Australian Central Bank's Hawkish Stance Keeps Bond Yields Steady Amid Rising Inflation Concerns
RBA's hawkish stance keeps Australian bond yields steady near highs as inflation concerns rise, signaling more rate hikes may come.
Gold and Silver Retreat as Fed Rate Cut Bets Fade, Prices Remain Above Key Psychological Levels
Gold and silver fell as Fed rate cut bets faded, but gold stayed above $5,000/oz. Strong US jobs data boosted yields; inflation data awaited.
ADNOC Expands LNG Carrier Fleet to Boost Global Gas Trading Ambitions and Marketing Flexibility
ADNOC will order up to 6 new LNG carriers in 2024, boosting global gas trading flexibility and supporting UAE's energy transition goals.
Flexible Growth and Strategic Expansion Drive TAQA’s Net Profits to AED 7.5 Billion in 2025 as Shift to Renewables Accelerates
TAQA's 2025 net profit rose 5.6% to AED 7.5B, driven by renewables and infrastructure, as oil and gas decline in portfolio share.
ALEC Holding Strengthens Position Post-Dubai Listing with Accelerated Profitability and Strong Cash Flows
ALEC Holding's 2025 profits rose 89% post-Dubai listing, with strong cash flow, higher dividends, and robust growth in construction demand.
Profit Growth and Asset Quality Drive Umm Al Quwain National Bank’s Performance Amid Strong Deposit Expansion in 2025
Umm Al Quwain National Bank's 2025 profit rose 15% to AED 581M, with strong deposit, asset, and loan growth, and improved asset quality.
Dubai International Airport Approaches 100 Million Annual Passengers with Record-Breaking 2025 Performance
Dubai Airport set a record with 95.2M passengers in 2025, nearing 100M. Efficiency, connectivity, and growth drive its global aviation leadership.
UAE Launches New Phase of Digital Finance with Dirham-Backed Stablecoin Under Central Bank Oversight
UAE launches dirham-backed stablecoin DDSC for institutional use, under Central Bank oversight, boosting regulated digital finance.
Jafurah Condensate Flows Redraw Saudi Arabia’s Gas and Oil Equation as Project Enters Commercial Phase
Jafurah gas project begins condensate sales to Asia, marking Saudi Arabia's shift to unconventional gas and boosting export and economic growth.
Dollar Shows Mixed Performance as U.S. Yields Rise After Strong Jobs Data and Markets Await Inflation Figures
Dollar stays volatile despite strong US jobs data and higher yields; markets await inflation figures for Fed rate cut signals.
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