🇦🇪UAE Legal News

Oil Giant Feels the Chill: Aramco’s 2025 Profit Slips as Energy Prices Soften

Oil Giant Feels the Chill: Aramco’s 2025 Profit Slips as Energy Prices Soften

Saudi energy heavyweight Aramco closed 2025 with a noticeable dip in earnings, as weaker prices for crude oil and chemical products trimmed the company’s revenue stream. The state-backed oil titan posted a full-year net profit of $93.38 billion, marking an 11.6% decline from the previous year. The fall was largely attributed to lower sales revenue …

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Gulf Market Jitters Deepen as UAE Stocks Slide Further Amid Escalating Regional Tensions

Gulf Market Jitters Deepen as UAE Stocks Slide Further Amid Escalating Regional Tensions

Equity markets in the United Arab Emirates stumbled again on Friday, extending a week of losses as investors reacted cautiously to the intensifying conflict unfolding across the Middle East. Trading resumed earlier in the week after exchanges paused operations for two days following a wave of missile and drone strikes launched by Iran over the …

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Aldar Keeps the Lights On: UAE Developer Signals Business as Usual Across Its Vast Portfolio

Aldar Keeps the Lights On: UAE Developer Signals Business as Usual Across Its Vast Portfolio

Real estate heavyweight Aldar Properties says its sprawling operations across the United Arab Emirates are running smoothly, with communities, offices, retail centres and development projects continuing without disruption. The Abu Dhabi-based developer reported that activity across its residential neighbourhoods, commercial towers, logistics hubs, hotels, schools and retail destinations remains fully operational, underscoring the group’s operational …

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Investcorp’s GP Staking Strategy Gains Momentum as Second Fund Draws $1.1bn

Investcorp’s GP Staking Strategy Gains Momentum as Second Fund Draws $1.1bn

Bahrain-based investment powerhouse Investcorp has secured more than $1.1 billion in commitments for its second GP-staking vehicle, a milestone that signals growing investor appetite for backing private-market managers themselves rather than just their funds. The capital was raised for Investcorp Strategic Capital Partners II (ISCP II) and related vehicles, which together gathered over $1.25 billion …

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Gulf Tensions Cast a Long Shadow Over the UAE’s Red-Hot Property Boom

Gulf Tensions Cast a Long Shadow Over the UAE’s Red-Hot Property Boom

The glittering skyline of the United Arab Emirates has long symbolized a region that markets itself as stable, wealthy, and open for business. But recent Iranian missile strikes have jolted that narrative, raising questions about whether the country’s surging property market is heading into its first serious stress test. For years, real estate across the …

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Gulf Sovereign Funds Circle SoftBank’s PayPay as $1.1 Billion Nasdaq Debut Nears

Gulf Sovereign Funds Circle SoftBank’s PayPay as $1.1 Billion Nasdaq Debut Nears

SoftBank’s digital payments arm, PayPay Corporation, is preparing for a major Wall Street entrance — and it will arrive with heavyweight backing from the Middle East. Two of the region’s most influential sovereign wealth funds, Abu Dhabi Investment Authority and Qatar Investment Authority, have stepped forward as cornerstone investors in the company’s planned Nasdaq listing. …

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Markets Brace for Shockwaves as Middle East Conflict Pushes Banks Toward Safer Bets

Markets Brace for Shockwaves as Middle East Conflict Pushes Banks Toward Safer Bets

Growing tensions involving the United States, Israel and Iran are casting a long shadow over global financial markets, prompting major banks to rethink investment strategies and caution clients about rising geopolitical risks. Analysts say the immediate ripple effect of the crisis is likely to appear in energy markets. Oil prices have become the key transmission …

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$110 Billion Bet: OpenAI Pulls in Amazon, Nvidia and SoftBank as AI Arms Race Intensifies

$110 Billion Bet: OpenAI Pulls in Amazon, Nvidia and SoftBank as AI Arms Race Intensifies

The money flooding into artificial intelligence just found a new high-water mark. OpenAI has unveiled a staggering $110 billion fundraising round that places an $840 billion valuation on the company behind ChatGPT — a signal that the AI boom is no passing storm but a full-blown climate shift in global tech. The financing is anchored …

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