Air India Express is back in the Gulf skies with a familiar hum. The airline has restarted services to Bahrain and Qatar, marking a renewed push into key Middle East corridors while quietly expanding its footprint across the wider region. The relaunch, effective from April 30, reconnects a dense web of Indian cities—spanning both major …
Gulf Routes Reignite as Air India Express Rebuilds Regional Network Read More »
Commercial Bank International opened 2026 on a measured note, delivering a net profit of AED47.1 million for the first quarter, equivalent to $12.82 million, as core operations showed resilience despite a notable drag from non-interest income. The bank’s pre-tax earnings climbed 14 percent year-on-year to AED52.1 million, supported by a 7 percent rise in net …
CBI’s Early 2026 Scorecard: Steady Gains Mask a Dip in Fee-Driven Income Read More »
The Bank of Sharjah has capped off a standout financial year with shareholder rewards, approving a 6.5% cash dividend after delivering a sharp jump in earnings that underscored its renewed momentum. At its annual general meeting, the bank signed off on its financial results and key resolutions, including the continuation of its external audit partnership …
Sharjah Lender Caps Breakout Year With Dividend Boost After Profit Surge Read More »
The financial engine that powered LIV Golf’s explosive arrival is set to wind down, forcing the league into a defining moment about its future. Saudi Arabia’s Public Investment Fund (PIF), which poured more than $5 billion into the breakaway circuit since its flashy debut in 2022, has decided the project no longer aligns with its …
LIV Golf Faces Financial Crossroads as Saudi Backers Step Away Read More »
Mashreq opened the year with a steady surge in earnings, posting a net profit of AED1.927 billion for the first quarter of 2026—an 8 percent rise from a year earlier. Before taxes, profit reached AED2.28 billion, underlining a broadly positive start despite a shifting regional backdrop. Revenue growth kept pace with the upbeat performance. The …
Mashreq Starts 2026 on Firm Footing as Profit Climbs and Balance Sheet Expands Read More »
Credit Agricole Egypt opened the year on a softer note, with first-quarter earnings dipping as mounting provisions and a heavier tax bill clipped the bank’s bottom line. Net profit edged down 2.9% year-on-year to EGP 1.80 billion, even as the lender’s core business showed steady momentum. The drag came largely from a sharp spike in …
Profit Takes a Breather: Credit Agricole Egypt Feels the Weight of Rising Costs Read More »
Dubai’s financial heartbeat is thumping louder—and faster—at the start of 2026. The Dubai Financial Market (DFM) has opened the year with a sharp leap in profitability, as trading floors buzzed with activity and fresh money poured in from across the globe. Net profit before tax climbed to AED 193.3 million, a notable jump from AED …
Dubai’s Stock Exchange Roars Into 2026 With Profit Surge and Billion-Dirham Trading Days Read More »
A new chapter in Makkah’s evolving cityscape is taking shape, as Umm Al Qura for Development and Construction moves to introduce its first branded residences in partnership with luxury hospitality operator Kempinski Group. The project, named Kempinski Residences, will rise within the Masar Haram district — a central zone inside the wider Masar development. Plans …
Desert Skyline Gets a Signature Touch: Kempinski Branded Residences Set for Makkah Debut Read More »
Saudi chemicals heavyweight Saudi Basic Industries Corporation opened the year on a cautiously optimistic note, swinging back into the black after a bruising period—though the recovery comes with visible strains beneath the surface. For the first quarter, the company posted a modest net profit of SAR13.2 million, a sharp turnaround from the hefty loss recorded …
Profit Returns, But Pressure Lingers: SABIC’s Uneven Start to 2026 Read More »
Dubai’s lights are barely flickering anymore—and the numbers prove it. The Dubai Electricity and Water Authority has set a fresh global benchmark, trimming electricity customer minutes lost (CML) down to just 0.82 minutes a year—roughly 49 seconds. It’s not just a record; it’s an improvement on its own previous best, shaving off about 13% from …
49 Seconds of Darkness: Dubai Pushes Power Reliability to a New Extreme Read More »
Court Cast is a vibrant, collaborative platform designed specifically for legal professionals worldwide. Embrace the opportunity to connect, share insights, and grow with a diverse network of attorneys, legal scholars, and industry experts. Court Cast offers a unique space for members to discuss the latest legal trends, share case studies, and engage in thought-provoking environment.
