Careem reports key customer trends across the Everything App during the Holy Month of Ramadan 2026. This Ramadan coincided with a period of heightened regional uncertainty, and the impact was felt across communities throughout the UAE. During this time, Careem worked closely with local authorities to prioritise Captain safety above all else, while continuing to
Credit ratings, countries of risk, and sector type are having varying impacts on global sukuk and GCC debt capital market (DCM) liquidity amid the ongoing Iran war, Fitch Ratings says. In the short term, the impact on liquidity will depend on the scope and duration of the war. Longer-term effects will only become clear once
The Government of Sharjah, under the supervision of the Sharjah Archaeology Authority (SAA), has opened first round applications for Mentoring Fellowship Grants for Emirati Youth, the third funding category within the Faya Research Grant Programme, offering Emirati students and graduates the opportunity to gain hands-on training, fieldwork and international research exposure at the Faya Palaeolandscape
The leaders of the European Union countries, at the conclusion of their regular summit held in Brussels, affirmed that developments related to Iran and the Middle East region represent an increasing threat to regional and international security. They stressed the need to de-escalate and exercise the utmost restraint by all parties, in order to ensure
Forbes Middle East has released its ranking of the 100 Most Valuable Companies in the Middle East, highlighting the firms leaving their mark in the region’s capital markets and contributing to economic growth. The total market capitalisation across the 12 stock exchanges in the MENA region stood at $4.3 trillion as of January 2026, with
Lexus announces the arrival of the new IS in the Middle East, marking the latest evolution of the compact front-engine, rear-wheel-drive (FR) sports sedan that has pursued the joy of driving since the first-generation model debuted in 1999. Widely regarded as a cornerstone of the Lexus driving experience, the IS continues to earn praise for
The Arab Energy Fund, a leading multilateral impact financial institution, today announced its financial results for the fiscal year ending December 31, 2025. The Fund achieved its fourth consecutive year of record net income, supported by sustained balance sheet growth, strong funding activity, disciplined cost management, and continued portfolio optimization across business lines. Net income