Al Ansari Financial Services Reports Profit Decline Amid Tourism Slowdown and Competitive Pressure
Al Ansari Financial Services reported a 29% decline in net profit after tax for the first quarter of 2026, as…
Tag: Business
Emsteel Profit Soars in First Quarter as Cost Controls Boost Margins
Abu Dhabi-based steel and building materials producer Emsteel reported a sharp rise in first-quarter profit on Wednesday, supported by lower…
Google Expands AI Push With Gemini Intelligence for Android Devices
Google has unveiled a major expansion of its artificial intelligence strategy with the introduction of Gemini Intelligence for Android, a…
Ooredoo Launches AI Transformation Drive in Partnership With Microsoft
Ooredoo Qatar has announced a major digital and artificial intelligence transformation programme aimed at accelerating its transition into an AI-powered…
Apple’s Foldable iPhone May Launch With Limited Colour Choices in 2026
Apple is expected to introduce its long-rumoured foldable iPhone next year with only a small selection of colour options, according…
Startup Founded by Former OpenAI Executive Unveils AI Designed for More Natural Conversations
A new artificial intelligence research project launched by a startup founded by former OpenAI chief technology officer Mira Murati aims…
Florida Shooting Investigation Puts OpenAI Under Legal Scrutiny
A criminal investigation into OpenAI has opened in the United States after authorities alleged that a student who carried out…
Adnoc Drilling Reports Record First-Quarter Results Despite Regional Tensions
Adnoc Drilling reported record first-quarter earnings for 2026 on Monday, posting higher revenue and profit while stating that ongoing regional…
More Than 65,000 UAE Residents and Businesses Receive Financial Relief Amid Regional Tensions
More than 65,300 residents and businesses in the United Arab Emirates have received financial support through a Dh6.2 billion resilience…
Saudi POS Spending Jumps to SR16.6bn as Consumer Activity Accelerates
Consumer spending in Saudi Arabia recorded a sharp rise during the week ending May 2, with total point-of-sale transactions climbing…