August 16, 2026 - Arabian networking group

Dubai Stocks Fall as Air Arabia and ALEC Earnings Weigh on Market

Corporate earnings create pressure on Dubai equities Dubai’s stock market came under pressure on 14 August, with the main index falling 0.4% for a second consecutive session. Weak corporate earnings and continuing geopolitical uncertainty contributed to the decline. Air Arabia fell 4.1% after reporting a 75% year-on-year decline in second-quarter net profit to AED 87.9 […]

Dubai Stocks Fall as Air Arabia and ALEC Earnings Weigh on Market Read More »

UAE Condemns Attack on Two ADNOC-Linked Vessels

News / Sehaj Singh

Maritime security becomes a major issue for Gulf energy businesses The UAE has condemned an attack on two vessels affiliated with ADNOC while they were travelling through the Strait of Hormuz. No injuries were reported, but the incident has highlighted the growing risks faced by energy companies and shipping operators using the strategic waterway. The

UAE Condemns Attack on Two ADNOC-Linked Vessels Read More »

Gulf Economy Shows Resilience Despite Continued Regional Trade Disruption

News / Sehaj Singh

Diversification and alternative infrastructure provide economic support Gulf economies are proving more resilient than some early expectations despite continued disruption around the Strait of Hormuz. The economic effects are extending beyond oil prices. Shipping costs, insurance premiums, supply-chain disruptions and difficulties moving energy and goods are creating additional pressure for companies across the region. The

Gulf Economy Shows Resilience Despite Continued Regional Trade Disruption Read More »

Saudi Arabia Signs Major Power Infrastructure Agreement for Expo 2030 Riyadh

News / Sehaj Singh

Electricity network planned for one of Saudi Arabia’s biggest international projects Saudi Arabia has signed an agreement covering electricity infrastructure for the Expo 2030 Riyadh site, marking another major step in preparations for the international event. The planned infrastructure includes a main electricity supply substation, three primary substations, transmission networks and distribution networks. The Expo

Saudi Arabia Signs Major Power Infrastructure Agreement for Expo 2030 Riyadh Read More »

UAE Non-Oil Trade Reaches Record $527 Billion

News / Sehaj Singh

Global economic partnerships strengthen UAE trade growth The UAE’s non-oil foreign trade has reached a record $527 billion, highlighting the country’s continued economic diversification and growing international trade network. The UAE’s network of international economic partnership agreements has also expanded to 38 deals, giving local companies greater access to overseas markets and creating new opportunities

UAE Non-Oil Trade Reaches Record $527 Billion Read More »