Category : Business

Business

AI chip demand lifts Singapore Q1 GDP growth to 6%

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AI chip demand helped Singapore beat its Q1 GDP estimate, with exports and manufacturing gains led by electronics and semiconductors....
Business

GME posts strongest trading week in two decades

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GME recorded its strongest trading week in two decades, with Oman crude futures exceeding 69,052 contracts traded....
Business

Dubai Green Corridor keeps cargo moving during disruptions

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Dubai Customs’ Green Corridor kept diverted cargo moving through Hatta as April declarations neared 100,000 and trade value topped AED8 billion....
Business

Air Arabia Q1 profit slips as regional disruption bites

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Air Arabia posted AED 278 million in Q1 2026 net profit as regional airspace disruption cut capacity, while revenue rose to AED 1.8 billion....
Business

India unveils sovereign-backed maritime insurance pool

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The Bharat Maritime Insurance Pool gives India domestic cover for hull, cargo, P&I and war risk on ships tied to Indian trade routes now....
Business

EMSTEEL Q1 net profit jumps as margins widen

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EMSTEEL reported AED 2.2 billion in Q1 2026 revenue as EBITDA rose 82% and net profit climbed 246% on wider margins for the Abu Dhabi...
Business

South Korea ICT exports hit $42.7 billion in April

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South Korea ICT exports climbed to $42.7 billion in April as semiconductor demand drove a record annual gain and a wider trade surplus....
Business

ADNOC Gas posts resilient Q1 profit despite disruption

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ADNOC Distribution reported record Q1 2026 profit and EBITDA growth as fuel volumes, retail sales and network expansion lifted results....
Business

Egypt secures $1 billion World Bank reform support

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Egypt gains new World Bank funding to boost private sector jobs, strengthen fiscal stability and support greener growth goals nationwide....
Business

ADB commits $30 billion for ASEAN by 2030

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Asian Development Bank pledged $30 billion through 2030 to help ASEAN expand energy links, deepen markets and build resilience regionally....