Arab Business News & Press Releases

Top Business News Headlines

• UAE Conducts First Government Transaction Using Digital Dirham: In a historic move, the UAE government has made its first official financial transaction using the Digital Dirham, positioning the nation among the world’s most advanced digital asset regulators.
• Air Arabia Reports Record Q3 Profit: Air Arabia posted record profits in the third quarter of 2025 amid surging travel demand, and is expanding its hiring efforts.
• Saudi Arabia Top Investment Market for International Businesses: A recent HSBC report indicates that 90% of international businesses in the UAE view Saudi Arabia as a central pillar of their regional growth strategies.
• Emaar Development Reports Strong Q3 2025 Performance: The real estate developer announced strong performance, with several new projects underway, including the handover of the Adhara Star project in Dubai.
• UAE Launches 6G Initiative: The UAE has initiated a national 6G roadmap, targeting data speeds 500 times faster than 5G to revolutionize connectivity and foster an AI-native government model.
• Saudi Airports Traffic Soars: Saudi airports welcomed over 103 million passengers in the first nine months of 2025, a 9% increase year-over-year.
• PIF to Invest $3.6 Billion in Jeddah Hospitality Assets: The Public Investment Fund’s (PIF) Al Balad Development is set to invest $3.6 billion to build over 3,300 hotel rooms in Historic Jeddah to boost the tourism sector. 

Key Press Releases

• OPEC Fund Commits $1 Billion to Azerbaijan: The OPEC Fund announced it will provide up to US$1 billion over the next three years to support Azerbaijan’s sustainable development priorities.
• ADGM Hosts Global Media Forum: Abu Dhabi Global Market (ADGM) hosted its second Global Media Forum to highlight Abu Dhabi’s growth story and mark its 10-year milestone.
• Emirates Invests AED 85 Million in Biometrics: Emirates airline has invested AED 85 million to install over 200 biometrics-enabled touchpoints across Dubai International Airport to streamline passenger experience.
• Arab Investment Company & Franklin Templeton Sign $70M Deal: They have signed a deal to launch a new Gulf bond fund.