Arabic Business Press, in English
329 briefs
BYD's 22% July Sales Jump Still Leaves Its 5 Million-Vehicle Target at Risk
BYD sold about 420,000 vehicles in July, up 22%, but first-half volume of 1.81 million means it must average roughly 530...
Egypt's Agri-Quarantine Agency Targets 40 New Export Markets as Philippines Deal Nears
Egypt is negotiating to open around 40 new destinations for its farm exports, centered on Europe and Africa, with the Ph...
UAE University Study Maps a Decade of Drone Research to Guide Civilian UAV Adoption
AURAK researchers distilled 109 studies from 2015–2025 into a review of drone tech, applications and regulation, flaggin...
Dubai Property Sales Reach AED 321B in Seven Months as Mortgages and Gifts Surge
Sales value eased 18% year on year, yet Dubai property still saw nearly 100,000 transactions worth AED 321 billion in se...
Egypt's Red Meat Prices Edge Down for Lamb, Wide Consumer Spreads Persist
Government data shows a 1 EGP drop in average lamb prices, but consumers still face a 300–460 EGP gap between different ...
Egyptian Wholesale Vegetable and Fruit Prices Show Mixed Trends on Friday
A snapshot of wholesale prices at Cairo's Obour market on July 31, 2026, reveals wide variations, with tomatoes and eggp...
Kuwait Petroleum Shifts to Delivered Crude Tender for Asia as Red Sea Peril Mounts
State-owned KPC offered a spot cargo of 55,000 tonnes of full-range crude on a delivered ex-ship basis, banning resale, ...
Planned 8-Hour Water Cut in Giza's Haram, Faisal Areas Friday Night for Metro Works
Residents and businesses in parts of Giza must store water as the drinking water company pauses supply from 10 PM Friday...
AUC Professor Youssef Wins Research Award for Location-Tracking Innovations
Moustafa Youssef’s work on quantum algorithms, infrastructure-light positioning, and brain-computer sensing earns AUC’s ...
OMODA O5 SHS-H hybrid saloon to launch in UAE this September
The Chinese brand's latest hybrid combines a 1.5L turbo petrol engine with an electric motor for 224HP, 7.9s 0-100km/h a...
Jazeera Airways Adds Third Daily Flight to Amman for Peak Summer Travel
Kuwait's low-cost carrier Jazeera Airways ramps up capacity on its Kuwait–Amman City Airport route to three daily rotati...
e& Posts 11.6% Revenue Growth in H1 2026, Reshapes Portfolio with Vodafone Exit
Emirates telecom group e& reported AED 38.1 bn in H1 revenue, driven by subscriber growth to 251.5 mn and a AED 21.9 bn ...
Huawei Launches Pura 90s Flagship in Kuwait with 5G+ and 200MP Telephoto Camera
Huawei has launched its Pura 90s series in Kuwait, featuring 5G+ connectivity, advanced AI photography, and a 200MP tele...
Royal Jordanian's H1 Profit Shrinks to JOD 1.4M Despite 23% Revenue Gain
Revenue jumps 23% year-on-year but net profit collapses from JOD 12.7M to JOD 1.4M as fuel and financing costs surge and...
Buying a Flat or Developer Shares: Which Delivers for a UAE Real Estate Investor?
With a million dirhams and a bullish view on UAE property, an investor can buy an apartment or shares in Emaar or Aldar....
Visa, noon Launch Tap to Tip to Bridge UAE’s Cash-Digital Tipping Gap
An NFC sticker on delivery bags lets consumers tip riders with a tap, tackling the 58% of tips still paid in cash even a...
Bitcoin Flat at $64,000 as Rate Uncertainty and Middle East Jitters Weigh
Bitcoin held near $64,000 on Friday, shrugging off a tech stock rally as investor caution over Fed path and geopolitical...
BoJ Holds Rates, Tech Earnings Spark Asian Rebound; Kospi Surges 14%
Asian equities rose on Friday, led by a 14% jump in South Korea's Kospi after its worst weekly drop in decades, as the B...
Oil Prices Fall as Hormuz Shipping Recovers, Easing Supply Fears
WTI and Brent crude fell on Friday as shipping through the Strait of Hormuz recovered to 30-35% of pre-conflict levels, ...
Gold Heads for First Monthly Gain in Five Months Despite Friday Retreat
Spot gold slipped 0.5% on Friday but is still up 1.8% in July, underpinned by consistent buying near the $4,000 mark eve...
Egypt and Kenya Target Infrastructure and Logistics Deals as Ties Deepen
Egyptian foreign minister Badr Abdellaty and Kenya's Vice President Kithure Kindiki discussed broadening cooperation in ...
Dubai Index Rises 0.32% on Blue-Chip Gains; Abu Dhabi Slips on Mild Profit-Taking
UAE equity markets diverged at Friday midday, with Dubai’s DFM gaining 0.32% to 5,810.68, led by Commercial Bank of Duba...
Investcorp Capital Annual Profit Falls 46% as Second-Half Slump Deepens
Abu Dhabi-listed firm books $44m profit for year to June 2026, down from $81m, as board recommends interim cash dividend...
Ardara and Sumou Start $1 Billion Second Phase of Abha's Al Wadi Development
PIF-backed Ardara and Sumou Holding have launched the SAR4 billion second phase of the Al Wadi mixed-use project in Abha...
China's Factory Activity Unexpectedly Shrinks in July as Domestic Demand Flags
Both manufacturing and services PMIs slipped into contraction, missing forecasts and marking the first factory contracti...
Egypt Condemns Somaliland’s Jerusalem Embassy, Backs Somali Unity
Cairo’s top diplomat met Somalia’s president at an AU summit, reiterating support for Mogadishu’s territorial integrity,...
European Stocks Rise as Tech Rally and AI Optimism Offset Inflation Jitters
A broad tech rebound, fueled by Microsoft and Amazon’s AI spending plans, pushed European markets toward a fourth straig...
LG's Sustainability Report Echoes UAE's AI and Net Zero Push with Hard Data
LG Electronics' 2025–2026 report reveals a 22.5% carbon reduction per product, 97.3% waste recycling, and new Responsibl...
IMF Approves $1.8 Billion Disbursement for Egypt as Economy Shows Resilience
The IMF board completed Egypt's seventh review, bringing total disbursements to $7.3 billion. Strong GDP growth, falling...
Saudi Arabia Leads New Multinational Maritime Defense Alliance, Hosts Permanent HQ in Riyadh
Founding nations announce a collective defence framework to secure the Bab el-Mandeb, Red Sea, and Gulf of Aden, with Sa...
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