Middle East
Saudi Stock Market Closes Lower as Main Index Slips 11 Points
Saudi Arabia’s main stock market index closed lower on Wednesday, shedding 11.10 points to finish at 10,704.51, as trading activity reached SAR 3.9bn ($1.04bn).
Business
Business News
Business
Mubadala Bio launches first locally manufactured hemodialysis solutions in UAE
Mubadala Bio has announced the launch of new hemodialysis products through its subsidiary Wellpharma, one of its Abu Dhabi-based manufacturing facilities. This milestone marks the first time hemodialysis concentrate solutions are being manufactured locally in the UAE.
Middle East
Emirates named Middle East's best airline at APEX Awards
Emirates has been named the best overall airline in the Middle East at the 2026 APEX Best in Airline Awards. The accolade was announced at a ceremony in Dublin on 11 June and is based on verified passenger feedback.
Business
SpaceX set to make its Nasdaq debut on Friday in what could be the largest IPO in US history
SpaceX is expected to begin trading on the Nasdaq on Thursday under the ticker SPCX, following pricing on Wednesday, in an initial public offering targeting a raise of $75 billion at a valuation of $1.75 trillion.
Middle East
UAE communications forum returns for 11th year with focus on resilience amid regional uncertainty
More than 100 senior communications professionals from across the UAE will gather in Abu Dhabi on 23 June for MEPRA's annual UAE Leadership Majlis, now in its 11th year.
Business
Dubai's Eid Al Adha shopping sale: the numbers behind the city's biggest retail weekend
Footfall at some Dubai malls rose by as much as 35% during this year's Eid Al Adha holiday period. More than 500 brands offered discounts of up to 90% across 2,500 outlets. And this year, the 3-Day Super Sale ran for five days. That extension, according