The British pound has hit the lowest point since 1985, but governor of the Bank of England Mark Carney says it’s to be expected, and the bank is well prepared for this. Carney said: “Inevitably there will be a period of uncertainty. It will take some time to establish new relationships with Europe and the rest of the world. “The Bank of England will not hesitate to take additional measures, as required as markets adjust, and as the UK economy moves forward.”
Emirates Groups announces AED4.1 billion pre-tax profit in H1 2026
The Emirates Group has posted a profit before tax of AED 4.1 billion ($1.1 billion) for the first six months of 2026-27, despite disruptions and high fuel prices due to the regional conflict.
Disney's Pixar names Jonathan Garson president as Jim Morris steps back
Pixar Animation Studios announced on Wednesday that veteran Jonathan Garson will become president on January 4, replacing Jim Morris, who will step back from day-to-day leadership ahead of his eventual retirement.
DIP Holding places final IPO price
The final offer price for DIP Holding’s initial public offering (IPO) has been set at AED 1.12 per share following stronger investor demand.
Gulfood Manufacturing brings global industry leaders to Dubai
Food security, domestic production and supply chain resilience are taking centre stage in Dubai as Gulfood Manufacturing 2026 brings together manufacturers, technology providers and industry leaders from around the world.
ADNOC Gas signs five-year LNG supply agreement with TotalEnergies
ADNOC Gas and its subsidiaries on Tuesday announced a five-year liquefied natural gas (LNG) supply agreement with TotalEnergies for up to 1.6 million tonnes of LNG.
New traffic regulations in the UAE will introduce tighter rules on vehicle registration, electric scooter use and road safety from January 1, 2027.
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has emphasised the need to strengthen supply chain resilience to support global energy security.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, UAE Deputy Prime Minister and Defence Minister, has announced the Dubai-it Award for six winners across diverse sectors.
