Geopolitics takes toll on ADNOC Gas as Q2 profit falls 52%
The company fall back on its domestic market, with USD 1 billion of its USD 1.7 billion of H1 net profit coming from local clients
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Post stock market turnaround, Intel plans USD 15 billion share sale
While Intel's shares fell more than 3% in premarket trading, the company has outperformed its rivals (more than 170% for the year) so far in
Air taxi maker Archer to acquire Boeing’s Wisk Aero, SkyGrid and Insitu subsidiaries
The deal will combine complementary capabilities developed over decades in autonomy, eVTOL aircraft and unmanned aircraft systems
ConocoPhillips posts best profit since 2022, CEO Ryan Lance departs after 14 years
Lance became the CEO in 2012 after ConocoPhillips split from the refining business Phillips 66, becoming a pure exploration and production company
Dubai’s property rental activities set for record year, says fam Properties report
Apartments continue to dominate tenant demand, with one-bedroom units accounting for 88,327 contracts, or 41% of all tenancy agreements registered so far this year
Honeywell cuts 2026 sales growth forecast, blames supply chain constraints
The American aviation giant now expects organic sales growth of 4% to 5% in 2026, down from its earlier projection of 7% to 9%
Alphabet seeks up to USD 25 billion from bond sale as it doubles down on AI
The company is offering notes in as many as 10 parts, with the maturities reportedly ranging from two to 40 years
Saudi Arabia’s fixed capital investment climbs to USD 95.4 billion as ‘Vision 2030’ spending accelerates
Government investment surged 54% in the first quarter, helping lift overall capital formation despite mixed economic indicators
Sharjah registers property transactions worth AED7 billion in July, sees near 62% gain
As per the Sharjah Real Estate Registration Department, the total value of transactions surged 61.8% from AED4.4 billion in June
Intel stake gains fail to lift SoftBank’s Q1 2026 profit amid AI boom
Apart from Intel, the Masayoshi Son-led venture also booked a gain on its stake in TikTok parent, ByteDance