Author: Stuart

Business & Finance Editor, Dubai Week 📍 Based in Dubai — With over a decade of experience dissecting global markets, fiscal policy, and corporate strategy, Stuart Wagner leads the finance desk at Dubai Week, delivering in‑depth analysis tailored to UAE and GCC audiences.

Sharjah Golf & Shooting Club hosted another lively field for the latest Dimos Monthly Stableford on Saturday, 15 November, as members enjoyed a full day of spirited competition. The tournament once again benefitted from the valued backing of Dimos, whose sponsorship contributed to upgraded prizes and an enhanced atmosphere for all competitors. The standout performance of the day came from junior golfer Dehan Ungerer, who produced one of his finest displays this season. Posting an impressive 42 points, Dehan sealed the overall win after a tight battle that was ultimately decided on a countback. His scorecard featured a string of…

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Presented by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), the second edition of the landmark light art exhibition is now available for the public across the emirate, expanding from its highly praised launch in Al Ain earlier this month. Manar Abu Dhabi, themed ‘The Light Compass’, brings together 15 artists and collectives from the UAE and abroad, representing 10 countries. Alongside the artworks, visitors can enjoy a dynamic calendar of talks, live performances, workshops, and interactive experiences designed for all ages. After drawing considerable attention with its Al Ain debut, Manar Abu Dhabi—the widely celebrated…

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REJO, a leading force in the heated tobacco sector, made a strong impression at World Tobacco Middle East 2025 with the launch of its latest self-developed heat-not-burn (HNB) devices and an exclusive patented technology, highlighting its growing technological leadership. A Revolutionary Product Portfolio At the centre of the REJO stand was REJO MULTI, the brand’s flagship device first revealed at InterTabac in Germany earlier in 2025. The product represents a significant advancement in heated tobacco innovation, combining two distinct heating systems into one unit. This dual-system capability allows compatibility with multiple mainstream stick brands, giving consumers the freedom to switch…

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Dubai Investments, the diversified investment group listed on the Dubai Financial Market, has announced profit before tax of AED 1,096.72 million for the nine months ending 30 September 2025. This marks a notable increase from AED 687.68 million recorded during the same period in 2024, representing a year-on-year rise of 59%. For the third quarter alone, ending 30 September 2025, profit before tax stood at AED 550.44 million, significantly higher than the AED 256.00 million posted in Q3 2024 – an increase of 115%. The company attributed the strong performance to continued growth in rental income across its real estate…

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The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) is set to participate in the International Council of Museums (ICOM) General Conference 2025, hosted at the Dubai World Trade Centre from 11 to 17 November. This year’s event is themed ‘The Future of Museums in Rapidly Changing Communities’. Representatives from DCT Abu Dhabi will join a broad international gathering of cultural leaders, including directors of major museums, architects, artists, academics, curators and educators. Their contributions will help advance discussions on the evolving role of museums and their impact on global cultural cooperation. His Excellency Mohamed Khalifa Al…

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Two UAE racers are taking part in the landmark event in Malaysia, with Zain Elhommosany aiming to continue the momentum from his recent Nations Cup triumph in Qatar. FIA President Mohammed Ben Sulayem has emphasised that the inaugural FIA Karting Arrive and Drive World Cup, which begins today, is helping break down financial and technological barriers traditionally linked to karting, with the aim of expanding access and encouraging greater participation worldwide. The long-awaited World Cup is being staged for the first time, featuring junior and senior competitors on Asia’s largest karting circuit, the LYL International Circuit in Malaysia. Taking place…

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Gulf International Bank (GIB) has announced strong financial results for the third quarter ending 30 September 2025, reflecting continued profitability, disciplined cost control, and effective income diversification. For the three months ending 30 September 2025, net profit attributable to shareholders reached $48.0 million, marking a 27% increase compared with $37.9 million in the same period last year. The rise was supported by growth in non-interest income, which increased by 7% to $57.5 million from $53.9 million. Operating expenses remained stable at $112.1 million, recording only a modest 2% rise — a reflection of the Bank’s strong commitment to cost efficiency.…

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Year-to-date revenue for 2025 up 48.8% to AED 1.74 billion Q3 2025 revenue rises 15.3% to AED 652.9 million; EBITDA up 14.4% to AED 131.8 million Backlog increases to AED 3.7 billion, up from AED 1.6 billion a year earlier Presight AI Holding Plc (“Presight” or “the Company”; ADX: PRESIGHT) has announced its third-quarter 2025 financial and operational results, showcasing another strong performance fuelled by accelerating international growth and continued operational resilience. Revenue for the third quarter reached AED 652.9 million, representing a 15.3 percent increase compared to the same period in 2024. Earnings before interest, tax, depreciation, and amortisation…

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More than 2,100 students graduate, setting a new record for Dubai’s biggest UK university The Class of 2025 follows the university’s largest-ever intake of nearly 3,000 students this academic year H.E. Mohamed AlMulla: Education forms the foundation of lasting development and innovation Middlesex University (MDX) Dubai, the UAE’s leading British higher education institution, has reached a major milestone as over 2,100 students from the Class of 2025 officially graduate – the largest cohort in the university’s 21-year history. The figure represents a notable increase from the 1,500 graduates of 2024 and underscores the university’s expanding academic footprint in technology, innovation,…

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A new initiative unites top Dubai restaurants and acclaimed chefs to show that healthy eating can be quick, satisfying, and accessible to all. Throughout November, participants will be able to discover nutritious recipes perfectly matched to their 30×30 fitness goals – each taking just 30 minutes to prepare. Dubai Fitness Challenge (DFC) is broadening its focus on holistic wellness with the launch of Fuel Your Challenge, a new citywide nutrition initiative that celebrates the idea that true movement begins with mindful eating. Now in its ninth edition (1–30 November 2025), DFC continues to champion a lifestyle where fitness and nutrition…

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