Tabadulat, the Shariah-compliant brokerage platform regulated under Abu Dhabi Global Market (ADGM) and holder of an In-Principle Approval from ADGM’s Financial Services Regulatory Authority (FSRA), has joined the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), the leading global body setting standards for Islamic finance. The new membership underscores Tabadulat’s dedication to maintaining the highest standards of Shariah compliance, governance, and transparency, while further developing its range of ethical investment products designed for Muslim investors worldwide. Established in 1991 and headquartered in Bahrain, AAOIFI is a non-profit international organisation that sets Shariah, accounting, auditing, governance, and ethics standards for…
Author: Sam Allcock
Sam Allcock is a seasoned journalist and digital marketing expert known for his insightful reporting across business, real estate, travel and lifestyle sectors. His recent work includes high-profile Dubai coverage, such as record-breaking events by AYS Developers. With a career spanning multiple outlets. Sam delivers sharp, engaging content that bridges UK and UAE markets. His writing reflects a deep understanding of emerging trends, making him a trusted voice in regional and international business journalism. Should you need any edits please contact editor@dubaiweek.ae
US$131 million Riyadh Shooting Range & Entertainment Complex to create more than 2,300 jobs and attract 400,000 visitors annually The Events Investment Fund (EIF) — launched by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, under the National Development Fund (NDF) — has announced the development of its first flagship project, the Riyadh Shooting Range & Entertainment Complex. Representing an investment of over SAR 491 million (US$131 million), the project marks a significant step in strengthening the Kingdom’s growing sports, culture, tourism, and entertainment sectors. The announcement took place…
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.…
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…
BHM Capital Financial Services, one of the UAE’s leading financial institutions and a key player in the country’s capital markets, has reported strong third-quarter results for 2025. The company’s performance reflects solid growth across all core business areas, supported by strong governance, innovation, and growing client confidence. Total income for the quarter reached AED 152.7 million, marking a 29.48% rise year on year. Net profit climbed to AED 38.6 million, representing a 41.38% increase compared with the same quarter of 2024. The firm also saw substantial client growth, with 28,509 new accounts opened – accounting for 42% of all new…
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,…
Football icon Lionel Messi has extended his contract with Inter Miami CF until the 2028 season, marking the historic signing with the Cross Classic Century Brushed Black PVD Ballpoint Pen, distributed by Jashanmal Group. This event signifies a defining chapter in American football and underlines how a fine writing instrument can immortalise great milestones. The chosen pen, a symbol of mastery and precision, comes from Cross, one of the world’s leading producers of luxury writing instruments. Across the Middle East and India, Cross products are represented by Jashanmal Group — a company that has been introducing global brands to regional…
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…
Nando’s is marking 23 years of serving up its signature flame-grilled PERi-PERi in the UAE with the opening of its 23rd Casa, located at JBR The Walk. To celebrate, the beloved Southern African restaurant brand will host a lively grand opening event on Monday, 17 November, from 5 PM to 7 PM. Ahead of the celebration, Barci – the playful Nando’s mascot – will be out and about on The Walk from 10 to 13 November. Visitors can expect photo moments, friendly interactions, and scratch-and-win giveaways offering prizes ranging from menu favourites and PERi-PERi sauces to the top reward of…
GEMS School Management (GSM), the advisory division of GEMS Education, has announced that it is exploring the development of a major new international school in Limassol, Cyprus, in collaboration with CoolSide Development (“CoolSide”), a prominent regional real estate developer. Under the terms of a non-binding agreement, CoolSide is expected to retain majority ownership of the project, while GSM will lead on operational oversight, school management capabilities, and the integration of its established global education systems, shaped through more than sixty years of expertise. Planned for Limassol’s sought-after eastern district of Pyrgos, with direct proximity to the coastline, the school is…