News

The UAE cricket team will play its second match in the ICC Cricket World Cup League series on Thursday morning, facing Nepal in Dubai. The tournament also features teams from the USA and the UAE.

Dubai Aerospace Enterprise (DAE) has announced its financial results for the first nine months of 2025, showing significant growth. The company's revenue for this period reached $1.3 billion, a 26% increase compared to the same period last year. This growth led to a 100% doubling of pre-tax profit, which amounted to $653 million. According to the report, the company acquired 263 aircraft over the nine months, including 249 owned and 14 managed, and sold 59 aircraft. Thus, DAE's total aircraft fleet, including those on order, reached 726 units. DAE's Chief Executive Officer, Firouz Tarapore, commented: 'For the nine months ended September 30, 2025, our revenues increased by 26% to $1.3 billion, leading to a 100% doubling of pre-tax profit to $653 million. Pre-tax profit margin and return on equity also increased to 26.7% and 13.6%, respectively. Capital adequacy, financing, and liquidity indicators remained within the internally targeted ranges, in line with stakeholder expectations.'

Insurance Company 'Scon' achieved a net profit of 257 million dirhams in the first nine months of 2025, a 48% increase from the same period last year.

The UAE Federal Tax Authority urges producers and importers of sweetened beverages to review sugar and sweetener content ahead of a new selective tax mechanism based on a volume model, effective from 2026.

«Masoud Automobiles» recorded strong performance in the certified used cars sector, with sales increasing by 25% compared to last year, in a clear indicator of its superior performance this year.

Banks call for vigilance against evolving threats, especially those based on AI technologies, to ensure customer and depositor security.

The UAE solidify its position as one of the world's fastest-growing gold markets. Dubai, known as the 'City of Gold,' handles up to 30% of global trade, showing sustained growth driven by demand from central banks and local investors.

The UAE and Google launch the 'AI for All' initiative to train residents in AI fundamentals and boost tech skills. Programs will cover all ages and professions, including SMEs, to strengthen the digital economy and achieve Vision 2031.

Emirates has unveiled a new system for predicting turbulence by combining data from the German Meteorological Service with AI technologies. This solution allows pilots to receive real-time, accurate information to avoid hazardous zones, enhancing flight safety and fuel efficiency.

Today, October 29, 2025, Liverpool will face Crystal Palace at Anfield in the EFL Cup Round of 16. Kick-off at 8:45 PM Egypt/KSA time.

Schedule for the Manchester City vs Swansea City match in the Carabao Cup. Find out the kick-off time, where to watch, and key details of the upcoming game.

Dubai Festival City Mall launches Festival Bay Season 3, offering a mix of cultural events, culinary experiences, and live concerts by the waterfront.