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Nestle ousts Schneider, appoints Freixe as replacement

Disney taps Josh D’Amaro as CEO replacing Bob Iger

PayPal appoints HP CEO Enrique Lores as new leader

Dow names COO Karen Carter as next CEO succeeding Fitterling

Misr Reinsurance Brokerage gains Egypt regulatory approval

Hannover Re reports minimal Iran war impact on Q1 results

Soter Insure secures DIFC insurance licence in Dubai

Orient Insurance reports $93 million Q1 net profit surge

Saudi Energy Q1 revenue up 9.4%, net profit surges 89.3%

Oman signs $250 million EV battery plant deal with Korea’s EL B&T

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    Chairman & CEO, Starbucks

Industry Topics

Banking

UAE banking sector shows renewed strength as major lenders report solid earnings

UAE banking sector shows renewed strength as major lenders report solid earnings

Recent results and relief measures point to a resilient UAE banking system.

Bank of Sharjah delivers record Q1 performance on stronger interest income

Bank of Sharjah delivers record Q1 performance on stronger interest income

Saudi lenders post strong Q1 profit growth as lending momentum stays resilient

Saudi lenders post strong Q1 profit growth as lending momentum stays resilient

Finance

Capital Group opens first Middle East office as regional expansion accelerates

Capital Group opens first Middle East office as regional expansion accelerates

Capital Group plans ADGM office to tap Middle East growth and build…

Rain Financial snaps up Digital Ma’arefa to expand financial media reach

Rain Financial snaps up Digital Ma’arefa to expand financial media reach

Kuwait cuts bank liquidity and capital ratios in stimulus push to keep credit flowing

Kuwait cuts bank liquidity and capital ratios in stimulus push to keep credit flowing

Technology

COMSTECH and Huawei launch ICT academy for regional skills push

COMSTECH and Huawei launch ICT academy for regional skills push

COMSTECH-Huawei academy targets OIC digital skills gap with certified training programs.

KACST partners with ispace on lunar exploration technologies

KACST partners with ispace on lunar exploration technologies

Signit raises $15 million to scale AI contract management across Saudi Arabia

Signit raises $15 million to scale AI contract management across Saudi Arabia

Real Estate

Deyaar revenue hits Dh447 million despite hospitality pressures

Deyaar revenue hits Dh447 million despite hospitality pressures

Deyaar posts Dh447.1 million revenue amid regional war impact on hospitality segment.

Binghatti Holding posts 10th straight record sales quarter

Binghatti Holding posts 10th straight record sales quarter

Emaar Q1 profit surges 33% as Dubai property demand accelerates

Emaar Q1 profit surges 33% as Dubai property demand accelerates

Healthcare

Rhazes AI deploys clinical scribes pilot in Lebanon refugee hospital

Rhazes AI deploys clinical scribes pilot in Lebanon refugee hospital

Rhazes AI scribes reduce admin burden 50% in Lebanon conflict-zone hospital trial.

Dubai Healthcare City launches AED1.3 billion infrastructure expansion

Dubai Healthcare City launches AED1.3 billion infrastructure expansion

KFSHRC becomes first Middle East centre to implant AI brain-sensing device

KFSHRC becomes first Middle East centre to implant AI brain-sensing device

Energy

Saudi Energy Q1 revenue up 9.4%, net profit surges 89.3%

Saudi Energy Q1 revenue up 9.4%, net profit surges 89.3%

Saudi Energy revenue hits SAR record as efficiencies drive 89.3% profit jump…

Oman signs $250 million EV battery plant deal with Korea’s EL B&T

Oman signs $250 million EV battery plant deal with Korea’s EL B&T

Mubadala takes stake in US renewable specialist Power Factors

Mubadala takes stake in US renewable specialist Power Factors

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About Us

Headquartered in the United Arab Emirates, Commerce Chronicle stands as a premier international business and finance publication committed to delivering authoritative insights and timely news across a wide range of sectors. Its editorial scope extends from traditional financial services such as banking, asset management, brokerage, and insurance to real estate, technology, telecommunications, transportation, healthcare and utilities. With comprehensive coverage spanning the Middle East, Africa, Asia, Europe, and Latin America, the publication acts as a trusted guide for those navigating the complexities of the global marketplace.

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Brian-Niccol
Chairman & CEO, Starbucks

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