Dubai Desk

AD Ports Group posted a more than 3% rise in net profit to AED 668 million (US$182 million) for the first half of 2025.

Gold rose for a third day to near $3,370 an ounce after U.S. Treasury yields fell, with markets now expecting a Fed rate cut in September and some betting on a larger move

Bitcoin surged past its previous record, driven by optimism over a potential Fed rate cut in September and capital flows from equities into digital assets.

The group cut debt and ramped up AED 5.2 billion in investments toward flexible generation, transmission upgrades, and desalination to support energy transition goals.

Pro-investment reforms, the NextGen FDI programme, and a growing network of Cepa trade deals are driving the country’s long-term FDI growth ambitions.

Brent and WTI crude prices remain under pressure, with the IEA forecasting a record supply surplus next year and U.S. inventories hitting a two-month high