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Alibaba revenue tops estimates with strong retail, AI push

Gulf Today

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November 30, 2025

Chinese e-commerce giant Alibaba beat analysts’ estimates for quarterly revenue as investments in one-hour delivery helped drive more users to its shopping apps, while its cloud division reported strong growth.

The company reported revenue of 247.80 billion yuan ($34.97 billion) in the second quarter, compared with estimates of 242.65 billion yuan, according to data compiled by LSEG.

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Gulf Today

Gulf Today

Philippines inflation 'rising toward target'

The Philippines' central bank will keep weighing a feeble growth outlook against gradually rising inflation.

time to read

1 mins

January 18, 2026

Gulf Today

ENEC partners with 2 Canadian firms to advance nuclear research

The Emirates Nuclear Energy Company (ENEC) has signed a Memorandum of Understanding (MoU) with the Saskatchewan Research Council (SRC) and the Global Institute for Energy, Minerals and Society (GIEMS), Canada, to advance cooperation across nuclear research, development and capacity building.

time to read

1 min

January 18, 2026

Gulf Today

Gulf Today

Father, daughter graduate from UoS

Sheikh Sultan Bin Ahmed Al Qasimi, Deputy Ruler of Sharjah, honours Mansour Ahmed Mansour (second from left) and his daughter Aysha during a graduation ceremony at the University of Sharjah.

time to read

1 min

January 18, 2026

Gulf Today

We need philosophy for soul-searching

As Bob Dylan once said: “The times, they are a-changin’.”

time to read

3 mins

January 18, 2026

Gulf Today

Khamenei accuses Trump of inciting deadly protests in Iran

Iran's Supreme Leader Ayatollah Ali Khamenei on Saturday blamed President Donald Trump for weeks of demonstrations that rights groups said have led to more than 3,000 deaths.

time to read

2 mins

January 18, 2026

Gulf Today

Gulf Today

Sharjah bridges African, Arab cultures

Literary events with a strong cultural theme are ideal platforms for knowledge exchange through interactions between attendees and translations of books, said publishers and booksellers from Africa participating in the second edition of the Sharjah Festival of African Literature (SFAL 2026).

time to read

1 mins

January 18, 2026

Gulf Today

Gulf Today

Elvira keeps his cool to lead by 2 strokes at Dubai Invitational

Nacho Elvira kept calm in breezy conditions to earn a two-shot advantage heading into the final round of the 2026 Dubai Invitational.

time to read

2 mins

January 18, 2026

Gulf Today

The ‘Trump effect’ is a bust for working class

President Donald Trump returned to the White House with a signature promise: to be a “champion for the American worker” and launch a “golden age” for domestic manufacturing.

time to read

2 mins

January 18, 2026

Gulf Today

Gulf Today

Martinez strikes as Inter stretch lead with victory over Udinese

Lautaro Martinez made sure that Inter Milan put pressure on their Serie A title rivals with the only goal in Saturday’s 1-0 win at Udinese which extended his team's league lead to six points.

time to read

1 mins

January 18, 2026

Gulf Today

Gulf Today

Lunate launches Thematic ETFs in Europe

Lunate, an Abu Dhabi-based global investment management firm, announced the launch of its Boreas range of UCITS thematic ETFs (Exchange Traded Funds) on Deutsche Börse Xetra (Xetra), becoming the first provider from the region to offer a suite of ETFs on a European exchange.

time to read

1 min

January 18, 2026

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