Somshankar Bandyopadhyay

Somshankar Bandyopadhyay

somshankar@khaleejtimes.com

Associate Editor Somshankar Bandyopadhyay brings more than three decades of experience to the KT newsroom. Currently, he manages the news production of the business section, ensuring that the top economic and business news of the day reaches its readers.

UAE construction boom helps RAK Ceramics lift profit despite regional disruptions

UAE construction boom helps RAK Ceramics lift profit despite regional disruptions

UAE-based ceramics manufacturer reports a 2.9 % rise in Q2 net profit, supported by strong demand in the UAE, Saudi Arabia and Bangladesh despite supply chain challenges and higher logistics costs

Aramex posts record Q2 revenue as freight forwarding hits new high

Aramex posts record Q2 revenue as freight forwarding hits new high

Logistics firm reports highest quarterly revenue in its history as freight forwarding demand surges, helping drive a sharp rise in profitability despite regional disruptions

UAE market showing strong signs of recovery US-Iran conflict eases

UAE market showing strong signs of recovery US-Iran conflict eases

UAB CEO says UAE business activity is rebounding after regional conflict eased, as the 51-year-old bank posts H1 2026 net profit of Dh201 million

Amanat targets Dh1.5 billion GCC expansion while maintaining 7% dividend

Amanat targets Dh1.5 billion GCC expansion while maintaining 7% dividend

Dubai-listed investment firm plans to invest in healthcare and education over three years, betting on GCC demographic growth while targeting a 10% return on equity

UAE firms face rising AI costs as adoption moves beyond pilot stage

UAE firms face rising AI costs as adoption moves beyond pilot stage

As Gulf businesses accelerate AI deployment, expert warns that hidden consumption costs, governance gaps and infrastructure inefficiencies could undermine returns on investment

Agthia profit jumps 147 % as cash flow strengthens and dividend rises

Agthia profit jumps 147 % as cash flow strengthens and dividend rises

UAE food and beverage group reported higher first-half earnings, stronger cash generation and lower debt, prompting a 14.4% increase in its interim dividend

UAE digital economy: Why trust, not speed, now wins the race

UAE digital economy: Why trust, not speed, now wins the race

As the UAE races toward its digital economy targets, industry leaders say the real competitive edge lies in trusted data and interoperable systems, not just fast transactions

Abu Dhabi leads GCC markets in July as earnings bolster sentiment

Abu Dhabi leads GCC markets in July as earnings bolster sentiment

Abu Dhabi emerged as the GCC’s best-performing stock market in July, while Dubai eased from recent highs as investors assessed valuations, earnings and sector-specific opportunities

UAE FMCG spending rises 3.4% as local brands dominate consumer choices

UAE FMCG spending rises 3.4% as local brands dominate consumer choices

UAE households made 968 million FMCG brand choices in the past year, with local and regional brands accounting for 67% of consumer reach as penetration emerged as the key growth driver

CBI H1 pre-tax profit jumps 68% to Dh156 million on loan growth

CBI H1 pre-tax profit jumps 68% to Dh156 million on loan growth

Commercial Bank International reported a 68% rise in first-half pre-tax profit to Dh156 million, supported by loan growth, balance sheet expansion and legacy issue resolutions