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TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.

TAQA H1 net income $1bn

The group's revenue reached $7.73 billion.

ADNOC L&S H1 net profit $420m

The company’s revenue reached $2.43bn

SEC H1 net profit $1.67bn

Revenue grew by 24% to $7.38 billion.
  • Saudi non-oil exports increase by 17.8 percent in second quarter

    Riyadh, Saudi Arabia -- Saudi Arabia’s non-oil exports rose by 17.8 percent in the second quarter of 2025, according to...

    The increase included a 46.2 percent rise in re-exports, while national non-oil exports excluding re-exports grew by 5.6 percent.

    In Q2 2025, a 15.8 percent decline in oil exports dragged total merchandise exports down by 7.3 percent year-on-year.

  • Creators HQ attracts 2,415 active members from 147 countries

    Dubai, UAE -- Dubai’s Creator HQ, the first headquarters for content creators in the UAE and the Middle East, has...

    The initiative aims to position the UAE as a global hub for the content economy, with a target of 10,000 creators in its next phase.

    The headquarters also reports that 78 global content companies from 24 countries have relocated to the UAE.

  • Buraidah date carnival boosts Saudi tourism and economy

    Buraidah, Saudi Arabia -- The Buraidah Date Carnival witnessed growing economic and tourism activity, making it a key destination for...

    The event combined morning date auctions with a variety of cultural and entertainment activities held in the evening at the King Khalid Cultural Center.

    The carnival offered visitors the chance to explore Buraidah’s historical and cultural landmarks through tourist bus tours.

  • Trump, Intel announce deal giving US a 10% stake in chipmaker

    Chipmaker Intel has agreed to give the US government a 10-percent stake in its business, the company and President Donald...

    The deal came after Trump's administration said Intel should give Washington an equity stake in exchange for large grants committed when Joe Biden was president

    Under the agreement, the US government will receive 433.3 million shares of common stock, representing a 9.9 percent stake in the company, Intel said in a statement

  • ‘Hell is Us’ looks to break mould of big-budget gaming

    Paris, France - Developer Jonathan Jacques-Belletete has taken a gamble on forthcoming game "Hell is Us", hoping to ape the...

    "I'd had it up to here" with work on big-spending productions whose price tag can run into the hundreds of millions, the veteran of firms like Ubisoft and Eidos Montreal told AFP

    he industry has had huge difficulties in recent years" with waves of layoffs at major players like Sony and Microsoft,where smaller outfits "seem to have held up better

  • Boeing in talks to sell up to 500 planes to China: Bloomberg

    New York, United States -- US aviation giant Boeing is in talks to sell up to 500 aircraft to Chinese...

    The deal would be a major win for the struggling US manufacturer, with company shares rising as high as 3.7 percent in pre-market trades.

    Bloomberg's sources said the deal would be contingent on Washington and Beijing coming to a longer-term agreement in their simmering trade war.

  • Google packs new Pixel phones with Artificial Intelligence

    New York, United States -- Google on Wednesday unveiled new Pixel 10 smartphones, showcasing artificial intelligence (AI) capabilities woven into...

    The line-up of new products included a foldable phone, improved Pixel smartwatch, and ear buds all synced to work with AI and each other.

    Samsung has made AI a centerpiece of its Galaxy smartphone line and recently released a new Galaxy Z Fold7.

  • Turkish Airlines says offer to buy stake in Spain’s Air Europa accepted

    Turkish Airlines on Tuesday said Air Europa had accepted its 300-million-euro ($350 million) offer to purchase a minority stake in...

    In a statement to the Istanbul Stock Exchange regulator (KAP), the Turkish flag carrier said "the binding offer submitted has been accepted by Air Europa."

    "The minority shareholding ratio to be acquired will be finalised following technical and financial adjustments to be made at the closing," it said.

  • Google and Australia’s national newswire strike AI deal

    Sydney, Australia - Australia's national newswire has agreed to provide content to Google's Gemini artificial intelligence to improve its responses,...

    The deal would help deliver real-time information to "enhance" responses in the Gemini app, said Nic Hopkins, Google's head of news partnerships for Australia and New Zealand

    Australian Associated Press, which was established 90 years ago, said its journalism would ensure timeliness and accuracy in the information Google's products provide

  • Big-ticket events boost international tourism and economic growth

    Dubai, UAE --  ‘Big-ticket’ events are playing a pivotal role in driving international tourism and accelerating economic growth, according to...

    In the GCC alone, the event and exhibition market is expected to reach US$827 million by 2029.

    Global business travel reached a record US$1.4 trillion in 2024 and is projected to rise to US$2 trillion by 2030.