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BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

‘UAE leads humanitarian efforts in Gaza, seeks truce’

“Following the outbreak of the crisis between Palestinians and Israelis, the UAE initiated extensive diplomatic efforts at all levels to...

Madbouly invites Qatari businesses to invest in Egypt

Egypt is focused on rebuilding the state and infrastructure. The country has dropped unemployment levels from 18 percent to 7.2...
  • Qatar businesses are invited to invest in the Egyptian economy and benefit from the opportunities, says the Egypt’s Prime Minister Dr Mostafa Kamal Madbouly
  • Egypt's infrastructure projects have contributed to creating economic dynamism and provided the appropriate framework to stimulate the private sector, he adds

Qatar’s Social Insurance Law serve retirees, widows

The Social Insurance Law approved a number of amendments in the shares of those who are entitled, which resulted in...
  • Qatar has witnessed an increase in the retirement pensions and widow's shares to 100 percent, says the country’s Director of the Retirement Department at GRSIA
  • The Social Insurance Law approved a number of amendments in the shares of those who are entitled, which resulted in an increase in the shares due, for the widows

Regulate digital platforms to curb disinformation

“If the regulatory initiatives are developed in isolation, with each country working in their own corner, they are doomed to...
  • There is an urgent need for common global guidelines to improve the reliability of information while protecting human rights, say experts
  • UNESCO urges the world to join its efforts to transform the internet into a tool which is truly at the service of the public

Masdar unveils 200MW Solar Park in Jordan

Amman, Jordan - The Baynouna Solar Energy Company (BSCE), a joint venture between the UAE’s world-leading renewable energy company, Masdar,...
  • The Baynouna Solar Park produces over 560 gigawatt-hours (GWh) of energy annually – enough to power 160,000 homes
  • The plant also displaces 360,000 tons of carbon dioxide per year, equivalent to taking nearly 80,000 cars off the road.

Barakah’s Unit 3 enhances UAE’s bid to cut emissions

"We utilise all forms of clean energy to cut carbon emissions and mitigate the worst impacts of climate change. The...
  • The start of commercial operations for Unit 3 of the Barakah Nuclear Energy Plant marks another accomplishment in generating abundant clean electricity to the national grid
  • The plant will also prevent millions of tons of carbon emissions annually, said Mariam bint Mohammed Almheiri, the UAE’s Minister of Climate Change and Environment

Qatar’s 2022 budget records surplus of US$24.45bn

At the time of the approval, the budget was estimated to hit a deficit of QAR 8.3 billion. "The deficit...
  • Qatar's budget surplus for Q4 of 2022 (October to December) was QAR11.6 billion, compared to a deficit of QAR3.3 billion in the same quarter of 2021
  • Total revenues for the quarter came in at QAR 65.1 billion, compared to QAR51.5 billion in the same period of last year

UAE-Azerbaijan trade advances significantly: Envoy

The bilateral ties between the two countries were further strengthened after the inauguration of the UAE Embassy in the Azeri...
  • The UAE and Azerbaijan have deep-rooted ties and are keen to expand their bilateral trade, says envoy Mohammed Murad Al Balushi
  • The bilateral ties between the two countries were further strengthened after the inauguration of the UAE Embassy in Baku in 2011, he adds

More firms set for listing on Qatar Stock Exchange

"The new listings will take place between March and April. Another group of companies will be listed in the venture...
  • New companies are about to be listed on Qatar Stock Exchange, including MEEZA and another start-up operating in the oil and gas services sector, says top official
  • The new listings will take place between March and April, adds Acting CEO of the QSE Abdulaziz Nasser Al Emadi on the sidelines of the listing of Dukhan Bank

Qatar, UAE lead Gulf region in governance, growth

TRENDS tries to look at where Arab countries stand in terms of politics, governance and economies, in the latest the...
  • TRENDS tries to look at where Arab countries stand in terms of politics, governance and economies, in the latest the Bertelsmann Stiftung’s Transformation Index
  • In past 10 years, the quality of democracy has declined in nearly one in five democracies, including in regionally important and once-stable democracies, the index points out

Embrace indigenous languages, urges UN expert

“Language rights are also important human rights matters for both minorities and indigenous peoples. Special Rapporteurs have already been critical...
  • States must be more inclusive in the treatment and use of minority and indigenous languages, says the United Nations Special Rapporteur on Minority Issues, Fernand de Varennes
  • Languages are essential tools to communicate and share knowledge, memory, and history, but they are also key to full and equal participation, he adds

Non-oil trade between UAE and US hits $31.4 billion in 2023

Abu Dhabi, UAE -- Non-oil trade between the UAE and the United States reached $31.4 billion in 2023 and is...

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Saudi-African Summit calls for peace in Middle East

The Summit held in Riyadh emphasizes resolving the Palestinian-Israeli conflict, urging international pressure on Israel for peace and addressing Gaza's...

Sharjah looks to boost economic, investment ties with Uganda and Kenya

Sharjah, UAE-- In a groundbreaking move to strengthen ties with burgeoning markets in Africa, the Sharjah Exports Development Centre (SEDC)...

Crisis escalates in Gaza as medical supplies dwindle

The humanitarian situation in Gaza reaches a critical point as medical supplies run low and the Al-Awda Hospital faces closure...

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Intrinsic values, futuristic strategies elevate Dubai

Dubai's evolution from a simple fishing village to a premier global tourist hub is credited to its innate advantages, deliberate...

Many Western Socialists back Israel in Gaza conflict

This TRENDS report delves into the nuanced positions of Western political figures, unveiling a multifaceted blend of support, criticism, and...
  • This TRENDS report delves into the nuanced positions of Western political figures, unveiling a multifaceted blend of support, criticism, and calls for humanitarian intervention
  • Pro-Palestinian rallies suggest Western sentiment shift, while history shows American socialists' deep-rooted Israel support. However, there is a change in Western socialist stance

Al Seer Marine receives new very large gas carrier, fleet size rises to 20

ABU DHABI, UAE - Al Seer Marine, a subsidiary of Abu Dhabi-based International Holding Company, has announced the takeover of...
  • This marks the second VLGC delivery under the US$134 million deal signed by ABGC DMCC, a JV between Al Seer Marine and BGN International.
  • The VLGC North Gas, with a cargo capacity of 84,326 cubic meters, was built by Hyundai Heavy Industries and was handed over to ABGC DMCC in South Korea.