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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

West Bank crisis escalates while focus stays on Gaza

With the world's eyes on the Gaza Strip, the escalating violence in the West Bank represents an underreported yet critical...

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Israel eyes warmer KSA ties as crown prince turns PM

As long as the Palestinian saga is open, Saudi Arabia will not have full normalization of ties with Israel. However,...

No rift with Arab govts over Abu Akleh’s death: Israel

Arab govts in touch with Israel have no differences with it regarding the May 4 incident, Eliav Benjamin, Israeli foreign...

Palestine wants Russia-Ukraine war to stop: Minister

Hard-pressed to prop up the economy and stem steep price hikes if the Ukraine war continues, Khaled Osaily, Economy Minister...

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Israeli tech firms line up for UAE manpower

Dozens of Israeli high tech companies are keen to open units in Dubai or Abu Dhabi after Rapyd's decision to...
  • About a dozen portfolio firms of Israeli venture capital fund OurCrowd actively seek to open units in Dubai or Abu Dhabi, says its CEO Jon Medved
  • Israeli fintech firm Rapyd is the first to decide that it will open an office in the UAE following the normalization of ties between the two countries

UAE-Israel free trade deal likely by March: Envoy

The two countries are on track to finish negotiations on a Free Trade Agreement by March or April, Israel's first...
  • The success of relations with the UAE is pivotal to attract other countries to normalize ties with Israel, says Amir Hayek, Israel's first ambassador to the UAE
  • Trade between the two countries increased nearly tenfold during the first 11 months of 2021

Israel eyes influx of tourists from UAE, Bahrain

Israel is anticipating a significant influx of Emirati and Bahraini tourists as the global tourism industry starts recovering from the...
  • Israel expects 100,000 tourists a year from the UAE and Bahrain, with each tourist spending $1,500 per vacation
  • The Jewish state is expected to make $150 million annually in revenues from the Gulf tourists