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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.

AI-Driven technologies drive operational excellence, helping meet sustainability goals

Industrial AI and digital technologies are revolutionizing energy infrastructure, helping companies across asset-intensive sectors achieve operational excellence

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KSA offers 30-year tax holiday for global corporations as regional HQ program fuels investment boom

The approaching 1 Jan deadline has seen investments on headquarters hit $242m in the first nine months of 2023 alone,...

Investments strengthen Türkiye-GCC economic ties

The strategic partnerships, including substantial financial support from UAE and Qatar, mark a new era in Türkiye-GCC ties, promising to...

KSA offers 30-year tax holiday for global corporations as regional HQ program fuels investment boom

The approaching 1 Jan deadline has seen investments on headquarters hit $242m in the first nine months of 2023 alone,...

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COP28 faces challenge of phasing out fossil fuels amid policy discrepancies

With nations' actions falling far short of the Paris Agreement's most ambitious target of limiting global warming to 1.5 degrees...
  • For Guterres, who has made fighting climate change a major priority as secretary-general, a simple promise to reduce fossil fuels would not be enough
  • A phase-down "can be whatever, you never know exactly what it means -- to phase out means that at a certain moment, it stops," said UN Secretary General

SNB Capital ignites Saudi derivatives revolution

SNB Capital's Single Stock Options debut marks a leap forward, enhancing liquidity and expanding investor choices.
  • Tadawul transforms from a derivatives novice to a major player with diverse instruments, attracting global investors.
  • Launching Single Stock Options amplifies market liquidity, providing new investment avenues, and managing risks effectively.

Strains emerge in 72-year-old Türkiye-Israel trade ties

Amid Ankara's criticism of Israel's actions against Gaza and Israel reassessing diplomatic relations, the future of their oil and steel...
  • Amid Ankara's criticism of Israel's actions against Gaza and Israel reassessing diplomatic relations, the future of their oil and steel economic partnership becomes uncertain.
  • In 2022, Israel exported $2.34 billion worth of goods to Türkiye, while Türkiye's exports to Israel amounted to a substantial $7.03 billion, the latest trade figures point out.