INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Chinese tourism bookings to Saudi surge 277% after mega promotional campaign

Shanghai, China -- In a bid to attract Chinese tourists, the Saudi Tourism Authority recently concluded its first, and the...

56% Saudi consumers willing to pay premium for green transportation

Riyadh, Saudi Arabia -- An overwhelming 80 percent of consumers across 16 diverse nations now identify climate change as the...

Palestinian Authority silencing dissent: Activist

Rights activist Nizar Banat's death sparked days of protests in the West Bank In 2018, HRW charged that the PA...

Lebanon raises fuel prices to shore up forex reserves

Price 20 litres of 95-octane petrol shot up from $10.6 to $40.6 Lebanese officials blame smuggling to Syria, stockpiling for...

Lapid opens Israeli embassy in UAE, first in Gulf

Lapid's trip comes after the nations moved to normalise ties Israel, UAE have signed a raft of deals ranging from...

China’s 70-year effort makes it malaria-free

China becomes the 40th territory certified malaria-free by WHO For four consecutive years, no case was reported GENEVA: China was...

Amazon targets net-zero carbon in new Mena projects

Amazon's Climate Pledge aims to achieve net-zero across its businesses by 2040 The projects are expected to come up Saudi...

Raayi: Online customer reviews can make or break a business

 Make customer ratings part of company's revenue-generation strategy  A negative review could cost a firm as many as 30 customers...

US Secretary of State says Guantanamo prison should close

US Secretary of State says he doesn’t know when it can happen Former president Obama had failed in his bid...

Turkey launches $15b project to ease Bosphorus Strait traffic

The project expected to be on the outskirts Istanbul's European side 43,000 ships pass through the strait every year Turkish...

Mosul bombing victims battle ‘opaque compensation system’

The coalition admits more than 1,000 civilians killed in seven years  HRW: The compensation system is opaque even for those...

Masks up again in Israel as Delta variant drives up cases

Mask requirement reimposed for all indoor settings except the home Israel has already started its vaccine drive for children aged...

Chinese tourism bookings to Saudi surge 277% after mega promotional campaign

Shanghai, China -- In a bid to attract Chinese tourists, the Saudi Tourism Authority recently concluded its first, and the...

Company News

Latest News

Borouge to pay $650m H1 dividend

The interim dividend is equivalent to 7.9 fils per share.

EGA H1 net profit $533 million

The firm expects growth in primary production and recycling business.

EU diplomat’s threat to Russia medical supplies smacks of neo-Nazism: Official

Moscow, Russia -- Moscow considers threats by European Union High Representative for Foreign Affairs and Security Policy Josep Borrell to...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Saudi Arabia’s imports from GCC countries fall by 19% in June

Riyadh, Saudi Arabia -- Saudi Arabia’s imports from Gulf Cooperation Council (GCC) countries fell 19 percent year-on-year (YoY) to SAR...
  • UAE accounted for 65.6 percent, or SAR 3.61 billion, of the total Saudi imports, down 13 percent YoY, Argaam reported.
  • The Kingdom's imports from Qatar only registered a growth (of 49 percent) to SAR 48 million, from 32 million a year ago.

Hotel revenues in Oman grow 27.8% to $318 million in July

Muscat, Oman -- The revenues of 3-5-star hotels in Oman reached RO 122.5 million ($318 million) at the end of...
  • The total number of hotel guests grew by 25.8 percent to 1.09 million by the end of July 2023.
  • Hotel occupancy posted a growth of 10.3 percent. The number of Omani guests reached 411,551.

Qatar’s trade balance surplus increases by 12.8 percent in July

Doha, Qatar -- Qatar's foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus...
  • Imports of goods in July 2023 amounted to around QR 9.4 billion, showing a decrease of 1.6 percent compared to July 2022.
  • China was the leading country of origin of Qatar's imports with about QR 1.6 billion, a share of 16.7 percent of the imports.