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ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

Saudi Arabia inaugurates its second “House of Culture”

As part of the “Quality of Life” program, these houses aim to upgrade cultural infrastructure and boost Saudi engagement in...

ESG, Q Holding form joint venture

JV to develop accommodation project in Abu Dhabi island.
  • This project aims to address the diverse housing needs of employees in sectors such as healthcare, transportation.
  • Upon completion, the project will cater to approximately 5,000 staff, offering a convenient environment.

UAE Ministry of Energy joins National ICV Program

DUBAI, UAE - The Ministry of Energy and Infrastructure (MoEI) has joined UAE's National In-Country Value (ICV) program following a...
  • The MoU supports national strategic objectives to boost the growth of the industrial and advanced technology sectors.
  • It aligns with the National ICV program's aims to enhance economic growth by redirecting government expenditure into the national economy.

Qatar provides maritime radio station licensing for small ships in Al Khor, Al Ruwais cities   

DOHA, QATAR -  The Communications Regulatory Authority (CRA) has announced the provision of maritime radio station licensing services for small...
  • Qatar's Communications Regulatory Authority aims to process the requests of a large segment of the residents of the northern cities of the country.
  • These services will facilitate the completion of their applications related to maritime radio station licensing for small ships.

ECI, KazakhExport ink MoU

Aim is to enhance trade between the UAE and Kazakhstan.
  • The MoU is in line with the We the UAE 2031 vision aimed at strengthening bilateral economic relations between the two countries.
  • The aim is to enhance economic ties in renewable energy, waste management, between the UAE and Kazakhstan.

Initiative by Digital Economy Chamber to help firms set up in Dubai

DUBAI,  UAE -  Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has announced a...
  • The initiative will provide a comprehensive package of services designed to support tech, digital startups, SMEs, and MNCs.
  • The chamber’s strategy (2022– 2024) is focused on improving the digital business environment, developing support for digital firms.

Sharjah’s Sabaa Sanabel wheat gets Made in the UAE mark

SHARJAH, UAE -  Sabaa Sanabel wheat flour, made from the wheat produced here, has become the first national product to...
  • Sabaa Sanabel wheat flour has met the highest quality and safety standards in force in the UAE, boosting its competitiveness in the market.
  • Sabaa Sanabel has obtained five accredited certificates in quality and safety as it does not contain anything that changes its nutritional value.

SEWA, US delegation explore collaboration in innovation, sustainability

Sharjah, UAE - Abdullah Abdul Rahman Al Shamsi, Director-General of SEWA Sunday discussed the authority's initiatives to reduce emissions and...
  • The two discussed the authority's initiatives to reduce carbon emissions and combat climate change and its vision for the upcoming COP28 conference.
  • They also explored potential collaborations between the authority and American companies in innovation and sustainable development.

UAE, Turkish presidents discuss bilateral, economic relations in Istanbul

ISTANBUL, TURKEY - UAE President Sheikh Mohamed bin Zayed Al Nahyan  arrived here on Saturday for a working visit and...
  • The UAE and Turkish presidents discussed their shared interest in advancing sustainable economic growth and social development.
  • Both the leaders applauded the recent progress witnessed in UAE- Turkey relations and discussed the benefits of CEPA.

SPC Free Zone to provide licenses within 45 minutes

SHARJAH, UAE - Sharjah Publishing City Free Zone (SPC Free Zone) has announced an expedited business setup process, allowing businesses...
  • SPC Free Zone has also unveiled a limited-time package aimed at reducing business licensing and set-up costs.
  • It empowers smaller businesses and aspiring entrepreneurs to establish or expand their operations in the emirate.

UAE convenes Security Council meet, urges UN, League of Arab States to cooperate

NEW YORK,  US - Minister of State Khalifa Shaheen Al Marar chaired the first signature event of the UAE’s United...
  • UAE called on UN and League of Arab States to work jointly on combating terrorism, preventing conflicts by championing the values of tolerance.
  • The UAE would support the work of the Security Council in reaching decisions that contribute to resolving Arab and international issues.

Saudi Arabia inaugurates its second “House of Culture”

As part of the “Quality of Life” program, these houses aim to upgrade cultural infrastructure and boost Saudi engagement in...

Latest News

Qatar real estate trading volume reaches US$91m between January 7-11

DOHA, QATAR - The volume of real estate trading in sales contracts at the Department of Real Estate Registration at...

Emirates to recruit 5,000 crew members in 2024

DUBAI, UAE – Emirates will hire 5,000 people as it awaits the arrival of its fleet of Airbus A350s.The airline is...

CBI 2023 net profit at $46.5m

The 2023 annual net profit rose 14 percent from 2022.

Most Read

Mammoet, Aertssen sign agreement

The two firms will provide heavy-lifting solutions in Qatar.
  • Mammoet said in a statement that the collaboration will "capitalize on the individual strengths and capabilities of both companies".
  • The solutions range from small mobile cranes for quick operations to complex engineered heavy lifting and transport projects.

PureHealth buys Circle Health

The deal signifies PureHealth’s operational capabilities.
  • The completion of this transaction further strengthens PureHealth’s commitment to becoming a leading global player in healthcare.
  • The company’s expansion into the UK healthcare market reflects its focus on advancing the science of longevity and unlocking time for humanity.

Several MoUs signed at Future Minerals Forum in Saudi Arabia

RIYADH, SAUDI ARABIA – The third edition of the Future Minerals Forum (FMF), organized by the Kingdom’s Ministry of Industry...
  • The Ministry of Industry and Mineral Resources and the Japan Organization for Metals and Energy Security signed an agreement.
  • The first day of the forum also saw the announcement of unexplored mineral estimates, rising from $1.3 trillion to $2.5 trillion.