UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

Red Sea International Film Festival to showcase 14 short films

Jeddah, Saudi Arabia - The Red Sea International Film Festival (RSIFF) unveiled Monday the lineup of international short films participating...

Qatar, UNESCO launch Arabic version of freedom of expression report

While launching the report, Acting Director of the Information Office at the Ministry of Foreign Affairs Ibrahim bin Sultan Al...
  • The launch of the Arabic version of the report is the first fully translated into a language other than English
  • Qatar hopes that the report will be an entry point for discussion for academics, journalists, and the public about misleading information

UAE to fund project against red palm weevil

The red palm weevil is said to be a highly destructive pest that blights palm trees.
  • The tripartite agreement has been signed by the UAE’s Ministry of Climate Change and Environment
  • The other signatories are the Khalifa Center for Genetic Engineering and Biotechnology and the UN Food and Agriculture Organization

Syria to host the Arab Energy Conference in 2024

The meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC), was held on Thursday...
  • The meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC), was held on Thursday via video
  • The ministers agreed that Syria would head the Council of Ministers of OAPEC as of January 2022 until January 2023

Saudi Arabia, Bahrain review ways to boost ties

The two countries are seeking to establish a regional complex for the extraction, use, and storage of carbon.
  • The two sides agreed to enhance cooperation on international climate policies
  • They will also look to focus on emissions rather than sources through the application of the Circular Carbon Economy approach

DP World adds LatAm infra

It will add warehouses in Ecuador and the Dominican Republic.
  • DP World and Emergent LatAm will develop two temperature-controlled logistics facilities in Latin America
  • These developments will provide Emergent LatAm and DP World customers with a supply-chain solution

Gates visits Dubai Expo, urges attainment of Sustainable Development Goals

During the tour, Gates was briefed on the ‘Ideabatic’, a low-cost innovation developed by Kitty Liao of the UK.
  • During the tour, Gates was briefed on the ‘Ideabatic’, a low-cost innovation developed by Kitty Liao of the UK
  • Gates urged the world to speed up the implementation of its commitments to the Sustainable Development Goals 2030

First ever Riyadh Philosophy conference launched

CEO of the Ministry of Culture’s Commission for Literature, Publishing and Translation Dr Mohammed Hasan Alwan opened the conference.
  • CEO of the Ministry of Culture’s Commission for Literature, Publishing and Translation Dr Mohammed Hasan Alwan opened the conference
  • He said that the event is intended to become annual, and marks the “start of Riyadh’s emergence as a major global center of philosophy”.

EGA signs 3 year agreement with China’s Bosai Group

The company has supplied Bosai Minerals Group over one million tonnes of bauxite in 2021 under short-term agreements.
  • The company has supplied Bosai Minerals Group over one million tonnes of bauxite in 2021 under short-term agreements
  • EGA operates a transshipment facility in Guinea, enabling its bauxite to be shipped using giant Capesize vessels

Masdar, Taaleri SolarWind II Fund launch wind farms in Poland

"This event marks a key milestone in Poland’s renewable energy journey and demonstrates Masdar’s commitment to the nation’s climate action...
  • In January, both companies announced they had each acquired a 50% stake in the projects, marking their first investment in the Polish renewable energy market
  • The projects produce enough electricity to supply approximately 90,000 households in Poland, and offset 146,000 tonnes of carbon dioxide each year

UAE University patents virus-killing ‘electrical mask’

The backing material of the device is made of suitable flexible plastics or polymer material, which can conform to the...
  • The university is looking to start marketing the patent as the next step, said Prof Ahmed Ali Murad, Associate Provost for Research.
  • A second application of the device is its functionality for vaccine development.

UAE, South Korea ink MoU to enhance air transport relations

ABU DHABI, UAE - The United Arab Emirates, represented by the General Civil Aviation Authority (GCAA), has signed a Memorandum...

Company News

Latest News

By 2030, TAQA targets a 25% reduction in greenhouse gas emissions

The strategy includes the national low-carbon power and water champion’s interim greenhouse gas (GHG) emissions reduction goals.

Mubadala buys stake in EQT Infrastructure’s GlobalConnect

GlobalConnect is a fiber-based data center services provider.

Abu Dhabi’s Environment Agency holds training for industries

The Environment Agency - Abu Dhabi (EAD) organized two training workshops on the Green Industries environmental labeling program.

Most Read

Dubai records real estate deals worth $571 million on Thursday

Dubai, UAE---Dubai real estate market recorded realty transactions worth AED2.1 billion ($571 million) on Thursday, Dubai Land Department said. The...
  • The transactions included 401 sales deals worth AED1.69 billion, in addition to 77 mortgage deals of AED324.64 million.
  • The sales included 373 villas and apartments worth AED687.26 million, and 28 land plots worth AED1 billion.

Lulu Group to list on Abu Dhabi Exchange in 2023

V Nandakumar stressed that the group’s listing is a major opportunity to contribute to the sustainable growth of the Emirati...
  • V Nandakumar stressed that the group’s listing is a major opportunity to contribute to the sustainable growth of the Emirati economy
  • A number of other firms are considering their IPOs on ADX and the Dubai Financial Market to build up resilience against international uncertainties

Camel Club, Riyadh Chamber to promote camel culture as Saudi heritage

Riyadh, Saudi Arabia---The Saudi Arabia's Camel Club and Riyadh Chamber of Commerce have signed an MoU to develop and create...
  • The two entities signed an MoU that also aims at creating investment opportunities in the camel sector.
  • Providing support and assistance to the club when holding international conferences are other aims of the MoU.