Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

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

Turkey sets sights on Africa

Turkey is working to raise its profile across Africa, seeking to expand its trade, diplomatic ties and, significantly, its security...

How execution challenge is haunting GCC corporate?

Executing project is never as simple as formulating it. New projects have emerged in the GCC, creating high hopes for...

Will Qatar lose World Cup 2022 bid?

Shrouded under various controversies, already isolated Gulf nation Qatar has once again engulfed in a fresh wave of storm. It...

Will 2018 see economic growth rebounding in Middle East?

Steadfast on the path of economic diversification and structural reforms, countries in the Middle East and North Africa (MENA) seem...

How EB-5 Investor Program reform will boost GCC investment in US

The US Congress is likely to pass a long-term reauthorization of Employment-Based (EB-5) Investor Immigration Program in March before the...

What it takes to accelerate region’s movement toward sustainability

Clean energy and sustainability have gone beyond just being buzzwords for the Gulf Cooperation Council (GCC) nations. The governments in...

Increasing tourist footfall pushing GCC economy

Even as there’s pressure on the Gulf Cooperation Council (GCC) countries to curtail spending and prioritize projects, the tourism sector...

Mastercard to further disrupt financial transactions in MENA region

TRENDS speaks with Jorn Lambert, Group Executive, Digital Channels in Emerging Payments, Mastercard, about how Mastercard is offering richer experiences to its...

Timeline; recent plane crashes involving Iran

Tehran-based Aseman Airlines flight, from Tehran to Yasuj, crashed on Sunday morning killing all 66 passengers on board. Following is...

Careem to heat up food delivery business in Middle East

In a move aimed at further strengthening its market position by adding more verticals to its current portfolio, Careem on...

UAE launches National Genome Strategy for healthcare efficiency

Genome programs will also help create new economic opportunities in the UAE by attracting partnerships in fields such as artificial...

Company News

Latest News

Emaar Properties buys Dubai Creek Harbour for $2 billion

Emaar Properties announced Thursday it would fully acquire Dubai Creek Harbour, the major development located along the historic Dubai Creek...

US continues mediation in Lebanon-Israel maritime border dispute

“Progress towards a resolution can only be reached through negotiation by the two governments,” State Department spokesperson Vedant Patel said.

US National Security Advisor makes phone call to Kuwaiti PM

During the conversation, the two sides discussed the partnership between the US and Kuwait, regional security.

Most Read

Al Dahra, CLAAS sign deal

The two firms will cooperate in agriculture sector.
  • Al Dahra Holding Company and the German company "CLAAS" signed an MoU for the cooperation.
  • The MoU oversees the purchase of new machines, and maintain appropriate level of after-sales service.

Ma’aden H1 net profit at $1.6bn

H1 2022 net profit increased by 232 percent
  • H1 2022 EBITDA increased by 128 percent, compared with the same period in the prior year, to $ 3billion.
  • Q2 2022 EBITDA increased to $1.8 billion reflecting robust sales performance.

ADNOC hires 13 jack up barges to boost offshore efficiency

Abu Dhabi National Oil Company (ADNOC) signed a $1.17 billion (AED4.3bn) for hiring 13 self propelled jack-up barges to drive...
  • The jack up barges will enhance the capacity of its crude oil production to five million barrels per day (mmbpd) by 2030.
  • Deployed across ADNOC's offshore fields, it will support extensive operations, including project work and maintenance.