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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Middle East’s sports path to boosting tourism

  • Doha and Riyadh have been selected to host the upcoming editions of the Asian Games---Doha in 2030 and Riyadh in 2034.
  • The mountain resort of Trojene, which is being developed in Saudi Arabia's futuristic Neom city, will host the 2029 Asian Winter Games.

Dubai, UAE—The Qatar football World Cup us set to cement the position of Middle East, especially the Arabian Gulf region, as a global sporting hub. The GCC region has especially been focusing on sports, hosting some of biggest events in gold, motorsports, horse racing and cricket. Doha and Riyadh have been selected to host the upcoming editions of the Asian Games—Doha in 2030 and Riyadh in 2034. Doha had hosted the games in 2006. The mountain resort of Trojene, which is being developed in Saudi Arabia’s futuristic Neom city, will host the 2029 Asian Winter Games. Investment in sports is also driven toward boosting the tourism in the region as it diversifies economy away from oil, explains TRENDS.