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Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.
  • Jordan, Lebanon discuss cooperation

    Jordanian Prime Minister Bishr Khasawneh met his Lebanese counterpart Najib Mikati to discuss cooperation and help Lebanon.

    Jordanian Prime Minister Bishr Khasawneh underlined his country’s support for Lebanon to overcome ongoing challenges

    He also pointed to the relations that bind the two countries and peoples, highlighting Jordan's commitment to enhancing joint cooperation

  • Saudi Arabia to strengthen trade ties with Austria

    The Saudi delegation of the trade system was headed by Minister of Commerce Majid Al-Qasabi.

    During the meeting, the countries discussed opportunities to enhance and develop commercial relations

    They also talked of ways to upgrade the level of trade exchange and cooperation between the two countries

  • Dubai Expo 2020 to attract 25 million business, tourist visits

    The full expo site has opened its doors to exhibitors from almost 200 countries.

    The full expo site has opened its doors to exhibitors from almost 200 countries

    The event was chosen eight years ago to follow the 2015 Expo in Milan, Italy, and cost around $6.8 billion

  • ADNOC Distribution will pay $350 million H1 interim dividend to shareholders

    DUBAI: ADNOC Distribution has announced AED1.285 billion ($350 million) as an interim dividend payment to shareholders for the first six...

    This is the first payment in what is expected to be a full-year 2021 dividend payment of AED 2.57 billion.

    The company has set a minimum of AED2.57 billion dividend for 2022.

  • Oman looks to tap Brunei for cooperation

    Oman’s Foreign Minister Sayyid Badr Hamad Al Busaidi and Brunei Darussalam’s Second Foreign Minister Dato Seri Setia Haji Erywan bin...

    During the meeting, the ministers stressed on their keenness in promoting cooperation in various fields, especially in areas of joint investments

    They also exchanged views on regional and international matters of common interest

  • Facebook grilled over mental health fears

    Facebook study warned of the harm Instagram can do to girls' well-being

    Facebook study warned of the harm Instagram can do to girls' well-being

    A Facebook whistleblower is set to testify before senators on Tuesday

  • Seamless Middle East 2021 held in Dubai

    The event, sponsored by the Arab League and organised by Terrapinn, was held at the Dubai World Trade Centre.

    The event, sponsored by the Arab League and organised by Terrapinn, was held at the Dubai World Trade Centre

    Participants in the event included a number of international institutions and organisations, such as Harvard University, the UN and the World Bank

  • US Pavilion to inspire ‘spirit of freedom’: Commissioner General

    Robert Clark praised the UAE for transforming “the sands of the desert into a thriving World’s Fair site, complete with...

    Robert Clark praised the UAE for transforming “the sands of the desert into a thriving World’s Fair site, complete with spaces for 192 nations to connect

    Clark added that the USA Pavilion will welcome millions in-person and online

  • Kuwait Expo 2020 pavilion will be ‘biggest’ in terms of size and activities, says director

    DUBAI: Kuwait's participation at Expo 2020 Dubai is "biggest" in terms of pavilion size and range of activities, the pavilion's...

    The Kuwaiti pavilion, which has been designed to resemble water tower structures commonly found in the country, is constructed on an area of over 5,500 square meters.

    A total 200 government and private bodies representing diverse sectors are set to contribute to the booth over the coming six months.

  • Digital transformation helps GCC banks prosper

    Digital transformation brought about by COVID-19 has made banks more open to branchless and cashless banking enabling them to perform...

    Tech adoption amidst COVID-19 makes regional banks more open to branchless and cashless banking enabling them to manage better in H1 2021 than they did in 2020

    The margins of the regional banks were under pressure throughout 2020 and early this year, but they managed to stay afloat by reducing costs and improving efficiency