Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.
  • India's Reliance oil-to-telecoms giant is abandoning a $15 billion deal for Saudi Aramco to buy a 20 percent stake in...

    The deal was announced more than two years ago by Reliance and touted as the biggest foreign investment in the company's history

    Aramco is the world's biggest oil-producing company and vies with Apple for the title of the most valuable firm on the planet

  • HAYVN, the Abu Dhabi-based digital currency platform, has closed Series A funding round led by Red Acre Ventures and Hilbert...

    As part of the transaction, Red Acre Ventures has joined the HAYVN Board of Directors

    The UAE is poised to be a global hub for the emerging asset class that is digital currency

  • Qatar's investment in French giants Paris Saint-Germain, and its use of the club as a central tool for the gas-rich...

    "Close to 15 years ago Qatar did not exist in public opinion," says Lavergne. "Paris Saint-Germain is central to this policy. With the club they reach the whole world

    The ties between Qatar and France stretch well beyond the realms of this sporting connection

  • Abu Dhabi Health Services Company (SEHA) and Abu Dhabi Energy Services (ADES) have begun the first phase of their Energy...

    As part of the agreement, which was originally signed in September, ADES will implement key energy-saving technologies in several of SEHA’s facilities to enhance sustainability

    The strategic collaboration will mark SEHA’s commitment towards the adoption of energy-efficient modifications for its facilities

  • The Ministry of Industry and Advanced Technology (MoIAT) and Abu Dhabi’s Department of Economic Development (ADDED) will work on proposing...

    MoU part of a program aimed at redirecting above 42 percent of public-sector and select private-sector expenses towards local suppliers.

    The pact is in line with the objectives of the National Strategy for Industry and Advanced Technology, Operation 300bn.

  • The Saudi Industrial Development Fund (SIDF) has teamed up with Al Rajhi Bank to provide a documentary credit service.

    The documentary credit service enables investors to obtain the necessary liquidity to implement projects and to speed up project implementation procedures

    The fund aims at stimulating the growth of national industries through the partnership with the private sector

  • Dubai index outperformed GCC peers, following the emirate's announcement of plans to open a $545 million market-making fund and IPOs...

    As of Thursday, Abu Dhabi's main index increased by 0.1 percent, aided by a 2.4 percent increase in Alpha Abu Dhabi Holding.

    Saudi index lost for the third consecutive week and Abu Dhabi was largely stable.

  • So far more than two million visitors have marked their presence in the five-month long arts and culture festival.

    From young and old, men and women, all have trooped into the area to partake of music, sports, cars, business, agriculture, and many more events

    Live concerts featured many regional and international singers like Kazem Al Saher, Angham, Elissa and many more that can interest children, families, and youth as well

  • Under the agreement, ENOC will fuel up to 30 helicopters of Air Chateau.

    Air Chateau offers charter and transportation services to tourists, high net worth individuals and air ambulances.

    ENOC Aviation's current supply network spans over 200 airports across 21 countries.

  • Nayifat Finance Company (NFC) will start trading on Tadawul on November 22, according to a Saudi Exchange filing.

    The stock will have +/- 30 percent daily price fluctuation limits and +/- 10 percent static price fluctuation limits

    These fluctuation limits will be applied during the first three days of listing, and from the fourth trading day onwards