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.
  • The technology might, for example, allow someone to don virtual reality glasses that make it feel as if they're face-to-face...

    The technology might, for example, allow someone to don virtual reality glasses that make it feel as if they're face-to-face with a friend

    Metaverse enthusiasts point out that the internet is already starting to blur the lines between virtual experiences and "real" ones

  • Businessmen and stakeholders from Oman and Lebanon have discussed investment and trade exchange.

    The discussions took place during the Omani-Lebanese Business Forum organized by the Oman Chamber of Commerce and Industry

    The forum was organized on the sidelines of an official visit by a Lebanese business delegation to Oman

  • Saudi Arabia has scored 70.68 on the Maritime Connectivity Index.

    The global index measures the level of interdependence of the world's ports with shipping line networks quarterly

    It aims to help countries identify challenges and find opportunities to develop and improve their performance in the field of logistics services

  • Hundreds of supporters sported traditional Saudi headdress and flew flags of the Gulf kingdom ahead of the Magpies' first match...

    Newcastle fans celebrated the departure of unpopular former owner Mike Ashley

    The fans are already dreaming big as they aim to follow in the footsteps of Manchester City

  • The new airline, Fly Aqaba, was set up with $20 million in private sector investment, said Nayef Bakhit, president of...

    Flights will connect Aqaba to Amman as well as European and other Arab cities "at competitive prices"

    The Covid-19 pandemic has badly dented Jordan's tourism industry, which represented 14 percent of its GDP

  • There will be ample job opportunities in artificial intelligence, robotics, automation, advanced manufacturing, virtual reality, augmented reality and big data...

    There will be ample job opportunities in artificial intelligence, robotics, automation, advanced manufacturing, virtual reality, augmented reality, and big data

    Administrative and secretarial jobs, data entry, accounting, accounting records management and payroll services will become extinct, says a World Economic Forum report

  • Qatar Islamic Bank has said that its net profit for the first nine months of 2021 has jumped 14 percent...

    The Islamic lender made impairment provisions of 1.19 billion riyals for the period ended 30 September 2021

    Total income for the period was 6.12 billion riyals compared with 5.96 billion riyals for the same period in 2020

  • Arabian Centres Company (ACC), the Saudi mall operator, is expecting an improvement in the business in the wake of the...

    “ACC will continue to operate in accordance with the updated government guidelines"

    The company has 21 commercial centers and complexes in its portfolio

  • Dubai’s consumer confidence index rose to its highest level in a decade during the third quarter of 2021, the Dubai...

    The positive sentiment has been fueled by increased economic activity

    Most consumers in Dubai are now feeling positive about current and job prospects

  • Savola Group of Saudi Arabia has bought out the Emirati snack maker Bayara Holding for $260 million.

    The transaction, paid in cash according to a stock exchange filing, was part of a five-year strategy to expand Savola’s regional operations

    Bayara is a major manufacturer and distributor of branded snacks in the UAE and the Kingdom