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TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.

TAQA H1 net income $1bn

The group's revenue reached $7.73 billion.

ADNOC L&S H1 net profit $420m

The company’s revenue reached $2.43bn

SEC H1 net profit $1.67bn

Revenue grew by 24% to $7.38 billion.
  • Investcorp, Riverside sell Arrowhead Engineered Products

    Investcorp, a Bahrain-based alternative investment management firm, and global private investor Riverside Co. have sold Arrowhead Engineered Products (AEP) to...

    Private equity firm Genstar acquired the replacement parts supplier

    The financial terms of the transaction were not disclosed

  • Windows 11 rollout from October 5

    Microsoft said the first rollout would upgrade Windows 10 PCs.

    The free upgrade for Windows 10 PCs will be phased and measured with a focus on quality

    Computers that come preloaded with Windows 11 will also become available for purchase from October 5

  • Agthia to buy Dubai snack company

    The group has endorsed the full acquisition of BMB Group.

    The deal would represent Agthia’s second investment in the snacking and healthy food market, following its acquisition of date company Al Foah earlier this year

    The value of the all-cash deal was not disclosed

  • Google extends remote work option due to pandemic

    Google campuses will remain voluntary globally through Jan 10. Local offices can decide when to ask employees to return to...

    Workers promised 30 days' notice before they would have to return to their offices.

    An extra day off in October and December granted as "reset days" to "rest and recharge."

  • OptiNAND: WD’s new disk feature

    Data retention, performance enhanced in the new architecture.

    OptiNAND offers customers a solution to meet the demand for storing vast amounts of data.

    A drive works smarter with enhanced firmware algorithms.

  • Lebanon crisis may fuel bread shortage

    The Lebanese flour millers' association has said mills might gradually stop working as fuel supplies run out. This, when the...

    This is the latest casualty of fuel shortages in Lebanon, where hospitals have already warned that they are hanging on by a thread

    The overall shortage of power-generating fuel has resulted in protracted power cuts in the country, forcing medical facilities to run generators, which too need fuel to run

  • Emirates to receive three A380 by November

    The delivery will take the airlines' total fleet of A380s to 188 units.

    Airline to also reinstate A380 flights on key destinations worldwide in October

    The deliveries will bring the carrier’s total fleet of A380s to 188 units in November, when the last double-decker is scheduled to arrive 

  • UAE forms new law to punish erring ministers and officials

    Any minister or senior official found guilty of corruption could be relieved of their job.

    People can submit complaints directly to the public prosecution

    Those accused may see their travel permits revoked, and even assets frozen

  • Price tag on the planet? Helping business value nature

    Putting a monetary value on nature means that damaging resources such as breathable air and drinkable water becomes not just...

    Experts are divided on how to measure "natural capital", and some argue that it should not be done at all.

    As the IUCN World Conservation Congress kicks off in France on Friday, conservation of nature will remain an urgent question.

  • Meat grown in lab to be on menu in MENA

    An American startup Eat Just has tied up with Doha Venture Capital (DVC) and Qatar Free Zones Authority (QFZ) to...

    Facility to produce lab-grown meat without slaughtering livestock

    The large-scale plant, to be built in Qatar’s Umm Alhoul Free Zone, will house Eat Just’s cultured meat division, GOOD Meat

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