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Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

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
  • Demand for lithium boosts Tianqi’s net profit

    In a boost to China's Tianqi Lithium Corp, one of the world's top lithium producers, it posted its first net...

    China's Tianqi Lithium Corp posted its first net profit in two years on Sunday

    net income was 85.8 million yuan ($13.3 million) for the first half of 2021

  • Al Seer Marine of IHC lists on ADX

    The subsidiary of the International Holding Company has been listed under the ticker ASM.

    Al Seer Marine, which builds and operates vessels and manages yachts, has total assets of 3.98 billion dirhams ($1 billion)

    Al Seer Marine is the sixth IHC Group company to list on the ADX, following the successful listings of Palm Sports, Easylease, Zee Stores, Emirates Stallion Group

  • Saudi Arabia and Oman pledge to boost trade ties

    Saudi Arabia and Oman have pledged to boost trade and economic ties between the two countries, months after the two...

    Saudi Arabia's Investment Minister Khalid al-Falih was visiting Oman on Sunday to discuss opportunities in both Gulf countries

    Saudi Arabia is in the midst of an ambitious economic development plan to wean the economy off oil, while Oman last year introduced measures to boost its finances

  • EMotorad starts global journey with e-bike launch in UAE

    The brand sees UAE as a major platform to showcase its futuristic products globally

    The brand sees UAE as a major platform to showcase its futuristic products globally

    EZYTRONIX and EM have joined hands to launch the flagship brand and establish EM products

  • Fintech creams off most in $2.1bn funding

    The fintech sector has attracted nearly 30 percent of all the funding raised during the year, with one in four...

    Fintech stood out above other sectors on funding volume and value

    RedSeer said financial free zones such as the Abu Dhabi Global Market and the Dubai International Financial Center have contributed to this growth

  • Emirates to provide extra baggage for Lebanon-bound customers

    Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well...

    Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well as online travel agents

    The baggage allowance applies to both inbound and outbound travel from Beirut

  • All fully vaccinated tourists can travel to UAE

    Tourists will have to do a mandatory RTPCR test on arrival, according to the National Emergency Crisis and Disasters Management...

    Tourists from the countries from which entry was previously banned also eligible for visas.

    Facilities available to vaccinated UAE residents can be availed by tourists also.

  • AmCham Bahrain elects new board

    Qays Zu’bi has been re-elected the president for two-year term.

    The new board is AmCham’s most diverse and representative since its formation in 2005.

    40 percent of the Board’s seats are held by women.

  • TROX re-joins Eurovent Middle East

    The company has been active in Middle East for the past 50 years.

    The company said rejoining the association meant it was renewing commitment to joint industry initiatives.

    Calls the industry to reinforce its focus on technical regulations and standards.

  • Covid-19 fails to impact realty in UAE, Saudi Arabia

    While the UAE has seen a record amount of real estate sales in the first six months of 2021, Saudi...

    Demand for villas increased in the UAE because of the pandemic outbreak and also due to low-interest rates.

    The real estate sector contributed 14.2 percent of the Saudi GDP ranking third as the most contributing economic activity.

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