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.
  • Doha, Qatar--Qatar and Czech Republic are looking to ramp up trade and investment cooperation between the two countries. In this...

    The two sides looked at ways to bolster cooperation between Qatari companies and their counterparts from Czech Republic

    The trade volume between the two countries reached $183m in 2022, reflecting a 10% increase compared to the previous year

  • It commissioned 1,414 substations of 11kv in Dubai.

    The CEO of DEWA said the construction of the substations and related tasks resulted in a total of 996,648 man-hours

    He said DEWA is planning to boost the transmission and distribution networks based on electricity demand forecast until 2030

  • In the GCC's evolving cybersecurity realm, AI integration is crucial, driving economic growth and transforming defense strategies against complex cyber...

    In the GCC's evolving cybersecurity realm, AI integration is crucial, driving economic growth and transforming defense strategies against complex cyber threats.

    The region's AI strategy in cybersecurity strikes a balance between innovative growth and managing ethical dilemmas, ensuring powerful yet responsible use.

  • JERUSALEM -  Three fighters who crossed into Israel from Lebanon and two Israelis were killed in clashes and a strike...

    The Israel-Lebanon border has seen near-daily exchanges of fire between Iran-backed Hizbollah group and Israeli forces.

    Hizbollah leader Hassan Nasrallah, in a televised speech said the Israelis had "failed" to achieve any of its goals in Gaza.

  • The deal signifies PureHealth’s operational capabilities.

    The completion of this transaction further strengthens PureHealth’s commitment to becoming a leading global player in healthcare.

    The company’s expansion into the UK healthcare market reflects its focus on advancing the science of longevity and unlocking time for humanity.

  • DUBAI, UAE - Worldwide PC shipments totaled 63.3 million units in the fourth quarter of 2023, a 0.3 percent increase...

    PC shipments reached 241.8 million units in 2023, a 14.8 percent fall from 2022.

    This is the first time that shipment volume has dipped below 250 million since 2006.

  • Riyadh, Saudi Arabia -- The number of individual investors on the Saudi Exchange (Tadawul) reached 6.05 million by the end...

    Argaam reported that the number of male investors reached 4.48 million in Q3 2023, while the number of female investors grew to 1.58 million.

    The number of portfolios, which is almost twice the number of investors, indicates that some investors have more than one investment portfolio.

  • RIYADH, SAUDI ARABIA – The third edition of the Future Minerals Forum (FMF), organized by the Kingdom’s Ministry of Industry...

    The Ministry of Industry and Mineral Resources and the Japan Organization for Metals and Energy Security signed an agreement.

    The first day of the forum also saw the announcement of unexplored mineral estimates, rising from $1.3 trillion to $2.5 trillion.

  • Riyadh, Saudi Arabia -- Renowned fashion designer Elie Saab will unveil the Riyadh Season Fall Collection 2025 after signing an...

    Elie Saab and General Entertainment Authority CEO Faisal Bafarat signed an MoU in London.

    The Authority said the MoU will create a one-of-a-kind experience that intertwines fashion and entertainment during the upcoming Riyadh Season.

  • Dubai, UAE -- The real estate and properties transactions valued at 10.1 billion ($2.74 billion) in total during the week...

    A total of 209 plots were sold for AED 2.19 billion, 2,100 apartments and villas were sold for AED 4.84 billion.

    The sum of the amount of mortgaged properties for the week was 2.28 billion, with the highest being a land in Al Raffa, mortgaged for AED 269.5 million.