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ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.
  • Future100 secures 25 new partnerships to support emerging firms

    Dubai, UAE -- Future100, a collaborative initiative between the Ministry of Economy and the Government Development and the Future Office,...

    The partnerships are aimed at supporting the top 100 emerging companies that play a vital role in bolstering the competitiveness of the UAE’s future economy sectors.

    The inaugural list of Future100 will be unveiled on World Futures Day, which coincides with December 2nd, the UAE's National Day.

  • China-Arab States Expo kicks off, highlighting deep trade ties

    Yinchuan, China--The sixth China-Arab States Expo commenced today in Yinchuan, northwest China's Ningxia Hui Autonomous Region, marking yet another chapter...

    WIth more than 1,000 entities participating in the expo, it showcases innovations from 18 trailblazing companies across various sectors

    The main highlight of the event in northwest China is the clean energy section, themed “Deepen Energy Cooperation, Create a Green Future”

  • UAE and Indonesia pledge to enhance economic cooperation

    Jakarta, Indonesia-- The UAE and Indonesia have discussed mechanisms to expand regional cooperation and opportunities for trade and investment cooperation...

    Speaking at the UAE-Indonesia Business Forum, Al Mazrouei reaffirmed the UAE's commitment to developing relations between the two countries

    The forum reviewed a number of economic and investment issues of common interest in the fields of energy, mining, tourism, real estate, and aviation

  • Several UAE entities sign pact to implement ‘Sharjah Sat-2’

    Sharjah, UAE -- A cooperation agreement was signed between the Sharjah Academy of Astronomy, Space Sciences & Technology (SAASST), the...

    Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of the University of Sharjah (UOS), witnessed the signing.

    The outcome of this project will help diverse parties in making decisions, developing future plans, and conducting scientific research.

  • Qatar records real estate sales contracts worth $60 million

    Doha, Qatar -- The volume of real estate trading in sales contracts at the Department of Real Estate Registration at...

    Total sales contracts for residential units in the Real Estate Bulletin for the period from 10 Sept. to 14 Sept. 2023, is QR 88.73 million.

    The volume of real estate trading in sales contracts between Sept. 3 and Sept. 7 reached more than QR 308 million.

  • Qatar Central Bank issues treasury bills worth $137 million for a week

    Doha, Qatar -- Qatar Central Bank (QCB) issued treasury bills worth QR 500 million ($137 million) for a one-week term,...

    Earlier this month, QCB issued treasury bills for one week that amounted to QR 1 billion.

    Treasury bills are a short-term debt instrument issued by the government for the purpose of borrowing and providing cash liquidity in short terms.

  • UAE, Armenia ink 4 MoUs at joint business forum

    YEREVAN, ARMENIA  - Chairman of the Federation of UAE Chambers of Commerce and Industry (FCCI) Abdullah Mohamed Al Mazrouei and...

    A UAE delegation of around 100 representatives of government and private entities took part in the forum.

    In the first seven months of 2023, trade between UAE and Armenia was valued at US$870 million.

  • EDGE partners with Bulgarian firms

    It expects to fulfill growth plan through the partnerships.

    EDGE and TBS will seek collaboration through international trade expansion, knowledge transfer, research and development

    Its agreement with Samel-90 entails both to jointly identify business opportunities within multiple electronic development domains

  • Saudi Arabia seeks Chinese investment in mining, industry

    Beijing, China - Saudi Arabia is seeking Chinese investment in mining and industrial sectors. The Saudi Minister of Industry and...

    The Saudi side highlighted the goals of the National Strategy for Industry and the opportunities provided in various industrial sectors

    The meeting examined the measures, initiatives and incentives provided by the ministry to remove obstacles for investors

  • Saudi Arabia’s economy joins trillion-dollar club

    The Kingdom now ranks 17th in global economic rankings and 17th out of 64 countries for global economic competitiveness.

    The milestone was achieved ahead of the state's 2025 targets, accompanied by a remarkable growth rate of 8.7%, the highest among G20 nations

    Saudi Arabia now ranks 17th in global economic rankings and 17th out of 64 countries for global economic competitiveness