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Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

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.
  • Microsoft gambles big on Hollywood-esque ‘Starfield’ video game

    The ever-evolving game is the tech giant's bid to lock players into its Xbox subscription service after some eye-poppingly enormous...

    Reviews praise its epic scale, multitude of interactive stories, engrossing first-person combat and the way it conjured ersatz interactive versions of movie franchises "Star Trek".

    Microsoft is currently trying to get a $75-billion purchase of another studio, Activision Blizzard, past regulators wary of rapid concentration in the sector.

  • Gaming industry posts exponential growth in Saudi Arabia: PayerMax COO

    Riyadh, Saudi Arabia-- The gaming industry has witnessed exponential growth in Saudi Arabia with an average revenue per paying user...

    By the end of the decade, Saudi Arabia's Vision 2030 aspires to make the kingdom a global hub for gaming and esports

    According to Essay Zhu, Partner & COO of PayerMax, the industry is rapidly evolving in the region, driven by technological advancements

  • Meeza, QNBFS sign agreement

    The liquidity agreement is for Meeza's listed shares on QSE.

    The liquidity provision service is expected to start on September 7, 2023, according to a statement published on the QSE

    Meeza, a Qatar-based venture, is helping speed up Qatar's growth through the provision of top-notch IT services and solutions

  • Qantas CEO steps down early as airline falls out of favour

    Irish-born Joyce has been in charge for close to 15 years, often delivering bumper profits for shareholders and safeguarding the...

    102-year-old airline has long been seen as a national champion, epitomising globetrotting Aussies' sense of adventure and embodying the "Spirit of Australia"

    Qantas posted an annual profit of US$1.1 billion last month, capping a major financial rebound from the Covid-19 years, when Australia virtually shuttered its borders

  • Real estate exchange transforms Saudi market

    The stock exchange offers indices, real estate services, and wealth management. It ensures supply-demand balance, and swift transactions, while delivering...

    MENA's first real estate stock exchange, launched recently in Saudi Arabia, plans to digitize 180 million documents while offering comprehensive financing services

    New Saudi platform saw US$270 million transactions in first two days with 140,000 beneficiaries as real estate prices increased 0.8% in the second quarter of 2023

  • Turkish Airlines orders 10 A350 Airbus

    The airline disclosed no financial details in a statement.

    Turkish Airlines now has 14 A350-900s and 20 Boeing 787-9 Dreamliners, which is the European jet's main competitor in the long-range.

    An A350-900 was worth 317.4 million euros ($343 million) in 2018, when the aircraft manufacturer's price catalogue was last released.

  • Israel and Bahrain agree to increase trade volume, boost tourism

    "The foreign minister and I agreed that we should work together to increase the number of direct flights, the tourism,...

    Israeli Foreign Minister Cohen arrived in Bahrain on Sunday, accompanied by a business delegation of more than 30 companies.

    Earlier on Monday, he met Crown Prince Salman bin Hamad Al-Khalifa and discussed "the importance of advancing a free trade agreement".

  • Mubadala, Petrobras sign MoU

    The two parties will explore potential investment in a biofuel project.

    The biofuel project currently being developed by Mubadala Capital in the State of Bahia, Brazil.

    The MoU builds on biorefinery project to produce renewable diesel and sustainable aviation fuel derived from Macauba, a native Brazilian crop.

  • Qatar tourist arrivals surge on post-world cup momentum

    Doha, Qatar -- More than 2.56 million people visited Qatar from January to August 25, which is more than the...

    This number surpasses the full-year arrivals in 2022 and marks a 157 percent increase over the same period last year.

    Immediately after the FIFA World Cup Qatar 2022, Qatar Tourism launched its 'Feel More in Qatar' global campaign.

  • Emirates NBD invests in Komgo

    The equity investment was made by Emirates NBD's Innovation Fund.

    Emirates NBD's corporate venture capital arm will enable the Group to invest in tech start-ups and companies supporting its digital strategy.

    Komgo has diverse customer base that includes more than 200 multinational corporations and global trade banks.