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BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.
  • Shifting dietary trends boost MEA’s protein market

    Rise of flexitarian and vegan diets in the region is driving demand for alternative proteins, with the market expected to...

    Rise of flexitarian and vegan diets in the region is driving demand for alternative proteins, with the market expected to cross $2.71 billion by 2029, says a report.

    Disruptive tech leads alternative protein firms' growth, positioning the UAE as a future hub for sustainable food production, adds Data Bridge Market Research.

  • China Eastern Airlines to operate three weekly fights between Shanghai and Riyadh

    Riyadh, Saudi Arabia - The Saudi Air Connectivity Program (ACP) and China Eastern Airlines have entered into a strategic partnership...

    The new route is set to operate with an A330-200 aircraft, offering an annual capacity of 35,880 inbound seats

    Both parties anticipate increased trade, people-to-people exchanges, and dialogues across various sectors through this 'Air Silk Road' initiative

  • Cryptocurrency Ether witnesses meteoric rise since launch

    NEW YORK, US – Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet...

    Launched in 2015, Ether is by far the second-largest digital currency in terms of total value, now estimated at over $460 billion.

    Bitcoin's rise has been well-documented, but Ether's has been even more impressive, surging almost 72 percent year to date.

  • Non-Jordanian investors own 47% of ASE market value as of February 2024

    AMMAN, JORDAN – Data released by the Amman Stock Exchange reveals that non-Jordanian investors bought shares worth US$12.5 million (JD8.9...

    From the beginning of 2024 till end of February, non-Jordanian investments in the stock exchange totaled $21.8 million in purchases.

    The contribution of Arab investors in the non-Jordanian group accounted for US$11.7 million or 93.6 percent in February.

  • Doctors play key role in enhancing healthcare system

    “Emirati doctors play a key role in enhancing the healthcare system and promoting health and wellness throughout society. We look...

    UAE Minister of Health highlights the contributions of Emirati doctors on Emirati Doctor's Day.

    Abdul Rahman bin Mohammad bin Nasser Al Owais praises doctors for their dedication and excellence.

  • Aramco profit down in 2023

    The oil giant posted a 24.7% fall in net profit to US$121.25bn.

    Aramco said the decline reflects the impact of lower crude oil prices and lower volumes sold

    Saudi Arabia said last week it was extending its oil supply cuts of one million bpd through June

  • Lufthansa cabin crews to go on strike

    The announcement came after the airline's record profits.

    The strike will cover flights out of Frankfurt on Tuesday and from Munich on Wednesday, with Lufthansa's subsidiary CityLine also affected

    The latest walkout began last Thursday, with Lufthansa ground staff staging a nationwide two-day strike after a previous walkout in February

  • Ooredoo partners with Dropbox

    It will enable customers to access Dropbox's tools.

    The partnership will enable business customers across Ooredoo’s markets to access Dropbox’s fast, secure, and reliable syncing and collaboration software

    Ooredoo CEO said the partnership with Dropbox underlines the company's commitment to deliver comprehensive digital solutions for their business customers

  • GCC records surge in women’s workforce participation

    Driven by resilience, legislation, and determination, the female populace is reshaping the socio-economic fabric of the Gulf countries, a TRENDS...

    Driven by resilience, legislation, and determination, the female populace is reshaping the socio-economic fabric of the Gulf countries, a TRENDS report suggests.

    This journey from traditional roles to transformative leadership signifies a key moment in GCC's history, setting a global benchmark for gender parity and inclusivity.

  • Amman Chamber of Industry exports for January-February 2024 reaches $1.3bn

    AMMAN, JORDAN - Amman Chamber of Industry (ACI) exports amounted to US$1.3 billion (JD926 million) during the last two months...

    During the first two months of 2024, India, the US, Saudi Arabia and Iraq accounted for the majority of ACI’s exports.

    The chamber's exports to the US surged during the first two months of 2024 to about US$297 million compared to US$275 million.