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.
  • The two countries are said to have discussed ways to ‘overcome’ the effects of US sanctions against both nations.

    Javad Owji's visit to Venezuela came just weeks after a visit by US officials in the midst of rising global oil prices

    In March, a US delegation held a meeting with Maduro, whose very legitimacy as president Washington disputes

  • This year's Jeddah Season is expected to feature international events and artistic and theatrical performances, Arab and international art concerts,...

    Jeddah Season 2022 is expected to make Jeddah a permanent destination for tourism, entertainment, and events in the region

    The 60-day event will reportedly see 2,800 activities in nine main zones in the presence of Jeddah residents and visitors

  • Six rockets landed Sunday in northern Iraq's autonomous Kurdistan region, Kurdish counter-terrorism forces said, with "minor damage" reported at a key...

    Kurdish counter-terrorism forces said in a statement that six rockets fell near the Zab river in the Khabat district

    The attack which caused no casualties or damage was not immediately claimed by any organization

  • What are the top constituents of stock exchanges spread across the GCC countries? Here’s our infographic.

    Some constituents — publicly traded companies — of the MSCI World Index would be heavier than others

    And countries within the Gulf Cooperation Council have some of the biggest public companies in the world

  • Finnish-led consortium Fennovoima said on Monday it has terminated a contract with Russian group Rosatom to build Finland's third nuclear...

    The proposed 1,200-megawatt Russian-designed reactor was to be built in Pyhajoki, about 100 kilometres (60 miles) from the port of Oulu in northern Finland

    Two days before Russia's invasion of Ukraine, the Finnish government had said it was re-evaluating the security risks for the 7.5-billion-euro deal

  • Kuwait’s Ministry of Public Works has announced it will be re-building five commercial centers across the country. Local media reports,...

    Hawally Center, Khaitan Center, Mansouriya Center, Al-Dhahr Center and Al Ayoun Center are spread across different governorates.

    Each building consists of a basement, a ground floor, first and second floors, and the roof.

  • Asian and European markets fell in holiday-thinned trade Monday following another tech-led rout on Wall Street, with focus on the...

    Trading floors around the world have been buffeted for months by a perfect storm of crises including China's lockdowns, surging inflation, Fed plans to hike rates

    However, with some commentators warning rates could go as high as three percent, there are also worries the Fed could be too heavy-handed and tip the US economy into recession

  • From overseas to the domestic circuit, the tourism industry in the Gulf Cooperation Council is witnessing a welcome resurgence, especially...

    Gulf citizens are looking to spend Eid al-Fitr abroad after being compelled to stay home for the past two years

    This year’s Eid al-Fitr holiday witnessed high occupancy in the UAE hotel sector, driven by strong domestic tourism demand

  • Qantas announced on Monday it will launch the world's longest non-stop commercial flight, with passengers set to spend 19 hours...

    Non-stop flights will start from Sydney by the end of 2025, it said, with long-haul trips later planned to include Melbourne

    Qantas has announced ordering 12 Airbus A350-1000 aircraft to operate the "Project Sunrise" flights to cities including London and New York

  • The Emirates Development Bank (EDB) has restated its commitment to financial inclusion in the UAE with a range of financial...

    EDB has reaffirmed that it is able to empower SMEs through direct or indirect financing, including a credit guarantee program

    It has launched new services that support financial inclusion, including its digital solution for SMEs and start-ups, which resulted in more than 1,000 new accounts being created