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.

  • Profits in the first quarter of 2022 reached $106.78 million.

    QEWC is one of the largest energy production and desalination companies in MENA

    It is the main provider of electricity and desalinated water in Qatar

  • Its net profit increased 26.26% from the same period last year.

    The cost to income of NBQ stood at 27.11 percent during three months

    It reflected the bank's operational efficiencies and disciplined cost management

  • Rodi Kratsa-Tsagaropoulou, Mayor of Greece's Ionian Islands, explains how an enhanced cultural and tourism ties with UAE will be mutually...

    The Ionian Islands and the United Arab Emirates are developing cultural and tourism ties

    The two have established direct flights from Abu Dhabi and Dubai on Etihad and Fly Dubai

  • The licensed plant will manufacture a variety of injectable human healthcare formulations such as vials, ampoules and prefilled syringes.

    National Health Regulatory Authority (NHRA) announced that it had licensed the medical firm.

    The injectable drugs will be subjected to final inspection to be granted a Good Manufacturing Practices.

  • The membership of the Ajman Chamber of Commerce and Industry (ACCI) grew by 35 percent in 2021, according to Muhammad...

    The number of new members reached 7,704 during 2021, compared to 5,723 members during 2020.

    New commercial licenses for the previous year was 4,238 membership, 2534 professional membership and 131 industrial memberships.

  • Egypt will import wheat from India to compensate for the loss of wheat supplies from Ukraine and Russia, the north...

    El-Said Marzouq El-Qosair, Egypt’s minister of agriculture and land reclamation, said this comes within the framework of the state’s efforts to secure new sources of wheat

    Egypt is the largest importer of wheat in the world and depends on Russia and Ukraine, which have been in conflict for nearly two months

  • A person can rent out his vehicle on the ekar platform.

    Ekar’s entire process of renting vehicles is contactless, as the rented cars will be activated through an app, which unlocks the vehicle, while the keys are inside the car

    This feature aims to reduce the chances of theft and unauthorized access

  • Dubai Logistics City Customs Centre completed 48,000 transactions and cleared goods valued at AED 1.6 billion in the first quarter...

    The Centre facilitates processes and operations of companies and traders.

    In particular, the Centre handles the shipments of the International Humanitarian City, the largest humanitarian logistics centre in the world.

  • Grocery apps are witnessing a busy period during the Holy Month as scorching summer persuades customers to remain indoors while...

    More than two years of the Covid-19 pandemic have led to a rise in the adoption of personal electronic devices

    This itself has led to a change in people’s behavior, especially when it comes to entertainment and ecommerce

  • NEPCO Director Amjad Rawashdeh has called the linkages a model for Arab countries.

    Work is underway to double the electric power exported to the Palestinian Jerusalem Electricity Grid through the Al Ram Electrical Station

    The move is expected to raise the volume from the current 40 MW to 80 MW, according to an agreement signed by the two sides