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.
  • Ajman Free Zone (AFZ) announced today that it has become an AWS Activate Provider. Startups affiliated with the AFZ, which...

    The AWS Startup Activate program offers grants up to $25,000 to qualified startups, as well as offers of exclusive credits, discounts, and software service access.

    Qualified startups can obtain credits and partner funding, along with a business support plan credits of up to $5,000, through the AWS Startup Migrate program.

  • Tesla chief offered $54.20 a share, which values the social media firm at $43.4 billion, in a filing dated April...

    Musk's latest move towards Twitter comes just days after he turned down a seat on the board following his acquisition of a 9.2 percent stake in the microblogging platform.

    Musk, Twitter's biggest shareholder, said his "offer is my best and final offer" and he would reconsider his position as a shareholder if it was rejected.

  • Sandooq Al Watan, the community initiative launched by Emirati businessmen to support the creation of a better future for forthcoming...

    Sandooq Al Watan, the community initiative launched by Emirati businessmen to support the creation of a better future for forthcoming generations.

    Lune Platform features an intuitive and easy-to-use control dashboard, designed to give users a comprehensive view of their customers’ financial accounts.

  • The study calls for the stability of the business environment by reforming relevant laws.

    The study calls for the stability of the business environment by reforming relevant laws

    The regulatory quality index outperforms all other factors in attracting investment

  • France says Amazon’s seller contracts have ‘unbalanced’ clauses.

    French authorities on Wednesday slapped a €90,000-per-day ($98,000) fine on Amazon

    It would continue until Amazon removes abusive clauses in its contracts with businesses

  • Company workers had gathered Sunday to urge the state to save the factory, local media said.

    The "largest producer of off-road tires in Iran" has been closed due to "financial problems and difficulties in the supply of raw materials"

    An American-Iranian company, Kian Tire was established in 1958 was popular for making "military vehicles and large trucks" in Iran

  • It has said a shot for multiple variants is coming by 2022-end.

    Chairman Albert Bourla said Pfizer was also working on a vaccine that could provide good protection for a whole year

    This means people would come back annually for boosters, as with influenza shots currently given out in the US

  • Sheikha Lubna Bint Khalid Al Qasimi, the first woman to be an Emirati cabinet minister, opens up to TRENDS about...

    In the UAE, every generation witnesses significant changes, but one constant is the government’s support towards and confidence in youth, said the Sheikha

    Empowering women and giving them the right opportunities is not new; it had already started since the foundation of the UAE, she added

  • Despite the uncertainty, many PE firms are adapting and keen to point to their funders’ patience and understanding in what...

    The global private equity market is now worth over $4 trillion, says a latest report

    Private equity needs to negotiate the current COVID-19-induced economic crisis.

  • Saudi Arabia and Kuwait will develop a disputed gas field despite Iranian objections, while urging Tehran to engage in negotiations,...

    The two countries also issued a new invitation for Iran to negotiate over the boundary of the gas field

    Tehran had earlier said that the deal contravened "previously held negotiations", adding that it "reserves its right to exploit" the field