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.
  • Five countries, including Saudi Arabia, South Korea, Italy, Ukraine and Russia are in the reckoning for the 2030 World Expo.

    Five countries, including Saudi Arabia, South Korea, Italy, Ukraine and Russia are in the reckoning for the 2030 World Expo

    The letter announcing Riyadh’s intention to bid was submitted on October 29, 2021 on behalf of the crown prince Prince Mohammed bin Salman

  • Speaking at the MENA Climate Week Dr. Al Jaber explained that the UAE is adopting a comprehensive, balanced and proactive...

    Speaking at the MENA Climate Week Dr. Al Jaber explained that the UAE is adopting a comprehensive, balanced and proactive approach to climate action

    He urged the international community to do more and fulfil the $100 billion climate pledge made to developing nations over a decade ago

  • Gjenge Makers, churns out 1,500 bricks made from industrial and household plastic that otherwise would be dumped in the city's...

    Gjenge Makers, churns out 1,500 bricks made from industrial and household plastic that otherwise would be dumped in the city's overflowing garbage heaps

    Plastic is fibrous in nature, and the unique production process prevents air pockets from forming within the bricks

  • Frederick Smith is stepping down after some five decades at the post.

    The change in guard will take place on June 1, with Smith becoming executive chairman

    Meanwhile, Chief Operating Officer Raj Subramaniam will ascend to president and CEO

  • The authorities will issue the necessary permits for this purpose, in accordance with hygiene conditions and preventive measures.

    The municipality confirmed has prepared all its relevant departments and teams to follow up on food preparation and serving facilities

    It has also allocated inspection teams to follow up whether the facilities were complying with the health and hygiene regulations

  • Mubadala’s UAE Investment chief Musabbeh Al Kaabi said on Monday that the Gulf region will play an increasingly important role...

    Al Kaabi affirmed that governments must develop initiatives to mitigate supply chain challenges to meet net-zero carbon targets

    He noted that global energy security will extend beyond oil as the UAE and its neighbours’ transition to become leaders in clean energy production

  • The designation will restrict its dealings in the United States.

    The US Federal Communications Commission has added Kaspersky to a threat list

    This effectively blocks the firm from being paid with certain US government subsidies

  • Pablo Martinez, Managing Director and Senior Partner at the Boston Consulting Group, sheds light on what lies ahead for the...

    In 2020, the Saudi ecommerce accounted for only 6% of overall retail sales, while major markets contributed 18%

    Only a small set of online retailers in influential cities of the kingdom offers same-day delivery, a standard in developed markets

  • Oman and Sri Lanka have discussed economic and trade cooperation. In this connection, Saleh Said Masan, Undersecretary for Commerce and...

    The two sides explored aspects of the joint cooperation, economic diversification sectors and the investment and trade environment.

    They discussed aspects of cooperation in the economy and industry sectors, logistics, ports and investment opportunities in both countries.

  • In the UAE, and the wider Arab world, many women have been successful in upturning the prevalent prejudice that a...

    Their participation in the workforce has grown; in many Arab countries, women entrepreneurs are competing with men to distinguish their businesses

    Many young women have important roles in government offices where they are a key part of policymaking