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.
  • Plant-based base oils are made from sustainable feedstock sources, such as palm, soy, coconut, and rapeseed.

    Voyager PX Green is developed specifically for petrol engines and Voyager DX Green for diesel engines

    The technology is said to be the first approach in the region to be made entirely from plant-based oils

  • DH is Dubai’s commodities and mining investment arm.

    DH had seen profits of AED217 million ($59.09 million) for the previous year

    The numbers point to an increase of nearly 1,150 percent in net profit for the company

  • The tools help groups automatically reject posts with false info.

    More than 1.8 billion people per month use Facebook Groups, which allow members to gather around various topics

    Yet, critics have said the groups are ripe targets for misinformation as they sometimes have large audiences of like-minded users

  • Tetra Pak Arabia Managing Director Niels Hougaard explains what lies ahead for F&B companies — bith regionally and globally —...

    Pollution and plastic litter in the ocean are the joint top environmental worry, while global warming is a close second

    GCC countries have launched several initiatives to educate consumers about recycling and sustainable consumption

  • In 2021, the Sharjah Airport served more than 7 million passengers with more than 57,000 aircraft movements and approximately 1.2...

    The volume of cargo in 2021 crossed 140,717 tons, while the volume of sea-air cargo reached 18,696 tons, a 22.27 percent increase from 2019.

    The airport renewed the ACI’s Airport Health Accreditation (AHA) for the second consecutive year.

  • Dubai has promulgated a new law in order to regulate virtual assets that are becoming popular with many investors in...

    “We established an independent authority to oversee the development of the best business environment in the world for virtual assets," Sheikh Mohammed tweeted

    Virtual assets exist digitally and can include cryptocurrencies like Bitcoin and Ethereum

  • Nudged by high oil prices, Saudi stocks inched up as the main index, TASI, gained 0.24 percent to touch 12,882,...

    Oil prices kept rising rapidly, as Brent crude oil peaked at $130.85 per barrel, while US WTI crude reached $125.96 per barrel

    Wataniya Insurance Co. gained 4.40 percent at the opening bell to be the top gainer at the opening bell

  • The companies are Emirates Global Aluminum (EGA), Abu Dhabi National Energy Company (TAQA), Dubai Holding and Emirates Water and Electricity...

    TAQA and Dubai Holding envisage acquiring EGA's electricity generation assets in the UAE, holding a 50 percent share each.

    For TAQA, the acquisition of EGA's power assets would increase the company's UAE-based capacity to more than 23 gigawatts.

  • Deadly strikes on Saudi Arabia and the United Arab Emirates claimed by Yemeni rebels have been the talk of shows...

    Around 600 companies from about 40 countries showed off the latest military technology at the World Defense Show in Riyadh. 

    The General Authority for Military Industries, which oversees the Saudi defense industry, has made 22 deals with national and international enterprises worth some $2bn.

  • Kyrgyzstan and the UAE have discussed enhancing the investment and trade cooperation between the two sides. Mohamed Ali Musabbeh Al...

    Both sides agreed at a meeting to organize a business visit by a delegation from the chamber to Kyrgyzstan.

    The meeting also discussed several projects and investment opportunities that will increase the trade exchange between Kyrgyzstan and Ras Al Khaimah.