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 Department of Land and Survey (DLS) revealed that the revenue in the first two months of 2022 stood at...

    The Department of Land and Survey (DLS) revealed that the revenue in the first two months of 2022 stood at JD32.4 million up 15% from the figure reported in 2021

    Overall real estate sales in the Kingdom in the period decreased by 10 percent, as apartment sales declined by 5 percent

  • Aluminium reached $4,026.50, the first time the lightweight metal had breached $4,000 per tonne.

    Aluminium reached $4,026.50, the first time the lightweight metal had breached $4,000 per tonne

    Commodities have been red hot since Russia's assault on its neighbour, with gold on Monday back above $2,000 an ounce

  • AGL Australia's largest energy company said its board had over the weekend rejected a joint bid of $8.25 (US$6) per...

    AGL Australia's largest energy company said its board had over the weekend rejected a joint bid of $8.25 (US$6) per share from Cannon-Brookes, founder of the tech firm Atlassian

    The firm said in a statement to the Australian stock exchange that the buyout proposal was still "well below the fair value of the company."

  • Government support, coupled with strong social systems, must ensure that no one goes hungry, says Nobel Laureate Dr Dan Shechtman

    Enhancing collaboration between research institutes and agritech companies in Israel and the UAE will be pivotal to secure region's food future, say Israeli experts

    Arab region needs to develop the knowledge to grow crops in arid conditions, says Dan Shechtman of Israel Institute of Technology

  • Saudi Arabia has teamed up with China to manufacture unmanned aerial vehicle payload systems in the kingdom.

    The agreement was signed between Saudi Advanced Communications and Electronics Systems Co., ACES and China Electronics Technology Group

    This came after the Riyadh-based telecommunication firm established a new company for unmanned aircraft in the Kingdom, under the name of Aerial Solutions

  • Yanbu Cement Co., one of Saudi Arabia's largest cement producers, has posted a forty three percent dip in net profit...

    The Jeddah-based company, apart from seeing a drop in the net profit, saw its annual revenue fall slightly from SR940 million to SR934 million year-on-year

    The company attributed the dip in earnings to lower selling prices that weighed on the company's revenue.

  • Saudi Arabia has hiked oil prices for all regions after the crude oil prices soared to more than $115 a...

    Saudi Arabia's state oil producer Aramco raised the official selling price

    Aramco hiked all prices for the American customers by $1

  • Every Sunday Noori Sani welcomes his old friends around a bountiful Turkish breakfast in Istanbul. But surrounding him now are...

    Within a few days of Russia's invasion of Ukraine on February 24, Ukrainians and Russians cancelled reservations for trips of Turkey

    Visitors from Ukraine and Russia made up over a quarter of all tourists who arrived in Turkey last year, tourism ministry reported

  • Saudi Arabia and Egypt have signed an agreement to strengthen cooperation between the two countries in the fields of telecommunications,...

    The memorandum serves to work on cooperation and exchange of experiences in the field of smart cities also

    It also includes agreements to coordinate joint events, and to design training programs and workshops

  • The Qatar-Nigeria Economic Forum kicked off in Lagos, the economic capital of the Federal Republic of Nigeria.

    The Forum aims to enhance economic cooperation and review business opportunities between the two countries

    A special focus will be placed on cooperation in the fields of manufacturing, construction, oil and gas and technology