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.
  • Saudi stocks posted gains in the early hours of trading on Sunday due to a dip in the prices of...

    Arabian Mining Co, known as Ma'aden, gained 6.92 percent to top the gainers in early trading after posting a profit of SR5.23 billion ($1.4 billion) in 2021

    Aramco, the largest player in the Saudi oil market, gained 0.97 percent.

  • US Senator Mark Warner wrote to Meta, Reddit, Telegram, TikTok, Twitter and other tech giants to stop Russian disinformation spreading...

    Facebook and YouTube have curbed Russian media's ability to earn money on their platforms following Ukraine's request

    Experts have urged US companies to pick sides in geopolitical conflicts such as the one ongoing in Ukraine

  • AG&P will use an Adnoc L&S vessel as a floating storage.

    The agreement is valid for 11 years, with the option of extension by 4 years

    The two parties have a 2021 agreement to provide another FSU in India

  • The sanctions came as the Russian military stepped up its bloody, multi-pronged assault against Kyiv and other Ukrainian cities.

    The measures were backed by the United States, Canada, the European Commission, Britain, France, Germany and Italy

    In a symbolic gesture likely to resonate in Moscow and the Kremlin, the stunning news was first delivered from Europe

  • Consumers are spending more on beauty products and fragrances despite inflation, says Salem Kaissi, Vice-President of multi-brand luxury beauty concept...

    Brands have had to strategize and react quickly to continue resonating with consumers in the market

    According to Euromonitor International, the sector is estimated to be worth $58.3 billion by 2025

  • Saudi Arabia and the UAE are driving the real estate market in the Middle East region with the backing of...

    Kingdom’s residential real estate prices increased by 1.7 percent on an annual basis in the fourth quarter of 2021

    Apartment values in Riyadh and Jeddah accelerated by 17 percent and 12 percent, respectively, in the last 12 months

  • Having evacuated part of his team from Kyiv, Mike Chobanian, boss of cryptocurrency exchange Kuna, is watching the effects of...

    "Business is running, but we're in survival mode over here," the 37-year-old boss said during a video call from his current refuge after leaving the Ukraine capital

    The Ukrainian government on Friday imposed sanctions against the rouble, forcing Chobanian to halt cryptocurrency swaps with the Russian currency

  • Russia's invasion of Ukraine could mean less bread on the table in Egypt, Lebanon, Yemen and elsewhere in the Arab...

    The region is heavily dependent on wheat supplies from the two countries which are now at war

    Bread is already a luxury for millions in Yemen, where a seven-year war has pushed the country to the brink of famine

  • The acquisition is expected to also add significant strategic value to DP World given Imperial’s footprint and strong market access...

    The acquisition is expected to also add significant strategic value to DP World given Imperial’s footprint and strong market access and logistics solutions capability

    DP World and its subsidiaries employ over 71,000 people across its worldwide operations

  • The six sites are in an area called the New York Bight and total 488,000 acres (197,500 hectares), making it...

    The six sites are in an area called the New York Bight and total 488,000 acres (197,500 hectares), making it the biggest U.S. renewable power auction ever

    Development of all six tracts could generate as much as seven gigawatts of wind energy, enough to power some two million homes, officials said