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 Algerian group announced the deal during a visit to the neighbouring North African country by its chief Toufik Hakkar.

    The Algerian group announced the deal during a visit to the neighbouring North African country by its chief Toufik Hakkar

    The Sonatrach statement said the oil and gas giant planned to “redouble efforts for a swift return” to its activities in Libya

  • Saudi Arabia recorded a growth in air cargo traffic during 2021 compared to 2020, with the total air cargo until...

    The total air cargo until the end of December of 2021 amounting to more than 653,000 tons.

    The model cargo village at King Khalid International Airport in Riyadh is an advanced logistics platform with an estimated capacity of 500,000 tons.

  • The scheme is the first regional plan that seeks to mobilise up to 300 billion euros ($340 billion) for public...

    The scheme is the first regional plan that seeks to mobilise up to 300 billion euros ($340 billion) for public and private infrastructure around the world by 2027

    Seen as a response to China's Belt and Road initiative, the strategy will use funding from EU institutions and member countries to leverage private-sector investment

  • The facility is being built at the Borouge’s polyolefin manufacturing complex in Ruwais in Abu Dhabi.

    The project is expected to play a significant role in meeting the projected growth of the global demand for polyolefins

    It will also apparently provide critical feedstock for the TA’ZIZ Chemicals Industrial Chemicals Zone in Ruwais in Abu Dhabi

  • The Company’s earnings per Share are AED 0.70

    ‘The Company’s diversified investment portfolio delivered excellent results with an increase in the Investment Income of 25.6% compared to 2020’

    In the fourth quarter of 2021, ADNIC extended its partnership with Al Bayt Mitwahid Association to support the association’s wide range of community welfare initiatives

  • TikToks latest service, SoundOn, offers unsigned artists a simpler way to upload songs, get paid and find distribution.

    Sometimes, it's old songs given a new lease of life, like recent crazes for Fleetwood Mac's Dreams or Boney M's Rasputin

    But often it's new or independent artists, who no longer need the backing of record labels to find a massive audience

  • The Global Entrepreneurship Monitor (GEM) has ranked the UAE 1st globally in its Global Entrepreneurship Index 2022, which was unveiled...

    The UAE also emerged as the number one global destination for establishing and starting businesses

    According to the report, the UAE has achieved an improvement on 11 out of the 13 axes covered by the index

  • Experts help TRENDS see the road that lies ahead for electric vehicles in the region, and its one of hope:...

    Globally, 88 percent of EV owners are under the age of 45

    A recent EV study revealed a similar trend in the UAE and Saudi Arabia

  • The company posted a net profit of $58.81 million in 2021.

    The growth in revenues was attributed to strong growth in the Protein and Snacking segments.

    The Consumer-Business contribution to Agthia's top-line almost doubled versus last year, reflecting the positive growth.

  • Turkey wants joint cooperation with Iraq regarding the exchange of products, its Minister of Agriculture and Forestry Bekir Pakdemirli said....

    Tuekey suffers from lack of water, climate change and migration for several reasons, including wars and clashes

    Turkish minister discussed with the Iraqi Minister of Agriculture, cooperation in the agricultural field