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.
  • Emirates Telecommunications Group Company PJSC (Etisalat Group)  has completed the acquisition of elGrocer DMCC, the company said it a statement.

    Founded in 2015, elGrocer is a leading online marketplace for groceries operating in all seven Emirates of the UAE

    The acquisition of elGrocer will complement Etisalat UAE’s existing marketplace services under the ‘Smiles’ brand

  • Season 8 of the ABB FIA Formula E World Championship is set to launch in Saudi Arabia, and some of...

    Run under lights at the UNESCO World Heritage Site outside Riyadh, the races will be held in the Kingdom for the fourth time

    The eight season of the ABB FIA Formula E World Championship begins with a double-header in Diriyah, with a new qualifying format, along with the ever-popular Fan Boost

  • The Central Bank of Tunisia (BCT) has authorized companies operating in the digital sector to bid for public tenders in...

    Bidding allowed for tenders for imported hardware and software in 2022.

    The authorization from the Central Bank of Tunisia came after a 'positive opinion' from the Ministry of Finance.

  • A US judge on Thursday canceled the sale of oil and gas exploration leases of some 80 million acres in...

    US Federal District Court Judge Rudolph Contreras declared existing contracts invalid

    He said the Department of the Interior did not adequately consider the leases' impact on climate change

  • The design of the bloack diamond Enigma is based on the Middle Eastern emblem of the palm — also known...

    The diamond will see a "without price limit" auction, meaning whoever offers the highest proposed price will win it

    Enigma can be dated between 2.6 billion and 3.8 billion years, and its components include nitrogen and hydrogen

  • From 1st February 2022, all trade partners on Amadeus will be able to access Emirates’ content free of surcharge.

    From 1st February 2022, all trade partners on Amadeus will be able to access Emirates’ content free of surcharge

    The new agreement will also see Emirates’ new distribution capability content integrated into the Amadeus Travel Platform

  • They said the only work being auctioned was by Picasso’s great grandson Florian and his collaborators.

    The assertion followed an interview with Picasso’s granddaughter Marina and her son Florian

    They apparently planned to auction 1,000 digital copies of a ceramic bowl Picasso painted in the 1950s

  • Apple iPhone

    The expectations-beating results offered signals that the coronavirus-era tech boom may not be quite over yet.

    The expectations-beating results offered signals that the coronavirus-era tech boom may not be quite over yet

    Smartphone sales topped $71 billion, buoyed by strong demand for the iPhone 13 line, especially in China

  • The world's leading luxury group more than recovered from the coronavirus pandemic as it earns a record €64.2 billion ($71.5bn)...

    One reason for the luxury group's out-performance was improved profitability

    Its operating margin rose to 26.7 percent, up from 21.4 percent in 2019

  • Notable achievements of the kingdom include establishment of Global Center for Tourism Sustainability and its selection to host World Travel...

    Local overnight trips surpassed 60 million in 2021, adding an estimated spending worth $21.3 billion to the country's economy

    Promotion of tourism spots locally and globally, after being hampered by the pandemic, may help Saudi Arabia woo 50 million tourists this year