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Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

UAE-UK partnership may unlock potential of clean hydrogen, boost economy, create 200,000 new jobs

The latest WGEO study is part of "our efforts to support the Dubai Clean Energy Strategy 2050 and the Dubai...

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GCC exchanges recoup their losses

From the UAE to Saudi Arabia, the main indexes made up for their losses as the week came to a...

Why few brands lag behind in sustainability game?

The best brands take a cross-functional approach, embedding sustainability within divisions and business units while linking incentives to sustainability targets....

Inspiring people is ‘a good legacy’: Sheikha Lubna

Sheikha Lubna Bint Khalid Al Qasimi, the first woman to be an Emirati cabinet minister, opens up to TRENDS about...

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GCC keeps pace with global solar, wind trends

Countries like the UAE, Saudi Arabia, and Oman appear on track to take giant strides in diversifying their portfolios when...
  • Across the greater MENA region, Yemen, Jordan, Turkey, and Morocco have generated more than 10 percent of their power from solar and wind
  • However, things appear poised to change very soon, with several projects that may improve the region’s overall renewable outlook

UAE free zones set to gain from corporate tax relief

Around 40 free zones in the UAE are likely to attract more investors and FDI after they were declared exempt...
  • The 9-percent corporate tax will be levied on companies with profits above AED375,000 (approximately $102,090)
  • Announced on January 31 by the UAE’s Ministry of Finance, the tax regime will be implemented from June 1, 2023

Gulf countries warm up to waste-to-fuel plans

Here’s a broader look at how the region has prioritized solid-waste recycling and the production of alternative fuels to deal...
  • Solid waste management is one of the most critical challenges facing all GCC countries
  • Construction waste accounts for 53% of the total solid waste generated in the Gulf countries