Analysis

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 pioneering solutions for water scarcity

The kingdom is forging partnerships with major corporations to revolutionize water technologies and achieve water self-sufficiency.

Conservative-dominated US Supreme Court steers society sharp right

Washington, United States--One year after its ruling to erase abortion rights, the conservative-dominated US Supreme Court has underscored its determination to...

UAE professionals seek challenging work, advanced tech at workplace: Survey

59 percent claim remote work option is an important aspect in their workplace In the UAE, there is a higher...

Fewer restrictions, fast vaccination give Dubai edge in events sector

The emirate plans to host one of the biggest gas conferences and an African investor summit this year Dubai aims...

Volkswagen to stop sale of combustion engines in EU by 2035

The EU will unveil tougher 2030 CO2 emissions targets and regulatory proposals on July 14 The firm says it will...

Saudi economy to grow much faster: Goldman Sachs

Goldman raises Saudi growth forecast for GDP to 4.5% this year, compared to an earlier 2.5% Kingdom's overall economic activity...

Middle East’s aviation sector may recover to pre-COVID size by 2023

Long-term growth of the Middle East global commercial fleet is forecast to be 4.2% CAGR A survey suggests that MRO...

Yalla Group to buy back shares worth $150-million

The company will use its existing cash balance to buy back shares over the next 12 months It also quashes...

More than AED 4 billion worth of real estate and properties sold in Dubai in week

Around 1,500 real estate transactions made in during one week 120 plots of land, and more than a thousand apartments...

Abu Dhabi makes commercial, industrial activities available for foreign ownership

Abu Dhabi Department of Economic Development believes the decision will attract further foreign investment Department amends law to enable 100...

Saudi Arabia among top 10 in terms of mobile Internet speeds

Recent reallocation of frequency spectrum likely to increase the capacities of radio networks, improve quality of services Country plans to...

How is technology changing the fortunes of Bahrain?

Small island nation Bahrain is spearheading its investment in the technology sector in a bid to position itself as a...

Saudi pioneering solutions for water scarcity

The kingdom is forging partnerships with major corporations to revolutionize water technologies and achieve water self-sufficiency.

Company News

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What are the GCC’s top stock exchange constituents?

What are the top constituents of stock exchanges spread across the GCC countries? Here’s our infographic.

Eid holidays boost Gulf tourism as COVID curbs ease

From overseas to the domestic circuit, the tourism industry in the Gulf Cooperation Council is witnessing a welcome resurgence, especially...

Physical security adds to digital transformation

Cybercrime has risen to the forefront of physical security concerns. And big firms are acutely aware of the problem, says...

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New trends drive Arab automotive growth

From pre-owned cars to electric vehicles, a number of trends are driving the growth of the automobile sector in countries...
  • Saudi imports of cars grew from 544,000 in 2020 to over 546,000 in 2021
  • Around 28% of those polled in the UAE said they prefer to buy a used car online

Protests, pension, pandemic mark Macron presidency

Emmanuel Macron, who had never held elected office before becoming president in 2017, has weathered several crises throughout his presidential...
  • Macron became the youngest president in French history at 39 when he saw off far-right leader Marine Le Pen in 2017
  • He is now looking to become the first French leader since Jacques Chirac in 2002 to win a second term

Should you invest in Metaverse real estate?

The economic opportunities and jobs created by the Metaverse will revolutionize how we work, socialize, play, and earn, says Sebastien...
  • Revenues from the Metaverse are estimated to grow to $800 billion in 2024
  • Metaverse plot prices rose from $100 in January 2021 to $15,000 in December 2021