ADNIC to pay $62m dividend
Business
Dana Gas proposes dividend
Business
Tabreed to pay record dividend
Business
Saudi Chemical Co announces dividend
The company will distribute $11,385,120 to its shareholders.
Amazon plans more job cuts
Business
Rosneft 2022 profit at $10.5bn
Business
Arabian Drilling posts profit
Business
Presight IPO oversubscribed
Business
Aramco awards East-West Pipeline compounds contract to special-purpose vehicle
Saudi Aramco has signed a deal for the construction of six residential compounds along the 1,200-km East-West pipeline The contract...
GE to develop Iraq’s power infrastructure, promote clean energy
GE will help Iraq develop power infrastructure It will also promote clean energy in the country General Electric (GE) will...
Ooredoo penalized for violating communications authority rules
Financial Sanctions of 3.5m Qatari Riyals imposed on company for refusing access to its facilities, violating CRA rules Ooredoo's violations...
Dubai property market may be on a roll soon
The developer has reported a surge in pre-sales in the UAE to $2.85 billion S&P Global Ratings give Emaar Properties...
IHC to become Abu Dhabi’s most valuable firm after unit lists
The company reported a first-quarter profit of Dh1.5 billion, up from Dh112.2 million a year earlier Its shares rose 15...
Batelco revamps 5G packages for businesses
The enhanced packages, the company said, "deliver speeds 6 times faster than 4G" Batelco is also providing a 5G outdoor...
Korea Pavilion appoints K-pop band Stray Kids as ambassador at Expo 2020 Dubai
Stray Kids is one of the more popular K-pop bands, with 34 million social-network followers globally It recently won the...
DP World opens new container terminal at Berbera Port in Somaliland
This follows completion of the first phase of the port expansion project, which DP World has undertaken with an outlay...
Saudi Aramco hires Deloitte to assess suppliers’ cybersecurity compliance
Cyberattacks have now started targeting energy infrastructure The global loss due to cybercrimes in 2020 was assessed at $1 trillion:...
4 French executives charged with spying on opposition Libya, Egypt figures
The former chief of Amesys, Philippe Vannier, was charged in Paris last week with "complicity in acts of torture" Olivier...
Company News
Tencent 2022 profit falls
Business
ADNIC to pay $62m dividend
Business
Dana Gas proposes dividend
Business
Tabreed to pay record dividend
Business
Latest News
Emirates NBD arranges sukuk
Business
Amazon plans more job cuts
Business
Rosneft 2022 profit at $10.5bn
Business
Arabian Drilling posts profit
Business
Most Read
Business
Burberry sales jump on China boost
Group sales grew 18 percent to $772 million in its Q1.
- The performance was buoyed by a 46-percent surge in Chinese purchases of items including Burberry's handbags and famed trench coats.
- Despite the upbeat trading update, Burberry's share price dipped 0.2 percent to £21 on the rising London stock market.
Business
ExxonMobil to buy Denbury
ExxonMobil will acquire Denbury for $4.9 billion.
- The all-stock acquisition provides ExxonMobil with Denbury's carbon dioxide pipeline network in Texas, Louisiana and Mississippi.
- Oil companies have championed carbon sequestration as a major response to climate change.
Business
IDB inks pact with IRENA
IDB will fund renewable projects by joining ETAF platform.
- The IDB plans to co-finance renewable energy projects and energy transition technologies worth US$100 million in Latin America and the Caribbean.
- By leveraging its global reach and energy transition knowledge, IRENA is actively developing a pipeline of energy transition projects .