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.
  • Abu Dhabi, UAE--Kazakhstan is keen to expand trade ties with the UAE, setting a target of $1 billion in mutual...

    He noted how new trade roads from the Caspian Sea to Abu Dhabi and Dubai ports in the UAE can connect the region

    The minister said that Kazakhstan is committed to using its agricultural potential to address global food shortages

  • Geneva, Switzerland - At least 30% of the housing sector in the Gaza Strip has been either destroyed or rendered...

    "Hospitals are on the brink and overcrowded with patients, many awaiting treatment," the OCHA said

    Hundreds of people including children have been trapped beneath the rubble amid airstrikes in Gaza

  • "Hosting global events serve as crucial platforms, uniting experts and specialists from diverse sectors. They offer opportunities for communication, opinion...

    UAE emerges as global economic nexus, hosting premier events and conferences

    UAE's GDP in 2022 shows significant growth, with FDI reaching a record high

  • The UN has described the situation inside Gaza as "beyond catastrophic" as Israel pounds the enclave from the air in...

    Israel has refused to open its borders with Gaza but US President Joe Biden brokered a deal to allow aid in via the Rafah crossing with Egypt

    The deal came with strict conditions from Israel, aid must only go to civilians and not fall into the hands of Hamas fighters

  • Moody's announced that it was putting a number of the Israeli government's credit ratings on review for a downgrade, including...

    Moody's statement comes after Fitch Ratings announced on Tuesday that it was placing Israel's A+ foreign-and local-currency issuer default ratings on "Ratings Watch Negative"

    Fitch cited "the heightened risk of a widening of Israel's current conflict to include large scale military confrontations with multiple actors, over a sustained period of time"

  • As Riyadh vies to host 2030 World Expo, the city offers a perfect blend of historical charm and modernity, spotlighting...

    The capital of Saudi Arabia is currently undergoing a transformative journey in tourism, seamlessly blending its historical allure with modern sophistication

    As Riyadh vies to host 2030 World Expo, it's set to showcase its rich history, architectural marvels, diverse culinary offerings, and advanced mobility solutions

  • In its bid to boost tourism, the Saudi capital blends historical charm with modernity, spotlighting its rich heritage, architecture, cuisine,...

    The capital of Saudi Arabia is currently undergoing a transformative journey in tourism, seamlessly blending its historical allure with modern sophistication

    As Riyadh vies to host 2030 World Expo, it's set to showcase its rich history, architectural marvels, diverse culinary offerings, and advanced mobility solutions

  • Qatar plans a 60% boost in liquefied gas production by 2027 through North Field expansion, tapping the world's most substantial...

    Qatar plans a 60% boost in liquefied gas production by 2027 through North Field expansion, tapping the world's most substantial gas reservoir with 50.97trn cubic meters

    The project will raise global LNG by 48 million tons annually, supporting a GDP per capita over $84,000 from $132bn gas exports while producing 40% of new LNG by 2029

  • RIYADH, SAUDI ARABIA - The Public Investment Fund (PIF) on Thursday successfully priced its first dollar-denominated Shariah-compliant trust certificates (sukuk)....

    The issuance will be listed on the London Stock Exchange’s International Securities Market (ISM).

    The sukuk issuance was more than seven times oversubscribed, with orders exceeding $25 billion,

  • RIYADH, SAUDI ARABIA – The Saudi Standards, Metrology and Quality Organization (SASO) and Enterprise Singapore signed an MoU here, focusing...

    The pact encompasses cooperation and the exchange of best practices and experiences in metrology, calibration and safety of consumer products.

    The MoU includes provisions for training, capacity building and collaboration in the development of infrastructure for standards and quality.