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.
  • Luxembourg, Luxembourg -- Luxembourg's residents may be classified as the wealthiest in the European Union, but the sky-high cost of buying...

    In the capital city, new-build flats sell for around $1,300 per square foot and older ones go for 10,700 euros. The average cost of a house is 1.5 million.

    Housing crisis has become the number one concern in the Grand Duchy of 660,000 people -- smaller than Rhode Island, the smallest US state -- as it goes to the polls on Sunday.

  • In a sweeping report on the issue, the United Nations agency detailed the heart-wrenching stories of some of the children...

    From 2016 to 2021, floods, storms, droughts and wildfires led to 43.1 million child displacements in 44 countries, the UNICEF report says

    UNICEF called on world leaders to take up the issue of child displacement at the COP28 climate summit in Dubai in November and December

  • Riyadh, Saudi Arabia - The Gulf Cooperation Council (GCC) has approved several more regulations and resolutions as part of its...

    GCC took more steps to complete the GCC Customs Union and the GCC Common Market to achieve economic unity by 2025

    Muscat meeting also took note of the signing of a Free Trade Agreement between GCC countries and the Islamic Republic of Pakistan

  • "From 2021 to 2022, Saudi exports to Portugal jumped by 50 percent, and imports from Portugal rose by nearly 40...

    Saudi Arabia's Minister of Economy and Planning, Faisal F. Alibrahim, emphasizes collaboration between Saudi Arabia and Portugal

    From 2021 to 2022, Saudi exports to Portugal jumped by 50%, and imports from Portugal rose by nearly 40%, resulting in a trade volume of $1bn

  • RIYADH, SAUDI ARABIA – The Saudi Exchange's (Tadawul) sukuk and bonds market witnessed 74 negotiated deals worth nearly SAR 12.77...

    March recorded the highest number and value of deals, as 18 transactions were executed at a value of $853 million

    KSA Sukuk 2021-06-10 topped the list in the first nine months of 2023 with US$821 million.

  • The central character, pickpocket turned master assassin Basim, speaks classical Arabic in "Assassin's Creed Mirage",.

    In the game, the hooded and stealthy hero fights his way through an ancient maze of alleyways, souks and rooftops.

    The entire scene in the game has been rendered in loving detail with what its creators say is the help of historical sources.

  • WASHINGTON, US - The growth of the economies in the Middle East and North Africa (MENA) is expected to fall...

    The region’s gross domestic product is expected to fall to 1.9 percent in 2023 from 6 percent in 2022, due to oil production cuts.

    The decline in growth this year is expected to be more pronounced in the oil exporting countries of the Gulf Cooperation Council.

  • DOHA, QATAR -  Minister of State and Chairman of the Board of Directors of the Free Zones Authority Ahmad bin...

    The Qatari minister and the Advisor to the Iranian President discussed reinforcing cooperation between the two countries.

    The Iranian leader and accompanying delegation toured the Free Zones at Ras Bufontas and Umm Alhoul Free Zone.

  • The Green Climate Fund (GCF) was set up as part of the landmark 2015 Paris Agreement to funnel grants and...

    The Green Climate Fund says Thursday's conference in Germany will allow it to invest more in a decade it sees as critical for climate action

    It has laid out a 50by30 vision to manage $50 billion by 2030, almost triple its current capital of $17bn, to focus efforts on developing countries

  • The Gulf country "remains commitment to international strategies and plans targeting financial crime. In 2023, FATF completed its evaluation of...

    Qatar has achieved top compliance levels in combating financial crimes, as recognized by the Financial Action Task Force

    In 2023, the FATF completed its evaluation of Qatar's anti-money laundering and counter-terrorism financing system