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.
  • Monaco, Monaco--The Old Doha Port has signed several agreements with professional global companies, specialized in yacht during its participation in...

    The executive director of the Old Doha Port said the objective of the participation in the show was to put the port on the global map

    The port officials showcased a model to streamline visiting yachts through a mechanism of entry and exit from Qatar

  • "The challenges in air mobility are posed by weather conditions. Leveraging data and insights from past experiences, strategies have been...

    Air mobility relies on advanced technologies, grounded in systematic plans that have undergone extensive scientific testing, says Duncan Walker, CEO of Skyports

    A notable project on the horizon is the Aerial Taxi, slated to begin operations in 2026. This innovative venture will cover a maximum distance of 241 km, he adds

  • The kingdom's finance ministry estimated expenditures for 2024 to be at US$333.5 billion. According to the ministry, the projection is...

    The kingdom's finance minister said that the government will continue implementing fiscal and economic structural reforms

    The minister also noted the important role of the PIF and development funds that enhance the growth of non-oil GDP

  • While companies are increasing their investments in social initiatives, many grapple with effective execution and evaluation, highlights a new study...

    While companies are increasing their investments in social initiatives, many grapple with effective execution and evaluation, highlights a new study by Kearney

    With only a third of companies seeking external insights, there's a clear opportunity for enhanced collaboration and knowledge-sharing, the report points out

  • Beijing, China - China on Saturday accused the United States of being an "empire of lies", hitting back after a State...

    The report, released Thursday by the US State Department's Global Engagement Center, accused China of financing propaganda, disinformation.

    "It is the U.S. that invented the weaponizing of the global information space," a Chinese foreign ministry spokesperson said in a statement.

  • PARIS, FRANCE - A new roadmap to reduce the environmental risks from chemicals and waste was adopted at a United Nations...

    The plan sets out 28 concrete targets and guidelines for key sectors across the entire lifecycle of chemicals, from production to waste.

    It calls for a transition to more sustainable chemical alternatives, responsible management of chemicals in industry, agriculture and healthcare.

  • MANILA, PHILIPPINES - The Asian Development Bank (ADB) approved capital management reforms that unlock US$100 billion in new funding capacity...

    The expansion of available funds will be further leveraged by mobilizing private and domestic capital required to tackle the climate crisis.

    The reforms also create a Countercyclical Lending Buffer to support ADB developing member countries facing unexpected crises.

  • WASHINGTON, US - The International Monetary Fund (IMF) Executive Board approved a Resilience and Sustainability Facility (RSF) for Morocco of...

    The arrangement will help Morocco strengthen its preparedness and resilience against natural disasters, including from climate change.

    The 18-months arrangement, "Will help Morocco address climate vulnerabilities, bolster its resilience against climate change,” the IMF said.

  • WASHINGTON, US - The United States is heading toward a government shutdown this weekend with no foreseeable way out of a...

    Sharp disagreements in the Republican Party has prevented passage of the bills needed to keep the government funded and open.

    The credit ratings agency Moody's warned this week that a shutdown would be "credit negative" for US sovereign debt.

  • Riyadh, Saudi Arabia - Saudi Arabia has unveiled plans to expand the number of licensed companies authorized to offer services...

    Under the new regulations, the licenses will be valid for a period of five years, and the estimated fee 100,000 Saudi riyals

    To qualify for these licenses, companies must possess a valid trade register and have a minimum capital of 500,000 Saudi riyals