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.
  • Sharjah, UAE--The Sharjah Chamber of Commerce and Industry (SCCI) and Costa Rica have discussed ways to advance bilateral economic relations....

    Discussions focused on strengthening commercial and industrial cooperation and investment among the private sector organizations and institutions

    The chamber noted the incentives, privileges, and various forms of support and assistance offered by the emirate to foreign companies

  • issuance is the ninth tranche Sukuk program in US dollars.

    The maturity period is of five years at a profit rate of 8 percent annually.

    The issuance order book reached US$1.64 billion (SAR 6.15 billion).

  • The Comprehensive Economic Partnership Agreement (CEPA), signed in March, has further enhanced bilateral economic collaboration. The CEPA sets the stage...

    The UAE and Turkey have signed numerous strategic agreements and MoUs to boost bilateral cooperation across various sectors

    In 2022, non-oil trade between the UAE and Turkey reached nearly US$19 billion, reflecting a substantial increase from previous years

  • Qatar’s emir Sheikh Tamim bin Hamad Al-Thani praised Turkey's efforts to improve the country's financial situation and reduce inflation rates...

    Erdogan and Sheikh Tamim also discussed important regional and international developments and witnessed the signing of a joint statement

    Erdogan recognized Qatar's inherent economic potential and its balanced growth rates, saying it was one of the most robust economies in the region

  • Manama, Bahrain--Bahrain has recorded a two percent rise in gross domestic product in the first quarter of 2023, driven by...

    The country's economic recovery plan aims to boost growth, attract investments and create job opportunities

    Its real estate, hotels, restaurants and trade all grew between 4.2 percent and 5.3 percent during the quarter

  • Avoided by western tourists, Iran is turning to wealthy Arab states and other nearby countries to bolster its sanctions-hit economy....

    Visitors at ancient Iranian sites can be heard speaking Arabic, Chinese and Russian and not English, French or German

    With its ancient splendors like the cities of Shiraz, Isfahan and Mashhad, Iran has attracted visitors from far and wide

  • Dubai, UAE-- Seeking to forge partnerships around the world, Dubai Chambers will host a two-day event in November this year...

    The two-day event running under the theme of "Shifting Economic Power" Dubai and the future of global trade" will be held at Madinat Jumeirah

    The occasion will see leaders from sectors as diverse as technology, retail, finance, travel and hospitality, real estate, and healthcare

  • It will export annually up to 1.2m metric tonnes of LNG.

    The 14-year agreement is valued in the range of $7 billion to $9 billion, signifying a major step in the partnership between the two industry players

    The deal marks another milestone for ADNOC Gas to expand its footprint around the globe, reinforcing the company's position as an LNG exporter

  • While Western economies continue to struggle with the aftermath, the region has shown remarkable recovery, instilling a sense of security...

    While Western economies continue to struggle with the aftermath, the region has shown remarkable recovery, instilling a sense of security and optimism among expatriates

    As expats with 10 to 12 years of experience face challenges in their home countries, they are increasingly drawn back to the GCC, particularly Dubai, says an expert

  • Designated by the UN as one of the five countries in the world most touched by some effects of climate...

    United Nations has declared Iraq as one of the five countries in the world most touched by some effects of climate change

    "We have come to peacefully protest and demand water from the government and the source countries," Najeh Jawda Khalil told AFP