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 -- The UAE pension authority clarified Tuesday that requests related to Shourak scheme, which enables Emiratis to...

    Shourak (meaning preference in English) was launched by the GPSSA for insured Emiratis seeking to merge previous and current employment periods in case of a career switch.

    Shourak requests will be considered applicable for eligible insured Emiratis who submit their end-of-service employment applications to GPSSA after July 1.

  • Dubai, UAE-- Some 27 million taxi rides were undertaken in Dubai in the first three months of 2023, up one...

    According to RTA, the high amount of taxi journeys in the first quarter of the year is the highest since 2019, before the outbreak of the Covid-19 pandemic

    The authority said the review of figures suggest that the economy of Dubai is thriving, cementing its standing as a prominent global hub for investment and tourism

  • Sharjah, UAE--With an aim to bolster the country's capital markets, the Sharjah-based company Dana Gas has revealed that it will...

    Listed on the Abu Dhabi Securities Exchange, the firm said that it had secured the approval of the regulatory authorities ro raise the percentage of ownership from 49% to 100%

    The company's chairman said the decision will bolster the UAE's vision of strengthening its dynamic capital markets by attracting greater numbers of international investors

  • Many residents said they could hear gunfire after dark on Monday, shortly before the ceasefire extension was announced. Earlier, they...

    Shortly before the initial one-week ceasefire was to expire at 1945 GMT, Washington and Riyadh announced the extension

    In a "major breakthrough", the WFP said Monday that it had begun reaching thousands of Khartoum's trapped residents

  • The company will follow it up with a listing on QSE.

    Meeza, in a statement, said that it will offer 50 percent of the shares, 324.49 million, at an offer price of QR 2.17 per offer share

    Before the offering, it doled out 37.41% of the offer shares to a set of qualified investors according to the book building mechanism

  • Turkey's longest-serving leader surmounted a powerful opposition coalition, an economic crisis and anger following a devastating February earthquake to beat...

    Turkish president called on Turks to "come together in unity and solidarity", while Kilicdaroglu vowed to "continue the struggle" against the president and his AKP party

    Erdogan's inauguration ceremony, the nomination of a new cabinet and the sitting of the new parliament will follow the confirmation of the final election results this week

  • More than 1,000 private sector executives and members of the Dubai Chamber had joined the path towards reducing global emissions...

    Over 1,000 private sector executives and Dubai Chamber members commit to halving global emissions by 2030, aiming for zero emissions by 2050

    UAE continues to enhance its environmental prosperity, with an emphasis on protected areas, sustainable agriculture, and nature-based solutions

  • Dubai, UAE-- In order to fulfill demand for working capital in Africa, DP World has partnered with Standard Bank, the...

    Companies across the continent can now borrow working capital from Standard Bank through the DP World Trade Finance platform

    The group chairman of DP World said Africa is a key market for the company and the partnership will strengthen development in Africa

  • Dubai, UAE - Dubai on Monday launched a new QR Code initiative for holiday homes, as part of efforts to...

    As part of the initiative, owners of Holiday Homes will now be required to display a QR code on the main entrances of their vacation properties in Dubai

    This code enables visitors and guests to conveniently scan it and access essential information about the operator of the Holiday Home

  • ABU DHABI, UAE - Abu Dhabi Quality Conformity Council (QCC) has joined Setup in Abu Dhabi, a comprehensive SME enabling...

    The partnership will strengthen SMEs exporting capabilities by benefiting from in-depth consulting which is backed by research and expertise.

    Setup in Abu Dhabi was launched by Creative Zone in 2022 with Abu Dhabi Department of Economic Development, other government and private entities.