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.

  • Tokyo, Japan--Japan's largest manufacturers feel less optimistic about business conditions with confidence falling to its lowest level in more than...

    The quarterly Tankan survey undertaken by the Bank of Japan is seen as the broadest indicator of how Japanese businesses are performing

    Business confidence among major manufacturers dropped to plus one from plus seven three months earlier

  • A joint economic city is going to come up on the Iraq-Jordan border and in this regard an international tender...

    The Iraqi-Jordanian Company for Industry, which will carry out the project, urged international companies to make a bid

    The economic city is expected to boost trade cooperation between the two countries and achieve integration in many fields

  • Data privacy, security, consent management, safety, integrity, equity, inclusion, accessibility, affordability, and protection of virtual asset ownership remain key concerns.

    Data privacy, security, consent management, safety, integrity, equity, inclusion, accessibility, affordability, and protection of virtual asset ownership remain key concerns

    The two technologies provide an opportunity to KSA and UAE to enable and accelerate non-oil use cases in the region and become hubs in the region and beyond

  • CAIRO, EGYPT - Egyptian President Abdel Fattah al-Sisi met Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz...

    Both Egypt and Saudi Arabia possess significant influence within the Arab, Islamic, and international spheres.

    The similarity between Egyptian and Saudi policies leads to alignment on several global, Arab, and Islamic issues.

  • DUBAI, UAE - Dubai Chamber of Digital Economy highlighted software development and artificial intelligence (AI) industry in its 10th session...

    Various executives, business leaders and experts of the digital industry discussed at length the challenges and opportunities present in the sector

    Dubai aims to become a top destination for global digital investment and tech talent and is attracting software development professionals,

  • BRUSSELS, BELGIUM  - The EU trade in goods registered a large deficit of US$469 billion (€432 billion) in 2022, reaching...

    The deficit was due, in particular, to a steep rise in the value of energy imports, which started towards the end of 2021 and continued through most of 2022.

    Also in 2022, non-EU imports (+41 percent) and exports (+18 percent) reached their highest year-on-year growth rates recorded over the last 10 years.

  • The country sees 3.6 million eviction cases filed in a typical year, said Peter Hepburn, associate director of Eviction Lab...

    Some households were approved for rental assistance that never arrived as funding dried up, resulting in arrears of over $10,000.

    Black renters face greater risks, women are more likely to be listed as defendants and renters with children are at greatest risks of eviction.

  • Ankara, Turkey--Turkish President Recep Tayyip Erdogan on Saturday pledged to rebuild the country's southern region devastated by powerful earthquakes on...

    The Turkish president promised to erase all traces of the destruction caused by the disaster, and prepare "more strongly" for possible disasters in the future

    The magnitude 7.7 and 7.6 quakes affected more than 13.5 million people in Turkey, as well as many others in northern Syria

  • Its revenue for 2022 rose to US$2.8bn, a 78% jump.

    The company has ramped up its credit facilities in order to fund its growth plan, which includes the acquisition of John Menzies

    Agility enjoys a healthy balance sheet with $10.72 billion in assets. and the company's net debt stands at $2.60 billion

  • Spelling the end of independent oil exports by the regional government, Iraq's autonomous Kurdistan region will resume oil exports through...

    Last month, Turkey stopped handling Kurdish oil after an international tribunal ruled in a nine-year-old dispute that Baghdad was right on insisting to oversee all oil exports

    Both federal and regional governments see oil exports as key revenue resources and thier management has long been a sensitive topic in relations between the two entities