SIB profit up 9%

Higher income from financing and investment drive growth.

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
  • The plan envisages that 55 percent of Dubai's population to live within 800 meters or less from public transport stations....

    Dubai 2040 aims to provide sustainable and flexible mobility options to ease the mobility of people, says said Mattar Al Tayer

    The plan envisages that 55 percent of Dubai's population to live within 800 meters or less from public transport stations, he adds

  • FY'22 turnover rose to $1.4 billion, up 65 percent YoY.

    The average seat load factor – or passengers carried as a percentage of available seats – for the full year stood at a high 80 percent.

    Air Arabia’s Board of Directors proposed a dividend distribution of 15 percent of share capital, which is equivalent to 15 fils per share.

  • Aim is to develop hydrogen-based mobility pilot project.

    The MoU between DEWA and ENOC was signed at the World Government Summit 2023 in Dubai.

    The project will utilize DEWA's existing green hydrogen production facility and ENOC's knowledge of the fuel market.

  • Firm has proposed dividend of S$115 million for 2nd half 2022.

    The quality and sustainability of its services and advanced infrastructure has made it one of the world's largest player in the district cooling industry.

    This performance reflects the confidence in Empower by its customers and stakeholders, and the economic boom of Dubai.

  • Dubai, UAE--Ohood Al Roumi, the UAE's Minister of State for Government Development and the Future and Vice Chair of the...

    Al Roumi said that the future belongs to those who succeed in employing data to drive progress and innovation

    She stressed the importance of establishing joint efforts between governments, decision makers, and societies to protect data and enhance data regulations

  • To house millions of people who lost homes in the devastating earthquake, Qatar will send some 10,000 cabins and caravans...

    The mobile homes were used for a few weeks when Qatar hosted the football World Cup last year

    Sheikh Tamim bin Hamad Al-Thani visited Turkey on Sunday, the first foreign leader to do so since last week's quake

  • The market for small startups and self-employed entrepreneurs will boom due to lower startup cost amidst policy reforms and more...

    The UAE leads the pack as startups across GCC expect growth to continue as new laws make it easier for them to do business in the region, Be Unique CEO Dariush Soudi tells TRENDS

    "There will be a huge increase in blockchain platforms," he says, adding that this increase will come with a greater need for cyber security, programming and data analysis

  • Speaking at the Arab Fiscal Forum in Dubai, the head of the IMF Kristalina Georgieva stated that public debt in...

    The IMF cautioned last month that economic growth in MENA could slow to 3.2% this year, before ticking up to 3.5% in 2024

    She said the region needs to boost its average tax-to-GDP ratio to at least 15% from a current 11%

  • UN relief chief Martin Griffiths said the death toll from the massive earthquake will "double or more" from its current...

    Officials and medics said 24,617 people were killed in Turkey and 3,574 in Syria. The confirmed total now stands at 28,191

    Turkey's disaster agency said more than 32,000 people from Turkish organizations are working on search-and-rescue efforts

  • Cairo, Egypt--The Arab Parliament on Saturday endorsed a proposal submitted by Jordan's Lower House Speaker Ahmad Safadi, stipulating the establishment...

    Safadi said Jordan can facilitate and coordinate Arab and international action, and the proposed center would accelerate and enhance the global response to food crises

    He underscored the importance of supporting Libya and Yemen, and voiced rejection of all forms of external interference in their affairs