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
  • Abu Nawas grew up spending much of his time watching football matches, analysing the teams and playing football video games.

    Abu Nawas's videos usually feature him wearing a football jersey, excitedly commenting on matches and news from the world of football

    He lamented that in Jordan "nobody cares" about people with diseases like his, and said he wished he had had the opportunity to attend school

  • More dams are being built in the region to shield the residents against floods, offer a lifeline during drought and...

    More dams are being built in the region to shield the residents against floods, offer a lifeline during drought and work towards food sufficiency by enhancing agriculture output

    Seen as a major step towards green transition, dams in the Gulf countries are also helping in conserving water resources, feed or recharge the aquifers and natural springs

  • ABU DHABI, UAE - Ruler's Representative in Al Dhafra Region and Chairman of the Board of Directors of the Environment...

    Abu Dhabi attaches high priority to protect the environment and preserve natural resources.

    Sheikh Hamdan also highlighted the emirate and the EAD's journey in promoting sustainability and preserving the environment.

  • AMMAN, JORDAN - Chairman of the Jordan Chamber of Commerce (JCC), Khalil Haj Tawfiq said Iraq is an "important" trade...

    Jordanian-Iraqi economic relations have witnessed development due to the joint trade agreements and projects signed between the two countries.

    There is a need to increase joint trade exchange and overcome obstacles to entry of the two countries' products and commodities in both the countries markets.

  • ABU DHABI, UAE - The UAE recently participated in the first Sustainable Finance Working Group (SFWG) meeting within the G20...

    The meeting, held at Guwahati, India, sought to discuss and agree on the group’s main points for 2023 in line with the priorities of the Indian Presidency.

    G20 members, invited countries, sustainable finance working group country members, international organization like IMF also attended the meeting.

  • Vegetable oil prices fell 2.9 percent, stemming from subdued global import demand for palm and soy oils and ample export...

    Vegetable oil prices fell 2.9 percent, stemming from subdued global import demand for palm and soy oils and ample export availabilities of sunflower seed and rapeseed oils

    The UN organization expects international trade in cereals in the 2022-23 period to decline by 1.7 percent from the previous year’s record level of 474 million tons

  • The reforms would tighten political control over judicial appointments and limit the Supreme Court's ability to overrule government rulings or...

    The reforms would tighten political control over judicial appointments and limit the Supreme Court's ability to overrule government rulings

    Leading Israeli economists have warned that the proposed reforms will do "long-term harm" to the Israeli economy.

  • Over the next decade, the Kingdom's tourism industry is projected to develop at an annual rate of 11 percent, making...

    Over the next decade, the Kingdom's tourism industry is projected to develop at an annual rate of 11 percent, making it the region's fastest-growing tourism market

    More hotels are being built at full speed, and extensive infrastructure works and upgrades are being carried out in the central business hubs of Riyadh, Jeddah, and other cities

  • ABU DHABI, UAE - UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan received French...

    The UAE and French ministers discussed bilateral relations and available opportunities for expanding cooperation between the two countries.

    The two sides stressed their keenness to continue consultations and coordination on issues of mutual concern.

  • US job gains surged unexpectedly last month as unemployment slipped to its lowest rate in over five decades, government data...

    The figure, which could prove concerning to policymakers, defied expectations of a further decline in job gains.

    The Federal Reserve has also been monitoring wage growth on concerns that elevated salaries could feed into services inflation.