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.
  • Iran and the United States will hold the next round of talks on the Islamic republic's nuclear programme in Rome...

    The arch-foes have held four rounds of nuclear talks since April 12, the highest-level contact between them since US President Donald Trump abandoned the 2015 nuclear deal

    Western countries, including the United States, have long accused Iran of seeking to acquire atomic weapons, while Iran insists its nuclear programme is for peaceful purposes

  • Gaza's civil defence agency said that more than 20 air strikes hit Khan Yunis and its surroundings overnight, with the...

    First responders have reported dozens of deaths daily since Israel intensified its attacks in the coastal territory, home to 2.4 million Palestinians

    Every morning, the civil defence agency has provided death tolls for overnight air strikes that often hit houses in rural areas or apartment buildings

  • US Secretary of State Marco Rubio suggested Wednesday that more Arab nations could forge ties with Israel this year, as...

    Saudi Arabia was in advanced talks on normalization, backed by then-president Joe Biden's administration, before the October 7, 2023 attack by Hamas on Israel

    Saudi Arabia is considered the ultimate prize by Israel considering the kingdom's role as the guardian of Islam's two holiest shrines and its influence within the Arab and Islamic

  • US Defense Secretary Pete Hegseth has accepted the Boeing 747 that the Gulf emirate of Qatar offered to President Donald...

    "The Secretary of Defense has accepted a Boeing 747 from Qatar in accordance with all federal rules and regulations," Pentagon spokesman Sean Parnell said in a statement

    The US Constitution prohibits government officials from accepting gifts "from any King, Prince or foreign State," in a section known as the Emoluments Clause

  • EU foreign policy chief Kaja Kallas urged Israel to hold to account those responsible for the shooting near Jenin, a...

    The Palestinian foreign ministry accused Israel of having "deliberately targeted by live fire an accredited diplomatic delegation".

    The incident came as international pressure intensified over the war in Gaza, where Palestinians were desperate for supplies after a two-month aid blockade was eased.

  • An output cut of one million barrels per day (bpd) was being discussed at OPEC+, sources said before the announcement. Credit: Pixabay

    Both main crude contracts jumped around one percent after CNN reported multiple US officials as saying the government had received...

    There are fears that such a sharp escalation could tip the Middle East into a war, with tensions already high over Israel's strikes on Gaza.

    While safe haven gold pushed higher, the news from CNN appeared to be having little detrimental effect on Asian equities, with most extending the previous day's rally.

  • US Secretary of State Marco Rubio said that Iran could have civilian nuclear power while importing enriched uranium but that...

    "We don't think it will lead to any outcome. We don't know what will happen," said Khamenei during a speech, adding that denying Iran's right to enrich uranium was "a big mistake".

    Iran currently enriches uranium to 60 percent, far above the 3.67-percent limit set in the 2015 deal and close though still short of the 90 percent needed for a nuclear warhead

  • EU countries agreed Tuesday to lift all their remaining economic sanctions on Syria in a bid to help the war-torn...

    The move from the European Union comes after US President Donald Trump announced last week that Washington was lifting its sanctions against Syria.

    The country's new rulers have been clamouring for relief from the crushing international punishment imposed after Assad's crackdown on opponents

  • Israel has again warned the population of Gaza -- nearly entirely displaced since the war broke out over the October...

    President Donald Trump has repeatedly mused about displacing Gaza's two million people to make way for reconstruction.

    Responding to a question in testimony to the Senate Foreign Relations Committee, Rubio said: "There's no deportation."

  • Foreign Secretary David Lammy accused Israeli Prime Minister Benjamin Netanyahu's government of "egregious actions and rhetoric" over its expansion of...

    Lammy said Britain "cannot stand by in the face of this new deterioration" in Gaza and was pausing negotiations with Israel on a new free-trade agreement.

    Israel was the country's 44th-largest trading partner last year, with the two countries exchanging 5.8 billion pounds ($7.8 billion) in goods and services.