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.
  • Riyadh, Saudi Arabia -- Saudi Arabia has unveiled an ambitious roadmap to achieve its monumental goal of planting 10 billion...

    The roadmap outlines a plan for Saudi Arabia's various habitat zones to achieve maximum vegetation coverage.

    By 2030, the initiative aims to plant over 600 million trees, rehabilitating approximately 3.8 million hectares of land.

  • RIYADH, SAUDI ARABIA - The Clean Development Mechanism Designated National Authority (CDMDNA) announced on Monday the operation of Saudi Arabia's...

    Greenhouse Gas Crediting and Offsetting Mechanism will be accessible to all entities within the Kingdom.

    This step reflects the Kingdom’s role in addressing climate challenges and enabling institutions to tackle their emissions.

  • The 77-year-old Harvard professor, who is the third woman to be awarded the prestigious economics prize, was given the nod...

    Goldin said the prize was "important", but there are "still large" gender inequalities on the labor market.

    Goldin has "trawled the archives and collected over 200 years of data from the US," the jury said.

  • gaza, israel, oil, crude

    In its 2023 annual report, the Organization of the Petroleum Exporting Countries forecasts demand for crude to reach 116 million...

    According to OPEC, whose 13 member states include Saudi Arabia, the Gulf states and Venezuela, oil demand will be driven by emerging and developing nations.

    OPEC also backed developing technological solutions to reduce emissions, such as carbon capture and storage.

  • Caught unawares by the surprise attack, PM Benjamin Netanyahu has warned Israelis to prepare for a "long and difficult war"...

    At least 413 people have been killed in Gaza in Israeli air strikes on nearly 800 targets in the blockaded and impoverished enclave of 2.3 million people

    According to the Israel Defense Forces, more than 700 Israelis have been killed since Hamas launched its large-scale attack, the country's worst ever losses

  • Washington, United States -- US President Joe Biden has ordered "additional support" for Israel after the attack by Palestinian militant group...

    The announcement came after a senior administration official had said on Saturday that high-level discussions between US and Israeli officials on military aid were already underway

    Biden and Vice President Kamala Harris were briefed by national security officials on the situation in Israel early Sunday and will continue to receive updates.

  • PARIS, FRANCE - The Gaza Strip is an impoverished Palestinian enclave that has been under Israeli blockade since 2007. It is...

    One of the most densely populated places in the world, Gaza is home to over two million people living on a 362-square-kilometer area.

    Israel occupied Gaza during the 1967 Six-Day War and it was only fully returned to Palestinians in 2005.

  • RIYADH, SAUDI ARABIA - India and Saudi Arabia signed a Memorandum of Understanding (MoU) here in electrical interconnection, green/clean hydrogen,...

    The signing took place during the Middle East and North Africa Climate Week 2023 in Riyadh, Saudi Arabia.

    The MoU was signed by Saudi Arabia’s Minister of Energy and India’s Minister of Power and New and Renewable Energy.

  • The policeman fired "at random" at an Israeli tour group visiting Alexandria using "his personal weapon", the state-affiliated private television...

    Egypt was the first Arab country to forge a peace deal with Israel in 1979 and has long served as a key intermediary between Israel and the Palestinians.

    On Saturday, Egypt's President Abdel Fattah al-Sisi warned of a "vicious cycle of tensions threatening regional stability and security".

  • Air France-KLM group's low-cost carrier Transavia announced it was cancelling all flights from Paris and Lyon to Tel Aviv up...

    At Ben Gurion airport American Airlines, Air France, Lufthansa, Emirates were among those pulling flights

    But airport authorities did not stop commercial air links with Eilat, Israel's second international airport