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.
  • Rafael Grossi, director of the International Atomic Energy Agency (IAEA), told the UN Security Council that he has not yet...

    Grossi warned of equally dire consequences even if Israel strikes the lines that supply electricity to Bushehr, saying such disabling of power could trigger a meltdown.

    In a worst case scenario, evacuations and orders to take shelter would need to be issued for areas within several hundred kilometers of Bushehr, which would include Gulf states.

  • The US special envoy for Syria Tom Barrack warned Lebanese militant group Hezbollah on Thursday against getting involved in the...

    Barrack, who is also the US ambassador to Turkey, is on his first visit to Beirut, where he met top Lebanese officials including parliament speaker Nabih Berri, a Hezbollah ally

    In a statement, Hezbollah leader Naim Qassem said the group will provide Iran "with all forms of support that contribute to putting an end to this tyranny and oppression

  • Major General Mohammad Pakpour, the commander of Iran's Islamic Revolutionary Guards Corps (IRGC), appointed Brigadier General Majid Khadami as the...

    Major General Mohammad Pakpour, the commander of the IRGC, appointed Brigadier General Majid Khadami as the new head of its intelligence division

    He replaces Mohammed Kazemi, who was killed on Sunday alongside two other Revolutionary Guards officers -- Hassan Mohaghegh and Mohsen Bagheri -- in an Israeli strike

  • Dozens of US military aircraft are no longer on the tarmac at a major US base in Qatar, satellite images...

    Nearly 40 military aircraft -- including transport planes like the Hercules C-130 and reconnaissance aircraft -- were parked on the tarmac at the Al Udeid base on June 5

    The US embassy in Qatar announced Thursday that access to the base would be limited "out of an abundance of caution and in light of ongoing regional hostilities."

  • Iranian Foreign Minister Abbas Araghchi will meet with his French, German, British and EU counterparts in Geneva on Friday to...

    Israel, claiming Iran was on the verge of developing a nuclear weapon, launched air strikes against its arch-enemy a week ago, triggering deadly exchanges

    Iranian Foreign Minister Abbas Araghchi will meet with his French, German, British and EU counterparts in Geneva on Friday to discuss Iran's nuclear programme

  • Civil defense spokesman Mahmud Bassal told AFP that six people were killed while waiting for aid in the southern Gaza...

    In northern Gaza, Bassal said that nine separate Israeli strikes killed another 51 people, updating earlier tolls provided by his agency.

    At least 300 Palestinians have been killed in recent weeks while trying to reach aid distribution points in Gaza, which is suffering from famine-like conditions.

  • As most currencies in the region are pegged to the US dollar, monetary policy follows the decisions taken in Washington,...

    Saudi-based Cluster2 Airports Company signed a strategic MoU with Airbus. The agreement will see the deployment of the Agnet Turnaround platform across Cluster2’s 22 airports.

    Saudi National Bank (SNB) has issued $1.25 billion in Tier 2 bonds at a 6% profit rate under its $10 billion Euro Medium Term Note program.

  • Australia has started evacuating almost 3,000 citizens caught up in the rapidly spiralling conflict between Israel and Iran, Foreign Minister...

    rescue efforts had been hampered by missile barrages that made it "too risky" for civilian aircraft to land in either country, Wong said

    Some 1,500 Australians had registered to be evacuated from Iran, while more than 1,200 were seeking to get out of Israel, she said

  • For days, Syrians have watched as Iranian missiles and Israeli interceptors light up the skies over their territory, but the...

    Iran was one of former ruler Bashar al-Assad's biggest backers, playing a crucial role in propping up his government by providing military advisers and the support of affiliated ar

    Israel, meanwhile, has occupied the Golan Heights since seizing it from Syria in 1967, and has kept troops in a UN-patrolled buffer zone there since December

  • The White House said Trump would receive an intelligence briefing on Thursday, a US holiday and top US diplomat Marco...

    As the war entered its seventh day, Israel's military said it was striking Tehran and other parts of Iran, but all eyes were on whether Washington would enter the fray

    Iran's supreme leader Khamenei meanwhile rejected Trump's demand for an "unconditional surrender", despite claims from the US leader that "Iran's got a lot of trouble."