Tufan Erginbilgic replaces Warren East from the start of 2023.

The airline had taken a sizeable financial hit from disruptions.

The usage is reduced to counter the dependency on Russian gas supplies.

The three entities will support Sharjah exporters and re-exporters.

The financial details of the transaction were not disclosed.

The Sion, a five-person family car covered completely in solar panels, should enter into serial production in the second half of 2023, the German start-up developing the vehicle said Monday.

The saudi developer bought the residential tower in Makkah.

The airport also saw considerable growth in the number of flights, with a total of 41,189 aircrafts operating in H1 this year.

The Marina and terminal will contribute to transforming Jeddah’s coastline.

Algerian state oil firm Sonatrach announced on Monday new oil and gas discoveries in the North African country's Sahara desert, including a find made with Italian major Eni.

Three Katyusha rockets hit a gas complex in Iraq's autonomous Kurdistan region on Saturday, a local official said, in the latest attack to target the Emirati-owned facility. The assaults have come amid a simmering oil dispute between Kurdistan and the federal government in Baghdad.

Prime Minister of Egypt Mostafa Kamal Madbouly witnessed a signing ceremony Monday in Cairo that welcomed Bahrain as the fourth country to join the Industrial Partnership for Sustainable Economic Development, which includes the UAE, Jordan and Egypt.

ASM manages 5 dry bulk and general cargo ships.

Natural gas has emerged as a weapon of war between Russia and Europe since Moscow's February 24 invasion of Ukraine. Here is how the standoff developed:  Nord Stream 2 halted  On February 22, 2022, German Chancellor Olaf Scholz says he is suspending the Nord Stream 2 pipeline project with Russia...

The Abu Dhabi International Boat Show (ADIBS), organized by the Abu Dhabi National Exhibitions Company (ADNEC), has entered into a three-year sponsorship agreement with Abu Dhabi Maritime to support the event’s upcoming editions.

A survey in the GCC region reveals that almost all the respondents believe that rising inflation will impact their cost of living by at least 10 percent while over two-thirds said they still view equity markets favorably.

The airline is buying aircraft using less fuel.

French satellite operator Eutelsat said on Monday it was in talks with British counterpart OneWeb for a tie-up to create a "global champion" in broadband internet, rivalling US operators such as Elon Musk's Starlink. Satellite broadband promises to bring coverage to the most remote areas of the planet and supply...

The Saudi Central Bank (SAMA) has completed electronic linking procedures with the Saudi Center for Economic Business through the “Tanfeeth” program. This program aims to directly link the technical systems of government agencies and banks operating in the kingdom through the Saudi Central Bank in a way that contributes to...

The Kingdom of Saudi Arabia’s overall merchandise exports increased by 83.4 percent in May 2022 compared to May 2021, the General Authority for Statistics (GASTAT) revealed.

Saudi Arabia's  Center for Attribution and Liquidation "Infath" will auction quality real estate in Riyadh on  August 1, a media report said. The auctions offer 14 industrial real estate assets in eastern Riyadh, with large total areas estimated at more than 80,000 square meters. The real estate consists of three...

EPC contractors are set to start construction this month.

Saudi Arabia will pour in $5 billion in the poultry industry in order to boost production as the kingdom looks to achieve  self-sufficiency in the sector. The Saudi Minister of Environment, Water and Agriculture Abdulrahman Al-Fadley said that in targeting 1.3 million tons of broiler chickens per year, the ministry...

The stock rose after it declared cash dividends of $80 million.

Russia's top diplomat reassured Egyptian leaders Sunday that their orders for Russian grain would be met as he began a tour of African countries dependent on imports for their food supply. Between 20 million and 25 million tonnes of grain has been blocked in Ukrainian ports since Russia and Ukraine...

The Higher Committee for Development and Citizens Affairs, chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, approved immediate allocation of 2,000 residential plots at Umm Nahad Fourth area.

Dubai Electricity and Water Authority (DEWA) has commissioned 287 11kV substations in Dubai in the first half of 2022. This is part of its efforts to provide a state-of-the-art infrastructure as per the best international standards.

The acquisition made through Ataa subsidiary.

The federal government in Baghdad and the autonomous Kurdish region pledged Saturday to "increase dialogue" to ease a simmering oil dispute that has been playing out in the courts in recent months.

The UAE has welcomed the agreement reached between Russia and Ukraine on the export of grain, and has applauded the role of Turkey and the United Nations in helping the two countries to sign the Black Sea Grain Export deal.

The net profit rose to $82.5 million for the second quarter.

The four-day event is organized by the Sharjah Chamber of Commerce and Industry (SCCI).

The Permanent Committee for Labor Affairs has reiterated its commitment to collaborate with private and social organizations to consolidate the UAE’s and Dubai’s drive to implement progressive labor policies that integrate global best practices.

Ukraine and Russia and two of the world's largest grain producers.

The General Authority for Military Industries led and organized the Saudi pavilion under the slogan "Invest in Saudi."

Wheat prices tumbled Friday, retreating to levels last seen prior to the Russian invasion of Ukraine following a landmark agreement to unblock Ukraine's Black Sea grain exports. Wheat and other grain have been blocked in Ukrainian ports by Russian warships and landmines Kyiv has laid to avert a feared amphibious...

CBI is the first-ever bank in the UAE and the Middle East region to have a location in the Metaverse.

Saudi Arabia will automate some 4,000 factories in order to enhance competitiveness, efficiency and quality of industry.

Twitter blamed disappointing results Friday on "headwinds," including the uncertainty imposed on the company by Elon Musk's chaotic buyout bid. The firm is locked in a legal battle with the mercurial Tesla boss over his effort to walk away from a $44 billion deal to purchase the platform, leaving the...

Abu Dhabi's real estate market sustained growth driven by investor optimism, recording 7,474 property transactions amounting to over US$6.13 billion (approx) as per the latest report released by the Department of Municipalities and Transport (DMT).

Twitter reported disappointing results on Friday, a miss that the social network attributed to "headwinds" including the uncertainty related to Elon Musk's buyout bid.

The French Ambassador to the UAE, Xavier Chatel, described the first official visit to France of UAE President Sheikh Mohamed bin Zayed Al Nahyan as successful and important in all domains.

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister has issued a decree regulating the grant of title to allotted industrial and commercial land in Dubai

French oil group TotalEnergies and shipping giant CMA CGM announced price cuts on Friday as demanded by the government amid growing calls for windfall taxes on their profits

The Federal Tax Authority expanded its efforts in collaboration with various government departments, ministries and authorities to protect consumers from non-compliant products, combat tax evasion and ensure compliance with tax laws and procedures.

The number of insurance policies increased Y-o-Y by 10.4 percent in Q1 2022 to 2.3 million policies compared to 2.1 million policies.

The airline ordered 25 Boeing MAX 10 jets worth $3.3bn.

The developer sold homes valued at $405m in Sharjah.

Profits were $476 million compared with just $19 million in the year-ago period.

It will acquire US health care provider One Medical for $3.9 bn.