The project is a joint endeavor between the Saudi-based Aramco Gulf Operations Company and Kuwait Gulf Oil Company.

It will be possible to see the crescent with a telescope, but not the naked eye, from parts of the Islamic world on April 1.

For a 50/50 chance of limiting the rise in global temperatures to 1.5C, 19 countries in which per capita GDP would remain above $50,000 without oil and gas revenue must end production by 2034. Included in this tranche are the US, Norway, Britain, Canada, Australia, and the United Arab Emirates.

The FCCI is keen to enhance cooperation with MÜSİAD and utilize the momentum provided by Expo to intensify relations between the two sides.

Saudi Arabia Railways "SAR" has opened online booking of tickets for train services via the North Train to and from Al-Qurayyat Passenger Station. This is a part of its final preparations to operate the passenger train station in Al-Qurayyat. The services to Al-Qurayyat starts on March 31, 2022, with a...

An embargo on Russian oil imports, pushed for by some European countries over Moscow's military action in Ukraine, would have a direct impact on everyone, the Kremlin said Monday.

The Cabinet approved the UAE System for Crowdfunding Platform Operators, stressing that the Securities and Commodities Authority (SCA) will be responsible for the regulation governing the activities of crowdfunding platform operators.

Top crude exporter Saudi Arabia warned Monday that Yemeni rebel attacks on the kingdom's oil facilities pose a "direct threat" to global supplies. It urged the international community to "stand firm" against the Houthi insurgents.

Hala Al-Saeed, Egypt’s minister of planning and economic development, discussed ways to enhance future cooperation between Egypt and Saudi Arabia with Majid bin Abdullah Al-Qasabi, Saudi minister of trade. The discussions took place on the sidelines of the meetings of the Governance Council of the Arab-Africa Trade Bridges Program. Al-Saeed...

Expansion into 10 new countries MENA countries strong driver for growth.

The company's listing will be the biggest since Aramco.

The production started by Abu Dhabi-based Mubadala Petroleum.

The Abu Dhabi Securities Exchange (ADX) has decided to embrace FTSE Russell’s Industry Classification Benchmark (ICB) for all its listed equities in order to align with global standards and attract more international investors.

Licensed companies and small and medium enterprises (SMEs) accounted for 51 per cent of Ajman Free Zone’s total procurement of goods and services in 2021, a recent report released by the free zone showed. The report also revealed that 24 per cent of the total purchases and contracts made last...

The first protocol stipulates raising the number of members of the International Civil Aviation Organization (ICAO) Council from 36 to 40 members.

ChequeScore is an app released by the UAE government-owned Al Etihad Credit Bureau, and can predict the possibility of a cheque bouncing.

Evergrande and all its units halted trading in Hong Kong on Monday.

Zain Saudi Arabia launched the largest 5G network in the region.

Top crude exporter Saudi Arabia announced a "temporary reduction" in oil output at a facility run by energy giant Aramco on Sunday, after Yemen's Houthi rebels launched multiple cross-border attacks.

Mubadala of the UAE will invest $395 million into CityFibre, Britain’s biggest independent provider of full-fiber broadband infrastructure, according to media reports.

The Ajman Business Women's Council and Umm Al-Moumineen Women's Association in Ajman will now work together to empower women. The two parties signed a pact regarding the same which also involves enhancing cooperation and implementing joint initiatives and projects related to women empowerment. Also, the pact aims to strengthen women's...

The company's profit declined to $27.4 million in 2021.

The Saudi Ports Authority (Mawani) on Sunday launched the Smart Ports initiative in a bid to enable Saudi ports apply modern technologies and boost their competitiveness. During the launch, Mawani signed three MoUs with STC, Ericsson and Huawei, the Saudi Global Ports Company (SGP), the Red Sea Gateway Terminal Company...

Al Rajhi Bank of Saudi Arabia will start providing a digital guarantee service through the electronic financial services platform called Etimad.

The rise was due to crude prices, as the global economy recovered.

Spurred by yet another round of increase in oil prices, shares on Saudi stock exchanges opened higher on Sunday with the main index, TASI, gaining 0.52 percent in the opening trade while the parallel market, Nomu, trading flat at 24,902.

The French-Tunisian setup includes the "Palm Lab," where engineers, architects and artists discuss how to conserve the oasis of agriculture.

The tech giant is being accused in Europe of stifling competition.

The amplifying factors include sanctions against Russia’s aviation sector, which cast a global pall over the aviation industry.

The world’s premier mixed martial arts organization UFC will return to UAE in October 2022 at Abu Dhabi Showdown Week in Etihad Arena.

Expo 2020 Dubai, the largest global gathering since the start of the pandemic, reached the milestone of 20 million visits on Saturday, 19 March.

After a week of losses, the Saudi index posted 0.9 percent increase even as the uncertainty spurred by the Ukraine conflict continued to weigh on the capital markets across the globe.

When Al Sadd wrapped up a second straight Qatar title by stretching their unbeaten league run to 49 games, they were inevitably dubbed the 'Invincibles' after another team that reached the same number.

The Saudi Arabia’s Ministry of Investment (MISA) announced on Friday that it has signed a Memorandum of Understanding (MoU) with Amazon Saudi Arabia for the establishment of a dynamic business environment that affords growth opportunities for small and medium enterprises across the Kingdom.

The pavilion of Saudi Arabia in Expo 2020 Dubai has been awarded Best Pavilion by EXHIBITOR magazine.

Ex-employee says Google imposed ‘barriers’ on Black workers.

Arab countries that offer electronic passports include Saudi Arabia, UAE, Qatar, Oman, Lebanon, Algeria, Kuwait, Morocco, Comoros, Djibouti, Mauritania, Somalia and Sudan. Countries in the region that don't have a microchip in their passports include Bahrain, Egypt, Iraq, Jordan, Libya, the Palestinian territories, Syria, Tunisia and Yemen.

The growth attributed to increased market share in key operating regions.

Shareholders of Ithmaar Holding have approved a plan to sell a few of the company's assets to Al Salam Bank.

Indian government officials on Friday defended the continued buying of Russian oil, saying European countries were still purchasing hydrocarbons from Moscow and that high crude prices left New Delhi with little choice.

Dubai Chamber of Commerce has announced the establishment of the Dubai Council for Wooden Ships, a new business group that will support the wooden ships sector in Dubai by unifying voices of member companies.

"We provide the best facilities and customs services to Indian businesses which can also benefit from the advanced infrastructure and logistics," Dubai customs official Musabih said.

Myanmar junta Okayed the sale to Lebanese conglomerate M1 Group.

The grants were approved at the 179th session of OFID’s Governing Board in Vienna.

The online giant closed the deal for $8.45 billion.

The ads were for schemes apparently hailed by prominent figures.

The privatization move will also help the regional governments in maintaining better economic growth, increasing private participation and attracting foreign investments.

DP World-owned P&O Ferries on Thursday suspended its passenger and freight ships but denied the group was heading into bankruptcy. P&O Ferries operates four routes serving Britain, France, Ireland and the Netherlands. “P&O Ferries is not going into liquidation,” the company said in a statement. “We have asked all ships...

The firm's capacity is enough to meet the domestic market's demand.

The villa project is located within the Al Hamra Village residential community.