ADNOC L&S will manage integrated logistics for Borouge.

Mubadala Investment Company and Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, Tuesday signed a Memorandum of Understanding (MoU) to facilitate strategic cooperation between the two institutions. As part of the MoU, Mubadala and Mumtalakat will explore worldwide co-investment opportunities. They will also exchange knowledge...

The UAE and Saudi Arabia seem poised to see their respective fashion sectors double their revenues in the near future.

Musk, the world's wealthiest person wields impact on Earth with his Tesla electric car company and beyond our planet with his SpaceX rockets.

Forbes Middle East also unveiled a ranking of the "Top 10 Construction Companies in MENA 2021".

The Port is likely to save time and cost for the country’s trade.

The Abu Dhabi Investment Office (ADIO) has connected with hundreds of global business leaders, entrepreneurs and innovators in a series of six inaugural events organized by its international office network to discuss expansion opportunities to the UAE capital. ADIO’s offices in London, Paris, Beijing, Seoul, New York and San Francisco...

The Federal Authority for Government Human Resources (FAHR) has issued a circular to all federal ministries and authorities on the implementation of the new working week system.

The company's first venture capital fund exceeds initial target.

Both will cooperate to build a gaming and esports ecosystem in UAE.

Lockheed Martin  has appointed retired U.S. Army Gen. John W. Nicholson as their new Chief Executive for the Middle East.

The National Centre for Statistics and Information says domestic guest have supported the Oman's hotels.

An online electronic platform named 'loubany', aimed at promoting Lebanon's economy and industry, will be launched in on 15 January 2022. Local media reports said loubnany will be launched under the patronage of Industry Minister Georges Poushkian, with the participation of the Association of Lebanese Industrialists, the Economic Affairs Directorate...

Two people were missing on Monday after two cargo ships collided in waters south of Sweden in the early morning hours, the Swedish Maritime Administration has said. The ships collided in the Baltic Sea between the Swedish city of Ystad and the Danish island of Bornholm.

The center was announced by Crown Prince Mohammed bin Salman during the Middle East Green Summit held in Riyadh recently.

The agreement will promote direct investment in various fields.

Even as Lebanon faces one of the worst economic crises, about US$7 billion remains missing from the Lebanese central bank’s 2020 balance sheet, data analysis by TRENDS suggests.

International Holding Company has formally agreed to the merger.

About US$7 billion is missing from Lebanese central bank’s 2020 balance sheet, data analysis by TRENDS suggests while highlighting weak government policies for the economic crisis.

Women from 80 countries vied for the Miss Universe crown in the Israeli city of Eilat on Sunday, with several contestants defying pressure to boycott in support of the Palestinians. 

MAWANI also aims to attract a major share of the global transshipment operations to Saudi ports by implementing several projects and initiatives.

The 2022-2023 budget allocates about $5 billion to boost "defense capacities and strategic research", up from $4 billion the previous year.

The UAE and Mauritius have stressed the importance of boosting economic and commercial relations between the two countries. A meeting was held between Mohamed Hadi Al Hussaini, UAE Minister of State for Financial Affairs, and Dr. Renganaden Padayachy, Minister of Finance, Economic Planning and Development of Mauritius, at the Ministry...

Al Arabia also known Arabian Contracting Services Co., has set up a joint stock company in Egypt with United Media Services Company, marking its first partnership outside the kingdom.

The total foreign trade between Russia and the UAE is set to reach around $4 billion by the end of this year, said Sergey Cherimin, Minister of the Government of Moscow. Local media reports said that in 2020, the trade between the two countries amounted to $3.3 billion. Chermin told...

SEDCO Capital of Saudi Arabia has launched an additional offering of its real estate investment trust fund to increase asset value by SR702 million ($187 million).

The Emirates Health Services (EHS) is looking to upgrade executive and financial regulations and ways to develop the capabilities of health cadres and proactive and integrated health services.

The UAE last month approved a temporary license to test self driving taxis on the roads with safety officer sitting on driver's seat in case of emergency.

Empower is the world’s largest district cooling services provider.

Companies are increasingly focusing on health and wellness in products and services, says Mohammad A Baker, Deputy Chairman and CEO of Dubai-based conglomerate GMG Group.

Jordan Exporters Association Khudari said the FTA between the two countries, which came into effect in 2012, provides "various and promising" opportunities for the country's businesses to enter the Canadian market.

The oil production in Majnoon Oil field will be increased to 450,000 barrels per day, said the Oil Minister of Iraq, Ihsan Abdul Jabbar Ismail.

Security forces in Lebanon and Syria said Saturday that they had seized two separate shipments of the banned stimulant captagon, the latest in a string of similar busts.

Indian police have recovered a stolen watch customized for star footballer Diego Maradona and arrested a suspect behind the alleged theft in Dubai, officials claimed Saturday.

Kuwait National Petroleum Company (KNPC) has denied offering shares for trading, warning social media users not to believe in some "dubious" online advertisements illegally using the company's name.

Exports of Amman Chamber of Industry (ACI) have soared 16% during the past 11 months of 2021, compared to the same period in 2019, driven by the rising exports of most industrial sectors.

Afghans have joined Kurds, the Laz, Roma and other ethnic minorities and undocumented migrants in doing work others snub. For less than $10 a day, they roam the streets of Istanbul collecting trash — a profession that is illegal in the country, and has led to its practitioners being arrested...

Saudi Arabia and Kuwait pledged to enhance bilateral cooperation and coordination in security, military, and economy.

US giant ExxonMobil and Qatar Energy signed a contract Friday for oil and gas exploration and production-sharing off the divided island of Cyprus despite Turkey’s opposition to the deal. Cypriot Energy Minister Natasa Pilides, Varnavas Theodosiou, CEO of ExxonMobil Cyprus, and Ali al-Mana, director of Qatar Energy’s International Upstream and...

The UAE has been re-elected to the Council of the International Maritime Organisation (IMO) in the Category B membership for the third time. Media reports said that the re-election happened following comprehensive efforts and an intensive election campaign leading up to the elections. The results of the election were announced...

A total of 1,368 delegates from 58 countries – including 250 virtual participants – attended the first edition of the Global Business Forum (GBF) ASEAN in Dubai, which concluded today with a total of 180 bilateral business meetings taking place on the sidelines of the event. GBF ASEAN was held...

Abu Dhabi Investment Office (ADIO), Mubadala, and Roborace have signed a Memorandum of Understanding (MoU) to drive innovation in the mobility sector.

HSBC is the financial advisor of the Saudi online food delivery startup.

A commercial shrimp farming project was launched at Quroom Farm in Jaalan Bani Bu Hassan, in the Governorate of South A'Sharqiyah in Oman. The 20-million Riyali Oman project, spread over an area of 500 hectares (5 square km), is set to have a total capacity of 4,600 tons per annum...

The Saudi and Abu Dhabi indices saw a choppy week, while the Dubai markets saw some good gains.

The meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC), was held on Thursday via video.

The workers were trapped as heavy rains flooded the basement factory in the northern city of Tangiers.

The country is looking to move up a position and become the world’s second-largest gas producer with this field.

Qatar Airways in August stopped taking deliveries from Airbus over a problem that saw external paint degrading.

The two countries are seeking to establish a regional complex for the extraction, use, and storage of carbon.