IDB will fund renewable projects by joining ETAF platform.

The company's net profit in H1 2022 was only $6.5 million.

Revenue from operations was US$7.2 billion.

New firm is a $54 million corporate venture capital fund.

It also completes conditions for a joint venture.

It is for capital expenditure of T4-NGS satellite program.

A minority stake in Breakwater Energy cost it US$100m.

The company will invest through acquisitions and JVs.

The revenue for the period ended May 2023 reached $193m.

GFCF will triple its production after setting up its Phase II in Musasafah.

There will be a process to select the best proposal.

The company witnessed a 186 percent increase in sales.

QNB set aside $1.3 billion as provision for loan losses.

An increase in borrowing costs hurt the company in H1.

Funds will be used to finance working capital for projects.

QE will supply up to 120m barrels of condensates to ENOC from Jul.

Share buyback plan values Ant Group at $78.5 billion.

The number of domestic, international flights will rise.

Global glut of semiconductors hurts company's core memory sector.

Commercial launch of self-driving vehicles is planned for 2026.

MENA is an important market for Verition.

The wealth fund invests in Sagard alongside Bank of Montreal.

Its net profit dropped 21% to US$1.21bn in 2022-2023.

KKR had invested in CoolIT through its Global Impact strategy.

DIFC provides a platform for AB to expand its wings.

The subscription is open for 60 days until Aug 31.

The contracts are valid for 20 years, said Saudi Catering.

Eltizam Asset Management Group will also join Aldar Estates platform.

Gerry Murphy is new chairperson of Britain's biggest retailer.

Investcorp buys majority stake in SEC Newgate for $100m.

The contracts were awarded to Petrofac Emirates and a consortium.

The shareholders approved to distribute an 8.3% dividend.

The shareholders elected a new board of directors as well.

The brokerage firms added 26,953 new accounts in H1.

Wall Street rises as US consumer inflation moderates.

BMW's Pretoria plant has made over 1.6 million vehicles.

The company had reported a net profit of 3.29bn kronor ($305m).

The US-based electric vehicle startup also files for bankruptcy.

Firm will deliver a complete end-to-end managed service.

SPARK Logistics Company will meet the needs of investors.

Lucid Group to help make Aston Martin's luxury 'green' cars.

Japan Investment Corporation hopes to finalize the deal by December.

Will help to enhance efficiency of overseas operations.

The $15 million is located in Dammam area of the Kingdom.

The two firms will offer AI Digital Contact Centre Platform.

Hyundai will build a petrochemicals complex in the kingdom.

They will more than double Indonesia's BNCT's capacity to 1.4m TEUs.

Paris, France -- SAMI, a PIF-owned national defense and security organization of Saudi Arabia, has signed an agreement with Safran Helicopter Engines for engine maintenance and repair. The agreement includes technical assistance and qualification, development of technical infrastructure, and technical training for Saudi talents who will earn their top qualifications...

The total dividend of $241.63 million will be paid on July 19.

The German group will sell AirPlus to Sweden's SEB Kort Bank.