The energy company will pay US$462 million for the buyout.

It is expected to propel Qatar as an investment hub.

At list prices, the Airbus deal is worth $3.3bn and Boeing's $1bn.

Signs agreement with GE Aerospace and Safran Aircraft.

VLCCs carry almost 2 million barrels of crude per voyage.

The move fits in with its plan to reorganize business operations.

ADIB will facilitate the opening of Shariah-compliant bank accounts.

Lifera is a development and manufacturing company.

The partnership involves Tata Power Renewables, Princeton Digital.

Credit Agricole Egypt is a subsidiary of Credit Agricole Group.

Results were due to a fall in insurance services expenses.

Jamjoon Pharma IPO was launched on May 25 at SAR 60 per share.

It will provide health insurance to SABIC staff and their families.

Bicycle Capital is a growth equity firm focusing on startups.

Beijing had banned its chips from critical infrastructure projects.

Insurance services results in Q1 improved by US$55 million.

Stora Enso plans to permanently close four units in Europe.

JV to develop accommodation project in Abu Dhabi island.

This facility replaces an existing partially utilized term loan of the same amount.

SABIC's board cleared an 18 percent cash dividend at $0.48 per share.

The merger will lead to network investment of £11 billion over 10 years.

The joint venture will invest in Japanese multifamily property.

Aim is to enhance trade between the UAE and Kazakhstan.

The company had failed to secure new funding, the administrators said.

The new unit is headed by former SVB UK boss Erin Platts.

The contract's impact will show in the firm's Q3 financials.

The firm led the funding in River, which manufactures electric two-wheelers.

It will slash up to 8,000 jobs in order to reduce costs.

It won US$975mn artificial island construction contract.

The firm attributed the figures to strong sales which reached $8.15bn.

With a 22% stake, it is now the biggest stakeholder in the firm.

The plan will boost Abu Dhabi's tourism market.

The SAR 3 per share dividend will be paid on 31 July.

More than 1.35 billion shares of the energy distribution firm were listed.

The acquisition is expected to complete by early 2024.

The Saudi wealth fund will acquire a 30% stake in the gorcery chain.

The Middle East headquarters has been set up in Riyadh.

The net profit increased by 79 percent over Q1 2022.

Under NYSE rules, shares must trade for at least $1 for 30 consecutive days.

The issue is part of the SAR 20 billion local sukuk program.

This implies a market capitalization of $888 million.

The company will follow it up with a listing on QSE.

The cash dividend of SAR1.50 per share will be paid for H1 2023.

The five-year financing was secured by promissory notes.

Compared to the last quarter of 2022, net profit fell by 1.4 percent

The company had posted a loss of 3.2 million riyals the previous year.

Some 207mn shares will be on QSE through direct listing.

With Europe off limits, Gazprom has turned toward Asia.

Meta had purchased Giphy in May 2020 for $315 million.

The firm's net profit in Q1 2022 was $1.57bn versus $46m in Q1 23.