ADNOC L&S acquires 3 LNG vessels
In April the company announced it will acquire two LNG vessels.dnata to invest $100m in green ops
dnata, global air and travel services provider, announced that it would invest $100 million in green operations in the next two years to further enhance environmental efficiency across its global network. The company’s ongoing investment in infrastructure, equipment and process improvement will support it to achieve its strategic objectives and...AFZ e-commerce grows 45 percent
The Free Zone announces this at Seamless Middle East 2022.Arada issues $350m Sukuk
The deal has been listed on the London Stock Exchange.DAMAC buys Swiss diamond jeweler
De Grisogono SA, a Swiss luxury jeweler filed for bankruptcy in 2020.ADX lists GFH Financial Group
The listing is set to expand GFH’s investor base and boost its share liquidity.ICD net profit $2.74 bn
The Group's revenue was AED 169.4 bn, up 24.5 percent.Agthia eyes KSA expansion
The company to set up a manufacturing facility in Jeddah.Arts DAO NFT drop on June 5
The drop is being created in partnership with NFT artist Kristel Bechara.ADNOC acquires drilling units
The two premium jack-up units will be operational in Q3 2022.East Pipes lands $131m deal
The firm will supply pipes to Saline Water Corporation.Fujairah Cement off Boursa Kuwait
The company has obtained approval of Capital Market Authority-Kuwait to do so.East Pipes’ revenues dip 36% to SAR597m
Saudi Arabia’s East Pipes reported a net loss of SAR3m during FY2022.Menarini opens office in Dubai
The Italian pharma giant is looking at expansion in MENA.ADC to start trading on ADX
The firm was established by ADQ and Chimera Investment.Al Seer buys two new ships
The firm, a subsidiary of IHC, acquired the vessels for AED246m.ACWA, OQ, Air Products sign pact
A green hydrogen-based ammonia production facility will be built in Oman.ENBD REIT rental income down 19.7 percent
Occupancy of its portfolio up 80 percent in the year ending 31 March 2022.ADNOC partners with BP, Masdar
The three firms will create green hydrogen and sustainable aviation fuel.Standard Chartered, flydubai sign deal
The Sale and Leaseback (SLB) agreement is for five new Boeing 737 MAX aircraft.Alpha Dhabi to invest in Borouge IPO
The conglomerate will invest $99 million as corner investor.Multiply to invest in Borouge IPO
The company to make this investment at the final offer price set by Borouge.Nayifat CEO resigns
Al-Sowailem resigned due to “personal circumstances."Emirates NBD, RSA sign agreement
The bank will distribute RSA Middle East's insurance products.Alpha Dhabi to invest $2.5 bn in Chimera
The fund will target investments in tech-enabled businesses.Yalla Group Q1 revenue is Dh 265m
Yalla is leading UAE-based voice-centric social media platform.Netflix lays off 150 employees
The growth of streaming service has slowed down in recent past.CB of Kuwait to digitize
The bank CEO said robots will play a major role in the future.Julphar Q1 sales up by 156 percent
Acquisition of Planet Pharmacies and growth in segment ops led to growth.IHC completes $2bn Adani deal
IHC to provide capital to Adani firms for green energy projects.Emaar Properties Q1 profits up 241%
The firm's revenues stand at AED 6.63 billion in the first quarter of 2022.McDonald’s to exit Russian market
The company will sell its business in the increasingly isolated country.e& buys stake in Vodafone
It bought a 9.8% stake for $4.4bn in the British firm.Aramco Q1 profit up 82%
Surge in oil prices benefited the world's most valuable company.DEWA posts AED691m profit
It posted 15% jump in revenue for Q1 to AED5.068 billion.AD Ports Q1 revenue up 15 percent
Net profit was up 41 percent year-on-year to AED306 million.Twitter executives exit, hirings halt
Kayvon Beykpour, a general manager, said he was ousted from the company.TAQA Group’s Q1 income up 37%
The company reported financial results for 3 months ended March 31Amanat reports 39% growth
Amanat recorded a total income of AED46.9 millionFertiglobe revenue grows by 118 percent
The company raised its H1 2022 dividend guidance to at least $700 million.Emirates, Jafza sign MoU
They will explore ways to offer travel incentives to SMEs.SABIC posts 33% rise in profit
The chemical giant of KSA has posted SR6.47bn profit in Q4.Siemens profits down in Q2
Russia sanctions have cut the company's earnings by 600m eurosAir Arabia Q1 profit at $79.24m
The profits were up 756% compared to $9.26 million in 2021.Disney profit slips in Q1
The company’s streaming service gained 7.9 million more subscribers.IHC doubles its profit in Q1
The Abu Dhabi company has posted $970m profit.Alpha Dhabi Q1 net profit $773m
Revenues stood at AED8.17 billion, a year-on-year increase of 700 percent.Toyota posts record net profit
The growth was helped by strong sales and a cheaper yen.Arada awards two deals
Under the $125.23m contracts, a residential district will be built at Masaar.Nintendo profits rise as demand booms
The rise is also attributed to the popularity of the Switch.


















































