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Retail
Masar signs $82m land deal
Agreements signed with Abdulmohsin Al Rossais & Sons Group.
Borouge okays $656m dividend
The company said dividend reflects its resilience
DEWA posts record H1 profit
Revenue reaches record $4.04 billion.
Tabreed H1 revenue $308m
Blurb: Profit reaches $52 million in H1
ADNOC L&S to expand fleet
It will acquire 11 carriers for $1.3bn.
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Fitch sees Saudi fiscal pressure persisting through 2029
UAE, Tanzania launch Green Silk Road food corridor
Yemen fighting intensifies as Houthis target Aden, Saudi airports
US tightens Iran sanctions and warns foreign banks of penalties
UAE outward investment reaches $63.4 billion as global footprint expands
Yemen forces retake Mokha as Houthi war widens regional tensions
GCC outward workers’ remittances reach $161 billion in 2025
Google restricts free access to Gemini AI models
Yemen government reports 1,122 attacks on Houthis, seeks international support
Google launches Project Suncatcher satellite to test solar-powered AI computing in space
Black Friday is a $74bn opportunity for MENA retail. But is it losing sheen by ‘blindly copying’ the West?
The expected injection of billions of dollars into the retail business through sale of varied items can turn out to be a much-needed boost for a sector experiencing "sales fatigue."