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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.
  • Abu Dhabi, UAE--AD Ports Group has signed a 25-year agreement with the Singapore-based company Crystal Offshore, a recognised one-stop logistics solution provider to the marine & offshore Industry. Under the agreement’s terms, a 20,000 square metre plot of land and an associated quay wall in Khalifa Port will be allocated...
  • QatarEnergy signs production sharing contract for Agua-Marinha block in Brazil

    Doha, Qatar--QatarEnergy, and its joint-venture partners TotalEnergies, Petrobras, and PETRONAS Petroleo Brasil Ltda. (PPBL) has signed the production sharing contract (PSC) for the Agua-Marinha block. The contract was awarded to the consortium on 19 December 2022 in the 1st Cycle Permanent Offer round by Brazil's National Agency of Petroleum, Natural...
  • Binance to buy rival FTX

    No financial terms were disclosed of the proposed deal.
  • Israeli court clears way for Lebanon maritime border deal

    Jerusalem, Undefined—Israel's Supreme Court on Sunday paved the way for the signing of a maritime border deal with Lebanon, after it rejected appeals that the pact requires parliamentary approval. The signing is expected later this week. Israel and Lebanon, who are technically at war, agreed to terms earlier this month on...
  • What Gulf netizens searched for in 2021?

    Google's yearly report of top trending searches reveals the most popular keywords and topics across different categories, such as 'How to' or 'the most searched recipes'.
  • Emaar EC reschedules SR976m loan with SABB

    Emaar EC has signed a rescheduling agreement with the Saudi British Bank revising the terms of SR976.25 million Shariah-compliant outstanding long-term Tawarruq facility.
  • CBUAE to start new terms for credit and liquidity facilities

    The Central Bank of the UAE will introduce a new set of terms and conditions for its standing credit and liquidity insurance facilities.