Saudi food and beverage manufacturing major Almarai has recorded solid results for Q2 despite the shipping woes and regional pressures. Its revenue surged 11% y-o-y to hit SAR5.87 billion ($1.54 billion) driven by resilient supply chain and robust demand across its core sectors.
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International Resources Holding (IRH), the Abu Dhabi-based natural resources investment platform and an IHC Group company, and Adani Enterprises Limited (AEL), the flagship company of the Adani Group, on Thursday signed an MoU with India's Government of Odisha to develop an integrated greenfield aluminium project.
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Dubai on Thursday launched the Dubai Digital Twin Platform, which represents a new strategic milestone in the emirate's digital transformation journey.
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The US and Iran held indirect technical talks in Doha on Wednesday as they seek to agree on the flow of shipping through the Strait of Hormuz and secure a lasting ceasefire, a source with direct knowledge of the talks and an Iranian official said.
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AI could soon choose what we buy; sustainability has shifted from nice-to-have to non-negotiable; and second-hand shopping is rapidly becoming mainstream, according to new DHL eCommerce research.
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Dubai has announced plans to develop several landmark projects at a total investment of AED18 billion ($4.9 billion), covering infrastructure, culture, trade, investment and urban development, as the emirate seeks to support long-term economic growth and improve quality of life, said a report.
Leading petrochemical company Sipchem has announced that work has been fully completed on the expansion project at the ethylene cracker plant operated by one of its key ventures, the Saudi Ethylene and Polyethylene Company (SEPC), and now its trial production has begun.
DP World today announced the launch of Egypt's first fully integrated Logistics Distribution Centre (LDC) at Sokhna Logistics Park, marking a significant milestone in the country’s logistics sector.
Artificial intelligence is evolving faster than scientific understanding and governments' ability to regulate it, creating growing risks that require urgent global action based on a shared scientific evidence base, a landmark United Nations report warned.
The Saudi Power Procurement Company (Principal Buyer) has prequalified 27 leading developers including global utility majors EDF, Kepco and Marubeni as well as regional heavyweights Masdar and Acwa for its second group of Battery Energy Storage System (BESS) projects with a total capacity of 12,000 MWh.
Qatar attracted $3.4 billion in FDI capital expenditure (capex) across 373 projects that generated 15,051 new jobs, according Invest Qatar’s 2025 Annual Report.
In a world increasingly shaped by supply constraints, the GCC is shifting from a beneficiary of scarcity to a provider of the energy, capital, and infrastructure that underpin global growth, says a new BlackRock report.
IHC, a global investment company focused on building dynamic value networks, continued to execute its strategy of disciplined investment, portfolio expansion and active value creation across its diversified portfolio of businesses in the second quarter of this year.
Riyadh Air, Saudi Arabia's new national carrier and a subsidiary of the Public Investment Fund, has announced the addition of two new destinations to its growing network, launching ticket sales for flights linking Riyadh with Málaga (Spain) and Kuala Lumpur (Malaysia).
Saudi Arabia's Red Sea International Company said it has completed regulatory approvals and received handover of a 63,088 sqm prime plot of land in Madinah, thus marking the start of its contractual obligations under a 50-year lease agreement with the municipality.
Seven Opec+ members have agreed to raise oil production by 188,000 barrels per day in August 2026 as part of a gradual adjustment to the additional voluntary output cuts introduced in April 2023.
Air Arabia, a low-cost carrier in the Middle East and North Africa, launched its new double daily non-stop service between Sharjah International Airport and London Gatwick Airport. The inaugural flight departed on July 4.
Bilateral trade between India and Russia has reached a record high of nearly $70 billion, driven primarily by Russian oil and fertilizers exports as well Indian pharma products, thus reflecting the growing scope of economic ties between the two countries, a senior Indian government official said.
Artificial intelligence is evolving faster than scientific understanding and governments' ability to regulate it, creating growing risks that require urgent global action based on a shared scientific evidence base, a landmark United Nations report warned.
Mabani Aljazeera Holding Group, a leading Saudi construction and investment company, has announced plans to invest in Jabali Towers located at the heart of Tatu City SEZ in Kenya. A premier mixed-use project, it features a mix of studios and one- to three-bed apartments as well as premium amenities.
Researchers at Johns Hopkins Medicine and the Johns Hopkins Bloomberg School of Public Health in the US have developed an experimental therapeutic DNA vaccine for tuberculosis (TB) that is delivered through the nose, said a report.
GEMS School of Research & Innovation (SRI) has launched its Motorsport Academy aimed at developing future champions on and off the track.
MAIR Group, a strategic investment company focused on grocery retail and commercial real estate, is set to redevelop and expand its key retail asset, Mall of Al Ain, in Abu Dhabi, adding hotel facilities and upgrading the property's retail, dining, entertainment and public spaces.
Bilateral trade between India and Russia has reached a record high of nearly $70 billion, driven primarily by Russian oil and fertilizers exports as well Indian pharma products, thus reflecting the growing scope of economic ties between the two countries, a senior Indian government official said.
Visa has launched the Visa Threat Intelligence Platform (VTIP), a new solution that helps financial institutions detect and respond to cyber threats that can lead to fraud and financial loss, leveraging the same cybersecurity capabilities Visa uses to protect its own global network.
GEMS School of Research & Innovation (SRI) has launched its Motorsport Academy aimed at developing future champions on and off the track.
Multiply Media Group (MMG), the UAE-headquartered Out-of-Home media powerhouse and a subsidiary of 2PointZero Group, today announced its expansion into Saudi Arabia through a strategic partnership with Cenomi Centers, Saudi Arabia's leading owner, operator and developer of contemporary lifestyle centres.
Thales, a global leader in defence, aerospace sectors, in partnership with Omani contractor Ankaa, has been awarded a contract by the Oman Civil Aviation Authority (CAA) to deliver its latest-generation Tracsigma primary surveillance radar and two RSM NG secondary surveillance radars.
