Abu Dhabi-based global investment company announces merger
Abu Dhabi's IHC (International Holding Company) has announced plans to merge three of its companies into a single investment valued...
Julian Amani, Business correspondent
Saudi Arabia and India hold talks over petrochemicals
A bilateral meeting was held between Saudi Arabia and India in a bid to boost cooperation in the chemicals and...
Alibaba’s Cloud launches second data centre in Dubai Â
Chinese e-commerce company Alibaba’s cloud business launched its second data centre in Dubai on October 14, reports Reuters. In a...
Saudi Aramco CEO says it can sustain 12 million bpd
Saudi Aramco can maintain crude oil production at 12 million barrels per day (bpd) for a year without incurring additional...
HP opens new manufacturing facility in Saudi Arabia
Information technology company HP has opened its new manufacturing facility in Riyadh, Saudi Arabia, and confirmed an AI R&D Center...
Saudi Aramco acquires additional stake in Petro Rabigh
Saudi Aramco has completed the acquisition of a 22.5 per cent stake in its refining and petrochemicals joint venture Petro...
Contract awarded for 1.5 gigawatt solar plant in UAE
Emirates Water and Electricity Company (EWEC) has awarded Abu Dhabi’s renewables developer, Masdar, and France’s Engie a development contract to...
Turkish Airlines enters cooperation agreement with Algerian Airlines
Turkish Airlines, and Algeria’s national airline, Air Algérie, have signed a memorandum of understanding (MoU), according to the Anadolu Agency...
Saudi Aramco halts expansion plans for chemical projects
Saudi Aramco has halted expansion plans for three chemical projects due to weaker oil prices holding back local spending, according...
UAE railway operator inks memorandum for transport boost
UAE’s national railway network operator Etihad Rail has signed a memorandum of understanding (MoU) with United Trans and Via to...
Libya and UAE eye resumption of direct flights
The United Arab Emirates and Libya have been in talks to revive direct flights between the two countries, according to...
UAE’s PureHealth acquires 60% of Greek healthcare group
Abu Dhabi-based PureHealth has completed the acquisition of its majority stake in Hellenic Healthcare Group (HHG), according to the Financial...
World Bank raises growth outlook for MENA region
The World Bank has increased the Middle East and North Africa’s 2025 economic growth forecast to average 2.8%, up from...
Moroccan watermelon exports to EU record over $200 million in revenue
Morocco was the third-largest supplier of Watermelons to the European Union during 2024/25, according to Moroccan government-friendly outlet, The North...
Vodafone Qatar inks memorandum of understanding for sales boost
Dohatna Innovation Distribution, which is a subsidiary of Ali Bin Ali Holding, and Vodafone Qatar inked a memorandum of understanding...
