The kingdom’s capital city Riyadh will host eight stadiums, including the new King Salman Stadium, which will accommodate over 92,000 spectators
Despite a decrease in total gains to Dhs2bn, attributed to the de-recognition of PureHealth in 2023 and the adoption of corporate tax in the UAE, the group’s overall net profit remained strong
The agreement covers the Rolls Royce Trent 700, International Aero Engines V2500-A5 and CFM LEAP-1A engine platforms
In addition to international sporting events, the new stadium will host other entertainment, cultural, and social events
The talks, if successful, would create one of the world’s largest free trade areas worth $2.4tn
Covering more than 660,000 square meters, the stadium will serve as the home ground for Saudi Arabia’s national soccer team
Investors from the Middle East bring cash and expertise to such projects
The world’s second-biggest bullion consumer slashed import duties on gold and silver to 6 per cent from 15 per cent
ESG reported a substantial revenue increase to Dhs640m, representing an impressive 140 per cent year-on-year increase
This multi-year agreement with Hamilton represents a significant milestone for CFI, aligning it with one of the biggest names in motorsport
The ranking marks a significant rise for the UAE, which has climbed from 62nd to 9th position, over the past 18 years
AW Shipping, ADNOC L&S’s joint venture with Wanhua Chemical Group, awarded shipbuilding contracts to Jiangnan Shipyard in China
The Flynas-Airbus deal announcement could come as early as this week’s Farnborough Airshow
In a statement posted late on Friday by Saudi Arabia’s airports company, Matarat Holdings, it confirmed that operations are back to normal
Jazeera Air has notified passengers of its operations being impacted in the ongoing global IT outage
The Germany capital city airport’s halt in operations comes as carriers, media companies, banks and telecoms firms around the world report system outages
A subsidiary of Saudi Arabia’s Public Investment Fund (PIF) has unveiled designs of Riyadh’s New Murabba Stadium.
The project will extend ADNOC Gas’ natural gas pipeline network in the UAE by about 300 kilometres
The agreement between the parties will be ratified at the IOC Session, which will be held on the eve of the Olympic Games in Paris
The UAE’s biggest lender by assets categorically denied that it is evaluating any possible offer for a stake in Yes Bank
A new report projects that Riyadh’s retail stock will expand by 28 per cent to 4.6 million square metres by 2026
The eVTOL firm’s commercial order pipeline is over 780 aircraft
The smart vehicle boasts several advanced features that improve the detection of road conditions and the inspection of traffic diversions
The platform’s extensive reach allows investors from multiple jurisdictions to participate in trading the Murban Crude oil futures
The banking group had QAR1.3tn in total assets in the six months ending June 30, a 5 per cent increase compared to the same period a year ago
Boeing became exposed to criminal prosecution after the US Justice Department in May found the company violated a 2021 settlement involving the fatal crashes
The fund sold a $1.25bn five-year portion at 80 basis points (bps) over US Treasuries and another $1.25bn 10-year tranche at 90 bps over the same benchmark
With global LNG demand expected to grow 50 per cent by 2030, ADNOC is tapping opportunities around the world including with US players
This strategic move aims to leverage DP World’s global network to enhance the market’s connectivity with 77 ports worldwide
The partnership aims to attract shipping companies to establish additional maritime routes and encourage cooperation through slot exchanges and vessel space purchases