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Saudi Aramco makes second highest profit on surging oil prices

Key Saudi Arabian oil site attacked, sending crude prices surging above $71

A storage tank in the Ras Tanura terminal was attacked by a drone while a missile also landed near a residential compound for Saudi Aramco employees in Dhahran

Saudi missile 2

Five civilians injured, property damaged in missile attack in Saudi’s Jazan

The military projectile, launched from Yemen, fell on a public street in the Saudi city

Video: Saudi forces destroy missile targeting ‘civilians’ in Riyadh, debris damages house

The kingdom also intercepted and destroyed six armed drones targeting the southern region, Jazan and Khamis Mushait

Saudi forces intercept another drone attack targeting Abha airport

This is the third armed drone attack targeting Abha airport in recent days

Saudi drone attack Abha

Saudi forces intercept three drone attacks targeting civilians

Two drones were launched towards Khamis Mushait on Sunday, and a third was destroyed on Monday morning

Saudi forces destroy another armed drone launched towards Abha airport

An attack at Abha International Airport on Wednesday, February 10, resulted in a civilian plane catching fire

Saudi forces destroy four armed drones launched from Yemen targeting ‘civilians’

The four ‘bomb laden’ UAVs were launched towards the southern region of the kingdom on Sunday

Evian Middle East introduces new label-free, 100% recycled water bottle

Evian seeks to become a ‘fully-circular’ brand by 2025

Over $1bn piled into MENA-based startups in 2020

The UAE, Egypt and Saudi Arabia accounted for 68 per cent of the total deals disclosed in 2020

Blasts at Yemen’s Aden airport as new ministers arrive from Saudi

Eyewitnesses said they heard three blasts and gunfire at the airport

Investment lessons: Outbound Middle East capital seeks emerging asset classes

The considerable levels of dry powder available across the Middle East is expected to target diversification opportunities and long-term higher returns

Citigroup names Antonios as first female head of MENA business

She will continue as country officer for the UAE, a role she assumed in 2016

Saudi forces destroy armed drone targeting ‘civilians’ in the kingdom

Saudi has seen a string of attacks launched by the Houthis in recent months

Abu Dhabi sheikh buys stake in Israel’s Beitar soccer club

The money will be used to invest in the club’s infrastructure as well as help purchase players

How digital transformation can prove to be a catalyst for rebooting MEA economies

Organisations will need to examine their business closely and give digital transformation a whole new meaning

FedEx Express launches new route between UAE and Israel to strengthen ties

The route will support customers, particularly small-to-medium enterprises

Turki Al Malki, Saudi coalition

Saudi forces destroy armed drone launched towards civilian targets in the kingdom

The attack, launched on Wednesday, targeted the kingdom’s southern region

Exclusive: UAE-Israel Business Council co-founders on what comes next after the peace deal

The peace deal will alter the bilateral economic landscape and much more, opine co-founders Fleur Hassan Nahoum and Dorian Barak

Tesla Electric Vehicle

The rise of electric mobility in the Middle East – time to make the switch?

The International Energy Agency’s Global EV Outlook 2020 report found that sales of electric vehicles topped 2.1 million globally in 2019

Ghosn says French investigators will quiz him in Lebanon in 2021

Ghosn was arrested in Tokyo almost two years ago and escaped to Lebanon in December

Dubai’s Emirates to operate A380 to Amman from November 4

Customers can fly the Emirates A380 from Dubai to Amman thrice a week

World Bank sees 5.2% contraction in MENA, in line with IMF

The dual shock of lower Brent prices and the coronavirus pandemic this year has taken an especially heavy toll on the region

Bahrain, Israel sign historic joint communique to establish diplomatic relations

Bahrain became the second Gulf nation to establish full diplomatic relations with Israel

Talabat to launch operations in Iraq

The company will initially launch operations in Erbil, Iraqi Kurdistan early next year, before expanding into Federal Iraq

Israel’s cabinet approves UAE pact as leaders plan meeting

No date or venue was given for the leaders’ meeting

Ericsson R&D hub in Egypt ships first locally-developed AI software

Cognitive software reduces complexity in network operations

Turki Al Malki, Saudi coalition

Saudi intercepts another armed drone attack ‘targeting civilians’

Bomb-laden drones were launched towards the kingdom’s southern region on Saturday and Sunday

LaLiga TwentyNines

Barceló Hotel Group and La Liga partner for new sports bar concept in MENA

The concept will be a technological integration of gastronomy, entertainment, football, and other sports in an interactive environment

Israel seeks 100,000 UAE tourists a year after landmark pact

A record 4.5 million tourists visited Israel in 2019

Turki Al Malki, Saudi coalition

Saudi forces destroy armed drone targeting kingdom

The UAV was destroyed in Yemeni airspace