Articles
Oman records budget surplus of $1.7 billion in first half of 2023
The country's net oil revenue rose 2% year-on-year during the first six months
Saudi Arabia's Ma'aden reports profit slide on lower sales prices
Mining company says average selling prices of all products except gold fell during the second quarter of this year
Dewa selects Masdar to build next phase of world's biggest solar park
The 1,800MW phase of the Mohammed bin Rashid Al Maktoum Solar Park will become operational in stages, starting from the fourth quarter of 2024
Air Arabia posts record rise in second-quarter profit
The airline carried 3.8 million passengers, a 37 per cent annual increase, during the second quarter
Al Ansari profit slides on higher depreciation charges
Company board approves minimum dividend payment of $163 million
Aramex's Q2 profit falls as revenue declines on lower volumes
Logistics company to remain focused on reducing costs and improving efficiency, chief executive says
New destinations set to boost Etihad Airways' expansion push
Airline will add two new routes in India, to Kozhikode and Thiruvananthapuram, in January 2024
Global passenger traffic 'hit 94% of pre-Covid levels' in June
Travel demand continues to outpace capacity growth as supply chain problems keep carriers waiting for new planes and spare parts
Oman Air approves major restructuring programme to stem losses
Airline also considering integration with Omani's SalamAir under four-year plan
Jazeera Airways' second-quarter profit climbs 12%
Budget airline's revenue rose 18% in the three-month period amid strong demand for air travel
ADQ and Safe Haven launch greenhouse project to bolster food security
Scheme to use advanced technology to sustainably cultivate tomatoes and cucumbers year-round
Saudi Arabia's PIF launches new fitness company targeting women's well-being
Kayanee aims to reach more one million consumers
In boon to expansion push, Al Ansari secures approval for Oman acquisition
The move is in line with the Dubai-listed company's expansion plans to grow its market share in the Gulf
Reform delays threaten to plunge Lebanon into darker depths
Country has been struggling with financial meltdown since 2019, as political deadlock prevents overhaul
Adnoc to acquire 30% stake in Azerbaijan's Absheron gasfield
State oil company Socar and France's TotalEnergies will each hold a 35% stake
