BHM Capital reports 41% jump in Q3 net profit on strong client growth

DUBAI – BHM Capital Financial Services P.S.C. announced strong financial results for the third quarter of 2025, driven by balanced performance across its business lines and significant growth in its client…

NNR November 12, 2025

MENA

Orascom’s Weitz breaks ground on Four Seasons resort in Colorado’s Telluride

MOUNTAIN VILLAGE: The Weitz Company, a U.S. subsidiary of Orascom Construction PLC, has begun construction on the Four Seasons Resort and Residences Telluride, a landmark luxury development in Colorado's renowned ski…

NNR October 27, 2025

MENA

Saudi Arabia’s Almasar to Float 30% Stake in Tadawul IPO Following CMA Approval

RIYADH: Almasar, the Amanat Education platform, announced plans to proceed with an initial public offering (IPO) of 30,720,400 ordinary shares—representing 30% of its total issued share capital—on the Saudi Exchange…

NNR October 27, 2025

MENA

First Abu Dhabi Bank posts record nine-month profit of $4.36 billion, confident on 2025 targets

ABU DHABI: First Abu Dhabi Bank (FAB), the United Arab Emirates' largest lender, reported on Wednesday a 24% rise in nine-month net profit, driven by higher revenue across its businesses…

NNR October 22, 2025

MENA

ADNOC L&S to build $300 million UAE chemicals port in 50-Year TA’ZIZ deal

ABU DHABI: ADNOC Logistics & Services (ADNOC L&S) has signed a 50-year strategic agreement with chemicals producer TA'ZIZ to establish the United Arab Emirates' first dedicated chemicals port in Ruwais,…

NNR October 9, 2025

MENA

Active Energy Group signs heads of terms for 300 MW UAE renewable infrastructure pipeline

Renewable energy sources ABU DHABI: Active Energy Group plc (AEG), a UK-based alternative energy company, announced Wednesday it has signed Heads of Terms with a third-party for the initial phase…

NNR October 1, 2025

MENA

Rapid7 establishes UAE entity and data localization in major regional expansion

DUBAI: Cybersecurity firm Rapid7 Inc. (NASDAQ: RPD) announced on Wednesday the launch of a local entity and a United Arab Emirates-based instance of its security platform, a strategic move underscoring…

NNR October 1, 2025

MENA

Kuwait plans 14 GW power expansion by 2031 to meet soaring demand

KUWAIT CITY: Kuwait will add 14.05 gigawatts of electricity generation capacity by 2031, the energy minister said Saturday, as the Gulf state races to meet surging demand and avoid future…

NNR September 28, 2025

MENA

Saudi Arabia’s MODON launches region’s first multi-story factory in Dammam

DAMMAM: The Saudi Authority for Industrial Cities and Technology Zones, known as MODON, has launched a landmark project in Dammam’s First Industrial City: the Multi-Story Factory, the first of its…

NNR September 23, 2025

MENA

Dar Global to acquire prime Jeddah land for SAR 2.4 billion luxury mixed-use project

Dar Global PLC said on Monday it has signed an agreement with Dar Al Arkan Real Estate Development Company to acquire a prime land parcel in Jeddah, Saudi Arabia, for…

NNR September 8, 2025

London Stock Exchange MENA

DP World posts strong H1 2025 results amid global trade disruptions

Cash generated from operations surged to $2.63 billion, up 25.6% from the prior year DUBAI: DP World reported robust financial results for the first half of 2025, with revenue rising…

NNR August 14, 2025

MENA London Stock Exchange

Saudi Aramco posts $50.9bn H1 profit amid market volatility; Maintains 100% supply reliability

Energy giant advances upstream projects, boosts AI capacity and renewables, declares $42.7 billion in dividends despite lower crude prices RIYADH: Saudi Aramco (2222.SE), the world’s largest oil exporter, reported a…

Ali Mirza August 5, 2025