Emirates posts Dh3.6 billion H1 profit despite regional conflict
The group announced Dh66.2 billion revenue despite regional challenges and rising fuel costs in the first half of the 2026-27 financial year
Business
Saudi Arabia, Syria sign MoU to strengthen industrial cooperation and integration
Saudi Arabia and Syria signed a memorandum of understanding (MoU) to strengthen industrial cooperation and integration between the two countries.
Business
Saudi land port passenger traffic surges 7.2% to over 70.7 million in 2025
The number of arriving and departing passengers through Saudi Arabia's land ports increased by 7.2 percent to more than 70.7 million in 2025, while the number of registered and roadworthy vehicles reached over 16.7 million, according to the General Authority for Statistics (GASTAT).
Business
US commits $125m to new economic cooperation agreement with Egypt
The US has pledged $125 million to a new economic cooperation agreement with Egypt, marking the first bilateral Strategic Objective Agreement aimed at enhancing economic ties and supporting initiatives in various sectors such as water management and technology. The agreement seeks to leverage Egypt's strategic advantages to foster private-sector growth and create job opportunities while strengthening mutual prosperity between the two nations.