Tag: Projects

Aramco posts $28bn profit in Q3 as major projects advance  

RIYADH: Saudi Aramco reported third-quarter 2025 adjusted net income of $28 billion, up slightly from $27.7 billion a year earlier, as strong operating momentum...

Saudi Arabia tops GCC projects market in Q3: report  

RIYADH: Saudi Arabia led the Gulf Cooperation Council’s projects market in the third quarter of 2025 with $28.1 billion in contract awards, a new...

Nykaa projects mid-20% net revenue growth in Q2 due to early festive season

FSN E-Commerce, the parent of online beauty and fashion retailer Nykaa, said that its consolidated net revenue growth in the September quarter is expected to be at...

Suez Canal Economic Zone reports 38% revenue growth, secures $6.3bn in projects

RIYADH: The Suez Canal Economic Zone has attracted $6.3 billion in new investments across 155 projects over the past 14 months, while reporting record...

PIF signs MoU with Macquarie to boost Saudi infrastructure, energy transition projects 

RIYADH: Saudi Arabia’s Public Investment Fund signed a memorandum of understanding with Macquarie Asset Management to expand investments in infrastructure and energy transition projects,...

Saudi Arabia’s National Development Fund secures $1.3bn in credit facilities to boost development projects

Deals designed to enhance funding for key development projects across the Kingdom Two agreements signed with Al-Rajhi Bank and Arab National Bank RIYADH: Saudi Arabia’s National...

Bengaluru’s civic body should get its basics right before vanity projects: Experts

While large parts of the city still lack basic infrastructure and many projects remain stalled or incomplete, BBMP—without an elected council since September 2020—continues...

Adani Green decides to withdraw from $1 billion projects in Sri Lanka

Adani Green, the renewable energy arm of the Adani Group, has decided to withdraw from the proposed $1 billion wind farm and power transmission projects...

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Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

flydubai and Cyprus Airways have announced the launch of...

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...