BusinessLatest Business and Company Updates
flynas expands UAE presence with new routes
Saudi Arabia’s leading low-cost carrier, flynas, has significantly expanded its operations within the United Arab Emirates, marking a major development in regional air connectivity. This expansion adds Abu Dhabi, Sharjah, and Al Maktoum International Airport in Dubai to its growing network, enhancing air travel options between Saudi Arabia and the
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Arqaam Capital Intensifies ECM and DCM Push Amid Gulf Deal Boom
Arqaam Capital is stepping up its equity capital markets, debt capital markets, and loan syndication operations in response to an upswing in transaction volume across Saudi Arabia and the UAE, positioning itself as a more prominent regional player.The Dubai‑based financial
ADNOC Drilling Wins Fifth Major Deal in Oilfield Push
ADNOC Drilling has clinched a five-year oilfield services contract from ADNOC Onshore, valued at up to $800 million, with operations scheduled to commence in the third quarter of 2025. Although the contract's full value hinges on the volume of services
Heat Wave Puts US Power Grid Under Severe Strain
Soaring temperatures across the Mid-Atlantic and Midwest regions of the United States are placing unprecedented pressure on the country’s largest power grid, prompting concerns over potential outages and the grid's ability to meet the surging demand. As millions of Americans