INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Saudi ministry signs hospitality, catering MoUs with 3 firms

Three MoUs were signed at Expo Hajj 2023. (SPA)
  • The MoUs were signed with Kadana Company, Lifestyle Development Company and Jusoor Al-Khaleej Company.
  • The investment ministry is keen to attract investments and enhance their flow into the national economy in various sectors, SPA reported.

Riyadh, UAE—Saudi Arabia’s Ministry of Investment has signed MoUs with three companies to develop and market investments in hospitality, tourism, catering services and entertainment activities besides cooperation in operating residential and commercial complexes.

The MoUs were signed with Kadana Company, Lifestyle Development Company and Jusoor Al-Khaleej Company at the Hajj and Umrah Services Conference and Exhibition “Expo Hajj 2023”, which is being held by the Ministry of Hajj and Umrah from Jan 9 – 12 in Jeddah.

The investment ministry is keen to attract investments and enhance their flow into the national economy in various sectors, SPA reported.

The ministry also provides investors the opportunity to learn about the promising opportunities for sectors and the advantages and incentives offered by it.