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TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

Abu Dhabi most liveable city in Middle East

    • The Economist Intelligence Unit’s Global Liveability Index ranks 140 most liveable cities in the world

    • Abu Dhabi’s top rank attributed to the government’s social and economic development

    The UAE capital Abu Dhabi moved up seven places in the 2021 global quality of life ranking and was named as the most liveable city in the region for the second year in a row.

    Abu Dhabi’s ranking on the Global Liveability Index 2021, issued by The Economist Intelligence Unit (EIU), which is the research and analysis division of Economist Group, is being attributed to the government’s social and economic development and successful response to the challenges of the pandemic, particularly in the health sector, which saw city record the best response to COVID-19 in the world earlier this year. 

    The index surveys the 140 most livable cities in the world according to 30 factors such as level of luxury and comfort of living, stability, quality of healthcare, culture and environment, quality of education and infrastructure. 

    Abu Dhabi retained the top spot in the Arab world, followed by Dubai, as the best city to live in the Middle East, despite the global challenges imposed by the pandemic that affected the ranking of cities in terms of quality of life in these cities, which resulted in a decline in the ranking of some European cities that are included in the index.