INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

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

Future looks bright as businesses meet sustainability

"In Sharjah, we are working hard to bring more balance and harmony to our relationship with the land" she adds,...
  • Sustainability and entrepreneurship is crucial in building a resilient and regenerative world, says Sheikha Bodour Al Qasimi, President of American University of Sharjah
  • The awareness and commitment to be mindful of our impact on the planet should extend far beyond COP28, she adds while speaking at the Sharjah Ramadan Majlis 2023

UAE’s health sector witnesses digital transformation

The Gulf country has an influential and effective international presence and continues to fulfil its obligations in enhancing the efficiency...
  • The UAE supports digital transformation, artificial intelligence, and big data in healthcare worldwide, says UAE's Minister of Health and Prevention
  • The country ranked first in the world in 14 health indicators in 2022, adds Abdul Rahman bin Mohammad bin Nasser Al Owais on World Health Day

New deal to transform Dubai into a Global Music City

The MoU aims to strengthen the emirate's creative economy and support entrepreneurs, individuals, and the local music and artistic production...
  • Dubai Culture has forged a strategic alliance with Music Nation Copyrights Management and DGMC Production to propel the emirate's music industry to worldwide recognition
  • The partnership aims to ensure that these business structures bolster the success of local industries while leveraging the expertise of Music Nation and DGMC, says an official

Arab women embrace technology, innovation

Initiatives such as STEM and Women in Tech are crucial in bridging the gender gap and empowering women to drive...
  • Arab countries are fostering a progressive environment for women, enabling them to participate in economic and technological transformations, says an expert
  • Noha Kadry, Regional Program Manager at Red Hat Academy, highlights the significant strides women have made in tech industry, leading firms and inspiring others

Rise in legal awareness leads to fewer labor disputes

An improved awareness of laws among companies and individuals, as well as successful awareness campaigns conducted by ADJD in collaboration...
  • Abu Dhabi sees a 40% drop in labor disputes in 2022 compared to 2021, thanks to increased legal awareness and successful campaigns by the Abu Dhabi Judicial Department
  • The efficient handling of labor disputes in the labor court and the advancement of legal procedures in labor cases have contributed to enhancing economic stability of the UAE

Improving ICT infrastructure and digital skills to bolster tourism in Emerging Asian economies

The pandemic changed tourist preferences, with greater interest in local travel, nature destinations, and wellness tourism. It also heightened awareness...
  • Tourism is beginning to rebound as restrictions implemented in response to the COVID-19 pandemic have been lifted, says an OECD report
  • The post-lockdown reopening of China will serve to counterbalance and provide a necessary economic boost for the region, it predicts

GCC smart home market set to hit US$1.88bn by 2028

Government initiatives and rising incomes are driving growth in the market, along with increased demand for indoor temperature control and...
  • Government initiatives and rising incomes are driving growth in the market, along with increased demand for indoor temperature control and security systems, says a report
  • Rapid advancements in the sector have led to increasing availability of advanced control and connectivity applications that users can integrate into smart homes, it adds

SWFC to boost Canada-UAE investment partnership

The SWFC will help identify opportunities for strategic capital collaboration and thought leadership between Canadian Public Pension Funds (PPFs) and...
  • The Canada-UAE Sovereign Wealth Fund Council aims to harness synergies between Canadian Public Pension Funds and UAE Sovereign Wealth Funds in global markets
  • Designed to offer an investment collaboration framework with a more dynamic and flexible structure, the SWFC will benefit Canada and the UAE as two key investment allies

Historic indictment: Trump becomes first former US president to face criminal charges

A New York grand jury has indicted former US President Donald Trump over hush money payments made to porn star...
  • A New York grand jury has indicted former US President Donald Trump over hush money payments made to porn star Stormy Daniels during his 2016 campaign
  • This makes Trump the first former US president to face criminal charges, potentially disrupting his aspirations to regain office in the current presidential race

Emirati, regional leaders wish new UAE VP, Abu Dhabi Crown Prince, deputy rulers success in their roles

The decision of the UAE President Sheikh Mohamed bin Zayed Al Nahyan to name Tahnoun bin Zayed, who is the...
  • Qatar's Emir Sheikh Tamim bin Hamad Al Thani was the first among regional leaders to congratulate the UAE President on the move
  • The UAE leaders meanwhile, also appreciated the latest decisions of Sheikh Mohamed bin Zayed and congratulated the new appointees

GCC unveils strategic vision for regional stability

For the first time in its 43-year history, the bloc has set a strategic vision that prioritizes diplomacy and dialogue...

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ICC pledges to intensify war crime investigations in Israel and Gaza

ICC Chief Prosecutor Karim Khan has vowed to ramp up efforts in investigating war crimes in the Israeli-Palestinian conflict, highlighting...

$656 million committed to Loss & Damage Fund so far

The fund will be housed in the World Bank for four years, a decision accepted by developing nations despite concerns...

UAE President announces $30bn Global Climate Fund at COP28 meet

In a groundbreaking announcement at the World Climate Action Summit during the UN Climate Change Conference (COP28), UAE President Sheikh...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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COP28 offers a chance to rethink, reboot and refocus

COP28 UAE provides a crucial chance to reevaluate and intensify efforts, as experts urge pragmatic energy transition strategies to meet...

Water stress levels vary in Arab countries

Some countries face more intense competition for water resources, leading to potentially severe environmental impacts. The contrast underscores the diverse...
  • The region needs to develop and implement sustainable water management strategies to mitigate the growing water scarcity and its potential impacts.
  • The high stress levels in GCC, in particular, highlight an urgent need for these nations to develop and implement sustainable water management strategies.

China announces 25 measures to aid private businesses

Beijing, China - China's central bank and several government agencies unveiled 25 new measures Monday to support private economy. These...
  • These initiatives aim to diversify financial avenues for private businesses, marking a continued effort to bolster the private sector
  • These initiatives aim to diversify financial avenues for private businesses, marking a continued effort to bolster the sector crucial for the country's economic progress.