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

Barakah’s Unit 3 enhances UAE’s bid to cut emissions

"We utilise all forms of clean energy to cut carbon emissions and mitigate the worst impacts of climate change. The...
  • The start of commercial operations for Unit 3 of the Barakah Nuclear Energy Plant marks another accomplishment in generating abundant clean electricity to the national grid
  • The plant will also prevent millions of tons of carbon emissions annually, said Mariam bint Mohammed Almheiri, the UAE’s Minister of Climate Change and Environment

Qatar’s 2022 budget records surplus of US$24.45bn

At the time of the approval, the budget was estimated to hit a deficit of QAR 8.3 billion. "The deficit...
  • Qatar's budget surplus for Q4 of 2022 (October to December) was QAR11.6 billion, compared to a deficit of QAR3.3 billion in the same quarter of 2021
  • Total revenues for the quarter came in at QAR 65.1 billion, compared to QAR51.5 billion in the same period of last year

UAE-Azerbaijan trade advances significantly: Envoy

The bilateral ties between the two countries were further strengthened after the inauguration of the UAE Embassy in the Azeri...
  • The UAE and Azerbaijan have deep-rooted ties and are keen to expand their bilateral trade, says envoy Mohammed Murad Al Balushi
  • The bilateral ties between the two countries were further strengthened after the inauguration of the UAE Embassy in Baku in 2011, he adds

More firms set for listing on Qatar Stock Exchange

"The new listings will take place between March and April. Another group of companies will be listed in the venture...
  • New companies are about to be listed on Qatar Stock Exchange, including MEEZA and another start-up operating in the oil and gas services sector, says top official
  • The new listings will take place between March and April, adds Acting CEO of the QSE Abdulaziz Nasser Al Emadi on the sidelines of the listing of Dukhan Bank

Qatar, UAE lead Gulf region in governance, growth

TRENDS tries to look at where Arab countries stand in terms of politics, governance and economies, in the latest the...
  • TRENDS tries to look at where Arab countries stand in terms of politics, governance and economies, in the latest the Bertelsmann Stiftung’s Transformation Index
  • In past 10 years, the quality of democracy has declined in nearly one in five democracies, including in regionally important and once-stable democracies, the index points out

Embrace indigenous languages, urges UN expert

“Language rights are also important human rights matters for both minorities and indigenous peoples. Special Rapporteurs have already been critical...
  • States must be more inclusive in the treatment and use of minority and indigenous languages, says the United Nations Special Rapporteur on Minority Issues, Fernand de Varennes
  • Languages are essential tools to communicate and share knowledge, memory, and history, but they are also key to full and equal participation, he adds

‘Building strong professional army is the UAE’s goal’

Armed with science and knowledge, the heroes of this army, make the ultimate sacrifice for their homeland and are always...
  • Since the foundation of the Union, the UAE’s leadership has been working tirelessly to ensure security, stability, development and peace, says an official
  • The UAE has invested heavily in hosting military exhibitions and conferences, most prominent of which are the IDEX and NAVDEX, he adds

Quality finance crucial to deal with climate change

"We cannot neglect any element of the climate crisis, including its clear implications for international peace and security,” he adds....
  • Majid Al Suwaidi, Director-General and Special Representative of COP28, calls for catalyzing greater and higher quality climate finance for fragile and vulnerable communities
  • The UAE will host COP28 in Dubai from 30th November to December 12, which will include the first Global Stocktake to assess progress toward implementation of the Paris Agreement

New mechanisms to boost international cooperation in a multipower world, says WEF President Klaus Schwab

Regarding structural transformations to be witnessed in various vital economic sectors, Schwab says there will be about 10 billion people...
  • There is an urgency to develop new mechanisms that strengthen international cooperation in today’s multipower world, says WEF chief Klaus Schwab
  • Technological transformation and the Fourth Industrial Revolution will impact the world for years to come, adds Schwab while speaking at WGS 23

Private sector has potential to support govts, global organisations, says UNICEF Director

“Large numbers of boys and girls being out of school since the pandemic, failing to resuming their education as quickly...
  • The world needs massive attention across the public and private sector to efficiently address the successive crises besetting the globe, says a key UN official
  • Private sector must bring its core assets to the table to support the governments and international organizations, adds UNICEF Director Carla Haddad Mardini

‘UAE strengthens Gaza support with humanitarian aid’

“The activation of the maritime corridor is crucial. It will serve as an essential lifeline for the people of Gaza,...

Company News

Latest News

85 animals set free at Prince Mohammed bin Salman Royal Reserve

RIYADH, SAUDI ARABIA - The National Center for Wildlife, in cooperation with the Prince Mohammed bin Salman Royal Reserve released...

GCC leads in climate action despite fossil fuel reliance

The UAE, Saudi Arabia, and Qatar outperform 17 other countries in key areas of green investment, sustainable infrastructure, and energy...

Arab, Islamic leaders seek end to Israeli aggression

The Joint Arab Islamic Extraordinary Summit, held in Riyadh calls for an immediate ceasefire and the establishment of a just...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Sharjah looks to boost economic, investment ties with Uganda and Kenya

Sharjah, UAE-- In a groundbreaking move to strengthen ties with burgeoning markets in Africa, the Sharjah Exports Development Centre (SEDC)...
  • In order to boost trade with Uganda and Kenya, the Sharjah Chamber of Commerce and Industry (SCCI) will dispatch a trade mission to the African countries
  • The trade mission will explore ways to enhance development and foster stronger ties as part of the chamber's commitment to supporting the local business community

Crisis escalates in Gaza as medical supplies dwindle

The humanitarian situation in Gaza reaches a critical point as medical supplies run low and the Al-Awda Hospital faces closure...
  • The humanitarian situation in Gaza reaches a critical point as medical supplies run low and the Al-Awda Hospital faces closure due to a severe fuel shortage.
  • With the international community's eyes upon them, urgent calls for aid and intervention are being made amidst the ongoing Israeli-Palestinian conflict.

‘Gulf nations should unite for Palestinian cause’

"Our stance on the Palestinian issue is unequivocal. The Palestinian people's right to resistance, including reclaiming their occupied land and...
  • GCC parliament heads condemn violence against Palestinians, support their struggle for statehood and rights.
  • As part of global diplomacy, GCC seeks to to strengthen relations with European and Latin American parliaments.