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

Non-oil trade between UAE and US hits $31.4 billion in 2023

Abu Dhabi, UAE -- Non-oil trade between the UAE and the United States reached $31.4 billion in 2023 and is...

Business

‘UAE leads humanitarian efforts in Gaza, seeks truce’

“Following the outbreak of the crisis between Palestinians and Israelis, the UAE initiated extensive diplomatic efforts at all levels to...

Geostrategy
Geostrategy

UAE reaffirms commitment to uphold multilateral system; urges UN to expand response to terrorism

"Reform will not be easy; a serious results-oriented process will require us to make deep concessions and agree to difficult...
  • While urging UNSC to expand its attention to the geographical scope of terrorist activities, the UAE reiterates itss intention to support the Delhi Declaration
  • UAE minister calls on all countries to address the root causes of extremism by spreading awareness of and respect for the principle of tolerance.
Economy

FIFA Cup helps Qatar, Egypt warm up bilateral ties

The two countries explore areas of joint cooperation to strengthen political, economic, investment and trade relations.
  • The two countries explore areas of joint cooperation to strengthen political, economic, investment and trade relations
  • Both seek to boost coordination of parliamentary positions between the two councils in regional and international forums
Economy

With growing trade, energy ties, Germany and UAE look forward to hydrogen future, says envoy

“The UAE is Germany's most important trading partner in the region, with German exports to the UAE totalling US$8.4 billion...
  • Beside growing trade, cooperation in decarbonization to tackle climate change opens an opportunity for Germany and the UAE to look forward to a hydrogen future, says German envoy
  • The UAE is Germany's most important trading partner in the region, with German exports to the UAE totalling US$8.4bn in 2021, says German Ambassador to the UAE Alexander Schönfelde

GCC vows more cooperation to boost education

The regional panel, during its fourth meeting in Riyadh, reviews the implementation of the strategic plan to improve educational institutions...
  • The regional panel, during its fourth meeting in Riyadh, reviews the implementation of the strategic plan to improve educational institutions in the bloc and their needs
  • The commettee also discusses the work mechanism for cooperative coordination between the ministries and institutions of higher education in the GCC countries

France beat Morocco 2-0 to set up World Cup final against Argentina

France beat Morocco 2-0 on Wednesday to set up a World Cup final showdown against Argentina and Lionel Messi. Theo...
  • Theo Hernandez put the defending champions ahead in the fifth minute after Morocco failed to clear their lines
  • French substitute Randal Kolo Muani doubled the lead against Morocco in the 79th minute of the semi-final match
Economy

35.6% rise in Saudi women’s economic participation makes TOP CEO Conference’s May predictions true

The confirmation of an increased participation of women in workplace comes months after the TOP CEO Conference held in May...
  • The confirmation of an increased participation of women in workplace comes months after the TOP CEO Conference held in May 2022 had highlighted its economic justifications
  • Saudi Khaled Almaeena had stressed on how the private and public sectors were essential in encouraging women to work and took measures like having nurseries in the offices
Economy

KSA, UAE lead GCC growth amidst global woes

Saudi Arabia's GDP witnesses 9.3 percent increase in the third quarter of this year as the rally in oil prices...
  • The International Monetary Fund expects Saudi economy to expand by 7.6% in 2022
  • The UAE's economy is experiencing sustained momentum in 2022, says OPEC
Business

Resilience helps UAE banks face global challenges

Growing assets, increased financing, and enhanced capital adequacy ratios reflect the sector’s resilience and ability to adapt to changes in...
  • Growing assets, increased financing, and enhanced capital adequacy ratios reflect the sector’s resilience and ability to adapt to changes in the world, say key bankers
  • The CEOs Advisory Council, in a recently held meeting, had called for continued efforts to protect the banking sector’s digital infrastructure in the Gulf country
Science

The moon is part of our existence and is a future necessity for the planet, says George Friedman

"There was a small amount of water on the moon, which means there is a lot of water but it...
  • To achieve life on the moon, we need soldiers, businessmen, technologists and various segments and categories, says Dr George Friedman of US Naval Institute
  • "We must think that the wealth on the moon will be for humanity in general, where we must think about the human dimension," he adds
Economy

PwC report confirms assertions of TOP CEO Conference experts: Skills help women get more jobs across MENA

Young women in the MENA region are more likely to be in the workforce, while the GCC countries have seen...
  • Young women in the MENA region are more likely to be in the workforce, while the GCC countries have seen advances in labor force participation, says the latest PwC report
  • The TOP CEO Conference held in Dubai in May 2022 had suggested that women in the MENA region have made significant gains and have become a vital part of the region’s workforce

Non-oil trade between UAE and US hits $31.4 billion in 2023

Abu Dhabi, UAE -- Non-oil trade between the UAE and the United States reached $31.4 billion in 2023 and is...
Business

Company News

Latest News

GCC FTA, tech MoU enhance Pakistan-Saudi relations

In landmark developments, Saudi Arabia and Pakistan have taken significant strides to enhance their bilateral relations, especially in the economic...
Geostrategy

Digital quality adds shine to life in Arab countries

The UAE leads the Arab world in digital quality of life, with its advanced digital infrastructure and commitment to tech...
Infographics

At $75bn, Saudi defense budget beats several European countries in 2022

Last year, Saudi Arabia led the Middle East in military investments, ranking fifth globally with a defense budget of $75...
Geostrategy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Business

Saudi real estate sector builds on vision beyond oil

TRENDS digs into Saudi Arabia's booming real estate sector and ambitious projects to find how they offers investors lucrative, long-term,...
Economy

Norms may make it easy to navigate ethical maze of AI

While speaking at the International Government Communication Forum in Sharjah, he emphasized that it's essential to regulate technology and overall...
  • In a world where technology dominates daily life, the need for digital transformation to empower various sectors is undeniable
  • It's essential to regulate technology and overall policies to ensure cybersecurity and ethical AI use, highlights a top UAE official
Videos

Middle East sets global standards in renewable energy

This TRENDS Explainer Video explores how the Middle East is fueling its economy with renewables like solar, wind, and green...
  • This TRENDS Explainer Video explores how the Middle East is fueling its economy with renewables like solar, wind, and green hydrogen, catalyzing a global clean energy shift
  • By 2030, solar energy is expected to make up 15 percent of the Middle East's power mix, while new wind projects in Oman, Egypt, and Saudi Arabia will generate local jobs