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

Saudization benefits thousands of citizens in 2021

The number of Saudi nationals who got jobs in the private sector crossed 1.9 million in 2021, the highest number...
  • The number of Saudi nationals who got jobs in the private sector crossed 1.9 million last year, says the ministry
  • The drive has also helped in creating an attractive and stimulating work environment for Saudi nationals in private sector

GCC Summit issues Riyadh Declaration

The region’s common economic, defense and security integration and unity and coordinating stances were reviewed at the 42nd GCC Summit.
  • They Gulf leaders seek to enhance solidarity and stability among GCC member states
  • The Supreme Council will hold its 43rd session under Oman’s presidency

EU, GCC begin new era in relations

However, the recent developments show that Europe has shed this energy-supplier image of the Gulf for a more realistic and...
  • Kuwait has emerged as a major global humanitarian player and a significant mediator to sort out inter-Gulf differences
  • This has contributed to the re-evaluation by European Union leaders of their policies towards the Gulf region

ADQ to buy stake in IHC subsidiary

Abu Dhabi-based firm will acquire Eltizam Asset Management for AED111.6 million.
  • IHC has entered into a strategic partnership with ADQ to sell a 50% stake in its subsidiary
  • Eltizam offers an integrated suite of strategic management and real estate services

Proof of Covid-19 vaccination, PCR test needed to enter Expo Dubai

Expo 2020 visitors will need a coronavirus vaccination or a negative PCR test to enter, organisers in Dubai has said....
  • PCR tests will be free for ticket-holders with a 'network' of testing centres available across the city
  • The Expo site will have mandatory masks, two-metre social distancing rules and sanitisation stations

UAE, Israel eye trillion-dollar business

The UAE marks one year since normalising ties with Israel today as the leaders hope the Abraham Accords could reap...
  • The economic benefits have come quickly for the UAE and Israel after the US-brokered Abraham Accords
  • Both have signed a series of deals ranging from tourism to aviation and financial services

GCC seeks travel ease with Schengen visa exemption

GCC Secretary General Jasem Albudaiwi calls for visa-free travel to Europe, aiming to simplify the journey for Gulf citizens to...

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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...

Saudi Arabia, India boost alliance with multiple MoUs

India and Saudi Arabia held their first Strategic Partnership Council meeting, emphasizing the strengthening of defense and security partnerships between...

Mega projects bet high on diversified future

This TRENDS infographic dives into Saudi Arabia’s ambitious transformation to discover how the Kingdom is reshaping its future with high...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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‘Historic’ EU-Middle East-India trade plan launched

At the G20 Summit in New Delhi, the US, EU, Saudi Arabia, and UAE have launched an ambitious trade initiative...
  • At the G20 Summit in New Delhi, the US, EU, Saudi Arabia, and UAE have launched an ambitious trade initiative to connect railways, ports, and energy networks globally
  • The initiative could bypass the Suez Canal to accelerate India-Europe trade and has broader geopolitical implications, including fostering relations between Israel and Saudi Arabia

Deadliest quake in decades kills over 2,000 in Morocco; rescue bid is on

Following the devastating earthquake in Morocco on Saturday that killed more than 2,000 people so far, the UAE, Iran, Iraq,...
  • Tremors felt in major cities including Marrakesh, Rabat, and Casablanca.
  • Remote mountain villages severely affected, many victims feared trapped.

G20 treads lightly on Ukraine war, climate issues

The African Union joined the G20, boosting Africa's voice, while a new initiative aims to connect Europe, the Middle East,...
  • The African Union joined the G20, boosting Africa's voice, while a new initiative aims to connect Europe, the Middle East, and India through infrastructure
  • G20 nations lacked a unified pledge to end fossil fuels but committed to tripling renewable energy sources by 2030, emphasizing sustainable alternatives