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

Jordan and US look to broaden ‘deep-rooted’ partnership

Jordan and the United States have discussed ways to boost cooperation in various fields and to broaden the 'deep-rooted strategic'...
  • Ayman Safadi, Jordan's Deputy Prime Minister and Minister of Foreign Affairs and Expatriates, met with Elizabeth Allen, US Under Secretary of State for Public Diplomacy
  • Safadi lay stress on the importance of US assistance provided to support the kingdom's development process

Souq Al Jubail dates festival registers sales of 38 tonnes

The festival, In its seventh edition since it opened last month, has witnessed a great turnout from UAE citizens, residents,...
  • The festival, In its seventh edition since it opened last month, has witnessed a great turnout from UAE citizens, residents, and visitors
  • Since the beginning of the festival in July 2022, different varieties of dates have been sold through ten sales platforms

King Abdullah calls for speeding up of food security plan

The king has called on the Jordanian government to speed up the implementation of the national plan for sustainable agriculture...
  • The king lay emphasis on the importance of continuous outreach to Jordanians across the kingdom, to update them on agricultural projects
  • Prime Minister Khasawneh said the higher council for food security, whose bylaw was recently endorsed, will have an important executive role

UAE investments in Egypt rise by 169% in 6 months

In a statement, CAPMAS said that the value of the trade exchange between Egypt and the UAE increased to about...
  • In a statement, CAPMAS said that the value of the trade exchange between Egypt and the UAE increased to about US$1.2 billion
  • The value of remittances from Egyptians working in the UAE rose by 1.4 percent, reaching US$3.5 billion during the 2020-2021 fiscal year

Flyadeal adds A320neo to fleet

It raises Saudi low-cost airline's fleet strength to 26.
  • The new Airbus aircraft made its first landing in the kingdom at King Abdulaziz International Airport in Jeddah
  • The CEO said that the fleet expansion will contribute to increasing the number of flights, providing more seats, and serving new customers

Dubai Media Inc affiliated to Dubai Media Council

In his capacity as the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, has...
  • Sheikh Mohammed issued a decree appointing Sheikh Hasher bin Maktoum bin Juma Al Maktoum as Chairman of DMI.
  • DMI has a strategy will leverage the expertise of a young and talented Emirati workforce to make the leap in delivering quality media content

UAE Ambassador to Iran will soon resumes duties

In line with UAE efforts to strengthen relations with the Islamic Republic of Iran, the Ministry of Foreign Affairs and...
  • The decision to appoint an envoy to Iran comes as part of a previous decision to increase diplomatic representation to the rank of ambassador
  • The ambassador would contribute to advance bilateral relations between UAE and Iran

Saudi business tax payers asked to submit July declaration

The Zakat, Tax and Customs Authority has called on taxpayers from the business sector subject to value added tax (VAT)...
  • The Authority has urged business sector taxpayers to promptly submit their tax declaration in order to avoid a penalty.
  • Penalty will be charged at a minimum of 5 percent and a maximum of 25 percent of the tax value which the taxpayer had to declare.

GIS, DIH mull merger

Qatar Central Bank has provided in-principle no-objection to both firms.
  • The potential merger is likely to create one of the largest local insurance companies.
  • The creation of huge insurance company is in line with the Qatar National Vision 2030.

Telecom Egypt and Orange Jordan’s CAB System to connect Iraq to Europe

Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, and Orange...
  • The Cairo Amman Baghdad System will be ready for service in the third quarter of 2022.
  • Once launched, it will be the most advanced, scalable gateway and express route connecting Iraq to Europe using the companies’ networks, the companies said in a statement.

Russia becomes world’s fourth-biggest LNG producer, says PM

MOSCOW, RUSSIA – Prime Minister Mikhail Mishustin said the country became the world’s fourth-biggest LNG producer last year. The Russian...

Latest News

ESG, Q Holding form joint venture

JV to develop accommodation project in Abu Dhabi island.

UAE Ministry of Energy joins National ICV Program

DUBAI, UAE - The Ministry of Energy and Infrastructure (MoEI) has joined UAE's National In-Country Value (ICV) program following a...

Qatar provides maritime radio station licensing for small ships in Al Khor, Al Ruwais cities   

DOHA, QATAR -  The Communications Regulatory Authority (CRA) has announced the provision of maritime radio station licensing services for small...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Initiative by Digital Economy Chamber to help firms set up in Dubai

DUBAI,  UAE -  Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has announced a...
  • The initiative will provide a comprehensive package of services designed to support tech, digital startups, SMEs, and MNCs.
  • The chamber’s strategy (2022– 2024) is focused on improving the digital business environment, developing support for digital firms.

Sharjah’s Sabaa Sanabel wheat gets Made in the UAE mark

SHARJAH, UAE -  Sabaa Sanabel wheat flour, made from the wheat produced here, has become the first national product to...
  • Sabaa Sanabel wheat flour has met the highest quality and safety standards in force in the UAE, boosting its competitiveness in the market.
  • Sabaa Sanabel has obtained five accredited certificates in quality and safety as it does not contain anything that changes its nutritional value.

SEWA, US delegation explore collaboration in innovation, sustainability

Sharjah, UAE - Abdullah Abdul Rahman Al Shamsi, Director-General of SEWA Sunday discussed the authority's initiatives to reduce emissions and...
  • The two discussed the authority's initiatives to reduce carbon emissions and combat climate change and its vision for the upcoming COP28 conference.
  • They also explored potential collaborations between the authority and American companies in innovation and sustainable development.