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

Red Sea International Film Festival to showcase 14 short films

Jeddah, Saudi Arabia - The Red Sea International Film Festival (RSIFF) unveiled Monday the lineup of international short films participating...

US$20bn Jeddah Central Project launched

The project envisions the creation of a world-class destination overlooking the Red Sea in the heart of Jeddah.
  • The project envisions the creation of a world-class destination overlooking the Red Sea in the heart of Jeddah
  • It is expected to achieve an estimated added value of SR47 billion riyals for the Kingdom's economy by 2030

Kuwait denies withdrawing driving permits of expats

The ministry said in a statement that the personnel were actually engaged in routine upgrade of the licenses' data system.
  • The ministry said in a statement that the personnel were actually engaged in routine upgrade of the licenses' data system
  • It warned that illegal permits will be withdrawn and the involved person would be subject to legal procedures

Arab forum discusses building capacity of cities to face climate change

The forum was held in conjunction with the 38th session of the high-level Arab Ministers of Housing and Construction.
  • The forum was held in conjunction with the 38th session of the high-level Arab Ministers of Housing and Construction
  • It also discussed new Arab vision towards urban development characterized by safety, justice, resilience and sustainability

UAE and US discuss regional, defense issues at annual Joint Military Dialogue

Top UAE and US military officials discussed regional and defense issues in Washington as part of the annual Joint Military...
  • Top military officials of the two countries also discussed counterterrorism and international maritime security.
  • The discussion was part of the annual Joint Military Dialogue.

Tributes pour in as UAE businessman Majid Al Futtaim passes away

Tributes pour in as the death of the leading Emirati businessman Majid Al Futtaim was announced on Friday. Al Futtaim,...
  • Sheikh Mohammed bin Rashid Al Maktoum hailed him as 'one of Dubai's most important' business leaders
  • In April 2021, Forbes’ 35th Annual World Billionaires named Majid Al Futtaim among the world's top 10 richest Arabs

Ajman Free Zone partners with AlHabbai

One of the pact's aims is easing access to residence visas.
  • Providing more competitive features and choices for medical examinations part of the partnership.
  • AFZ committed to exploring and establishing partnerships with various sectors to deliver unified and efficient services to investors, said the director general.

World Arabic Language Day on December 18

This year’s theme is “Arabic Language, a bridge between civilizations."
  • The Arabic language has been celebrated on December 18 since 2010
  • This date being chosen because it was the day in 1973 when the UN General Assembly approved Arabic as an official language

Plan to support 1.6 million Palestinians in 2022 in Gaza and West Bank launched

A $510 million Humanitarian Response Plan was launched on Thursday to support 1.6 million of the most vulnerable people in...
  • The plan was launched by the Humanitarian Coordinator for the occupied Palestinian territory, Lynn Hastings.
  • The needs analysis on which the Plan is based estimates two in every five Palestinians will require some sort of humanitarian assistance in 2022.

Emirates receives its 123rd, and final, Airbus A380 superjumbo jet

Emirates today received delivery of its 123rd Airbus A380 superjumbo jet. The aircraft, registered as A6-EVS, is also the final...
  • Emirates said it was the first airline to announce an order for the A380 at the 2000 Farnborough Air Show, when the aircraft was still marketed as the A3XX.
  • The aircraft received features the airline's latest cabin products including Premium Economy, said the CEO.

Jordan secures €70m EIB soft loan to uplift water-use efficiency

According to a press release by the Ministry of Planning and International Cooperation, the loan is expected to benefit about...
  • According to a press release by the Ministry of Planning and International Cooperation, the loan is expected to benefit about 300,000 people
  • A water reservoir with a capacity of 30,000 cubic meters will also be built, to enable the Jordan Valley Authority to supply water to farmers in the dry seasons

UAE, South Korea ink MoU to enhance air transport relations

ABU DHABI, UAE - The United Arab Emirates, represented by the General Civil Aviation Authority (GCAA), has signed a Memorandum...

Company News

Latest News

Zain KSA shares go up

The stock rose after the transfer of its subsidiary to the PIF.

Bayanat AI to list shares on ADX

About 77% shareholding will be held by Group 42 Holding.

Sharjah Chamber joins Egyptian Chamber’s centenary event

The Sharjah Chamber of Commerce and Industry participated in the international conference to mark the 100th anniversary of the Egyptian...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Reliable Engineering opens plant

The production unit was inaugurated at Hamriyah Free Zone in Sharjah.
  • The new facility, which covers an area of more than 150,000 sq feet, caters to the needs of the oil and gas, marine, and oil and wind farming sectors.
  • The production lines manufacture up to 500 metric tons of steel per month, by more than 160 employees and specialized technicians.

Dubai Customs issues authorization certificates to free zone companies

Dubai Customs provides the services and facilities to licensed companies in the free zones of the Emirate to boost investments...
  • Dubai Customs facilitates procedures to determine the value of the goods imported by the free zone companies.
  • It provides services and facilities to licensed companies in free zones to boost investments and attract more investors.

Abu Dhabi Foreign Experts Court examines 200 cases

The Foreign Experts Court of the Abu Dhabi Judicial Department (ADJD) has managed to maintain high adjudication rates in the...
  • The Foreign Experts Court has achieved a 90 percent disposition rate out of a total number of about 200 commercial cases.
  • The panel of the Foreign Experts Court consists of a single judge and two foreign experts.