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

Saudi Arabia launches program to document football clubs’ chants

Riyadh, Saudi Arabia - The Saudi Commission launched Wednesday "Saudi Football Trouq", a unique initiative that is dedicated to the...

UAE and Greek credit insurance organizations to promote businesses

The UAE's federal export credit company Etihad Credit Insurance (ECI) signed an MoU with Greece’s Export Credit Insurance Organization (ECIO)...
  • An MoU between Etihad Credit Insurance and Greece’s Export Credit Insurance Organization will also promote SMEs.
  • This agreement follows the recent UAE-Greece high-level diplomatic meetings between the ministers of both countries.

Iraq’s budget for 2022 to focus on investment projects

Iraq’s general budget for 2022 will focus on implementing a set of investment projects in line with diversifying economy and...
  • Salih belives the fluctuations in the oil markets and the global economic situation will cast a shadow over the draft general budget for 2022
  • The Ministry of Planning said that employee salaries, social protection and other expenses were not affected by the delay in approving the general budget law

Iran says ‘firmly determined’ to salvage nuclear deal

The government has shown its willingness and seriousness by sending a quality team known to all. If the other side...
  • The 2015 agreement offered a lifting of some of the array of economic sanctions in return for strict curbs on its nuclear program.
  • But the deal began falling apart in 2018 when then US president Donald Trump pulled out and began reinstating sanctions.

Kuwait begins a drive to educate people on virtual assets

The Central Bank of Kuwait (CBK) and Capital Market Authority (CMA) have launched a campaign to educate people about virtual...
  • The CBK and the CMA said in a joint statement on Sunday the campaign was launched as part of efforts to raise people's awareness as how to deal with these assets
  • Traders in the digital assets are prone to fall prey to scam, thus these online dealings are quite risky, particularly for individuals

Qatar to train cadres from national forces for job market

Qatar's Ministry of Labour has signed a Memorandum of Understanding (MoU) with the Qatar Financial Centre (QFC) Authority to train...
  • Ministry of Labor will provide national workforce data of male and female candidates to be employed at companies licensed by the QFC Authority.
  • The move is aimed at realizing the objectives of Qatar National Vision 2030.

An assembly of Global Public Diplomacy kicks off in Qatar

The seventh General Assembly of Global Public Diplomacy Network will get underway in Katara, chaired by Qatar.
  • The meeting is scheduled to witness modifications in the development of the network's structure, and to lay out a vision for its strategy in expanding the areas of cooperation
  • It will also witness the joining of seven new countries (Bulgaria, Albania, Romania, Tajikistan, Ghana, Rwanda, and Palestine)

Which are the happiest Arab countries?

A number of Arab countries have scored quite well in the just-published 2021 edition of the World Happiness Report.
  • At least six factors seem to contribute to the perception of happiness within a country
  • They are levels of GDP, life expectancy, generosity, social support, freedom, and corruption

Qatari institute and Scripps Research sign pact to develop novel medicines

Qatar Biomedical Research Institute (QBRI) biomedical institute and Scripps Research will collaborate under an agreement to accelerate biomarker and drug...
  • The partnership will enable the exchange of expertise and capabilities between laboratories of both institutes.
  • Projects led by Scripps Research will focus on developing therapies for intestinal and lung repair.

Doha hosts triathlon federations’ meeting to develop sport

A meeting of the GCC triathlon federations was held in Doha to discuss proposals for the development of sports in...
  • The meeting discussed the proposal to establish the Gulf triathlon league
  • Federations of Qatar, Saudi Arabia, Oman, Bahrain, Kuwait and the UAE were present.

Qatar affirms security readiness for FIFA Arab Cup 2021 beginning today

Qatar's Ministry of Interior has affirmed its high readiness to secure the FIFA Arab Cup 2021, which will be held...
  • Security measures are being coordinated with the Safety and Security Operations Committee (SSOC) of the FIFA World Cup Qatar 2022.
  • Security for Arab Cub will help evaluate the measures for the FIFA World Cup 2022.

Saudi Arabia launches program to document football clubs’ chants

Riyadh, Saudi Arabia - The Saudi Commission launched Wednesday "Saudi Football Trouq", a unique initiative that is dedicated to the...

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Germany investigates ‘sabotage’ on its rail framework

Rail operator Deutsche Bahn blamed the travel disruptions on "sabotage", while Transport Minister Volker Wissing spoke of "a targeted and...

Remittances from expatriates in Saudi fell 13 percent in Aug

Riyadh, Saudi Arabia - Remittances from expatriates in Saudi Arabia saw a 13 percent year-on-year (YoY) decline to SAR 11.92...

Dubai Airport Free Zone non-oil trade up 36 percent in 2021

Dubai, UAE--- Non-oil trade of Dubai Airport Free Zone (DAFZ), part of the Dubai Integrated Economic Zones Authority (DIEZ), rose...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Asia green business market to hit $5 trillion by 2030

More than 15 countries and 670 companies in Asia have set (or are committed to setting) emission-reduction targets, thereby creating...
  • Around $3.1 trn will need to be spent per year on average on physical assets for energy and land-use systems from 2020 to 2050.
  • Vehicle electrification could contribute 10 to 15 percent of the abatement potential needed by 2050, lowering emissions by roughly six GtCO2e.

Protecting biodiversity is important, says Egyptian minister

Egypt’s Minister of Environment Yasmine Fouad said that protecting migratory birds and biodiversity is one of the global and regional...
  • The conference aims to document mutual understanding between the energy sector and nature conservation organizations.
  • Another aim is to strengthen relationship, understanding, and partnership between nature conservation, especially birds and energy infrastructure.

Egypt records rush in arrival of tourists from Europe and US

Cairo, Egypt— Egypt has recorded a huge jump in arrival of tourists from many European countries and the US, as...
  • Tourists from Spain and France are leading an increase in visitors to Egypt from a number of European countries
  • Tourism toward Luxor and Aswan is predicted to be healthy from the second half of this month, with Japan, South Korea and India starting to operate flights to Luxor