Khalifa Fund announces winner of CEO Program
ABU DHABI, UAE - Khalifa Fund for Enterprise Development, in partnership with the Abu Dhabi Department of Economic Development (ADDED)...
Economy
International Defense Conference 2023 to begin in Abu Dhabi
Abu Dhabi, UAE - The International Defense Conference 2023 will be held on 19th February at the ADNOC Business Centre...
Business
Will Kingdom Holding’s shares look up this week?
Saudi Arabia’s billionaire Prince Alwaleed bin Talal, who was freed from nearly three-month detention on Saturday in Riyadh, is expected...
US Vice President’s Middle East visit evokes mixed reactions
US Vice President Mike Pence started his three-nation Middle East visit on Saturday amidst a lot of dilemmas and confusions...
Is it a do-or-die battle for media and telecom companies?
Historically, the advances in technology have affected all business sectors. The Industrial Revolution disrupted manufacturing sector in the 20th century...
WISEUp: Taking a literary route, to counter extremism
In late 2016, Daisy Khan, a New York-based global-peace activist, grew increasingly alarmed by the surge in violent extremism worldwide...
GCC education marches forward in 2018
When the President of France, Emmanuel Macron, attended the opening of the iconic Louvre Abu Dhabi during his visit to...
Are sands shifting in Turkey’s Middle East policy?
The past year has seen Turkey distance itself from some of its long-standing political alignments, easing away from the West...
DGCX looking forward to new highs in 2018
2017 was exceptional on many fronts for the region’s largest and most diversified derivatives bourse, Dubai Gold and Commodities Exchange...
Khalifa Fund announces winner of CEO Program
ABU DHABI, UAE - Khalifa Fund for Enterprise Development, in partnership with the Abu Dhabi Department of Economic Development (ADDED)...
Economy
Company News
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Saudi delegation discuss energy, climate action at Tokyo conference
A delegation from Saudi Arabia’s King Abdullah Petroleum Studies and Research Center (KAPSARC), participated in Tokyo’s 43rd International Association for...
Geostrategy
Air Arabia H1 profit $122.8m
More than 2.7 million passengers flew with Air Arabia from Mar-June.
Business
Saudi finance ministry partners with Al-Ahly to develop savings bonds
Saudi’s Ministry of Finance and the National Center for Debt Management has partnered with Al-Ahly Financial Company to develop and...
Business

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Business
ADNIC H1 net profit $50m
The company's gross written premiums up by 20.9%.
- The company's net underwriting income stood at AED253.9 million, against AED280.3 million during 2021.
- ADNIC's net investment and other income were AED62.0 million, compared to AED87.3 million last year.
Business
Salam International H1 net profit $8.6m
The profit dropped by 3.21 percent compared to H1 2021.
- In a bourse filing on Tuesday, the company said the Earnings per share (EPS) amounted to QR 0.027 versus QR 0.028 for the same period of 2021.
- brokerage firm Dlala Holding posted a net profit of QR 4.943 million for the first half of 2022.
Kuwait stresses nuclear weapons-free Middle East
Kuwait underscored the significance for Israel of joining the treaty since it is the only party in the region that...
- Kuwait underscored the significance for Israel of joining the treaty since it is the only party in the region that did not join
- Al-Dai called for abiding by the outcomes of the conferences of 1995, 2000 and 2010 mainly those related to the free Middle East of nuclear weapons

