INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

‘Cultural initiatives key to nation’s advancement’

"Poetry holds a distinguished position among literary arts, especially within the Arabic language. As the foundational literary form in Arabic,...

Arts & Culture

Ajman eyes endowment-driven growth, social solidarity

"Reports with statistics on the number, types, values, and uses of endowments enable us to make appropriate decisions regarding endowment...

Economy
Economy

COP28 ignites key climate change talks in Arab world

"The event focuses on transitioning the energy sector, demonstrating how strategic investments can foster prosperity without solely relying on fossil...
  • Colombia's President Gustavo Petro emphasizes the significance of COP28 for addressing climate issues.
  • Petro stresses on the transition from traditional energy sources to sustainable alternatives to save the Earth.
Economy

UAE a pioneer in renewable energy: Palau President

“COP28 is attracting significant interest from various participating countries and will serve as an important forum for climate enthusiasts. This...
  • Palau President commends the UAE's leadership in renewable energy, especially solar, for global climate goals.
  • COP28 garners significant international interest as a pivotal event for climate change action and sustainability.
Business

ADX set for dynamic growth in 2024 with new listings

"ADX's crucial role in bridging investors with companies, fostering growth opportunities, and reinforcing the UAE and Abu Dhabi's status as...
  • Abu Dhabi Securities Exchange anticipates continued growth and new listings in 2024, says CEO Abdulla Salem Al Nuaimi.
  • 2023 witnessed notable listings like ADNOC Gas and Investcorp Capital, with more scheduled, including the Phoenix Group.
Economy

UAE pioneers smart city, clean energy initiatives

"The country's strategies, such as the Energy Strategy 2050, aims at raising the share of clean energy in the total...
  • The UAE leads in sustainable development and urban planning, emphasizing renewable energy, efficient buildings, and sustainable transportation for a greener future.
  • The UAE's Energy Strategy 2050 aims for 50% clean energy, while Dubai's Clean Energy Strategy 2050 targets 75%, supported by solar parks and green funds.
Business

Qatar’s North Field expansion fuels optimistic outlook

"Looking ahead, our focus is on the North Field Expansion and sustainability projects. We are collaborating with our contractors to...
  • QatarEnergy's North Field Expansion Project to increase LNG production from 77 to 126 million tons per year.
  • A 27-years partnership agreement has been signed with Sinopec for North Field South (NFS) expansion.
Economy

Brazil, UAE forge ahead with stronger bilateral ties

“We would like the UAE to be a partner in our current process of investing in infrastructure. It is a...
  • Brazil's Ambassador to UAE, Sidney Leon Romeiro, praises UAE's commitment to environmental sustainability and renewable energy.
  • Brazil and UAE collaborate in global climate change discussions, aiming to meet Paris Agreement goals, the Brazil envoy highlights.
Business

‘Sustainable aviation fuel roadmap required urgently’

"The global air transport sector has rebounded to pre-COVID-19 pandemic levels of 2019, with some countries already surpassing these levels,"...
  • ICAO Conference in Dubai sets the stage for climate action in aviation.
  • UAE praised for its leadership and sustainable vision in aviation post-COVID.
Opinion

Social media plays key role in shaping online trading

"The rapid pace and fervor surrounding social media have introduced volatility into financial markets, leading to instances where stocks, particularly...
  • Social media has opened up opportunities for independent and self-motivated online traders.
  • Financial guidance is actively sought on social media platforms, especially by young investors.
Economy

Electricity plays key role in making UAE sustainable

“In the UAE, we recognize the energy security and climate challenges and have devised multiple strategies to make the sector...
  • The UAE updates Energy Strategy 2050, focusing on low-emission hydrogen production and net-zero goals.
  • GCCIA's expansion projects aim to enhance energy security and interconnectivity across the Gulf region.
Business

Reforms accelerate positive gender equality in MENA

"We are working towards creating a more balanced environment where women can succeed alongside men in overcoming future challenges. There...
  • Sheikha Hessa Saad Al-Abdullah Al-Sabah, Chairwoman of the Council of Arab Businesswomen, emphasized the need for women's economic empowerment and increased opportunities
  • Sheikha Hessa highlights the importance of collaboration for achieving workplace gender equality and the role of women in achieving the UN's 2030 Sustainable Development Goals.

‘Cultural initiatives key to nation’s advancement’

"Poetry holds a distinguished position among literary arts, especially within the Arabic language. As the foundational literary form in Arabic,...
Arts & Culture

Company News

Latest News

WEF24: Virunga battles deforestation, habitat loss

Climate finance plays a critical role in protecting Virunga National Park through innovative solutions like hydroelectric energy, director Emmanuel de...
Interview

UAE is an exceptional economic leader in Middle East

"We've collaborated closely with the World Governments Summit for over a decade. It presents a vital opportunity to foster innovative...
Economy

Global changes call for adaptable fiscal policies

He highlights the UAE's strategic priorities, including the future of fiscal policy, the application of sustainable fiscal policies to foster...
Economy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

‘Innovation is crucial for UAE’s energy efficiency’

"Through effective and constructive collaboration with various local and international partners, we have succeeded in establishing an integrated energy transition...
  • The UAE's Department of Energy's integrated system focuses on clean and renewable energy to achieve climate neutrality.
  • Investment in youth and their innovative ideas is essential for building a sustainable future, says DoE's Awaidha Murshed Al Marar .
Business

‘Bond market acts as a mirror to economic realities’

"(US Federal Reserve Chair Jerome) Powell's focus on verifying inflation's trajectory is in line with the central bank's dual mandate...
  • Bond market's selling pressure illustrates its role in reflecting economic realities, says Nigel Green
  • A 27 basis points surge in 10-year yields marks notable market movement since June 2022, he adds.
Business

Investors eye UAE’s booming sustainable finance sector

"Numerous opportunities exist in sustainable investments, especially in sectors like building systems, renewable energy, water, food and agriculture, shipping, among...
  • The UAE is experiencing remarkable growth in sustainable finance, according to Barclays Private Bank UAE CEO Rasha Badawi.
  • Sustainable investment opportunities expanding in the UAE across various sectors including renewable energy and agriculture, she adds.