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
  • Under the agreement, ENOC will fuel up to 30 helicopters of Air Chateau.

    Air Chateau offers charter and transportation services to tourists, high net worth individuals and air ambulances.

    ENOC Aviation's current supply network spans over 200 airports across 21 countries.

  • Nayifat Finance Company (NFC) will start trading on Tadawul on November 22, according to a Saudi Exchange filing.

    The stock will have +/- 30 percent daily price fluctuation limits and +/- 10 percent static price fluctuation limits

    These fluctuation limits will be applied during the first three days of listing, and from the fourth trading day onwards

  • The sector leaders addressed key trends within the global precious metals industry and how to harness current opportunities.

    The sector leaders addressed key trends within the global precious metals industry and how to harness current opportunities

    The session, held under the title ‘Gold versus Bitcoin: competition or coexistence?’, highlighted bitcoin’s growing status as ‘digital gold’

  • Twelve months before the 21 November, 2022 kick-off, the Qatari capital Doha is dotted with roadworks and building sites that...

    Twelve months before the 21 November, 2022 kick-off, the Qatari capital Doha is dotted with roadworks and building sites that are causing chaos for its inhabitants

    With some Qatari infrastructure projects delayed by the pandemic, the clock is ticking more loudly than organisers might have liked

  • Airbus says the Middle East will need more than 3,000 aircraft by 2040.

    It made the prediction in its 2021 Airbus Global Market Forecast or GMF

    According to the forecast, the Middle-East region will need 3,020 new passenger and freight aircraft deliveries by 2040

  • A total of 408 aircraft (269 firm orders and 139 commitments) were ordered at the Dubai Airshow, the first major...

    The orders covered the full range of commercial aircraft, including a first commitment for the A350F.

    Air Lease Corporation signed a commitment for 111 aircraft, covering the full range of Airbus families.

  • AIQ  and Baker Hughes have entered into an agreement to develop advanced analytics solutions for the global oil and gas...

    The initial project work will focus on developing AI solutions, analyzing drilling data and identifying opportunities for improved drilling trajectories

    The project supports ADNOC’s plans to efficiently ramp up drilling activities as it boosts its crude production capacity to 5 million barrels per day by 2030

  • Chinese e-commerce leader Alibaba Group said on Thursday that its profit for the most recent quarter tumbled 81 percent as...

    Alibaba said profit came in at 5.37 billion yuan ($833 million) for the July-September period, falling from 28.77 billion yuan earned over the same stretch last year

    However, its revenue for the period also slightly missed forecasts by analysts polled

  • The acquisition will support the telecom giant's digital ambitions.

    This partnership will empower consumers, enhance engagement, and drive diversification of our business, said Etisalat.

    UAE is rated as one of the most advanced countries for online shopping and eCommerce market in the MENA region.

  • The region’s financial regulators must be extra vigilant to avoid catastrophic debt crises, Khalid Abdulla-Janahi, chairman of Vision 3, UAE,...

    Strong corporate governance framework is an integral part of ensuring clean flow of money and the GCC region is yet to make some improvements, says Khalid Abdulla-Janahi

    The companies in the region should have independent board members and directors with fixed term role to ensure high level of corporate governance, the Vision 3 chief adds