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
  • Oman and Iran have discussed ways to promote trade relations between the private sector in the two countries as well...

    The talks were held on the sidelines of the 5th International Conference on Health in Islamic Countries, in Tehran.

    Iran-Oman Virtual Expo launched in late September by the Iran-Oman Joint Chamber of Commerce 'has been well received'.

  • Ludovic Pouille, French ambassador to Saudi Arabia, believes that AlUla Governorate will become one of the top international tourist destinations...

    He also expressed admiration of what he saw during his third visit to AlUla this year, referring to its nature and developments

    The ambassador noted that the two countries cooperate in the field of agriculture and environment employing innovative techniques and methods to face the climate change

  • MICCO Logistics, a subsidiary of AD Ports, has shown interest in tapping into the construction and metals manufacturing sector by...

    The acquisition, with a combined transport capacity of more than 2,300 metric tonnes, will expand the company’s existing ground fleet of more than 400 vehicles

    The new tipper fleet will be fully equipped with pre-installed fleet management systems

  • The profit is 86 percent more than that of Q3 2020.

    The revenue rose to 1.14 billion dirhams from 839 million dirhams in the same period last year.

    Occupancy at key assets of Emaar was 91 percent during the quarter.

  • The largest shopping mall brand in Kuwait, the Avenues, is all set to venture into Saudi Arabia with the opening...

    It will launch the outlets in Riyadh and Alkhobar

    The design for Riyadh is now complete and the contract is expected to be awarded soon

  • Real estate transactions worth AED5.7 billion ($1.55 billion) were recorded in Sharjah during the third quarter of 2021, an increase...

    A total of 1,662 sales transactions were recorded during Q3 2021, showing an increase of 52.5 percent compared to the same period last year.

    About 76 percent (1,262) of the sales transactions were made in the residential sector, followed by industrial sector (206), commercial (152) and agricultural (42).

  • It has just been a little more than a month and Expo 2020 has received some three million visits, since...

    Organizers also said that the number of virtual visits to the Expo 2020 Dubai’s online platform has reached 14.8 million since October 1

    Ticket sales for the fair have been beefed up to increase traffic to the fair

  • The company expects the strong showing to continue in Q4.

    The adjusted EBITDA increased 257 percent to $371 million in Q3 2021 as compared to Q3 2020.

    Fertiglobe will join ADNOC and ADQ as a partner in a new world-scale 1 million metric tons per annum blue ammonia project at TA’ZIZ in Ruwais.

  • The Capital Market Authority (CMA) of Saudi Arabia allowed the financial market institutions to accept the subscriptions of non-Saudis in...

    The ownership system for non-Saudis in the Kingdom stipulates that non-Saudis are allowed to own real estate for their own residence

    It can happen after obtaining a license from the Ministry of Interior, and for foreign representations to own their official headquarters

  • Etihad Rail has completed the construction of a rail bridge connecting Khalifa Port with the UAE National Rail Network. The...

    The bridge will play an important role in improving the transportation of goods in the region.

    Etihad Rail recently completed construction works for Package A of Stage Two, which extends over 139 km.