INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

  • Despite the disruption caused by the coronavirus lockdown Dubai and Abu Dhabi have continued to advance in the race to...

    The city also leads the Middle East and North Africa (MENA) region in the index

    Abu Dhabi secured the fourth spot in the Global Cities Outlook (GCO), rising three places from the seventh position last year

  • Iraq is looking to establish a big solar power plant in the Najaf area that could generate 1,000 megawatts of...

    In this regard it is in advanced discussions with Saudi Arabia’s ACWA Power, the oil ministry announced on its Facebook page

    The ministry said it is close to signing the agreement with the Saudi utility company to generate 1,000 megawatts of solar power in the Najaf Governorate

  • The price is at the bottom end of the range that Volvo announced last week

    The price is at the bottom end of the range that Volvo announced last week

    The carmaker also lowered the amount it plans to raise by going public from $2.9 billion to $2.3 billion

  • Zain KSA, the Saudi telecom firm, has reported a 36 percent drop in net profit to SR143 million in the...

    The significant dip is due to a 1 percent drop in revenue, as well as rising revenue costs by 19 percent

    Lowering operating expenses and the results of the capital restructuring last year helped compensate for the fall

  • Both ASG and Livspace have invested about $50 million to fuel regional growth and become market leaders.

    Both ASG and Livspace have invested about $50 million to fuel regional growth and become market leaders

    The JV further plans on strengthening the team by investing in talent across levels while also aiming to reach 500 design partners in the region by 2022

  • The market, which reportedly aims to promote Bahrain’s agricultural products and highlight the development taking place in the country’s agricultural...

    This edition of the market will be limited to shops selling local agricultural produce

    It will also feature a number of restaurants without the accompanying recreational activities

  • The carvings - 12 panels measuring five metres (16 feet) wide and two metres tall - date from the reigns...

    The carvings -- 12 panels measuring five metres (16 feet) wide and two metres tall -- date from the reigns of Sargon II (721-705 BC) and his son Sennacherib

    Iraq was the cradle of some world's earliest cities. It was once home to Sumerians, Assyrians and Babylonians

  • The plant involves an initial investment of AED 50mn.

    Automotive, industrial and construction lubricants and special greases for electric vehicles will be produced at the plant.

    Named Trinity Lubes & Greases FZC, the facility has a production capacity of 48,000 liters annually in the initial stage.

  • Gross written premium as of Sept. 30 was QAR 750 million.

    The gap in gross written premium continues to narrow down as compared to previous quarters, the company said.

    The net investment income by September was QAR 29.2 million, compared with QAR 30.3 million for the same period in 2020.

  • As many as 560 foreign companies are operating in the Omani governorate of Al Wusta and their capital investments by...

    By the end of Sept. 2021, the capital investment of these firms reached $3.37 billion.

    The number of industrial licenses registered in Al Wusta during the first nine months of 2021 was 177.