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.
  • China is targeting an ambitious clean energy goal of reducing fossil fuel use to under 20 percent by 2060, according...

    The document follows a pledge by President Xi Jinping to wean the world's biggest polluter off coal

    But the country has been criticized for pushing ahead with opening dozens of new coal power plants

  • There are about 186 major maritime container ports worldwide. Do you know the names of the biggest container ports in...

    Trade between nations has always made a significant contribution in terms of increasing wealth among the world population.

    Today, more than 80 percent of all trade is seaborne and maritime ports are playing significant for commercial and navigational purposes

  • The Kuwait-based National Aviation Services (NAS), a subsidiary of Kuwait-based logistics provider Agility Public Warehousing, has acquired 51 per cent...

    Siginon Aviation is the largest aviation cargo management and ground handling company in Kenya

    The company did not disclose the cost of the deal, but it said the enterprise value is approximately 12 million Kuwaiti dinars ($40 million).

  • Net profit in Q3 alone increased by 5.71 percent

    The company attributed the rise in profits in the third quarter to the rise in revenues and a decrease in operating expenses.

    STC's shares are up nearly 20 percent so far this year

  • The emirate will see a number of new initiatives that will bring new opportunities to the sector, Sheikh Rashid bin...

    The annual cost of caring for a racehorse training in the UAE is about $30,000

    The total money spent by the sector in the country for racehorse training is $570 million

  • Al Rajhi Bank of Saudi Arabia posted a 44 percent rise in net profit to $2.86 billion for the first...

    The higher net profit for Q3 2021 is spurred by 43 percent year-on-year to SR 3.794 billion, compared to the third quarter of 2020

    The bank attributed the profit increase to the rise in total operating income by 26.4 percent, as a result of higher net financing and investment income

  • Saudi National Bank (SNB), the kingdom’s biggest lender, has posted a nearly 20% jump in net profit to $1 billion...

    SNB reported a net profit of 3.8 billion riyals ($1.0 billion) for the quarter that ended on Sept. 30, up from 3.2 billion riyals in the same period a year earlier

    The result was better than the 3.6 billion riyals average analysts' forecast

  • There will be over 2,200 people in the bio-bubble this time.

    The ICC World Cup T20 bio-bubble will consist of players, supporting staff and their families, and broadcast crew

    There will also be BCCI and International Cricket Council officials, staff at the hotel and stadium, and selected medical personnel

  • This Jordanian firm is being praised for Arabic mobile games.

    Founded in 2013, Tamatem now has offices in the United Arab Emirates and Saudi Arabia

    It has published more than 50 mobile games, which have been downloaded more than 100 million times

  • The virtual license covers 13 economic sectors on top of the strategic sectors targeted by the Abu Dhabi government to...

    The program lets non-resident foreign investors obtain an economic license for doing business in the emirate

    They can now do this without any prior residence procedures and from any location outside the UAE