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.
  • This will finance SODIC’s West Cairo flagship project.

    The Arab African International Bank and Banque Misr is providing this facility to SODIC

    SODIC is expected to use this facility to finance its West Cairo flagship development known as SODIC West

  • The car has an aerodynamic design and is a sports model, and does not produce dangerous emissions.

    The vehicle, called the MH2 Hydrogen car, has been designed by Branislav Mauks

    He is a Slovakian designer who since 2007 has contributed in designing each of Ferrari’s models

  • Public Investment Fund of Saudi Arabia has announced the launch of ‘THE RIG,’ a new tourism project on oil offshore...

    “THE RIG” will span a combined total area of more than 150,000 square meters

    It will provide a multitude of hospitality offerings, adventures, and aquatic sporting experiences

  • New data out Friday showed $590 million in ransomware-related payments were reported to US authorities in the first half of...

    Washington has sought to crack down on a sharp rise in attacks, including issuing its first sanctions against an online exchange

    The heists involve breaking into a company or institution’s network to encrypt its data, then demanding a ransom,

  • An Iranian court has sentenced the former governor of Iran’s central bank to 10 years in prison for violating the...

    Zabihollah Khodaeian, judiciary spokesman, told state TV that besides violating the currency system, Valliollah Seif also had a role in smuggling foreign currency

    State TV said they were involved in violations of the currency market in 2016

  • The e-cheques will retain all the basic functions, legal validity, and benefits of paper cheques while providing a paperless payment...

    The e-cheques will come into effect on October 19, and will be available through two apps

    They are expected to complement traditional paper cheques, which are a popular payment instrument in Bahrain

  • Russian President Vladimir Putin signaled tolerance of cryptocurrencies, but is still not convinced they can replace the US dollar in...

    Russia has sought alternatives to trading in dollars since being slapped with sanctions in 2014 following the annexation of Crimea

    “It is legitimate and can be used in settlements, no doubt about that, but it is too early to use it for trading in oil"

  • The 2022 FIA Formula 1 World Championship will kick off at the Bahrain International Circuit.

    This will be the fourth time that the Formula 1 season will start in Bahrain

    The championship-opener was previously held at BIC in 2006, 2010 and in 2021

  • The Saudi and UAE bourses saw quite some ups and downs in the week that began on Sunday, October 10.

    The Saudi index started the week dropping 0.2 percent and closed the week increasing 0.64 percent

    Financial-sector stocks helped Dubai and Abu Dhabi indices end the week up 0.01 percent and 0.33 percent, respectively

  • Thousands descended on St James' Park when the takeover was finalised just over a week ago, celebrating the end of...

    Amanda Staveley says the consortium's ambition is to turn the struggling club into Premier League champions within the next decade

    Newcastle sit second bottom of the table, without a win in their opening seven league games this season