INSEAD Day 4 - 728x90

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

TECOM profit up 9%

Revenue, occupancy drive earnings higher

DAE H1 profit $229m

Growth triggered by higher earnings, stron cash flow
  • ArcelorMittal Projects is a part of the ArcelorMittal Group.

    ArcelorMittal Projects has also leased 1.38 million sq ft of industrial land in the zone

    The entire transaction, to be concluded in two phases, has a price tag of AED90 million ($24.51 million)

  • DP World will contribute its stakes in three existing ports and invest $1 billion over the next few years through...

    DP World will contribute its stakes in three existing ports and invest $1bn over the next few years.

    CDC is committing $320 million initially and a further $400 million over the next several years.

  • Lee Jae-yong is accused of having repeatedly taken anaesthetic propofol at a plastic surgery clinic in Seoul in 2017 and...

    Lee Jae-yong is accused of having repeatedly taken anaesthetic propofol at a plastic surgery clinic in Seoul in 2017 and 2018

    Propofol is normally a medical anaesthetic but is also sometimes used recreationally

  • Riyad-based ACWA Power will enter Saudi Arabia’s main market from the start of trading on Oct.18 and also join the...

    After debut on the Saudi exchange, ACWA shares jump by 30 percent.

    ACWA Power is selling an 11.1 percent stake at SR56 ($14.93) per share. It is the third-largest listing on the bourse.

  • Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian export credit company (CDP Group), have...

    Etihad Credit Insurance chief says significant gains made in Halal-certified businesses.

    The two sides explored how they can help boost the flow of goods, services and investment capital worldwide.

  • The latest installment in the James Bond movie franchise shot straight to number one in North America's box office on...

    The movie shot straight to number one in North America's box office on its opening weekend, netting $55.5 million

    The latest James Bond film sees Ian Fleming's spy hero dragged out of retirement to face off against old foes Blofeld, the criminal network SPECTRE and Safin

  • The world’s largest cryptocurrency exchange recently registered three companies in Ireland and is currently setting up several regulatory companies worldwide....

    Binance CEO Changpeng Zhao, according to sources, may move the operations of the world’s largest cryptocurrency exchange from Seychelles to the UAE city.

    The cryptocurrency exchange is banned by several governments, while other countries are open to investigations into allegations such as market manipulation

  • International Holding Company (IHC), Abu Dhabi conglomerate, has agreed to acquire 51% of Bin Suhail Group through a subsidiary to...

    IHC subsidiary Multiply Group, owner of beauty brands such as Bedashing, will merge with Bin Suhail Group

    The joint venture will operate under newly-established Omorfia Group, in which IHC will own a controlling 51% stake

  • Miral in collaboration with Warner Bros. announced today that The WB Abu Dhabi hotel on Yas Island, operated by Hilton...

    Visitors can stroll through the lobby or admire 360-degree city and sea views alongside their favorite props and costumes from Warner Bros. films and TV shows

    And kids and families can ring up one of their favorite Looney Tunes characters for a room service treat brought to them by the Wascally Wabbit, Bugs Bunny himself

  • The General Civil Aviation Authority (GCAA) has announced that the average aviation activity in the country rose from 1,238 flights...

    Saif Mohammed Al Suwaidi, Director General, said that the aviation activity in the UAE witnessed a significant increase prior to the Expo 2020 Dubai

    The GCAA's report also showed the country’s national carriers travel to 108 countries, benefitting from the logistical services provided by ten registered airports