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
  • Bitcoin breached the $60,000 mark for the first time since April on growing hopes that US regulators will greenlight the...

    The SEC has rejected attempts to create such an ETF since 2013

    An ETF is a financial product that can include different assets and be traded on an exchange like other stock

  • A court in Dubai has directed Nissan Motor Co. Ltd. and Nissan Middle East to pay $354 million as compensation...

    The case sought compensation for damages suffered due to breach of contract allegedly committed by Japanese automaker Nissan

    The Dubai court issued a precautionary attachment order over goods and moveables

  • Dubai Multi Commodities Centre (DMCC) has sold a 100+ carat rough diamond for $5.218 million (US$ 44,004 per carat) in...

    The 118.58-carat type IIa stone was viewed by top diamond trading companies from Asia and Europe.

    During one tender event in Dec. 2020, $87 million worth of rough diamonds were sold at Dubai Diamond Exchange.

  • The US-based company will replace LinkedIn in China with an application dedicated to applying for jobs but without the networking...

    LinkedIn was given a deadline by Chinese internet regulators to better oversee content on the site.

    Aside from being a venue for finding jobs, LinkedIn is a place for exchanges over business developments or news.

  • Israeli companies are tapping air force veterans’ expertise to avoid collisions in increasingly crowded skies as they look to start...

    Israel has a public-private initiative worth 20 million shekels, or about $6 million to advance its drone technology

    As part of it, three drones were delivery-tested earlier this week

  • Both will work to support the growing fintech market in UAE.

    Achieving the financial inclusion objective of the UAE one of the aims behind partnership.

    The partnership will help Infinios to expand its regionally unique banking-as-a-service solution (BaaS).

  • As the 'influencers' phenomenon gets popular on social media, many of them in the Arab world have ridden the Instagram...

    Instagram is currently one of the most powerful channels for brands and SMBs

    In the post-pandemic era, brands can be developed and sustained without physical stores

  • The UAE and South Korea have discussed the prospect of pursuing a Comprehensive Economic Partnership Agreement to strengthen economic ties,...

    The negotiation process for this agreement is set to begin soon

    It is expected to cover issues like market access to goods and services, ecommerce, and carbon neutrality

  • ADQ has entered into a definitive agreement to acquire the remaining 20 percent equity stake of The National Health Insurance...

    Since 2006, Daman has grown to become the nation’s largest health insurance provider

    As a partner to ADQ, Munich Re will continue to be Daman’s reinsurer

  • A consortium of companies has signed a 20-year deal with the Egyptian Electricity Transmission Company (EETC) to develop, construct and...

    The Nasdaq Dubai and Egypt stock exchange listed company did not disclose a value for the project

    The project is subject to financial close, after which the wind farm will be implemented in 30 months