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.
  • Apple is unlikely to meet production goals for its new iPhone before the holidays because of a global electronic chip...

    The firm will have to settle for 80m against the planned 90m iPhone 13s.

    Chip shortages were affecting all parts of the industry, not just Apple, said Apple chief Tim Cook.

  • This is the latest in the several agreements the two companies have had over the years.

    As a result of the agreement, both parties will now eye common progress in the field of decarbonization

    The agreement is scheduled to run for five years with an option to extend thereafter

  • Madayn has signed a deal to build a 100MW solar PV farm.

    Oman-based Madayn has signed an agreement with Mubadrah and Solar Wadi to build a solar farm

    Madayn, also known as Public Establishment for Industrial Estates, will build the farm in the Suhar Industrial City

  • Q3 net profit surges 44 percent compared to Q2.

    The increase in net profit was attributed to a decrease in selling and marketing expenses and financing costs.

    The net comprehensive income grows by about 2 percent.

  • 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