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

  • The economies of the region are recovering fast on the back of the rising oil prices and speedy vaccination programs,...

    The economies of the region are recovering fast on the back of the rising oil prices and a reasonably speedy vaccination program

    In 2022, tourism should also significantly boost growth, resulting in recovery in the non-oil sector as domestic consumption and investment demand improves

  • The latest project is aimed at increasing the company’s fabrication capacity.

    The firm is building a dedicated facility for new building projects comprising 70,000 sq.m. area

    The world-class yard will feature cutting-edge equipment, a much leaner execution process and a facility for heavy structures

  • SmartHub has become a key element of the digital infrastructure in the region.

    Etisalat’s SmartHub data centres act as an ICT bridge between continents, always supporting critical business activities of global customers

    SmartHub seeks to be a preferred location for carriers, cloud service providers, Internet exchanges and companies looking for a carrier grade data centres

  • The new company, Mrs Bectors Food International, was incorporated on September 14.

    Mrs Bectors Food Specialities Limited was incorporated as Quaker Cremica Foods Private Limited on September 15, 1995

    Following the termination of a JV agreement, the company was renamed Mrs Bectors Food Specialities Private Limited

  • Expo 2020 Dubai is the first world expo in the Middle East, Africa, and South Asia region.

    The theme of the six-month event is Connecting Minds, Creating the Future

    It covers three sub-themes: Sustainability, Opportunity, and Mobility

  • The listing and trading of shares of Natural Gas Distribution on Nomu will start on September 22, as a direct...

    Daily price fluctuation limits will be +/- 30 percent and static price fluctuation limits will be  +/- 10 percent

    The trading of shares will begin on September 22

  • The United Arab Emirates will become a major player in emerging blue hydrogen market, according to the CEO of the...

    The UAE is strengthening its position as a regional leader in natural gas and the emerging blue hydrogen market

    "Today, gas provides almost one-quarter of the world’s energy supply and will continue to play a critical role in the global energy system"

  • Gas will be sourced from SNOC's own resources and ADNOC imports.

    In 2019 SNOC and ADNOC signed an interim contract to close the gas supply gap with SEWA.

    Sharjah has also begun to develop its own resources of gas.

  • The scheme allows them to manage properties from outside the country through law firms or realtors.

    The usufruct period for buildings can last for up to 50 years, and be extended for 99 years.

    With this scheme, Oman aims to keep pace with global trends around controlling the movement of funds.

  • In order to cater to growing demand for charter planes, RoyalJet, the wholly owned subsidiary of the Abu Dhabi-owned RoyalJet...

    Demand for private flights expected to surge further as Expo 2020 draws near

    The jets are available for charter by business and leisure travelers who are looking to fly directly into and out of Dubai