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.

  • The merged company will be called PT Indosat Ooredoo Hutchison.

    PT Indosat, the Indonesian arm of Qatari telecom firm Ooredoo, will be merged with and PT Hutchison 3 Indonesia

    H3I is a telecom company owned by Hong Kong-based CK Hutchison Holdings

  • Adnoc has inked deals with British Petroleum and Masdar for this.

    Under the terms of the agreements, Adnoc, BP, and Masdar will on UK and UAE clean hydrogen hub development

    This development will be at an initial scale of 1GW in the UAE and 1GW in the UK

  • A Dubai-based think-tank has said that as many as 254 start-ups, mostly from the UAE, Saudi Arabia, and Egypt, have...

    Dubai-based think-tank MAGNiTT said that as many as 254 start-ups, mostly from the UAE, Saudi Arabia and Egypt, have attracted record breaking funding this year

    Dubai SME offers funding options and support for including advisory and incubatory services to small and medium enterprises (SMEs), start-ups and established businesses

  • PSG boasts a stellar line-up, with the likes of Lionel Messi, Neymar, Kylian Mbappé, and Sergio Ramos taking to the...

    The tournament will be played in January next year as part of the second edition of Riyadh Season

    The event, which celebrates the city, will be held from October 2021 to March 2022

  • The strong demand for cloud computing in the Gulf region is driven by efforts of the member states to diversify...

    The UAE leads the region in terms of cloud computing adoption and annual spending.

    The MENA region will be worth around $5 billion to cloud suppliers by 2022.

  • Several airports in the region have announced plans to expand their airports to meet the expected growth in travel demand.

    Experts see up to 40 percent rise in premiums in the next two to three years.

    The total number of passengers traveling through DXB in the first five months of 2021 was around 9.9 million.

  • Aramco has bagged a one-year contract from Guyana to market the crude oil produced in the South American country.

    Guyana became the world's newest energy hotspot when a consortium led by Exxon Mobil Corp began producing crude off the country's coast in late 2019

    It is now producing around 120,000 barrels per day

  • Looking to protect many sectors of its economy from the competition that the foreign companies will present, Saudi Arabia has...

    Chaired by the investment minister, the new committee will also set the limit for foreign ownership in local companies

    The committee comes as more foreign entities take an interest in entering the Saudi market as part of the government’s push to modernize its economy

  • Bunyan United Company, the Saudi Arabia-based real estate firm, has tapped BMG Financial Group as its advisor for its upcoming...

    The Jeddah-based developer has real estate projects in several industries, including entertainment, medicine, and hospitality

    Bunyan United Company, the Saudi Arabia-based real estate firm, has tapped BMG Financial Group as its advisor for its upcoming listing on Nomu, a parallel market in the Saudi stock

  • Abu Dhabi will obtain large generator step-up (GSU) transformers, protection and telecommunication systems for the Al Dhafra PV2 Solar project...

    Hitachi ABB to supply GSUs for giant Abu Dhabi solar PV plant

    The project is located about 35 km from Abu Dhabi city and will supply power to Emirates Water and Electricity Company