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
  • Flights between Sharjah and Riyadh, Jeddah and Dammam to start from Sep 14

    Customers can now book their direct flights between Sharjah and Riyadh, Jeddah and Dammam by visiting Air Arabia's website

    All passengers traveling to the kingdom are required to download "Tawakkalna" mobile app

  • Based on a survey done last year, 77 percent of Lebanese youth said they think about emigrating and seek it,...

    Based on a survey done last year, 77 percent of Lebanese youth said they think about emigrating and seek it, and this percentage is the highest among all Arab countries

    Many professionals, including doctors, academics, entrepreneurs, and designers, have left or are planning to go

  • The company hires two members for Industrial and Logistics.

    Company credits Maxim Talmatchi, who was hired as manager and co-head of Industrial and Logistics, with 300 successful transactions.

    Dumitru Mamaliga, hired as industrial surveyor, has focused in the industrial and logistics sector in the UAE since 2017.

  • Cloning is in demand not only for beauty pageants and races but also for reproducing camels that produce large amounts...

    Some clients will pay between $54,500-$109,000 to duplicate a "beauty queen".

    Dubai claimed the world's first cloned camel, Injaz (achievement in Arabic), on April 8, 2009.

  • The destination is in high demand from business travelers, tourists.

    Two kinds of aircraft will be operated for the route.

    The airways has resumed operations from various destinations.

  • The RTA will operate 126 buses within Dubai, and 77 buses between Dubai and the other emirates, all so that...

    Dubai’s RTA will deploy 126 public buses for Expo 2020 Dubai visitors

    Called Expo Rider, they will be free for visitors, and available from nine locations across Dubai

  • The Saudi Vision 2030 has unlocked investment opportunities worth SAR12 trillion (€2.7 trillion or $3.2 trillion).

    Germany is a key trade and investment partner for Saudi Arabia

    It was the fourth-largest source of imports to the kingdom in 2020

  • DGCX will extend technical support and skills to VFEX.

    The aim of the agreement is to establish an international commodities exchange in Zimbabwe.

    The one-year agreement was signed during the visit of a high-level Zimbabwean ministerial delegation.

  • Surge in trade activity in Dubai has lifted the value of exports, re-exports.

    58,154 certificates of origin issued by Dubai Chamber in August 2021.

    Outside of the GCC, Egypt was the largest export market as member exports to the country.

  • Issued during the rule of former president Mahmoud Ahmadinejad in 2006, the Justice Shares were intended to assist economic privatization...

    The value of the portfolios of shareholders, which are estimated to be 49 million, has grown nearly ten times.

    The number of state-owned enterprises that were supposed to be privatized under the justice share program is now 49, valued at $21.8 billion.