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
  • Boeing has already lost $20 billion in fines, lost orders, and other costs, due to these two crashes, both of...

    A Delaware judge observed that while those who died in the crashes were the primary victims, Boeing shareholders were secondary victims

    She has allowed the Board of Directors to be prosecuted on charges that they did not make good-faith decisions about the safety of the aircraft

  • Called the Iker Casillas Goalkeeper Training Center, this will be the first such facility by the Real Madrid goalkeeper outside...

    The center is to be established in partnership with Dubai’s Fursan Hispania FC

    It will be helmed by former Spain international footballer Michel Salgado

  • The change in operators coincided with the 12th anniversary of Dubai Metro, which started operation on September 9, 2009.

    The operation and maintenance contract of Dubai Metro and Tram with Keolis-MHI LLC spans 15 years

    Of these, nine are base years, and six years are renewable every two years

  • Standard Chartered has forecast that Bitcoin will touch the magical figure of $100,000 in the first quarter of 2022, and...

    On Wednesday, Bitcoin was trading at a little more than $46,000

    Ethereum and Binance Coin were trading at $3,413 and $409, respectively

  • Continuing with its expansion strategy, Eltizam Asset Management Group, a subsidiary of the Abu-Dhabi based International Holding Company, acquired Inspire...

    Acquisition part of ltizam Asset Management's expansion strategy

    Inspire Integrated, which will continue to operate under the same name, specializes in infrastructure and real estate solutions

  • The scope of the cooperation covers potential joint opportunities in Mena, South East Asia, Europe, and other regions of mutual...

    The MoU aligns with Mubadala Petroleum’s approach to Environmental, Social & Governance ESG considerations and its energy transition goals

    This includes pursuing a gas-weighted portfolio strategy that has seen the company’s asset base reach almost two-thirds natural gas

  • The consortium, called Pearl Petroleum Company Limited, is led by Dana Gas and Crescent Petroleum, both of which are from...

    Pearl Petroleum’s financing from DFC is expected to boost its work at the Khor Mor gas plant in the Kurdistan Region of Iraq

    Proceeds from the seven-year financing are expected to support an increase in gas production capacity at the plant by 50 percent

  • The relations between the Arab world and China have touched new highs particularly after China launched the Belt & Road...

    Bilateral trade between China and GCC increased 180 percent from US$68bn in 2009 to US$190bn in 2019

    Gulf imports from China totaled US$10 bn in clothing, textiles, and fabrics, accounting for 66 percent of Arab trade with China

  • Aramco, with this partnership, will focus on driving sustainability in the region through digital transformation.

    The partnership will help Aveva establish its largest digital hub, with R&D capability, in the Middle East

    It will also enrich Saudi Arabia’s knowledge economy by incorporating research from prominent universities across the kingdom

  • Empower is servicing 3,850 RT at the skyscraper.

    DMCC was keen to build the Uptown project according to the Leadership in Energy and Environmental Design gold standards

    As a result, it is now supplied with environmentally friendly cooling services of sustainable global standards