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 growth was spurred by abundant liquidity created by easing monetary and fiscal policies besides a rebound in oil prices.

    The pharma and biotech index topped performance during H1 2021 with returns of 24.3 percent and 50.4 percent.

    Abu Dhabi Exchange topped the region’s equity markets by gaining as much as 35 percent.

  • There is increasing international alarm over the sheer volumes of fossil-fuel based plastics entering the environment, as microplastics have infiltrated...

    It estimated that unless there was concerted international action, a projected doubling of plastic production could see costs rocket by 2040 to $7.1 trillion.

    Since the 1950s, roughly 8.3 billion tons of plastic have been produced with around 60 percent of that tossed into landfills or into the natural environment.

  • The French firm, formerly called Total, will now build four power projects in Iraq.

    Iraq said this was the largest investment in Iraq by a Western company

    Iraq has immense reserves of oil and gas, but is facing an acute power crisis despite that

  • The national carrier of Oman inked the deal with tripsnstay.

    The agreement follows the recent announcement of Oman easing travel restrictions

    The country on September 1 reopened its doors to vaccinated travelers with a negative PCR test result

  • Th plots are part of phase 2 of The Fairways project in Ajman.

    This phase of the project is said to feature a total of 90 townhouses, 71 villas, and 33 buildings

    All of them will be overlooking the golf course and the Al Zorah Mangrove

  • Vladivostok and Murmansk identified as transshipment hubs.

    The berth will help expand Vladivostok Commercial Seaport as a transshipment hub connecting cargo from East Asian countries to North-West Europe via the Northern Sea Route.

    A record 33 million tons of cargo was carried along the route in 2020.

  • DUBAI: The Dubai Investment Development Agency (Dubai FDI), the investment promotion agency of Dubai Economy, has said Amazon Web Services’...

    AWS plans to open data centers in the UAE in 2022.

    The new AWS Middle East (UAE) Region will consist of three Availability Zones and become AWS’s second region in the Middle East.

  • EPGC has announced that Badr Al Olama is its new chairman.

    Badr Al Olama is the current executive director of the UAE Clusters at Mubadala’s Investment Company

    He also spearheads the organizing committee of the UN-backed Global Manufacturing and Industrialization Summit

  • Bahrain’s Customs president hailed importers, traders, and customs agents for the achievement.

    Bahrain said it has reduced the average waiting period for such loaded trucks to just 52 minutes in the first half of August

    This was in comparison to the 757 minutes — more than 12 and a half hours — in the previous years

  • As part of economic transformation, some Gulf countries seek to achieve targets in digital transformation via long-term plans such as...

    The UAE has become a technological leader in hosting the world's largest event, Expo 2020 Dubai.

    In February 2021, 24 global firms had signed agreements to open regional offices in Riyadh.