INSEAD Day 4 - 728x90

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

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.
  • The owner of Dubai Mall attributes 80 percent jump in net to recovery in retail sector.

    Mall operator reports higher visitor spends, online sales

    Net profit for January to June 2021 reached 622 million dirhams ($169 million), registering an 80 percent increase

  • Nigeria was the largest West African export market for member companies, accounting for a 32 percent share of the value...

    Plastics accounted for 31 percent of exports, followed by electrical machinery/electronics (14 percent)

    Commodities with the highest untapped potential for export and re-export include polyethylene, sugar cane and rice, trigger batteries.

  • The sale is part of UAE-Japan industrial cooperation and development of ammonia supply chains.

    ADNOC sold its first cargo of blue ammonia to Japan's Itochu on Aug. 3.

    Sales part of UAE-Japan industrial cooperation and development of ammonia supply chains.

  • New license for professionals to be issued by ADDED allows 100 foreign ownership of a business. ADDED also highlighted that...

    ADDED will also issue a form of service agent agreement to streamline the relationship between partners.

    604 activities covered under the license, including accounting, training, consultancy, beauty centers.

  • More than a million passengers are expected to arrive at Dubai International (DXB) over the next 11 days in what...

    The airport says it is bracing for exceptionally busy weekends

    Between August 12 and 22, average daily travelers passing through the DXB gates will peak to around 100,000

  • Saudi nationals aged 12-18 can obtain Umrah permits if they have received two doses of Covid-19 vaccine, the ministry of...

    Hajj and Umrah ministry’s announcement follows the inauguration of 2021 Umrah season.

    Permits must be obtained through the Eatmarna and Tawakkalna apps.

  • The aim of the cooperation is to activate the role of DCD and SCAD within a set of future programs...

    The agreement will help policymakers, decision-makers to support labor force in Emirati capital.

    Need felt for collection of accurate statistics and data related to work environments and workers’ quality of life.

  • Latest review by global property consultant Knight Frank says apartment values in Saudi capital grew by 7.6 percent year on...

    Latest review by global property consultant Knight Frank says apartment values in Saudi capital grew by 7.6 percent year on year.

    Riyadh and Jeddah likely to witness a 25 percent and 36 percent increase in total office supply in the next three years.

  • Gross written premiums for the H1 of 2021 rise by 4.2 percent to AED 2.67 billion.

    Gross written premiums for the first half of 2021 increase by 4.2 percent to AED 2.67 billion.

    ADNIC’s net investment and other income increased by 58.3 percent to AED87.3 million for the six-month period.

  • This will allow health authorities a pre-study of the file to issue the marketing approval in the UAE for innovative...

    Factories in UAE can start manufacturing procedures and apply for marketing approval for similar products

    Local manufacturers can market their products in the UAE soon after expiry of the protection period for innovative products