INSEAD Day 4 - 728x90

DAE H1 profit $229m

Growth triggered by higher earnings, stron cash flow

EasyLease H1 profit $12.2m

Revenue rises on stronger operations.

FAB profit edges higher

Income growth supports steady earnings.

UAB H1 profit climbs

Income, lending drive first-half growth

Sanad posts record revenue

Growth driven by global demand for services.
  • Tabuk, Saudi Arabia -- Red Sea Global (RSG), Zain KSA, and the French Serge Ferrari Group have developed and installed...

    In addition to being 100% solar powered, these towers are designed in a way that allows air circulation to reduce cooling costs, and do not require high maintenance.

    They are also aimed at preserving biodiversity and enabling tower sharing among all licensed telecom operators in KSA.

  • The two firms will provide heavy-lifting solutions in Qatar.

    Mammoet said in a statement that the collaboration will "capitalize on the individual strengths and capabilities of both companies".

    The solutions range from small mobile cranes for quick operations to complex engineered heavy lifting and transport projects.

  • RIYADH, SAUDI ARABIA – The Kingdom and the People’s Republic of China signed on Monday in Beijing a memorandum of...

    The MoU is similar to other agreements that GCA has reached with counterpart organizations in different countries.

    These agreements underscore GCA's elevated professional standing, at both regional and international levels.

  • DUBAI, UAE - Nasdaq Dubai has welcomed the listing of a US$600 million green bond by China Construction Bank (DIFC...

    The total value of bonds listed on Nasdaq Dubai by CCB, comprising the issuances by Hong Kong and Dubai branches, stands at $2.45 billion.

    The cumulative value of outstanding debt from Chinese issuers on Nasdaq Dubai stands at US$11.95 billion through 22 issuances.

  • Doha, Qatar--Qatar and Czech Republic are looking to ramp up trade and investment cooperation between the two countries. In this...

    The two sides looked at ways to bolster cooperation between Qatari companies and their counterparts from Czech Republic

    The trade volume between the two countries reached $183m in 2022, reflecting a 10% increase compared to the previous year

  • It commissioned 1,414 substations of 11kv in Dubai.

    The CEO of DEWA said the construction of the substations and related tasks resulted in a total of 996,648 man-hours

    He said DEWA is planning to boost the transmission and distribution networks based on electricity demand forecast until 2030

  • In the GCC's evolving cybersecurity realm, AI integration is crucial, driving economic growth and transforming defense strategies against complex cyber...

    In the GCC's evolving cybersecurity realm, AI integration is crucial, driving economic growth and transforming defense strategies against complex cyber threats.

    The region's AI strategy in cybersecurity strikes a balance between innovative growth and managing ethical dilemmas, ensuring powerful yet responsible use.

  • JERUSALEM -  Three fighters who crossed into Israel from Lebanon and two Israelis were killed in clashes and a strike...

    The Israel-Lebanon border has seen near-daily exchanges of fire between Iran-backed Hizbollah group and Israeli forces.

    Hizbollah leader Hassan Nasrallah, in a televised speech said the Israelis had "failed" to achieve any of its goals in Gaza.

  • The deal signifies PureHealth’s operational capabilities.

    The completion of this transaction further strengthens PureHealth’s commitment to becoming a leading global player in healthcare.

    The company’s expansion into the UK healthcare market reflects its focus on advancing the science of longevity and unlocking time for humanity.

  • DUBAI, UAE - Worldwide PC shipments totaled 63.3 million units in the fourth quarter of 2023, a 0.3 percent increase...

    PC shipments reached 241.8 million units in 2023, a 14.8 percent fall from 2022.

    This is the first time that shipment volume has dipped below 250 million since 2006.