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
  • DUBAI, UAE - Fitch Ratings has affirmed the critical role that COP28 will play in raising awareness of sustainability issues...

    Fitch Ratings has affirmed the critical role that COP28 will play in raising awareness of sustainability issues in the region.

    Environmental, social and governance bonds in UAE constitute over 19 percent of the global ESG bond market.

  • DUBAI, UAE – Dubai Customs has experienced a robust 13 percent increase with 21.6 million transactions during the first nine...

    The upswing aligns with the targets of Dubai’s economic agenda D33, which seeks to double foreign trade.

    By the end of the third quarter of 2023, Dubai Customs had processed approximately 18.8 million customs declarations.

  • AJEX will have rights to operate warehousing facilities at Modon.

    These facilities will be utilized for the storage of a diverse range of goods, including hazardous materials, food and beverage products, and general items.

    The newly secured warehousing space aligns with Dammam's pivotal role in the Kingdom's oil, gas, and industrial sectors, AJEX said in a statement.

  • NEW YORK, US - The US transition to electric cars has hit a speed bump, with concerns about vehicle range and...

    Automakers in recent weeks have pushed back EV sales targets and delayed capital projects as they seek to reduce inventories of unsold EVs at dealerships.

    The network of EV charging stations in the US remains dodgy, with many areas either lacking infrastructure or equipped with unreliable machines

  • PARIS, FRANCE - Rarely a month goes by without big tech companies getting fined for price fixing, squashing competitors or misusing...

    Ireland's data regulator confirmed that Meta has not paid any of the US$2.2 billion in fines issued since last September.

    Amazon is still appealing against a US$812 million fine from 2021, Luxembourg's data regulator said.

  • Dubai, UAE-- With its financing packages for the renewables sector to support the transition to clean and sustainable energy sources,...

    EDB CEO Ahmed Mohamed Al Naqbi said the bank through its financing can help businesses switch to solar-power to reduce emissions

    The bank can offer up to 100% financing with a maximum tenure of 15 years and a two-year grace period for investments in renewable energy

  • AI and NLP are revolutionizing workplace efficiency by enabling employees to swiftly access essential information, thereby augmenting customer and personal...

    AI is creating a 'frictionless' work environment, streamlining daily operations.

    Invisible apps provide seamless integration, enhancing employee efficiency.

  • Abu Dhabi, UAE-- The third edition of the Investopia summit will be held in Abu Dhabi in February next year,...

    The event is expected to be graced by thousands of particpants from around the globe and locally, including investors, government officials, decision-makers, and entrepreneurs

    The minister said that the summit is one of the important projects of the UAE in transitioning towards the new economic model and stimulating investment in future economic sectors

  • His dismissal caught the tech world by surprise, with rumors rife on social media as to the cause of the...

    Altman became a tech world sensation with the release nearly a year ago of ChatGPT, an artificial intelligence (AI) chatbot with unprecedented capabilities

    Analysts scrambled to interpret the shakeup, and the sacking of 38-year-old Altman, a Stanford University dropout, entrepreneur and computer coder

  • Washington, United States - The X platform has launched a new update that includes the job search feature, which provides...

    A job search tool similar to the LinkedIn platform is now available on X's website

    X reported back in September that “hundreds” of companies had listed open roles in the app