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.
  • Dubai, UAE -- The United Arab Emirates has continued to attract global companies looking to establish regional or global headquarters....

    This trend is supported by the country's legislative and digital infrastructure, as well as its strategic location.

    A report from the Kearney Foundation ranked the UAE second among emerging markets in its "FDI Confidence Index 2025."

  • San Pedro, United States -- Floating blue paddles dance on the waves that lap a dock in the Port of Los...

    Floating paddles on a dock move with the waves, causing hydraulic pistons to push a fluid.

    The pressurized fluid then spins a turbine to generate electricity.

  • ABU DHABI – Abu Dhabi National Oil Company (ADNOC) has sold a 3 percent stake in its logistics and shipping...

    The placement of 222 million shares to institutional investors was significantly oversubscribed by seven times within a four-hour accelerated bookbuild.

    The transaction, priced at AED 5.25 per share, will increase ADNOC L&S’s free float to 22 percent, a key step toward achieving MSCI index inclusion.

  • Beijing, China -- A dozen furry dolls strung together on a metal chain dangled from Labubu fan Maki Li's neck...

    Made by Chinese toymaker Pop Mart, the fanged creatures have taken the world by storm, adorning the handbags of celebrities such as Rihanna and Dua Lipa.

    Last month, commerce minister Wang Wentao used the toothy-grinned dolls as an example of "new forms of consumption.

  • Ajman, UAE -- Real estate transactions valued at AED 1.48 billion ($381 million) were recorded in Ajman in July 2025....

    Commercial properties accounted for the largest share of the total valuation value at AED943 million.

    Residential properties amounted t AED198 million, while industrial properties ranked third with a total of AED336 million.

  • Riyadh, Saudi Arabia -- Saudi Arabia’s non-oil exports rose by 17.8 percent in the second quarter of 2025, according to...

    The increase included a 46.2 percent rise in re-exports, while national non-oil exports excluding re-exports grew by 5.6 percent.

    In Q2 2025, a 15.8 percent decline in oil exports dragged total merchandise exports down by 7.3 percent year-on-year.

  • Dubai, UAE -- Dubai’s Creator HQ, the first headquarters for content creators in the UAE and the Middle East, has...

    The initiative aims to position the UAE as a global hub for the content economy, with a target of 10,000 creators in its next phase.

    The headquarters also reports that 78 global content companies from 24 countries have relocated to the UAE.

  • Buraidah, Saudi Arabia -- The Buraidah Date Carnival witnessed growing economic and tourism activity, making it a key destination for...

    The event combined morning date auctions with a variety of cultural and entertainment activities held in the evening at the King Khalid Cultural Center.

    The carnival offered visitors the chance to explore Buraidah’s historical and cultural landmarks through tourist bus tours.

  • Chipmaker Intel has agreed to give the US government a 10-percent stake in its business, the company and President Donald...

    The deal came after Trump's administration said Intel should give Washington an equity stake in exchange for large grants committed when Joe Biden was president

    Under the agreement, the US government will receive 433.3 million shares of common stock, representing a 9.9 percent stake in the company, Intel said in a statement

  • Paris, France - Developer Jonathan Jacques-Belletete has taken a gamble on forthcoming game "Hell is Us", hoping to ape the...

    "I'd had it up to here" with work on big-spending productions whose price tag can run into the hundreds of millions, the veteran of firms like Ubisoft and Eidos Montreal told AFP

    he industry has had huge difficulties in recent years" with waves of layoffs at major players like Sony and Microsoft,where smaller outfits "seem to have held up better