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
  • Disney+ finished the quarter with 146.1 million subscribers, compared with just shy of 158 million in the first three months...

    Disney shares were up more than 2 percent to $90 in after market trades despite the drop in streaming service subscriber numbers

    The unusual quarterly loss for the company was due to charges related to ending licensing agreements and yanking content from its streaming platforms

  • Riyadh, Saudi Arabia -- The Saudi Tourism Investment Company (ASFAR), a Public Investment Fund (PIF) portfolio company, has announced a...

    Under the terms of the agreement, ASFAR will serve as the official sponsor of the Al-Hilal Saudi Club until the end of the 2025-2026 season

    Founded in 1957, Al-Hilal Saudi Club is the most decorated football club in Saudi Arabia and the most successful Asian club

  • "New technologies like generative AI bring both opportunities and risks. A holistic AI strategy ensures privacy, security, and compliance, considering...

    The rise of ChatGPT has ignited immense interest in generative AI, with numerous businesses integrating it enterprise-wide

    AI technology is proliferating at an unprecedented pace, surpassing any other technology, writes Gail Coury, SVP and CISO, at F5

  • Dubai, UAE-- More than 15 million people visited Dubai Municipality public parks, neighborhood parks, lakes, and recreational facilities for the...

    The record-breaking trend marks a 50 percent increase in the same period of 2022, which recorded approximately 10 million visitors

    The spike in the number of visitors to the parks and other recreational facilities is made possible by their location and ease of access

  • Abu Dhabi, UAE--Black Cobra Military Supplies (BCMS) and the National Factory for Safety and Security Products (NFFSP) have signed a...

    Aided by the Emirates Defence Companies Council (EDCC), the MoU looks to offer a sustainable platform that supports the strategic goals of the two companies

    NFFSP's CEO said the agreement will enable the two companies to produce modern, high-quality items "that fulfill the needs of the region's military and security forces"

  • Riyadh, Saudi Arabia--The Saudi Export Development Authority organized a trade mission to Japan under the theme of "Saudi Made" in...

    The Saudi Export Development Authority's initiative to organize the campaign in Japan is designed to boost non-oil Saudi exports

    The kingdom's non-oil exports to Japan totaled $438 billion over the past five years (2018-2022), including $99.20 billion last year

  • Revenue for the first half decreased 22% to $222 million.

    Revenue for the first half decreased 22 percent to $222 million compared to $284 million in H1 2022.

    The Group’s production in H1 2023 averaged 59,800 boepd, a 2 percent drop as compared to 61,100 boepd in H1 2022

  • The market share of Hala Taxi service vehicles grew 35%

    The market share of Hala Taxi service vehicles grew 35% in H1 2023 2023, up from 28% in the same period of 2022

    Equally, the number of drivers in this sector soared from 19,000 to 26,000 between these respective periods

  • Its net profit for H1 of 2023 stood at US$11.70 million.

    The company's revenue was $762 million in the first half of 2023, a five percent decline year-on-year

    International Express business reported $101 million in gross profit for H1 2023, a YoY increase of 1%.

  • Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality...

    Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare

    Experts stress the urgent need for regulation and careful consideration of the risks and benefits associated with PMCs in an increasingly complex and conflict-prone world