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
  • Sharjah, UAE--The Real Estates Sector Business Group has discussed with the Sharjah FDI Office (Invest in Sharjah) ways to promote...

    The discussion centered on how the sector can benefit from the Sharjah FDI Office's expertise to promote real estate ventures in the emirate

    Sharjah Chamber noted the remarkable growth in the sector, emphasizing how real estate is acting as a backbone to the emirate's economic prosperity

  • Sharjah, UAE - It's been a busy start to the year for members of the Sharjah Business Women Council (SBWC),...

    Sharjah Business Women Council has a member community of 2,000+ business women and aspiring entrepreneurs

    The council has brought members closer to new prospects in fashion, F&B, perfumes, and other sectors

  • Its net profit for Q2of 2023 rose to US$187m.

    The company during the period also received a first-ever cash dividend of $42 million from Zain KSA

    For H1 the group generated consolidated revenue of $3.03 billion, an increase of 12% YoY

  • The UAE scored 134 on the Global Digital Shopping Index, exceeding the global average of 125, as 94% of adults...

    The UAE scored 134 on the Global Digital Shopping Index, exceeding the global average of 125, as 94% of adults in the country use digital shopping features, say a survey

    Free shipping, competitive prices, convenience remain key drivers of UAE's online shopping as merchants focus on improving digital experiences, fostering a cohesive ecosystem

  • Dubai, UAE - Dubai International Chamber attracted 56 businesses to the emirate during H1 2023, including six multinational corporations and...

    It also supported the expansion of 15 local and national companies into global markets, either by increasing their exports or helping them to establish a presence abroad.

    During H1 2023, Dubai International Chamber inaugurated six global representative offices in Hong Kong, Australia, the United Kingdom, Indonesia, South Africa, and Singapore.

  • Paris, France -- Taiwanese chipmaker TSMC agreed Tuesday on a multibillion-dollar deal to build a plant in Germany, part of a...

    Taiwanese chipmaker TSMC agreed Tuesday on a multibillion-dollar deal to build a plant in Germany.

    US firms accounted for 48% of the global industry, South Korea second and Europe third.

  • Washington, United States - The US trade deficit narrowed in June on a bigger pullback in imports than exports, according to...

    The overall trade gap came in at $65.5 billion in June, down from a revised $68.3 billion figure in May, Commerce Department data showed.

    While stronger than expected consumer spending has helped to boost US trade, analysts have noted that this could weaken going forward.

  • Oslo, Norway - Norway's data protection agency said Tuesday it would start fining Facebook and Instagram owner Meta nearly $100,000 per...

    Norwegian watchdog Datatilsynet announced the ban on July 17 and originally said that Meta had until August 4 to take corrective measures.

    "Meta's behavioral advertising entails intrusive surveillance of its users, negatively impacting their right to data protection," Datatilsynet head Tobias Judin said.

  • The investment giant was hit by a drop in the share prices of major holdings.

    The firm has made huge bets to find and grow hot new tech ventures around the world, but that has left its earnings vulnerable to market forces.

    The company suffered investment losses "due to declines in the share prices of Alibaba, Deutsche Telekom, and T-Mobile US.

  • Dubai, UAE -- Dubai's real estate market recorded real estate deals worth more than AED 2 billion ($544 million) on...

    The deals include 433 sales transactions worth AED1.7 billion, in addition to 90 mortgage deals totaling AED270.28 million, and 37 gift deals amounting to AED69.36 million.

    The sales included 405 villas and apartments worth AED954.83 million, and 28 land plots worth AED744.62 million.