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
  • ADCP is a JV between Mubadala and Alpha Wave Global.

    AP Moller Capital focuses on, among other areas, opportunities in upper middle market infrastructure investments in sectors such as transportation and renewable energy.

    This venture reinforces ADCP’s commitment to the development of the institutional financial ecosystem from its headquarters at the ADGM, the firms said in a statement.

  • The UAE's firm signed an agreement with Iberdrola to co-invest in the 476-megawatt Baltic Eagle offshore wind farm in the...

    Masdar's CEO Mohamed Jameel Al Ramahi and Iberdrola's Executive Chairman Ignacio Galan signed the deal

    For close to seven years now Masdar has revolutionized the clean energy sector in the UAE, and beyond

  • Dubai, UAE - L&T Construction, part of Larsen & Toubro, has secured new orders in Saudi Arabia, Malaysia, and India....

    The company will construct a ±525kV High Voltage Direct Current (HVDC) transmission segment in Saudi Arabia

    In the Sarawak region of Malaysia, L&T Construction has won an order to establish a 275kV Substation

  • Profits jumped 52 percent to $2.6 billion .

    General Motors cited strong consumer demand, which has allowed for solid pricing while keeping incentives in check

    Profits jumped 52 percent to $2.6 billion on revenues of $44.7 billion, which were up 25 percent

  • Tech titans announced better-than-expected earnings.

    An earnings statement reported that net profit for Microsoft was $20.1 billion in the April to June period, up 20 percent year-on-year and above expectations

    Microsoft shares lifted off last week when the company said it would charge $30 extra per user to turbocharge its Microsoft 365 product with AI power

  • Doha, Qatar -Qatar Airways, British Airways, and Iberia have come together to form a new joint venture In a move...

    With the addition of Iberia, the national carrier of Spain, to the existing BA-QR partnership, travelers can now enjoy enhanced worldwide connectivity

    Customers from the Middle East, Africa, Asia, and Australia will benefit from seamless travel to popular Spanish and Portuguese destination

  • Its net profit for H1 of 2023 jumped to US$169 million.

    The bank's earnings per share (EPS) amounted to QR 0.41 as of June 30, 2023 versus EPS QR 0.38 for the same period in 2022.

    Chairman of QIIB's board of directors said that the results posted by the bank are in harmony with the strength of the Qatari economy

  • Doha, Qatar-- The Qatar Free Zones Authority has joined hands with Qatar Development Bank to support foreign investors and firms...

    The agreement will enable both to widen the areas of cooperation to serve companies investing in free zones, allowing them to use a variety of services

    The partnership is expected to create a suitable investment climate in Qatar and at the same time provide support to investors to achieve growth in businesses

  • Abu Dhabi, UAE - Khalifa Economic Zones Abu Dhabi or KEZAD Group, and Al Jazeera Steel Products Co, held the...

    The establishment of the mill over an area of 210,000 square metres in KEZAD aims to enhance steel manufacturing capabilities

    The 450,000 tonnes per annum medium section mill will answer the growing customer demand for its products

  • The sales in H1 of 2023 climbed on the back of high demand.

    The sales were seen to be driven by a deep understanding of the UAE real estate market, offering residents a unique and exclusive experience

    Sharjah Sustainable City offers the best of both worlds to customers with unique designs, spacious layouts, and cutting-edge smart home technologies