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

  • RIYADH, SAUDI ARABIA - The Minister of Human Resources and Social Development and Chairman of the Board of Directors of...

    The minister said by executing many projects, the non-profit sector has contributed to achieving national development.

    He said one of the achievements has been the development of the incorporation procedures of non-profit organizations within four days.

  • DUBAI, UAE - Dubai Land Department (DLD), through the real estate development sector, has launched the real estate investment trusts...

    The move aims to provide incentive benefits to encourage REIT to consider various projects across Dubai.

    The aim is also to increase investment in the market by achieving a long-term capital return for shareholders.

  • Neves, who arrived at Wolves from Porto, had one year on his contract left at Molineux. He joins in the...

    "From the 'Wolves' to the biggest team in Asia," Al-Hilal announced on social media after the player signed a three-season deal in Paris

    Neves leaves Wolves after six seasons for "a club record fee", the Premier League side announced, reported to be around 55 million euros

  • New York, United States - Metatime, a blockchain technology company, has so far raised $25 million through crowdfunding, pre-sales, and...

    The investors included Yildiz Tekno Venture Capital Investment Trust, Yildiz Technical University Technopark, and telecommunications and financial institutions

    Metatime aims to integrate blockchain solutions into various sectors such as energy, tourism, insurance, CRM, advertising, cybersecurity, and virtual reality

  • Abu Dhabi, UAE-- The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) has made it mandatory for foreign...

    In order to make it easier for vehicle owners to posses insurance cover, the authorities will provide them with online access to the platform to buy insurance

    The vehicle owners can access the service on the ICP's website or by downloading the "Shory Aber" application available for iOS and Android devices

  • Executive education in GCC countries is being driven by economic diversification and technological trends, Peter Zemsky, Deputy Dean of INSEAD,...

    Executive education in GCC countries is being driven by economic diversification and technological trends, Peter Zemsky, Deputy Dean of INSEAD, tells TRENDS.

    Amidst rapid technological changes, business education plays a pivotal role in equipping leaders and fostering a culture of continuous learning, adds Zemsky

  • DUBAI, UAE -  A total of 4,048 real estate transactions worth over US$4.2 billion  (AED 15.6 billion) were conducted during...

    The records show that 278 plots were sold for US$473 million, while 2,965 apartments and villas were purchased for US$1.9 billion.

    The top transaction was that of a plot of land in Wadi Al Safa 3 which sold for US$24 million, the records revealed.

  • FRANKFURT, GERMANY -  Shares in Siemens Energy plummeted on Friday after the company warned that technical problems at its wind turbine...

    Siemens Energy said it was setting aside over US$1.1 billion over the coming years to fix the issues at troubled wind turbine subsidiary Siemens Gamesa.

    Shares in Siemens Energy plunged by more than 30 percent shortly after trading opened in Frankfurt, and ended the day about 37 percent lower.

  • They will more than double Indonesia's BNCT's capacity to 1.4m TEUs.

    The expansion and modernization program will strengthen BNCT's position as a major trade and logistics gateway in the Malacca Strait, DP World said.

    DP World will also work with its partners to connect other terminals and small ports on the Island of Sumatra.

  • ABU DHABI, UAE - Aggregate capital and reserves of banks operating in the UAE rose by 10 percent year-on-year (YoY)...

    National banks accounted for 86 percent of the total capital and reserves of banks operating in the UAE, which stood at US$102 billion by April-end.

    Share of foreign banks in aggregate capital and reserves of banks operating in the UAE settled at 13.6 percent, reaching US$ 16 billion by April-end.