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
  • DOHA, QATAR -  The Communications Regulatory Authority (CRA) has announced the provision of maritime radio station licensing services for small...

    Qatar's Communications Regulatory Authority aims to process the requests of a large segment of the residents of the northern cities of the country.

    These services will facilitate the completion of their applications related to maritime radio station licensing for small ships.

  • Aim is to enhance trade between the UAE and Kazakhstan.

    The MoU is in line with the We the UAE 2031 vision aimed at strengthening bilateral economic relations between the two countries.

    The aim is to enhance economic ties in renewable energy, waste management, between the UAE and Kazakhstan.

  • Stock markets jumped after data showed US inflation slowed further in May, raising hopes the Federal Reserve will pause its...

    The dollar fell against other major currencies as the greenback usually benefits from higher interest rates.

    The US central bank has raised interest rates 10 straight times in efforts to combat elevated inflation.

  • ABU DHABI, UAE -  Hub71, Abu Dhabi's global tech ecosystem, on Tuesday announced the winners of The Outliers Program, which...

    Participating startups have been recognized for their innovative solutions in various challenges set by Hub71’s strategic partners as part of The Outliers.

    The winning startups were successful for the companies’ ability to implement innovative products and services that can have a positive impact.

  • DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) has commissioned six new 132/11 kV transmission substations from January to...

    The project included 3,450 meters of 132kV ground cable to connect with the main transmission network.

    The new transmission substations are in Al Jaddaf, Tilal Al Ghaf, Bani Yas, Jebel Ali Port, Marsa Dubai and Al Yufrah 1.

  • Arab nations have implemented several reforms to improve the ease of doing business. TRENDS take a look to determine the...

    Arab nations have implemented several reforms to improve the ease of doing business. TRENDS takes an in-depth look to determine the most business-friendly country in the region

    Business reforms have led to a significant increase in foreign direct investments, contributing to the growth of both the public and private sectors in the Arab countries

  • Riyadh, Saudi Arabia -- The 10th edition of the Arab-China Business Conference successfully concluded on Monday with the announcement of...

    The first day of the conference featured the signing of US$10 billion worth of investment agreements, spanning more than 30 deals across an array of sectors

    The conference featured 9 panels, 18 workshops, and several private meetings and hosted 150 speakers to explore, discuss Arab-Chinese economic cooperation

  • Dubai, UAE-- The UAE and South Korea are aiming to foster cooperation to promote entrepreneurship and support growth of small...

    The UAE's Minister of Economy, Abdullah bin Touq Al Marri, noted the strong business and strategic ties between the two countries, which continue to grow on many fronts

    South Korean FDI in the UAE, in insurance, mining, energy, real estate, touched US$2.2 billion in 2021, registering a staggering 73 percent growth since the beginning of 2013

  • Dubai, UAE--The UAE and Russia have held the second round of negotiations on the double taxation agreement on income and...

    The agreement is designed to provide protection to taxpayers from double taxation and remove bottlenecks on the path of trade and investment

    The UAE noted the importance of dialogue in fostering better bilateral relations with Russia, resulting in growth in trade, finance and investment

  • Riyadh, Saudi Arabia-- In order to boost the travel and tourism industry in the kingdom, Saudi Arabia will offer instant...

    The visa on arrival is just the latest step in Saudi Arabia's drive to make it easier for visitors to undertake a trip to the kingdom, boosting arrivals to 100 million by 2030

    The Saudi Tourism Authority has adopted digitization increasing accessibility and connectivity for visitors to enter the kingdom and enjoy its natural and cultural diversity