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
  • Dubai, UAE - UAE banks experienced a significant surge in profitability during the first quarter of 2023, according to the...

    In Q1'23, customer deposits witnessed a remarkable growth rate of 43.5 percent, surpassing the growth of loans and advances

    Net interest income (NII) witnessed a slight uptick of 0.4 percent QoQ, and the overall net interest margins (NIMs) remained stable at 2.8 percent

  • Baghdad, Iraq--Iraq is looking to deepen cooperation with Iran in the transport sector and facilitate the movement of pilgrims between...

    An official in the Iraqi ministry said discussions focused on increasing cooperation in the field of land and air transportation, and ramping up the number flights

    The meeting between the Iranian and Iraqi ministers happened two days after Baghdad announced a plan to turn itself into a regional transportation hub

  • The cooperation of all parties will achieve the best-desired results and goals for which it was established, he adds during...

    OAPEC Secretary General, Jamal Al-Loughani emphasizes the need for the organization to align with international counterparts

    He also warns of the impact of global developments on the oil sector growth, including rising inflation and Russia-Ukraine conflict

  • Doha, Qatar--Qatar has posted a trade surplus of $6 billion in April 2023, according to a report by the country’s...

    Qatar's value of imports in April dropped 6.3 percent from the previous year and 9.3 percent from the last month to touch $2.39 billion

    The country's prime minister said this month that non-oil sector has grown 9.9 percent in Q4 of 2022, and oil activities also saw a 4.8 percent rise

  • Prague, Czech Republic-- The UAE and Czech Republic have held discussions on deepening cooperation in wide-ranging vital sectors of common...

    The discussions were held during the visit of Ahmed Ali Al Sayegh, Minister of State of the UAE, to the Czech Republic with the aim of boosting bilateral cooperation

    The UAE minister said that non-oil exchange surpassed US$1 billion in 2022 and that there was marked growth in Czech investment in the UAE

  • The UAE's strategic allure for global talent through enticing policies clashes with Saudi Arabia's ambitious Vision 2030, diversifying economy and...

    The UAE's strategic allure for global talent through enticing policies clashes with Saudi Arabia's ambitious Vision 2030, diversifying economy and broadening talent avenues

    Incorporating technology in every industry is crucial today. "Failure to do so could lead to a loss of competitive edge," says Chaitanya Peddi, Co-Founder of Darwinbox

  • Ajman, UAE - The Ajman Chamber of Commerce and Industry (ACCI) has discussed expanding the trade and joint investment with...

    The two parties focused on exchanging experiences, expanding business networks and developing partnerships.

    The non-oil trade exchange between the UAE and Türkiye reached $18.95 billion by the end of the year 2022.

  • This aligns with UAE's preparations for COP28 and the UAE Net Zero by 2050 Strategic Initiative, and is a part...

    This makes it the first Middle Eastern agency to develop a long-term strategy for migrating towards Net-Zero Emission Public Transport by 2050.

    The primary objectives of the strategy include the decarbonization of all taxis, limousines, and public buses and designing buildings.

  • The exhibition has become a popular platform for falconers to purchase elite captive-bred falcons from local and international farms.

    Last year's exhibition saw the sale of the most expensive falcon in its history, the American-bred "Pure Gyre - Ultra White" for $275,000.

    The breeding of falcons in captivity represented a real revolution in falconry and sustainability and the revival of this heritage.

  • SHARJAH, UAE- The Sharjah Chamber of Commerce and Industry (SCCI) will embark on a trade mission to India on Monday...

    The delegation will visit Mumbai and New Delhi, setting up business forums and arranging meetings with Indian business communities.

    The delegation will highlight the benefits and opportunities of investing in Sharjah, detailing the incentives and facilities available.