INSEAD Day 4 - 728x90

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

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.
  • Traders are expected to scramble to incorporate changes in sentiment following last week's data, while keeping an eye on the...

    Changes in sentiment following last week's data and global data are expected to impact trading

    Qatari stock market may reopen with new pressures on prices due to caution among investors

  • "As the gold correction unfolded last week, platinum remained supported due to supply concerns from South Africa facing frequent power...

    Crude prices are heading for their biggest weekly loss since last month's banking turmoil-led sell-off, wiping out most of the gains that followed the OPEC+ cut announcement

    Mining companies' quarterly results highlight that global tightness in the copper market will continue, but the short-term outlook points to continued rangebound trading

  • Baghdad, Iraq -- The Federation of Iraqi Chambers of Commerce FICC has said that Iraq offers promising investment opportunities and...

    Iraq has thousands of promising investment opportunities in oil, agro-industries, commercial and tourism, said FICC head Abdul Razzaq Al-Zuhairi.

    He called on the government to "improve these processes and eliminate red tape, bureaucracy, nepotism and other things that keep the investor from investing his money in Iraq."

  • Doha, Qatar-- Qatar expects a big boost in hotel occupancy rates by at least 80 percent during the Eid holidays...

    Qatar aims to have at least six million visitors annually and raise the contribution of the tourism sector to the country's GDP to 12 percent by 2030

    Visitors can now apply for a visa using a single platform, on which they can submit their visa applications and then receive the travel documents

  • It will acquire a portfolio of towers in Europe for US$1.3bn.

    According to a statement, Tawal infrastructure, an arm of Saudi Telecom will pay cash for a host of more than 4,800 towers in Bulgaria, Croatia, and Slovenia

    A few media reports said that it was close to a deal to buy the assets from United Group, which is backed by buyout firm BC Partners

  • The sector is likely to grow at a CAGR of about 10% on the back of technology adoption, rising expenditures...

    The sector is likely to grow at a CAGR of about 10% on the back of tech adoption, rising expenditures in building industry, and flourishing tourism, says an expert

    Tech-driven dynamism in market leads to surge in computer-aided facility management and IoT adoption, highlights Sangeetha B, Founder & CEO of Amantra

  • The firm was a regular on the Fortune 500 list of biggest American companies.

    The home goods chain filed voluntary petitions for relief under Chapter 11 at the United States Bankruptcy Court.

    The New Jersey-based retailer, sold everything from shower curtains and soaps to vacuum cleaners and duvet covers.

  • SHARJAH, UAE -  India is among the UAE's most significant investment partners, with substantial mutual investments. Iron and steel rank...

    Iron and steel rank among the top commodities exported from the UAE to India.

    India is among UAE's most vital trade partners, with substantial mutual investments.

  • MIYAZAKI, JAPAN  -  With hunger levels rising and food prices soaring in most of the world, collective actions are necessary...

    Trade continues to be key for global food security and all nations must commit to well-functioning markets and transparency, FAO said.

    "We need to work together in an efficient, effective and coherent manner to identify the solutions," FAO added.

  • To meet the estimated energy demand from hydrogen and electric aircraft in 2050 would require the amount of energy produced...

    Carbon-free propulsion options, such as battery and hydrogen-powered aircraft, are some of the options the aviation industry is pursuing.

    Airports, airlines and others will need to make heavy infrastructure investment to deliver the green hydrogen and electricity the aircraft will need.