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.
  • Dubai, UAE -- Saudi ACWA Power has signed three power purchase agreements and investment agreements valued at $2.5 billion with...

    In August 2022, ACWA Power committed $10 billion of new investments in the next five years in addition to the already committed $5 billion.

    Uzbekistan’s aims to generate 35 percent of its electricity (15,000 MW) from renewable sources by 2030.

  • Dubai, UAE -- A total of 24 companies headquartered in Dubai, representing 16 economic sectors, have attended a business forum...

    Astana in Kazakhstan was Dubai International Chambers' second destination under its New Horizons Mission to Central Asia.

    The Mission is aimed at driving the international expansion of Dubai businesses into new select markets.

  • FRANKFURT, GERMANY -  The European financial system is "resilient" and has sufficient liquidity, the European Central Bank said Monday, as banking...

    Switzerland announced that UBS would buy Credit Suisse for $3.25 billion, in a bid to prevent economic turmoil from spreading.

    ECB, European Banking Authority, EU's Single Resolution Board said they welcome the actions of the Swiss authorities to ensure financial stability.

  • Amman, Jordan--A government-sponsored program in Jordan has helped place 20,000 people into private sector jobs since its launch in April...

    The government program aims to provide 60,000 job opportunities in accordance with the private sector's demand

    More than 50,000 job seekers registered for the program, 26,258 of whom were female and 26,885 of whom were male

  • Women entrepreneurs in the region are overcoming challenges and changing perceptions with support from communities and government initiatives, Nohir Saleh,...

    Women entrepreneurs in the MENA region face challenges such as skepticism from workers and preconceptions from buyers and suppliers raising prices, says an expert

    Support communities and government initiatives are playing a crucial role in empowering women entrepreneurs in the region, adds Nohir Saleh of Incubator Middle East

  • New Delhi, India--Japanese Prime Minister Fumio Kishida arrived in India on Monday for talks expected to focus on deepening trade and...

    Japan PM's visit comes in the wake of Australian PM's trip to India, which also saw talks centering around China and trade

    India and Japan are expected to announce initiatives on clean energy, digital trade and infrastructure

  • The PIF-owned firm looks to deepen investment in recycling.

    According to Saudi Press Agency, the deal is intended to support the company's plan to establish partnership with the private sector

    The agreement between the two groups was signed on the sidelines of the Private Sector Forum, which was held from March 14 to March 15

  • Riyadh, Saudi Arabia--Saudi Arabia and Turkey have signed three agreements in the industrial sector during the Turkish Export Products Trade...

    The trade fair is designed to introduce the Turkish products and services to the Saudi market

    Trade exchange between Saudi Arabia and Turkey in 2022 amounted to about $5.86 billion

  • The central banks will step up so-called swap line operations, which give non-US central banks greater access to dollars. "To...

    The special drive will be launched Monday by the Fed and the central banks of Canada, the UK, Japan, the EU and Switzerland

    The announcement came hours after Switzerland brokered the UBS takeover of its troubled Swiss rival Credit Suisse

  • The Abraham peace Accords between Israel and some Middle Eastern countries has paved the way for new cooperation and energy...

    Diplomatic efforts, capacity building, and support for sustainability make Middle East and GCC region significant in global energy arena, says an expert

    Tension between Russia and western Europe prompts search for new energy sources, benefiting oil-producing companies in the region, adds Ritu Singh of Stone X