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.
  • SFAX, TUNISIA - Thousands of Tunisian trade unionists held protests across the country on Saturday over worsening economic woes and the...

    The North African country is in drawn-out talks with the International Monetary Fund for a bailout loan

    Demonstrators in Sfax, where the largest protest took place on Saturday, chanted "Tunisia is not for sale!"

  • DUBAI, UAE -  Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi has marked the first anniversary...

    The Federation of Indian Chambers of Commerce and Industry is on a four-day visit to the UAE to mark the signing of CEPA.

    The FICCI delegation comprises over 100 exporters, start-ups and business owners.

  • Its profit shot up more than 5,000% to $14.45m in 2022.

    Earnings per share also advanced to SR1.07 in 2022 from SR0.02 in 2021

    Gross profit rose to $29 million in 2022 from $7.28 million a year earlier because of better sales volume, improved efficiency and a mix of products sold

  • The merger was settled with Vision Insurance Company’s existing shareholders by Oman Qatar Insurance Company.

    The merger was settled with Vision Insurance Company’s existing shareholders by Oman Qatar Insurance Company

    After the mergercertificate by Qatar Ministry of Commerce, Vision Insurance Company was delisted from Muscat Stock Exchange

  • It will focus on the development of defense trading.

    The announcement has comes ahead of the International Defence Exhibition (IDEX) to be held at the Abu Dhabi Exhibition Centre (ADNEC)

    GRADEONE specialises in providing various solutions to the military and defence sectors, including army, special forces, navy, air force, law enforcement, and search and rescue

  • At least six banks, seeking to open branches in Saudi Arabia, have obtained licenses from the Saudi Central Bank to...

    At least six banks, seeking to open branches in Saudi Arabia, have obtained licenses from the Saudi Central Bank to conduct operations in the Kingdom in the coming months.

    New banks are expected to add value to the Saudi economy by strengthening the services sector, expanding financing options and boosting public confidence in financial system

  • London, United Kingdom--Saudi Arabia has joined the race to buy Manchester United ahead of Friday's bid deadline, according to a report...

    Saudi joined the race to buy Manchester United, according to a report in Britain's Daily Telegraph, raising the stakes in what could be the most lucrative deal in sports history.

    There have been suggestions of a possible Qatar bid, with The Guardian reporting the state's ruler, Sheikh Tamim bin Hamad Al-Thani, was interested in buying United.

  • Total operating income rose 11% in 2022 compared to 2021.

    UAB is focused on positioning itself as the partner of choice among major corporate clientele segments.

    The bank's CEO said that their focus will remain on the delivery of an enhanced customer experience.

  • Abu Dhabi, UAE— The gross subscriptions written by all Takaful insurance companies in the UAE reached AED4.35 billion in 2021,...

    These subscriptions accounted for 9.82 percent of the gross premiums written in the insurance sector in 2021.

    The health Takaful insurance activity represented the largest share, accounting for 43.6 percent of the gross subscriptions.

  • Fashion house posted huge earnings despite inflation.

    Sales rose 29 percent to US$12.3 billion at current exchange rates.

    Hermes said its sales rose by 30.7 percent in the Asia-Pacific region, excluding Japan, in the last three months of 2022.