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.
  • In this latest suit, prosecutors took aim at Google's extremely profitable advertising business, asking that it be broken up to...

    The federal case follows state lawsuits against Google that have alleged it illegally dominates the markets for online search, advertising technology and apps on the Android mobile

    The recent case is the second federal lawsuit against Google over alleged antitrust violations and the first since US President Joe Biden took office two years ago

  • It will run under the motto,“we move people with ease”.

    The adoption of Sharjah Taxi’s new corporate identity is in support of directives of the emirate of Sharjah in adopting new, innovative and sustainable strategies

    The Sharjah Taxi fleet includes approximately 750 meticulously maintained vehicles of various types and models

  • Abu Dhabi, UAE-- Hotels across Abu Dhabi have posted a 24 percent growth in occupancy to 4.1 million visitors during...

    Revenues jumped by 23% from the previous year to $1.47 billion in 2022

    UAE nationals accounted for the largest share of the capital's hotel guests during the past year, with a share of 29%,

  • The first thing QCSD worked on was the movable funds register aimed at helping small and medium-sized enterprises to benefit...

    The Qatar Central Securities Depository (QCSD) is working on the application of lending and borrowing to help investors in Qatar and give them additional options and tools

    The first thing QCSD worked on was the movable funds register aimed at helping small and medium-sized enterprises to benefit from the tools, says its CEO Sheikh Saif Al-Thani

  • DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) announced that it is participating in the 8th Dubai International Project...

    On the second day of the DIPMF, Saeed Mohammed Al Tayer, MD and CEO of DEWA, will participate in a panel discussion.

    DEWA will present practices and experiences implemented in Dubai, which has become a global benchmark for best practices.

  • Dubai, UAE--Dubai real estate market recorded deals worth AED1.5 billion ($408 million) on Tuesday, Dubai Land Department said. The deals...

    The deals included 520 sales transactions worth AED1.22 billion, in addition to 72 mortgage deals of AED216.8 million.

    The sales included 440 villas and apartments worth AED902.79 million, and 80 land plots worth AED321.11 million.

  • Twitter's British landlord said it is taking the social media to court for not paying rent on its London offices....

    Elon Musk, the billionaire CEO of Tesla and SpaceX, bought Twitter for US$44 billion in October 2022.

    Musk sacked half of the staff and reportedly stopped paying rent for office space to try to raise funds after taking on massive debt to buy the firm.

  • DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) launched the 'OWNEK' awareness initiative to help its accredited contractors and...

    The OWNEK initiative will save the contractors and consultants time and effort and speed up the workflow.

    The initiative includes a series of awareness sessions and detailed videos in Arabic and English.

  • ABU DHABI, UAE - Abu Dhabi Agriculture & Food Safety Authority (ADAFSA) has just been announced as the winner of...

    Auwn Community Program assisted in accomplishing ADAFSA's Corporate Social Responsibility goals by implementing several community initiatives.

    These include blood donation drives, support for people of determination and cancer patients, community and environmental development initiatives.

  • Ras Al Khaimah, UAE -- The government of Ras Al Khaimah became the first in the world to achieve the...

    The accomplishment was announced at the World Future Energy Summit 2023, held as part of Abu Dhabi Sustainability Week (ADSW).

    A comprehensive retrofit of government buildings was carried out between 2018 and 2022, through energy performance contracting.