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.
  • Streamlined legislation, increased investment in infrastructure and hosting of international maritime events contribute towards growth of Dubai’s yachting industry.

    Streamlined legislation, increased investment in infrastructure and hosting of international maritime events contribute towards growth of Dubai’s yachting industry

    After Dubai’s participation recently at the Monaco Yacht Show, and the recent Gulf Superyacht Summit 2022 hosted in Dubai the future looks bright for Dubai’s yachting industry

  • Raja Al Mazrouei will succeed Massimo Falcioni.

    Raja Al Mazrouei is a digital transformation expert with over two decades of experience in the financial services and technology sectors

    She has a track record of successfully turning around and enabling businesses and is also a member of multiple boards in the region

  • ABU DHABI,  UAE - UAE Ministry of Energy and Infrastructure signed a Memorandum of Understanding (MoU) with UK Department for...

    The agreement aims to exchange information, knowledge, expertise and studies in the field of energy

    The MoU aims to enhance strategic and technical cooperation in the energy sector, develop renewable energy technologies including regulatory frameworks and incentives.

  • Dubai, UAE: The United Arab Emirates ranks fourth on the list of 63 economies around the world in the Tax...

    Published by Switzerland-based International Institute for Management Development (IMD), the World Competitiveness Yearbook assesses and ranks 63 economies around the world.

    The UAE place on the Yearbook depicts the country’s total contribution to GDP with its taxes, its stable rates of inflation, low tariffs and balanced price indexes.

  • Doha, Qatar-- The number of building permits issued in Qatar in December 2022 decreased by 18 percent (527 permits), compared...

    The decrease was noted the most in the municipalities of Al Rayyan (47 percent), Al Khor (37 percent), Al Shammal (25 percent.

    permits. Villas top the new residential buildings permits list, accounting for 83 percent (120 permits) in the residential sector.

  • The Saudi market's general index, TASI, rose 1.19%, Dubai Financial Market 0.47%, Abu Dhabi Stock Market Vadax 15 index 0.133%...

    Fifteen sectors rose on the Saudi Stock Exchange, led by banks at 2.37 percent, capital goods 1.64 percent, energy 0.93 percent.

    In the Dubai Stock Exchange, the industry sector increased by 1.2 percent, followed by the real estate sector by 0.9 percent, the consumer goods sector by 0.44 percent,

  • MEGA II is the world's largest 3D printer, the company said.

    The technology will enable engineers to develop large-scale boats and products that are in high demand.

    The global additive manufacturing market size was valued at $13.84 billion in 2021 and is expected to reach $44.03 billion by 2027.

  • DUBAI, UAE - The 28th edition of the Dubai International Pharmaceutical Technologies Conference and Exhibition (DUPHAT) 2023 concluded.  The three-day...

    The largest-ever edition of DUPHAT, the 2023 event brought together more than 1,100 exhibiting companies.

    The event also discussed on how countries in the region can collaborate to enhance partnerships in the pharmaceutical industry.

  • DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has organized 157 training courses and awareness sessions on occupational health...

    DEWA organized its 20th Internal Health and Safety Week which featured various activities in aspects of occupational health and safety.

    DEWA continues to upgrade the expertise of its staff to reach the highest levels of excellence and quality through ongoing training.

  • Dubai, UAE--Dubai real estate market recorded transactions worth AED1.9 billion ($517 million) on Thursday, Dubai Land Department said. These included...

    These included 432 sales worth AED1.45 billion, in addition to 73 mortgage deals of AED464.03 million, and 20 gift deals amounting to AED18.34 million.

    The sales included 342 villas and apartments worth AED1.06 billion, and 90 land plots worth AED384.09 million.