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.
  • The investment in the Dammam warehouse will bring the value of Investcorp’s global warehousing logistics investments to over $4 billion.
  • Riyadh, UAE---Saudi Arabia's Ministry of Investment has signed MoUs with three companies to develop and market investments in hospitality, tourism,...

    The MoUs were signed with Kadana Company, Lifestyle Development Company and Jusoor Al-Khaleej Company.

    The investment ministry is keen to attract investments and enhance their flow into the national economy in various sectors, SPA reported.

  • London, United Kingdom--British retailers won a boost from higher prices over the key Christmas trading period but the volume of goods...

    In December, revenue jumped almost seven percent from a year earlier largely thanks to surging food prices

    UK inflation dipped last month to 10.7 percent but remains close to 40-year highs, forcing consumers to switch to cheaper products

  • The contribution of financial companies operating from DIFC to the financial services sector in the country exceeded 13% of the...

    The contribution of financial companies operating from DIFC to the financial services sector in the country exceeded 13% of the nominal GDP of Dubai during 2021, Amiri said

    The DIFC has already been ranked first in the Middle East and among the top 20 globally on the Global Financial Centres Index for 2022

  • Dubai, UAE-- Top industry experts will share first-hand knowledge of the IPO process and the opportunities and challenges of becoming...

    The inaugural summit will shed light on the strong impetus and promising prospects of the initial public offerings (IPOs) sector in Dubai.

    It will also showcase a roadmap for startups and SMEs in Dubai, including expertise around its regulatory environment, business culture and capital opportunities

  • WhatsApp sued the Israeli technology firm in 2019, accusing it of targeting approximately 1,400 devices with spyware to steal information...

    Pegasus gives its government customers -- which have allegedly included Mexico, Hungary, Morocco and India -- near-complete access to a target's device

    WhatsApp sued Pegasus in 2019, accusing it of targeting approximately 1,400 devices with spyware to steal information from people using the app

  • Sales last year advanced eight percent to a record 6,021 cars.

    "2022 has been a momentous year for Rolls-Royce Motor Cars," said chief executive Torsten Muller-Otvos.

    Orders for Spectre, its first all-electric car that launches later this year, beat expectations, the company reported.

  • "Robust labour markets" alongside "increases in national minimum wages" and "trade unions demand(ing) higher wage increases" are also set to...

    Wage growth over the next few quarters is expected to be very strong compared with historical patterns, the ECB said.

    In December, inflation in the eurozone dipped under the symbolic figure of 10 percent, after 18 months of uninterrupted increase

  • The oil-rich kingdom, along with Egypt and Greece, is considering a bid to host world football's 2030 showpiece tournament, and...

    The arrival of the former Manchester United, Real Madrid and Juventus player came just weeks after neighbouring Qatar became the first Arab nation to host the World Cup.

    Al Nassr has nine Saudi league titles but never won the Asian Champions League, unlike four-time winners Al Hilal and Al Ittihad, who have lifted the trophy.

  • The Global Innovation Index ranks the countries on 81 indicators across seven categories, including Business Sophistication, Infrastructure and Technology Outputs...

    GII 2022 said this edition’s thematic focus on the future of innovation-driven growth provides a perspective on whether stagnation and low productivity growth are here to stay.

    It tracks the most recent global innovation trends against the background of an ongoing COVID-19 pandemic and slowing productivity growth.