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.
  • A pick-up in aircraft orders boosted demand for big-ticket US manufactured goods in October, with numbers rising more than expected,...

    Orders for defense aircraft and parts soared 21.7 percent from September to October.

    Surging inflation in the United States and supply chain problems have proven a challenge to industry and consumers.

  • ALEXANDRIA, EGYPT - Jordan's Minister of Transport Maher Abu Al-Samen discussed with his Egyptian counterpart Kamel Al-Wazir ways and means...

    The talks were held on the sidelines of the Council meeting of Arab Transport Ministers in Alexandria, Egypt.

    Jordan's minister hailed the constructive meeting of Arab Transport Ministers.

  • They will optimize online grocery shopping for UAE customers.

    The products include everyday essentials and fresh grocery items delivered using fast-delivery options through the Amazon.ae online platform. 

    Mohamed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development (ADDED), said that such partnerships are what Abu Dhabi and the UAE continue to push for.

  • ABU DHABI, UAE - Abu Dhabi's Department of Health (DoH), the regulator of the healthcare sector in the Emirate, and...

    Department of Health Abu Dhabi and Eversight will focus on implementing the necessary arrangements for the eye and tissue bank.

    Eversight will develop a comprehensive medical framework to standardize and operate procedures on all clinical functions.

  • Nour al-Janabi, 29, designs, makes and mends in her south Baghdad workshop go from rustic style to Louis XV. She...

    In oil-rich Iraq, women make up just 13.3 percent of the labour force, according to the World Bank.

    Janabi said she receives comments from women and men telling her: "You make Iraq proud and you have accomplished something."

  • Al Suwaidi welcomed AIIB’s decision to opt for Abu Dhabi as the preferred location to have its first operational office...

    Al Suwaidi welcomed AIIB’s decision to opt for Abu Dhabi as the preferred location to have its first operational office outside of China

    He and Jin Liqun discussed ways to enhance cooperation between ADFD and the bank over the Energy Transition Accelerator Financing initiative

  • Abu Dhabi— Aldar has partnered with the Abu Dhabi Global Market Academy (ADGMA) to develop a range of talent development...

    Since the introduction of the NAFIS program in September 2021, Aldar has hired more than 260 Emiratis across the group

    The collaboration aims to enhance both entities’ contribution towards the UAE’s knowledge-based economy and foster the next generation of business leaders in the private sector

  • Affirma is in talks with Moelis & Co. on the sale of its minority stake in the company, sources told...

    Affirma is in talks with Moelis & Co. on the sale of its minority stake in the company, sources told the agency

    The Middle East is becoming increasingly attractive to private equity players thanks to strong post-pandemic economic growth

  • The ADGM Arbitration Centre has launched the world’s-first service that hosts mediation in the metaverse. Interestingly, it was one of...

    The ADGM Arbitration Centre has launched the world’s-first service that hosts mediation in the metaverse. Interestingly, it was one of the focuses of Dubai event held in May

    ADGM’s “mediation in the metaverse” service will provide a more immersive experience, enhancing virtual mediation by allowing the participants to access a 3D office space.

  • Apple and Google "have an effective duopoly on mobile ecosystems that allows them to exercise a stranglehold over operating systems,...

    An overwhelming 97 percent of all mobile internet browsing in Britain took place using Apple or Google technology in 2021

    Many UK companies and web developers argue that the status quo is harming their businesses, holding back innovation and adding costs