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.
  • Stock markets across the GCC remained less enthusiastic as oil, which fuels the region's growth, declined amidst fresh coronavirus scare.

    Gulf stock exchanges declined during the last two trading days.

    The Dubai Financial Market fell 49 points for this week as a whole, or 1.4 percent, compared to last week,

  • Firm said it was paying the government a nine-digit sum.

    Bulb, Britain's seventh-biggest supplier, collapsed in 2021 due to soaring wholesale prices

    The government will give financial support to buy energy for Bulb customers over this winter.

  • AMMAN, JORDAN - Amman is scheduled to host the Seventh International Investment Forum for Renewable Energy and Energy Efficiency in...

    The forum will discuss over three days many important and vital issues on various fields of renewable energy, energy efficiency, green hydrogen.

    The forum's themes will also cover innovative agricultural patterns, energy management, carbon trading.

  • Jordan's cabinet reshuffle is a mandate for the government to work within the Kingdom's three modernization tracks, launched at the...

    The plans include political, economic and public sector modernization.

    The new tasks for the government are streamlining performance, improving public service, attracting investment and economic development.

  • It said profit was driven by multi-sector investments.

    The telecom company's revenues hit $13.33 billion during the nine-month period, up from $12.53 billion last year, which was offset by lower cost of revenue

    During the third quarter, stc’s profits jumped 21 percent to reach $933 million

  • The makeover is geared to provide connectivity and hospitality that showcases the emirate as a prime travel destination.

    The makeover is geared to provide connectivity and hospitality that showcases the emirate as a prime travel destination

    It also aims at ensuring safe, secure and sustainable airport environments and operations

  • The deal drew contrasting reactions, with former US president Donald Trump cheering the change of leadership on a platform that...

    Musk's first policy act was to tweet that he will form a "content moderation council" embracing "widely diverse viewpoints."

    "No major content decisions or account reinstatements will happen before that council convenes," he said

  • It recorded a150% rise in profit in first nine months of 2022.

    Revenues also grew significantly standing at $7 billion, representing a year-on-year increase of 133 percent with strong contributions from the existing portfolio in the healthcare

    The Group remains well-funded with a strong cash position of $4. 62 billion

  • Masdar will also participate with partners in the upcoming Round 4 tender announced by the Saudi Power Procurement Co.

    Masdar will also participate with partners in the upcoming Round 4 tender announced by the Saudi Power Procurement Co.

    Saudi Arabia plans to generate 50 percent of its electricity from clean sources by the end of this decade, targeting 58.7 GW from renewable sources

  • DUBAI, UAE - The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with the Bangladesh Securities...

    The MoU was signed by Chief Executive of the DFSA Ian Johnston and Chairman of the BSEC Professor Shibli Rubayat Ul Islam Friday in Dubai.

    The agreement provides a framework for facilitating cross-border collaboration between the two bodies on supervision and enforcement actions.