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 step followed penalty for faulty sleep respirators.

    The new chief executive Roy Jakobs said Philips would double down on patient safety and quality management

    The company posted a net profit of three billion euros in the third quarter last year, helped by the sale of its domestic appliances business

  • The company also announced the winning products of the Co-Innovation Award, the launch of the first Local Technology Guide in...

    The company also announced the winning products of the Co-Innovation Award, the launch of the first Local Technology Guide in the Middle East and North Africa

    It also issued the first Local Technology Products Guide in the MENA to facilitate access to local products developed by IT and emerging technologies companies

  • The bank's profit rose to $1.3bn in the first nine months of 2022.

    The bank saw its shares increase 1.84 percent at the end of Sunday to reach SR36

    The profit hike was buoyed by higher operating income, due to an increase in earnings from net special commissions, fees and commissions

  • Publishing a video of the action on Twitter, the environmental protest group Last Generation wrote: "If it takes a painting...

    Dressed in black with orange vests, the two activists poured the mashed potatoes on the painting before squatting in front of it and sticking a hand each on the wall

    In a similar stunt on October 14, two environmental protesters hit van Gogh's world-renowned work with tomato soup at the National Gallery in London

  • Doha, Qatar— Qatar Tourism has thrown open more than 20 hotels, resorts and new tourist destinations in the country ahead...

    The projects and tourist attractions will be ready to receive football fans from next month

    New attractions include entertainment venues, seaside and beach clubs, arts and culture houses, shopping malls, and the new Qatar 2022 hotels and resorts

  • The agreement gives Shell an effective net participating stake of 9.375 percent in the NFS project, out of a 25...

    The agreement gives Shell an effective net participating stake of 9.375 percent in the NFS project, out of a 25 percent interest available for international partners

    The North Field Expansion Project, comprising NFS and the North Field East (NFE) expansion projects, is the industry's largest-ever LNG project

  • DUBAI, UAE - UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the World Food...

    The Minister held meetings with several high-level FAO officials on the UAE’s contribution in tackling global food and nutrition insecurity.

    The event drew governments, youth champions, global influencers and non-profit organizations to support youth-led transformation of agrifood systems.

  • Since June 2022, when the first Liv Golf tournament funded by Public Investment Fund was played, nine golfers in the...

    American stars Bryson DeChambeau, Dustin Johnson and Phil Mickelson each reportedly received more than $100m to defect to LIV Golf.

    The first LIV Golf Invitational Series event started on 9 June 2022 at the Centurion Club near London, England. The Invitational Series is to become the LIV Golf League in 2023.

  • Dubai, UAE---Dubai Integrated Economic Zones Authority (DIEZ) will collaborate with DP World to support the Tumoohi Initiative, a training program...

    Under the agreement, DIEZ will give participants an an opportunity to gain professional and practical experience and learn about best practices and global standards.

    Participants will be able to work with DIEZ, along with companies registered in the Dubai Airport Freezone (DAFZ) and Dubai Silicon Oasis.

  • Saudi Crown Prince, Prime Minister and Chairman of the Council for Economic and Development Affairs Prince Mohammed bin Salman bin...

    GSCRI will help enable investors to benefit from the Kingdom's resources, capabilities and support and develop these value chains.

    It will also build successful investments, which will give greater flexibility to economies, businesses and consumers around the world.