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 total revenue in Q3 ended Sept reached AED156.11 million

    The company will reach 30,000 motorbikes by the end of 2022, doubling the size of its fleet from a year earlier.

    Easy Lease said it will open local offices in Saudi Arabia and Bahrain before the end of this year, targeting a 10 percent share by the end of 2023 of the Saudi Arabian market.

  • Android had a suite of Google apps pre-installed on its phones, including the company's own search engine, "which accorded significant...

    The company's Android mobile operating system is by far the dominant player in India and is run on 95 percent of all the country's smartphones

    The Competition Commission of India (CCI) said Google had configured the platform to unlawfully crowd out rivals to its popular apps, including YouTube

  • Twitter had filed a lawsuit to hold Musk to the terms of the takeover deal he inked in April, even...

    While pitching his deal to buy Twitter to investors, Musk said he planned to get rid of nearly three-quarters of the firm's workers

    Staff cuts at the San Francisco-based company would likely hamper the platform's ability to moderate abusive posts or keep data secure

  • October 30 is expected to be the busiest day with daily traffic exceeding 259,000 passengers.

    October 30 is expected to be the busiest day with daily traffic exceeding 259,000 passengers

    Passenger numbers are rising rapidly towards 2019 levels on the back of strong recovery throughout 2022

  • The earnings per share amounted to $0.54.

    Data issued by the company, published on Qatar Stock Exchange website, Thursday, indicated that earnings per share amounted to $0.54

    The Group was established in 1996, and was listed on Qatar Stock Exchange in 1997, with a capital of $77 million

  • The UAE capital -- which now boasts 5,325 registered vessels -- is well on its way to become a key...

    The UAE capital -- which now boasts 5,325 registered vessels -- is well on its way to become a key hub for the international superyacht industry, says a report

    The completion of more than 150 new superyachts worth US$3.9bn in 2022 points to Abu Dhabi's entry into this premium industry, which may benefit UAE's economy

  • The Finnish company reports net sales of $6billion.

    Finn company Nokia reported a 22-percent rise in profit to $419 million

    Nokia CEO Pekka Lundmark said the quarter demonstrated that he was delivering on the ambition to accelerate growth.

  • Firm is making 'pricing adjustments' as inflation soars.

    Ericsson's shares closed down 15 percent on the Stockholm stock exchange.

    The lower profits were partly due to Ericsson's $6.2 billion acquisition of US cloud communications company Vonage.

  • The net profit for the same period last year was $738m.

    The bank said the total operating profit grew 19 percent to SAR 6,966 million and net special commission income grew 19 percent to SAR 5,117 million.

    SABB’s shareholders’ equity remained stable at SAR 53 billion with total assets of SAR 300 billion, said Lubna Olayan, Chair of the Board of Directors SABB.

  • The United Arab Emirates is set to host three healthcare events next week in Dubai where over 4,000 healthcare professionals...

    Over 4,000 healthcare professionals and participants are expected to attend.

    Around 140 expert speakers will deliver 110 scientific sessions and over 40 participating countries will also be present.