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.
  • Unlike other automation platforms that redirect customers to third-party websites, Altegio keeps booking processes within the client’s own ecosystem.

    Altegio’s platform offers over 30 specialized tools that streamline operations across marketing, sales, finance, and team management

    Founded in 2022 by a group of international entrepreneurs, Altegio has rapidly grown to serve over 10,000 businesses across 89 countries

  •  Global VC investment fell from a five-quarter high of US$95.5 billion in Q2'24 to a nearly seven-year low of US$70.1...

    Global VC investment drops from US$95.5 billion to US$70.1 billion quarter-over-quarter

    AI accounts for six of ten largest VC deals globally in Q3'24

  • Boeing, the beleaguered aviation giant announces what is expected to be its biggest quarterly loss in four years, and striking...

    Analysts estimate a loss of US$6.1 billion, its biggest since the fourth quarter of 2020

    On October 15, Boeing announced it plans to raise up to US$25 billion to navigate the period

  • San Francisco, United States - Microsoft on Monday said it was enhancing its AI offerings with new autonomous agent capabilities as...

    AI agents are specialized programs designed to perform routine tasks autonomously, such as sifting through sales leads or handling customer service inquiries

    The AI agent has become the newest buzzword for major software companies that are investing billions in powerful AI models, which they believe will shape the future of computing

  • San Francisco, United States - Netflix on Thursday said it added more than five million subscribers in the recently ended quarter...

    The streaming juggernaut said it ended September with 282.7 million subscribers, reporting a profit of $2.4 billion

    Netflix shares rose nearly five percent to $720.75 in after-market trades, trading at slightly more than double the price from a year earlier

  • The company has projected a large third-quarter loss.

    The aviation giant must "reset our workforce levels to align with our financial reality," Chief Executive Kelly Ortberg said

    The company announced a series of belt-tightening measures and production delays in the wake of the nearly monthlong strike of 33,000 workers

  • Riyadh, Saudi Arabia-- A signing ceremony for Riyadh Season 2024 sponsorships was held on Thursday at Via Riyadh. General Entertainment...

    Riyadh Season provided a sponsorship worth SAR2 million to the Association of Saving Food

    It is a major opportunity for companies to achieve maximum exposure in global and local markets

  • The US Department of Justice (DOJ) made recommendations for Google’s search engine business practices on Tuesday, according to US media....

    Structural remedies that would prevent Google from using products such as Chrome, Play, and Android

    Google will likely appeal, drawing out the process potentially for years

  • Abu Dhabi, UAE - The UAE Ministry of Investment (MoI) announced today its support and key role in the advancement...

    Located approximately 350 kilometres northwest of Cairo, the Ras El Hekma project has garnered significant interest from Emirati investors

    Modon Holding, the master developer for the Ras El Hekma megaproject, will steer the project in partnership with prominent partners from Egypt

  • OpenAI has finalized a deal to receive US$6.6 billion in new funding from investors who valued the company at US$157...

    Backers expect OpenAI’s chatbot to become much more widely used and haul in huge profits

    MGX is targeting some of the world's biggest scale global technology investments