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 pact aligns with CBI’s plan to support innovation in UAE.

    CBI, zypl.ai partnership signifies a strategic entry into using AI implementation for advanced credit scoring.

    CBI plans to further enhance operational efficiencies to ensure a swift and seamless lending experience.

  • It expects operating profits to jump to US$4.89bn.

    The company expects January-March operating profits to climb 931.3 percent to $4.89 billion

    The South Korean firm is expected to release its final earnings report at the end of this month

  • LOS ANGELES, US – The booming use of electric vehicles in parts of California is reducing CO2 emissions in those areas,...

    Scientists at the University of California, Berkeley, say a network of sensors has logged a small drop in the volume of carbon dioxide.

    Carbon dioxide is one of the main contributors to global warming, the human-caused phenomenon of rising temperatures.

  • London, United Kingdom - Britain's competition regulator deepened Thursday its probe into Vodafone's planned merger of British mobile phone operations with...

    The watchdog had warned last month that the deal could have a "substantial" impact on competition and may lead to higher prices and also reduced quality for consumers.

    The merger, if approved, will vault the combined operations above the country's two largest mobile operators BT EE and Virgin Media O2 in terms of customer numbers.

  • MUSCAT, OMAN – As part of its investment solutions and Sharia-compliant products and services, ahli islamic, ahlibank’s Islamic banking window,...

    ahli islamic customers now have the opportunity to invest and gain exposure to attractive local and regional profit rates.

    With its lucrative returns, the new Islamic Money Market Fund is for those seeking Sharia-compliant investments.

  • The aim is to offer trade finance solutions to businesses in UAE.

    This strategic partnership leverages DP World's extensive trade network and real-time data insights.

    It empowers RAKBANK with enhanced risk assessment capabilities and streamlined access to financing.

  • It is working on a robot that may be helpful to people.

    Apple is reported to have transferred employees from the shuttered car division to generative artificial intelligence projects

    The robot project is being overseen by Apple’s hardware engineering division and its AI and machine learning group

  • Vienna, Austria--The participants of the 53rd Meeting of the Joint Ministerial Monitoring Committee (JMMC) of the Organization of the Petroleum...

    The Joint Ministerial Monitoring Committee of OPEC+ agreed to keep current oil production levels unchanged

    It lauded Russia for announcing that its adjustments in the next few months will be based on production instead of exports

  • In December, the airline ordered 230 Airbus planes.

    The airline posted revenues of $20.9 billion last year, up 13.6 percent on 2022's figure

    The airline is controlled by the country's wealth fund, which owns 49.1 percent of shares

  • "Threat actors can employ artificial intelligence (AI) and machine learning (ML) algorithms to identify vulnerabilities and adapt their tactics in...

    DDoS attacks have evolved from simple nuisances to highly sophisticated and coordinated assaults, posing a significant threat to online businesses

    Today's attackers use various techniques, including amplification attacks, which exploit internet protocol vulnerabilities to multiply attack traffic, making mitigation challenging