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.
  • Dubai Supreme Council of Energy on Monday discussed establishing a permanent committee to monitor petroleum product trading in Dubai and...

    At its 71st meeting, the Council said that in 2021, savings were equivalent to 6.4 terawatts of electricity, approximately 12.5 percent of business as usual.

    Since 2011, demand-side programs have contributed to avoiding 14.1 million tons of carbon dioxide emissions, saving nearly AED9 billion. 

  • The Sea Customs Centres Management, one of Dubai Customs’ departments, carried out 61,852 inspections and 120 seizures in the first...

    The Sea Customs Centres Management, one of Dubai Customs’ departments, carried out 61,852 inspections and 120 seizures in the first quarter of 2022.

    The smart scanning systems developed by Dubai Customs has increased the rate of identifying suspicious shipments.

  • DEWA has outlined expansion plans for the energy and water infrastructure based on demand forecasts until 2031, Al Tayer, MD...

    DEWA has outlined expansion plans for the energy and water infrastructure based on demand forecasts until 2031, Al Tayer, MD and CEO of DEWA said

    Al Tayer revealed that the clean energy share in Dubai’s energy mix has reached 11.5 percent and is expected to reach 14 percent by the end of 2022

  • Al Bateen ladies' beach in Abu Dhabi will be redeveloped with public amenities in order to brighten its appeal as...

    The beach covers more than 36,580 sqm and will feature a restaurant, cafes, a prayer room and a convenience store

    The beach will be temporarily closed from 4th July until its completion in the second quarter of 2023

  • The newly updated agreement between the two companies will pave the way for the production of Pilatus PC-24 Super Versatile...

    The newly updated agreement between the two companies will pave the way for the production of Pilatus PC-24 Super Versatile Jet interiors

    Strata has committed to a 70 percent Emiratisation rate for the project, and will be utilizing their next-gen Hot Press technology alongside a suite of Autoclave products

  • The star of the documentary drama, Pernilla Sjoholm, said that they have received support from the people. She said that...

    Actor says they have received a lot of support from people who have watched the docudrama

    She said that the documentary drama has helped opened doors for justice

  • Tokyo stocks opened higher on Monday as investors took heart from gains on Wall Street while staying cautious over the...

    The benchmark Nikkei 225 index was up 0.71 percent, or 184.45 points, at 26,120.07 in early trade, while the broader Topix index was up 0.97 percent, or 17.92 points, at 1,862.96

    Analysts said investors will be closely watching the outcome of this week's Federal Reserve meeting as well as speeches by senior officials from the US central bank

  • The rise of digital payments also increases the chances of payment frauds in the region, Damon Madden, Head of Business...

    The rise of digital payments also increases the chances of payment frauds in the region, Damon Madden, Head of Business Development - Fraud at ACI Worldwide, tells TRENDS

    As more banks and financial services companies adopt financial technology, newer and innovative ways of digital payments are emerging in the UAE, experts point out

  • Hundreds of port workers staged a strike in Jordan on Sunday as the prime minister announced the sacking of several...

    About 95 percent of the 2,300 Aqaba port workers participated in the strike, according to AFP

    At least 13 people, including five Vietnamese nationals, were killed and more than 260 others injured

  • Iraq received in excess of $11 billion as revenue for crude oil export in June, the Ministry of Oil said....

    Crude oil export in June from oil fields in central and southern Iraq amounted to (97) million (980) thousand and (589) barrels.

    Total exported quantities from Kirkuk fields through Ceyhan port amounted to one million (910) thousand and (887) barrels.