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.
  • Saudi Arabia and Italy will jointly explore investment opportunities in sectors as wide as finance, infrastructure and mobility, tourism and...

    The forum will focus on finance, infrastructure and mobility, tourism and culture, and renewable energy

    It will serve as a platform for Italian investors to explore the support services available from Invest Saudi

  • The Gulf countries still need to develop more laws since the use of Metaverse and Blockchain will expand in only...

    There is a need for assessing the role and impact of Metaverse and Blockchain in the GCC region, says MILLION CEO Julien Hawari

    GCC countries still need to develop more laws since the use of Metaverse and Blockchain will expand in only some regions, he adds

  • Algerian state energy firm Sonatrach announced Monday the discovery of an "important" deposit of gas condensate in the Hassi R'mel...

    The deposit is estimated to have between 100 and 340 billion cubic metres of gas condensate

    In May, the Algerian firm signed a memorandum of understanding with Italian giant Eni to boost gas exploration in the North African country

  • Christine Harb, CEMEA Vice President of Marketing at Visa, believes that the workplaces should offer the right flexible benefits for...

    Christine Harb, CEMEA Vice President of Marketing at Visa, believes that workplaces should offer the right flexible benefits for women to join

    The role of the women at the technological workplaces in the GCC is evolving with Metaverse, Harb said

  • Oil prices bounced and Wall Street stocks declined Monday, reversing the most recent trends as markets eye the end of...

    The broad-based S&P 500, which has fallen about 14 percent since the end of the first quarter, shed 0.3 percent on Monday

    Economists are increasingly pessimistic about the potential for US policymakers to engineer a "soft landing" as central banks tighten monetary policy

  • The Expo Center Sharjah participated in the “Global CEO Summit 2022” to improve international cooperation, and forecast the future of...

    The summit is organized by the Global Association of the Exhibition Industry (UFI) in Hamburg, Germany from June 22 to 24.

    The Center stressed its presence at the summit reflects its keenness to follow up on the developments related to global exhibition industry.

  • The Saudi Space Commission and the Italian Space Agency sign a memorandum of understanding for enhancing cooperation in the field...

    Saudi Space Commission, Italian Space Agency sign an MoU to enhance cooperation in space-related activities for peaceful purpose

    Federation of Saudi Chambers and General Confederation of Italian Industry ink an MoU to establish a joint Italian-Saudi business council

  • Qatar Chamber (QC) said in its quarterly report that the export value of private sector in Q1 2022 hiked to...

    During Q1 2022, Asian countries (except GCC and Arab countries) received 50.4 percent of total exports valued QAR 3.89 billion.

    India was the top business partner receiving exports valued around QAR 1.79 billion representing 32.2 percent of total exports.

  • The UAE Ministry of Energy and Infrastructure received the 'Sustainability Leader in Shipping' award and a 'Decarbonization Champion in Power...

    The UAE Ministry of Energy and Infrastructure was received the Sustainability Leader in Shipping award

    The ministry also got a Decarbonization Champion in Power Sector award during the Decarbonization and Climate Action Awards

  • The funds are Shariah-compliant and fully fungible exchange-traded funds.

    Both funds will be listed on Abu Dhabi Securities Exchange (ADX).

    The new Shariah-compliant ETFs will offer UAE investors direct access to US equity markets, further expanding Chimera’s product offering, the company said.