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 Europe's apex bank is expected to gradually tighten monetary policy whilst using asset purchases to support weaker countries in...

    The European Central Bank has the impossible task of setting a single monetary policy that is suitable for a diverse mix of countries in very different situations, says QNB

    The ECB will gradually tighten monetary policy while using asset purchases to support weaker countries in the periphery in a bid to avoid a full-blown resurgence of the Euro

  • The sector, according to a KPMG report, scores low on customer satisfaction due to operational issues, lack of timely support,...

    The sector, according to a KPMG report, scores low on customer satisfaction due to operational issues, lack of timely support, long waiting times and lack of feedback.

    The most negative net sentiment has been associated with payment methods such as debit cards, credit cards, and loans, highlights the latest KPMG report

  • The fund will offer venture debt tools to startups and SMEs.

    SVC CEO Nabeel Koshak said the investment is part of the company's program to invest in funds.

    Koshak said funds offering venture debt tools provide financing solutions for startups, and SMEs, known for their quick growth rates.

  • The Sharjah Chamber of Commerce & Industry organized a business meeting with the Embassy of the Republic of North Macedonia...

    Sharjah Chamber of Commerce & Industry organizes a meeting with North Macedonia Embassy in the UAE

    In the meeting with a North Macedonia delegation, SCCI promotes the emirate’s tourism potential

  • Minister of Transport and Logistics, Engineer Saleh bin Nasser Al-Jasser, praised the seafarers for their role in the global maritime...

    The minister was speaking on the occasion of the International Seafarers Day, observed on June 25.

    More than 1,000 Saudi sailors work onboard the Saudi Naval Fleet, which in 2021 recorded advanced ranks in the tonnage side, and ranked first regionally and 21 globally.

  • Emirates Health Services has signed a MoU with Johnson & Johnson Middle East to strengthen collaboration towards developing more advanced...

    UAE''s EHS has signed a MoU with Johnson & Johnson to strengthen collaboration towards developing more advanced health services

    The agreement will also strengthen collaboration in developing innovative hi-tech solutions to support the health sector in the country

  • The UAE delegation’s visit to Canada comes at a time when the UAE is preparing to host the 28th United...

    The UAE delegation’s visit to Canada comes at a time when the UAE is preparing to host the 28th United Nations Climate Change Conference of the Parties (COP28) next year

    The conference will focus on upholding climate commitments, inclusion for all, and collaboration towards implementing concrete measures and developing practical solutions

  • Saudi Arabia is seeking to convince investors and companies in Britain to make investments in the kingdom's industrial and mining...

    In this connection, Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef held a meeting with companies and investors in Britain

    The ministry of Industry also invited attendees to the international mining conference that the Kingdom holds annually in the city of Riyadh

  • The UAE, Japan and Singapore have emerged as the trendsetters in regulating the crypto-currency market effectively, according to a top...

    The UAE has moved past the stage of appealing for existing authorities to work together

    By pushing ahead to promote cryptocurrencies and ensure official oversight, the UAE puts it ahead of other countries and jurisdictions

  • Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online...

    Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online platforms are impacting lives of thousands of riders

    It's time to start accepting slightly longer delivery timelines, treating riders with empathy, and constantly demanding better and humane working conditions for the riders