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 group has seven eLink stations, five located in Dubai and two in Abu Dhabi.

    The eLink station is a mobile fuelling format that enables motorists and customers with easy access and convenient fuelling services.

    Since its launch, eLink has fuelled over 100,000 vehicles with a total fuel volume of nearly 5 million.

  • An integrated, modern, end-to-end solution can provide SMBs with more visibility, flexibility and efficiency in managing finances, operations and people....

    Many small and medium businesses still use a combination of standalone, on-premises business solutions for accounting, payroll and human resources

    An integrated, modern, end-to-end solution can provide SMBs with more visibility, flexibility and efficiency in managing finances, operations and people

  • Price for the 625,000,000 shares ranges between AED2.46 and AED2.67 per share.

    Tecom Group, the owner, manager and operator of 10 business districts across Dubai, will float 625,000,000 shares

    The qualified institutional offering and the exempt offer subscription period is expected to run from June 16-24

  • Aramco publishes its first sustainability report which outlines ways in which the company plans to further tackle emissions while delivering...

    The report provides information on Aramco's efforts to support the broader energy transition

    Aramco expects to update the sustainability report on an annual basis

  • Russia's war against Ukraine has exposed our European dependency on Russian fossil fuels, and we want to get rid of...

    The memorandum of understanding on gas exports between Egypt, Israel and the EU was signed at the East Mediterranean Gas Forum.

    Under a $15 billion deal in 2020, Israel already exports gas from an offshore field to Egypt, where it is liquefied and shipped to Europe.

  • Russia's Gazprom told Eni it would cut its gas supply by around 15 percent for Wednesday, the Italian energy giant...

    Italy buys the majority of its natural gas from overseas -- and more than 40 percent of its imports come from Russia.

    Since Russia invaded Ukraine, triggering unprecedented Western sanctions against Moscow, Italy has been scrabbling to cut that reliance.

  • Demand is set to grow to 101.6 million barrels per day in 2023, according to the IEA, which advises developed...

    Soaring oil prices and weaker economic growth is likely to temper the growth of demand in the second half of this year.

    The IEA expects global oil demand to grow to 99.4 million barrels per day in 2022 -- higher than its previous estimates.

  • Qatar Chamber and the Jordanian Ministry of Labor discussed Tuesday ways to enhance bilateral relations and the private sector's role...

    Qatar Chamber First Vice-Chairman Mohamed bin Twar Al Kuwari met with Jordanian Minister Nayef Stetieh.

    Jordanian Minister of Labor Nayef Stetieh pointed to the Qatari initiative to employ 20,000 Jordanians in Qatar.

  • The painful combination of chronic 1970s-style inflation and a shrinking economy means that you might need to rebalance your investments,...

    Inflation in Latin America's largest economies is the highest it's been in 15 years, while the overall rate in Sub-Saharan Africa is expected to grow to 12.2 percent this year.

    What remains unknown is how long this difficult period of high inflation will go on for and what will be its lasting ‘legacy, said deVereGroup CEO Nigel Green.

  • OIC has set a target of 25 percent trade among member states in the next three years by 2025 and...

    Organization of Islamic Cooperation has set a target of 25 percent trade among member states by 2025

    Biennial general trade fair is vital for promotion of trade and services among OIC member states