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 CECs provide Abu Dhabi entities a pathway to achieve their desired sustainability goals by guaranteeing the zero-carbon origin of...

    The CECs provide Abu Dhabi entities a pathway to achieve their desired sustainability goals by guaranteeing the zero-carbon origin of their clean electricity consumption

    Also, the CECs offer entities a globalcompetitive edge by holding internationally recognised certificates that guarantees their green credentials.

  • It is the first government program of its kind to evaluate consultants and contractors in Dubai.

    It is the first government program of its kind to evaluate consultants and contractors in Dubai

    The program creates a healthy competition among consultants, contractors to ensure their compliance with the highest quality

  • Iran has arrested 13 suspected robbers accused of making off with the contents of more than 160 safe boxes from...

    The fugitives who fled abroad had been detained thanks to "good cooperation" with Interpol and were in the process of being transferred back to the Islamic republic

    The broadcaster aired footage of those it said had been detained in Iran, dressed in prison outfits and facing a wall

  • Abu Dhabi Securities Exchange (ADX) recorded the highest increase in trading value among Arab financial markets in May 2022 at...

    IPOs have boosted the performances of Arab financial markets in May 2022, increasing the value of overall trading to nearly $107.22 billion.

    The Beirut Stock Exchange topped Arab exchanges in terms of market capitalization gains with an increase of 39.50 percent.

  • FAO predicts the global food import bill would rise by $51 billion compared to 2021, of which $49 billion would...

    FAO says global food import bill may reach a new record of $1.8 trillion in 2022

    It says global production of main cereals would decline in 2022 for the first time in four years

  • Abu Dhabi, China’s Shandong agree to work towards boosting investment opportunities

    The MoU aims to enhance industrial cooperation, facilitate delegation visits, investor meetings

    It seeks to organize entrepreneurship, management consultancy training programs between companies

  • Saudi Arabia has awarded the building of a five-kilometer-long tunnel in the city of Madinah to a Chinese construction firm,...

    Canada’s WSP and US-based Parsons are among consultants working on the project while Rua al-Madinah Holding is the client

    Al-Amida road will serve as an alternative to the current ring road, through expanding the roadway to six lanes

  • Dubai Multi Commodities Centre and Brooklyn Chamber of Commerce have signed an agreement to work together to promote trade and...

    DMCC will work with the Brooklyn Chamber to support New York-based businesses in setting up their operations in Dubai.

    Similarly, the partnership will look to facilitate the expansion of DMCC's member companies into the US market.

  • The UAE and European Union are looking to deepen cooperation in many fields, and in particular in sub-Saharan Africa. In...

    The two sides discussed political priorities and related programs, including the UN Sustainable Development Goals, the European Green Deal and global recovery

    They also discussed the latest economic and trade developments in Africa and a number of essential issues in the continent

  • The Saudi firm plans to invest $91m in Egypt.

    Savola will allocate 730 million pounds toward rehabilitating the newly acquired firm and up to 400 million pounds to upgrade factories and raise production capacity

    With three factories across Egypt and five production lines, Cairo-based Egybelg manufactures and distributes bakery goods