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 listing is set to expand GFH’s investor base and boost its share liquidity.

    This is GFH’s fourth regional listing with its shares already listed and actively traded on the Bahrain Bourse, Boursa Kuwait and the Dubai Financial Market

    The listing of GFH Financial Group on Abu Dhabi Securities Exchange brings the number of dual listings on the exchange to four

  • Saudi Arabia and Seychelles will form a partnership to boost cooperation and exchange expertize in tourism sector which includes planning,...

    Saudi’s tourism ministry signed an MoU with the Ministry of Foreign Affairs and Tourism of Seychelles.

    The MoU aims at supporting the efforts of tourism institutions and associations via holding conferences.

  • Firms must have a specific and clear target list. What applies to real estate won't necessarily succeed in the automotive...

    Firms in the region must have a specific and clear target list. What applies to real estate won't necessarily succeed in the automotive sector, says 199X MD Khaled El Masry

    All industries must be online with right content that can target right audience. What applies to real estate won't necessarily succeed in the automotive sector, he adds

  • ADNOC and its partner Borealis AG have announced the completion of bookbuild and public subscription for the IPO of Borouge,...

    The book was covered within less than one hour of the start of the public subscription process.

    Borouge is the fourth company that ADNOC has brought to market since 2017 and follows the successful IPOs of ADNOC Distribution, ADNOC Drilling and Fertiglobe.

  • The Group's revenue was AED 169.4 bn, up 24.5 percent.

    The rise in revenue was attributed to rallying commodities prices in oil and gas, higher levels of activity in transportation.

    The Group's share of equity decreased by 1 percent to AED190.6 billion.

  • Major French companies have expressed their interest in accessing the Saudi market and investing in the tourism and entertainment market...

    These companies can inaugurate headquarters in Riyadh to maximize benefits from these opportunities, said Laurent Germain, president of Saudi-French Business Council.

    Germain said that Saudi Arabia has amazed the world with the entertainment industry within a short period of time.

  • European Union leaders have agreed to ban more than two-thirds of Russian oil imports, tightening economic screws on the country...

    EU chief Ursula von der Leyen said the ban will effectively cut around 90 percent of oil imports from Russia to the EU by the end of the year

    Participants in Monday's EU summit, however, hatched a compromise deal that exempts deliveries by pipeline from the oil import ban

  • Nothing changes for delivery workers of online food delivery aggregator platforms even as they resume work after protest against low...

    Even as social media was flooded with comments demanding better treatment and fair pay for the riders, nothing changed and they eventually went back to work

    The gig economy is coming under pressure from governments around the world as they look to enact protective policies and regulations, says a food critic and blogger

  • The US central bank needs to keep raising interest rates in big steps until inflation starts to come down, Federal...

    The Fed early this month announced the biggest increase in the benchmark interest rate since 2000.

    Markets could tighten by a total of 2.5 percentage points this year, including the 0.75 point of increases.

  • Qatar’s Export Unit Value Index (EXUVI) has increased by 61.05 percent  in Q1 2022 compared to Q1 2021. The Planning...

    The Planning and Statistics Authority (PSA) released its Quarterly EXUVI for Q1 2022 as a new chain is added to statistical indicators calculated by PSA.

    The addition is as per the policy of PSA in providing accurate statistical information and data that support the decision-maker.