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 Gulf Print and Pack (GPP) 2022 concluded at the Dubai World Trade Centre, recording deals worth more than AED...

    GPP organisers said the decision to move from a four-day show in past editions to a three-day event in 2022 was vindicated with daily attendance increasing by 15 percent.

    Sales of machinery and equipment were the biggest contributors to the total, with Canon closing over $2.5 million in sales and Kodak reporting in excess of $1 million.

  • The firm, a subsidiary of IHC, acquired the vessels for AED246m.

    The company, which is pursuing an expansion strategy to become a major world leader in commercial shipping, is looking to buy up to 15 ships in 2022

    In its latest transaction, Al Seer Marine has purchased LPG tankers, MT Alcor and MT Alkaid, each with a capacity of 20,700 cubic meters

  • Saudi Arabia's coach Herve Renard has signed a new five-year deal after guiding the team to this year's World Cup...

    The Frenchman was shown signing a shirt with the number "2027" in a video posted by the official Twitter account of the Saudi national team

    Saudi Arabia reached their sixth World Cup and second in a row with room to spare after finishing top of their qualifying group ahead of Japan and Australia

  • The program provides big support to local, regional and international film producers to shoot their works inside Saudi Arabia.

    The program provides big support to local, regional and international film producers to shoot their works inside Saudi Arabia

    The commission called on Saudi and international production companies that are planning to shoot in the oil-rich kingdom to apply for the incentive program

  • With the entry of Cloudflare, a top-rated American content delivery network, into its rapidly expanding zone, Dubai Internet City has...

    Cloudflare announced Dubai as its first office in the Middle East to support its growing EMEA operations

    In 2021, Dubai led the world in attracting foreign direct investment (FDI) with a record number of 418 greenfield FDI projects

  • The CPPI is an indicator produced by the Transport Global Practice of the World Bank.

    The CPPI is an indicator produced by the Transport Global Practice of the World Bank.

    The King Abdullah Port ranks first on the list of 370 global ports, while Jeddah Islamic Port ranks eighth

  • The UAE has decided to fund interest on home loans obtained by its nationals from banks "to ensure economic well-being...

    Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, has revealed that the UAE Cabinet has endorsed a new policy for UAE nationals home finance

    The minister made the remarks in a briefing organized by the Ministry of Energy and Infrastructure, represented by SZHP

  • Qatar will only let football fans with match tickets enter the Gulf state during the World Cup tournament, officials said...

    Akbar Al Baker, who is also tourist minister, said Qatar's Hamad International Airport and the older Doha International Airport would double capacity

    Qataris and legal residents will also be able to enter but authorities have yet to announce how business people will be processed

  • Qatar Airways and Airbus both said they wanted to settle a bitter billion dollar dispute out of court after the...

    A London high court judge agreed Thursday to the airline's demand for a speeded up trial schedule

    Qatar Airways launched legal action last year seeking damages and a full inquiry into the defective surface

  • Ajman’s Department of Finance (DoF) signed a cooperation agreement with First Abu Dhabi Bank (FAB) and Magnati to support the...

    This agreement is in line with Ajman government’s strategy of fostering strategic partnerships between the public and private sectors.

    It also complies with DoF’s efforts to develop innovative financial services that offer customers the facility to save their financial data.