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.
  • According to the statement, a Jordanian-Azerbaijani Economic and Investment Business Forum will be held in the coming period

    The meeting also discussed the successful economic policies established by the Kingdom to support the private sector

    It encourages foreign investment and provides more investment opportunities for companies wishing to invest in the Kingdom

  • Saudi Home Loans to trade on Tadawul from April 20.

    Operating since 2007, SHL is 40-percent owned by Arab National Bank, the second-largest shareholder is Dar Al Arkan, with 15 percent of the share capital

    The Riyadh-based company raised SR600 million ($160 million) in an initial public offering last month that saw huge demand from investors

  • Tamimi Markets, Saudi supermarket chain, has teamed up with Japan's Mitsui & Co. and Italy's Zero SRL to develop the...

    The three partners aim to develop the next generation of vertical smart farms in the Al-Kharj area of Saudi Arabia

    Starting with Riyadh, the new joint venture will bring fresh produce to the market using far less water than traditional farming techniques

  • Profits in the first quarter of 2022 reached $106.78 million.

    QEWC is one of the largest energy production and desalination companies in MENA

    It is the main provider of electricity and desalinated water in Qatar

  • Its net profit increased 26.26% from the same period last year.

    The cost to income of NBQ stood at 27.11 percent during three months

    It reflected the bank's operational efficiencies and disciplined cost management

  • Rodi Kratsa-Tsagaropoulou, Mayor of Greece's Ionian Islands, explains how an enhanced cultural and tourism ties with UAE will be mutually...

    The Ionian Islands and the United Arab Emirates are developing cultural and tourism ties

    The two have established direct flights from Abu Dhabi and Dubai on Etihad and Fly Dubai

  • The licensed plant will manufacture a variety of injectable human healthcare formulations such as vials, ampoules and prefilled syringes.

    National Health Regulatory Authority (NHRA) announced that it had licensed the medical firm.

    The injectable drugs will be subjected to final inspection to be granted a Good Manufacturing Practices.

  • The membership of the Ajman Chamber of Commerce and Industry (ACCI) grew by 35 percent in 2021, according to Muhammad...

    The number of new members reached 7,704 during 2021, compared to 5,723 members during 2020.

    New commercial licenses for the previous year was 4,238 membership, 2534 professional membership and 131 industrial memberships.

  • Egypt will import wheat from India to compensate for the loss of wheat supplies from Ukraine and Russia, the north...

    El-Said Marzouq El-Qosair, Egypt’s minister of agriculture and land reclamation, said this comes within the framework of the state’s efforts to secure new sources of wheat

    Egypt is the largest importer of wheat in the world and depends on Russia and Ukraine, which have been in conflict for nearly two months

  • A person can rent out his vehicle on the ekar platform.

    Ekar’s entire process of renting vehicles is contactless, as the rented cars will be activated through an app, which unlocks the vehicle, while the keys are inside the car

    This feature aims to reduce the chances of theft and unauthorized access