INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

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
  • The rise in exports was 7 percent when compared to November of the same year.

    Exports to Israel increased in December by 12 percent compared to November

    Exports to other countries decreased by 19 percent during the same period

  • Passenger and aircraft movement and air cargo traffic at QAIA remained far lower than pre-pandemic levels.

    Aircraft movements grew to 4,630 in January, 127.2 percent up from the same period last year

    Air freight traffic also reached 4,048 tons in January, 13.6 percent up from the same period in 2021

  • The decree implemented on an "emergency" basis took effect on Friday based on a 'request' of a former government of...

    US has imposed restriction on importing ceramics, paintings, glass, ivory, ancient textiles, tiles and wood pieces from Afghanistan

    This regulation on import could be troublesome for collectors or curators who already have items on their way to the US

  • The failure of countries to crack down on the marketing of breast milk substitutes means far too many children are...

    The $55-billion formula milk industry is said to systematically deploy aggressive marketing strategies

    It is said to spend up to $5 billion a year to sway the decisions of parents on how to feed their infants

  • Syrian authorities on Monday granted a rare license to a new telecommunications company that will start operating in nine months,...

    Wafa Telecom will become Syria's third telecoms operator in a market currently controlled by Syriatel and MTN

    Wafa Telecom CEO Ghassan Saba said the company relied on foreign expertise, amid reports of Iranian investments in his firm

  • The drop followed reports that the Ant Group was being probed.

    Chinese regulators launches a wide-ranging crackdown on alleged anti-competitive practices by Alibaba and other domestic tech giants

    Chinese Food delivery giant Meituan shares has plummeted over 20 per cent since Friday which is the biggest fall of the stock

  • With more ESG marketing claims questioned by clients, asset and wealth management firms can no longer tout ESG without convincing...

    As investors get more sophisticated about ESG matters, they are questioning the claims of commitment to sustainably invested assets and ostensibly sustainable products

    The solution to this strategic challenge lies in prioritizing ESG factors for specific target clients and building a model that reliably quantifies the impact on those factors

  • The UAE Instant Payments Platform (IPP) is set to go live in Q4 2022, with participation mandatory for all banks...

    The UAE IPP is set to go live in Q4 2022, with participation mandatory for all banks and financial institutions

    Being part of the IPP scheme will allow banks to leverage real-time payments to target new customer segments

  • UAE’s Ministry of Defense said on Tuesday that it signed three new deals worth AED966.25 million ($263 million) on the...

    The fifth edition features 15 live shows in the Tilal Swaihan area, showcasing grounded and aerial unmanned systems and AI and robotics technologies.

    The total number of deals during the first two days of this year’s edition was six, with an overall value of AED1.620 billion.

  • Saudi Aramco is interested in investing in China, its President and CEO Amin H Nasser, said. He asserted that Aramco...

    Aramco is holding initial talks with partners, including the state-owned defense contractor Norinco.

    The talks were reportedly about the development of a $10 billion refining and petrochemicals complex in China.