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
  • Around 60% of $1.61 billion were committed only in the last two years showing remarkable growth in mobilization of finance...

    A high-level policy meeting on Friday in Ramallah revealed this data of European Investments in Palestine

    A big bulk of investments is for boosting access to finance for SMEs, the backbone of the Palestinian economy

  • The investment spans several sectors including e-commerce, financial technology, education and transportation

    This was up from SR236 million ($63 million) in 2018, according to a Saudi Venture Capital (SVC) Impact Report

    The number of investors in Saudi startups rose by 192 percent, reaching 76 in 2021, up from 26 three years earlier

  • Abu Dhabi Crown Prince Mohammed bin Zayed Al-Nahyan, and India's Prime Minister Narendra Modi held a virtual summit to witness...

    India-UAE trade is valued at $59 billion, making the oil-rich Gulf country India's third largest trading partner for the year 2019-20.

    The UAE is India's third largest export destination with nearly $16 billion clocked in 2020-21, it added.

  • The UAE Federation of the Chambers of Commerce and Industry (FCCI) and the Hungarian Chamber of Commerce and Industry (HCCI)...

    The MoU was signed by Hamid Mohammed bin Salem, FCCI Secretary-General, and Péter Szijjártó, Minister for Foreign Affairs and Trade of Hungary.

    The parties inked the MoU at the Hungarian pavilion at Expo 2020 Dubai on the sidelines of the third meeting of the UAE-Hungarian Business Committee.

  • The meeting was held on the sidelines of the official visit of Turkish President to the UAE.

    The currency swap agreement was signed in January 2022, which promotes the financial, commercial and investment interests of the two countries.

    Senior officials from both the central banks were present in the meeting which was held in Abu Dhabi.

  • A sizable number of Saudis look positively at jobs in the tourism sector, according to a study by the kingdom's...

    Overall, 80 percent of respondents felt that there were plenty of opportunities for career learning, while 75 percent felt careers in tourism will provide long-term stability.

    The regions with the highest interest in careers in tourism include Tabuk (91 percent), Hail (86 percent), Asir (85 percent), Riyadh (82 percent) and Al Jouf (83 percent).

  • The Egyptian football club Ghazl El Mahalla has put off its listing on the stock exchange to April. The listing...

    The prospectus, according to Mohamed Maher, from investment bank Prime Holding, for the initial public offering on the Egyptian bourse will be completed within days

    The sporting club had earlier closed a private placement of 37 million pounds ahead of the public offering

  • India has unveiled the first part of a drive to attempt to turn the world's third-largest emitter of greenhouse gases...

    Green hydrogen is produced using non-fossil fuel power to then be utilized in carbon-heavy industrial processes like making steel and concrete, and for transportation

    The country aims to produce five million tonnes of green hydrogen annually by 2030

  • A total of 2,098 real estate transactions worth AED4.5 billion ($1.22 billion) were conducted during the week ending 18 February...

    A total of 252 plots were sold for AED1.1 billion, 1,437 apartments and villas were sold for AED2.47 billion.

    Among the top three transactions was a plot of land in Palm Jumeirah that sold for AED60 million.

  • Six African countries have been chosen to establish their own mRNA vaccine production, the World Health Organization said Friday, with...

    Egypt, Kenya, Nigeria, Senegal, South Africa and Tunisia were selected as the first recipients of technology from the WHO's global mRNA vaccine hub

    The WHO set up a global mRNA technology transfer hub in South Africa last year to support manufacturers in low- and middle-income countries to produce their own vaccines