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 opportunity for less well-known artists to reach a large audience and potentially get paid for streams of their music...

    The opportunity for less well-known artists to reach a large audience and potentially get paid for streams of their music means they feel obligated to stick with Spotify

    "For me, Spotify is kind of a necessary evil," said Leo Sidran, musician and host of the podcast "The Third Story."

  • In Q4 2021, GM saw global car sales sink

    Profits fell in the final quarter of 2021 as GM saw global car sales sink but the US automaker still managed to notch a record $10 billion in annual profits

    GM signaled it expects comparable profits in 2022 in spite of cost pressures in commodities, freight services and labor

  • Technology is allowing firms to shift an increasing share of work outside of their traditional boundaries, reducing costs and improving...

    Together, the rise of work-from-home and the gig economy have loosened the boundaries of the firm, making the ideas of a workplace and a worker more fluid

    Today, technological advances and the emergence of new digital platforms are allowing firms to shift an increasing share of work outside of their traditional boundaries

  • For several years, there has been a rush of investments from GCC countries into European sports. TRENDS explores the reasons...

    Saudi Arabia's Public Investment Fund recently bought Newcastle United for $418 million

    Abu Dhabi’s Sheikh Mansour had picked up Manchester City in 2008

  • Sanad, a subsidiary of Mubadala Investment Company, has appointed Mansoor Janahi as the new Group CEO.

    The appointment is a part of Sanad’s new plan to expand its business beyond the aerospace sector

    The strategy and leadership announcements follow the launch of "Operation AED300bn" last year

  • The Sharjah Chamber of Commerce and Industry (SCCI) has seen off another season of the 48-day "Sharjah Shopping Promotions" campaign....

    The volume of purchases throughout the 48-day campaign grew by 25 percent.

    Some 653 shops and stores took part in the event, offering attractive discounts of up to 75 percent on leading brands and various types of goods

  • Bank of Palestine (BOP) and Proparco in cooperation with the EU have jointly announced the signing of Sunref II Green...

    The purpose of SUNREF Green Finance Program is to provide solutions to promote energy efficiency and renewable projects.

    The program plays a crucial role in the Palestinian ecological system since energy services’ costs are high.

  • DP World and Government of the Democratic Republic of the Congo (DRC) Tuesday laid the first stone to mark the...

    DP World and Congo government laid the first stone to mark the construction of the port capable of handling the largest vessels in operation.

    The port will have a container handling capacity of about 450 000 TEUs (20-foot equivalent units) per year, and a 30-hectare yard to store containers.

  • ExxonMobil reported a profitable fourth-quarter Tuesday to conclude a strong comeback year in 2021 on higher oil prices amid recovering...

    The oil giant reported annual profits of $23 billion last year compared with a loss of $22.4 billion in 2020 when demand was dented by the Covid-19 lockdowns

    In the fourth quarter, ExxonMobil's upstream business benefited from higher prices in oil and natural gas, which surged 63 percent

  • Oman and Finland are looking to boost cooperation between the private sectors of two countries, particularly in the fields of...

    The meeting also highlighted aspects of enhancing cooperation between the private sectors of the two countries

    The Finnish minister underscored his country’s keenness in developing relations between the two countries