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 net income after tax rose from $195.3m to $314.5m.

    The Arab Bank Group consolidated the financial statements of Oman Arab Bank under its group accounts

    This increased total assets by $8.4 billion to $63.8 billion, compared to $54.4 billion for the same period last year

  • Analysts expect that this meeting will decide to boost output by 400,000 barrels per day in March, in line with...

    The 13 members of OPEC along with their 10 allies convened by video conference to set output

    Russian invasion of Ukraine will halt export of natural gas to Europe and prices would be much higher

  • Iraq signed the first agreement to build an economic city with Jordan.

    Iraqi ministry revealed that it has received several offers from Syria, Jordan, Saudi Arabia, Iran and Kuwait to build industrial cities in the country

    The first contract was signed in the holy Karbala for the construction of an industrial city specialized in petrochemicals and engineering

  • There have been calls on some food blogs to end plagiarism, with explicit instructions on how to correctly credit the...

    There have been calls on some food blogs to end plagiarism, with explicit instructions on how to correctly credit the work of another chef

    When chefs do look to the US courts for relief, the chances of getting recognition of their copyright or a monetary settlement are seen as remote

  • The organization is integrating the Ferry Operations Branch of the Integrated Transport Center under the scope of its services.

    The move will see Abu Dhabi Maritime manage and oversee the daily operation of the emirate’s two major ferry lines

    The organization will also drive the development of several key business areas associated with ferry operations

  • Deputy Prime Minister and Minister of the Interior of the UAE Lt. General Sheikh Saif bin Zayed Al Nahyan attended...

    Participants in the exercise implemented security scenarios in detail, which has proven the success of this joint GCC mobilization

    Increasing the level of coordination, readiness, and preparedness among security forces were also discussed in the exercise

  • The Dubai Academic Health Corporation has agreed on four bases as a part of its strategic plans and future goals....

    The four bases of the strategy are Care, Learning, Discovery, and Giving and Stewardship.

    The strategy was discussed at the fourth Board of Directors meeting of the Dubai Academic Health Corporation.

  • The deliberations were held during a meeting between Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International...

    Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with David Hurley, the Governor-General of Australia, at Expo 2020 Dubai.

    The two sides reviewed Australia's participation in Expo 2020 Dubai and the role played by this international event.

  • Sovereign wealth funds across the world invest trillions of dollars into real estate, bonds and other assets. TRENDS takes a...

    More than $1.3 trillion of funds are managed by some of the biggest sovereign wealth funds in the GCC.

    These funds invest in global real estate, financial assets, bonds and private equities.

  • Jazeera Airways of Kuwait has placed an order for 28 Airbus aircraft worth $3.4 billion, according to media reports.

    The airline also signed another agreement to purchase two aircraft engines with an accumulated worth of $32.3 million to aid the firm’s operations

    The airline said that while there is no current financial impact on its operations, both agreements are anticipated to bring about a positive impact on the corporation