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
  • It acquired properties worth $2.5 billion, and made sales of $1.5 billion.

    Invescorp expanded its US platform with focus on industrial and residential sectors

    The team has acquired over 200 properties in 2021 worth $2.5 billion and has sold for $1.5 billion

  • Prime Minister Naftali Bennett, who ousted Benjamin Netanyahu in June, abstained from the vote to set up the inquiry, citing...

    The Israeli cabinet voted to establish a formal inquiry into the "submarine affair," which concerns a multibillion-shekel deal to acquire vessels from Thyssenkrupp

    David Shimron, Netanyahu's personal lawyer and cousin, was charged with money laundering in connection with the 2012 naval procurement

  • A state firm official was appointed to the Chinese firm’s board.

    Evergrande has been teetering on the brink for months owing to its struggles in servicing a debt pile of more than $300 billion

    However, its shares ended up nearly 4 percent higher on Monday after news emerged of government intervention in its operations

  • The contract includes training workers to keep up with the sector,

    Iraq has signed contract with to develop the Mansouriya gas field in Diyala in the Anbar Governorate

    This deal represents an addition to the investment of free gas from the Mansouriya field

  • The two countries are working on a broader strategy to strengthen collaboration in health care, science, technology, hydrogen, public health,...

    The visit was part of a broader strategy to strengthen bilateral collaboration in health care, science, technology, hydrogen, public health, and artificial intelligence

    The two countries signed 15 agreements totaling $8.2bn in 2019

  • The city overtakes London in the list of the "Top Destinations Around the World". Golden beaches, world-class restaurants, rave reviews...

    Dubai figured at the fourth place in the "trending destinations for food lovers" list and first in "Trip Advisors list for city lovers."

    More than 3.85 million tourists came to Dubai during the first nine months of 2021, according to the department of tourism and commerce marketing.

  • A total of 1,99The real estate and properties transactions valued at AED4.1 billion were recorded in Dubai during the week...

    The transactions included 287 plots that were sold for AED1.08 billion, while 1,059 apartments and villas were purchased for AED2.25 billion.

    The top three transactions were a plot of land in Al Hebiah Fifth that sold for AED190 million, followed by land that was sold for AED 45 million in Al Thanyah First.

  • Carbon transition policy must be tailored to each country’s needs and dynamics, Majid Jafar, the CEO of Crescent Petroleum, said.

    Carbon transition policy must be tailored to each country’s needs and dynamics, Majid Jafar, the CEO of Crescent Petroleum, said

    Crescent Petroleum became one of the first companies in the industry to achieve carbon neutrality across its operations in 2021

  • Tirza, a former Israeli army colonel, says his company Yozmot Ltd aims to produce a body-worn camera enabling police to...

    Tirza, a former Israeli army colonel, says his company Yozmot Ltd aims to produce a body-worn camera enabling police to scan crowds and detect suspects in real time

    Facial recognition in law enforcement has sparked global criticism, with US tech giants backing away from providing the technology to police, citing privacy risks

  • The new UAE-based start-up is trying to instil the virtues of economy among teenagers in the region

    The app is currently available on iOS and Android in Bahrain, allowing teens to pre-register for Savii cards

    Savii has constituted a youth advisory board, enabling teens to have a say in the product design and functionality