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TAQA H1 net income $1bn

The group's revenue reached $7.73 billion.

ADNOC L&S H1 net profit $420m

The company’s revenue reached $2.43bn

SEC H1 net profit $1.67bn

Revenue grew by 24% to $7.38 billion.

DEWA profit after tax $789m

It will pay $843m in H1 dividend.

IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.
  • Morocco may see its its waste problem blow up as recycling lags

    Morocco’s official recycling aim is 20 percent garbage by 2022 which has been moved to 2030.

    No domestic organic waste is treated at the factory because “it’s too expensive”

    Official data shows that 66 illegal rubbish dumps in Morocco have been regularized or closed

  • Saudi Arabia contributes to support date palm sector globally

    In 2020, Saudi Arabia hosted the International Date Council meeting, under the chairmanship of the Minister of Environment, Water and...

    The Saudi National Center for Palms and Dates and the Ministry of Environment, Water and Agriculture worked on formulating and implementing initiatives

    Saudi Arabia has supported the idea of establishing the International Date Council to strengthen international cooperation in this field

  • Recyclers try to conquer mountains of waste in Tunisia

    Tunisian authorities are scrambling to find new sites as most of the country's 11 official dumping grounds will close by...

    Tunisia produces 2.6 million tones of waste each year, 85 percent of which ends up in landfills, while the rest goes into informal dumps

    National waste management agency of Tunisia recently admitted that it lacks resources to control the situation

  • Oman agriculture ministry signs 4 deals worth more than $31m

    The deals are in sectors ranging from livestock-rearing to vegetables, rabbits, and even Omani thyme.

    The biggest of the projects is expected to produce 22,000 tons of meat and target the production of fodder and by-products

    This project, worth RO11,387,000 ($29.62 million), will be on an area of 574 feddan (around 596 acre)

  • MYCRANE expands to India

    The Dubai firm has appointed an exclusive pan-India franchisee.

    The franchise partnership agreement was between MYCRANE and Sahil Freight Express Pvt Ltd was signed at Expo 2020 Dubai

    The crane market in India is expected to grow strongly in the coming years due to the expansion of roads and metro railways

  • Moro Hub breaks ground for largest solar data center in region

    The center will offer digital products and services using Fourth Industrial Revolution technologies, such as cloud services, the Internet of...

    The data center will be implemented by Moro Hub, a subsidiary of Digital DEWA, the digital arm of DEWA

    The carbon-neutral green data center will use 100% renewable energy with a capacity exceeding 100 megawatts

  • Covid-19 rules shuttering Hong Kong aviation: Qatar Airways chief

    Under Hong Kong's rules, if an airline brings in too many infected passengers on a particular route, it is banned...

    Qatar Airways CEO Akbar Al Baker took issue with a border-control rule that temporarily bans airlines that have brought in infected passengers

    Last month, British Airways announced it was suspending Hong Kong flights after crew members were required to quarantine following a positive Covid-19 test among the staff

  • Tributes pour in as UAE businessman Majid Al Futtaim passes away

    Tributes pour in as the death of the leading Emirati businessman Majid Al Futtaim was announced on Friday. Al Futtaim,...

    Sheikh Mohammed bin Rashid Al Maktoum hailed him as 'one of Dubai's most important' business leaders

    In April 2021, Forbes’ 35th Annual World Billionaires named Majid Al Futtaim among the world's top 10 richest Arabs

  • Ajman Free Zone partners with AlHabbai

    One of the pact's aims is easing access to residence visas.

    Providing more competitive features and choices for medical examinations part of the partnership.

    AFZ committed to exploring and establishing partnerships with various sectors to deliver unified and efficient services to investors, said the director general.

  • Emirates receives its 123rd, and final, Airbus A380 superjumbo jet

    Emirates today received delivery of its 123rd Airbus A380 superjumbo jet. The aircraft, registered as A6-EVS, is also the final...

    Emirates said it was the first airline to announce an order for the A380 at the 2000 Farnborough Air Show, when the aircraft was still marketed as the A3XX.

    The aircraft received features the airline's latest cabin products including Premium Economy, said the CEO.