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 Cabinet has approved a decision to restructure the Board of Directors of the Securities and Commodities Authority, under the...

    The decision will help the Authority in promoting the performance of the financial markets in the country.

    The revamped Board will consolidate the UAE’s stature and its global leadership in this field, the authority says

  • The deals were signed at the eighth edition of EcoWASTE.

    EcoWASTE 2022, where the deals were signed, was held at Abu Dhabi National Exhibition Centre

    It was organized as part of Abu Dhabi Sustainability Week in strategic partnership with Tadweer

  • Chairman of Kuwait Chamber of Commerce and Industry (KCCI) Mohammad Al-Saqer called for more bilateral efforts to achieve the desired...

    Chairman of Kuwait Chamber of Commerce and Industry (KCCI) Mohammad Al-Saqer called for more bilateral efforts to achieve the desired economic goals

    On ongoing economic and political developments in the Kingdom, Al-Saqer noted that the Kingdom is an ideal example to follow

  • GCC Secretary-General Naif Falah Al-Hajraf with the chairman of the Board of Directors of the FGCCC, Samir Abdullah Nas.

    The GCC chief has stressed the importance of building a distinctive integrative trade and investment base

    The base is expected to complete the requirements of the GCC joint market and develop GCC inter-trade relations

  • Hackers seized data of more than 515,000 extremely vulnerable people.

    The International Committee of the Red Cross said the hackers targeted an external company in Switzerland that it contracts to store data

    There was no evidence so far that the compromised information had been leaked or put in the public domain

  • The selected creators will be able to sell subscriptions.

    Social media users whose posts draw large audiences help platforms from Twitch and YouTube to TikTok and Instagram generate revenue

    The selected creators will be able to sell subscriptions for access to exclusive content, including live streams

  • On Tuesday, both AT&T and Verizon agreed to scale back the launch of 5G near airports following an outcry from...

    A handful of international carriers removed flights to the United States from their schedules Wednesday

    However, there were no mass cancelations and some of those companies said they planned to resume service on Thursday

  • A young population, increased user spending, robust govt backing for games and e-sports and new players are poised to push...

    Around half of the Middle East's population is reported to be under the age of 25, and electronic games constitute an integral component of their entertainment.

    Saudi Arabia, the UAE, and Egypt attained a total gaming revenue of US$1.76 billion in 2021.

  • The project is also part of DEWA’s initiative to develop the area to meet its social, economic, and environmental needs.

    The plant’s production capacity is set to reach 250 megawatts (MW) with a storage capacity of 1,500 megawatt-hours and a lifespan of up to 80 years

    This is the first of its kind in the Gulf region, with investments of around AED1.421 billion ($0.39billion)

  • The Islamic Development Bank (IsDB) affirmed that it would work together with all Multilateral Development Banks, International Finance Institutes, and...

    IsDB Group actively pursues counter-cyclical financing to its 57 member countries when they need it most, said its President Muhammad Al Jasser.

    To boost the economy and recovery of the member countries, the Bank has approved development programs and projects amounting to $1.6 billion.