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
  • Masdar Green Real Estate Investment Trust (REIT) has signed a financing commitment to the tune of $200 million with First...

    The announcement was made during an official signing ceremony held at the 4th Abu Dhabi Sustainable Finance Forum during Abu Dhabi Sustainability Week

    In 2018, Masdar signed the first green revolving credit facility in the Middle East, helping to support its investments in global clean technology

  • Qatar World Cup ticket sales were launched at reduced prices on Wednesday with residents and migrant workers able to attend...

    Authorities have not yet announced how many fans will be allowed into stadiums for the first World Cup in an Arab country

    Football's world governing body FIFA opened a draw which offers individual match tickets for as little as $69 for international fans

  • Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, POSCO and Samsung C&T signed here today a tripartite memorandum of...

    PIF, POSCO and Samsung C&T have signed an MoU on the sidelines of the Saudi-Korean Investment Forum.

    The MoU included the implementation of feasibility studies to develop a green hydrogen production project in Saudi Arabia for export purposes.

  • In order to explore solutions for water, food, and energy challenges, the UAE, Jordan, and the Netherlands wrapped up the...

    The UAE, Jordan, and the Netherlands issued a trilateral declaration affirming their commitment to supporting a nexus approach that optimizes resource use

    The joint statement encouraged governments to incorporate practical solutions to water, food, and energy challenges into policy-making

  • Dubai issued 72,152 new business licenses in 2021, a growth of 69 percent compared to 2020 when 42,729 licenses were...

    Bur Dubai accounted for the largest share (48,562) of new licences issued followed by Deira (23,513).

    A total of 430,921 business registration and licensing transactions were completed in 2021, a growth of 24 percent compared to 2020.

  • Dubai Airport Show 2022, to be held in May, will showcase a diverse range of innovative products and will provide...

    The latest IATA Global Passenger Survey, conducted across 153 countries, revealed passengers expect technology to give them more "personal control over their travel experience"

    Digital queuing and biometric has been viewed as a priority to be implemented to modernize every component of the journey at airports

  • Turkey's state oil operator Botas said the fire at the pipeline had been fully extinguished late on Tuesday, but gave...

    Tuesday's blast along the Kirkuk-Ceyhan link in southern Turkey contributed to a rise in international crude oil prices to a seven-year high

    The pipeline normally carries more than 450,000 barrels a day from oil fields in northern Iraq to a Turkish port on the Mediterranean Sea

  • The signings took place at the Saudi-Korean Investment Forum.

    The deals aim to advance Aramco’s downstream strategy and support the development of low-carbon energy solutions

    They are also expected to create new financing options for the world’s largest oil and gas company

  • The net-zero target is only for its operations, not products.

    Chief executive of ExxonMobil confirmed that the company has committed to have a Permian operations at net-zero carbon by 2030

    The company will release "detailed roadmaps" addressing 90 percent of operations-related greenhouse gas emission by the end of 2022

  • The amount will reportedly be given to the Vietnam-based Southeast Asia Commercial Joint Stock Bank (SeABank) for on-lending.

    The money will be used to facilitate access to finance for SMEs and women-owned businesses in Vietnam

    It will also be used to promote climate funding for a sustainable economic recovery in the country