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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.
  • Emirates Health Services to upgrade executive regulations

    The Emirates Health Services (EHS) is looking to upgrade executive and financial regulations and ways to develop the capabilities of...

    The EHS board of directors discussed various ideas at a meeting at its headquarters in Dubai

    The board members reviewed the agendas of the meeting as well as the latest developments and reports submitted by EHS departments to evaluate their performance

  • UAE launch trials of autonomous taxis

    The UAE last month approved a temporary license to test self driving taxis on the roads with safety officer sitting...

    Bayanat started the trial of two electric and two hybrid taxis under the name TXAI

    Dubai will launch 4,000 self driving taxis by 2030

  • Empower lists on DFM

    Empower is the world’s largest district cooling services provider.

    Empower was established in 2003 to enable the real-estate sector to efficiently utilize energy through district cooling services

    The company is said to currently have a 79 percent market share in Dubai’s district cooling sector

  • Consumer ‘experience’ reshapes retail in the Gulf

    Companies are increasingly focusing on health and wellness in products and services, says Mohammad A Baker, Deputy Chairman and CEO...

    People, communities, and governments are working to attain personal sustainability goals driving the retail sector

    GCC governments have established several measures targeted at raising awareness of healthy lifestyles

  • Jordan exporters eye ‘promising’ Canada market

    Jordan Exporters Association Khudari said the FTA between the two countries, which came into effect in 2012, provides "various and...

    Khudari stressed on the JEA's keenness to develop the businesswomen's capabilities and engage them in international trade

    Khudari lauded the TFOC's role in implementing programs in cooperation with the JEA to help Jordanian companies and businesswomen

  • Iraq to increase oil production, says minister

    The oil production in Majnoon Oil field will be increased to 450,000 barrels per day, said the Oil Minister of...

    He inaugurated the two buildings of Majnoon Oil Field Production and Development Authority

    Majnoon field contributes to provide good quantities of gas fuel for the uses of operating electricity power plants

  • A big haul of captagon shipments seized in Lebanon, Syria

    Security forces in Lebanon and Syria said Saturday that they had seized two separate shipments of the banned stimulant captagon,...

    The pills were confiscated following raids this week on a storage facility in Bir Hassan, a neighborhood near Beirut's southern suburbs

    It said it arrested two men behind the operation, including one who was trying to flee the country through Beirut's airport

  • Stolen Maradona watch found in India

    Indian police have recovered a stolen watch customized for star footballer Diego Maradona and arrested a suspect behind the alleged...

    Police said they detained Wazid Hussain in the northeastern state of Assam and recovered a Swiss-made Hublot watch

    The 37-year-old had been working as a security guard since 2016 at a Dubai-based firm where memorabilia relating to the Argentinian footballer were stored

  • KNPC warns people not to fall for ‘dubious’ online ads

    Kuwait National Petroleum Company (KNPC) has denied offering shares for trading, warning social media users not to believe in some...

    The company's Deputy CEO for Administrative and Commercial Affairs and Official Spokesman Ahed Al-Khrayef said unknown entities have recently posted ads

    "These ads are totally divorced from reality, and the company has nothing to do whatsoever with these ads," he affirmed

  • Exports of ACI soar 16% in first 11 months of 2021

    Exports of Amman Chamber of Industry (ACI) have soared 16% during the past 11 months of 2021, compared to the...

    Most industrial sectors recorded an increase in exports of their products during the January- November period of 2021

    The United States of America, India, Saudi Arabia and Iraq accounted for the majority of ACI's exports during the past 11 months of 2021