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 US carrier is waiting for the new Boeing 787 Dreamliners

    The major US carrier is still waiting for the new Boeing 787 Dreamliners it ordered and will not resume flying routes in the summer of 2022 as previously planned

    Demand for long-distance flights has been slow to recover from the pandemic downturn, but US carriers have been eyeing summer 2022 as a key moment in the comeback

  • The company has supplied Bosai Minerals Group over one million tonnes of bauxite in 2021 under short-term agreements.

    The company has supplied Bosai Minerals Group over one million tonnes of bauxite in 2021 under short-term agreements

    EGA operates a transshipment facility in Guinea, enabling its bauxite to be shipped using giant Capesize vessels

  • "This event marks a key milestone in Poland’s renewable energy journey and demonstrates Masdar’s commitment to the nation’s climate action...

    In January, both companies announced they had each acquired a 50% stake in the projects, marking their first investment in the Polish renewable energy market

    The projects produce enough electricity to supply approximately 90,000 households in Poland, and offset 146,000 tonnes of carbon dioxide each year

  • This is the company's largest investment in Russia yet.

    The acquisition terms were agreed upon before Sibur's recent merger with TAIF.

    In 2015, Mubadala invested in Sibur’s transshipment terminal in Ust-Luga.

  • Codesharing agreement to boost travel and tourism between Italy and UAE.

    The agreement will also offer travelers more options and better connectivity when traveling through Rome Fiumicino, Milan Malpensa and Abu Dhabi.

    The partners are also working together to expand the scope of their cooperation over the coming months.

  • Female representation on boards and at higher levels across the Gulf is trailing behind much of the rest of the...

    Research from McKinsey & Company shows that organizations with greater diversity among their executive teams enjoyed both greater profits and longer-term value.

    McKinsey’s research also found that companies with low rates of both gender and racial diversity are 29 percent more likely to make less money.

  • The shortage represented more than half of the civilian aircraft in the sanctions-hit country, he said in an interview this...

    The shortage represented more than half of the civilian aircraft in the sanctions-hit country, he said in an interview this week

    According to the Iranian economic daily Financial Tribune, national carrier IranAir currently operates a fleet of 39 planes, the majority of them Airbus jets

  • Medallia captures experience data from customers and employees.

    Medallia was founded in 2001 and is a provider of experience management software to customers.

    Mubadala was founded on 19 January 2017 and Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan is its Chairman.

  • The value of the drugs seized by the Bahrain-based Combined TCommander of CTF 150, Royal New Zealand Navy Captain Brendon...

    The value of the drugs seized by the Bahrain-based Combined Task Force 150, or CTF 150, exceeded the past four years combined

    The haul including 6,550 kilograms of heroin, 4,052 kilograms of methamphetamine and 56,834 kilograms of hashish was all destroyed

  • The UAE is Australia’s largest trading partner and the second-largest source of investment in the Middle East, said Justin McGowan,...

    Annual trade between the two countries is valued approximately at AU$9.8 billion ($7.1 billion).

    More than 250 Australian companies are based in the UAE, said Justin McGowan, Commissioner General of Australia at Expo 2020 Dubai.