INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.
  • Brussels slapped fines totaling 344 million euros (390 million dollars) Thursday on Barclays, RBS, HSBC and Credit Suisse after finding...

    Barclays, RBS, HSBC and Credit Suisse were fined and UBS's fine was reduced to zero as it voluntarily came forward to cooperate with regulators.

    These fines brought to an end the third part of an investigation that has been ongoing since 2013 and which had already resulted in more than one billion euros in fines in 2019.

  • Chief Executive of Pakistan International Airlines (PIA) Air Marshal Arshad Malik announced that the PIA will start direct flights from...

    Currently, Iran Air operates a flight a week from Tehran to Karachi and vice versa.

    There are reports that Mahan Iran Airlines will resume flights from Tehran and Mashad to Lahore.

  • The agreement is expected to yield low-carbon energy services.

    The move will let SIDF employees join Engie’s knowledge-exchange 2022 training program, which will be held in Saudi Arabia

    It will also give SIDF employees the opportunity to work with experts at Engie for six months at the company's headquarters in Paris

  • Travel links with and within Libya were severely disrupted by the 2011 revolt that overthrew dictator Moamer Gadhafi.

    The ferry left the Libyan port of Misrata and was headed to Turkey's coastal city of Izmir

    Libya has not been serviced by any international ferries for 25 years

  • The company said it would no longer use angora wool.

    The company said it would no longer use the material across all of its lines from next year's fall-winter collection

    A growing number of fashion companies are adopting policies against using materials that require cruelty towards animals

  • The OPEC+ alliance led by Saudi Arabia and Russia has so far resisted US-led pressure to significantly boost output to...

    The emergence of the new Omicron variant of Covid-19 has put a shadow on whether OPEC+ will increase or decrease production

    The variant has led countries to reinstate travel bans and mull further restrictions that could tighten demand and hurt oil prices

  • UAE's first licensed drone delivery service provider, BARQ EV, has broken two Guinness World Records-- the longest (13.58km) flight of...

    BARQ EV broke the record for the longest (13.58km) flight of a drone for the delivery service.

    It also broke the longest (18.065km) non-stop return flight for a drone record.

  • The company announces a significant rise in oil and gas reserves.

    ADNOC plans to bring $43 billion back into UAE economy through ICV program.

    ADNOC's ICV program has driven AED105 billion back into the UAE economy and created over 3,000 jobs for UAE nationals.

  • Manchester United co-chairman Avram Glazer has acquired a franchise for a new T20 professional cricket league in the United Arab...

    The news comes after the Glazer family were outbid in their attempt to buy one of the two new franchises in the Indian Premier League

    "I am very excited to be a part of UAE T20 at its formation," Avram Glazer said

  • Ralf Wintergerst, Group CEO of 170-year-old German firm Giesecke+Devrient (G+D), said physical currency is a resilient form of payment and...

    Ralf Wintergerst said digital currency is a central bank-issued digital form of physical money and that it was different from cryptocurrency.

    In Germany and the Middle East there are a lot of opportunities for moving things like government services to people directly with digital solutions.