INSEAD Day 4 - 728x90

Economy

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.

Saudia Arabia to amend administrative penalties for tax law violations

The changed laws are also expected to support tax registrants and help them fulfil their tax obligations

Qatar is the go to place for migrants workers looking for a decent life

Qatar employs some 2.3 million migrant workers in a total population of 2.6 million

Dubai airshow participants optimistic about post-Covid recovery

Technologies, solutions that can help the aviation sector to overcome the Covid-19 crisis showcased Sheikh Ahmed bin Saeed Al Maktoum,...

UAE ranks high on global govt development indices

The first globally on the Absence of Bureaucracy Index The second globally on the Adaptability of Government Policy Index The...

Draft budget for 2022-2026 reviewed

The meeting explored the projections of federal cash flows for 2022 The fiscal policies governing financing of capital projects also...

Innovation hub to make Dubai economy future-ready

The hub is an integral part of the roadmap for an innovation-driven growth in Dubai The facility, a part of...

Fresh call for proactive bid to revive aviation industry at Dubai Airport Show

New technologies recommended to reassure passengers of lasting safety There is talk of issuing a Vaccine Passport to boost global...

S&P forecast: GCC funding needs will fall to 5 percent of GDP in 2021

60 percent of the deficit relates to the region's largest economy, Saudi Arabia S&P predicts central government deficits will reach...

Digital transformation boosts data economy growth in UAE: Report

 Data economy on track to become one of the largest economic sectors globally The report suggests stepping up collaboration among...

No jurisdiction to decide Suez Canal claims: Egyptian court

The court refers the dispute between the Suez Canal Authority and Ever Given to a lower court The ship company...

Saudi Arabia enacts law to safeguard whistle-blowers and witnesses

Riyadh, Saudi Arabia - Saudi Arabia on Tuesday granted approval for the law for the protection of whistleblowers, witnesses, experts,...

Company News

Latest News

HUB71 reveals winners of The Outliers Program to address industry challenges

ABU DHABI, UAE -  Hub71, Abu Dhabi's global tech ecosystem, on Tuesday announced the winners of The Outliers Program, which...

UN calls on Libya to treat migrants, asylum seekers with dignity

War-torn Libya is regularly criticised for its handling of migrants, with rights groups alleging horrific treatment by smuggling gangs and...

UN working to renew Ukraine grain export deal

That crucial accord granting safe passage for Ukrainian grain to be exported via Black Sea ports despite Moscow's invasion was...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

10th Arab-China Business Conference ends with Riyadh Declaration

Riyadh, Saudi Arabia -- The 10th edition of the Arab-China Business Conference successfully concluded on Monday with the announcement of...
  • The first day of the conference featured the signing of US$10 billion worth of investment agreements, spanning more than 30 deals across an array of sectors
  • The conference featured 9 panels, 18 workshops, and several private meetings and hosted 150 speakers to explore, discuss Arab-Chinese economic cooperation

UAE and South Korea agree to support SMEs, entrepreneurship

Dubai, UAE-- The UAE and South Korea are aiming to foster cooperation to promote entrepreneurship and support growth of small...
  • The UAE's Minister of Economy, Abdullah bin Touq Al Marri, noted the strong business and strategic ties between the two countries, which continue to grow on many fronts
  • South Korean FDI in the UAE, in insurance, mining, energy, real estate, touched US$2.2 billion in 2021, registering a staggering 73 percent growth since the beginning of 2013

US exhorts Tunisia to agree to IMF reforms after EU offer

The EU offered a 900-billion-euro aid package -- contingent on Tunisia reaching an IMF deal. But Tunisian President Kais Saied...
  • It's clear that Tunisia needs additional assistance if it is going to avoid falling off the proverbial economic cliff, US Secretary of State said during a press conference
  • Italian foreign minister voiced support for IMF package and said that Prime Minister Giorgia Meloni's government wanted to offer money as "the first step" toward reforms