INSEAD Day 4 - 728x90

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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

Dubai property booms as wealthy buyers escape lockdowns

Credit goes to recent government reforms, attractive mortgage rates, a shift in demand due to Covid-19

Fellowship seeks applications from UAE youth

Initiative part of efforts to engage youth in Year of the 50th through practical opportunities Applications are accepted from UAE...

UAE assures cooperation with Latin America, Caribbean during UNSC membership

Ministers Reembint Ibrahim Al Hashemy and Omar Ghobash introduce the country's membership to GRULAC members UAE candidate for the Arab...

UAE to curb terror financing, money laundering in gold trading businesses

The companies were asked to speed up the amendment of their conditions to avoid penalties stipulated by the Federal Law...

Antarctica gives birth to world’s largest iceberg

The 1,668-square-mile berg named A-76 is larger than the Spanish tourist island of Majorca Another massive iceberg that had threatened...

AI’s impact on jobs, technology’s touchy topic sparks unease

New York, United States - "Stop Hiring Humans" read a provocative sign at an AI conference in Las Vegas, where...

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Antivirus update sparks global tech chaos: Flights, banks hit

Air passengers crowded into airports to wait for news as dozens of flights were cancelled and operators struggled to keep...

Israel lawmakers vote to oppose Palestinian state

The vote, which drew swift criticism from the Palestinian leadership and the international community, is largely symbolic but laid down...

IMF maintains 2024 global growth forecast, warns of inflation risk

The International Monetary Fund expects the world economy to grow 3.2 percent this year, unchanged from its April forecast, according...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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ADNOC Gas awards $550m contracts

The company aims to expand UAE gas infrastructure, increase customer reach
  • Engineering, procurement and construction (EPC) contracts were awarded for the next phase of the UAE sales gas pipeline network enhancement "ESTIDAMA Project".
  • ADNOC Gas will continue to expand its domestic business through ESTIDAMA, paying ADNOC a variable transmission fee for actual throughput of the pipeline.

Dubai Summer Activities: A new guide to emirate’s attractions

Dubai, UAE -- A new #DubaiDestinations guide titled ‘Dubai’s Summer Activities’ invites residents and visitors to delve into an array...
  • Developed by Brand Dubai, the creative arm of the Government of Dubai Media Office, the interactive guide forms part of the latest phase of the #DubaiDestinations campaign.
  • It seeks to showcase the city's top-rated summer experiences and highlight unique attractions that make Dubai a one-of-a-kind summer destination.

Saudi Arabia records 16% growth in air travel in first half: GACA

Riyadh, Saudi Arabia -- The number of air passengers in Saudi Arabia increased by 17 percent during the past six...
  • The number of flights also reached approximately 446,000, marking a 12 percent increase compared to the same period last year.
  • The airfreight volume in the first six months of 2024 witnessed a 41 percent increase, reaching 606,000 tons.