INSEAD Day 4 - 728x90

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.
  • Profit is 15 percent lower than in the same period last year

    Revenue from operations at India's largest company by market capitalisation rose 15 percent year on year, to US$27 billion

    Reliance's board also approved a plan to issue bonds to raise up to US$2.4 billion (200 billion rupees) to fuel further expansion across its diversified businesses.

  • Google's parent company Alphabet announced about 12,000 job cuts globally citing a changing "economic reality", becoming the latest US tech...

    Google's parent company Alphabet employed nearly 187,000 workers worldwide at the end of September 2022.

    Alphabet CEO Sundar Pichai said American employees have already been notified about the cuts.

  • ABU DHABI, UAE - Building on its ongoing efforts to improve the healthcare ecosystem from all aspects, the Department of...

    The GSC is powered by the International Hospital Federation and focuses on assisting healthcare services to address sustainability challenges.

    The MoU will help provide educational resources to aid facilities in addressing identified areas for advancement and accomplishing new positive outcomes.

  • ABU DHABI, UAE - ADNOC Distribution on Friday announced plans to reduce its carbon intensity by 25 percent by 2030....

    This reduction in carbon intensity will be implemented by putting sustainability at the core of its day-to-day operations to future-proof its business.

    The company said it will install solar panels to power service stations and use biofuels in its fleet of vehicles.

  • Taking place under the theme "Investing in Sustainable Development", the forum will bring together government leaders, global CEOs and other...

    Taking place under the theme "Investing in Sustainable Development", the forum will bring together government leaders and global CEOs

    The forum will take place a few weeks ahead of the annual climate summit COP28, which will also be held in the UAE

  • Inflation rates and trends have started to improve in Turkey, supported by the comprehensive policies the country is pursuing, the...

    Inflation rates and trends have started to improve in Turkey, supported by the comprehensive policies the country is pursuing, the bank pointed out in a statement

    Erdogan could soon urge more rate cuts in view of the upcoming elections and as part of his unorthodox stance that policy easing also lowers prices

  • More than 50% of the countries with voting rights have pledged public support for the Saudi city’s bid, Fahd Al-Rasheed,...

    More than 50% of the countries with voting rights have pledged public support for the Saudi city’s bid, says Fahd Al-Rasheed, the CEO of the Royal Commission of Riyadh City

    The Saudi capital city is all set to announce its specific Riyadh Strategy in the next four months, which would supercharge the city’s economy

  • Public resistance to a carbon tax has prevented many nations from establishing carbon pricing via taxation, but taxation is not...

    In order to reach 2050 emissions reduction targets, trillions of dollars in public and private capital are needed to adopt and scale green energy technologies

    Carbon trading, regulation and different pricing schemes are alternative strategies that countries have used to impose costs for emissions, believe experts

  • The rhetoric has shifted from talk of a recession in the 20-nation club to "a small contraction", she said, with...

    The cautious optimism comes as sky-high energy prices, which soared last year because of the war in Ukraine, have started to fall.

    Lower energy costs have contributed to a drop in eurozone inflation, which peaked at 10.6 percent in October.

  • DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer received a high-level...

    The meetings with the French and Cuban delegations were held at DEWA’s stand at the World Future Energy Summit in Abu Dhabi.

    The MD and CEO of DEWA discussed the firm's projects in sustainability, renewable and clean energy.