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
  • Equipped with cutting-edge sporting technology, the stadium will offer an immersive and personalized experience for fans. Additionally, it will act...

    The design of the Stadium symbolizes the fusion of tradition and innovation that defines New Murabba

    The project is scheduled for completion by the end of 2032

  • Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut...

    A “hard landing” for the U.S. economy was not “a likely scenario.”

    The central bank’s next policy meeting is at the end of July

  •  The U.S. dollar hung near a multi-week low versus major peers on Tuesday, still smarting from Friday's unexpectedly soft jobs...

    The U.S. dollar index was flat at 104.99

    Traders currently set about 76% odds for a rate cut at the September FED meeting

  • The Labor Party has officially won enough seats in the UK’s 2024 general election to have a majority in parliament,...

    61-year-old Keir Starmer led Labor to victory over Rishi Sunak’s Conservative Party in Thursday’s election

    With more than half of all 650 seats counted, Labor looks set to secure one of its biggest-ever majorities in the House of Commons

  • Investments in H1 2024 led by the top Middle East sovereign wealth funds reached$38.2 billion in 58 different deals, according...

    The amount invested by the ‘Oil Five is more than double what the ‘Maple Eight’deployed

    Mubadala re-opened its Beijing office in 2023 to manage its $10 billion JV with SAFE and CDB

  • Beijing, China - Factory activity in China shrank for a second straight month in June, data showed Sunday, underscoring the country's...

    The manufacturing purchasing managers' index (PMI) registered at 49.5 in June, identical to May's figure, according to the National Bureau of Statistics

    Policymakers are due to convene in the capital Beijing in mid-July for a highly anticipated political gathering expected to focus on economic recovery

  • Factors such as increased foreign investment, ambitious urban projects, and favorable regulatory reforms are expected to propel the real estate...

    Factors such as increased foreign investment, ambitious urban projects, and favorable regulatory reforms are expected to propel the real estate market forward

    As the UAE continues to strengthen its economic diversification efforts, the real estate sector remains a cornerstone of stability and growth

  • Dubai’s Roads and Transport Authority (RTA) has started the study and design of Phase II of ITS Improvement and Expansion...

    This phase to cover 100 percent of Dubai's main roads, adopt latest smart technologies and software

    The project has improved incident monitoring by 63 percent, reduced response times by 30 percent

  • The country has risen to the 7th spot in the IMD World Competitiveness Ranking, highlighting its robust economic growth, strategic...

    The assessment, based on comprehensive factors including GDP, productivity, political stability, social cohesion, and cultural impact, underscores the UAE's robust economic growth

    Over the past year, the UAE has made significant strides in bolstering its economic foundations, supported by proactive government policies and strategic investments

  • The Central Bank of the UAE (CBUAE) and Qatar Central Bank (QCB) have decided to keep interest rates unchanged, following...

    The US Fed funds rate was maintained at the 5.25% - 5.50% range

    The US Consumer Price Index (CPI) showed no increase in May