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
  • Business travelers worldwide are drawn to the GCC countries due to their rapidly growing economies, strategic geographic locations, and ambitious...

    The region has positioned itself as a hub for a diverse range of travelers, including job seekers, investors, artists, and even those merely passing through

    The GCC is becoming a hub for major cultural and entertainment events, from art exhibitions and live concerts to sports events

  • Tehran, Iran - Iran managed to sell an average of 1.56 million barrels per day during the first quarter of...

    The success in oil exports highlights the challenges faced by the US and EU in their efforts to exert pressure on Tehran

    Iran's Oil Minister Javad Owji stated that oil exports generated over $35 billion in revenue in the previous year

  • oil, prices, crude, asian stocks

    Oil prices surged more than three percent in early Asian trade, and Asian stock markets slumped by over 3 percent...

    West Texas Intermediate jumped 4 percent to $86 and Brent rose 3.9 percent to $90.5

    Asian stocks tumbled Friday, with Japan’s Nikkei slumping as much as 3.5 percent

  • "Leadership teams must recognize that the livelihoods of their employees' families hinge on the stability of the business. Understanding that...

    When there is a significant decline in economic activity over a long period of time, retaining employees and attracting new talent also becomes difficult

    In smaller or medium-sized organizations, equipping your teams with the skills and knowledge to pivot products, services, and methodologies is crucial for instilling confidence

  • The Ministry of Interior has announced the end of the low-pressure weather system that wreaked havoc for many Dubai International...

    The UAE recorded its heaviest rainfall in the 75 years

    Dubai International Airport, a major travel hub, is barely functional

  • china, stock market, oil prices, iran, israel

    Stock markets fell and oil prices climbed Tuesday on growing fears of a wider war in the Middle East after...

    The selling came after Wall Street's three main indexes tanked

    Investors appeared to ignore figures showing China's economy grew 5.3 percent in Q1, 2024

  • Vast swathes of land across the desert region are seeing the sprouting of new special zones to entice big business...

    In 2023, Saudi Arabia set up four new special economic zones, with incentives for international companies to operate within the kingdom

    SEZs are seen as catalysts for economic diversification, which offer platforms for innovation, entrepreneurship, and investment in non-oil sectors

  • The kingdom's housing program achieves remarkable success, surpassing targets and reducing waiting times from 15 years to immediate entitlement, revolutionizing...

    The housing program, which implements over 15 development initiatives and programs, successfully increased Saudi families' homeownership rate to more than 60% by 2023

    It also accomplished over 165,000 housing units and plans to provide 365,000 housing units over the next few years, with 95,000 units going to the most vulnerable families by 2025

  • Space Economy

    The growth of the space industry will largely be built upon the increased reach of space-based and/or -enabled technologies, such...

    The growth will largely be due to space-based and -enabled technologies, such as communications positioning, navigation and timing.

    Space technologies are delivering greater value to a more diverse set of stakeholders than ever before, including in industries as varied as food and beverage, among others.

  • Agile work models and diverse skill demands propel MENA's freelance economy, empowering businesses to thrive amid modernization and digital transformation.

    MENA companies, particularly those in the IT, banking, finance, real estate, construction, energy, and hospitality sectors, actively embrace agile workforce models

    Emerging trends like Environmental, Social, and Governance (ESG) initiatives, data analytics, and procurement are expected to fuel the demand for local and international talent