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
  • Anticipated growth in non-oil sectors, including tourism, manufacturing, and financial services, is set to drive future economic expansion, says a...

    Anticipated growth in non-oil sectors, including tourism, manufacturing, and financial services, is set to drive future economic expansion, says a report.

    Govt initiatives, giga-projects, and tourism are pivotal for growth, while a balanced current account and strong reserves ensure Saudi stability until 2025.

  • Paris, France - Extraction of Earth's natural resources could surge 60 percent by 2060, imperiling climate goals and economic prosperity, the...

    The hunger for natural resources -- everything from food to fossil fuels -- keeps growing by an average of more than 2.3 per cent per year, it said.

    Extraction and processing of the huge amount of resources accounts for over 60 percent of planet-warming emissions, the report said.

  • ABU DHABI, UAE- Gold prices hovered near a month high on Friday after data suggested easing US price pressures, while...

    Gold rose after data suggested easing US price pressures.

    Traders awaited remarks from US Federal Reserve officials.

  • Abu Dhabi, UAE--Masdar, the UAE’s clean energy powerhouse, has completed its acquisition of a 49 percent shareholding in the 3...

    The $13.89 billion joint investment with RWE is expected to provide a huge boost to the UK economy

    The investment builds on the $12.63bn UAE-UK Sovereign Investment Partnership to invest in energy transition

  • Maher praises the Gulf country for its substantial efforts, investments, and innovative ideas that have transformed it into a prime...

    With its outstanding digital infrastructure and business-friendly policies, Qatar is on the fast track to becoming a leading hub for tech startups and major companies

    Hosting more than 15,000 participants from across the globe, Qatar demonstrates its capability to be at the forefront of the tech industry, fostering innovation.

  • ABU DHABI, UAE – World trade ministers were locked in disagreement Thursday on fisheries subsidies, agriculture and digital customs duties as...

    The meeting opened with disagreements between the body's 164 member states on key issues that dominated the agenda of the talks.

    They include fisheries subsidies, agriculture and a moratorium on customs duties for digital transactions.

  • ABU DHABI, UAE - Abu Dhabi’s residential sector has witnessed one of the best years on record, where a total...

    The increase in demand for residences has been driven by several positive initiatives and announcements by the government.

    Off-plan transactions accounted for approximately 84 percent of all villa and townhouse transactions.

  • "Australia maintains that global food security, climate, and biodiversity targets are unattainable without progress in agricultural trade reform, including the...

    Australia emphasizes the need for agricultural trade reforms at the WTO for global sustainability.

    Trade Minister Don Farrell leads discussions on trade reforms to combat poverty at WTO's MC13.

  • Riyadh, Saudi Arabia -- Saudi Arabia has granted permission to more than 350 international companies to open their regional headquarters...

    Minister of Investment Khalid Al Falih said the Kingdom is transforming comprehensively through Vision 2030 by turning its economy green.

    He highlighted that new economic sector like the digital economy, and tourism will immensely develop human capital, demanding diverse skills and a new global outlook.

  • Sao Paulo, Brazil-- The UAE has affirmed that it collaborates with the BRICS nations in order to establish sustainable development...

    Al Hussaini said the UAE aims to boost cooperation between emerging and developing economies and set up governance frameworks on a global level

    The minister said they expect more fruitful collaboration among the group’s nations, which are increasing in importance and role in international affairs