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
  • The pacts were signed at the PIF’s Private Sector Forum.

    The annual Private Sector Forum brings together policymakers, key local private sector players, visionaries and industry leaders.

    The agreements signed covered a range of strategic stc Group objectives, from sustainability to digital transformation.

  • "Through effective and constructive collaboration with various local and international partners, we have succeeded in establishing an integrated energy transition...

    The UAE's Department of Energy's integrated system focuses on clean and renewable energy to achieve climate neutrality.

    Investment in youth and their innovative ideas is essential for building a sustainable future, says DoE's Awaidha Murshed Al Marar .

  • Riyadh, Saudi Arabia — Saudi Crown Prince Mohammed bin Salman on Wednesday said he will make efforts to achieve the unity...

    Mohammed bin Salman said this while co-chairing the 3rd meeting of the Saudi-Bahraini Coordination Council with his Bahraini counterpart

    The two leaders witnessed the announcements about key joint projects and signing of a number of agreements and memoranda of understanding

  • Republicans in the House of Representatives scheduled the vote after the Democratic-led Senate released a bipartisan bill Sunday pairing billions of dollars for...

    The standalone Israel bill would have provided $17.6bn in military aid for the country

    167 Democrats voted no after Biden had threatened to wield his veto

  • The world of work is changing fast. By 2027, businesses predict that almost half (44%) of workers’ core skills will...

    The global unemployment rate could rise from 5.1% to 5.2% in 2024, with an extra two million workers expected to be looking for jobs

    The impact of AI on jobs was not going to be "an employment apocalypse", but that reskilling, upskilling would be key to managing the transition

  • The parliament ratified by a huge majority of 92 votes out of 133 an amendment to an article that prohibited...

    The country's finance minister said the funds were "not intended to finance current expenses"

    The IMF agreed in principle, in October 2022, to a loan of around US$2 billion to Tunisia

  • The region is on a growth track due to modernization, education, and broad integration with global economies, Joshua Friedman of...

    The region is on a growth track due to modernization, education, and broad integration with global economies, Joshua Friedman of Canyon Partners tells TRENDS.

    Friedman highlights global economic complacency, stressing the importance of addressing sovereign debt and corporate borrowing, while noting a few bright spots.

  • TEHRAN, IRAN – The country has exported more than 6.7 million tons of agricultural and food products worth US$4.8 billion...

    Of this amount, 4,944,481 tons worth $2,930,585,728 were dedicated to the export of agricultural products.

    While 1,133,710 tons worth US$931,961,158 were dedicated to the export of food products.

  • SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) has announced a series of significant achievements of the...

    The number of membership renewals in 2023 hit 55,087 across industrial, commercial and professional sectors.

    Free zone memberships stood at 1,795, while exports and re-exports were valued at approximately US$8.9 billion.

  • Riyadh, Saudi Arabia - Saudi Arabia and Swiss Fund have decided to initiate financing initiatives in the debt market in...

    A substantial portion of this investment, approximately $1.8 trillion, is expected to be financed through bids aimed at attracting global investors from Switzerland and beyond

    Apart from investments in zero-emissions projects, the collaboration extends to the insurance industry, which is poised for significant growth in the coming years