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

Morocco to produce Sinopharm vaccine

    • The country will invest $500m to produce 5 million doses a month

    • Africa’s first national vaccination program aimed at inoculating 80 percent of the population

    Morocco will be producing the Chinese Covid-19 vaccine Sinopharm locally, involving an investment of around $500 million, a report said.
    About 5 million doses could be produced a month soon, the official MAP news agency said. Morocco and Sinopharm signed a memorandum of cooperation to this effect at a ceremony attended by King Mohammed VI,
    On Thursday, the country received a second batch of 4 million doses of the AstraZeneca vaccine.
    Morocco launched Africa’s first national vaccination campaign more than two weeks ago. Since January, when the inoculation drive started, about 9.1 million of the country’s 36 million population have received two doses of vaccines. It aims to inoculate 80 percent of the population and has ordered enough vaccines to achieve the target.