INSEAD Day 4 - 728x90

gulf

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 Gulf combines an interrelated web of business habitats and tech infrastructure to create rapid, policy-driven media and knowledge hubs that attract talent and investment, writes Hadi Khatib.
  • Pageants, races drive camel cloning demand

    Cloning is in demand not only for beauty pageants and races but also for reproducing camels that produce large amounts of milk.
  • US defense secretary defers visit to Saudi Arabia

    Austin traveled to the Gulf region earlier this week, a week after the chaotic US withdrawal from Afghanistan ended. He first went to Doha with Secretary of State Antony Blinken to visit the main base for the massive airlift set up by the United States out of Kabul.
  • Israel mission in Dubai eyes Gulf oil deal

    Environmentalists had voiced anger over the plan to ship Emirati crude to Israel's Red Sea port of Eilat.
  • Climate change could turn Gulf cities unlivable

    A new report by the UN's Intergovernmental Panel on Climate Change showed unequivocally that the climate is changing faster than previously feared. Experts warn that with higher temperatures and humidity towards the end of this century, parts of the Gulf will experience periods of "heat stress conditions that will be...
  • Gulf workers’ top data skills least utilized by employers

    A survey says making full use of the analytic expertise core requirement for the Gulf to continue competing globally.
  • Gulf nations pledge to provide quality education

    The Arab countries have vowed to continue to work for the achievement of the UN Sustainable Development Goal to ensure inclusive and equitable quality education.
  • Monthly rent in Kuwait can eat up 38 percent of your income

    Average monthly rent for a three-bedroom apartment in Kuwait is about 475 KD ($1579), according to a survey by a UK-based website
  • Beirut costliest Middle Eastern city for expats, while cost of living eases in Dubai, Abu Dhabi

    Abu Dhabi and Dubai fell 17 and 19 places respectively on Mercer Cost of Living Survey this year Riyadh remained most expensive Gulf city even as the cost of living fell in most part of the region this year While Beirut remained the third most expensive cities in the world...
  • Lapid opens Israeli embassy in UAE, first in Gulf

    Lapid's trip comes after the nations moved to normalise ties Israel, UAE have signed a raft of deals ranging from tourism to aviation Israel's top diplomat Yair Lapid opened the Jewish state's first embassy in the Gulf during a trip to the United Arab Emirates on Tuesday after ties were...
  • Israel’s Lapid begins ‘historic’ UAE trip

    Yair Lapid is the first ever Israeli minister to officially visit the UAE Since the normalization accord with the UAE was brokered by then US president Donald   Israel's top diplomat Yair Lapid on Tuesday began the first ever official visit by an Israeli minister to the United Arab Emirates,...
  • GCC-UK Trade Summit 2021 to boost trade, investment

    Virtual event promises to catalyze a new era of economic collaboration Day-long summit will host discussions featuring high-profile investors from  KSA, Gulf, and top experts from the UK The longstanding ties between the UK and the Gulf Cooperation Council are set to receive a major fillip as the biggest names...
  • Those spreading rumours against Covid-19 vaccine will be punished: Oman health minister

    He said most people who died of Covid-19 in the country in April were not vaccinated  Oman has seen more than 257,000 Covid-19 infections,  2,848 deaths Oman’s Health Minister Ahmed Mohammed al-Saeedi told the country’s Supreme Committee on Thursday, June 24, that those who spread rumours against the Covid-19 vaccine...
  • Europe-Gulf parliament talks soon, says top Kuwait lawmaker

    The talks expected to address 'matters of mutual concern'   The Palestinian cause is one of the key issues  Lawmakers from countries from the Gulf and Europe are slated to come together soon for talks in Kuwait that will address "matters of mutual concern," said local reports recently, quoting Kuwait’s National...
  • Beirut most expensive city for expats Middle East: Mercer

      Cost of living fell in most Gulf cities in 2021; Riyadh most expensive Gulf city Abu Dhabi and Dubai fell 17 and 19 places respectively on Mercer Cost of Living Survey this year     Beirut was the most expensive city in the Middle East and third most expensive...
  • Dynabook Europe GmbH signs distribution deal with PC DealNet

    PC DealNet to distribute B2B mobile computing products and services in UAE, Qatar, Bahrain, Oman, Kuwait, Lebanon and Jordan  Formed in Lebanon in 1995, PC DealNet has expanded into Gulf and Jordan   Dynabook Europe GmbH has authorized PC DealNet with distribution rights of its award-winning B2B mobile computing products and...
  • Novo Nordisk earns the Best Place To Work certification in Kuwait for 2021

    Best Places to Work is considered as the ‘Platinum Standard’ in identifying and recognizing top workplaces  Novo Nordisk Kuwait wins the certification second time in a row Novo Nordisk Kuwait, an affiliate of the global healthcare company with more than 90 years of innovation and leadership in diabetes care, has...
  • Abu Dhabi’s largest solar-powered car park completed

    It has 7,542 solar panels producing electricity The facility is expected to reduce the emission equivalent of 5,300 tons of carbon dioxide per year Abu Dhabi’s largest solar-powered car park is complete, announced renewable energy firm Abu Dhabi Future Energy Company, aka Masdar, and Abu Dhabi Airports. With 7,542 solar...
  • Cairn case: Indian state-owned banks not to withdraw overseas funds

    Vested parties have orchestrated such reports, Indian Ministry of Finance said Cairn dispute relates to transfer of shares by Cairn UK, a holding company with subsidiaries in India The Government of India has strongly denied that it had asked state-owned banks to withdraw funds they hold in foreign currency accounts...
  • Gulf tourists await possible easing of EU travel rules

    Under the current restrictions, people from only 7 countries, including Australia, Israel, Singapore, can enter the EU  Gulf residents are expected to spend heavily on holidays this year as borders are opened European Union has agreed on Wednesday to ease COVID-19 travel restrictions on visitors from around the world ahead...