INSEAD Day 4 - 728x90

Research and Development

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
  • UAE spending in space sector surges by 6.6%: survey

    Dubai, UAE - The total spending in the UAE's space sector witnessed a 6.61 percent increase compared to the previous year with the government spending accounting for 55.7 percent of the total spending, marking a 12.7 percent increase year-on-year, while commercial expenditure made up 44.3 percent of the total, revealed...
  • Saudi Arabia poised to become global biotech hub with $3.9bn R&D investment

    Riyadh, Saudi Arabia - Saudi Arabia has positioned itself as a potential world-leading hub for biotech research, development, and pharmaceutical manufacturing following an investment of $3.9 billion in research and development (R&D) since 2021.  The country's strategic move aligns with its ambitious goals of economic diversification and addressing crucial healthcare...
  • DEWA’s 3D printing initiative saves over $137,000 in two years

    Dubai, UAE - Dubai Electricity and Water Authority (DEWA) in the UAE has recently announced that its 3D printing efforts have resulted in significant cost savings of AED 509,658 ($137,000) during the years 2021 and 2022.  The organization successfully produced over 1,800 spare parts for various divisions including generation, transmission,...
  • R&D in Arab world: Challenges and successes

    Raging political crises across the region have negatively impacted the economies of several countries. Consequently, spending on research has barely increased since 2014.