INSEAD Day 4 - 728x90

tour

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

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.
  • Doha, Qatar-- Qatar's Emir Sheikh Tamim bin Hamad Al Thani has affirmed that the ties between Qatar and Iran have never been closer. The emir stated this in a meeting with Iran's Foreign Minister Hossein Amir-Abdollahian in Doha. During the meeting, Amir-Abdollahian conveyed the greetings of Iranian President Ebrahim Raisi...
  • Investment in Qatar free zones reaches US$1.3bn, says QFZ chairman 

    DOHA, QATAR - Minister of State and Chairman of Qatar Free Zones Authority (QFZ) Dr. Ahmad bin Mohammed Al Sayed revealed that QFZ has attracted nearly 500 companies spanning diverse sectors with estimated investments at about US$1.3 billion (QR5 billion). The QFZ Chairman held a meeting with a delegation from...
  • Chinese foreign minister to visit Egypt, Tunisia this week: ministry

    Wang's overseas travel will coincide with another trip abroad by a top Chinese official, Premier Li Qiang, this week. Li will from Sunday to Wednesday visit Switzerland, the foreign ministry said, where he will attend the World Economic Forum Annual Meeting 2024 and carry out a state visit.
  • Sudan paramilitary leader Daglo holds talks in Pretoria

    The commander of Sudanese paramilitary forces Mohamed Hamdan Daglo wrote on X, previously Twitter, that he had apprised South African President Cyril Ramaphosa in a meeting in Pretoria about "the root causes of the war and the factors contributing to its persistence." Daglo has also met regional leaders in Kenya,...
  • Expelling Gazans from their homes non-starter: Blinken

    As Israeli politicians look to expel Palestinians from the Gaza Strip into neighbouring Egypt, US Secretary of State Antony Blinken has categorically rejected the idea, saying they should be able to stay as Israel battles Hamas. Blinken is on a crisis tour of the Middle East after Hamas fighters attacked...
  • Turkish President Erdogan concludes economy-driven Gulf tour in UAE

    The Comprehensive Economic Partnership Agreement (CEPA), signed in March, has further enhanced bilateral economic collaboration. The CEPA sets the stage for increased non-oil intra-trade, job creation, and a significant boost in UAE exports to Turkey.
  • Energy security and supplies dominate Qatar Emir-Japan PM talks

    Kishida and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani discussed "developments related to energy security and supplies," the Qatari leader said in a statement. They will attend a Japan-Qatar meeting that aims to "promote cooperation in energy security and in the field of clean energy and decarbonization," said Japan's foreign ministry.
  • Turkey’s ‘biggest ever’ defense deal inked during Erdogan’s Saudi visit

    Haluk Bayraktar, CEO of the drone manufacturer which is co-run by one of Erdogan's sons-in-laws, in a tweet called the deal "the biggest defence and aviation export contract in the history of the Turkish Republic". The value of the deal has not been made public.
  • Blinken meets Israeli, Palestinian leaders for peace

    US Secretary of State Antony Blinken met Israeli and Palestinian leaders on his Middle East tour aimed at curbing the outbreak of violence in the region. Blinken met Israeli Defense Minister Yoav Gallant and said that the US is committed for the Jewish state's security. Gallant called the US official...
  • DEWA completes 77 percent work in Hatta Water Reservoir

    DUBAI, UAE  - DEWA has completed 76.8 percent work on the water reservoir project in Hatta. The project has a storage capacity of 30 million imperial gallons (MIG) and is being built at a cost of approximately US$23 million (AED86 million). It is expected to be completed in April 2023....
  • UAE climate change ministry launches roadmap to plant 100m mangroves by 2030

    ABU DHABI, UAE  - UAE Ministry of Climate Change and Environment (MOCCAE) launched the roadmap for the National Carbon Sequestration Project, which aims to plant 100 million mangroves in the country by 2030.   This is as part of its efforts to implement the UAE's strategic initiative to achieve Net...
  • UAE, UK experts discuss science, tech help in net-zero agenda

    ABU DHABI, UAE - Experts from UK and the UAE participated in a Sci-Tech Virtual Tour of the Emirates science and technology ecosystem. The virtual tour was organized by UAE’s Ministry of Industry and Advanced Technology (MoIAT), the Ministry of Foreign Affairs and International Cooperation (MoFAIC), UAE Embassy in London,...
  • Sharjah International Travel and Tourism Forum to begin Nov 24

    SHARJAH, UAE - The 9th edition of the Sharjah International Travel and Tourism Forum (SITTF) is set to kick off at the Sharjah Expo Centre on November 24, 2022, under the theme 'Building a Resilient Future for Tourism'. The forum will be held under the patronage of Sheikh Sultan bin...
  • Tennis sensation Ons Jabeur enters second round at home

    The 28-year-old, whose ambition is "to be a good example for all the young people who follow her" has won three WTA titles including two this year in Madrid and Berlin.
  • Biden’s fraught Middle East tour sees no diplomatic breakthrough

    On issues ranging from energy prices to human rights and Israel's role in the region, Biden could point only to small -- if any -- gains after four whirlwind days of meetings and speeches. There was no progress on the moribund Palestine peace negotiations.
  • US Special Envoy for Yemen to visit Gulf for conflict resolution

    US Special Envoy for Yemen Tim Lenderking will travel to the Gulf starting March 28 to continue leading U.S. diplomatic efforts to advance a durable resolution to the conflict in Yemen and bring immediate relief to the people of Yemen, US State Department said in a statement. Yemenis deserve a...
  • KSA and Oman draw closer, sign deals worth $30bn

    Saudi Arabia signed deals with Oman valued at $30 billion, state media said Tuesday, as Crown Prince Mohammed bin Salman began a tour of Gulf Arab countries, including former rival Qatar.