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Wednesday, 19 August 2020

DP World reveals 56% drop in H1 profit, as Covid impacts container volumes

Group chairman and CEO Sultan Ahmed Bin Sulayem said it's been 'one of the most challenging...
Majid Al Futtaim committed to expansion plans, after 27% drop H1 earnings
Carrefour reported 263% increase in online sales across all markets the company operates in
Oman's sultan names new foreign minister in government reshuffle
Sultan bin Salem bin Saeed al-Habsi was appointed finance minister

Barakah nuclear energy plant connects to UAE grid

Unit 1 of the Barakah plant is currently providing the first megawatts of energy to the grid
Union Properties looks to list three subsidiaries
Union Properties had accumulated losses of $626m at the end of June this year
Dubai ready to relaunch cruise season this autumn
Virtual workshop hears that 'Dubai is open for business' and ready to welcome cruise passengers

Lebanon reimposes lockdown amid Covid-19 spike: ministry

New measures, which come into effect on Friday, will not affect the clean-up and aid effort...
Saudis keep pressure on OPEC cheats before ministerial talks
The coalition of producers is restoring some of the vast quantities of crude halted during the...
Fitch follows Moody's by downgrading Oman
Even before the virus outbreak and declines in oil prices, Oman was already among the most...

UAE reveals 'remarkable increase' in Covid cases as testing breaks through 6m mark

Increase in cases blamed on people failing to adhere to preventive and precautionary measures
Videos

Video: Middle East's first solar energy landfill project

Bee'ah announced it will convert 47 hectares of Al Saja'a landfill area into a state-of-the-art...
Video: What it's like to walk in space and dive 7 miles below sea level
Dr. Kathy Sullivan has experienced incredible highs and exhilarating lows as an explorer.
Video: Drone footage shows destruction after deadly Beirut blasts
Aerial footage shows heavily damaged streets and abandoned homes close to the Port of Beirut,...
Editor's Choice

Uber arrives in Sharjah as part of UAE expansion

Customers in the emirate will have access to UberSelect, the company's most affordable service
UK's biggest premium halal food producer Haloodies sees 30% rise in online sales
Noman Khawaja, CEO of Haloodies, said Covid-19 posed a 'challenge' for other parts of the...
Abu Dhabi ready to welcome blockbuster productions in 2021
CEO of twofour54 and Image Nation Abu Dhabi, Michael Garin, believes the UAE capital is fast...
Opinion

Have we started down the rocky road to recovery?

There are signs of economic life around the world, even as COVID cases continues to climb in many...
For editorial queries, please contact
Neil Halligan
Editor, ArabianBusiness.com
neil.halligan@itp.com
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Joe Chidiac
Group Commercial Director, Arabian Business, CEO Middle East, Esquire, Rake and Revolution
Direct +971 4 444 3121 Mobile +971 55 459 2700
joe.chidiac@itp.com
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