Gulf Business https://gulfbusiness.com Mon, 14 Aug 2023 06:07:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.5 https://gulfbusiness.com/wp-content/uploads/2020/07/cropped-gb-new-fevicon-2020-1-32x32.png Gulf Business https://gulfbusiness.com 32 32 Saudi Arabia plans to issue $9.6bn in sukuk after buyback https://gulfbusiness.com/saudi-arabia-to-issue-9-6bn-sukuk-after-buyback/ https://gulfbusiness.com/saudi-arabia-to-issue-9-6bn-sukuk-after-buyback/#respond Mon, 14 Aug 2023 06:07:32 +0000 https://gulfbusiness.com/?p=264642 HSBC Saudi Arabia, Al Rajhi Capital, SNB Capital, and AlJazira Capital have been appointed as joint lead managers to lead the transaction

The post Saudi Arabia plans to issue $9.6bn in sukuk after buyback appeared first on Gulf Business.

]]> https://gulfbusiness.com/saudi-arabia-to-issue-9-6bn-sukuk-after-buyback/feed/ 0 ADNIC reports net profit of Dhs204m in H1 2023 https://gulfbusiness.com/adnic-reports-net-profit-of-dh204-million-h1-2023/ https://gulfbusiness.com/adnic-reports-net-profit-of-dh204-million-h1-2023/#respond Mon, 14 Aug 2023 06:05:51 +0000 https://gulfbusiness.com/?p=264624 ADNIC in its earnings release reported its underwriting profitability continued to be robust with a combined ratio of 87.60 per cent and a net insurance service profit of Dhs178.1m

The post ADNIC reports net profit of Dhs204m in H1 2023 appeared first on Gulf Business.

]]> https://gulfbusiness.com/adnic-reports-net-profit-of-dh204-million-h1-2023/feed/ 0 Hawaii wildfire death toll rises to 93 as experts look into cause of ignition https://gulfbusiness.com/hawaii-wildfire-death-toll-rises-to-93/ https://gulfbusiness.com/hawaii-wildfire-death-toll-rises-to-93/#respond Mon, 14 Aug 2023 05:48:48 +0000 https://gulfbusiness.com/?p=264626 The blaze that burnt down the town of Lahaina, damaged an estimated 2,207 structures with an estimated capital cost of $5.5bn

The post Hawaii wildfire death toll rises to 93 as experts look into cause of ignition appeared first on Gulf Business.

]]> https://gulfbusiness.com/hawaii-wildfire-death-toll-rises-to-93/feed/ 0 Neymar and PSG in talks with Al Hilal for Saudi Pro League transfer https://gulfbusiness.com/neymar-psg-in-talks-with-al-hilal-club/ https://gulfbusiness.com/neymar-psg-in-talks-with-al-hilal-club/#respond Mon, 14 Aug 2023 03:29:17 +0000 https://gulfbusiness.com/?p=264620 The Brazil forward's current contract with PSG runs until 2025

The post Neymar and PSG in talks with Al Hilal for Saudi Pro League transfer appeared first on Gulf Business.

]]> https://gulfbusiness.com/neymar-psg-in-talks-with-al-hilal-club/feed/ 0 DEWA selects Masdar to build phase 6 of Dubai solar park https://gulfbusiness.com/masdar-to-build-phase-6-of-dewas-solar-park/ https://gulfbusiness.com/masdar-to-build-phase-6-of-dewas-solar-park/#respond Sun, 13 Aug 2023 10:15:47 +0000 https://gulfbusiness.com/?p=264509 The total capacity of the solar energy projects commissioned at the Mohammed bin Rashid Al Maktoum Solar Park has reached 2,427MW

The post DEWA selects Masdar to build phase 6 of Dubai solar park appeared first on Gulf Business.

]]> https://gulfbusiness.com/masdar-to-build-phase-6-of-dewas-solar-park/feed/ 0 How technology can unlock the full potential of supply chain https://gulfbusiness.com/reimagine-supply-chain-using-smart-technologies/ https://gulfbusiness.com/reimagine-supply-chain-using-smart-technologies/#respond Sun, 13 Aug 2023 08:00:58 +0000 https://gulfbusiness.com/?p=264500 Smart technologies can unlock the potential data dividend in every link in the supply chain

The post How technology can unlock the full potential of supply chain appeared first on Gulf Business.

]]> https://gulfbusiness.com/reimagine-supply-chain-using-smart-technologies/feed/ 0 How sustainability is gaining importance in logistics services https://gulfbusiness.com/sustainability-is-gaining-importance-in-logistics/ https://gulfbusiness.com/sustainability-is-gaining-importance-in-logistics/#respond Sun, 13 Aug 2023 07:00:51 +0000 https://gulfbusiness.com/?p=264489 Sustainability and supply chain resiliency are expected to reshape the global business environment

The post How sustainability is gaining importance in logistics services appeared first on Gulf Business.

]]> https://gulfbusiness.com/sustainability-is-gaining-importance-in-logistics/feed/ 0 Abu Dhabi reduces hotel fees to boost growth in hospitality, tourism sectors https://gulfbusiness.com/abu-dhabi-revises-hotel-fees-to-boost-sector/ https://gulfbusiness.com/abu-dhabi-revises-hotel-fees-to-boost-sector/#respond Sun, 13 Aug 2023 06:34:47 +0000 https://gulfbusiness.com/?p=264580 The change, which follows directives from the Abu Dhabi Executive Council, is set to take effect from September 1

The post Abu Dhabi reduces hotel fees to boost growth in hospitality, tourism sectors appeared first on Gulf Business.

]]> https://gulfbusiness.com/abu-dhabi-revises-hotel-fees-to-boost-sector/feed/ 0 How AD Ports’ logistics cluster is supporting global trade https://gulfbusiness.com/how-ad-ports-is-accelerating-its-growth-strategy/ https://gulfbusiness.com/how-ad-ports-is-accelerating-its-growth-strategy/#respond Sun, 13 Aug 2023 06:00:32 +0000 https://gulfbusiness.com/?p=264481 Qusai Kankazar, chief operations officer of AD Ports’ Logistics Cluster, tells us how the group is growing its global presence while bolstering its regional operations

The post How AD Ports’ logistics cluster is supporting global trade appeared first on Gulf Business.

]]> https://gulfbusiness.com/how-ad-ports-is-accelerating-its-growth-strategy/feed/ 0 Julphar half-year revenues surge to Dhs859.4m on solid growth https://gulfbusiness.com/julphar-posts-dhs859-4m-in-h1-revenues-up-2-5/ https://gulfbusiness.com/julphar-posts-dhs859-4m-in-h1-revenues-up-2-5/#respond Sun, 13 Aug 2023 05:17:31 +0000 https://gulfbusiness.com/?p=264470 The company registered double-digit growth in the UAE and GCC region markets due to continued positive developments in key markets including Saudi Arabia

The post Julphar half-year revenues surge to Dhs859.4m on solid growth appeared first on Gulf Business.

]]> https://gulfbusiness.com/julphar-posts-dhs859-4m-in-h1-revenues-up-2-5/feed/ 0