#costs

Renewable Power Cost is impact fossil fuel prices shows IRENA report Image IRENA

This power source saved $520bn in fuel costs globally in 2022, reveals report

Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity

Healthcare

How digital revolution is reshaping healthcare in the Middle East

As the healthcare sector faces new challenges, emerging technologies are helping leaders to improve performance and manage costs

ADIB reports highest quarterly net profit for Q3 2022

ADIB reports highest quarterly net profit for Q3 2022, crossing Dhs1bn

The bank registered Dhs2.45bn in net profit for the first nine months of 2022

Emirates NBD

Dubai’s Emirates NBD reports a 52% slide in net profit for 2020

Total income of Dhs23.2bn improved 4 per cent year-on-year

Kuwait’s Jazeera Airways slashes workforce to cut costs on virus

The company has about $100m in cash reserves and isn’t currently talking to banks about financing or seeking government aid