INSEAD Day 4 - 728x90

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

Saudi finance minister calls for GCC cooperation

GCC Secretary-General Nayef Falah Al-Hajraf and several officials and specialists were present in the meeting
  • During the meeting, the ministers reviewed the progress made on issues related to strengthening the financial and economic cooperation among the GCC states
  • The meeting was chaired by the Minister of Finance, Chairman of the current session, Mohammed bin Abdullah Al-Jadaan

Saudi Arabia’s finance minister, Mohammed bin Abdullah Al-Jadaan, has stressed the need for the promotion of the joint Gulf action, with the need to raise the pace of coordination among all GCC states to establish the customs union and implement the tracks of the Gulf common market, leading to the economic unity by 2025.

The Ministers of Finance and Economy of the Gulf Cooperation Council (GCC) states held virtually the meeting of the Financial and Economic Cooperation Committee.

During the meeting, the ministers reviewed the progress made on issues related to strengthening the financial and economic cooperation among the GCC states.

The meeting was chaired by the Minister of Finance, Chairman of the current session, Mohammed bin Abdullah Al-Jadaan, and the participation of GCC Secretary-General Nayef Falah Al-Hajraf, and several officials and specialists.