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

AJEX, MODON sign partnership

AJEX will have rights to operate warehousing facilities at Modon.

Company News

Latest News

ADEX and Egypt sign wheat, commodities financing agreement

Abu Dhabi, UAE -- Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has...

Estithmar opens branches in Iraq

Two subsidiaries of the Qatari firm open two branches.

Saudi minister, Chinese firms seek collaboration in housing development

Beijing, China -- Saudi Arabia's Minister of Municipal, Rural Affairs and Housing, Majid bin Abdullah Al-Hogail, has held a meeting...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Turkey broadens grain deal talks ahead of Putin-Erdogan meet

Ankara, Turkey -- Turkey intensified talks with Ukraine, the United States, and the European Union on the grain deal in...
  • Various Turkish ministries have held talks with the US, EU and Ukraine in preparation for the possible Putin-Erdogan meeting.
  • Turkey's Milliyet newspaper reported that Putin will visit Turkey "in the coming days."

Money laundering: UAE seizes $1bn, arrests 387 people in 2 years

Abu Dhabi, UAE -- More than AED 4 billion ($1.08 billion) were confiscated during the past two years by UAE's...
  • Between Nov 2022 to Feb 2023, intelligence was shared in a total of 1,628 instances with international collaborators.
  • These collaborations encompass various communication channels, including INTERPOL, Europol, the Gulf Police Authority, AMON International Network.

US special Yemen envoy Lenderking’s Gulf tour to push for longer truce

"The United States is committed to supporting a resolution to the Yemen conflict as soon as possible. We are working...
  • Tim Lenderking will meet with Yemeni, Saudi, Emirati, Omani and international partners to discuss the necessary steps to secure a durable ceasefire.
  • He will also congratulate Yemeni, UN, and international partners on the successful operation to offload over 1.1 million barrels of oil from the FSO Safer supertanker.