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

Blinken arrives in Morocco to hold talks with UAE leader

Mr Antony Blinken waves as he boards his flight to Morocco in the Negev desert in Israel on March 28, 2022. AFP
  • Blinken flew in from Israel, where he joined a historic meeting of fellow top diplomats from the Jewish state, UAE, Morocco, Bahrain and Egypt
  • US officials said talks in Morocco on Tuesday, and in a follow-up stop Wednesday in Algeria, would deal with the economic fallout from the Ukraine war

US Secretary of State Antony Blinken arrived in Morocco Monday to meet senior officials and hold talks with the United Arab Emirates’ de facto leader, Abu Dhabi Crown Prince Mohammed bin Zayed al-Nahyan.

Blinken flew in from Israel, where he joined a historic meeting of fellow top diplomats from the Jewish state, UAE, Morocco, Bahrain and Egypt. The meeting underlined the recent positive shift in relations between Arab countries and Israel.

US officials said talks in Morocco on Tuesday, and in a follow-up stop Wednesday in Algeria, would deal with development issues, as well as the economic fallout from the Ukraine war, which has impacted food supplies for major grain importers in the region.

Discussions were also expected to address cooperation on confronting the continued threat from the Islamic State group and Al-Qaeda affiliates in the Sahel region.