INSEAD Day 4 - 728x90

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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

Lebanon leaders, central bank lock horns over fuel subsidies

In a country suffering from one of the worst economic crises in the world, this could effectively raise prices for...
  • The central bank on Wednesday ended subsidies on imported fuel, and instead offered importers a line of credit
  • Caretaker Prime Minister Hassan Diab said the move ‘contravenes the law’

Pope Francis back to full-time work with call for Lebanon aid

Francis said he hoped an international conference on Beirut explosion anniversary proves productive.

Israel’s top court delays decision on evictions of Palestinian families

Palestinians said the offer was made that they remain in their properties in the Sheikh Jarrah neighbourhood as "protected tenants."...

Hotel occupancy shows signs of recovery in MENA: Colliers

The hospitality industry has been the worst hit by the Covid pandemic, but there are signs that suggest a recovery...

New Israel Covid-19 rules trigger protest

Older citizens need to get booster vaccine shot, mask requirement indoors reimposed, vaccine certificates must for entering enclosed spaces

Six die in UAE from Covid-19, 1,537 test positive

The country's Ministry of Health and Prevention aims to continue expanding the scope of testing nationwide to facilitate the early...

Israeli Gaza bombing apparently amounts to war crimes: HRW

Unguided rockets and mortars fired by Palestinian groups towards Israel violate prohibition against targeting of civilians

Covid-19: Oman vaccinates nearly two million people

Muscat governorate has vaccinated the highest number of people followed by North Al Batinah and South Al Batinah

Doomed by pandemic, Makkah’s hotels can finally see light

Stung by the lockdown and lack of pilgrims traveling from around the world to Islam’s holiest site, Makkah’s hospital industry...

Jordan to vaccinate children and older citizens against Covid

Children aged 12 will be given the Pfizer-BioNtech vaccine only with the approval of a guardian and with no prior...

Israel security chief accuses PM of demanding personal loyalty

Israel's internal security chief, whom the government is trying to sack, accused Prime Minister Benjamin Netanyahu Monday of demanding personal...

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BP H1 profits down 79%

Revenue dropped 8 percent to $98 billion in the same period.

Gaza official says 300 killed in Khan Yunis as army ends assault

"Since the beginning of the Israeli ground invasion of the eastern part of Khan Yunis province, the civil defence and...

Saudi trains over 1,000 nationals in coastal tourism market

Riyadh, Saudi Arabia -- The Saudi Red Sea Authority (SRSA), in collaboration with the Ministry of Tourism, has implemented two...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

AI startups swap independence for Big Tech’s deep pockets

Washington, United States -- It's the case of the vanishing startup: some of Silicon Valley's most promising names in the fast-developing...
  • Critics believe these deals are acquisitions in all but name and have been especially designed by Microsoft or Amazon to avoid the attention of competition regulators.
  • US, European and UK regulators on Tuesday signed a joint statement insisting that they won't let big tech companies run roughshod over the nascent AI industry.

Dubai welcomes record 9.31m international overnight visitors in H1

Dubai, UAE -- Dubai welcomed 9.31 million international overnight visitors from January to June 2024, a 9 percent increase over...
  • Dubai was named the No.1 global destination for an unprecedented third successive year in the Tripadvisor Travellers’ Choice Awards in January.
  • Occupied room nights increased by 3 percent, with 21.35 million at the end of H1 2024, compared to 20.73 million in H1 2023.

In fuel-guzzling Saudi Arabia, electric cars pique interest

Riyadh, Saudi Arabia -- For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his...
  • Although the EV market in the world's largest oil exporter remains small compared with the United States and China, it tripled last year to nearly 800 cars.
  • Chinese EV giant BYD is expected to dominate the Saudi market. Its global rival Tesla of the United States has no dealerships in the Gulf kingdom.