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
  • London, United Kingdom -- A British woman suffering from motor neuron disease who lost her ability to speak is once...

    Sarah Ezekiel, an artist, was left without the use of her voice after she was diagnosed at the age of 34 with MND while pregnant with her second child 25 years ago.

    AI tools developed by a New York-based ElevenLabs developed voice very close to her original, complete with her London accent.

  • Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy...

    The UAE and Dubai have long welcomed wealthy people from nearby countries, and people helping millionaires to move there told AFP it is seeing more Westerners joining the fray

    The Gulf state's golden visa scheme, meant to attract wealthy or skilled foreigners, allows individuals to obtain a 10-year residence permit

  • Google will provide its Gemini artificial intelligence tools to US federal agencies practically free, the government announced Thursday.

    A suite of AI and cloud computing services called "Gemini for Government" from Google is intended to speed the adoption of the technology across the US government

    AI tools being provided include generation of video, images, or ideas as well as digital "agents" capable of independently tending to complex tasks

  • Hong Kong, China - Asian markets edged mostly upward in muted morning trading on Thursday, one day before a key...

    US Federal Reserve Chairman Jerome Powell, who has resisted public demands by President Donald Trump to cut rates, is scheduled to deliver remarks Friday

    Data last week provided a mixed picture of US inflation, making it uncertain if the Fed will lower rates as many investors expect in September

  • Muscat, Oman -- The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of...

    The value of disposable national income (available for consumption and savings after deducting taxes and other transfers) amounted to US$1.989 trillion.

    The data indicate that the contribution of the non-oil sector to the GCC’s Gross Domestic Product (GDP) at current prices rose to 71.5 percent by the end of 2023.

  • "I'll be setting tariffs next week and the week after, on steel and, I would say, chips. Chips and semiconductors,...

    Trump said the levy rate would be "lower at the beginning" but "very high after a certain period of time," as a way to encourage businesses to relocate operations to the US.

    On August 6, Trump announced a 100 percent tariff on semiconductors from firms that do not invest in the United States.

  • New York, United States - Wall Street stocks finished little changed Thursday as markets absorbed a disappointing inflation report, while...

    The producer price index rose 0.9 percent on a month-on-month basis, much greater than analysts expected following benign consumer pricing data earlier this week

    Among individual companies, Intel surged 7.4 percent following a Bloomberg News report that Trump is considering an investment in the beleaguered chip company

  • Bitcoin hit a new peak at $124,514.59 in Asian trading, before cooling to around $121,500. The world's biggest cryptocurrency is...

    Bitcoin is also winning investor support thanks to strong backing for the cryptocurrency sector from Trump.

    Most European equity indices climbed after major Asian peers ended lower.

  • Human Health and Social Work activities registered the highest growth rate, rising 26 percent compared to the same period last...

    Real Estate activities grew by 7.8 percent, while financial and insurance activities expanded by 5.9 percent.

    Accommodation and food service activities recorded a 3.4 percent increase, and transport and storage rose by 2 percent.

  • Tokyo, Japan - Bitcoin hit a record high on Thursday during early Asian trading, surpassing $124,000, driven by favourable US...

    US stocks ended higher Wednesday, with the S&P 500 index and the tech-heavy Nasdaq reaching new heights this week, contributing to the cryptocurrency's rise

    Bitcoin's value has recently soared, fuelled by US regulatory changes under US President Donald Trump, a strong backer of the crypto sector