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
  • Asia-Pacific markets were mixed on Monday after a week that saw a broad rally in stocks, as investors awaited a...

    The Bank of Korea releases rate decision Thursday, Japan and Singapore issue inflation data Friday

    Against the yen, the greenback fell more than 0.8% to 146.37

  • Beijing, China - Youth unemployment in China ticked up to 17.1 percent in July, official figures showed, the highest level this...

    China is battling soaring joblessness among young people, a heavily indebted property sector and intensifying trade issues with the West

    The unemployment rate among 16- to 24-year-olds released Friday by the National Bureau of Statistics (NBS) was up markedly from June's 13.2 percent

  • Advanced blockchain analysis tools, such as those provided by Chainalysis, are empowering law enforcement agencies and enterprises to counter the...

    Research by Chainalysis found that flow of crypto funds to legitimate services has reached their highest levels since 2021

    Aggregate illicit activity over the same period fell by an impressive 19.6 percent

  • Norway’s massive sovereign wealth fund on Wednesday posted first-half profit of 1.48 trillion kroner ($138 billion), primarily driven by robust...

    Completely different geopolitical situation now present more risks to global stocks

    The PIF, which has $977 billion in assets, reported a 2023 profit of $17.2 billion in a July 2024 filing

  • Dubai, UAE - Dubai's real estate market reached a new peak in July, with sales hitting an all-time high of...

    Apartment sales, which accounted for nearly 45% of all transactions, surged by 62% year-on-year, with approximately 70% of these being off-plan sales

    The villa segment also saw a shift towards the off-plan market in the past two months, resulting in a 9.9% year-on-year growth overall

  • Geneva, Switzerland – A recent report by the World Economic Forum (WEF) highlights the growing concern that unequal access to...

    The WEF’s research reveals that disparities in access to green financing pose the greatest risk to economic equity across various sectors

    The findings underline the need for a fair distribution of the costs and benefits of climate action among workers, consumers, and businesses

  • The law will ensure equal treatment between domestic and foreign investors, protecting intellectual property and promoting fair competition in line...

    The updated investment law, approved by the Council of Ministers on Sunday, seeks to level the playing field for both domestic and international investors

    It guarantees the rule of law, fair treatment, and the freedom to transfer funds without delay, among other protections

  • U.S. crude oil prices rose over 4% on Monday, surpassing $80 per barrel, as the Pentagon deployed additional forces to...

    WTI and Brent crudes were both hovering around $80 per barrel at time of publishing

    Expectations for three-year inflation hitting a record low of 2.3%

  • Middle East War

    With tensions soaring in the Middle East, the United States says that Iran along with its proxies might attack Israel...

    Iran and its Lebanese ally Hezbollah have vowed revenge for the killings of Ismail Haniyeh and Fuad Shukr

    The White House warned that a "significant set of attacks" by Iran and its proxies was possible as soon as this week

  • Saudi Arabia announced new business regulations aimed at boosting transparency and easing the process of investing in the kingdom as...

    Update will replace the current licensing process in 2025

    Kingdom wants to hit $100 billion of FDI annually by 2030