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
  • "The plan states that Israel will move forward with its already-in-motion project to establish a security buffer zone on the...

    The proposal, which Netanyahu submitted to his security cabinet late Thursday, would also see the Israeli army persisting in its war on Hamas until it achieves key goals.

    Even after the war, the Israeli army would have "indefinite freedom" to operate throughout Gaza, according to the plan.

  • Soliman, Tunisia - A Tunisian imam expelled from France for alleged hate speech said on Friday he would take legal action...

    Mahjoub Mahjoubi, from the town of Bagnols-sur-Ceze in the south of France, denounced his removal as "arbitrary"

    He was expelled on the charges of giving a sermon that had "retrograde, intolerant and violent" image of Islam

  • The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...

    The Houston-based company's stock price soared by 40 percent in early trading before paring back to 24 percent.

    Intuitive Machines said Odysseus, which is the size of a large golf cart, is upright.

  • LONDON, UK – The price of natural gas in Europe fell again on Friday, taking it to its lowest in almost...

    Gas reserves, which are usually drawn down during winter for heating, are at 64.7 percent of storage capacity on average in the European Union.

    Gas prices soared in 2022 and into 2023 as Russia's invasion of Ukraine made EU countries limit consumption and diversify their sources of supply.

  • ABU DHABI, UAE – The Registration Authority (RA) of Abu Dhabi Global Market has fined Baker Tilly Middle East Limited...

    The RA fined Baker Tilly US$50,000 and Sturgeon US$12,500 for serious failings and gaps in the financial audit

    The RA expects ADGM firms to conduct and prepare audit reports in accordance with professional standards.

  • Maritime container transport has sunk by almost one third so far in 2024 compared with a year earlier, according to...

    The Houthis have carried out relentless attacks since November on shipping transiting the Red Sea, a maritime hub through which 12 percent of global trade usually passes

    Premiums for ships have "increased significantly" following the Houthi attacks, according to Frederic Denefle, head of Garex, a French firm specialized in marine risk insurance

  • Amman, Jordan--Jordan and Oman have signed a raft of agreements to boost direct investment in both the countries. The first...

    In 2022, Jordan exported $70.2 million worth of goods to Oman, while Jordan imported $57.4 million worth of goods from Oman

    The agreements between the two countries aim to establish partnerships for investment and trade between the two business sectors

  • A security source said that an Israeli drone shot two guided missiles at the building in Kfar Rumman, near the...

    Hizbollah confirmed that two of its fighters had been killed by Israeli fire

    The Lebanese armed group said it had fired rockets at Israel in response

  • Dubai, United Arab Emirates - Yemen's Iran-backed Houthi rebels fired two missiles at a British-owned cargo ship passing through the Gulf...

    The rebels, who control much of Yemen, have carried out months of attacks on merchant vessels in the Red Sea and the Gulf of Aden

    The Houthis said they had also "fired a number of ballistic missiles and drones at various targets of the Zionist enemy" in the Israeli Red Sea resort of Eilat

  • "We are deeply concerned about the impacts that the Israel and Gaza war are having on hate crimes and on...

    Tell MAMA recorded 2,010 such cases in the four months since Hamas's deadly attack against Israel on October 7 sparked the conflict

    Some 901 cases occurred offline while 1,109 were online and most of the offline incidents took place in the British capital London