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
  • Israeli Prime Minister Benjamin Netanyahu will meet Donald Trump in Florida on Monday, with the US president pushing to move...

    Netanyahu is also expected to try to shift some focus onto Iran, amid reports he will call for more US strikes on the Islamic republic

    He will bring up the "danger Iran poses not only to the region of the Middle East, but the United States as well," Israeli spokeswoman said

  • Somalia's president is to visit close ally Turkey on Tuesday following Israel's recognition of the breakaway territory of Somaliland, Turkey's...

    Turkey denounced Israel's recognition of Somaliland, a self-proclaimed republic, calling it "overt interference in Somalia's domestic affairs"

    Ankara, a close ally of Somalia, provides military and economic assistance to the country that has been devastated by civil war

  • Somaliland declared independence from Somalia in 1991 and has for decades pushed for international recognition. A self-proclaimed republic, it enjoys...

    But it has been diplomatically isolated since its unilateral declaration of independence.

    Egypt, Turkey, the six-nation Gulf Cooperation Council and the Saudi-based Organisation of Islamic Cooperation all condemned the decision.

  • Sofia, Bulgaria -- Ancient rock art, a patron saint and a monk will be emblazoned on euro coins from Thursday,...

    Bulgaria will become the 21st country to adopt the euro on Thursday.

    The single currency first rolled out in 12 countries on January 1, 2002, and has since regularly extended its influence, with Croatia the last country to join in 2023.

  • Samawah, Iraq -- Deep in Iraq’s southern desert, bulldozers and earthmovers spread layers of moist clay over sand dunes as...

    Iraq has long suffered from sand and dust storms, but in recent years they have become more frequent and intense as the country falls prey to the effects of climate change.

    Iraqi authorities have warned that these suffocating storms will intensify further, adding urgency to efforts to address the root of the problem.

  • The statements came a day after reported Saudi airstrikes on separatist positions in Yemen's Hadramawt province — and after Washington...

    Saudi Defense Minister Khalid bin Salman posted on X that troops from the separatist STC should “peacefully hand over” two regional governorates to the government.

    In recent weeks, the UAE-backed STC, which seeks to revive the formerly independent state of South Yemen, swept through swaths of the country.

  • Ukrainian President Volodymyr Zelensky is to meet US President Donald Trump in Florida on Sunday for talks on how to...

    The meeting to discuss new peace proposals comes amidst Trump's intensified efforts to broker an agreement to end the conflict

    The latest plan is a 20-point proposal that would freeze the front line but open the door for Ukraine to pull back troops from the east

  • Beijing, China -- China's sprawling high-speed rail network passed 50,000 kilometers (31,000 miles) in total operating distance with the opening...

    The country has the world's largest rail network -- one-fifth longer than the circumference of the earth.

    China's rail network has expanded by around 32 percent compared to 2020, state-owned China Railway added Friday in a statement.

  • A Yemeni military official said around 15,000 Saudi-backed fighters were amassed near the Saudi border -- but were not given...

    There were no immediate reports of casualties in the air strikes, which came amid a dramatic escalation in the decade-long conflict.

    The strikes came as a Yemeni government official in Riyadh told AFP that Saudi may be considering military action against the separatists if talks fail.

  • Fourteen countries, including France, Britain, and Germany, condemned on Wednesday Israel's recent approval of new Jewish settlements in the occupied...

    In their statement, the countries stressed such unilateral actions "violate international law" and risk undermining the ceasefire in Gaza

    They also reaffirmed their "unwavering commitment to a comprehensive, just and lasting peace based on the two-state solution."