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
  • ABU DHABI, UAE - The prices of petrol and diesel are set to decrease in the country in January following...

    This change reflects a continuous trend observed in the fuel prices over the past few months.

    September and October witnessing increases and November and December seeing reductions.

  • NEW YORK, US – The Counter-Terrorism Committee (CTC) of the UN Security Council adopted the "Abu Dhabi Guiding Principles" and...

    The document is the first of its kind at the United Nations to address the increasing challenges posed by UAS in the context of counter-terrorism.

    As the current chair of the Counter-Terrorism Committee, the UAE facilitated this crucial initiative, reflecting its commitment to global peace and security.

  • Abu Dhabi, UAE -- The UAE is bidding farewell to 2023, dubbed the ‘Year of Sustainability'. From hosting the relatively...

    UAE launched ALTÉRRA, the world’s largest private investment climate action vehicle, aimed at raising and mobilizing an additional $250bn for climate action.

    Despite global headwinds, CBUAE projects 3.3 percent year-on-year growth projected for the UAE economy in 2024.

  • DUBAI, UAE -  Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive...

    The aim of the resolution is to protect the environment, encourage people to adopt an eco-friendly lifestyle.

    The move also aims to encourage the private sector to promote the use of recycled products.

  • Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.

    Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.

    The semiconductor battle, with Abu Dhabi-based G42 cutting its ties with Huawei, is a prime example of the region’s strategic maneuvering in this global power play.

  • From AI to the future of jobs and slow climb to gender parity, WEF reports provide insights into some of...

    Buffeted by a global energy crisis, inflationary pressures and geopolitical instability, the move to clean energy has faced a challenging time.

    This year's top 10 emerging technologies will likely become increasingly familiar in the years ahead as they help tackle some of our biggest challenges.

  • "Hopefully, 2024 will be a year in which we overcome the troubled period that started with the coup attempt, grew...

    Every new year should be welcomed with joy, hope, and excitement, says Recep Tayyip Erdoğan, President of Türkiye.

    We are entering the year 2024 with heavy hearts due to the negative events in our region and the world, he adds.

  • COPENHAGEN, DENMARK - Shipping giant Maersk said on Sunday it was suspending the passage of vessels through a key Red Sea...

    The Maersk Hangzhou, a Singapore-flagged, Denmark-owned container vessel reported being struck by a missile while transiting the Bab al-Mandab Strait.

    It appeared to be undamaged in that attack and "was able to continue its transit north", said Maersk, one of the world's largest shipping companies.

  • Youssef Salama, the 68-year-old former minister of religious affairs in the Palestinian Authority, was killed in a strike on the...

    "We pulled (out) nine martyrs, who were members of a very peaceful family. Two adjacent houses were targeted," said the area's civil defense director, Rami al-Aidi.

    10 Houthi rebels were feared dead or missing after US Navy helicopters fired at them while attempting to board a cargo ship off Yemen.

  • The prime minister of Israel told a news conference that the war will continue for many months "until Hamas is...

    He said that Israel was depriving Hamas of their capabilities in a gradual manner

    Hamas is still holding 129 hostages in Gaza, according to the Israeli military