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
  • TEL AVIV, ISRAEL - One of the last remaining hospitals in the northern Gaza Strip stopped operating on Tuesday after...

    An official told AFP Israeli troops attacked the Al-Ahli hospital and arrested doctors, medical staff and patients, destroying part of the building's grounds

    At least four people who were wounded by Israeli fire on Monday died on Tuesday after being injured in the Al-Ahli assault, he said

  • Geneva, Switzerland - Gaza is "the most dangerous place in the world" for a child, the UN children's agency spokesperson said...

    "I'm furious that those with power shrug at the humanitarian nightmares unleashed on a million children," UNICEF spokesperson James Elder said

    He spoke of children having undergone amputations and who were then "killed in those hospitals" as the Israeli army bombardment of the Gaza Strip continues

  • Sales of Hyundai cars have tumbled in Russia.

    The war in Ukraine has sparked an exodus of foreign companies from Russia, including many major car manufacturers.

    Sanctions by the European Union, the United States and others have made it increasingly difficult to do business with Russia.

  • Israel -- backed by its ally Washington, a veto-wielding permanent Security Council member -- has opposed the term "cease-fire." This...

    The current struggle comes after an impasse earlier this month, when the US, despite unprecedented pressure from UN chief Antonio Guterres, blocked the adoption of UNSC resolution.

    Last week, the General Assembly adopted the same nonbinding resolution by 153 votes to 10, with 23 abstentions, out of 193 member states.

  • Paris, France - The French government of President Emmanuel Macron on Tuesday was battling to salvage a flagship immigration reform following...

    The government regards the legislation -- which generally tightens immigration rules -- as crucial to seizing the initiative on the issue from the far-right

    The chief obstacle is that the right wants to make social security benefits for foreigners conditional on five years of presence in France or 30 months for those who work

  • State Department spokesman Matthew Miller said that the first private trucks entered Saturday and more came through on Monday. Miller,...

    The commercial trucks came through the Rafah crossing between Gaza, which is controlled by Hamas, and Egypt

    State Department spokesman Miller said that the arrival of commercial trucks was the "result of intensive diplomacy" by US officials

  • A report by Washington's Director of National Intelligence, quoted by US media, said that nearly half of munitions dropped by...

    The Israeli offensive, aimed at destroying Hamas, has killed at least 19,453 people in Gaza, also mostly civilians, according to the Hamas-ruled territory's health ministry

    US President Joe Biden has warned Israel was at risk of losing international support due to its "indiscriminate" bombing of the Palestinian territory

  • Dubai, UAE--A Hamas official on Monday said one of the group's tunnels revealed by the Israeli army in Gaza had...

    Israel army claimed to have uncovered the biggest Hamas tunnel on Sunday in Gaza, near the Erez crossing between the Palestinian territory and Israel

    A senior Hamas official speaking in Beirut said that owing to the tunnel the mission that Hamas set out to achieve has been "carried out successfully"

  • US Geological Survey said Monday night's magnitude-5.9 quake struck at a shallow depth with an epicenter around 100 kilometers from...

    Officials said the shallow tremor had caused the deaths of at least 105 in Gansu province

    A further 13 died, 182 were injured and 20 were missing in the city of Haidong

  • US Defense Secretary Lloyd Austin said in a statement that countries seeking to defend "the foundational principle of freedom of...

    Austin said the security coalition will ensure freedom of navigation for all countries

    Houthi attacks have forced insurance companies to increase premiums on ships