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
  • Beijing, China - The US Secretary of State Antony Blinken and China's Foreign Minister Wang Yi on Wednesday spoke over the...

    Blinken discussed his recent travel in the Middle East and US diplomatic efforts in the region with Wang

    He also underscored that the recent Houthi attacks against commercial vessels in the Red Sea

  • Organizers say the Faith pavilion is supporting progress toward an ambitious pact to limit global warming, that also ensures financial...

    Organizers say more than 300 faith leaders from all major religions and traditional beliefs are expected to participate in the pavilion during the two-week-long conference

    Faith leaders issued an interfaith statement in support of reducing and eventually exiting fossil fuels - a flashpoint issue at the conference overseen by an Emirati oil executive

  • European Commission, the EU's executive arm, first proposed an AI law in 2021 that would regulate systems based on the...

    Negotiators from EU Parliament and EU member states will meet on Wednesday from 1400 GMT, with talks expected to last into the evening

    Although there is no real deadline, senior European Union figures have repeatedly said the bloc must finalize the law before the end of 2023

  • The Lebanese army in a statement said that its position was targeted by the "Israeli enemy" on the southern border....

    Acknowledging the attack on Lebanon, Israel said that it had targeted a Hizbollah position

    At least 110 have been killed on the Lebanese side since October, mostly Hizbollah fighters

  • Warsaw, Poland - As Vladimir Putin touches down in the Middle East later on Wednesday for visits to the UAE...

    A much-touted Ukrainian counteroffensive that was once expected to carve through Russian lines has stalled, oil revenue is rebounding

    Russia's front line has largely repelled Ukraine's counter-offensive, launched with billions of dollars worth of Western arms

  • The strategic partnerships, including substantial financial support from UAE and Qatar, mark a new era in Türkiye-GCC ties, promising to...

    The strategic partnerships, including substantial financial support from UAE and Qatar, mark a new era in Türkiye-GCC ties, promising to significantly boost bilateral trade.

    Türkiye-GCC relations are revitalized through billion-dollar deals and support for Turkey's post-earthquake recovery, aiming to triple trade with the Gulf by 2030.

  • LONDON, UK - A Western price cap imposed a year ago on Russia's oil has had limited success with Moscow increasingly...

    The cap was jointly imposed on December 5, 2022 by the European Union, Australia and the Group of Seven rich countries.

    Initially successful, it lost its impact once President Vladimir Putin's Russia found new buyers for its oil and new tankers to deliver it.

  • Doha, Qatar - Qatar's ruler hit out at "shameful" international inaction over the Israel-Hamas war in Gaza as he opened a...

    Qatar emir called for a global probe into Israeli massacres in Gaza, and urged a just solution to Palestinian issue

    Qatar, a US ally which hosts a large US military base, hosts a Hamas office which doubles as the residence of its self-exiled leader, Ismail Haniyeh

  • Ramallah, Palestinian Territories -- Released under an exchange between Israel and Hamas, former Palestinian civilians held in various jails have described...

    There are around 7,800 Palestinians civilians in Israeli jails. Some 3,580 Palestinians have been held by Israeli forces since Oct 7.

    "Testimonies and video evidence also point to numerous incidents of torture and other ill-treatment by Israeli forces," Amnesty International has said.

  • "The so-called safe zones... are not scientific, they are not rational, they are not possible, and I think the authorities...

    Gaza health ministry put the latest death toll of civilians killed in Israeli bombardment and ground attacks at 16,248, around 70 percent of them women and children.

    As Israel's offensive pushes deeper into Gaza, international aid organizations have warned that civilians in the de territory are running out of places to flee to.