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 former Mastercard chief executive told the Council on Foreign Relations in New York that the bank should alter its...

    Banga has previously called on World Bank to collaborate more closely with the private sector to meet the enormous costs associated with climate change mitigation and adaption

    On Tuesday, Banga said the bank should carefully target where it wants to encourage private investment to help cap carbon emissions in order to have the biggest impact

  • Sudairi's delegation, which crossed overland from Jordan, was the first from Riyadh to visit the West Bank since the 1993...

    In a sign of the thaw, Israel's Tourism Minister Haim Katz visited Riyadh on the same day, for the first such high-level public mission to the oil-rich kingdom

    Speaking at a ceremony Tuesday marking the 1973 Arab-Israeli war, Israeli Prime Minister Benjamin Netanyahu said "many states in the Middle East want peace with Israel"

  • New York, Washington - Turkish President Recep Tayyip Erdogan has announced that Prime Minister Benjamin Netanyahu is scheduled to visit...

    Two leaders met in New York on the sidelines of the 78th session of United Nations General Assembly

    Netanyahu was due to travel to Turkiye in July, but postponed the trip as he had a pacemaker implanted

  • French President Emmanuel Macron's special envoy urged Lebanese factions to find a "third way" for electing a new president, warning...

    Lebanon has been without a president for almost a year after ex-head of state Michel Aoun's mandate expired.

    Lebanon's president is elected by parliament, where neither side has a majority, rather than by universal suffrage.

  • New Delhi, India - Army chiefs and senior officers from 30 countries including the United States met in India on Tuesday...

    US Army chief Randy George said the region was "critically important", speaking to reporters alongside his Indian counterpart Manoj Pande.

    Generals from Japan and Australia, which make up the "Quad" defense cooperation forum alongside Washington and New Delhi, also took part.

  • DUBAI, UAE - The Public Debt Management Office (PDMO) of the Government of Dubai's Department of Finance (DOF) announced a...

    The achievement has been realized within a year and a half since the establishment of the office in 2022.

    This includes a full redemption of Sukuk certificates worth $898 million, the repayment of bilateral and syndicated facilities totaling $1.4 billion.

  • RIYADH, SAUDI ARABIA – China on Tuesday granted Approved Destination Status (ADS) to the Gulf Kingdom. The bilateral agreement, signed...

    The bilateral pact allows Chinese citizens to travel to Saudi Arabia in group tours in addition to facilitating greater ease of access.

    ADS will drive greater connectivity between Saudi Arabia and China and unlock new opportunities across the tourism ecosystem.

  • QatarEnergy will supply naphtha to Marubeni for 10 years.

    This pact builds on the five-year Naphtha sales agreement signed in 2018 between QatarEnergy and Marubeni Corporation.

    Japan-based Marubeni Corporation is the largest petrochemical feedstock trading entity and aggregator in Asia.

  • Israel's Tourism Minister Haim Katz is the first Israeli minister to head an official delegation in Saudi Arabia, where he...

    Katz's visit comes after a Saudi envoy on a visit to the occupied West Bank pledged that the Palestinian cause will be "a cornerstone" of any normalization deal with Israel.

    The visit by a delegation headed by Nayef al-Sudairi was Saudi Arabia's first in three decades to the West Bank, which Israel has occupied since the 1967 Arab-Israel war.

  • PARIS, FRANCE - Soaring demand for the raw materials needed for the transition towards renewable energy is creating dilemmas for investors...

    Demand for lithium, an essential component of car batteries, could increase ninefold between 2022 and 2050, said the International Energy Agency.

    Lithium and other metals that the IEA calls “key to the clean energy transition” will be the topic of a summit hosted by the global energy watchdog in Paris.