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
  • Geneva, Switzerland - The de-globalization of international trade is far from being a reality, but "the first signs of fragmentation" are...

    After this phase of slowing globalization, the question is "whether we are moving towards a phase of deglobalization", said WTO official Ralph Ossa.

    "We're quite far away from deglobalizing, but at the same time, you start seeing... the first cracks in the system," the WTO official said.

  • STOCKHOLM, SWEDEN - Baghdad has asked Sweden to extradite Iraqi refugee Salwan Momika, who stoked international outrage by desecrating the Quran,...

    The Swedish government has condemned the desecrations of the Quran but upheld the country's laws regarding freedom of speech and assembly.

    The accused in the Quran burning incident said that Iraq was seeking his extradition to try him according to Islamic law.

  • Despite Israel's strong determination and increasing US mediation efforts, the establishment of diplomatic relations between Tel Aviv-Riyadh still face serious...

    The Chinese-mediated restoration of diplomatic ties between Saudi Arabia and Iran served as a catalyst for US efforts to advance Tel Aviv-Riyadh ties.

    For Israel, the normalization of relations with Arab countries has remained an important strategic goal for years.

  • Around 100 million more people are able to access the internet since last year's census by the International Telecommunication Union...

    That means 67 percent of the world's population, or 5.4 billion people, are now online. However, the other 2.6 billion people are still without access.

    With the developed world already online, the biggest growth areas for connectivity are in low-income countries.

  • Geneva, Switzerland - The World Food Program said Tuesday that shrinking funding was forcing it to drastically slash rations in many...

    WFP said it had been struggling to meet growing global needs for food assistance while facing a funding shortfall of over 60 percent this year.

    WFP estimates that 345 million people worldwide are facing acute food insecurity, at level three or higher on the UN's five-scale food insecurity classification.

  • The industry is responsible for 37 percent of global carbon dioxide emissions and growing urbanization is spurring the construction of...

    Mushrooming urban environments -- which add new buildings in an area equivalent in size to Paris every five days -- damage life-sustaining ecosystems.

    Building less and repurposing existing structures generates 50-75 percent fewer emissions than new constructions, a report said.

  • GENEVA, SWITZERLAND - The Red Cross appealed on Tuesday for more than $100 million to provide desperately needed assistance in Morocco,...

    The Red Cross said the funds were needed for "health, water, sanitation and hygiene, shelter relief items and basic needs".

    Search and rescue teams from Morocco and abroad continued to dig through the rubble of homes, hoping for signs of life.

  • Oslo Accords were meant to lead to a free Palestine, but years of stalled negotiations and violence have left any...

    Unemployment is rife with about 70 percent of young people without a job in Gaza, where residents regularly suffer power cuts and inadequate access to clean water

    Daily struggles in the impoverished territory have been exacerbated by a crippling Israeli-led blockade since Hamas Islamists took control in 2007, two years after Israel withdrew

  • Jerusalem, Undefined - Israel's Supreme Court convened Tuesday to hear petitions to strike down a key plank of the hard-right government's...

    A full 15-judge panel of the top court began hearing pleas against the amendment of the so-called "reasonableness clause"

    The amendment limits the powers of the top court to review and sometimes overturn government decisions

  • A Russian news agency said that Kim's had crossed the border into the Primorsky region, with images showing a train...

    The two leaders will meet on the sidelines of the Eastern Economic Forum in Vladivostok

    US has warned that Pyongyang would "pay a price" if it supplies Moscow with weaponry