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
  • Paris, France - Italy and Turkey have asked to jointly host the 2032 European Championship, UEFA announced on Friday. European football's...

    Turkey, who lost out to Germany for Euro 2024, entered the process for both editions, while Italy decided to bid only for 2032.

    In 2021, UEFA initiated a bidding process for the hosting of two editions of its European Championship, in 2028 and 2032.

  • New customers and projects were added in H1 2023.

    In the first half of the year, Tabreed's revenue increased by 9.4 percent YoY to US$290 million, from US$265 million in H1 2022.

    Earlier this month, Tabreed started operating the cooling infrastructure, officially commencing its first operations in India.

  • Most delegations were led by their environment and climate change ministers, while the US delegation was headed by Special Presidential Envoy...

    Any agreements reached at the one-day conference in Chennai will be signed by the leaders of G20 nations during a summit in New Delhi this September

    The meeting comes only days after the group's energy ministers were criticised for failing to agree on a roadmap to cut fossil fuels from the global energy mix

  • During the meeting on Thursday with the Danish charge d'affaires, foreign ministry officials delivered a protest note urging an end...

    The far-right group Danske Patrioter on Monday posted a video in which a man is seen desecrating and burning what appeared to be the Muslim holy book.

    Saudi Arabia has also denounced protests by a Sweden-based Iraqi refugee who last month burned pages of the Quran outside Stockholm's main mosque.

  • As part of this potential deal, Saudi Arabia would normalize relations with Israel, contingent on Israel making concessions to the...

    As part of this potential deal, Saudi Arabia would normalize relations with Israel, contingent on Israel making concessions to the Palestinians

    Biden has dispatched his national security adviser, Jake Sullivan, and Middle East policy official, Brett McGurk, to Saudi Arabia to engage in exploratory talks

  • Moscow, Russia - Trade turnover between Russia and Africa reached $18 billion in 2022, which is one of the results...

    Last year Russia’s trade with African countries in agricultural products increased by 10 percent to $6.7 billion

    Russia exported 11.5mt of grain to Africa in 2022, and almost 10mt in the first six months of 2023

  • The bill must also be approved by the senate before being ratified by King Abdullah II and published in the...

    The bill was approved by the house of representatives, with some of the proposed penalties reduced from an initial draft version.

    It came after 14 non-governmental organizations on Monday issued a statement describing the new bill as "draconian" .

  • Abu Dhabi, UAE -- Sheikh Saeed bin Zayed Al Nahyan, brother of UAE President Sheikh Mohamed bin Zayed Al Nahyan...

    Born in 1965 in Al Ain, Sheikh Saeed was appointed as the Representative of the Ruler of Abu Dhabi in June 2010.

    He was appointed as the Undersecretary of the Department of Planning in Abu Dhabi. He was also a representative of Sheikh Zayed bin Sultan Al Nahyan.

  • The air force jet was on a training exercise when it crashed on Wednesday in the south of the country,...

    The site of the crash borders Yemen, where Saudi Arabia has led a military coalition against Houthi rebels

    The jet is part of Saudi's fleet of F-15SAs, seen as a cornerstone of the ties between the kingdom and the US

  • Trade between GCC and ASEAN doubles, marking a new economic collaboration era as Saudi Arabia, Qatar, Oman, and UAE enhance...

    Trade between GCC and ASEAN doubles, marking a new economic collaboration era as Saudi Arabia, Qatar, Oman, and UAE enhance ties by signing Treaty of Amity and Cooperation

    The UAE dominates Gulf investments in ASEAN with 74% share from 2016 to 2021 as recent free trade agreements with Indonesia and Singapore indicate expanding GCC-ASEAN ties