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
  • AMMAN, JORDAN - The United Nations' World Food Program has announced it would reduce cash assistance to nearly 120,000 Syrian refugees...

    The WFP said that "further reductions in food assistance for refugees in Jordan have become unavoidable as funds run precariously low".

    As of next month, the Syrian refugees in the two camps will receive "a reduced cash allowance of $21 per month per person" down from the current $32.

  • The Britain-based Syrian Observatory for Human Rights said the strikes also targeted positions of the Syrian army's elite Fourth Division...

    Syrian state news agency SANA earlier reported two soldiers had been wounded in the overnight strikes

    The war monitor said the targets included warehouses used by Lebanon's Iran-backed Hezbollah militant group

  • The Comprehensive Economic Partnership Agreement (CEPA), signed in March, has further enhanced bilateral economic collaboration. The CEPA sets the stage...

    The UAE and Turkey have signed numerous strategic agreements and MoUs to boost bilateral cooperation across various sectors

    In 2022, non-oil trade between the UAE and Turkey reached nearly US$19 billion, reflecting a substantial increase from previous years

  • The Spanish islands have long been a draw for migrants seeking a better life in Europe, with many boats setting...

    Morocco in northwest Africa is a transit country for many migrants trying to get to Europe via Spain's mainland or its Canary Islands in the Atlantic

    Morocco's news agency citing a military source, said the kingdom's navy rescued 845 migrants, mostly from sub-Saharan Africa, between July 10 and Monday

  • Qatar’s emir Sheikh Tamim bin Hamad Al-Thani praised Turkey's efforts to improve the country's financial situation and reduce inflation rates...

    Erdogan and Sheikh Tamim also discussed important regional and international developments and witnessed the signing of a joint statement

    Erdogan recognized Qatar's inherent economic potential and its balanced growth rates, saying it was one of the most robust economies in the region

  • The sinking of the vessel, or an on-board explosion, would have unleashed a thin slick of oil across the Red...

    "Any oil ship needs regular maintenance... to keep the ship safe," said Ebrahim al-Moshki, head of Hodeida's maritime affairs authority

    The UN has said half a million people work in the area's fishing industry, and that 200,000 livelihoods "would be instantly wiped out"

  • China's President Xi Jinping has pledged stronger ties with Algeria, highlighting the importance of their comprehensive strategic partnership. Algeria, Africa's...

    President Xi Jinping emphasized the readiness of China to work with Algeria in strengthening strategic communications and deepening exchanges and cooperation

    Algerian President Tebboune is on a five-day official visit to China, his inaugural trip to China since being elected as the premier of Algeria

  • Riyadh, Saudi Arabia -- Saudi Arabia’s exports to Turkey during the past three years amounted to SAR 52.280 billion ($13.93 billion),...

    Saudi exports largely comprised plastics, metal products, organic chemical products, steel, precious metals and stones.

    A total of 1,140 companies Saudi companies have invested in several sectors in Turkey, with investments surpassing $18 billion.

  • Dubai, UAE -- Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum has issued a law (No. 16 of 2023) to...

    The law seeks to create an integrated and effective urban planning system that promotes investment, sustainable development, prosperity, and an improved quality of life.

    To oversee the implementation of this law, a 'Supreme Committee for Urban Planning' will be formed, comprising representatives from authorities responsible for urban planning.

  • Kishida and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani discussed "developments related to energy security and supplies," the Qatari leader said...

    The Doha visit comes as Japanese companies are negotiating new long-term LNG supply contracts with Qatar, according to Bloomberg.

    Japan's LNG importers have not signed a contract with Qatar since 2014, and that Qatari LNG deliveries to Tokyo dropped by more than 60 percent last year.