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
  • Demonstrators holding Israeli flags and chanting "democracy, democracy" also entered the stock exchange building in Tel Aviv and staged a...

    Weekly rallies across Israel have drawn tens of thousands of protesters aiming to prevent what they believe could open the way to more authoritarian government

    Crowds gathered in the coastal city of Tel Aviv, Israel's commercial hub, early on Tuesday after organisers had called for a "national day of resistance" ahead of a planned vote

  • Haluk Bayraktar, CEO of the drone manufacturer which is co-run by one of Erdogan's sons-in-laws, in a tweet called the deal...

    Erdogan, who in May elections won another five-year term, was in Saudi Arabia to kick off a Gulf tour seeking to drum up support for Turkey's faltering economy.

    After attending a Saudi-Turkish business forum in Jeddah on Monday, Erdogan and Prince Mohammed discussed "prospects for joint cooperation" in their meeting.

  • Putin has been threatening to pull out of the arrangement, arguing that elements of the deal allowing the export of...

    The agreement, which has enabled the export in cargo of more than 32 million tonnes of Ukrainian grain over the last year, is due to expire at 2100 GMT on Monday

    In his evening address, Volodymyr Zelensky said: "Ukraine, the UN and Turkey can jointly ensure the operation of the food corridor and the inspection of ships

  • Turkish President Recep Tayyip Erdogan has embarked on a three-state Gulf tour, beginning with Saudi Arabia, as he seeks to...

    Nine MoUs -- covering energy, real estate, education, and more -- were signed at the Saudi-Turkish business forum

    Turkish government aims to increase its trade volume with Gulf countries, which currently stands at $22 billion

  • Dubai, UAE - The United States has announced plans to bolster its military presence in the Middle East in response...

    The primary goal of this deployment is to enhance monitoring capabilities in the vital waterways, especially the Strait of Hormuz

    The chokepoint, situated between Iran and Oman, has been a focal point of tensions between the US and Iran

  • Dubai, UAE--Morocco said that Israel has recognized its sovereignty over the disputed territory of Western Sahara and is mulling opening...

    According to a statement from Morocco's Royal Palace, Israeli Prime Minister Benjamin Netanyahu stated the Jewish country's position in a letter to the king

    The statement from the palace further noted that as part of this recognition Israel mulls "the opening of a consulate in the city of Dakhla"

  • As the UAE prepares to host COP28, Japan aims to offer its green and renewable energy technologies to support the...

    Japan aims to offer green and renewable energy technologies to assist Gulf states' decarbonisation efforts

    The UAE-Japan Business Forum witnesses signing of 23 cooperation agreements and MoUs in various sectors

  • Aboard Nautica , Yemen - The United Nations on Monday handed over a vessel that will take on board oil from...

    The handover ceremony took place aboard the Nautica, which is being renamed the Yemen, in the presence of the country's Houthi authorities.

    In the coming days, an operation is expected to begin pumping 1.14 million barrels of crude oil to the Nautica from the FSO Safer.

  • The move by Moscow will "strike a blow to people in need everywhere", Guterres said. "Hundreds of millions of people...

    Earlier, the Kremlin said that as "soon as the Russian part (of the agreements) are fulfilled, the Russian side will immediately return to the grain deal".

    Ukraine President Volodymyr Zelensky said his country was prepared to keep exporting grain via the Black Sea despite Russia's exit from the deal.

  • RIYADH, SAUDI ARABIA – Saudi Arabia and Japan issued a joint statement on Lighthouse Initiative for Clean Energy Cooperation. The...

    Recognizing net-zero and clean energy ambitions, both sides decided to establish the KSA-Japan Lighthouse Initiative for Clean Energy Cooperation.

    The initiative will serve as a beacon for other countries and regions as they develop their strategies and roadmaps toward their net zero ambitions.