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
  • Ankara, Turkiye - Ukrainian President Volodymyr Zelenskiy is set to visit Turkiye on Friday to discuss the Black Sea grain...

    Turkiye and the UN brokered last year's deal, which allows for the export of grain and other agricultural products from Ukraine's Black Sea ports

    But Russia, angry about aspects of its implementation, has threatened not to allow it further renewal beyond July 17

  • Al-Jaber, head of the UAE national oil company ADNOC, told ministers from countries of the OPEC oil producers' grouping the...

    Jaber said the entire industry "should be aligned" to help the world meet the target of net-zero greenhouse gas emissions by 2050.

    This includes not only international oil companies but also national state-controlled ones, Jaber told an OPEC seminar in Vienna.

  • Petteri Taalas, secretary-general of the UN's World Meteorological Organization, warned on Monday that El Nino "will greatly increase the likelihood...

    "The month was the warmest June globally at just over 0.5 degrees Celsius above the 1991-2020 average, said EU monitor Copernicus.

    The tumbling records reflect the impact of global warming driven by greenhouse gases released from human activity.

  • BAGHDAD, IRAQ -   Iraq joined the Egmont Group of Financial Intelligence Units, the Supreme Judicial Council announced. "The efforts made...

    The membership, "concerns the exchange of information between the financial investigation units for combating money laundering and financing terrorism."

    Egmont Group provides support to member states by enhancing secure communication between financial investigation units

  • The Titan sub was reported missing on June 18 and the US Coast Guard said on June 22 that the...

    US-based OceanGate said on its website that it had "suspended all exploration and commercial operations" after the tragedy, in which company CEO Stockton Rush was among the dead.

    Also on board were British explorer Hamish Harding, French submarine expert Paul-Henri Nargeolet, and Pakistani-British tycoon Shahzada Dawood and his son Suleman.

  • France could very well walk into the embrace of far-right politics, if Macron doesn’t hew his governance closer to what...

    France could very well walk into the embrace of far-right politics, if Macron doesn’t hew his governance closer to what French people had bargained for

    Le Pen's party is already in line to take over from Macron in 2027. if the latter fails his promise in his second term also

  • Ankara,Turkey - Turkish Minister of Foreign Affairs Hakan Fidan discussed, in a phone call on Wednesday with US Secretary of...

    Earlier last month, NATO chief Jens Stoltenberg called on Ankara to drop its opposition to Sweden's bid to join NATO, saying Stockholm has addressed Turkey's security concerns

    As for Black Sea grain deal, Russia has restated a demand for its state agricultural bank to be reconnected to the global SWIFT payments system to avert the collapse of the deal

  • Israeli soldiers Oron Shaul and Hadar Goldin were killed during Israel's 2014 invasion of the Gaza Strip, and their remains...

    The Israeli authorities say both the missing citizens are mentally unstable, and both are presumed alive

    Various attempts to release them in exchange for Palestinian prisoners have failed in recent years

  • Mosul, Iraq -- Medical charity Doctors Without Borders announced Wednesday the suspension of "vital" medical activities in two hospitals in the...

    Doctors Without Borders blamed Iraq's bureaucracy of delaying the delivery of supplies to two health facilities.

    The group's activities are crucial for the major city in northern Iraq, where the healthcare sector is struggling to recover from years of war and neglect.

  • Secretary-General of OPEC Haitham Al Ghais, speaking at the 8th OPEC International Seminar in Vienna, reiterated the organization's keenness to...

    Ghaith said the concept of sustainability relates to how we fulfil the needs of current generations without compromising the needs of future generations.

    He asserted the importance of oil in the global energy mix and the industry's primary role in reducing carbon emissions.