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
  • The focus of the discussion between the two was war refugees and a crackdown on cross-border smuggling, according to Jordan's...

    According to Jordan's foreign ministry, Assad and Safadi also discussed "humanitarian, security and political" steps towards a "comprehensive solution" to Syria's crisis

    The ministry also said that Safadi brought up in his discussion with Assad the need for heightened cooperation between the two countries in order to curb drug smuggling

  • Clothing stores, restaurants, tourism establishments and hotels are experiencing a sixty percent drop in business due to intensified violence, an...

    “The biggest impact is on internal trade,” says Rabeh Morrar, research director of MAS, the Palestine Economic Policy Research Institute in Ramallah

    The surge of settler attacks increases the challenges of an already weak and vulnerable economy that is already hit by Israeli strictures on movement

  • RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) and the Indian Chamber of Food and Agriculture (ICFA)...

    This alliance seeks to create opportunities for knowledge exchange, trade promotion, investment, and research and development collaboration.

    The agreement is set to facilitate promotional activities for trade, market access, and business matchmaking opportunities between UAE and India.

  • KUWAIT CITY, KUWAIT -  Kuwait reinvited Iran on Monday to talks on their sea borders after Tehran said it was ready...

    Iran and Kuwait have held unsuccessful talks for many years over their disputed maritime border area, which is rich in natural gas.

    Saudi Arabia is also a part of the dispute since it shares with Kuwait maritime gas and oil resources in the area.

  • On current policy trends, the planet will be 2.8C warmer by the end of the century, according to the UN's...

    UN human rights chief Volker Turk told a debate on the right to food that extreme weather events were wiping out crops, herds and ecosystems.

    "Our environment is burning. It's melting. It's flooding. It's depleting. It's drying. It's dying," he said, evoking a "dystopian future".

  • PIF ranked seventh with a score of 92 (on the GSR score of 100), followed by Mubadala (88), among the...

    Global SWF said it observed a very significant increase in the overall score across funds from 59 percent in 2022 to 63 percent this year.

    PIF, Abu Dhabi’s Mubadala and ADQ, Qatar’s QIA, and Bahrain’s Mumtalakat have embraced the rating tool and taken the opportunity to improve practices.

  • The kingdom had already condemned Wednesday's incident in which an Iraqi citizen living in Sweden stomped on the Muslim holy...

    Momika's Quran burning triggered widespread anger among masses and strong reactions from Arab countries

    The Organization of Islamic Cooperation has called for collective measures to avoid such incidents in future

  • PwC Australia has been mired in controversy since January this year, when it emerged that staff had leaked information from...

    Accounting giant PwC named eight partners who had "enabled poor behaviours to persist with no accountability" -- including former Australian chief executive Tom Seymour

    Australian police have been investigating the leak since late May, while the parliament's powerful finance committee is gearing up to grill executives at a series of public hearing

  • In Beijing, Yellen will discuss how the United States views its economic relationship with China, a senior Treasury official said...

    Yellen is expected to discuss with her counterparts the importance for both countries to responsibly manage our relationship, communicate directly about areas of concern

    Yellen's planned July 6-9 trip comes just weeks after Secretary of State Antony Blinken met China's top leader President Xi Jinping and Foreign Minister Qin Gang in Beijing

  • London, United Kingdom--Over 100 British lawmakers on Monday expressed concern at the lack of progress in the case of a jailed...

    Alaa Abdel Fattah, the rights campaigner, is serving a five-year prison sentence for "spreading false news" by sharing a Facebook post about police brutality

    The lawmakers call for fresh "approaches" as in their opinion private lobbying of the Egyptian government even at the higest levels is yet to deliver results