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
  • Moscow, Russia -- Iran will be formally approved as a member of the regional Shanghai Cooperation Organization with China, Russia and...

    Iran has intensified its diplomacy with friends and foes alike in recent months, seeking to reduce its isolation, improve its economy and project strength.

    The SCO, which has its headquarters in China, is a diplomatic organization with eight members, including India and Pakistan.

  • Described as a "flagrant provocation to all Muslims," the incident has drawn outrage from the Council of Arab Interior Ministers,...

    The organizations emphasize the importance of respect for human rights and all religious beliefs.

    The UAE's Ministry of Foreign Affairs summons Swedish envoy to lodge protest and condemnation.

  • On Wednesday, Iran took Canada to the Hague-based International Court of Justice, the UN's top tribunal, accusing Ottawa of allowing...

    Iranian forces shot down Ukraine International Airlines flight PS752 shortly after takeoff from Tehran on January 8, 2020, killing all 176 people on board

    Canada, Britain, Sweden and Ukraine - which had a number of citizens on board - have been seeking reparations on behalf of victims' families

  • The Independent Institution on Missing Persons in the Syrian Arab Republic will "clarify the fate and whereabouts of all missing...

    Resolution calls for the UN chief, and other relevant parties to define the new organization's mandate in the next 80 days

    Thursday's vote came after UN secretary-general Antonio Gutterres called for the formation of such a body in a report in August

  • Taiwan's defense ministry on Friday welcomed the planned sale for "providing the need for enhancing our defense capacity as well...
  • The International Monetary Fund warned in a report that Lebanon's failure to implement reforms could have "irreversible" consequences for the...

    In April 2022, Lebanon and the IMF reached a conditional agreement on a $3-billion-dollar loan needed to save the economy.

    Lebanese officials have still yet to enact the substantial changes required to kickstart the 46-month financing program.

  • ABU DHABI, UAE  - Dr. Mohamed Al Kuwaiti, Head of Cyber Security for the Government, led a high-level UAE delegation...

    The UAE delegation met with the stakeholders in the Israeli cyber ecosystem including investors and top experts.

    The visit provided valuable insights into the latest global trends in cybersecurity and allowed the participants to explore potential collaborations.

  • Arkadag, Turkmenistan -- Turkmenistan on Thursday inaugurated Arkadag, a $ 5-billion "smart" city built in honor of former strongman leader Gurbanguly...

    The new city is named after Gurbanguly Berdymukhamedov, who ruled over the country between 2006 and 2022 and now carries the title Hero Arkadag (Protector).

    The former president, who turned 66 on Thursday, remains the real decision-maker in the country, observers say.

  • In early June, European Union countries reached agreement on a long-stalled revision of the bloc's asylum rules. It aims to...

    The discussion will come two weeks after a boat believed to have been carrying hundreds of migrants capsized off Greece in one of the worst such tragedies in years

    Amnesty International and other rights groups say the tragedy resulted from Brussels' "Fortress Europe" policy implemented over the past seven years

  • MANILA, PHILIPPINES - Asian Development Bank's financing partners committed US$11.4 billion to confinance projects in 2022 that boosted the resilience...

    The report reveals that ADB and its partners enabled the countries to face current and emerging shocks.

    ABD and its partners financed projects that helped developing members strengthen trade and small businesses.