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
  • Following more than 15 years of discussions, UN member states finally agreed on the text for the treaty in March...

    The landmark treaty will establish a legal framework to extend swathes of environmental protections to international waters, which make up more than 60% of the oceans.

    The treaty is seen as crucial to countries protecting 30 percent of the world's oceans and lands by 2030, as agreed by world governments.

  • The report by the World Meteorological Organization and the European Union's Copernicus Climate Change Service said the continent was some...

    The continent, which has been warming at twice the global average since the 1980s, saw its warmest summer on record last year.

    Severe heat left more than 16,000 people dead last year, the report said, while floods and storms accounted for most of the $2 billion in damages from weather and climate extremes.

  • UN Middle East envoy Tor Wennesland issued a warning on Monday against changes made by the Israeli government that will...

    Israeli official describes the changes as a reduction of unnecessary administrative procedures

    Defending the changes, Israeli government asserts that Israel is their country, "in its entirety"

  • "Two martyrs and 28 injured as a result of the ongoing (Israeli) aggression on Jenin," a statement from the Palestinian...

    Jenin's deputy governor, Kamal Abu al-Rub, told AFP the Israeli forces had launched the raid at around 04:00 am (0100 GMT)

    The Israeli army did not immediately provide any information on the raid in the northern West Bank city when contacted by media

  • According to Qatar's foreign ministry, Doha will reopen embassy in Abu Dhabi and its consulate in Dubai immediately. The UAE...

    Qatar foreign ministry said that the restoration of ties represents the will of both countries' leadership to strengthen join Arab collaboration

    Nearly six years back, Saudi Arabia, the UAE, Bahrain, and Egypt cut off ties with Qatar over accusations that it supported terrorism, a charge Doha denied

  • Blinken opened the day by meeting China's top diplomat, Wang Yi, whose position in the Communist Party ranks above the...

    Blinken's visit is the highest-level trip by a US official to China in nearly five years with ties severely strained between the world's two largest economies

    Xi, China’s most powerful leader in decades, met Blinken at the capital’s Great Hall of the People just after 4:30 pm (0830 GMT)

  • France says the two-day summit, which begins on Thursday and will bring together some 50 heads of state and government,...

    Emmanuel Macron has said the Summit for a New Global Financial Pact is aimed at building a "new consensus" to meet the interlinked global targets

    Ideas on the table range from taxation on shipping, fossil fuels or financial transactions, to innovations in lending and a structural rethink of IMF and World Bank

  • "Efforts are underway to reopen diplomatic and consular missions between Saudi Arabia and Iran, including the reopening of Iran's embassy...

    Efforts are being made to reopen diplomatic missions, including embassies and consulates, between Saudi Arabia and Iran

    Resumption of normal relations is set to foster joint cooperation and positively impact both countries, says Saudi minister

  • Kuwait - Kuwait on Sunday formed a new government led by the Prime Minister, Sheikh Ahmad Nawaf Al-Ahmad Al-Jaber Al-Sabah....

    Saad Al Barrak was named as oil minister, replacing Bader Al-Mulla and Manaf Abdulaziz Al Hajri was reappointed as Finance Minister.

    The outgoing government had resigned following parliamentary elections held earlier this month in the Gulf OPEC oil producer

  • JERUSALEM- Israeli Prime Minister Benjamin Netanyahu vowed on Sunday to advance the government's controversial judicial reforms, which have seen his...

    The reform package unveiled in January has been waylaid in recent months by demonstrators who have gathered weekly in their tens of thousands.

    Speaking Sunday, Netanyahu pledged to press forward with the judicial reforms "in a measured and responsible way" without giving further details.