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
  • Last week, both sides agreed on the legal steps to hold the elections following talks in Morocco, but stopped short...

    Libya has been torn by more than a decade of stop-start conflict since a NATO-backed revolt toppled strongman Moamer Kadhafi in 2011

    The country remains split between a nominally interim government in Tripoli in the west, and another in the east backed by Haftar

  • Saudi Arabia has maintained a cautious stance throughout the invasion of Ukraine by Russia, stopping short of condemning the assault...

    The visit of the 37-year-old Crown PrInce, comes less than a year after his last visit to the Elysee Palace and underlines the warm relationship between Paris and Riyadh

    Crown prince is due to attend a Paris summit on a New Global Financing Pact hosted by Macron on June 22-23 and an official Saudi reception for Riyadh's candidacy for Expo 2030

  • Putin thanked Al-Nahyan for the role the UAE has played in prisoner exchanges between Russia and Ukraine and Russia and...

    "The Emirates are a very good partner," Putin said in televised comments at the start of the meeting, which took place on the sidelines of an economic summit in Saint Petersburg.

    Putin thanked Al-Nahyan for the role the UAE has played in prisoner exchanges between Russia and Ukraine and Russia and the United States.

  • Sheikh Tamim bin Hamad Al-Thani was welcomed by Prime Minister Mohamed Shia al-Sudani at the airport, images broadcast on Iraqi...

    The two sides signed agreements on oil and gas supply to Iraq, the establishment of a joint oil company and the construction of a refinery

    Iraq's National Investment Authority also signed agreements with the Qatari firms working in the property and construction sectors

  • Since April 15, the regular army headed by Abdel Fattah al-Burhan has been locked in fighting with paramilitary Rapid Support...

    In long-troubled West Darfur state, the violence killed Governor Khamis Abdullah Abakar, hours after he made remarks critical of the paramilitaries in a telephone interview

    Miller said up to 1,100 civilians have been killed in West Darfur's capital, El Geneina, alone, while the @UN is reporting more than 273,000 have been displaced from the region

  • Gates -- one of the world's richest men -- is the latest in a string of Western business leaders to...

    The visit is Gates' first to China in four years, and included a rare sit-down between the Chinese head of state and a foreign business leader

    A state media readout also quoted Gates as praising China's efforts in "tackling the Covid-19 pandemic, setting a good example for the world"

  • The Bank of Japan (BoJ) has gone against the grain set by the Fed and ECB, announcing on Friday that...

    On Wednesday, the Fed paused interest rate hikes after 10 straight increases, bringing its benchmark lending rate from close to zero to a range between 5.0 and 5.25 percent

    On Thursday, the People's Bank of China cut a key lending facility by 10 basis points to 2.65 percent, and extended 237 billion yuan ($33 billion) of fresh funding to lender

  • The treaty, officially known as the treaty on "Biodiversity Beyond National Jurisdiction" or BBNJ, also introduces requirements to carry out...

    The landmark high seas treaty would establish a legal framework to extend swathes of environmental protections to international waters

    Following four years of official negotiations, UN member states finally agreed on the text for the treaty in March after a flurry of final, marathon talks

  • COLOMBO, SRI LANKA - Crisis-hit Sri Lanka's economy shrank by 11.5 percent in the first quarter just before an IMF bailout...

    The contraction in the first three months compared with shrinkage of 0.5 percent in the corresponding period of 2022.

    A currency crisis from late 2021 led to severe shortages of food, fuel and medicines and triggered months of protests.

  • Last year's donors' conference in Brussels for displaced Syrians raised pledges of $6.7 billion, and the one before that $6.4...

    Since 2011, more than 500,000 people have been killed in Syria after Bashar al-Assad's crackdown on peaceful protesters pushed country into civil war.

    The UN says more than 12 million Syrians were displaced by the conflict, most of them inside Syria, and with 5.4 million living as refugees in neighboring countries.