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
  • Saudi Arabia announced that it would jointly lead a conference on the humanitarian response to the war in Sudan next...

    Saudi Arabia and the United States have been mediating in the eight-week conflict.

    The kingdom played a leading role in evacuating thousands of foreigners from Sudan early in the war.

  • A landmark deal in 2015, formally known as the Joint Comprehensive Plan of Action (JCPOA), gave Iran sanctions relief in...

    Germany's foreign ministry said the meeting took place on Monday and that discussions broached topics concerning Iran's nuclear program.

    Iran's nuclear program has long been the subject of scrutiny from Western powers, resulting in sanctions that have hit the country's economy.

  • Israeli forces killed a Palestinian in a West Bank raid while four Israelis were injured in a separate shooting incident,...

    Israel's Magen David Adom emergency service said it had treated five Israelis wounded by gunfire close to the northern West Bank city of Jenin.

    Since the start of the year, at least 158 Palestinians, 21 Israelis, a Ukrainian and an Italian have been killed in Israel-Palestine violence.

  • Arab nations have implemented several reforms to improve the ease of doing business. TRENDS take a look to determine the...

    Arab nations have implemented several reforms to improve the ease of doing business. TRENDS takes an in-depth look to determine the most business-friendly country in the region

    Business reforms have led to a significant increase in foreign direct investments, contributing to the growth of both the public and private sectors in the Arab countries

  • War-torn Libya is regularly criticised for its handling of migrants, with rights groups alleging horrific treatment by smuggling gangs and...

    Libyan authorities have arrested thousands of men, women and children from the streets and their homes or following raids on alleged traffickers' camps

    Libyan authorities must grant United Nations agencies and aid organizations "unimpeded access to detainees in need of urgent protection", UNSMIL added

  • That crucial accord granting safe passage for Ukrainian grain to be exported via Black Sea ports despite Moscow's invasion was...

    Grain deal helped alleviate food shortages triggered by the Russian invasion of Ukraine, a major grain exporter, and its blockade of Ukrainian ports

    The resumption of Russia's ammonia exports through the pipeline is one of Moscow's conditions to continue with the grain export deal

  • Riyadh, Saudi Arabia -- The 10th edition of the Arab-China Business Conference successfully concluded on Monday with the announcement of...

    The first day of the conference featured the signing of US$10 billion worth of investment agreements, spanning more than 30 deals across an array of sectors

    The conference featured 9 panels, 18 workshops, and several private meetings and hosted 150 speakers to explore, discuss Arab-Chinese economic cooperation

  • The EU offered a 900-billion-euro aid package -- contingent on Tunisia reaching an IMF deal. But Tunisian President Kais Saied...

    It's clear that Tunisia needs additional assistance if it is going to avoid falling off the proverbial economic cliff, US Secretary of State said during a press conference

    Italian foreign minister voiced support for IMF package and said that Prime Minister Giorgia Meloni's government wanted to offer money as "the first step" toward reforms

  • Beijing has sought to boost its ties to the Middle East, challenging long-standing US influence there -- efforts that have...

    Official Palestinian news agency reported that Abbas will meet with President Xi Jinping and Premier Li Qiang during the trip

    The two are expected to "exchange opinions... on the latest developments on the Palestinian arena," Wafa reported

  • The decision comes after the Supreme Court in May cleared his repatriation to Turkey, where he is expected to serve...

    The Swedish government has decided to "grant an extradition from Sweden regarding a 35-year-old Turkish citizen," an official said.

    Turkey has accused Sweden of being a haven for "terrorists," especially members of the the outlawed Kurdistan Workers' Party.