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
  • In March, International Atomic Energy Agency (IAEA) chief Rafael Grossi visited Tehran after his agency's inspectors in the country found...

    In 2018, US had pulled back from a 2015 nuclear deal that gave relief to Iran from sanctions in return for curbs on its nuclear program.

    An agreement "is possible both in term of the technical and political aspects", Iran's foreign ministry spokesman Nasser Kanani said.

  • ABU DHABI,  UAE - Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been appointed as a primary...

    This new program has been launched by the federal government of the UAE, through the Ministry of Finance (MOF).

    The program aims to issue Sukuk through Shariah-compliant structures as approved by the Higher Shari’ah Authority.

  • BEIRUT, LEBANON -  An air strike killed a major drug smuggler and his family in southern Syria on Monday, a war...

    Jordan's army had said last year that drug trafficking from Syria into Jordan had become "organized".

    Jordan has previously launched strikes targeting drug smugglers in Syria, some dating back to 2014.

  • The summit in the city of Xi'an is the first of its kind, according to Chinese state media, and will...

    Leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan are expected to attend the China-Central Asia Summit from May 18 to 19, said China's foreign ministry

    The summit in the city of Xi'an is the first of its kind, according to Chinese state media, and will focus on strengthening economic and diplomatic ties with Beijing

  • The participants are reported to have discussed the broad contours of the massive joint project to build railway, maritime and...

    The participants discussed the broad contours of the massive joint project to build railway, maritime and road connectivity in the larger region

    They also deliberated ways to strengthen relations and ties between their countries in order to enhance growth and stability in the region 

  • Russian troops have battled since last summer to capture Bakhmut, the political importance of which has come to surpass any...

    Rivalries between Yevgeny Prigozhin and the conventional army had boiled over during the battle for the now-devastated flashpoint, where Wagner is leading the assault

    Wagner's chief has threatened to pull out of Bakhmut on May 10, blaming Defence Minister for tens of thousands of Russian casualties in a series of blistering videos

  • AMMAN, JORDAN -  The ninth session of the Joint Jordanian-American Committee, which was held in the United States, discussed cooperation...

    The Jordanian delegation urged US investors to enhance investment in the Kingdom.

    The delegation thanked US for its continuous support to Jordan in several sectors.

  • BAGHDAD, IRAQ -  Iraq Prime Minister Muhammad Shia'a Al-Sudani said that the country is continuing regional economic communication. A statement...

    Iraq Prime Minister said that the country is continuing regional economic communication.

    Iraq supports stability and economic growth for itself and other friendly nations

  • Japan's Prime Minister Fumio Kishida said his "heart aches" for Koreans who suffered under colonialism, as Seoul and Tokyo seek...

    Tokyo and Seoul have long been at odds over historic issues linked to Japan's brutal 1910 to 1945 colonial occupation of the Korean peninsula.

    Bilateral ties were torpedoed in 2018, when South Korea's Supreme Court ordered Japanese firms to compensate the wartime victims of forced labor.

  • An Iraqi court sentenced to death a former policeman convicted of killing prominent academic Hisham al-Hashemi, whose murder in 2020...

    Prominent academic Hisham al-Hashemi, was shot dead outside his Baghdad home in July 2020 by gunmen on motorcycles.

    Hashemi was a highly qualified academic and his murder in 2020 had attracted condemnation from the West and the United Nations.