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
  • The latest round of fighting erupted after Iran's IRGC attacked a Cyprus-flagged container ship it said was transiting via an...

    UAE's ministry of defence said the country's air defence was engaging Iranian drones and missiles.

    Qatar and Bahrain asked its citizens to remain calm and move to safer places.

  • Foreign minister Abbas Araghchi says compliance with the US-Iran memorandum of understanding must be mutual. Tehran denies seeking new talks...

    US reportedly gives Tehran a deadline to stop attacks on shipping in the Strait of Hormuz.

    Trump says '1,000 missiles are locked and loaded and aimed at Iran' with 'thousands more ready to follow'.

  • Khamenei's flag-draped coffin was carried into the Imam Reza shrine in his hometown of Mashhad, where state television said he...

    Japan says 22 linked vessels exited the Gulf since Tuesday as LNG tankers increasingly resumed Strait of Hormuz transits.

    Diesel export curbs in Russia and limited refining capacity continue supporting fuel prices despite easing crude market volatility.

  • Attacks hit southern Iran as funeral rites for the slain supreme leader continued in Iraq, prompting Tehran to accuse Washington...

    US military said strikes hit more than 80 targets after accusing Iran of attacking three commercial vessels in the Strait of Hormuz.

    Iran vowed a crushing response, saying the attacks violated the memorandum and warning only its designated Hormuz shipping route remained safe.

  • The latest incident follows weeks of escalating tensions over a US-backed maritime corridor through Omani territorial waters, a route Iran...

    In Lebanon, President Joseph Aoun said he expects to visit the White House before the end of July for talks with US President Donald Trump.

    Separate reports said more than 600,000 Lebanese remain unable to return to their homes because of continuing Israeli military operations.

  • Organizers said the procession is expected to last between 10 and 12 hours along a roughly 10-kilometre route passing through...

    The procession had begun from Tehran's Grand Mosalla mosque, where Khamenei's body had lain in state for two days.

    Ayatollah Ali Khamenei was killed on February 28 in US-Israeli air strikes that launched the conflict between Iran and Israel.

  • The producer group approved another increase of 188,000 barrels per day for August, signaling confidence that Gulf oil output can...

    Gulf output remains well below pre-war levels despite improving shipping through Hormuz.

    Analysts say restarting shut-in production will take time, while 2027 quota talks could test OPEC+ unity.

  • The prayers were attended by President Masoud Pezeshkian, senior military commanders and members of Khamenei's family, although his successor, Mojtaba...

    The funeral programme will continue with a mass procession through Tehran on Monday before ceremonies in other cities.

    Tehran’s metro network has registered more than 7 million passenger trips from 5:30pm (14:00 GMT) on Saturday to 7am (03:30 GMT) on Sunday.

  • The funeral of Iran's assassinated supreme leader has drawn mourners and foreign delegations from more than 100 countries, with Tehran...

    Red flags symbolising demands for revenge were prominently displayed during the funeral ceremony.

    More than 5,000 schools have been opened to accommodate pilgrims travelling to Tehran for the funeral.

  • Dubai, UAE -- Adani Enterprises and Abu Dhabi-based International Resources Holding (IRH), an IHC Group company, have agreed to establish...

    The integrated complex will include an alumina refinery, aluminium smelter, captive power plant and downstream manufacturing park.

    The investment is expected to create 53,500 jobs and become India's largest foreign investment in the metallurgy sector.