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
  • Iran's parliament voted in an impeachment session to remove the industry minister amid soaring prices as the Islamic republic's economy...

    The vote came with the economy battered by Western sanctions, rampant inflation and depreciation of the rial against the dollar.

    Defending the minister ahead of the vote, President Ebrahim Raisi had urged "stability in the management of this ministry".

  • KHARTOUM, SUDAN -  A first Red Cross plane laden with humanitarian aid on Sunday landed in Sudan, where deadly clashes between...

    The shipment took off from the Jordanian capital Amman and arrived in the eastern city of Port Sudan.

    Only 16 percent of hospitals are functioning in the capital Khartoum, according to the World Health Organization.

  • Washington, United States--The US called on China Saturday to stop its "provocative and unsafe conduct" in the disputed South China Sea,...

    US has warned China to refrain from taking aggressive actions, saying that any attack on Philippine armed forces would trigger a US response

    China blamed the Philippine boats for intruding without its permission and termed it a "premeditated and provocative action"

  • The 69-year-old leader looked fighting fit as he strutted back on stage after a three-day illness and tossed flowers to...

    Polls show Erdogan running neck-and-neck against secular opposition leader Kemal Kilicdaroglu and his alliance of six disparate parties

    The president is venerated across more conservative swathes of Turkey for unshackling religious restrictions and bringing jobs to millions of people

  • Amman, Jordan--Expressing his deep appreciation of the United States for its support to Jordan, King Abdullah has called for strengthening...

    Both the sides pledged to deepen the historic friendship and strategic partnership between Jordan and the US, and to widen ties in various fields

    The king maintained that a restart in negotiations between the Palestinians and the Israelis was critical in order to reach just and comprehensive peace in the region

  • JEDDAH, SAUDI ARABIA - The first Iranian evacuees to escape the Sudan conflict through Saudi Arabia arrived on Saturday in Jeddah,...

    Saudi Arabia has so far organized evacuations of about 5,000 people from 96 countries, according to the foreign ministry.

    More than 510 people have been killed since fighting erupted on April 15 between the Sudan's army and its paramilitary forces.

  • Iran's President Ebrahim Raisi slammed the United States' presence in the Middle East, as he hosted his counterpart from neighboring...

    The US has 2,500 non-combat troops in Iraq to provide it with advice and training.

    About 900 US troops remain in Syria, most in the Kurdish-administered northeast.

  • AMMAN, JORDAN - Value of Jordanian exports to European Union countries increased during January-February period of 2023, by 108.5 percent...

    Jordan's imports from the EU nations in January, February 2023 rose to reach US$671 million.

    Trade exchange between Jordan and EU countries in January, February 2023 amounted to about US$758 million.

  • Three civilians were wounded in Israeli air strikes near the Syrian city of Homs, state media reported, with a war...

    Israel has repeatedly said it will not allow its arch-foe Iran to extend its footprint in Syria.

    "The Israeli enemy carried out an air attack with missiles, from the direction of north Lebanon," state media reported.

  • Tehran, Iran - Iran's Foreign Minister, Hossein Amir-Abdollahian, has offered to solve Lebanon's electricity shortage issue through bilateral cooperation despite...

    Iran had previously supplied fuel to Lebanon via Syria last year, in response to a request from Hezbollah

    Lebanon has been facing severe electricity crisis, with frequent power outages affecting households and businesses