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
  • Several EU countries, including France, Poland and Spain, want a price cap lower than the one proposed by the European...

    The continent has entered a bitingly cold winter with fewer energy options because Russia has reduced gas supplies in retaliation for EU sanctions.

    Gas prices are high, albeit lower than during the middle of the year, spurring worries that European homes and businesses could face blackouts.

  • The bank's Fitch A ratings bonds were listed on Nasdaq Dubai.

    The new listing highlights Nasdaq Dubai's significant role in strengthening links between the capital markets in Dubai and China.

    Bank of China's Dubai branch has issued the 2025-maturing bonds at a yield of 4.84 percent.

  • ABU DHABI, UAE - Members of the Consultative Council of UAE's Financial Restructuring Committee (FRC) has met with experts from...

    The meeting was held virtually and sought to discuss the latest updates on amendments to the bankruptcy law.

    The meeting discussed the proposed amendments to the bankruptcy law in terms of public policy.

  • ASWAN, EGYPT - The governments of the UAE and Egypt inaugurated the Egypt Services Center in the Aswan Governorate, which...

    The inauguration is part of the strategic partnership between the two countries in government modernization.

    The center will adopt a smart system to provide over 30 individual government services.

  • One day before President Joe Biden hosts 50 African heads of state as Washington vies for influence in the continent,...

    Jake Sullivan said the details on $55 billion support to Africa would be revealed during the coming three days of bilateral and multilateral talks

    Biden also intends to name veteran US diplomat Johnnie Carson to work full time with African nations to implement the goals that emerge from the summit

  • Earlier on Monday, Jordanian-Saudi ministerial meetings were held to discuss bilateral cooperation in various fields.

    Earlier on Monday, Jordanian-Saudi ministerial meetings were held to discuss bilateral cooperation in various fields

    The two sides also reaffirmed their joint keenness to leverage available and joint opportunities in various fields

  • A record of nearly 70 tons of the drug was intercepted in 2021, up 74 percent from a year before,...

    The cocaine is usually hidden in containers, or sometimes underneath ships in openings below the water line where they are then recovered by divers.

    Rotterdam mayor Ahmed Aboutaleb has deplored the fact that the port city is "drowning in cocaine", and condemns the violence that accompanies the drug trade.

  • Beijing, China—China has filed a dispute with the World Trade Organization over US restrictions on chip exports, Beijing's commerce ministry said...

    The United States in October announced new export controls aimed at restricting China's ability to buy and manufacture high-end chips with military applications

    Chinese leader Xi Jinping and US President Joe Biden pledged to repair frayed relations at a summit in Bali, Indonesia last month

  • The judge presiding over the hearing in a US District Court in Washington read the 71-year-old Masud the charges and...

    Masud, who allegedly worked as an intelligence operative for the regime of Libyan dictator Moamer Kadhafi, faces three counts related to the bombing

    Federal prosecutors said they did not intend to seek the death penalty but Masud could face life in prison if convicted

  • Paris, France—Iran on Monday executed a second man convicted over the protests that have shaken the regime for almost three...

    The latest execution came with global outrage still reverberating after Iran on Thursday carried out the first execution linked to the protests

    Iran's use of the death penalty is part of a crackdown that Olso-based Iran Human Rights (IHR) says has seen the security forces kill at least 458 people