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
  • Beijing is ready to expand its crude oil trade with Riyadh and will "list Saudi Arabia as a destination country...

    Beijing is ready to expand its crude oil trade with Riyadh and will "list Saudi Arabia as a destination country for outbound tourism organized by Chinese citizens, says Xi Jinping

    Xi and Saudi Crown Prince witness signing of energy agreements on hydrogen as well as a plan to "harmonize" Vision 2030, with China's trillion-dollar Belt and Road Initiative

  • ABU DHABI, UAE - As part of its participation in the first edition of the Abu Dhabi International Food Exhibition...

    The MoUs are a part of the chamber’s efforts to drive economic growth in Abu Dhabi and support investment in vital sectors.

    As part of its efforts to support start-ups and SMEs, the Abu Dhabi Chamber signed a partnership agreement with the Emirates Development Bank.

  • About $30 billion in agreements will be signed on Thursday, Saudi state media said, as China seeks to shore up...

    Arab leaders also began to converge on the Saudi capital ahead of a summit with Xi, who will hold separate talks with the six-member GCC.

    The crown prince sees China as a critical partner in his Vision 2030 agenda, seeking the involvement of Chinese firms in mega-projects meant to diversify the economy.

  • ALMATY, KAZAKHSTAN - Kazakhstan threatened Thursday to ban global steel giant ArcelorMittal from operating in the Central Asian country after...

    ArcellorMittal, the world's second largest steel producer, operates a dozen factories and mines in this polluted industrial Kazakh region.

    Kazakhstan has in the past imposed fines on ArcelorMittal for non-compliance with ecological standards.

  • Parliament is split between supporters of the powerful Iran-backed Hezbollah movement and its opponents, neither of whom have a clear...

    Hezbollah opponent Michel Moawad, who is seen as close to the United States, won the support of 39 MPs but fell well short of the required majority.

    Moawad's candidacy is opposed by Hezbollah, whose leader Hassan Nasrallah called last month for a president ready to stand up to Washington.

  • The World Health Organization called for more funds to help overcome towering challenges in the battle against malaria, which continues...

    A report highlighted significant remaining challenges, including limited donor funding.

    The COVID-19 pandemic has compounded several challenges facing efforts to battle malaria.

  • GENEVA, SWITZERLAND - Member states of the World Health Organisation (WHO) Thursday agreed to develop the first draft of a...

    This zero draft of the pandemic accord, rooted in the WHO Constitution, will be discussed by member states in February 2023.

    The agreement by the Intergovernmental Negotiating Body, comprising WHO’s 194 member states, was a milestone in the global process to learn from the COVID-19 pandemic.

  • Some Israeli political analysts had forecast that Netanyahu would move to announce a coalition days after receiving his mandate from...

    In Israel's fifth election in less than four years, held on November 1, Netanyahu's right-wing alliance triumphed with ease

    Although a final coalition agreement has not yet been signed, the agreement with Shas gives Netanyahu control over 64 of the 120 seats in the Knesset

  • Riot police confronted the crowd in the central Habboubi Square with "brutal" force and "fired live ammunition", said demonstrator Mohammed...

    Haidar al-Zaidi, 20, was sentenced to three years over a tweet of disputed origin deemed insulting to a pro-Iran ex-paramilitary force

    The protesters deplored the jail term and also demanded compensation for demonstrators wounded by security forces in late 2019

  • Russian forces have missed most of their key military goals since February, raising fears that the battlefield stalemate could see...

    Speaking more than nine months after his forces launched their military operation, Russian President warned the conflict could be "lengthy"

    German Chancellor Olaf Scholz declared that the risk of nuclear weapons being used in the Ukraine conflict has lessened thanks to international pressure on Russia