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
  • An Israeli official told AFP that the strike on the tanker was "an Iranian provocation" that aimed to "disrupt the...

    The Pacific Zircon was "hit by a projectile 150 miles off the coast of Oman" on Tuesday

    The tanker was carrying 42,000 tonnes of gas oil and bound for Buenos Aires

  • In an interview with AFP, Qatar's Labor Minister Ali bin Samikh Al Marri said "racism" was behind the onslaught on...

    Qatar's chief World Cup organizer said attacks on the Gulf state had been launched because it "competed as equals and snatched" the World Cup from rival bidders.

    Qatar's media has spoken of a "systematic conspiracy" by European rivals. Al Sharq newspaper slammed "the arrogance" of some European countries.

  • The tanker was "hit by a projectile approximately 150 miles off the coast of Oman ... on 15 November," the...

    "There is some minor damage to the vessel’s hull but no spillage of cargo or water ingress," it said. It was not immediately clear who launched the projectile.

    The Bahrain-based United States Fifth Fleet said it was "aware of the incident". UK Maritime Trade Operations, a British monitor, also said it knew of the incident.

  • The 27-nation bloc has also placed an embargo on Russia coal. While it has not banned natural gas imports from...

    The EU will ban most imports of Russian crude oil next month

    Ankara has increased imports of Russian crude since the Ukraine invasion in late February, the think tank said

  • The G77+China block of more than 130 developing nations called in a position paper for a special fund "for assisting...

    The need for such "loss and damage" financing, which has emerged as a make-or-break issue at COP27, is urgent, the largest negotiating bloc at the talks said

    US and the EU have suggested that expanding current channels for climate finance might be a more efficient approach than creating a new one

  • The two leaders discussed mutual ties, including the agenda of the summit. 

    The two leaders discussed mutual ties, including the agenda of the summit

    Saudi Arabia and the UAE are close allies and share extensive political and cultural ties

  • In the wake of a missile hitting Polish territory close to the border with Ukraine, US President Joe Biden and...

    The explosion in Poland, a NATO member, immediately sparked concerns that the alliance might be drawn into Russia's nearly nine-month war against Western-backed Ukraine

    The White House has been cautious in its initial response and has not attributed blame for the missile

  • The two Gulf countries play a major role in strengthening the economic and sustainable development in Indonesia, which is hosting...

    The two Gulf countries play a major role in strengthening the economic and sustainable development in Indonesia, which is hosting the 17th G20 Heads of State and Government Summit

    Since 1976, the Kingdom, through the Saudi Fund for Development has contributed to strengthening the pillars of sustainable development in its various fields and forms in Indonesia

  • Outgoing Prime Minister Yair Lapid said Israeli soldiers "will not be interrogated" by the US' Federal Bureau of Investigation (FBI)...

    The Israeli army conceded on September 5 that one of its soldiers had likely shot Abu Akleh after mistaking her for a militant.

    Democratic party lawmakers, rights groups and the Abu Akleh family have been pushing for a US-led inquiry.

  • Of the 120 lawmakers elected on November 1, 64 have endorsed Netanyahu to lead the next government, clearing the way...

    Despite broad ideological alignment among the pro-Netanyahu parties, coalition talks may take time with Religious Zionism's leaders -- Bezalel Smotrich and Itamar Ben-Gvir.

    Ben-Gvir, the leader of the Jewish Power party, wants Israel to annex all of the occupied West Bank. He wants to be public security minister.