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
  • Mohammed bin Salman left Monday for the Group of 20 summit in Bali, Indonesia. The official Saudi Press Agency said...

    A likely stop is South Korea, where local media report the crown prince will meet business leaders. He is then expected to attend the Asia-Pacific Economic Cooperation forum.

    The trip comes as Riyadh feuds with Washington over the OPEC+ oil cartel's October decision to cut production by two million barrels per day.

  • Bali, Indonesia— Crown Prince and Prime Minister of Saudi Arabia, Mohammed bin Salman, has arrived in Indonesia to take part...

    The crown prince met with French President Emmanuel Macron, Turkish President Recep Tayyip Erdogan and other leaders on the sidelines of the G20 summit

    The 17th edition of the G20 Summit will extensively focus on key issues of global concern under the theme of ‘Recover Together, Recover Stronger’

  • Accusing the government of prime minister Abdulhamid Dbeibah of preventing it from meeting, Libya's High Council of State said armored...

    The council's head, Khaled al-Mishri, said in a video statement on Facebook that the body had been due to vote on a constitutional basis for elections

    Polls had been set for December 2021 to elect a replacement for Dbeibah's government, but were indefinitely postponed

  • Eyeing a joint G20 declaration that would condemn Russia's eight-month-old invasion and threats to use nuclear weapons, US and European...

    There was a hint at growing Chinese unease with Russia's prosecution of the war when presidents Xi Jinping and Joe Biden met late Monday

    Both men voiced opposition to the "use or threat of use" of nuclear weapons in Ukraine, according to a White House account of the meeting

  • Proposing the creation of a Climate Solidarity Pact, bringing together developed and emerging economies to combine resources and capacities to...

    G20 can play an important role in resolving global crises, says UN Secretary-General António Guterres ahead of the event in Bali, Indonesia

    Guterres urges the bloc to support his initiatives to address climate change, sustainable development, the worldwide food and energy crises, and digital transformation

  • The UAE is a key player in the 13-nation OPEC oil cartel which, with its 10 allies headed by Russia,...

    The comments by Anwar Gargash, a senior advisor to the UAE's president, come as Washington is at odds with Russia.

    The UAE, is not "dependent on just one or two countries for both our economic prosperity and our security", said Gargash.

  • BALI, INDONESIA - Speaking at the B20 Summit in Bali, Indonesia, Minister of State for Foreign Trade Dr. Thani bin...

    The UAE is working to help the global economy overcome current and future challenges.

    The economy of the future will be based on knowledge and innovation.

  • United Nations Secretary-General Antonio Guterres hoped Russia would extend the deal that gives safe passage to Ukrainian grain shipments. The...

    Russia has said it had yet to decide whether to extend the grain deal beyond November 19, the original date in the agreement.

    Both Ukraine and Russia are one of the world's top grain producers.

  • The UN Human Rights Council said it would hold an urgent session on Iran, with backers pushing for a global...

    The United Nations' highest rights body said a special session on "the deteriorating human rights situation" in Iran would be held on November 24.

    The support of 16 of the Human Rights Council's 47 members, more than a third, is required to convene a special session outside the three regular ones

  • SHARM EL SHEIKH, EGYPT - United Nations officers running security at the COP27 climate summit in Egypt said Monday they...

    Participants at COP27 - including activists, rights defenders, and civil society groups - have raised cases of "surveillance" during the summit.

    A German diplomatic source said a complaint was lodged with Egypt as the delegation "felt we were being watched."