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
  • Fears have been growing in Europe's economic powerhouse about an over-reliance on Beijing, and letting critical infrastructure fall into the...

    Chinese company Sai MicroElectronics had been seeking to buy the Dortmund factory of Elmos through its Swedish subsidiary Silex.

    The German government had rejected the planned takeover because "the purchase could endanger the order and security of Germany.

  • Lebanese security officials and politicians have made several visits to Syria in recent years, but almost exclusively in their personal...

    Syria, which once had a controlling hand in Lebanon's affairs, has repeatedly refused to delimit land and sea borders with its neighbor.

    Lebanon announced in late October that a delegation would travel to Damascus to discuss the issue, but the trip did not take place.

  • Biden's tour would include meetings of ASEAN and the Group of 20 industrialised nations in Cambodia and Indonesia.

    Biden's tour would include meetings of ASEAN and the Group of 20 industrialised nations in Cambodia and Indonesia

    The trip will begin two days after the US midterm elections which will determine whether Democrats keep their congressional majorities

  • Amman, Jordan— Funded by the Canada Fund for Local Initiatives (CFLI), Jordan has launched a program aimed at better protecting...

    MP Omar Ayasra emphasized the significance of providing witnesses and whistleblowers with protection during a ceremony held on Monday to launch the project

    Secretary-General Ibrahim Majali revealed that only 10 percent of incoming complaints are followed up, while 90 percent proved untrue thus far

  • Istanbul, Turkey— A senior Greek official was detained in Turkey at the weekend because of what the Ankara government described as...

    Pro-government paper Daily Sabah said Governor Tzitzikostas had been mistaken for someone else of the same name

    The two countries, which have historically testy relations, have been engaged for months in a war of words, most notably over their air and sea borders, and immigration

  • Global stock markets mostly moved higher as Americans headed to the polls in midterm polls. The dollar got back some...

    Investors are waiting on US inflation data due on Thursday for a pointer on the interest path ahead.

    The broader S&P 500 and tech-heavy Nasdaq wobbled around before moving higher.

  • Antonio Guterres said businesses as well as cities and regions should update their voluntary net zero pledges within a year...

    The UN expert panel, convened after UN climate talks in Glasgow last year, set its sights on drawing a "red line" around greenwashing in net zero targets from companies, cities.

    Firms would also not be able to continue activities that result in deforestation and still claim they are decarbonising, the panel said.

  • AMMAN, JORDAN - Jordan imported about 405,550 barrels of crude oil from Iraq in October, an average of 13,000 barrels...

    Jordan had imported roughly three million barrels of Iraqi crude from September 2021 to October 2022.

    The crude oil was transported by 11,565 Jordanian and Iraqi tanker trucks.

  • DUBAI, UAE - UAE's Ministry of Health and Prevention (MoHAP) discussed with the Russian Ministry of Industry and Trade ways...

    The two sides discussed ways to encourage more Russian companies to transfer some of their production lines to the UAE.

    The two sides discussed exchange of medical expertise and ways to expand partnerships in the pharmaceutical sector between UAE and Russia.

  • Abdel Fattah, 40, was a major figure in the 2011 revolt that toppled longtime president Hosni Mubarak. After a seven-month...

    British Prime Minister Rishi Sunak and French President Emmanuel Macron met with Egyptian President Abdel Fattah al-Sisi and upped the pressure for his release.

    Activists at COP27 have also been posting prolifically on Twitter under the hashtag #FreeAlaa.