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
  • Sweden and Finland dropped decades of military non-alignment and scrambled to become NATO members in May after Russia invaded Ukraine....

    NATO chief Stoltenberg said it was time to welcome the two Nordic countries as full members of NATO

    Except Turkey and Hungary, all the 30 NATO member states have ratified the accession of the two countries

  • Blinken voiced "his deep concern over the situation in the West Bank, including heightened tensions, violence and loss of both...

    The occupied West Bank is witnessing its deadliest period in years, as Israel prepares to form perhaps its most right-wing government in history under Benjamin Netanyahu

    Yair Lapid put a priority on smooth relations with the United States, warning that Netanyahu had alienated Israel's allies in US President Joe Biden's Democratic Party

  • Hundreds of smaller shrines opened up in Iraq -- many outside the purview of the religious authorities, which are often...

    Iraq's Waqf, the body in charge of managing Shiite mosques, tombs and other places of worship, reports that only 135 out of Iraq's 664 known sanctuaries are formally registered

    Most such sites are dedicated to relatives or descendants of Imam Ali, the son-in-law of the Prophet Mohammed and the founder of the Shiite strand of Islam

  • Dubai, UAE---China-UAE bilateral trade has exceeded US$64 billion during the first eight months of 2022, which marked a 27.93 percent...

    China has become the UAE’s largest non-oil trading partner in the world, said Zhang Yiming, Ambassador Extraordinary and Plenipotentiary.

    UAE remained China’s second-largest trading partner and the largest export market in the Arab region, he said.

  • Some of Germany’s leading industrial companies participated in a roundtable event hosted by the UAE Ministry of Industry and Advanced...

    From the UAE side, representatives from ADNOC, Abu Dhabi Department of Economic Development, Abu Dhabi Investment Office, and TAZIZ were present.

    The delegates also discussed the future of supply chain opportunities in a post-pandemic world.

  • Europe must act immediately to prevent a shortage of natural gas next year as Russia slashes deliveries in the wake...

    IEA Executive Director Fatih Birol said he would hold talks on Friday with several European governments.

    He said that Europe needs to take immediate action to avoid risks of natural gas shortage next year.

  • UAE and Indonesia have signed a Declaration of Intent to boost economic and social development between the two countries and...

    The declaration was signed between the UAE Ministry of Energy and Infrastructure and the Indonesian Ministry of Energy and Mineral Resources.

    It was signed during a joint meeting between the two countries at the Abu Dhabi International Petroleum Exhibition Conference ‘ADIPEC 2022.

  • Many emerging economies least to blame for the fossil-fuel gases that stoke global warming, are also among the most exposed...

    Wealthy nations have failed to provide all of the pledged $100 billion a year to developing nations, reaching just $83 billion in 2020.

    Only a part of that -- $29 bn -- was for adaptation, which the UN Environment Programme warned in a new report was five to 10 times below the estimated needs.

  • Elon Musk, the world's richest person, who took ownership of Twitter last week, hailed the correction saying the feature that...

    The White House tweeted that it was "thanks to President Biden's leadership" that US pensioners had received the biggest benefit hike

    "The tweet was not complete," White House press secretary Karine Jean-Pierre said when asked about the deleted tweet

  • The two leaders highlighted the just announced comprehensive UAE-US initiative to accelerate the energy transition.

    The two leaders highlighted the just announced comprehensive UAE-US initiative to accelerate the energy transition

    UAE president briefed Biden on the UAE’s funding and assistance for clean energy projects on six continents