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
  • Since the last Arab League summit in 2019, several members of the 22-member bloc -- for decades a forum for...

    The main roads of Algiers have been decked out with Arab flags and huge billboards welcoming "brother Arabs."

    remains a steadfast supporter of the Palestinians, even mediating a reconciliation deal in October between rival Palestinian factions Fatah and Hamas

  • His comments came days after oil giants ExxonMobil and Chevron reported bumper earnings, reflecting how a surge in crude prices...

    Biden said companies have a "responsibility to act" beyond the narrow self-interest of executive shareholders

    Hefty profits reported earlier by TotalEnergies and Shell have also reignited a European debate on windfall profits taxes

  • The Islamic republic has been rocked by protests since the death in custody of Mahsa Amini on September 16, following...

    It comes days after the US placed more than a dozen Iranian officials on its sanctions blacklist for the crackdown on protests

    The sanctions include bans on issuing visas and entry to Iran, as well as "freezing their money and assets under the jurisdiction of the Islamic republic of Iran."

  • The war raging in Ukraine and other overlapping crises are taking a toll on labor markets worldwide, the UN said,...

    In a fresh report, the International Labor Organization cautioned that the outlook for global labor markets has deteriorated in recent months.

    It also warned that excessive policy tightening could cause "undue damage to jobs and incomes in both advanced and developing countries."

  • Saudi Arabia and the United Arab Emirates said the world needs to keep investing in oil production, just days before...

    Sultan Al Jaber, the head of UAE oil giant ADNOC, warned that under-investment could cause a shock to the world economy

    Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said the Gulf countries were both increasing production capacity.

  • ABU DHABI, UAE - President Sheikh Mohamed bin Zayed Al Nahyan Monday received President of the Kyrgyz Republic Sadyr Japarov,...

    UAE and Kyrgyzstan affirmed their common interest in enhancing bilateral relations.

    The meeting explored various opportunities of the UAE- Kyrgyz friendship and affirmed to further cooperation in economy, trade.

  • As one of the brokers of the grain deal, Turkey has stepped up diplomacy with the two warring countries in...

    Turkey's defence minister Hulusi Akar said talks were under way with the relevant parties for the agreement to remain in place.

    Ukraine, one of the world's largest grain exporters, was forced to halt almost all deliveries following Russia's invasion in late February.

  • 5G network will help Nedaa provide better services.

    With the introduction of 5G, Nedaa will be able to support enhanced services for public safety and management of vital operations.

    The MoU sets a framework for upgrading the existing network capabilities and introducing agile and advanced services.

  • Abu Dhabi, UAE--- Abu Dhabi National Oil Company (ADNOC) announced on Monday that it has set a new Upstream Methane...

    ADNOC’s 0.15 percent methane intensity target means ADNOC will be ranked in the Gold Standard category by the Oil and Gas Methane Partnership 2.0 (OGMP 2.0.

    Oil and Gas Methane Partnership 2.0 (OGMP 2.0 is a a multi-stakeholder initiative launched by the United Nations Environment Program (UNEP) and the Climate and Clean Air Coalition.

  • With prices falling and ports clogged with liquefied natural gas tankers, fears of a winter heating crisis in Europe have...

    Spanish gas regulator Enagas says the backlog at ports is expected to last at least until this week.

    Europe has made efforts to fill its storage facilities to reduce dependence on Russian gas and sought alternative suppliers.