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
  • Hady Amr also reiterated the Biden administration’s commitment to rebuilding bilateral relationship with the Palestinian people and to a two-state...

    Hady Amr also reiterated the Biden administration’s commitment to rebuilding bilateral relationship with the Palestinian people and to a two-state solution

    He also urged Israeli and Palestinian counterparts to work cooperatively to lower tensions and discourage armed conflict

  • The 52-year-old Mohammed Shia al-Sudani, who has the backing of influential pro-Iran factions, vowed to form a government "as quickly...

    Abdul Latif Rashid, a 78-year-old Iraqi Kurd, was elected as head of state, replacing Barham Saleh

    The new president swiftly named Shiite politician Mohammed Shia al-Sudani as prime minister-designate

  • It comes after Israeli Prime Minister Yair Lapid on Wednesday said the agreement would make conflict with Lebanon's Iran-backed militant...

    The deal had faced hurdles, with a major source of friction being the Karish gas field, which Israel insisted fell entirely within its waters and was not a subject of negotiation.

    Lebanon reportedly claimed part of the field and Hezbollah, which holds huge sway in Lebanon, threatened attacks if Israel began production at Karish.

  • Defunct cell phones are just the tip of the 44.48-million-ton iceberg of global electronic waste generated annually that isn't recycled.

    Despite containing valuable gold, copper, silver, palladium and other recyclable components, these devices will be dumped or incinerated, causing environmental harm.

    Studies show 46 percent of the 8,775 households surveyed considered potential future use as the main reason for hoarding small electrical and electronic equipment.

  • The UN agencies for weather and for disaster risk reduction found countries with poor early warning systems on average see...

    Proper early warning systems for floods, droughts, heatwaves, storms or other disasters allow for planning to minimize adverse impacts

    The number of people affected by disasters had doubled from an average of 1,147 per 100,000 per year between 2005 and 2014, to 2,066 from 2012 to 2021, the UN report said

  • Known for his criticism of the authorities, Monjib was sentenced in January last year to 12 months in prison, after...

    The 61-year-old said security officials had prevented him from boarding a flight from Rabat airport to take part in a cultural event in Spain

    Several journalists critical of Morocco's government have been imprisoned in recent years for sex crimes, accusations they have denied

  • A few days after US President Joe Biden said that there would be consequences for Saudi Arabia on its decision...

    The United States accused Saudi Arabia of kowtowing to Moscow, which objects to a Western cap on the price of Russian oil in response to its invasion of Ukraine

    The Saudi foreign ministry statement stressed the “purely economic context” of the oil cut

  • Beirut, Lebanon— Thirteen people, mostly fighters, have been killed in two days of ongoing clashes between rival factions competing for power...

    According to reports, fighting between two pro-Turkish Syrian rebel groups began in the town of Al-Bab in northern Aleppo province before spreading to other areas

    Syria's war has killed nearly half a million people and forced around half of the country's pre-war population from their homes

  • The 13-nation OPEC cartel and its 10 allies headed by Moscow angered the White House last week with its decision...

    Saudi Arabia has defended the planned production cuts, saying the priority of OPEC+ was "to maintain a sustainable oil market"

    Partnership between US and Saudi Arabia was sealed after World War II, providing the kingdom with military protection in exchange for American access to oil

  • The Druzhba (Friendship) pipeline network was started in the 1960s and now covers 5,500 kilometres, pumping oil from the Urals...

    The leak was detected late on Tuesday near the village of Zurawice about 180 kilometres (112 miles) to the west of Warsaw in central Poland

    PERN spokeswoman Katarzyna Krasinska was quoted by PAP news agency as saying that the pipeline was mainly supplying two refineries in Schwedt and Spergau in Germany