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
  • Sayed Khalifa, the head of Egypt's agriculture syndicate, calls the unique plants a "treasure" because of their ability to grow...

    After decades of destruction in Egypt that saw the mangroves cleared, all that remained were fragmented patches totaling some 500 hectares

    The stands of trees help filter out water pollution and act as a natural barrier against rising seas and extreme weather, shielding coastal communities from destructive storms

  • Delaware Judge Kathaleen McCormick, ruling on a Musk request to freeze the case that had drawn a biting retort from...

    The move buys time for a potential reconciliation between two parties

    Twitter said Tuesday it expects to close the buyout deal at the $54.20 price

  • The question of rights to Libya's vast hydrocarbon resources has become more urgent this year as global energy prices have...

    "The Turkish-Libyan MoU is based on previous deals even prior to 2011," Libyan prime minister Abdulhamid Dbeibah said.

    The memorandum of understanding, three years after a controversial maritime border deal, sparked sharp reaction from Greece.

  • Moscow---The Kremlin said Thursday that an OPEC+ decision to sharply cut production was designed to stabilize global oil markets, after...

    Kremlin spokesman Dmitry Peskov it was proof that "some countries understand the absurdity" of Washington's demand for a price cap on Russian oil.

    The European Union has also proposed introducing a price cap on Russian oil as part of new sanctions over Ukraine.

  • With the demand for gas rising worldwide because of an energy crisis sparked by Russia's invasion of Ukraine, Lebanon hopes...

    Following years of US-mediated negotiations, the rival states now appear to be nearing agreement

    A deal would allow "offshore exploration activities to continue, but that doesn't mean that Lebanon has become rich

  • Taking exception to what it calls interference in its internal affairs, Iran has summoned British ambassador Simon Shercliff to hear...

    Foreign ministry spokesman Nasser Kananiin, in an Instagram post, accused "Western governments" of meddling in Iran's affairs

    The British foreign ministry on Monday summoned Iran's top diplomat in London to criticise the way Iranian authorities are handling the protests

  • As long as the Palestinian saga is open, Saudi Arabia will not have full normalization of ties with Israel. However,...

    Unlike the UAE, Saudi Arabia will need to do a lot of explaining to a population that is not largely expatriate.

    Experts say that even with the UAE, while trade and economic links exceed expectations, there is little progress on people to people movement.

  • The latest package -- the eighth since Russia's invasion in February -- is now going through a final approval procedure...

    Details of the sanctions were not given, but imposition of a price cap on Russian oil exported globally is the likely decision.

    They could also expand the blacklist of people subject to EU travel bans and asset freezes for their role is supporting Kremlin.

  • The two leaders focused on maintaining coordination and consultation on various issues of mutual concern, especially food security and energy.

    The two leaders focused on maintaining coordination and consultation on various issues of mutual concern, especially food security and energy

    King Abdullah expressed appreciation for Oman’s position and continuous efforts to bolster security and stability in the region

  • Prime Minister Liz Truss on Sunday conceded she should have better prepared Britain for her plan, which went further than...

    "We cannot have fiscal policy working against the monetary policy by providing untargeted policy support", IMF chief Kristalina Georgieva said Tuesday

    UK Finance Minister Kwasi Kwarteng on September 23 announced the debt-driven mini-budget, which slashed taxes and sparked market turmoil