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
  • Turkey's foreign minister signed a deal in Libya's capital Monday allowing for oil and gas exploration in 'Libyan waters'.

    The deal follows an agreement Turkey signed with authorities in Tripoli in 2019, which demarcated the countries' shared maritime borders.

    The deal came at the height of a year-long battle between rival governments vying for control of the capital.

  • UAE's Ministry of Finance (MoF) participated in the third Framework Working Group (FWG) meeting within the G20 Finance Track for...

    The meeting was held in Indonesia and sought to discuss key global economic issues.

    G20 members, invited non-G20 member countries, representatives of the World Bank, IMF, and OECD also attended the meeting.

  • "Efforts are underway with the European coordinator and other mediators, including the foreign ministries of neighboring countries, to exchange messages...

    His remarks come amid on-off talks that have been underway since April 2021 to revive the deal that gave Iran sanctions relief in return for curbs on its nuclear program.

    The landmark Vienna deal has been in tatters since then US president Donald Trump withdrew from it in 2018 and Iran later backed away from its own commitments.

  • Turkish inflation jumped to a new 24-year high exceeding 83 percent in September, official data showed Monday after the central...

    President Recep Tayyip Erdogan, who has focused on growth ahead of a general election in June, has repeatedly railed against higher rates, calling them his "biggest enemy"

    The TUIK state statistics agency said Monday that consumer prices rose by 83.45 percent in September on an annual basis, up from 80.2 percent in August

  • The Gulf Cooperation Council (GCC) has renewed its commitment to continue having a strong partnership with China in order to...

    The sentiment was echoed in a meeting between Secretary General of the GCC, Dr. Nayef Falah Mubarak Al-Hajraf, and China's Ambassador to Saudi Arabia, Chen Weiqing

    The two sides discussed all issues and topics of common interest, and reviewed the cooperation relations between the GCC and China to achieve common interests

  • For most of Gaza's 2.3 million residents, living under a 15-year-old Israeli blockade, power cuts are a daily fact of...

    Gaza bakery owner Bishara Shehadeh began the switch to solar this summer, by placing hundreds of gleaming panels on his rooftop

    Green energy advocates say that solar energy is a vision for a global future as the world faces the perils of climate change and rising energy costs

  • The jump comes after both main contracts suffered hefty losses in recent months on demand fears caused by an expected...

    WTI climbed 3.3 percent to $82.12 and Brent also piled on 3.3 percent to $87.94 ahead of a meeting of the group this week in Vienna

    The reduction in production -- which delegates to OPEC said had not been finalized -- would be the biggest since the pandemic began when crude prices collapsed

  • The United Nations envoy Hans Grundberg said efforts to extend and expand the ceasefire for a further six months had...

    The ceasefire, enacted for two months in April and renewed twice, has brought a sharp drop in fighting in the war between Huthi rebels and a Saudi-led pro-government coalition

    The war, which has been raging since 2014, has killed hundreds of thousands directly or indirectly and has created the world's worst humanitarian crisis

  • The presidents of the countries issued a joint statement saying they could not "stay silent in the face of the...

    The nine nations are Czech Republic, Estonia, Latvia, Lithuania, Montenegro, North Macedonia, Poland, Romania and Slovakia.

    Their reaction comes two days after Russian President Putin signed treaties to annex four Moscow-occupied regions of Ukraine.

  • The Sharjah Chamber of Commerce and Industry (SCCI) has organized a forum to discuss ways to boost economic ties and...

    The forum witnessed bilateral meetings between business owners from Sharjah and Russia.

    The chamber briefed the Russian trade mission on Sharjah’s business advantages and facilities.