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
  • Russia and the United States are the world's largest nuclear weapons powers, but separate from the threats of planetary destruction,...

    Secretary of State Antony Blinken, in an interview broadcast Sunday, confirmed reports that the United States has sent private warnings to Russia to steer clear of nuclear war

    No country has used nuclear weapons on the battlefield except the United States in 1945, when it destroyed the Japanese cities of Hiroshima and Nagasaki

  • The country's clerical regime could slide towards a military dictatorship with IRGC holding the absolute sway, says Ali Alfoneh of...

    The country's clerical regime could slide toward a military dictatorship with IRGC holding the absolute sway, says Ali Alfoneh of Arab Gulf Institute in Washington

    Alfoneh also does not believe the regime will make any concessions to the protesters and expects a brutal crackdown in the coming days and weeks

  • Hundreds of demonstrators, reformist activists and journalists have been arrested amid the mostly night-time demonstrations that have spread to scores...

    The warning by the head of the Judiciary, Gholamhossein Mohseni Ejei, came after nine nights of protests and street clashes.

    The judiciary chief has "emphasized the need for decisive action without leniency" against the core instigators of the "riots".

  • The funds are scheduled to be deposited in a trust account to finance programs as per the needs of refugees...

    The fund consists of an endowment account and a non-endowment account, to receive and invest donations per the principles of Islamic finance.

    Islamic Solidarity Fund for Development contributed $50 million to endowment account, and UNHCR contributed $50 million to non-endowment account.

  • Jordan Prime Minister Dr. Bisher Khasawneh has a joint meeting with the agriculture ministers of Iraq, Syria and Lebanon.

    The Jordan PM stressed the importance of the four countries' cooperation to enhance sustainable food security.

    The PM said COVID-19 pandemic and Ukraine war have affected basic commodities supply chains.

  • The UAE delegation attended the sixth day of high-level meetings on the sidelines of the 77th Session of the United...

    The meetings included a ministerial-level interaction with the Non-Aligned Movement.

    It also included meeting with the African Union.

  • A Moroccan prisoner of war released as part of an exchange between Moscow and Kyiv said he wanted to draw...

    Saadoun was freed on Wednesday, one of 10 foreign prisoners of war - including five British and two American citizens.

    He transferred to Saudi Arabia as part of the exchange between Moscow and Kyiv.

  • As part of the deal, the UAE will provide "an LNG cargo for delivery in late 2022, to be used...

    The fact that we are dependent on one supplier and also dependent on its decisions will certainly not happen to us again, Scholz said.

    In Qatar, the last stop on his two-day Gulf tour, the chancellor said the emirate's rights record is improving.

  • Out of 150,000 marriages registered in 2020 in Saudi Arabia, some 4,500 were unions involving a Saudi and a foreigner,...

    This month Ms Morris received a summons from Saudi prosecutors indicating she was under investigation for "disturbing public order"

    US embassy in Riyadh said it was following Morris's case "very closely" and was "in regular contact with Ms Morris and in touch with the Saudi government"

  • Germany's center-left government has announced relief measures worth almost 100 billion euros to tackle inflation, but small businesses have so...

    The war has sent energy prices spiraling across Europe, but especially in Germany, which was previously heavily dependent on Russian gas

    Many bakeries in Germany have already gone under as a result of recent cost increases, with others staging protests to demand urgent help from the government