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
  • An F-14 fighter jet crashed on Saturday while on a mission in central Iran, causing injuries to its two crew...

    The air force in sanctions-hit Iran has suffered several crashes in recent years, with officials complaining of difficulties in acquiring spare parts

    Iran has mostly Russian MiG and Sukhoi fighter jets that date back to the Soviet era, as well as some Chinese aircraft

  • Saudi Crown Prince Mohammed bin Salman begins a regional tour Monday in Egypt that will also take him to Turkey...

    After Cairo, Mohammed bin Salman will travel to Jordan and then on to Turkey, a Saudi diplomat said

    During the tour, he will discuss "regional and international files and the future of global cooperation"

  • European Union has unveiled a new strategic partnership with the GCC, aiming to deepen the ties with the Gulf countries.

    European Union High Representative Josep Borrell will present a new EU strategic paper on relations with the Gulf Cooperation Council (GCC) at a formal meeting of EU foreign minist

    The two sides are expected to launch joint projects in the coming months in a number of areas

  • The UAE president emphasised that the UAE, as an active partner of the global community, is determined to hold a...

    The UAE president emphasised that the UAE, as an active partner of the global community, is determined to hold a COP28 in 2023

    He highlighted the UAE’s investment of more than $50 billion in renewable energy projects across 40 countries

  • A report issued by the World Bank warns of the delay in forming a government in Iraq and of not...

    A World Bank report warns of the delay in forming a government in Iraq

    Report warns of impact of budget's non approval on the country's economy

  • The United Arab Emirates urged Iran on Friday to provide reassurances on the peaceful nature of its nuclear programme after...

    The permanent representative of the UAE to the IAEA, Hamad Al Kaabi called on Iran to "closely cooperate with the IAEA".

    The UAE has the first nuclear power plant in the Arab world, which lies just across the Gulf from Iran which has a nuclear power plant of its own in Bushehr.

  • Iraq's Ministry of Migration and Displacement said they do not have a database on the numbers of Iraqi refugees abroad...

    Iraq's Ministry of Migration and Displacement says they don't have the number of Iraqi refugees abroad

    The ministry says it is ready for any situation for internally displaced persons as they possess adequate experience

  • Saudi Crown Prince Mohammed bin Salman will visit Turkey on June 22, a Turkish official said on Friday. The details...

    Turkish President Recep Tayyip Erdogan had already paid a visit to Saudi Arabia in late April, where he met the prince before travelling to Mecca

    According to the Turkish official, other details related to Saudi crown prince visit will be announced "over the weekend"

  • As Saudi Arabia's Crown Prince Mohammed bin Salman prepares to mark five years as de facto leader, he is finally...

    Following the visits by Emmanuel Macron, Boris Johnson, and Erdogan, the planned meeting with Biden is a major validation of the Crown Prince

    Perhaps the most significant element of Prince Mohammed's Vision 2030 reform agenda is his bid to remake an economy long dependent on oil

  • The Boeing 747 cargo plane, reportedly carrying car parts, has been held at an Argentine airport since Wednesday last week.

    The Boeing 747 cargo plane, reportedly carrying car parts, has been held at an Argentine airport since Wednesday last week

    On Monday, Argentine officials raised suspicions of a link between the flight and Iran's Revolutionary Guards, listed as a "terrorist organization" by the US