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
  • Spanish authorities said Thursday they had arrested and then granted conditional release to a Portuguese man wanted by Interpol over...

    Moreira is wanted in Lebanon for allegedly having brought explosives into the country

    He is wanted in Lebanon for the crimes of "terrorism" and "causing death through the use of explosives."

  • Iraq’s charge d’affaires was called in a day after officials in Baghdad denied Turkish President Recep Tayyip Erdogan’s claim that...

    Iraq’s charge d’affaires was called in a day after officials in Baghdad denied Turkish President Recep Tayyip Erdogan’s claim that they backed the offensive

    Erdogan said on Wednesday that Turkey’s push into the mountains of northern Iraq was being conducted in “close cooperation with the central Iraqi government."

  • Oil-rich Iraq, despite its mighty Tigris and Euphrates rivers, is classified as one of the world's five countries most vulnerable...

    Iraq which shares the Tigris and Euphrates with Turkey and Syria often protests that their upstream construction of dams has endangered its water resources.

    World has Bank warned that Iraq, a country of 41 million people, could suffer a 20-percent decline in drinking water resources by 2050 due to climate change.

  • Eight people have been sentenced to death in Iraq, half of them over a 2020 car bombing in the city...

    A criminal court in Anbar, a province in western Iraq, "sentenced four terrorists to death by hanging for setting off a car bomb in Ramadi"

    Amnesty International said in a report last year that Iraq was the world's fourth leading executioner

  • President Vladimir Putin said the ‘liberation’ of Mariupol was a ‘success’ for Russian forces, but also ordered Defense Minister Sergei...

    Taking full control of Mariupol on the Azov Sea would be a major strategic victory for Russia

    It will help Russia connect annexed Crimea to the territories of separatists in eastern Ukraine

  • The National Oil Company (NOC) has this week declared a halt to operations at two major oil export terminals and...

    The closure is a manifestation of playing out between the parallel administrations of Fathi Bashagha and Abdulhamid Dbeibah

    The shutdowns in Libya further squeeze global supply and represent an additional source of upward pressure for prices.

  • The Turkish leader’s comments came a day after Iraq summoned Turkey’s ambassador to Baghdad to lodge a formal protest against...

    The Turkish leader’s comments came a day after Iraq summoned Turkey’s ambassador to Baghdad to lodge a formal protest against Erdogan’s latest military campaign

    Turkey’s armed forces have reported the death of two soldiers and dozens of Kurdish militants since the launch Sunday of their third offensive in northern Iraq

  • Ukraine on Sunday vowed to fight to the end in Mariupol after a Russian ultimatum expired for remaining forces to...

    Ukrainian President described the situation in Mariupol as "inhuman" and called on Western allies to provide heavy weapons.

    "The city still has not fallen," says Ukrainian Prime Minister adding that "Our military is still there and they will fight till the end".

  • Iraq on Tuesday summoned Turkey's ambassador to Baghdad in protest against the new Turkish offensive targeting rebels in the north's...

    Turkey has launched an air and ground offensive against militants of the outlawed Kurdistan Workers' Party (PKK) in northern Iraq

    Designated as a terrorist group by Ankara and its Western allies, the PKK has waged insurgency against the Turkey since 1984

  • Faced with surging inflation that is hitting poor families especially hard, which has sparked unrest in some countries, policymakers should...

    "We've seen already in some countries people protesting when they see the price of food or basic items increasing very rapidly," said IMF chief economist Pierre-Olivier Gourinchas.

    Governments can alleviate impact of the price jumps with "targeted measures to try to support vulnerable populations", he said.