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
  • Iran said Wednesday that "technical issues" in the now-paused negotiations to restore its 2015 nuclear agreement with world powers have...

    Iran is engaged for a year in negotiations with France, Germany, Britain, Russia and China directly, and the United States indirectly, to revive the 2015 deal

    The US unilaterally withdrew from the agreement in 2018 and reimposed sanctions on Iran, prompting Tehran to step back from nuclear commitments

  • Israeli Prime Minister Naftali Bennett on Wednesday barred far-right lawmaker Itamar Ben Gvir from entering Muslim areas of Jerusalem's Old...

    Tensions in Israeli-occupied east Jerusalem have spiked in recent weeks, amid nearly a month of deadly violence in Israel and the occupied West Bank

    Ben Gvir had announced he would take part in a rally on Wednesday evening, saying he would march through the Damascus Gate

  • Environmental assessment and permitting operations carried out by the Environment Agency – Abu Dhabi (EAD) in 2021 reveal that 60...

    This is in addition to a reduction of more than 2800cum of toxic waste from drilling operations, and a 99 percent reduction in air pollutants emissions from the fluorine industry.

    EAD has also completed permitting the commissioning of clean energy projects that save about 11 million tons of carbon emissions per year.

  • A UK court on Wednesday issued a formal order to extradite WikiLeaks founder Julian Assange to the United States to...

    The ruling Wednesday by a magistrate in central London brings the long-running legal saga in the UK courts closer to a conclusion

    Washington wants to put him on trial in connection with the publication of 500,000 secret military files relating to the US-led wars in Iraq and Afghanistan

  • Meanwhile, Italy is also looking into buying or renting two floating storage and regasification units (FSRU) to allow it to...

    Italy is one of Europe's biggest guzzlers of gas, which currently represents 42 percent of its energy consumption, and it imports 95 percent of the gas it uses

    The government hopes to reduce those imports by accelerating the investment in renewables and has vowed to cut red tape on wind and solar farms

  • US Secretary of State Antony Blinken has called on Israel and Palestinians to “end the cycle of violence”, amid rising...

    Recent tensions have centred on the Al Aqsa Mosque compound, Islam's third-holiest site, in Jerusalem's Old City

    Mr Blinken told Mr Lapid of the US government's “steadfast commitment” to Israel's security and condemned recent rocket attacks from Gaza

  • The newly formed, eight-man leadership council performed a largely symbolic swearing-in in Aden in front of members of a parliament...

    The newly formed, eight-man leadership council performed a largely symbolic swearing-in in Aden in front of members of a parliament elected in 2003.

    Yemen’s President Abed Rabbo Mansour Hadi handed over his “full powers” to the new council in a televised address on April 7

  • Asian markets were flat on Wednesday as oil began clawing its way back up from a big drop after the...

    Energy prices are surging, debt levels are rising and shortages remain acute, the IMF noted.

    Multiple crises including the Ukraine war and coronavirus pandemic fuel an acceleration of inflation

  • The United States has asked Qatar to supply gas to Europe if Russian supplies were disrupted due to Moscow's military...

    Qatar gas exports account for about 106 billion cubic meters, with 80 percent going to Asia and 20 percent to Europe

    Qatar could cover around 13 percent of Russian gas imports to the European Union and the United Kingdom

  • The report said that the climate state is rapidly aggravating poverty and instability, and is likely to amplify the economic...

    A joint report has been published by World Government Summit Organization (WGS) and consultancy firm PricewaterhouseCoopers.

    The report said that the climate state is rapidly aggravating poverty and instability, and is likely to amplify the economic burden on governments struggling to manage COVID-19.