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
  • Royal Air Maroc took off from Morocco's economic capital Casablanca bound for Tel Aviv on Sunday, in the carrier's first...

    Aviation sources and local media sources said a Moroccan business delegation was on the inaugural flight, delayed by three months because of the Covid-19 pandemic.

    Israel and Morocco restored their relations under the 2020 US-backed Abraham Accords normalizing ties between the Jewish state and several Arab countries.

  • Jordan’s trade balance deficit with the European Union countries expanded by 12.9% in 2021 compared to 2020.

    Total trade deficit reached about JD2.671 billion ($3.77 billion) in 2021

    The value of national exports to EU countries increased by 29.9 per cent during 2021

  • Bahrain and the Netherlands discussed ways to strengthen cooperation and boost the youth sector in both countries through exchange of...

    Both sides lauded the distinguished relations between Bahrain and the Netherlands in all fields

    They also highlighted the major initiatives and programs launched to support the youth sector

  • Qatar's foreign minister headed for Moscow on Sunday for talks on Russia's obstruction of a new Iran nuclear deal and...

    Sheikh Mohammed bin Abdulrahman Al-Thani was to meet Russia's Foreign Minister Sergei Lavrov and other top officials on Monday

    Qatar, a neighbor of Iran with close ties to Washington, has been stepping up efforts to encourage the United States and Iran to move towards a new deal

  • During the Cold War, the German central bank stashed away almost 15 bn marks' worth of an emergency currency in...

    A closely guarded state secret, the currency was codenamed "BBK II" and intended for use if Germany was the target of an attack on its monetary system.

    After the Cold War, the bunker passed into the hands of a regional cooperative bank and then a real estate fund. In 2016, it was bought by German couple.

  • Iran claimed responsibility for a missile strike Sunday on the northern Iraqi city of Arbil, saying it targeted an Israeli...

    There was no immediate reaction from Israel to Sunday's missile attack and Kurdish authorities insisted that the Jewish state has no sites in or anywhere near Arbil

    Kurdish authorities said the target of the attack was the Arbil consulate of the United States

  • Palestinian National Authority has urged the European Union to overcome technical and other obstacles and resume financial support for the...

    Minister of Foreign Affairs and Expatriates Riyad Malki stressed the importance of financial aid in providing basic necessities to Palestinian people.

    European Union affirmed the importance of continuing joint cooperation between the European Union and Palestine.

  • Jordan has seen several factors affect its economy, such as the conditions brought on by the Covid-19 and the Syrian...

    The US Congress has approved a new aid package for Jordan for 2022, estimated at $1.65 billion

    The aid is expected to support Jordan’s development and reform programs during 2022

  • US interests and coalition troops in Iraq have regularly been targeted in rocket and armed drone attacks. They have never...

    Kurdistan Prime Minister and US state department have condemned the attack, which did not lead to any casualty

    A news channel channel has posted photos on social media showing its damaged offices, with a collapsed false ceiling and broken glass

  • Tunisia, Morocco, and Libya, along with several other Arab countries, import much of their wheat from Ukraine and Russia.

    Tunisia imports almost half of the wheat used to make bread from Ukraine, and authorities say it has enough supplies to last three months

    Oil-rich Libya gets about 75 percent of its wheat from Russia and Ukraine, and Morocco too relies heavily on the same source for supplies