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 on Thursday accused the United States of working to "complicate" efforts to restore a 2015 nuclear deal, after new...

    It came on the day Iran's supreme leader Ayatollah Ali Khamenei stressed that his country will not give up on elements of "national strength"

    Tehran is locked in negotiations with world powers to revive the nuclear deal that offered it sanctions relief in return for curbs on its atomic program

  • Russia on Thursday accused the US of funding research into the development of biological weapons in Ukraine, as Moscow stepped...

    Russian defense ministry said that "the purpose of this was to establish a mechanism for the stealthy spread of deadly pathogens

    Both Washington and Kyiv have denied the existence of laboratories intended to produce biological weapons in the country

  • The EU, IEA, and NGOs stress that the development of renewable energy sources and biogas must be accelerated.

    The global demand for the dirty fossil fuel reached a historic high in 2021 as several countries including China prefer it to pricier gas

    Some countries could burn coal for longer, using it to transition to renewable energy sources without passing through a gas-power phase

  • The famous TV series shows Zelensky as a high school teacher propelled to the presidency after a student's video of...

    Broadcasters around the world have been seeking to show Zelensky's TV show 'Servant of the People' in act of solidarity with Ukrainians

    The TV series was first aired in 2015, and its success propelled Volodymyr Zelensky to the presidency in real life

  • Video shared from a children’s hospital in Mariupol hit by shelling showed a scene of complete devastation, with the wounded...

    A local official said the attack wounded at least 17 staff, though no deaths were immediately reported

    Russia did not deny the attack, but accused Ukraine of using the hospital to set up firing positions from the hospital

  • The Parliament has asked member states to ban Russian applications of 'golden passport' as Russian in particular benefit from these...

    MEPs have voted for a non-binding Bill against granting citizenship on financial grounds

    Lawmakers in EU parliament have also demanded EU-wide rules on "golden visas"

  • The US has led a Western assault on Russia's economic lifeline by banning imports of oil and gas followed by...

    The British foreign secretary, standing alongside US Secretary of State Antony Blinken, hailed transatlantic unity against Russia

    Blinken called absurd and offensive the Russia proposal of safe passage of Ukrainians through its own territory

  • Russia's foreign ministry confirmed that Lavrov would be attending the meeting on the sidelines of a diplomatic forum organized by...

    Recep Tayyip Erdogan has pushed Turkey to play a mediation role between Russia and Ukraine to initiate peace talk

    Erdogan has called Russia's invasion of neighboring Ukraine 'unacceptable', but at it did not emulate Western sanctions

  • The surge in energy costs is a consequence of Russia's invasion of Ukraine, which prompted Washington and its European allies...

    Oil prices are in the midst of the recovery from the Covid-19 pandemic, which has caused demand to collapse

    The prices have now surged, contributing to a wave of inflation that has damaged Biden's approval ratings

  • Brent had spiked to $139 on Monday — about $8 short of an all-time record — in expectation of the...

    US President Joe Biden on Tuesday announced a ban on US imports of Russian oil and gas

    Meanwhile, Britain said it would phase out crude imports from the country by the end of 2022