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
  • Over the past 10 years, the UAE has reportedly sent relief supplies to Malawi amounting to AED85.3 million ($23.23 million).

    The aid is expected to support efforts to meet children's needs for food and nutritional supplements in several villages and regions

    The UAE has reiterated its commitment to a humanitarian approach that supports emergency relief for countries in need

  • US president Joe Biden on Wednesday said he had not ruled out halting imports of Russian oil.

    US president Joe Biden on Wednesday said he had not ruled out halting imports of Russian oil

    But the White House later warned that such a step could cause further jumps in oil prices

  • Prince Mohammed bin Salman called for a "political solution" after the Russian invasion and also reiterated his support for the...

    Arab countries in the Gulf, including Saudi Arabia, have mostly refrained from criticizing the invasion by Russia

    On Wednesday, however, they voted for a UN General Assembly resolution urging Russia to withdraw from Ukraine

  • Negotiators meeting in Vienna to try and salvage the 2015 nuclear deal, which is meant to prevent Tehran from acquiring...

    The agreement was between Iran on one side and Germany, China, the United States, France, Britain, and Russia on the other

    It unraveled when former US president Donald Trump, with Israeli encouragement, unilaterally withdrew from it in 2018

  • Russian troops attacked Europe's largest nuclear plant on Friday, starting a fire at the Ukrainian facility, with the country's leader...

    President Volodymr Zelensky accused Moscow of trying to "repeat" the Chernobyl nuclear disaster

    Images on a live feed from the site earlier showed blasts lighting up the night sky and sending up plumes of smoke

  • Saudi Crown Prince Mohammed bin Salman has said Israel could be a "potential ally" of Riyadh, in remarks published Thursday....

    Saudi Arabia does not have diplomatic relations with Israel.

    But in 2020 two of its main Gulf allies -- Bahrain and the UAE -- normalized ties with Israel, becoming the third and fourth Arab states to do so after Egypt and Jordan.

  • France on Thursday expressed fear that the worst phase of Russia's war on Ukraine could be yet to start, with...

    France Foreign Minister said that Ukraine's resistance against Russian invasion could lead to cities being targeted

    The minister warned Kharkiv in the east, Mariupol in the south and Kyiv itself were at risk of encirclement by Russia

  • The Libyan parliament's pick for prime minister has accused his rival in Tripoli of blocking ministers-in-waiting from traveling to the...

    Former interior minister Fathi Bashagha was appointed last month by the war-torn country's parliament in the eastern city of Tobruk

    Libya's parliament has been based in the eastern city of Tobruk, hundreds of miles (kilometers) east of Tripoli, since an east-west schism in 2014

  • The UAE and the US are facing a "stress test" in their relationship, a senior Emirati diplomat said Thursday, as...

    Yousef al-Otaiba, the UAE ambassador to the US, was speaking days after it abstained in a UN Security Council vote on a resolution demanding a Russian withdrawal from Ukraine

    The UAE, which currently holds the UN Security Council presidency, on Friday abstained from voting on a US-Albanian draft resolution condemning Russia's invasion of Ukraine

  • The statement from India's foreign ministry came a day after Indian Prime Minister Narendra Modi spoke to Russian President Vladimir...

    The statement from India's foreign ministry came a day after Indian Prime Minister Narendra Modi spoke to Russian President Vladimir Putin

    The grouping is seen as a bulwark against China, and there have been concerns in India and elsewhere that the Ukraine crisis would distract Washington from the region