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
  • US President Joe Biden on Tuesday branded his Russian counterpart Vladimir Putin a "dictator" facing withering economic and diplomatic isolation...

    Biden made clear there would be no US boots on the ground in the week-old war on Europe's doorstep

    "A Russian dictator, invading a foreign country, has costs around the world," Biden said

  • Egypt's Suez Canal Authority announced Tuesday additional tolls for transiting vessels including fuel tankers, as oil prices soar in the...

    Petroleum gas tankers will see a 10 percent hike on passage fees while liquefied natural gas carriers and general cargo ships will incur a seven percent increase.

    Ships carrying petroleum products will be hit with a five percent rise under the new tolls, which are effective immediately.

  • Arabs noted that while the toll of war may be similar in the respective conflicts, the media treatment is not....

    The Arab and Middle Eastern Journalists' Association condemned "examples of racist news coverage that ascribes more importance to some victims of war than others".

    For Syrians, the disparity in media treatment is particularly striking as Russia launched a bloody intervention to prop up Bashar al-Assad's regime more than six years ago.

  • Nicos Anastasiades was received by Prince Mohammad bin Abdul Rahman bin Abdulaziz, Deputy Governor of the Riyadh Region.

    Nicos Anastasiades was received by Prince Mohammad bin Abdul Rahman bin Abdulaziz, Deputy Governor of the Riyadh Region

    The two countries will discuss bilateral cooperation and the regional situation

  • Italy imports around 95 percent of the gas it uses, and around 45 percent of that comes from Russia.

    Russia last week invaded Ukraine, causing the United States and its allies to impose sanctions on Moscow

    The conflict also sparked alarm among countries like Italy, which depend on Russia for their energy needs

  • The remarks were made during the GCC Secretary General Al-Hajraf’s meeting with the Indian Ambassador to the Kingdom of Saudi...

    The remarks were made during GCC Secretary General Al-Hajraf’s meeting with the Indian Ambassador to the Kingdom of Saudi Arabia Dr. Ausaf Sayeed

    Al-Hajraf praised the level of bilateral relations between the GCC and India in light of the framework agreement for economic cooperation signed between the two sides in 2004

  • The meeting, attended by Crown Prince Al Hussein bin Abdullah II, discussed enhancing the strategic partnership between Jordan and the...

    The meeting, attended by Crown Prince Al Hussein bin Abdullah II, discussed enhancing the strategic partnership between Jordan and the United States

    Discussions also addressed regional and international efforts to fight terrorism, within a holistic approach

  • The negotiations to revive the deal involve Iran as well as France, Germany, Britain, Russia and China directly, and the...

    All sides have signaled progress in the talks, but Iran has said that the West still needs to decide on some key issues

    Parties to the 2015 deal saw it as the best way to stop the Islamic republic from building a nuclear bomb

  • “Today, we are announcing a ban on all imports of crude oil from Russia, an industry that has benefited President...

    “Today, we are announcing a ban on all imports of crude oil from Russia, an industry that has benefited President Putin and his oligarchs greatly,” Trudeau told a news conference

    Canada, with the fourth largest reserve in the world, is a net oil exporter, but still imports significant amounts from countries including the United States and Saudi Arabia

  • "We have alerted both countries of the region and elsewhere not to pass warships through the Black Sea," Foreign Minister...

    "We have alerted both countries of the region and elsewhere not to pass warships through the Black Sea," Foreign Minister Mevlut Cavusoglu said

    The 1936 Montreux Convention governs the free movement of commercial ships in peacetime through the Bosphorus and the Dardanelles straits