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 has said that it will continue to enrich uranium to 20 percent purity even after sanctions against it are...

    Iran is now enriching to various levels, the highest being around 60 percent

    Iranian officials had told media earlier that Iran had agreed to suspend its 20 percent and 60 percent enrichment if an agreement is reached in the Vienna talks

  • The UAE has called for immediate cessation of hostilities in the war between Russia and Ukraine. The appeal came in...

    the Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed particular alarm at the consequences for civilians present in Ukraine, as well as for the region

    The Ministry emphasized the importance of ensuring that humanitarian assistance reaches those in need, and called on all parties to respect International Humanitarian Law

  • Choosing sides in Ukraine's crisis would have once been easy for Gulf states long protected by the US, but growing...

    On Friday, the UAE abstained along with China and India from a vote at the US Security Council demanding Moscow withdraw its troops

    Russia as expected vetoed the resolution co-written by the US and Albania while 11 of the council's 15 members voted for it

  • The findings, published by the Nairobi-based think tank Power Shift Africa, focus on the costs of warding off climate impacts.

    The findings, published by the Nairobi-based think tank Power Shift Africa, focus on the costs of warding off climate impacts

    The threat is forcing nations to divert "already stretched" resources to climate self-defence, the report said

  • Crown Prince of Abu Dhabi led an entourage of high-profile officials to welcome king and queen upon their arrival at...

    Crown Prince of Abu Dhabi led an entourage of high-profile officials to welcome king and queen upon their arrival at the Presidential Flight in Abu Dhabi

    They were accorded a red carpet reception as the national anthems of the UAE and Jordan were played

  • On Friday, US President Joe Biden extended his country's measures against Russia to include sanctions on President Vladimir Putin and...

    The first tranche will hit four Russian banks, cut off more than half of Russia's technology imports, and target several oligarchs

    Energy giant Gazprom and 12 other major companies will be barred from raising capital in Western financial markets

  • The Federation of Saudi Chambers of Commerce signed an agreement to host the local network of the United Nations Global...

    This pact affirms Federation's role in realizing the importance of corporate sustainability in implementing the programs and initiatives of Saudi Vision 2030.

    It also covers the sustainable development goals of the UN through the Saudi private sector.

  • Russian Foreign Minister Sergei Lavrov told a press conference in Moscow that Russian President Vladimir Putin "took the decision to...

    The comment suggested that Moscow intends to overthrow the Ukrainian authorities with its invasion.

    Lavrov denied Ukrainian claims that Russian forces had hit civilian infrastructure, despite widespread evidence of residential areas being damaged.

  • Three monumental sculptures in the ancient city of Hatra were restored after being vandalized by the Islamic State group during...

    A Roman-style sculpture of a life-size figure and a series of reliefs of faces on the side of the great temple were among the restored pieces shown off to journalists.

    The restoration work at Hatra is being carried out by Iraqi experts in collaboration with Italy's International Association for Mediterranean and Oriental Studies.

  • Libya's prospective prime minister, appointed by the war-torn country's parliament as it seeks to oust interim premier Abdulhamid Dbeibah, said...

    "Prime minister-designate Fathi Bashagha announces that his government is ready and will be presented to the House of Representatives" for a vote of confidence

    Libya's parliament had picked Bashagha earlier this month in a move against Dbeibah, whose rivals argue his mandate ended after elections set for December 24 were postponed