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
  • Kuwait's foreign minister said Sunday that he has given Lebanese authorities a list of suggested measures to be taken to...

    The visit is part of wider efforts to restore trust between Lebanon and its Gulf Arab neighbors

    Lebanon's Foreign Minister Abdallah Bou Habib will visit Kuwait at the end of the month

  • Iran has the world's second largest gas reserves after Russia, and the fourth largest oil reserves. Gas is almost free...

    The record consumption was 748 million cubic meters on November 22, 2021.

    Oil Minister Javad Owji asked people to save gas consumption so that we can pass the next 10 days "without any problem".

  • The US navy said Sunday it had stopped a ship carrying 40 tons of a fertilizer that can be used...

    The navy said it boarded and searched the ship, which last year was caught carrying thousands of weapons and handed to Yemen's coast guard

    The seizure comes at a time of high tensions in the region after a deadly drone-and-missile attack on Abu Dhabi by the Houthis prompted the Saudi-led coalition to launch air strike

  • A fierce battle raged in Syria for a fourth day Sunday between US-backed Kurdish forces and Islamic State group fighters...

    More than 100 insurgents late Thursday attacked the Kurdish-run Ghwayran jail in Hasakeh city to free fellow jihadists

    Intense fighting since then has seen the militants free detainees and seize weapons stored at the jail, according to the Britain-based Syrian Observatory for Human Rights

  • The UAE has banned the use of drones and light sports aircraft from Saturday, days after Yemen’s Houthis carried out...

    Anyone performing these activities during that period and disregarding guidelines will be subject to legal liabilities, the Ministry of Interior said.

    Those who rely on drones for work can seek permission from the authorities concerned.

  • Kuwait's foreign minister Sheikh Ahmad Nasser Al-Mohammad Al-Sabah visited Beirut on Saturday, on his first trip since a diplomatic rift...

    Sheikh Ahmad said the ties with Beirut had not been severed, and they were now in a phase of confidence-building measures

    The minister delivered confidence-building steps to Mikati and the Lebanese foreign minister and urged them to study them and determine how to proceed

  • South Korea has used $18 million of frozen Iranian assets to pay Tehran's dues to the UN, Seoul said Sunday,...

    The payment was made Friday in cooperation with the US and the UN after Iran made an "emergency request" to South Korea to pay the dues

    Iran has more than $7 billion in funds for oil shipments frozen at two South Korean banks due to US sanctions

  • The self-proclaimed Turkish Republic of Northern Cyprus (TRNC) has been hit hard by the Covid pandemic and the plummeting value...

    The self-proclaimed Turkish Republic of Northern Cyprus (TRNC) has been hit hard by the Covid pandemic and the plummeting value of the Turkish lira

    Analysts said there has been a lack of interest in the poll among some 204,000 voters who were "concerned primarily with their health, safety and economic welfare"

  • Fighting raged for a third day Saturday between the Islamic State group and Kurdish forces in Syria after IS attacked...

    The assault on the Ghwayran prison in the northern city of Hasakeh is one of IS's most significant since its "caliphate" was declared defeated in Syria

    IS launched the attack on Thursday night against the prison housing some 3,500 suspected members of the jihadist group

  • This disbursement is part of a loan agreement signed in 2020 between Tunisia and the German Development Bank to improve...

    This disbursement is part of a loan agreement signed in 2020 between Tunisia and the German Development Bank to improve access to financing for SMEs

    German Ambassador to Tunisia Peter Prüge said that the decision to give loan was taken in view of the roadmap for restoration of democracy prepared by Tunisian President Kais Saied