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
  • The Arab League has expressed strong disappointment at a decline in relations between Lebanon and Gulf states, after an adverse...

    The Arab League Secretary-General Ahmed Aboul Gheit has appealed to Gulf countries "to reflect on the measures proposed to be taken

    The statement came a day after Saudi Arabia ordered the Lebanese ambassador to the kingdom to leave within 48 hours

  • Sudanese anti-coup protesters plan to flood the streets Saturday to demonstrate against a military takeover that has derailed the country's...

    Street protests that erupted against the coup were countered by a security response that has left at least nine demonstrators dead and wounded around 170

    Organisers on Saturday hope to stage a "million-strong" march against the military's power grab

  • This was agreed upon during a session of talks held in Athens on Friday between the GCC Secretary General and...

    This was agreed upon during a session of talks held in Athens on Friday between the GCC Secretary General and the Minister of Foreign Affairs of Greece Nikos Dendias

    The meeting dealt with the strategic relations between the GCC and the Republic of Greece, and ways to enhance them in various fields

  • The decision closely mirrored that of Saudi Arabia, which too ordered the Lebanese ambassador to its country to return home.

    The decision was apparently taken ‘against the background of a series of unacceptable and offensive statements issued by Lebanese officials’

    This decision would not affect the Lebanese residents in Bahrain, the country’s Ministry of Foreign affairs has said

  • Summit host Mario Draghi, the Italian prime minister, has called for a ‘G20 commitment on the need to limit the...

    Looming over the two-day talks in Rome is pressure to make headway on tackling global warming

    This is because the key COP26 summit is kicking off in Glasgow on Monday

  • The sanctions boosted pressure on Iran ahead of the reopening of negotiations on the country's nuclear program. The sanctions came...

    The US Treasury targeted lethal unmanned aerial vehicles or UAVs used by Iran's Islamic Revolutionary Guard Corps

    It said the drones have been used to attack US forces and international shipping in the Gulf region

  • Saudi Arabia ordered the "recall of the ambassador in Lebanon for consultations, and the departure of Lebanon's ambassador to the...

    The wealthy Gulf kingdom also "decided to halt all Lebanese imports"

    Lebanon's Prime Minister Mikati reacted quickly, saying he "regretted" the Saudi move

  • Among 4,300 fuel stations across the country, at present 1,450 are connected to the central fuel distribution system that provides...

    Authorities have said the results of an investigation into the alleged attack would be ready within 10 days.

    President Ebrahim Raisi on Wednesday said that his country must be "seriously prepared" against cyberattacks. 

  • Russia, the Republic of Korea, Italy and Ukraine are other four countries that have submitted bids for the event in...

    Crown Prince Mohammed Bin Salman proposes “The Era of Change: Leading the Planet to a Foresighted Tomorrow” as the theme for the event.

    The Expo 2030 in Riyadh would coincide with the culmination of the Saudi Vision 2030, the Crown Prince's letter said.

  • Not only is the kingdom ramping up oil production, it is also making a major play for the trillion-dollar emerging...

    Saudi Arabia has promised to go carbon-neutral by 2060 and pledged more than $1 billion for circular carbon economy initiatives.

    Experts say Saudi Arabia has a strong stake in blue and green hydrogen production, solar production and in solutions in carbon capture and storage.