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
  • DUBAI: Kuwait’s population decreased by 0.9 percent in the first six months of this year to 4.62 million, as expatriate...

    More than a third of Kuwait population under 15, likely to put more pressure on the labor market.

    Total employment fell by 1.7 percent in H1 due to moderation in hiring activity among Kuwaiti nationals in the private sector and a drop in expat employment.

  • Demonstrators blocked the entrance to the airport and a bridge linking Kassala State in the east with the rest of...

    Demonstrators blocked the entrance to the airport and a bridge linking Kassala State in the east with the rest of the country

    The unrest comes as Sudan grapples with deep economic woes left in the wake of Bashir's ouster

  • The government work 'will be led by major transformative projects and not just long-term strategic plans, says Sheikh Mohammed.

    The new strategy comes with the government's previous plan, UAE Vision 2021, through which the emirates has achieved all its goals in the past 10 years, Sheikh Mohammed said.

    Unlike previous 5-10 year cycles, the coming cycles of change will be flexible and six months to two years long, he added.

  • DUBAI: An estimated 47 percent of people worldwide are offline, and the cost of available broadband exceeds affordability targets in...

    An estimated 47 percent of people worldwide are offline, and the cost of available broadband exceeds affordability targets in 50 percent of developed countries.

    The UAE’s information and communications technology spending is estimated to reach $23 billion by 2024.

  • The first initiative of its kind in Iraq, where Israel's sworn enemy Iran has a very strong influence, the conference...

    The CPC advocates for normalising relations between Israel and Arab countries, alongside establishing ties between civil society organisations

    Iraqi Kurdistan maintains cordial contacts with Israel, but the federal government in Baghdad does not have diplomatic ties with the Jewish state

  • Abbas called on Secretary-General Antonio Guterres to "convene an international peace conference."

    Abbas called on Secretary-General Antonio Guterres to "convene an international peace conference."

    Palestinians were ready "to work throughout the year" on solving the final status of the states of Israel and Palestine

  • The US and EU have said at the UN that Iran’s new government has shown no indication it was ready...

    Iran’s new President, Ebrahim Raisi, has indicated he backed a return to compliance with the 2015 accord

    It could lift sweeping sanctions imposed by former US President Donald Trump when he withdrew the US from the deal

  • Iran’s moves could ultimately contribute to building regional relations based on mutual cooperation and respect.

    Kuwait said at the UNGA that Iran should Iran should work towards reducing tension in the Gulf region

    It urged Iran to also preserve safety, freedom, and security of maritime navigation

  • The United Nations has called for the world to redouble its renewable energy efforts to avert a climate emergency.

    Governments and the private sector pledged at a high-level summit to spend more than $400 billion on climate efforts

    The amount would also help bring electricity to more of the 760 million people around the world who currently lack it

  • This came after the funding was controversially stripped from a separate bill following a revolt from the left flank of...

    The money had originally been included in legislation addressing a looming government shutdown and a potential October debt crisis

    But progressives in the House of Representatives said they would tank that unless the funding was removed from it