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 UAE have been key staging posts for evacuation flights for foreigners and Afghans

    The UAE have been key staging posts for evacuation flights for foreigners and Afghans

    More than two thirds of the 120,000 Afghans and foreigners who fled Afghanistan on evacuation flights landed in the UAE and Qatar

  • The king appointed Akhannouch "head of the government and tasked him with forming a new government", following Wednesday's polls, a...

    The RNI won 102 of parliament's 395 seats, thrashing the moderate Islamist Justice and Development Party (PJD), which took just 13 seats

    Akhannouch has hailed "the popular will for change", calling the results "a victory for democracy."

  • President Joe Biden spoke with China’s Xi Jinping on Thursday amid growing frustration on the American side that high-level engagement...

    The White House is hopeful the two sides can work together on issues of mutual concern despite growing differences

    The White House is hopeful the two sides can work together on issues of mutual concern — including climate change and preventing a nuclear crisis on the Korean Peninsula

  • The United States on Thursday praised the Taliban as businesslike and cooperative in facilitating the first evacuation of Americans from...

    A round-the-clock airlift in the final two weeks of the war shuttled more than 123,000 people

    “The Taliban have been cooperative in facilitating the departure of American citizens and lawful permanent residents”

  • The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves.

    The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves

    SDR allocations will help most vulnerable countries struggling to cope with the impact of the COVID-19 crisis

  • The director-general of the Iranian Trade Promotion Organization’s Office of Arabian and African Countries has said Iran is in talks...

    Lebanon is currently suffering under one of the world’s worst economic crises since the mid-1800s

    The situation is such that senior economist Nasser Saidi has said hyperinflation is imminent in the country

  • Women can drive and cinemas have reopened in the "new" Saudi Arabia under crown prince and de facto ruler Mohammed...

    Women can drive and cinemas have reopened in the "new" Saudi Arabia under crown prince and de facto ruler Mohammed bin Salman

    MBS as crown prince is called, has brought a string of economic, social and religious changes

  • The Justice and Development Party which headed the ruling coalition for a decade saw its support collapse from 125 seats...

    The Justice and Development Party which headed the ruling coalition for a decade saw its support collapse from 125 seats in the outgoing assembly to just 12

    The liberal parties like the National Rally of Independents and the Authenticity and Modernity Party got 97 and 82 respectively

  • Austin traveled to the Gulf region earlier this week, a week after the chaotic US withdrawal from Afghanistan ended. He...

    Austin first went to Doha with Secretary of State Antony Blinken to visit the main base for the massive airlift set up by the United States out of Kabul

    He then traveled to Kuwait, where he met Wednesday with the country's leaders

  • The relations between the Arab world and China have touched new highs particularly after China launched the Belt & Road...

    Bilateral trade between China and GCC increased 180 percent from US$68bn in 2009 to US$190bn in 2019

    Gulf imports from China totaled US$10 bn in clothing, textiles, and fabrics, accounting for 66 percent of Arab trade with China