INSEAD Day 4 - 728x90

canal

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
  • Suez Canal ship traffic normal after tanker collision

    Cairo, Egypt--Shipping traffic was flowing normally on Egypt's Suez Canal on Wednesday, two shipping sources based in the country said, after two tankers that collided earlier were separated. The two tankers, the Singapore-flagged liquefied natural gas (LNG) carrier BW Lesmes and the Cayman Islands-flagged oil products tanker Burri, briefly collided...
  • One missing after tugboat sinks in Suez collision with tanker

    The authorities in charge of the waterway said that a tugboat sank and a cew member had gone missing after the vessel collided with a tanker. A salvage team had located the wreckage following the accident and the waterway was being cleared and the team rescued six of the seven...
  • Egypt nixes reports that Suez Canal traffic is falling

    The key trading link is setting new records, said the government, quoting the Suez Canal Authority.