INSEAD Day 4 - 728x90

House of Representatives

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
  • MARRAKESH, MOROCCO - Speaker of the UAE Federal National Council (FNC) Saqr Ghobash met with Morocco Speaker of the House of Representatives Rachid Talbi El Alami on the sidelines of the Parliamentary Conference on Interfaith Dialogue here. Ghobash also met with Naam Miyara, President of the Chamber of Councillors of...
  • US Senate all set to pass debt deal bill as default almost avoided

    US senators raced to pass a bipartisan debt limit deal approved overwhelmingly by the House of Representatives, with the worst-case scenario of an economy-cratering default seemingly avoided. The Treasury has warned it could run out of money to pay its bills by Monday, leaving no room for delays in enacting...
  • US lawmakers release $1.7 trillion spending bill to avert shutdown

    WASHINGTON, UNITED STATES - US lawmakers early Tuesday released the text of a US$1.7 trillion funding bill which Congress hopes to pass within days to avert a government shutdown. The bill includes $858 billion in defense funding and will also provide $44.9 billion in emergency assistance for Ukraine. It also includes...
  • US Congress passes giant Biden infrastructure package

    The passage of the infrastructure spending marks a legacy-making achievement for Biden, amid plunging personal approval ratings and a humiliating upset defeat for his Democratic Party in the Virginia gubernatorial election. His spokeswoman Jen Psaki said the success was “proof that delivering for the American people is worth all the...
  • US approves $1bn for Iron Dome defense system

    This came after the funding was controversially stripped from a separate bill following a revolt from the left flank of the Democrats. However, the vote was near-unanimous this time, with the funding approved by a 420-9 majority vote.