INSEAD Day 4 - 728x90

Middle East Institute

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
  • Syria’s economic challenges persist despite Arab League return: MEI

    Damascus, Syria - Syria's reentry into the Arab League in May was anticipated to herald positive changes for the country's fortunes. Diplomatic relations warmed, with a normalization agreement signed with Saudi Arabia and a tense, Russia-brokered meeting between Turkish and Syrian foreign ministers. However, despite these diplomatic strides, Syria's economic...
  • Iran’s emerging pivot to Russia and China is for strategic leverage: study

    Dubai, UAE - Iran’s pivot to Russia and China has been driven by various factors, most notably the United States' withdrawal from the 2015 Joint Comprehensive Plan of Action (JCPOA) on May 8, 2018, says a study published by Middle East Institute.  Quoting Iran’s foreign ministry statement "the world is...
  • FDI into Oman increases by 19 percent in Q1 2021: Report

    Foreign Direct Investment into Oman increased by 19 percent in the first quarter of 2022, according to a report by the Washington Middle East Institute that praised the policies of Sultan Haitham bin Tarik in dealing with economic challenges facing the sultanate. There has been an increase in non-oil exports...
  • Iraqi Kurd farmers battle drought as Lake Dukan retreats

    The artificial lake was created in the 1950s following construction of the Dukan dam, to supply irrigation and drinking water for the region, as well as generate electricity.