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the pandemic
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
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UAE insurance assets rise 6.1 percent to $44.9 billion in 2025
US targets Iran’s global economic lifelines as Hormuz traffic plunges
Gold prices hit highest levels in three months, oil falls
Iran dismisses new US sanctions threat as ‘same movie’ amid escalating economic war
UAE archaeological finds reveal new human history insights
Iran warns states joining US sanctions would be deemed ‘enemies’
Iran calls new US sanctions ‘declaration of war’ against all countries
Borouge okays $656m dividend
Dubai completes 104 real estate projects worth over $30.22 billion
Hormuz ship crossings halve as Iran war disrupts energy flows
S&P updates its outlook for Saudi Arabia to positive
In a statement, issued on Saturday, it assessed the kingdom's short and long-term foreign and local currency sovereign credit ratings to A-/A-2.
Strong demand spurs Dubai’s realty growth
The market performed well in 2021, with average home prices and rents increasing by 9.3 percent and 8.3 percent, respectively. Last year's price growth was also the highest since January 2015.