Firefighters are trying to put out a blaze at the site of an oil drill in Kuwait. The fire broke out after a leak at an oil field, where a well was being dug up, state news agency KUNA said, citing Kuwait Oil Company. A company spokesman said there was "no reading of any H2S (hydrogen sulphide) gas leak from the incident". The incident has not impacted KOC's production or operations.
Borouge shareholders approve $1.32 billion 2025 dividend
Shareholders in Abu Dhabi-listed Borouge approved a $1.32 billion dividend for 2025 on Tuesday, as the petrochemicals company reported strong financial performance.
Emirates NBD launches business support package for SMEs
Emirates NBD has unveiled a business support package that consists of a set of temporary fee-relief measures to help SMEs manage day-to-day operations over the next few months.
H.H. Sheikh Khaled holds talks with Nubank CEO
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has explored investment opportunities offered in the Emirate during talks with David Vélez, Founder and CEO of Nubank.
'All roads' lead to higher prices, slower growth, IMF chief says
The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund said on Monday, ahead of a fresh forecast for the world economy planned by the global lender for next week.
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