INSEAD Day 4 - 728x90

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

Movement against ‘Pro-Israeli’ fast-food chains gains momentum

Palestinians hold placards and chant slogans during a demonstration calling for a boycott on Israeli products in West Bank. (AFP)
  • Amidst rising global condemnation of Israel's actions in Gaza, the boycott movement gains significant momentum
  • Countries such as Kuwait and Morocco join the movement, adding to the international pressure on Israel

Tehran, Iran – Egypt, Jordan, and Turkey witnessed a significant surge in a boycott targeting multinationals that have either pro-Israeli stances or financial ties with Israel such as McDonald’s, Starbucks, and KFC, Lebanese Al-Mayadeen news network reported. 

Amidst rising global condemnation of Israel’s actions in Gaza, the boycott movement gains significant momentum. Countries such as Kuwait and Morocco join the movement, adding to the international pressure on Israel.

Social media emerges as a key player, amplifying calls for the boycott and encouraging people to favor local alternatives. This shift is visibly impacting consumer behavior, notably seen in supermarkets and outlets of the targeted chains.

In Jordan, citizens actively supporting the movement are rallying customers away from multinational brands like McDonald’s and Starbucks. Their efforts have led to a noticeable drop in sales for these chains as patrons opt for alternative options.

The boycott movement continues to grow, spurred on by widespread social media support and local activism.