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

Knesset to vote on new govt, Netanyahu’s rule set to end

Former Israeli president Benjamin Netanyahu,
    • The departure of Netanyahu, 71, has left the country bitterly divided

    • The new government’s policies likely to be hampered by a razor-thin majority it commands in the parliament

    Israeli prime minister Benjamin Netanyahu’s 12-year rule was set to end on Sunday when parliament votes on a new government, the media reports said. The new government will include the party that represents the 21 percent Arab minority.

    The departure of Netanyahu, 71 has left the country bitterly divided.

    The new coalition was cobbled together by the centrist opposition leader Yair Lapid and ultra-nationalist Naftali Bennett. The cabinet will be sworn in after a Knesset confidence vote it is expected to win.

    The two leaders will be prime ministers on rotation. Bennett, a hardline hi-tech millionaire, will serve as prime minister for two years followed by Lapid, a former popular TV host. Bennett will likely pursue the same right-wing agenda as Netanyahu.

    The new government will focus on domestic reforms and plans to largely avoid sweeping moves toward the Palestinians. The coalition’s policies are likely to be hampered by a razor-thin majority it commands in the parliament.