INSEAD Day 4 - 728x90

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

105 missiles, 176 drones destroyed since start of Iranian attack: Bahrain

The Bahrain Defence Force General Command (BDF) announced that its air defence systems have continued to successfully intercept successive waves...

Iran-US nuclear talks set for Rome this week: Oman mediator

Iran and the United States will hold the next round of talks on the Islamic republic's nuclear programme in Rome...
  • The arch-foes have held four rounds of nuclear talks since April 12, the highest-level contact between them since US President Donald Trump abandoned the 2015 nuclear deal
  • Western countries, including the United States, have long accused Iran of seeking to acquire atomic weapons, while Iran insists its nuclear programme is for peaceful purposes

Israeli ‘warning’ fire at diplomats sparks outcry amid Gaza pressure

EU foreign policy chief Kaja Kallas urged Israel to hold to account those responsible for the shooting near Jenin, a...
  • The Palestinian foreign ministry accused Israel of having "deliberately targeted by live fire an accredited diplomatic delegation".
  • The incident came as international pressure intensified over the war in Gaza, where Palestinians were desperate for supplies after a two-month aid blockade was eased.

Cyberattack to cost UK retailer Marks & Spencer $404 million

London, United Kingdom -- British clothes-to-food retailer Marks and Spencer on Wednesday said a cyberattack affecting its online service is...
  • Marks last week revealed that some personal data of its customers had been stolen in a cyberattack that has crippled its online services for weeks.
  • The news came as Marks on Wednesday reported operating profit before adjusting items of  £985 million for its financial year to the end of March.

Oil prices jump on report of Israel prepping Iran strike

Both main crude contracts jumped around one percent after CNN reported multiple US officials as saying the government had received...
  • There are fears that such a sharp escalation could tip the Middle East into a war, with tensions already high over Israel's strikes on Gaza.
  • While safe haven gold pushed higher, the news from CNN appeared to be having little detrimental effect on Asian equities, with most extending the previous day's rally.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.
  • Total revenue saw a 15 percent rise compared to Q1 2024, supported by both passenger and cargo business.
  • With nearly 20 million passengers carried over the last 12 months, Etihad is the fastest-growing airline in the region.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

US asking countries for ‘voluntary’ Palestinian relocation: Rubio

Israel has again warned the population of Gaza -- nearly entirely displaced since the war broke out over the October...
  • President Donald Trump has repeatedly mused about displacing Gaza's two million people to make way for reconstruction.
  • Responding to a question in testimony to the Senate Foreign Relations Committee, Rubio said: "There's no deportation."

The New Travel Mindset: Local Living and Smarter Tech

From immersive local experiences to AI-powered personalization, Muzzammil Ahussain, CEO of Almosafer, shares key trends shaping the future of travel.
  • Japan, Korea, Singapore, Malaysia, and Thailand are growing heavily from this region as connectivity improves.
  • Europe remains strong, but even in Europe, they're exploring more. Before, it was much more London only.

UK halts trade talks with Israel, summons envoy over Gaza

Foreign Secretary David Lammy accused Israeli Prime Minister Benjamin Netanyahu's government of "egregious actions and rhetoric" over its expansion of...
  • Lammy said Britain "cannot stand by in the face of this new deterioration" in Gaza and was pausing negotiations with Israel on a new free-trade agreement.
  • Israel was the country's 44th-largest trading partner last year, with the two countries exchanging 5.8 billion pounds ($7.8 billion) in goods and services.

Nvidia unveils plan for Taiwan’s first ‘AI supercomputer’

Taipei, Taiwan -- Nvidia boss Jensen Huang announced plans for Taiwan's first "AI supercomputer", as he showcased on Monday the...
  • Taiwan produces the bulk of the world's most advanced chips, including those needed for the most powerful AI applications and research.
  • TSMC, the Taiwanese contract chipmaking giant, has unveiled plans to inject an additional US$100 billion into the United States, on top of the US$65 billion already pledged.

105 missiles, 176 drones destroyed since start of Iranian attack: Bahrain

The Bahrain Defence Force General Command (BDF) announced that its air defence systems have continued to successfully intercept successive waves...

Latest News

Urgent need for ‘global approach’ on AI regulation: UN tech chief

Geneva, Switzerland -- The world urgently needs to find a global approach on regulating artificial intelligence, the United Nations' top...

Tourist coins pose giant problem at N. Ireland’s famous causeway site

Bushmills, United Kingdom -- Northern Ireland's Giant Causeway draws close to one million visitors a year but their habit of...

AI needs to be smaller, reduce energy footprint: UNESCO study

Paris, France -- The potential of artificial intelligence is immense -- but its equally vast energy consumption needs curbing, with...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Israeli army kills 53 Palestinians and injures 200 others near Gaza aid site

"Israeli drones fired at the citizens. Some minutes later, Israeli tanks fired several shells at the citizens, which led to...
  • Bassal said that four additional people were killed by Israeli fire Tuesday near the southern Gaza city of Rafah.
  • In early March, Israel imposed a total aid blockade on the Gaza Strip amid an impasse in truce negotiations, only partially easing restrictions in late May.

8 killed in overnight strikes on Israel, Iran’s defense headquarters hit

In the central region, at least four people, including a 10-year-old boy, were killed and around 100 others wounded in...
  • In the central region, at least four people, including a 10-year-old boy, were killed and around 100 others wounded in a rocket strike.
  • An MDA spokesman told Israeli broadcaster Channel 12 that around 200 people were wounded in overnight missile strikes fired by Iran.

Syria’s new authorities to help locate missing Americans: US envoy

Damascus, Syria -- Syria's new authorities have agreed to help the United States locate and return Americans who went missing...
  • "The new Syrian government has agreed to assist the USA in locating and returning USA citizens or their remains," US special envoy for Syria Tom Barrack wrote on X.
  • "The families of Austin Tice, Majd Kamalmaz, and Kayla Mueller must have closure," he added, referring to American citizens who had gone missing or been killed.