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.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.
  • Qatar Airways Cargo, the group's air freight service, saw revenues increase by 17 percent on the year before, the airline said.
  • In 2024, the Qatari airline reported a $1.7 billion net profit following an annual increase of 39 percent, another record.

Israel will ‘take control of all’ of Gaza, says Netanyahu as WHO warns of famine risk

After more than two months of a total blockade, the World Health Organization issued a stark warning on the humanitarian...
  • In southern Gaza, the Israeli military issued an evacuation call to Palestinians in and around Khan Yunis city ahead of what it described as an "unprecedented attack".
  • Two million people are "starving" in the Gaza Strip, with the deliberate blocking of aid driving up the risk of famine, the World Health Organization chief warned.

AI talking trees feature at Chelsea Flower Show

London, United Kingdom -- Talking trees powered by AI, drought-resistant crops and sweet potatoes sprouting among flowers -- the prestigious...
  • More than 140,000 visitors are expected to view what the Royal Horticultural Society (RHS) bills as "the pinnacle of horticultural excellence".
  • In the Intelligent Garden, plant-lovers can truly talk to the trees thanks to artificial intelligence.

Israel army announces ‘extensive ground operations’ in ramped-up Gaza campaign

Since a two-month ceasefire collapsed in March as Israel resumed its offensive, negotiations mediated by Qatar, Egypt and the United...
  • Israel has faced increasing pressure to lift its aid blockade, as UN agencies warn of critical shortages of food, clean water, fuel and medicine.
  • The UN had warned of the risk of famine in Gaza long before the aid blockade was imposed.

‘Gentle giants’: World’s strongest men defy stereotypes

Sacramento, United States -- Eddie Williams is a schoolteacher from Monday to Friday and a wedding singer on weekends. In...
  • The World's Strongest Man competition was first held in 1977 at Universal Studios in California.
  • The names of the individual events -- the "Titan's Toss," "Atlas Stones," "Flintstone Barbell" and "Hercules Hold" -- convey the magnitude of the challenges.

General Gulf inflation rate logs 1.7% by end of Dec 2024

Muscat, Oman -- The general inflation rate in the GCC countries rose by 1.7 percent at the end of December...
  • The increase is primarily driven by a 5.9 percent increase in housing prices and a 2.8 percent rise in the prices of goods and services.
  • The culture and entertainment group recorded a 1.8 percent increase, while both the food and beverages group and the education group rose by 1.2 percent each.

Saudi airline resumes first Iran hajj flights since 2015

Riyadh, Saudi Arabia -- A Saudi airline has resumed flights for Iranian hajj pilgrims to the kingdom for the first...
  • Flynas is a budget airline based in Saudi Arabia, which operates domestic and international routes.
  • Officials stressed that the flights were not commercial and were only for the hajj pilgrimage.

Pope Leo XIV: Mild-mannered American with global view

The 69-year-old pontiff saw the challenges facing the worldwide Catholic Church up close in two decades as a missionary in...
  • And he already has a keen grasp of the inner workings of the Vatican, thanks to two years in a powerful role within the Roman Curia.
  • With his calls this week for peace and in railing against inequality and social injustice, Pope Leo has drawn parallels with his reforming predecessor, Pope Francis.

EGA advances plans to build new US aluminum plant

Abu Dhabi, UAE --  Emirates Global Aluminum, the largest ‘premium aluminum’ producer in the world, today announced the progression of...
  • The plant is expected to have a production capacity of 600 thousand tons of primary aluminum per year.
  • Some 85 per cent of the aluminum needs of American industries, from automotive to aviation and construction, are currently met by imports.

Dbeibah calls on armed groups to align with state

Days of clashes in the capital have pitted an armed group aligned with the Tripoli-based government against groups it has...
  • The country has remained deeply divided since the 2011 NATO-backed revolt that toppled and killed longtime leader Moamer Kadhafi.
  • The recent fights have killed at least eight people, said the UN, while the authorities have yet to release an official tally.

Chrome vulnerability allowed extensions to hijack Gemini panel, researchers say

According to researchers, the vulnerability allowed attackers to tap into the browser environment and potentially access files on a user’s...

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World Bank announces Lebanon, Syria reconstruction projects

Beirut, Lebanon -- The World Bank announced on Wednesday it had approved $250 million to support Lebanon's post-war reconstruction and...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Spain hosts European, Arab nations to pressure Israel on Gaza

Madrid will host 20 countries as well as international organizations with the aim of "stopping this war, which no longer...
  • The meeting, which also includes representatives from the Arab League and OIC, will promote a two-state solution to the Israeli-Palestinian conflict.
  • After the EU decided this week to review its cooperation deal with Israel, Albares said "we must consider sanctions, we must do everything, consider everything to stop this war"'.

Iraq’s water reserves lowest in 80 years after a dry rainy season

Baghdad, Iraq -- Iraq's water reserves are at their lowest in 80 years after a dry rainy season, a government...
  • Water is a major issue in the country of 46 million people undergoing a serious environmental crisis because of climate change, drought, rising temperatures and declining rainfall.
  • Authorities also blame upstream dams built in neighboring Iran and Turkey for dramatically lowering the flow of the once-mighty Tigris and Euphrates.

22 killed in Israeli air strikes across Gaza

The Israeli military has stepped up its Gaza offensive in recent days in what it has described as a renewed...
  • Civil defense agency spokesman Mahmud Bassal said seven people were killed in a strike on a home in Jabalia, in the north.
  • Fatal strikes were also recorded around Deir el-Balah in the center of the territory, Beit Lahia in the north, and the main southern city of Khan Yunis.