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

Uneasy NATO wait ahead for Finland and Sweden

Once a country has decided to apply for NATO membership, the 30 members of the alliance must agree unanimously to...
  • Boris Johnson Wednesday signed a Political Declaration of Solidarity, including military means with Finland and Sweden
  • NATO's 30 member states would ratify the decision of granting membership to Finland and Sweden for the Western military alliance

Spain, Morocco agree to reopen enclave land borders

The move helps draw a line under a major diplomatic standoff on the back of coronavirus restrictions that together closed...
  • The borders closed last year when Spain allowed the leader of a Western Saharan independence movement to be treated in a Spanish hospital
  • Around 10,000 migrants crossed the Moroccan border into Ceuta as border forces looked the other way, in an apparent punitive gesture by Rabat

US nears 1m Covid dead, as New York seeks to move on

America recorded its first coronavirus death, on the West Coast, in early February 2020. By the next month, the virus...
  • The US has recorded a rise in the number of daily virus cases in recent weeks due to the new Omicron subvariant and the lifting of mask mandates
  • Ideological clashes in public over curfews, mask mandate, and vaccine mandates resulted in the country hitting the highest death toll in the world

World’s biggest YouTuber PewDiePie moves to Japan

The 32-year-old has a huge online following, with 111 million subscribers on YouTube, but has faced controversy over offensive jokes...
  • PewDiePie has landed himself in hot water several times, including for videos containing anti-Semitic remarks and racial slurs
  • In 2016, the YouTuber was temporarily blocked from Twitter after he joked that he had joined the Islamic State group

Google making smartwatch in ‘ambient’ computing push

Google is also working on a Pixel tablet computer, which is expected to be released next year.
  • Google will launch the Pixel Watch and a new premium Pixel 7 smartphone by the end of 2022, with pricing and other details to be disclosed closer to the launch
  • Google's first Pixel smartwatch is expected to integrate health features from Fitbit, which Alphabet bought for $2.1 billion in 2021

Disney profit slips in Q1

The company’s streaming service gained 7.9 million more subscribers.
  • The entertainment giant reported net income of $470 million, just over half of the $912 million profit it made in the same period a year earlier
  • But park attendance that had fallen due to the pandemic rebounded and the Disney+ television streaming service gained 7.9 million subscribers to 137.7 million

Russia slaps sanctions on Western energy firms

The sanctions include a ban on transactions and the entry into Russian ports of vessels linked to the affected companies.
  • The sanctions target 31 companies, most belonging to the Gazprom Germania group of subsidiaries of Gazprom
  • The sanctions also affect Poland's EuRoPol GAZ SA, the owner of the Polish part of the Yamal-Europe gas pipeline

Saudi Aramco overtakes Apple as world’s most valuable company

The Saudi Arabian national petroleum and natural gas company, billed as the largest oil producing company in the world, was...
  • Oil giant recently reported a 124 percent net profit surge for last year, hours after Yemeni rebels attacked its facilities causing a "temporary" drop in production
  • Aramco president and CEO Amin Nasser cautioned that the company's outlook remained uncertain due in part to "geopolitical factors."

Apple looks to foil secret AirTag tracking with tweaks

Apple said it is working on enabling iPhones to more precisely locate AirTags to help people find any planted without...
  • AirTags can be used for synching wirelessly to iPhones, iPads or iPod Touch devices to signal where it can be found
  • Reports surfaced of AirTags being secretly stuck on a car to later steal it or find out where the owner is headed to

Iran archeologists stand against antiquities trade bill

46 out of 290 MPs in Iran proposed the draft law earlier this week, dubbed the "optimal utilization of ancient...
  • Iranian lawmakers said they hope to turn Iran into a "regional center" for antiquities trade
  • Local media regularly report arrests of individuals accused of smuggling artefacts out of the country

Israel expands Gaza campaign ahead of Netanyahu’s US visit

The intensified operations came after days of mounting calls for a ceasefire, with US President Donald Trump -- whom Netanyahu...

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Conservatives tipped to win in Iranian elections as counting begins

Tehran, Iran - Iran began counting ballots on Saturday after a vote for parliament and a key clerical body, with local...

Three Hizbollah fighters killed in Israeli strikes on Lebanon

An Israeli strike on a car in south Lebanon killed three Hizbollah fighters, a security source said, the latest in...

AU head seeks probe into massacre of Gazans waiting for aid

Nairobi, Kenya - African Union chief Moussa Faki Mahamat on Saturday accused Israel of "the mass killing of Palestinians" and urged...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Gaza officials report 4 more child malnutrition deaths

Global attention turned to the dire humanitarian conditions in Gaza on Thursday, when the health ministry said more than 100...
  • Gaza health ministry spokesman Ashraf al-Qudra said in a statement, noting that the number of child "malnutrition and dehydration" deaths now totaled 10
  • Earlier Friday, a spokesman for the UN humanitarian agency OCHA told reporters that "if something doesn't change, a famine is almost inevitable" in Gaza

US forces destroy Houthi surface-to-air missile: CENTCOM

The Iran-backed Houthis, who control much of war-torn Yemen, have been attacking shipping in the Red Sea since November in...
  • On Friday afternoon, US "forces conducted a self-defense strike against one Houthi surface-to-air missile that was prepared to launch," CENTCOM said
  • The United States is spearheading a naval coalition to protect vessels in the vital waterway, and has conducted air strikes in Houthi territory, alongside Britain

Asia’s richest man takes global rich to the zoo

The three-day gala -- which saw "Umbrella" singer Rihanna perform on Friday for the first time since last year's Superbowl...
  • Pop icon Rihanna and Facebook founder Mark Zuckerberg are among the rich and famous guests who jetted in for a three-day celebration hosted by Mukesh Ambani
  • Indian media reports said the Ambani family will on Saturday host a "Walk on the Wildside", an event held outdoors in the Anant Ambani's animal rescue center