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

As Ukraine war rages, Biden team revives Asia focus

President Joe Biden was clear from the moment he entered office -- China is the main international competitor and should...
  • Biden from Thursday meets leaders of the Association of Southeast Asian Nations for a two-day summit, a sign of personal US engagement in a region full of disputes with China
  • Secretary of State Antony Blinken will soon deliver what is billed as a major speech on China, although it was recently pushed back after he tested positive for Covid

Marcos Jr eyes landslide as Philippines votes for new president

Millions of Filipinos thronged primary schools and other polling stations Monday to elect a new president, with the son of...
  • Ten candidates are vying to succeed President Rodrigo Duterte in elections seen by many as a make-or-break moment for the Philippines' fragile democracy
  • But only Marcos Jr and his rival Leni Robredo, the incumbent vice president, have a credible chance of winning

G7 countries pledge to stop Russia oil imports

The G7 club of wealthy nations committed Sunday to phasing out its dependency on Russian oil and issued a scathing...
  • The statement from G7 countries did not specify exactly what commitments each country will make to move away from Russian energy.
  • The West has so far displayed close coordination in its announcements of sanctions against Russia, but has not moved at the same pace when it comes to Russian oil and gas.

Putin vows to repeat Russia’s World War II victory in Ukraine

Our sacred duty is to hold back the ideological successors of those who were defeated" in World War II, which...
  • Putin insists Ukraine is in the grip of fascism and a threat to Russia and the Russian-speaking minority in Ukraine's east
  • Moscow will officially commemorate victory over Nazi Germany with a giant military parade on Monday

Bashar al-Assad meets Ali Khamenei, Raisi in Tehran

Syrian President Bashar al-Assad met with Iran's supreme leader Ali Khamenei and President Ebrahim Raisi during a brief visit to...
  • Tehran has given financial and military support to the Assad regime during the 11-year war
  • The relationship between Tehran and Damascus are "vital for both countries and we should not let it weaken," Khamenei said

Hundreds of Tunisians rally in support of President

Hundreds of Tunisians demonstrated Sunday in a show of support for President Kais Saied and a series of extraordinary measures...
  • Demonstrators gathered in the capital's central Bourguiba Avenue -- the epicenter of vast protests that toppled former leader Zine El Abidine Ben Ali in 2011
  • Critics have warned that Saied's moves mark a shift towards autocracy, threatening the only democracy to have emerged from the 2011 Arab Spring uprisings

Lebanese expats vote in key parliamentary elections

Lebanese expatriates in 48 countries including France and the United Arab Emirates voted Sunday ahead of the May 15 parliamentary...
  • The critical election comes amid an unprecedented financial crisis that has spurred a mass population exodus
  • The vote is the first since the onset of the economic crisis and the devastating 2020 port explosion in the capital Beirut

UN says some 12.3m Syrian children need aid

More Syrian children are in need than at any time since a devastating civil war erupted over a decade ago,...
  • Syria's war is estimated to have killed nearly half a million people and displaced millions since it began with a brutal crackdown of anti-government protests in 2011
  • Children are among the most vulnerable and the UN warned they are bearing the brunt of the impact

Rebuild or resist Israeli occupation? Hamas’s dilemma year after Gaza war

A year after its devastating war with Israel, Hamas is faced with a dilemma: to keep up the armed struggle...
  • More than 1,000 housing units and buildings in Gaza were damaged or completely destroyed by the Israeli bombardment.
  • Experts say Hamas leadership is trying to avoid further escalation and is encouraged by the decision of the current Israeli government to give more to Gaza in return for calm.

A chef who won’t give up on idea of co-existence

On May 4 of last year, star Israeli chef Uri Jeremias was at a meeting of inter-faith leaders where his...
  • Nearly three decades earlier, Jeremias had opened Uri Buri in Acre's majority-Arab Old City
  • He has always employed Arab Muslims, several of whom are now among his most senior staff

Trump administration threatens new Harvard cuts over Jewish rights

New York, United States - The Trump administration on Monday accused Harvard of violating the civil rights of its Jewish...

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VW’s 2023 operating profit $24.4bn

An increase in sales in North America and Europe lifted the profits.

Energy-related global CO2 emissions hit record levels in 2023, says IEA

PARIS, FRANCE – Energy-related carbon dioxide emissions rose to a record level in 2023, but the growth slowed from previous years...

World resource extraction could surge 60 percent by 2060, UN warns

Paris, France - Extraction of Earth's natural resources could surge 60 percent by 2060, imperiling climate goals and economic prosperity, the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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France calls for ‘independent probe’ into killing of Palestinians receiving aid in Gaza

Paris, France--France wants an independent inquiry into the deaths of scores of Palestinians during an aid delivery in the northern Gaza...
  • French foreign minister said there will have to be an independent probe to determine what happened
  • The foreign minister said that France would not apply "double standards" to the Mideast conflict

‘Difficult discussions’ as WTO talks extended for third time

The WTO -- the only international body dealing with the rules of trade between nations -- is under pressure to...
  • "Our challenge this week is to demonstrate that MC12 wasn't a one-off miracle," WTO Director-General Ngozi Okonjo-Iweala said on Monday.
  • With farmer protests sweeping Europe and India, agriculture agreements have emerged as a particularly sensitive topic of debate.

Facebook parent Meta to stop paying Australian news media

Meta had previously announced it would not renew content deals with news publishers in the United States, Britain, France and...
  • Extending a global retreat from news content, Meta said it would scrap the Facebook News tab in Australia
  • The decision had been on the cards, but will come as a hammer blow for Australian news outlets already struggling to stay afloat