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

France votes with Macron seeking new term in tight election

Flash opinion polls conducted in the wake of first-round voting in France's presidential election Sunday forecast that Emmanuel Macron will...
  • Macron advanced to the run-off against Marine Le Pen, the far-right leader who is again forecast by polls to qualify for the second round this year.
  • Polls suggest a repeat of the Macron-Le Pen contest would be much closer this year, in line with a rightward drift among the French electorate in recent years.

Iran FM says US ‘imposing new conditions’ in nuclear talks

Iran's foreign minister said Sunday that Washington is "imposing new conditions" in the negotiations to restore the 2015 nuclear agreement.
  • "On the issue of lifting sanctions, they (the Americans) are interested in proposing and imposing new conditions outside the negotiations," IRNA quoted the minister
  • Iran has been engaged for a year in negotiations with France, Germany, Britain, Russia and China directly, and the US indirectly in the Austrian capital to revive the deal

Defiant Tunisians rally against President’s power grab

More than a thousand Tunisians rallied Sunday decrying what they said was a power grab by President Kais Saied and...
  • "Get out," protesters in the capital Tunis shouted at a rally organized by the Islamist-inspired Ennahdha party that dominated the now-dissolved parliament
  • "The people want to dismiss the president," the crowds chanted, many waving national flags. "Down with the coup"

Egypt inflation rises to 12.1 percent as foreign reserves dip

Egypt’s annual inflation rate hit 12.1 percent in March, official figures showed Sunday, as foreign reserves declined by $4 billion...
  • The latest figure marks an increase of more than two percent compared to the 10 percent inflation rate recorded in February -- already at a near three-year high.
  • The Arab world’s most populous country has been struck by mounting economic pressures since Russia’s invasion of Ukraine in late February caused global commodity price to shoot up.

Bonded by war, Syria rescuers offer tips to Ukraine

In a bombed-out building in northwest Syria, rescue workers who for years have braved Russia's war strategies film a tutorial...
  • The video which offers a range of other rescue initiatives is the latest example of how Syrians are mobilizing to share with Ukrainians knowledge gleaned from war
  • "As first responders, we believe that we can share our experiences in Syria with humanitarian aid workers in Ukraine," volunteer rescuer Ismail al-Abdullah tells the camera

Iraq cleans up river as first green projects take root

The 200 volunteers at work in Baghdad remove garbage from a stretch of one of the mighty rivers that gave...
  • The environment minister of Iraq has admitted that waste incineration's 'toxic gases affect people's lives and health'
  • Iraq's southern Mesopotamian Marshes, which suffered huge losses during the war, were named a UNESCO World Heritage site in 2016

Iraq witnesses dust storm that lands dozens in hospital

Iraq is particularly vulnerable to climate change, having already witnessed record low rainfall and high temperatures in recent years.
  • The storm erupted in the north of the country on Thursday, leading to cancellation of flights serving Kurdistan’s capital Arbil
  • As the storm swept south, it shrouded the Iraqi capital of Baghdad and cities as far south as Nasiriyah in a ghostly orange

Famine-threatened Yemen fears impact of Ukraine war

Across the MENA region, people are struggling to secure even the most basic staples in view of soaring food and...
  • More than 17 million people in Yemen face high levels of food insecurity
  • Famine conditions already afflict more than 30,000 Yemenis, UN agencies said

Civilians flee east Ukraine as Boris Johnson visits Kyiv

Evacuations resumed on Saturday from Kramatorsk, in eastern Ukraine, where a missile strike killed 52 people at a railway station...
  • US President Joe Biden accused Russia of being behind a "horrific atrocity" in Kramatorsk, and France also condemned the strike
  • Moscow denied responsibility for the rocket attack on the station, which also wounded 109 people, according to the latest official count

First private mission reaches International Space Station

Axiom sees the voyages as the first steps of a grander goal: to build its own private space station. The...
  • NASA join hands with Axiom and SpaceX to focus on more ambitious voyages deeper into the cosmos
  • ISS will carry out 25 research projects, including an MIT technology demonstration of smart tiles

Cristiano Ronaldo extends contract with Saudi Arabia’s Al Nassr until 2027

Riyadh, Saudi Arabia -- Cristiano Ronaldo inked a two-year extension with Saudi Arabia's Al Nassr, the club announced Thursday, following...

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Price of natural gas in Europe falls to a 3-year low

LONDON, UK – The price of natural gas in Europe fell again on Friday, taking it to its lowest in almost...

‘On edge of monumental disaster’: Israel hits southern Gaza

"I fear we are on the edge of a monumental disaster with grave implications for regional peace, security and human...

Shipping insurance rates soar on Red Sea missile attacks

Maritime container transport has sunk by almost one third so far in 2024 compared with a year earlier, according to...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel kills two Hizbollah fighters in drone strike

A security source said that an Israeli drone shot two guided missiles at the building in Kfar Rumman, near the...
  • Hizbollah confirmed that two of its fighters had been killed by Israeli fire
  • The Lebanese armed group said it had fired rockets at Israel in response

Houthi missile attack damages British-owned ship off Yemen

Dubai, United Arab Emirates - Yemen's Iran-backed Houthi rebels fired two missiles at a British-owned cargo ship passing through the Gulf...
  • The rebels, who control much of Yemen, have carried out months of attacks on merchant vessels in the Red Sea and the Gulf of Aden
  • The Houthis said they had also "fired a number of ballistic missiles and drones at various targets of the Zionist enemy" in the Israeli Red Sea resort of Eilat

Broad support among G20 for two-state solution in Middle East: Brazil

There was "virtual unanimity for the two-state solution as the only possible solution," Brazilian Foreign Minister Mauro Vieira told journalists...
  • "Every (minister) that addressed the issue voiced support" for a two-state solution, "and it was a lot" of ministers, he said.
  • EU foreign policy chief Josep Borrell had urged Vieira to use his closing statement "to explain to the world that at the G20, everybody was in favor of" a two-state solution.