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

NATO invites Zelensky to address summit via videolink

Zelensky's spokesman Serhiy Nykyforov confirmed that the Ukraine leader would be taking part in the summit and addressing it.
  • Zelensky's spokesman Serhiy Nykyforov confirmed that the Ukraine leader would be taking part in the summit and addressing it
  • Zelensky will seek help in ending the Russian invasion, Interfax-Ukraine quoted the spokesman as saying

US less optimistic over reaching Iran nuclear deal

US optimism that a deal to restore the 2015 agreement to limit Iran's nuclear developed has soured, with the State...
  • "We are close to a possible deal, but we're not there yet," State Department spokesman Ned Price said on March 16
  • US officials said they thought Tehran would reach an agreement after Sunday's celebration of Nowruz, the Persian New Year

Biden heads to Europe to bolster West’s unity, toughen Russia sanctions

President Joe Biden leaves Wednesday for Europe on a mission to bolster Western unity, ramp up unprecedented sanctions against Russia...
  • On Thursday, Biden will attend summits with NATO, the G7 group and the European Council
  • Biden will seek to "reinforce the incredible unity we built with allies and partners."

Egypt hosts UAE and Israel leaders for three-way talks

Egypt hosted the Israeli and UAE leaders for unprecedented three-way talks Tuesday as the Ukraine war rocks energy and food...
  • The meeting, which took place in the Red Sea resort of Sharm el-Sheikh, included discussions on "energy, market stability, and food security"
  • The first three-way summit of its kind comes at a crucial time for the Middle East after Russia's invasion of Ukraine sparked concerns about stability and sent commodity prices up

Libya restarts domestic flights after two-week shutdown

Libyan authorities reopened the war-torn country's skies for domestic flights on Tuesday, an aviation official said, two weeks after they...
  • Flights between Mitiga and other Libyan airports had been suspended since March 7, after the country's eastern-based parliament appointed a rival government
  • The United Nations and Western officials had called repeatedly for the airspace to be reopened

Tesla to open Berlin factory

Elon Musk to hand over first 'made in Germany' Model Y car.
  • The electric car maker will inaugurate its new "gigafactory" near Berlin an arduous two-year approval and construction process.
  • Tesla aims to eventually employ some 12,000 workers at the site who will churn out around 500,000 Model Y cars annually.

EU split over Russia oil sanctions in face of ‘war crime’

The EU foreign and defense ministers meeting in Brussels did give the green light to doubling a financial package for...
  • The EU foreign and defense ministers meeting in Brussels did give the green light to doubling a financial package for arms to Ukraine to 1 billion euros
  • EU and Western allies have unleashed a barrage of sanctions that have battered the Russian economy as they look to punish President Vladimir Putin for invading his neighbor

Russian oligarch Abramovich’s superyacht docks in Turkey

Abramovich was among the individuals listed under new sanctions adopted by the European Union last week.
  • Abramovich was among the individuals listed under new sanctions adopted by the European Union last week
  • Western nations are impounding such assets with links to wealthy Russians as part of efforts to pressure President Vladimir Putin over his invasion of Ukraine

US drought pushes cotton prices to ten-year high

The plant fiber reached $1.3171 per pound (about 453 grams) on the key US futures contract, the highest since July...
  • The plant fiber reached $1.3171 per pound (about 453 grams) on the key US futures contract, the highest since July 2011
  • Rainfall has been exceptionally low since early January in the northwest part of Texas which produces about 40 percent of all US cotton production

Debt-ridden Evergrande urges investor ‘caution’ as audit result delayed

Evergrande has urged its investors to exercise caution as debt-ridden Chinese giant faces financial challenges.
  • Evergrande has urged its investors to exercise caution as debt-ridden Chinese giant faces financial challenges
  • Earlier, IMF warned that the property funding crisis could affect the broader economy and global markets

EU seeks Gaza progress after Israel found in breach of cooperation deal

Brussels, Belgium -- The EU said Monday that Israel must improve the humanitarian situation in Gaza or else face possible...

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Thousands take part in pro-Palestinian march in London as police arrest 12

London, United Kingdom--Tens of thousands of pro-Palestinian protesters marched in London on Saturday, with police making 12 arrests for alleged offences...

OpenAI valued at $80bn in new deal

With this deal, the value of the firm has tripled in 10 months.

UN court to weigh consequences of Israel occupation

The UN's top court will hold hearings on the legal consequences of Israel's occupation of Palestinian territories since 1967, with...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Afghanistan special envoys to meet in Doha

The UN has extended an invitation to the Taliban authorities to participate in the Doha convention, following their exclusion from...
  • The two-day meeting will discuss increasing engagement with Afghanistan and a more coordinated response to the Central Asian nation
  • UN's Working Group on Women, Peace and Security said the meeting IS an opportunity to reaffirm the rights of Afghan women are not negotiable

Prospects for Gaza truce ebb as Israel prepares to storm Rafah

Truce efforts intensified this week as Qatar and fellow mediators Egypt and the US scrambled to secure a ceasefire before...
  • Qatari PM said efforts for a truce were complicated by the insistence it involve releases of hostages
  • More people are still fleeing into Rafah, despite the risk of an imminent invasion

Not entering Rafah means losing war, says Netanyahu

Speaking at a televised news conference, Israel's Prime Minister Benjamin Netanyahu said that critics exhorting Israel not to lauch offensive...
  • Israel closest ally the US has implored it to hold off sending troops into Rafah
  • Negotiations have been going on in Cairo to try to broker a pause in the fighting