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

LNG projects in the Gulf of Mexico boosted as Russian gas alternative

The White House had earlier said that "federal policies are not limiting the production of oil and gas."
  • Tellurian's future liquefaction plant will export 3.6 billion cubic feet LNG per day once completed
  • The US administration has also said that supply must keep up with demand of energy for the short term

Ukraine urges China to condemn Russia attack

Russia's claim on Saturday to have unleashed its new hypersonic Kinzhal missile would mark a new escalation of its campaign...
  • In a fresh setback, Ukraine officials admitted they had ‘temporarily’ lost access to the Sea of Azov
  • However, Russia has effectively controlled the coastline for weeks after surrounding Mariupol

Houthi attack on Aramco facility in Saudi Arabia

The latest attack comes after an oil refinery in Riyadh was targeted on March 10 by a drone, an operation...
  • The Saudi-led military coalition has reported that four drones were launched by Houthi rebels into Saudi Arabia, but no casualty has been reported
  • The Houthi rebels have rejected talks — scheduled for March 29 in Riyadh — with GCC nations on the Yemen conflict

US says ‘troubled’ by Assad visit to ally UAE

Assad's surprise trip on Friday was his first official visit to an Arab country since civil war erupted in his...
  • On Friday, Assad and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al-Nahyan discussed the ‘fraternal relations’ between the two countries
  • Talks also centered on efforts to ‘contribute to the consolidation of security, stability and peace in the Arab region and the Middle East’

Cloud plaint hits Microsoft

The tech giant is being accused in Europe of stifling competition.
  • Three companies have lodged a complaint with the European Commission against Microsoft
  • They have accused the US technology giant of anti-competitive practices in its cloud services

Tehran demanded $36,500 to release UK/Iran national: family

The family of a UK/Iranian man freed this week after spending five years in a Tehran jail were forced to...
  • He flew home on Wednesday having been released along with compatriot Nazanin Zaghari-Ratcliffe after Britain reached a deal with Tehran
  • The families of both Zaghari-Ratcliffe and Ashoori believe they were being held as political prisoners until the historic debt was settled

Qatar’s Invincibles stir up World Cup hopes

When Al Sadd wrapped up a second straight Qatar title by stretching their unbeaten league run to 49 games, they...
  • Al Sadd's squad contains the bulk of Qatar's national side, as well as a former Arsenal star Santi Cazorla and ex-Premier League regular Andre Ayew
  • "Most of Al Sadd's players are internationals and this (success) stimulates enthusiasm, courage and the desire to be fully ready for the World Cup," the 24-year-old told AFP

Turkey’s Jews see glimpse of past in Netflix series

A groundbreaking Netflix series set among Turkey's Jews has been an unexpected hit there, challenging taboos and enthralling audiences with...
  • The global success of Turkish television series -- often with government-pleasing narratives -- has made the country a small-screen superpower
  • While minorities once flourished in the cosmopolitan capital of the Ottoman Empire, they suffered persecution as it fell and discrimination ever since

Ukraine offers dialog as Russia continues urban attacks

Ukraine's leader Volodymyr Zelensky made a fresh appeal for talks with Moscow on Saturday, even as the two sides have...
  • Russia's offensive remains largely stalled, with troops about 30 kilometers east of the capital Kyiv and facing heavy resistance
  • They had made no further progress into Kharkiv, which they have encircled, and Ukrainians were also defending Chernihiv

Liberal young flee to Turkey’s ‘Little Russia’

Thousands have left Russia for Turkey, many paying exorbitant airfares to reach one of the last accessible destinations as Western...
  • Thousands have left Russia for Turkey, many paying exorbitant airfares to reach one of the last accessible destinations as Western sanctions tighten
  • Some have found a place to live in the upscale Istanbul neighbourhood of Nisantasi so beloved of Turkish writer Orhan Pamuk

Iran threatens US bases in response to strikes on nuclear sites

Iran on Sunday threatened US bases in the Middle East after massive air strikes that Washington said had destroyed Tehran's...

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Fear pervades West Bank hospital after deadly Israeli raid

Jenin, Palestinian Territories - A climate of fear pervades a hospital in the occupied West Bank city of Jenin, where patients...

Tech giants sign pact against AI-made political deepfakes

Under the agreement, AI-generated content could be given a watermark or tagged in the metadata at source, although the signatories...

WTO chief insists global trade body still counts

WTO members' trade ministers have their biennial meeting in Abu Dhabi from February 26-29, at which they could put the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Missile attack targets ship off Yemen: security agencies

Friday's strike came as a US decision in January to redesignate the Houthis as "terrorists" formally came into force. The...
  • US State Department spokesperson said a missile fired from Yemen "struck the port side of the India-bound, Panamanian-flagged MT Pollux, which was carrying crude oil
  • Security firm Ambrey said the Panama-flagged tanker "sustained minor damage" in the missile strike northwest of the Yemeni coastal city of Mokha

Gaza health ministry: 5 die in Israeli-raided hospital after oxygen cut

Five patients from the intensive care unit had died "as a result of the stopping of generators that caused a...
  • The Israeli army said Thursday it had launched a "precise" operation in the hospital after receiving "credible intelligence" to suggest hostages had been held inside
  • Medical charity Doctors Without Borders said on Thursday that shelling of the Nasser hospital had forced its staff to flee, leaving patients behind

EDF’s net profit is $10.8bn

EDF cut its large debt by increasing nuclear production.
  • Sales slipped 2.6 percent to 139.7 billion euros, but the group managed to slice debt by 10 billion euros to 54.4 billion
  • EDF announced last month a fresh delay and additional costs for the giant project hit by repeated cost overruns