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

Instagram no longer accessible in Russia

The move comes after Facebook and Twitter were blocked in early March as part of sweeping efforts by Moscow to...
  • The move comes after Facebook and Twitter were blocked in early March as part of sweeping efforts by Moscow to control information available to Russians
  • Instagram appeared Monday on a list of "restricted" online resources on a list published by Russia's media regulator Roskomnadzor

160 arrests, scores of police injured in Moroccan football violence

Fights frequently break out between fans of the country's two top Casablanca clubs, Wydad and Raja.
  • Fights frequently break out between fans of the country's two top Casablanca clubs, Wydad and Raja
  • Moroccan football federation meeting is scheduled for next week to discuss the violence

Russia and Ukraine to hold talks as troops edge closer to Kyiv

Russia and Ukraine were set for a new round of talks Monday as Moscow's invading forces maintain their devastating assaults...
  • Ukrainian and Russian representatives will meet via videoconference Monday, a Ukrainian presidential adviser and a Kremlin spokesman both said
  • Talks between Kyiv and Moscow have yet to yield a ceasefire and Russian forces have shown no sign of easing their onslaught

No date set for next Iran-Saudi talks: Media

Iranian state media reported Sunday that no date has yet been set for further dialogue between Tehran and Riyadh, after...
  • The two countries have held four rounds of talks in Iraq since April aimed at restoring ties
  • Relations between the regional rivals have been severed since early 2016

Chechen strongman Kadyrov says he is in Ukraine

Kadyrov posted a video on Telegram of himself in military uniform studying plans around a table with soldiers in a...
  • Kadyrov posted a video on Telegram of himself in military uniform studying plans around a table with soldiers in a room
  • He said in a message that the video had been shot at Hostomel, an airfield near Kyiv captured by Russian forces in the first days of their offensive

44 migrants drown in boat capsize off Morocco’s coast

The European Union said this week it wanted to bolster cooperation with Morocco to stem the flow of illegal migrants...
  • Bodies of five women and two babies were brought ashore but the rest were still missing.
  • They were among 61 migrants who boarded a boat heading for Spain’s Canary Islands.

Moroccan carrier launches Israel flights after Covid delay

Royal Air Maroc took off from Morocco's economic capital Casablanca bound for Tel Aviv on Sunday, in the carrier's first...
  • Aviation sources and local media sources said a Moroccan business delegation was on the inaugural flight, delayed by three months because of the Covid-19 pandemic.
  • Israel and Morocco restored their relations under the 2020 US-backed Abraham Accords normalizing ties between the Jewish state and several Arab countries.

Qatar FM leaves for Moscow to talk Iran nuclear deal, Ukraine

Qatar's foreign minister headed for Moscow on Sunday for talks on Russia's obstruction of a new Iran nuclear deal and...
  • Sheikh Mohammed bin Abdulrahman Al-Thani was to meet Russia's Foreign Minister Sergei Lavrov and other top officials on Monday
  • Qatar, a neighbor of Iran with close ties to Washington, has been stepping up efforts to encourage the United States and Iran to move towards a new deal

Inside Germany’s secret Cold War cash bunker

During the Cold War, the German central bank stashed away almost 15 bn marks' worth of an emergency currency in...
  • A closely guarded state secret, the currency was codenamed "BBK II" and intended for use if Germany was the target of an attack on its monetary system.
  • After the Cold War, the bunker passed into the hands of a regional cooperative bank and then a real estate fund. In 2016, it was bought by German couple.

Iran hits Israeli ‘strategic center’ in Iraq’s Arbil with missiles

Iran claimed responsibility for a missile strike Sunday on the northern Iraqi city of Arbil, saying it targeted an Israeli...
  • There was no immediate reaction from Israel to Sunday's missile attack and Kurdish authorities insisted that the Jewish state has no sites in or anywhere near Arbil
  • Kurdish authorities said the target of the attack was the Arbil consulate of the United States

Tesla expected to launch long-discussed robotaxi service, will use Model Y

New York, United States -- Tesla is expected to begin offering robotaxi service Sunday in Austin, an initial step that...

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Google AI research hub in Paris to host 300 experts

The new hub part of a trend for big tech firms to base teams in European centers.

Commerzbank net profit $2.4bn

This is the bank's biggest net profit in 15 years.

99 journalists killed in 2023, 72 in Israel-Hamas war alone

"The immense loss suffered by Palestinian journalists in this war will have long-term impacts for journalism not just in the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Six crew members missing after cargo ship sinks in Marmara sea

The transport ministry said an empty life boat was found during the search. "The rescue operation continues to find six...
  • The Batuhan A, which was bringing dry cargo from Balıkesir's Marmara Island to Bursa, sank off Imrali island, south of Istanbul
  • Bursa governor Mahmut Demirtas said authorities received an "emergency" signal from the vessel but then lost contact

US allies warn Israel against ‘catastrophic’ Rafah operation

The leaders of Australia, Canada and New Zealand on Thursday warned Israel against a potentially "catastrophic" ground offensive in the...
  • In the face of mounting international pressure and a death toll that Gaza authorities say has now topped 28,000, Netanyahu has vowed to press ahead
  • Netanyahu has promised Israeli forces will soon conduct a "powerful" operation in Rafah -- a city filled with countless Gazans displaced by fighting elsewhere in the territory

Starlink satellites approved for use in Israel and Gaza

Access to reliable, high-speed internet will "enable potentially life-saving medical consultations via real-time video calling," UAE Foreign Ministry spokesperson Afra...
  • Under the deal, Starlink will support internet access at an Emirati-run field hospital in Rafah, with further expansion in the besieged territory subject to Israeli approval
  • Starlink low latency high speed connections will enable video conferencing with other hospitals and real-time remote diagnostics," Israeli Minister of Communications said