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

Struggling Libyan potters showcase wares online

The Libyan city of Gharyan sculpted a reputation for ceramics generations ago, but fragile demand is forcing potters to seek...
  • Potters in Gharyan looks to compete with products made in China, Turkey and Libya's neighbors
  • Gharyan's once-prosperous potteries struggles to keep pace with modernization

Ukraine war affects green energy transition

The EU, IEA, and NGOs stress that the development of renewable energy sources and biogas must be accelerated.
  • The global demand for the dirty fossil fuel reached a historic high in 2021 as several countries including China prefer it to pricier gas
  • Some countries could burn coal for longer, using it to transition to renewable energy sources without passing through a gas-power phase

World clamors will air hit TV series starring Zelensky

The famous TV series shows Zelensky as a high school teacher propelled to the presidency after a student's video of...
  • Broadcasters around the world have been seeking to show Zelensky's TV show 'Servant of the People' in act of solidarity with Ukrainians
  • The TV series was first aired in 2015, and its success propelled Volodymyr Zelensky to the presidency in real life

First pig heart transplant patients dies

Following surgery, the transplanted heart had performed very well for several weeks without any signs of rejection.
  • The medical team behind the heart transplant said it was 'optimistic' about the future success of cross-species organ donation
  • Official data shows that more than 100,000 Americans are waiting for an organ transplant; over 6,000 die each year before getting one

Pressure mounts on Russia as it ravages Ukraine

Video shared from a children’s hospital in Mariupol hit by shelling showed a scene of complete devastation, with the wounded...
  • A local official said the attack wounded at least 17 staff, though no deaths were immediately reported
  • Russia did not deny the attack, but accused Ukraine of using the hospital to set up firing positions from the hospital

EU parliament demands to end ‘golden passport’

The Parliament has asked member states to ban Russian applications of 'golden passport' as Russian in particular benefit from these...
  • MEPs have voted for a non-binding Bill against granting citizenship on financial grounds
  • Lawmakers in EU parliament have also demanded EU-wide rules on "golden visas"

Britain urges all G7 members to ban Russia oil imports

The US has led a Western assault on Russia's economic lifeline by banning imports of oil and gas followed by...
  • The British foreign secretary, standing alongside US Secretary of State Antony Blinken, hailed transatlantic unity against Russia
  • Blinken called absurd and offensive the Russia proposal of safe passage of Ukrainians through its own territory

Can Gulf producers tame oil prices?

However, Gulf countries have an interest in acting in coordination — both within OPEC, and with Russia-led allies in the...
  • US President Joe Biden on Tuesday announced a ban on US imports of Russian oil and gas
  • Britain said it would phase out crude imports from the country by the end of this year

Turkey hosts peace talk between Russia and Ukraine

Russia's foreign ministry confirmed that Lavrov would be attending the meeting on the sidelines of a diplomatic forum organized by...
  • Recep Tayyip Erdogan has pushed Turkey to play a mediation role between Russia and Ukraine to initiate peace talk
  • Erdogan has called Russia's invasion of neighboring Ukraine 'unacceptable', but at it did not emulate Western sanctions

New FB tools target groups

The tools help groups automatically reject posts with false info.
  • More than 1.8 billion people per month use Facebook Groups, which allow members to gather around various topics
  • Yet, critics have said the groups are ripe targets for misinformation as they sometimes have large audiences of like-minded users

Tens of thousands join pro-Palestinian marches in London and Berlin

Tens of thousands of pro-Palestinian protesters marched in London and Berlin on Saturday calling for an end to the war...

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Two children among four Lebanese killed in Israeli strikes

"A woman was killed along with her child and her stepchild in a strike that targeted Sawwaneh," while a fourth...

Erdogan’s Egypt visit aimed at rapprochement with al-Sisi

Turkey and Egypt cut ties in 2013 after Sisi, then Egypt's defense minister, ousted Islamist president Mohamed Morsi, an ally...

Higher prices boost Coca-Cola sales despite Middle East hit

Chief Executive James Quincey described consumers in North America as "holding up well," although he acknowledged "a little softening" through...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Sony hikes net profit forecast

It now predicts full-year net profit to touch US$6.1 billion.
  • The conglomerate now predicts full-year net profit of $6.1 billion
  • Sony also announced it would spin off its financial services division

Hamas heads to Cairo truce talks as Rafah braces for Israeli assault

CIA Director William Burns had joined Tuesday's talks with David Barnea, head of Israel's Mossad intelligence service, which Egyptian media...
  • A Hamas source told AFP that a delegation was headed to the Egyptian capital to meet Egyptian and Qatari mediators, after Israeli negotiators held talks with the mediators Tuesday
  • Turkish President Recep Tayyip Erdogan, an outspoken critic of Israel's conduct of the Gaza war, was also due in Cairo Wednesday for talks with President Abdel Fattah al-Sisi.

Israeli delegation departs Cairo after truce talks: media

The UN and many governments across the world have expressed alarm about the possible civilian toll of an Israeli assault...
  • An official in Israeli PM's office said the Israeli delegation was on its way back from Cairo
  • An Egyptian official told media that the talks will continue for another three days