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

U.S. rejects surprise Poland offer of jets for Ukraine as not ‘tenable’

NATO has already cleared that it does not want direct conflict with Russia and President Joe Biden has ruled out...
  • Earlier Antony Blinken has said that Washington was “actively” looking at a deal with Poland to provide Ukraine with the MiG-29s
  • NATO has already cleared that it does not want direct conflict with Russia and President Joe Biden has ruled out sending U.S. troops into Ukraine to fight.

Lacking oversight, Telegram thrives in Ukraine disinformation battle

Telegram's founder Pavel Durov has accepted that "Telegram channels are increasingly becoming a source of unverified information related to Ukrainian...
  • The fake account of Ukraine's President which was asking Ukrainian forces to surrender reached 20,000 followers on Telegram before it was suspended by the company
  • Telegram decided not to restrict its access in Russia and Ukraine territory as many users complained that it's an important source of information

US intel paints Putin as aggrieved, angry over Ukraine war

The long-standing president in Moscow has been "stewing in a combustible combination of grievance and ambition for many years," CIA...
  • The long-standing president in Moscow has been "stewing in a combustible combination of grievance and ambition for many years," CIA Director William Burns told US lawmakers
  • He called the invasion of Ukraine a matter of "deep personal conviction" for Putin, his latest defiant clash with Europe and the United States

Airbnb users send money to Ukraine through reservations

About 28,000 Airbnb hosts around the world, including 2,800 in France, are currently offering accommodation for refugees.
  • About 28,000 Airbnb hosts around the world, including 2,800 in France, are currently offering accommodation for refugees
  • donations of more than $1.2 million have poured into its refugee fund, the company told AFP

Jordan prince apologizes to king for 2021 palace crisis

Hamzah, whom the king sidelined as heir to the throne in 2004, accused Jordan’s rulers of corruption and ineptitude in...
  • Hamzah, whom the king sidelined as heir to the throne in 2004, accused Jordan’s rulers of corruption and ineptitude in a video message posted by the BBC
  • In April last year, Jordanian authorities announced they had foiled a bid to destabilize the pro-Western kingdom and had arrested 18 suspects, though most were later released

McDonald’s, Coca-Cola join US firms halting Russia operations

Several of these companies, symbols of American cultural influence in the world, have been the subject of boycott calls on...
  • Several of these companies, symbols of American cultural influence in the world, have been the subject of boycott calls on social media
  • Starbucks, Coca-Cola and PepsiCo announced their own decisions to halt or restrict business in quick succession, noting the growing human cost of the invasion

US stresses support for Morocco over W. Sahara

"We continue to view Morocco's autonomy plan as serious, credible and realistic," US Deputy Secretary of State Wendy Sherman said...
  • "We continue to view Morocco's autonomy plan as serious, credible and realistic," US Deputy Secretary of State Wendy Sherman said during a visit to the US ally
  • Sherman voiced support for Staffan de Mistura, the UN's Western Sahara envoy, who is working to revive a peace process that has been stalled since 2019

France says ‘worried’ about ‘delays’ to Iran nuclear deal

France warned Tuesday that further delays could stymie a revived nuclear agreement between world powers and Iran, with the West...
  • “We are very close to a deal,” but Paris is “very worried about risks that further delays could weigh on the chances,” a foreign ministry spokeswoman told reporters
  • Moscow is a direct party — along with Britain, China, France and Germany — to the ongoing talks in Vienna aimed at reviving the 2015 nuclear deal

Two Revolutionary Guards killed in Israeli Syria strike: Iran

Both Iran and Russia have provided financial and military support to President Bashar al-Assad's regime since Syria's conflict began in...
  • Both Iran and Russia have provided financial and military support to President Bashar al-Assad's regime since Syria's conflict began in 2011
  • On Monday a war monitor, the British-based Syrian Observatory for Human Rights, said Israeli strikes killed two pro-Iran militiamen and wounded six others

Western nations halt Russian oil as Ukrainians flee

The United States led a Western assault on Moscow's economic lifeline Tuesday, banning imports of Russian oil as civilians fled...
  • Britain said it would phase out Russian oil by year's end while oil giants BP and Shell announced an immediate halt to Russian oil and gas
  • The latest Western strike at Russia's economy came as the United Nations said more than two million civilians have flooded across Ukraine's borders

Yemen’s Huthis threaten to attack US ships if it strikes Iran

Yemen's Huthi rebels threatened on Saturday to attack US vessels in the Red Sea, despite a recent truce, should Washington...

Company News

Latest News

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...

AI giants to unveil pact to fight political deepfakes

The idea comes as big tech companies are under considerable pressure over fears that AI-powered applications could be misused in...

Al Jazeera condemns Israel ‘targeting’ Gaza journalists

Reporter Ismail Abu Omar's life is at risk and cameraman Ahmad Matar was severely wounded when the pair were hit...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Boeing expects Q1 hit from MAX troubles

The airline backs intensified oversight from the FAA.
  • The company said it will support oversight from the Federal Aviation Administration after a near-catastrophic Alaska Airlines incident
  • The Federal Aviation Administration grounded more than 170 MAX 9 planes for about three weeks. after the Alaska Airlines emergency

EU excuses Apple and Microsoft products from tougher tech curbs

Brussels, Belgium - Apple's iMessage and Microsoft's Bing search engine got a reprieve from tougher EU rules curbing how tech titans...
  • "We thank the Commission for agreeing with us that iMessage should not be designated under the DMA (Digital Markets Act)," an Apple spokesperson said
  • The EU has built a powerful legal arsenal to take on the internet giants, including the DMA and its sister milestone law, the Digital Services Act (DSA)

Riyadh to host Saudi’s first snooker event in 2024

London, UK - Saudi Arabia will stage its first ranking snooker event in 2024, with a prize pool of more than...
  • The inaugural Saudi Arabia Snooker Masters will trail only the World Championship in terms of prize money
  • A 10-year deal has been agreed for the event, which will take place from August 31 to September 7 in Riyadh