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

Algeria’s complex relations with former occupier

The two countries had surprisingly good relations for the first four decades, and it was only in the 1990s that...
  • French historians say half a million civilians and combatants died -- 400,000 of them Algerian -- while the Algerian authorities insist 1.5 million were killed.
  • In 2013, Algeria allowed French forces to use its airspace to reach Mali, where they were battling militants.

President Raisi of Iran arrives in Qatar for gas and nuclear talks

Iran's President Ebrahim Raisi arrived in Qatar on his first visit to a Gulf Arab state Monday for a major...
  • Raisi and Qatar's emir, Sheikh Tamim bin Hamad al-Thani, are also expected to discuss growing efforts to revive a stalled international deal to regulate Iran's nuclear program.
  • Raisi has not traveled in the Gulf region since taking office in June, and it is only his fourth trip abroad

Iranian jet fighter crashes, three killed, reports state TV

Jet fighter crashed in a residential area of the northwestern city of Tabriz.
  • Jet fighter crashed in a residential area of the northwestern city of Tabriz
  • The head of the local Red Crescent said the jet smashed into a school

Russia has lists of Ukrainians ‘to be killed or sent to camps: US warns UN

The letter, which came as Washington warned of an imminent invasion by Russia, says the United States is "deeply concerned"...
  • The letter, which came as Washington warned of an imminent invasion by Russia, says the United States is "deeply concerned" and warns of a potential "human rights catastrophe."
  • The note, signed by Bathsheba Nell Crocker, US ambassador to the UN in Geneva, warns a Russian invasion of Ukraine could bring with it abuses such as kidnappings or torture

Israel’s economy minister visits Morocco to cement trade ties

The minister is visiting Rabat, economic capital Casablanca, and tourist hub Marrakesh as well.
  • Israel Economy Minister Orna Barbivai arrived in Morocco for a visit aimed at developing economic and trade ties
  • Rabat purchased Israeli defense technology after an a visit by the Israeli defense minister in November 2021

Israel to admit unjabbed tourists as Covid cases fall

On Thursday Bennett cited a decline in infections when he announced an end to the green pass.
  • On Thursday Bennett cited a decline in infections when he announced an end to the green pass
  • Under new rules taking effect on March 1, tourists will need to take a PCR test before boarding a flight to Israel and a second one upon landing

‘Swissleaks’ investigation targets Credit Suisse bank

A cross-border media investigation broke Sunday claiming that Switzerland's second-largest bank had held tens of billions of dollars of ill-gotten...
  • A cross-border media investigation broke Sunday claiming that Switzerland's second-largest bank had held tens of billions of dollars of ill-gotten funds
  • Credit Suisse rejected the "allegations and insinuations" in a statement Sunday, saying that many of the issues raised were historical, some dating back as far as the 1940s

Moscow, Kyiv call for talks amid intense shellfire

Ukraine and Russia called for intensified diplomatic efforts Sunday to avert all-out war, each blaming the other for a sharp...
  • Macron and Putin then spoke for a second time late Sunday, the French presidency said
  • Macron and Putin then spoke for a second time late Sunday, the French presidency said. Washington is warning a Russian invasion of Ukraine is imminent

Iran MPs demand Western guarantees in nuclear talks

Iranian MPs urged the government Sunday to secure Western guarantees at Vienna talks to restore the 2015 nuclear deal, state...
  • In a letter addressed to President Ebrahim Raisi and read at parliament, 250 MPs out of the 290-strong assembly, set out several conditions for reaching a deal.
  • It came amid growing signs over the weekend that a deal could be struck between Iran and world powers, including the United States.

Iranian teachers protest in many cities for better salaries

Thousands of Iranian teachers have protested in more than 100 cities against delays in salary and pension reforms, a local...
  • The teachers have for months demanded that the government speed up the implementation of reforms that would see their salaries better reflect their experience
  • The demonstrators have also demanded that their pensions be aligned with those of other public sector employees

Trump weighs involvement as Israel launches fresh strikes on Iran

The White House said Trump would receive an intelligence briefing on Thursday, a US holiday and top US diplomat Marco...

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Crippling Israeli restrictions throw West Bank life in disarray

The number of checkpoints and barriers in the Palestinian territory has greatly increased since October 7, adding hours to already...

Hermes profit soars 28 percent

The luxury giant posted a profit of US$4.6bn in 2023.

Saudi hosts Arab diplomats for Gaza talks after Blinken tour

Saudi Arabia, home to the holiest sites in Islam, has never recognised Israel, though officials were considering doing so before...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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L’Oreal net profit jumps 8.4%

The company's profit surged to US$6.8bn last year.
  • The cosmetics giant in statement said its net profit jumped to $6.8 billion while sales grew 7.6 percent
  • In North Asia, its sales fell 5.8 percent to $11.52bn, but in South Asia sales jumped 23.2 percent to $3.66bn

Russia cannot be defeated in Ukraine: Putin

During a two-hour long interview with the former Fox News host Tucker Carlson, Russia's President Vladimir Putin defended his decision...
  • It was the first interview of Putin by a Western journalist since 2019
  • Putin said a deal "can be reached" on imprisoned Wall Street Journal reporter

Palestinian official says Hamas still seeks truce despite Israeli denial

"We expect the negotiations to be very complex and difficult but Hamas is open to discussions and the movement is...
  • Israel's Prime Minister Benjamin Netanyahu on Wednesday dismissed the organization's ceasefire proposal, calling it "bizarre".
  • The Palestinian official said a Hamas delegation would meet Egyptian officials in Cairo from Thursday to again discuss the details of ceasefire.