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

OpenAI enlists iPhone designer to create ideal device for using AI

New York, United States -- ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget...

Women attend Iran-Iraq match in Tehran stadium

The last time Iranian women were allowed to attend a football match of their national team, after decades of being...
  • FIFA ordered Iran in September 2019 to allow women access to stadiums without restriction and in numbers determined by ticket demand
  • A month later, women were able to attend the 2022 World Cup qualifying match between Iran and Cambodia in the Azadi Stadium

Not selling NFTs, says Picasso family

They said the only work being auctioned was by Picasso’s great grandson Florian and his collaborators.
  • The assertion followed an interview with Picasso’s granddaughter Marina and her son Florian
  • They apparently planned to auction 1,000 digital copies of a ceramic bowl Picasso painted in the 1950s

Apple hits revenue record

The expectations-beating results offered signals that the coronavirus-era tech boom may not be quite over yet.
  • The expectations-beating results offered signals that the coronavirus-era tech boom may not be quite over yet
  • Smartphone sales topped $71 billion, buoyed by strong demand for the iPhone 13 line, especially in China

Morocco starts construction of anti-Covid vaccine plant

Home to 36 million inhabitants, Morocco is hoping that its vaccination drive will help eradicate Covid-19. More than 23 million...
  • The factory to be known as Sensyo Pharmatech will produce vaccines against coronavirus and other diseases
  • It was launched in Benslimane, a region of Morocco's economic hub Casablanca during a ceremony attended by King Mohammed VI

Morocco to end flight ban, in place since November: Official

A government statement published by the country's official MAP news agency said that the ban would end on February 7.
  • A government statement published by the country's official MAP news agency said that the ban would end on February 7
  • The decision followed "the evolution of the epidemiological situation in the kingdom", the statement said

Rare Mideast snow brings joy and misery

Snow carpeted Jerusalem and the eastern Mediterranean as a rare storm turned the Holy City into a winter wonderland but...
  • The cold snap, which has already caused major disruption in Athens and Istanbul, saw heavy snowfall in areas better known for their summer heat.
  • In crisis-hit Lebanon, refugees and Lebanese alike struggled to secure fuel for heating as severe weather blocked mountain roads and left Syrian refugees shivering in flimsy tents.

Auto alliance to invest $25 bn

The investment in electric vehicles spread over next 5 years.
  • Nissan, Renault and Mitsubishi Motors said the latest outlay followed $11 billion already spent on its "offensive strategy in electrification".
  • The alliance vowed to boost cooperation by using five common manufacturing platforms for most models.

More than 200 new species found in Mekong region: WWF

Scientists discovered more than 200 new species across the greater Mekong region in 2020, according to a WWF report, despite...
  • The finds include a new primate, a colorless cavefish and an iridescent snake with an unusual non-overlapping pattern of scales.
  • The greater Mekong region, with landscapes ranging from jungles to mountains and karst formations, is a hugely important biodiversity hotspot.

Erdogan vows punishment over alleged insult by journalist

"This offence will not go unpunished," Erdogan said in an interview aired on private television channel NTV.
  • "This offence will not go unpunished," Erdogan said in an interview aired on private television channel NTV
  • Police detained Sedef Kabas at her home at 2:00 am on Saturday, just hours after she aired the comments and then posted them on Twitter to her 900,000 followers

iPhone retakes top spot in China

iPhone accounted for 23% of the market in Oct-Dec.
  • A surge in sales saw the iPhone maker account for 23 percent of the highly competitive market in October-December
  • A surge in sales saw the iPhone maker account for 23 percent of the highly competitive market in October-December

Trump pocketed over $57 mn from crypto coin sales

New York, United States -- US President Donald Trump pocketed more than $57 million from token sales by the crypto...

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US downed 8 drones off Yemen, hit 4 on ground

Washington, US - American forces shot down eight drones near Yemen and destroyed four more on the ground, the US military...

Displaced Lebanese lament bombed homes, lost livelihoods

Tyre, Lebanon - When Ines Tehini and her family fled their south Lebanon village after Hizbollah and Israel began exchanging fire...

Egypt forms review team on restoring pyramid after outcry

Cairo, Egypt - Egypt's antiquities ministry said on Saturday it was setting up a committee to review the restoration of Giza's...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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No Middle East escalation, urges EU foreign policy chief after US strikes

European Union foreign policy chief Josep Borrell called on all parties to avoid further escalation in the Middle East after...
  • US President Joe Biden vowing more attacks in retaliation for a deadly drone attack on an American base in Jordan.
  • The EU is aiming to launch a naval mission in the Red Sea later this month to help protect international vessels from attacks.

Deadly strikes hit ‘pressure cooker’ Rafah ahead of Gaza truce push

Hundreds of thousands of displaced Palestinians have fled south to Rafah since the outbreak of the war, with the former...
  • An AFP journalist in the city heard powerful explosions shortly after midnight on Saturday, with the Hamas-run health ministry later reporting 14 people killed in two strikes there
  • Antony Blinken will travel to the Middle East again in the coming days to press a new proposal involving the release of Israeli hostages in return for a pause in Gaza fighting

Damascus says US occupation of Syrian territory ‘cannot continue’

The United States has some 900 troops in Syria and 2,500 in neighboring Iraq as part of an international coalition...
  • The overnight strikes killed "a number of civilians and soldiers, wounded others and caused significant damage to public and private property", the Syrian military said
  • The United States blamed Sunday's drone attack in Jordan on Iran-backed groups, but did not strike inside Iranian territory