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

Russia to build Kazakhstan’s first nuclear power plant

Almaty, Kazakhstan - Russian nuclear energy giant Rosatom will lead the construction of the first atomic power plant in Kazakhstan,...

Exiled sculptor depicts devastation in Syria

Artist Khaled Dawwa, a Syrian exile and prison survivor who now works in France, is recreating vistas from back home.
  • Several installations by Khaled Dawwa, including one in bronze, are being exhibited for the first time this year in France
  • His street-scene artwork, he says, is an attempt to convey ‘all that is no longer there; families, memories’

Green hydrogen planes will only limit CO2 emissions: Study

If all aircraft started using green hydrogen on eligible routes, it would 'reduce aviation's carbon emissions by 31 percent in...
  • The aviation industry hopes that hydrogen planes can be use for decarbonisation
  • Airbus has targeted 2035 to bring hydrogen passenger aircraft to the market

Riyadh, Bangkok restore ties years after gem theft

Riyadh and Bangkok restored their diplomatic relation broken over jewel theft by a Thai-born janitor who stole $20 million worth...
  • Saudi Arabia and Thailand have announced they re-established their diplomatic relations, decades after a jewel theft from a Saudi palace
  • The move is the result of long-standing efforts at different levels to re-establish mutual confidence and friendly relations, they said in a joint statement

Microsoft posts strong earnings

The tech giant bought Activision Blizzard last week.
  • The US tech colossus said profit jumped to $18.8 billion in the final three months of last year
  • Microsoft investments include pouring money into the booming video game market and by extension the metaverse

Qatar emir to meet with Biden in Washington Jan 31: W.House

Qatar, a close US ally, has huge gas reserves and is the world's biggest exporter of liquefied natural gas. Biden...
  • Biden and the Gulf state leader will discuss security in the Middle East and "ensuring the stability of global energy supplies."
  • The meeting comes as Washington and its European allies are seeking to shore up energy contingency plans should Russia squeeze supplies due to tensions with the West over Ukraine

Museum pulls Arafat caricatures after outrage

The 35-piece exhibit at the museum in the Israeli-occupied West Bank, faced immediate backlash after it was installed on Sunday....
  • Activists from Fatah, the Palestinian movement Arafat founded, demanded an investigation into how the images came to be displayed.
  • In a statement, the museum insisted the images were merely artistic impressions of a revered Palestinian leader.

Iraq’s top court confirms re-election of parliament speaker

Iraq's top court on Tuesday confirmed the re-election of Mohammed al-Halbussi as parliament speaker, following appeals against its conduct, paving...
  • Two lawmakers had appealed Halbussi's re-election as speaker, a position historically reserved for Iraq's Sunni Arab minority
  • The ruling will allow the resumption of parliament sessions, and along with them deliberations over the selection of a new president

Pfizer-BioNTech Omicron vaccine trial gets underway

Pfizer and BioNTech have begun enrollment for a clinical trial to test the safety and immune response of their Omicron-specific...
  • Pfizer's CEO Albert Bourla has previously said that the pharmaceutical giant could be ready to file for regulatory approval of the shot by March
  • The trial will involve 1,420 people aged 18-55

Byzantine church comes back to life in Gaza

The remains of a fifth century Byzantine church were unveiled in Gaza on Monday following a three-year restoration project, with...
  • The remains of a church and monastery were first discovered in Jabalia, a city in northern Gaza, in 1997 over an area spanning roughly 800 square meters
  • The church floor is adorned with what Hamas officials described as "rare" mosaics, including depictions of animals, hunting scenes and palm trees

Houthi rebels lose a key district days after UAE attack

Yemen's Houthi rebels were driven out of a key district by the United Arab Emirates-trained Giants Brigade, the militia said...
  • The Iran-backed Houthis lost Harib district south of Marib, the strategically vital northern city they have been fighting to topple for months
  • The Giants Brigade said "hundreds were killed and wounded on both sides" in battles that lasted for more than two weeks

Tens of thousands dressed in red rally in Dutch protest for Gaza

Rights groups such as Amnesty International and Oxfam organized the demonstration through the city to the International Court of Justice,...

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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...

Yemeni Houthis claim missile strike on Israel

The attack was the latest in a series of drone and missile strikes launched by the Houthis since the start...

Ex-Amazon economist to head Turkey’s central bank

Erkan resigned just a week after completing a historic series of interest rate hikes that have pushed the baseline rate...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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EU gives accent to landmark rules on artificial intelligence

Brussels, Belgium - The European Union's 27 member states on Friday approved landmark rules on reining in artificial intelligence, passing a key...
  • Brussels first proposed an AI law in 2021 but spent most of last year racing to greenlight the draft text after chatbot ChatGPT exploded onto the scene.
  • EU ambassadors finally signed off on the text during a meeting Friday in Brussels, after French and German concerns were assuaged.

Jordan defeats Tajikistan to reach first Asian Cup semi-final

DOHA, QATAR - Jordan set up a semi-final against South Korea or Australia after ending Tajikistan's fairytale Asian Cup run with...

Iraq’s pro-Iran Al-Nujaba group to continue attacks on US troops

"Any (US) strike will result in an appropriate response," Al-Nujaba leader Akram al-Kaabi said in a statement, adding the group...
  • Al-Nujaba movement forms part of the Islamic Resistance in Iraq, an alliance of Iran-backed armed groups that the US has blamed for last weekend's deadly drone attack
  • Another of the alliance's factions, Kataeb Hezbollah (the Hezbollah Brigades), announced earlier this week that it was suspending its attacks on US forces in Iraq and Syria