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

Iraqi labourer preserves calligraphic art

Hussein's creations are made with a reed pen that he buys from Turkey or Iran. He sometimes sells the work...
  • Hussein's creations are made with a reed pen that he buys from Turkey or Iran
  • He sometimes sells the work for posters, shop displays and even tombstones

Iran announces anti-missile system for its tanks

On Tuesday, Iran's military fired several missiles from land and sea as part of the five-day exercise.
  • On Tuesday, Iran's military fired several missiles from land and sea as part of the five-day exercise
  • The United States said it was preparing "alternatives" in case negotiations to revive a deal to curb Iran's nuclear programme collapse in Vienna

Morocco sees room for ‘return to normal’ in German ties

Berlin's foreign ministry called Morocco an "important link between North and South, politically, culturally and economically".It also said Morocco "plays...
  • Rabat in March said it was suspending contacts with the German embassy in the North African kingdom over "deep misunderstandings" on "issues fundamental for Morocco"
  • Germany's criticism of former US president Donald Trump's recognition of Moroccan sovereignty over the disputed Western Sahara was among the apparent points of friction

Morocco marks anniversary of renewed ties with Israel

Morocco and Israel have marked the first anniversary of the US-sponsored resumption of diplomatic relations between them.
  • The rapprochement was part of a string of normalization deals between Israel and several Arab countries
  • It was brokered by the administration of then US president Donald Trump and known as the Abraham Accords

Beyonce, Jay-Z, Grande, and Billie Eilish shortlisted for Oscar

Iran's Asghar Farhad is among a select group of auteurs to have won multiple foreign film Oscars previously again makes...
  • Iran's Asghar Farhad is among a select group of auteurs to have won multiple foreign film Oscars previously again makes the cut with morality drama "A Hero."
  • The final list of Oscar nominations will be revealed on February 8, and the awards will be handed out on March 27

US top official confers with Israel, Iran on nuclear deal

Israeli Prime Minister Naftali Bennett's government has called for a halt to international efforts to revive the Iran nuclear deal....
  • Negotiations to restore the pact known as the Joint Collective Plan of Action resumed in November
  • Washington was a party to the original agreement, but withdrew under president Donald Trump in 2018

Queues grow longer at Istanbul’s discount bread shops

The queues are a worrying sight for Turkey's veteran President Recep Tayyip Erdogan, who is trying to fight inflation by...
  • Countries usually raise borrowing rates to slow spending and bring down prices -- a policy mix the Turkish leader, a pious Muslim, rejects citing Islamic laws against usury.
  • One newspaper claimed Istanbul mayor Ekrem Imamoglu was playing a "dirty game" by shutting down many of the discount bread shops, making the queues longer at existing ones.

Turkey authorizes use of domestically developed Turkovac vaccine

President Recep Tayyip Erdogan on Wednesday announced the emergency use approval of Turkey's first domestically-developed coronavirus vaccine. In June, Turkovac...
  • In June, Turkovac entered Phase III trials involving 40,800 participants in Turkey. No official data about its efficacy have been released.
  • Developers said the Turkovac vaccine works along the same scientific principles as China's CoronaVac, which Turkey has been using since the start of the year.

Saudi-led coalition rejects Iran charges on Yemen envoy evacuation

Iran's envoy to Yemen, Hassan Eyrlou, died on Tuesday despite being flown out from the Huthi rebel-held capital in a...
  • Coalition spokesman Turki Al-Maliki on Wednesday condemned Iran's "defamatory" comments.
  • Regional rivals Riyadh and Tehran support opposite sides in several conflict zones across the region, including in Yemen.

Libya vote ‘impossible’ Friday: parliament committee

The vote was intended to mark a fresh start for war-torn Libya a year after more than a decade after...
  • The vote was intended to mark a fresh start for war-torn Libya a year after more than a decade after its 2011 revolt that toppled and killed dictator Moamer Kadhafi
  • But speculation had been mounting for weeks that the poll would not take place on time, given bitter disputes over its legal basis

EU tells Israel to reverse move to cut off Palestinian banks

Brussels, Belgium -- The EU on Wednesday urged Israel to undo a move by a far-right minister that threatens to...

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Thousands march in Spain against Gaza ‘genocide’

Waving Palestinian flags and shouting slogans denouncing Israel, protestors expressed gratitude to South Africa for having brought the case against...

US troops destroy Houthi’s anti-ship missile in Yemen

US forces struck an anti-ship missile in Houthi-held Yemen that they said was ready to fire, hours after the Iran-backed...

UK expresses concern over UN court decision on Gaza

The British government said it had "considerable concerns" about a ruling by the United Nation's top court that Israel should...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Firing by gunmen in Iran leaves nine foreign nationals dead

Tehran, Iran - Gunmen in southeastern Iran near the Pakistan border killed nine foreign nationals on Saturday, Iranian media reported, more...
  • Mehr news agency said unknown armed men killed nine non-Iranians in a house in the Sirkan neighborhood of Saravan city in Sistan-Baluchistan province.
  • The Sistan-Baluchistan province has seen persistent unrest involving cross-border drug-smuggling gangs and rebels from the Baluchi ethnic minority.

Biden talks to Qatar’s emir on efforts to free Hamas hostages

The exchange came as the head of the CIA is to meet in Europe with his counterparts from Israel and...
  • Qatar, Egypt and the United States are attempting to negotiate a new truce, and Biden's Middle East envoy Brett McGurk is already in the region for talks.
  • The news outlet Axios has reported that Israel offered Hamas a two-month pause in fighting in Gaza in exchange for the release of all hostages.

Israel says will seek to stop UN agency’s activities in Gaza after war

UNRWA said Friday it had sacked several employees accused by Israel of involvement in Hamas's unprecedented October 7 attack, prompting...
  • Israel was aiming to ensure "UNRWA will not be a part of the day after", Foreign Minister Israel Katz said adding that he would try to gather support from the donors to the agency
  • Hamas on Saturday slammed Israeli "threats" against UNRWA, urging the UN and other international organizations not to "cave in to the threats and blackmail."