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

Metaverse hype fuels digital-property boom

Metaverse has been a Silicon Valley buzzword for months, but interest soared in October after Facebook's parent company renamed itself...
  • As far back as 2006, a real-estate developer made headlines after making $1 million from land sold on the virtual world site Second Life
  • While Second Life remains active, proponents of its next-generation rivals are benefiting from VR technology and NFTs

Tunisia unions demand ‘roadmap’ to end state of exception

"Tunisia will not be built with individualism," UGTT secretary general Noureddine Taboubi told AFP after addressing supporters.
  • "Tunisia will not be built with individualism," UGTT secretary general Noureddine Taboubi told AFP after addressing supporters
  • Saied sacked the government, suspended parliament and assumed exceptional powers on July 25, citing an "imminent threat" to the country

Air defence test sparks loud blast near Iran nuclear site

The explosion was heard in the skies over the Iranian city of Badroud, just 20 kilometres from the nuclear plant
  • The explosion was heard in the skies over the Iranian city of Badroud, just 20 kilometres from the nuclear plant
  • But the spokesman of the Iranian army, General Amir Tarikhani, told state television there was no cause for concern

Saudi Aramco, French companies sign five agreements

“This partnership is a continuation of Aramco’s long-standing relationship with a number of leading French companies. It represents an opportunity...
  • The agreement between Aramco and Gaussin aims to establish a modern manufacturing facility for on-road and off-road hydrogen powered vehicles in Saudi Arabia
  • The signing took place during an event in Jeddah, organized by the Ministry of Investment to explore investment opportunities for French companies in the oil kingdom

US warns it will not let Iran ‘slow walk’ nuclear talks

The seventh round of nuclear talks ended Friday after five days in Vienna, with delegations returning to their national capitals...
  • "We can't accept a situation in which Iran accelerates its nuclear program and slow walks its nuclear diplomacy," said a senior US administration official
  • The official said Washington was not yet planning to walk away from the indirect talks that it resumed with Tehran last week, but hoped Iran would return "with a serious attitude."

France and Saudi Arabia to resolve Lebanon row

France and Saudi Arabia have committed to "fully engage" to resolve a diplomatic row between the Gulf kingdom and Lebanon,...
  • Macron said that he and Prince Mohammed held a joint telephone conversation with Lebanese Prime Minister Najib Mikati in an effort to resolve the crisis
  • Saudi Arabia and France "want to fully engage" on re-establishing relations between Riyadh and Beirut, the French president told reporters before his departure

Macron holds talks with Saudi Crown Prince

French President Emmanuel Macron met Saudi Arabia's de facto ruler in Jeddah Saturday to discuss regional stability, in particular crisis-hit...
  • Macron landed in the kingdom's Red Sea city after visits to the United Arab Emirates and Qatar as part of a short Gulf tour
  • Dialogue with Saudi Arabia was necessary to "work for stability in the region", Macron said on Friday

In Iraq, little people football team dreams big

Twice a week, a small football pitch in Iraq offers the 25-member national squad of little people a chance to...
  • Omar Abdel Rahman's team has set its sights on an ambitious goal: to travel to Argentina for their first international tournament
  • Despite modest means, the players come from across the country to train, leaving behind their daily troubles, discrimination and jibes

BuzzFeed to go public after raising less money than expected

American digital company BuzzFeed, known for its viral content and journalism, will go public on Monday after it initially raised...
  • BuzzFeed said it had finalized a merger with 890 5th Avenue Partners, a special purpose acquisition company (SPAC), which aims to raise funds through an initial public offering
  • Its shares are expected to start trading on the Nasdaq on Monday under the ticker symbol "BZFD"

Macron thanks Qatar for Afghan evacuations from Taliban

A flight chartered by Paris flew out 258 Afghans who were ‘particularly threatened because of their activities, especially journalists, or...
  • Qatar has played a significant role both in diplomacy and evacuations at the end of a 20-year war in Afghanistan by Western nations
  • ‘I thank Qatar for the role it has played since the start of the crisis,’ said Macron

Leaders warn race for minerals could turn seabed into ‘wild west’

Growing anxiety over Trump's unilateral push to fast-track deep-sea mining in international waters shot to the surface at the opening...

Company News

Latest News

Israel destroys Palestinian home in occupied West Bank

Basil Shehadeh was arrested on suspicion of helping two other Palestinians carry out the deadly shooting at a petrol station...

Thousands trapped as Israeli troops surround hospitals in Khan Yunis

"Heavy fighting is reported in proximity to hospitals in Khan Yunis, including Al-Aqsa, Nasser and Al-Amal, with reports of Palestinians...

QatarEnergy says Red Sea attacks ‘may impact’ gas shipments

The state-owned giant confirmed in a statement that "Qatar's LNG production continues uninterrupted, and our commitment to ensuring the reliable...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Two dead in US strikes against Iran-backed armed groups in Iraq

The US strikes come against an already explosive regional backdrop, fueled by the war in Gaza between Washington's ally Israel...
  • The strikes came just days after US troops in western Iraq were targeted with ballistic missiles and rockets in an attack the Pentagon blamed on militants supported by Tehran
  • According to Iraqi sources, US strikes targeted Ketaeb Hizbollah in the Jurf al-Sakhr area south of the capital Baghdad, as well as in the Al-Qaim region on the border with Syria

Iran’s Raisi flies to Turkey for delayed Gaza talks

Planned talks in Ankara in early January were called off when twin blasts claimed by IS group jihadists killed 89...
  • Raisi's visit to Turkish President Recep Tayyip Erdogan comes with the war in Gaza starting to enflame tensions and escalate fighting across the Middle East
  • The Turkish presidency said the two leaders would appear at a press conference after holdings talks and chairing a meeting of their top ministers during the one-day visit

ASML profit soars to US$8.5bn

It has shrugged off geopolitical tensions to post high profits.
  • Its CEO Peter Wennink said in a statement that the semiconductor industry continues to work through the bottom of the cycle
  • It is one of the top manufacturers of equipment to make state-of-the-art semiconductor chips, which power mobile phones and cars