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

Saudi girls dream big with launch of soccer league

A women’s football league in Saudi Arabia is set to launch on Monday.
  • Saudi Arabia's first women football club King's United was founded in 2006
  • A total of 16 teams will take part in first edition of women football league in Saudi Arabia

Doha sees roadworks, traffic jams in Qatar World Cup run-up

Development of drainage stations, water treatment plants, pumping, and rainwater drainage networks in several parts of Doha.
  • Qatar expects 1.5 million visitors for the World Cup
  • Flooded roads due to rain is a problem which confronts people in Doha

Qatar World Cup ‘unfairly treated’ on rights

There had been 'extraordinary' progress, including the introduction of a minimum wage and improvements to working conditions and accommodation, says...
  • There has been 'extraordinary' progress, including the introduction of a minimum wage and improvements to working conditions and accommodation, says Khater
  • Qatar will hold the first World Cup in the Middle East a year from now, in eight stadiums in and around the capital Doha

Iran MP’s office torched after protest remarks

Unidentified assailants torched the office front of an ultraconservative Iranian lawmaker whose recent comments on deadly anti-government protests in 2019...
  • Protesters took to the streets across Iran in November 2019 after a surprise fuel price hike, in Iran's most vocal eruption of public dissent in a decade
  • Petrol pumps were torched, police stations attacked and shops looted before security forces stepped in amid a near-total internet blackout

Hamilton hits ‘sweet’ spot to claim inaugural Qatar GP pole

Lewis Hamilton maintained the momentum from last week's stunning win in Brazil to claim pole for the inaugural Qatar Grand...
  • Max Verstappen, who leads his Mercedes rival by 14 points with three races to go, will start alongside Hamilton on the front row on Sunday
  • Hamilton's teammate Valtteri Bottas posted the third quickest time under floodlights at the Losail circuit to fill the second row with Pierre Gasly for Alpha Tauri

Austin says US capable of deploying force in Middle East

The United States warned Saturday it was capable of deploying "overwhelming force" in the Middle East as it faced questions...
  • Defense Secretary Lloyd Austin told the Manama Dialogue in Bahrain's capital that all options would be open if diplomacy fails to halt Iran's nuclear program
  • The Pentagon chief was asked why Washington did not respond to last month's drone-and-artillery attack on a base used by the US-led coalition fighting the Islamic State in Syria

India’s Reliance ditches $15bn Saudi Aramco deal

India's Reliance oil-to-telecoms giant is abandoning a $15 billion deal for Saudi Aramco to buy a 20 percent stake in...
  • The deal was announced more than two years ago by Reliance and touted as the biggest foreign investment in the company's history
  • Aramco is the world's biggest oil-producing company and vies with Apple for the title of the most valuable firm on the planet

Qatar and PSG, a lasting bond beyond the 2022 World Cup

Qatar's investment in French giants Paris Saint-Germain, and its use of the club as a central tool for the gas-rich...
  • "Close to 15 years ago Qatar did not exist in public opinion," says Lavergne. "Paris Saint-Germain is central to this policy. With the club they reach the whole world
  • The ties between Qatar and France stretch well beyond the realms of this sporting connection

Syria Kurds revive ancient rain ritual as drought bites

The "Bride of the Rain" ritual, practised for centuries by the region's Kurdish community, is traditionally performed during winter to...
  • The "Bride of the Rain" ritual, practised for centuries by the region's Kurdish community, is traditionally performed during winter to ward off drought
  • Doll made of wood and colourful fabric is paraded through the street and sprayed with water while people recite special prayers

UK moves to ban Hamas as ‘terrorist organisation’

Home Secretary Priti Patel announced the move to bring Britain into line with the United States, which designated Hamas a...
  • Patel argued an outright ban under the Terrorism Act 2000 was necessary
  • Patel earlier called Hamas "fundamentally and rabidly anti-Semitic"

Gaza rescuers say Israeli fire kills 13 including 6 near aid centre

Gaza's civil defence agency said Israeli forces killed at least 13 Palestinians on Saturday, six of them in a shooting...

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Sony ends merger deal with Zee

It pulled out of the US$10bn merger of its Indian operations.

Trump closes in on Republican presidential nomination in New Hampshire

Manchester, United States - Donald Trump aims to sew up the Republican presidential nomination after the contest narrowed to a two-horse...

Israeli strike kills Hizbollah fighter in south Lebanon

A Lebanese security official said the Israeli strike on a car in south Lebanon "killed a member of Hizbollah's protection...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Quiet and not-so-quiet luxury at Paris Fashion Week

PARIS, FRANCE - The Paris Fashion Week menswear shows draw to a close on Sunday. Here are some of the highlights...
  • Celebrity presence has always been a big part of the fashion game, with sporting tie-ups playing an increasingly big role.
  • New York label KidSuper scored big by convincing Brazilian footballer Ronaldinho to walk the catwalk.

Hamas says ‘some faults happened’ during Oct 7 attacks due to ‘chaos’

The group admitted in a 16-page report justifying the attack that "some faults happened... due to the rapid collapse of...
  • "If there was any case of targeting civilians it happened accidently and in the course of the confrontation with the occupation forces," Hamas said in the report.
  • The group said it wanted to "hold the Israeli occupation legally accountable" for the suffering it had inflicted on the Palestinian people.

UAE foreign investment projects second highest in world: UNCTAD

Abu Dhabi, UAE -- The UAE recorded the second-highest increase in the number of new foreign investment projects around the...
  • The number of these projects increased by 28 percent compared to 2022, said the UNCTAD report entitled “Investment Trends Monitor”.
  • Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, emphasized that the UAE is benefiting from the forward-looking vision of its leadership.