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

UAE and Bahrain hold first joint naval exercise with Israel: US

The five-day maneuvers in the Red Sea, which is linked to the Mediterranean through the Suez Canal, are intended to...
  • The exercises include boarding, search and seizure training on the USS Portland, an amphibious transport dock ship.
  • The Red Sea borders Yemen where a Saudi-led coalition has been fighting alongside government forces against Iran-backed rebels since 2015.

At Raqa ’roundabout of hell’, Syria lovers find new meeting spot

Only a few years ago, Al-Naim square was the grim stage for Raqa's public executions. Today, Nader al-Hussein sits in...
  • Jihadists flaunted their implementation of Islamic sharia law in the square, carrying out flagellation, crucifixions and even decapitations
  • Their marauding morality police made it impossible for lovers to meet, even in private, without risking death

Syria reservoir dries up for the first time in 27 years

The reservoir formed by Al-Duwaysat Dam in Idlib province, a key irrigation source for thousands of farmers, is littered with...
  • The reservoir has a capacity of 3.6 million cubic meters (38.8 million square feet) and is mainly used for irrigation and water supply.
  • Around 800 families depended on the reservoir to irrigate 150 hectares (370 acres) of farmland.

President Xi Jinping warns of Cold War in Indo-Pacific region

Xi's call came hours after China and the United States announced a surprise pact to accelerate climate action at a...
  • Xi's call came hours after China and the United States announced a surprise pact to accelerate climate action at a summit in Glasgow
  • The US, Britain and Australia announced in September that they had formed a new alliance, AUKUS, under which Australia will acquire nuclear-powered submarines using US technology

Despite dangers, Iraqi Kurds crossing borders to reach Europe

About 3,000 Kurds have left the region in the past three months, of whom 1,600 have gone to Belarus on...
  • About 3,000 Kurds have left the region in the past three months, of whom 1,600 have gone to Belarus on tourist visas, according to the Kurdistan Refugee Association
  • Kurdistan, an autonomous region in northern Iraq, presents itself as a haven of relative stability, but is regularly criticised for restricting freedom of expression

Libyans traumatised after decade of conflict

The war has crippled even basic medical services, and psychological support has taken a back seat.
  • The war has crippled even basic medical services, and psychological support has taken a back seat
  • Despite a year-long ceasefire and the installation of a unity government, security remains shaky across the country and localised violence is common

Cyprus seeks to suspend asylum applications

In the first 10 months of the year, 10,868 irregular migrants arrived in Cyprus, 9,270 having illegally crossed the island's...
  • Data showed European Union member Cyprus was facing "demographic change" and "acute socio-economic effects" as a result the migrant crisis
  • The Republic of Cyprus says it has the highest number of first-time asylum applications among all 27 EU members relative to its population of roughly one million.

Apple loses bid to stall apps bypassing pay system in Epic Games case

A judge rejected Apple's request to delay letting App Store offerings bypass its payment system as ordered by the court...
  • Epic filed the lawsuit to break Apple's grip on the App Store, accusing the iPhone maker of operating a monopoly in its shop for digital goods or services.
  • The judge reasoned that Apple's policies not allowing app developers to steer users to payment platforms outside the App Store as being a factor in the "antitrust conduct."

Elon Musk loses $50 billion as Tesla shares fall for third day

Elon Musk, the CEO of Tesla lost $50 billion in two days as shares of Tesla fell for the third...
  • According to Bloomberg Billionaires Index, this is the biggest two-day fall in its history.
  • his drop in net worth of Elon Musk reduces the gap between him and Jeff Bezos, the second richest man of the world to $83 billion.

COP26 draft urges boost to emissions cutting goals by 2022

The text called for nations to "revisit and strengthen" their decarbonisation plans by next year and said that limiting heating...
  • Countries' latest decarbonization plans submitted under the Paris Agreement are likely to see Earth warm 2.7C this century.
  • The 2015 accord contains a "ratchet" mechanism requiring countries to update emissions plans every five years.

Inside Saudi’s hajj-only barbershop, shaving thousands of heads in a day

Mina, Saudi Arabia -- Near the holy city of Makkah, men in white robes stand quietly in a long queue,...

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Israel bombards Gaza’s south as leaders discuss post-war future

Netanyahu has said Israel expects the war to continue for months, but his comments on Thursday rejecting a so-called two-state...

US drone crashes in Iraq, Islamic resistance fighters claim hit

US and allied forces in Iraq and Syria have been hit by some 140 attacks since mid-October, according to the...

EU’s Borrell accuses Israel of ‘creating’ and ‘financing’ Hamas

Hamas was created in December 1987 shortly after the start of the first Palestinian intifada, or uprising, in the Israeli-occupied...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Iraq upsets Japan to sail into knockouts of Asian Cup

Doha, Qatar - Aymen Hussein scored two first-half headers as Iraq stunned Asian Cup favorites Japan 2-1 on Friday to reach...
  • Iraq -- ranked 63 in the world to Japan's 17 -- endured a nervous finish after Liverpool's Wataru Endo pulled one back in the third of eight minutes of injury time
  • It was Japan's first Asian Cup group-stage defeat in 26 matches and set them on a potential collision course with South Korea in the last 16 in Qatar

UN reports Israel arrested thousands in Gaza since war

Thousands of Gazan men may have been detained by Israeli forces since war erupted on October 7, often facing conditions...
  • The UN official said testimonies of detainees were consistent with reports that the UN human rights office has received on the detention of Palestinians on a broad scale.
  • He added that Israel had an obligation to ensure that everyone detained was treated in line with international norms on human rights and humanitarian law.

Gaza internet, telephone blackout passes one-week mark: NetBlocks

Internet services in the Gaza Strip have been constantly disrupted throughout the war, with telecom firms blaming Israel's bombardment of...
  • The United Nations has warned that the blackouts are worsening the Palestinian territory's already dire humanitarian situation.
  • At least 24,762 Palestinians, about 70 percent of them women, young children and adolescents, have been killed in Israeli bombardments and ground assaults.