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

Iran rejects Western ‘concerns’ over nuclear compliance

The accord between Iran and six world powers to find a long-term solution to the crisis over its nuclear program...
  • The Western statement on Saturday expressed their "determination to ensure that Iran can never develop or acquire a nuclear weapon".
  • Iran's foreign ministry said the production of uranium metal and highly enriched uranium was meant for peaceful purposes and for civilian uses.

Turkey’s Erdogan skips Glasgow climate conference

Erdogan's decision follows a crunch meeting in Rome on Sunday with US President Joe Biden, which the Turkish leader had...
  • The Anadolu state news agency did not explain why Erdogan decided not to attend
  • Turkey's parliament this year finally ratified the Paris climate agreement

IMF head urges COP26 to ramp up climate action

The world is at a turning point on climate change. IMF chief Kristalina Georgieva has urged world leaders at the...
  • The IMF chief has urged world leaders to make strong policy on climate change, calling it a grave threat
  • Kristalina Georgieva said in a blog that global policies will leave 2030 carbon emission far higher than needed to achieve current goals

‘Pointless’ dealing with Hezbollah-dominated Lebanon: Saudi Arabia

The developments, sparked by Lebanese Information Minister George Kordahi's remarks on the Yemen war, have dealt a fresh blow to...
  • Kordahi said Yemen's Huthi rebels were "defending themselves... against an external aggression."
  • The comments were aired this week but made in August, before he became a minister

UAE urges citizens to leave Lebanon ‘as soon as possible’

The move came a day after recalling its diplomats from Beirut over a Lebanese minister George Kordahi's remarks that Iran-backed...
  • Saudi Arabia on Friday gave Lebanon's ambassador 48 hours to leave the country and recalled its envoy from Beirut.
  • Bahrain and Kuwait quickly followed suit with similar measures in "solidarity" with Riyadh.

What did the G20 summit agree?

Meeting in person for the first time in two years, G20 leaders had climate change, the Covid pandemic, a tax...
  • Leaders pledged action against dirty coal plants but fell short on a target of zero emissions. Support WHO's vaccination goals.
  • An agreement that will subject multinationals to a minimum 15 percent tax approved as part of an effort to build "a fairer international tax system".

Tunisia film festival opens with ‘taboo’ abortion movie

The festival showcases 57 diverse films from 45 Arab and African countries, with screenings not only in cinemas, but in...
  • The opening film Lingui, by Chadian director Mahamat-Saleh Haroun, tells the story of a 15-year-old seeking an abortion in a country where it is condemned.
  • Entries from Arab nations include films from Egypt, Iraq, Saudi Arabia, Qatar and Yemen.

Three rockets hit near Baghdad Green Zone, none hurt

The attack, the first to target the Green Zone since July 29, comes as authorities conduct a recount of votes...
  • The rockets struck near a Red Crescent hospital, a bank and the district's water management department.
  • Preliminary results show the Conquest Alliance, the political arm of a network of pro-Iranian militias, lost ground in the election.

Iran suspects Israel and US behind fuel cyber attack

An Iranian general has said Israel and the United States were likely to have been behind a cyber attack that...
  • Tuesday's cyber attack caused traffic jams on major arteries in Tehran, where long queues at petrol stations disrupted the flow of traffic.
  • The oil ministry later took service stations offline so that petrol could be distributed manually, according to the authorities.

Taliban supreme leader makes first public appearance

Taliban supreme leader Haibatullah Akhundzada addressed supporters in the southern city of Kandahar, officials announced Sunday, his first public appearance...
  • His low profile has fed speculation about his role in the new Taliban government -- and even rumors of his death
  • There was tight security at the event and no photographs or video have emerged

Syria says Israeli strikes ‘aimed at undermining’ stability

Syria's Foreign Minister Asaad al-Shaibani condemned on Wednesday Israeli strikes in retaliation for overnight rocket fire, saying they were aimed...

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WHO official terms Gaza hospitals in ‘rapid deterioration’

Emergency medical team coordinator Sean Casey said that during some five weeks he spent in Gaza, he saw hospital patients...

Europe new car sales rebound in 2023: industry group

Automakers are facing a 2035 deadline set by the European Union to phase out sales of new combustion engine vehicles....

Samsung’s AI pivot

Part of the company's bid to reclaim smartphone throne.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Pakistan strikes ‘terrorist hideouts’ inside Iran

Iran and Pakistan routinely blame each other for allowing militants to operate from the other's territory to launch attacks, but...
  • Iranian media reported three women and four children were killed in the attack
  • The attack comes after Iran confirmed hitting "a terrorist group" late Tuesday in Pakistan

US, UK launch new strikes on Houthi targets in Yemen

A Houthi military official told the rebels's Al-Masirah TV that fighters will continue to target Israeli ships heading to "the...
  • Houthi rebels vowed to continue attacking shipping in the Red Sea in support of Palestinians
  • The US and Britain attacked nearly 30 sites in Yemen with more than 150 munitions last week

Bayer to cut jobs in Germany

The slashing of jobs follows huge third-quarter losses.
  • According to a company press release, the job cuts will be enforced immediately and completed by the end of 2025
  • The pharmaceutical giant, the makes Aspirin, employs around 22,000 in Germany and more than 100,000 worldwide