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

Israel army says shelling Syria after projectiles launched

The Israeli military said it was shelling targets in Syria on Tuesday in response to a pair of projectile launches,...

Turkey’s hazelnut farmers blame Nutella for their meagre pay

The world-famous spread is made by Italy's Ferrero confectionary, Turkey's top hazelnut purchaser. The global giant's other sweets include Ferrero...
  • The little heart-shaped nut in Turkey accounts for 82% of global exports
  • Ferrero has six facilities in Turkey, where it has been sourcing hazelnuts

Turkey urges Armenia to mend ties with Azerbaijan

On a visit to Azerbaijan on Tuesday, Turkey set out conditions if Baku wanted better ties with Ankara.
  • Turkey and Armenia have no diplomatic relations, and a closed frontier
  • They also have a history of hostility rooted in massacres of Armenians under the Ottoman Turks during World War I

Alphabet posts $18.9 bn profit

Google remains a centerpiece of online activity.
  • Google remains a centerpiece of online activity, with offerings such as its search engine, ad marketplace, and YouTube video platform
  • The surge in Alphabet's earnings comes as the tech giant faces increased scrutiny from regulators regarding its power

Iran blames cyber attack as fuel supply hit

Details of the attack and its source are under investigation, state TV added, without giving further details.
  • Details of the attack and its source are under investigation, state TV added, without giving further details
  • Tuesday's disruption had an unprecedented impact because it blocked the IT system that allows Iranians to fill their tanks for free

US denounces Israeli settlements in Biden’s reversal of Trump’s policy

The reaction comes after four years under Donald Trump in which the United States offered a green light to Israel's...
  • The State Department under Biden had repeatedly warned against settlement construction
  • Palestinian prime minister Shtayyeh had urged Washington to "confront" Israel on the settlements

UN censures Israel for banning Palestinian groups

Israel's designation of six leading Palestinian civil society groups as outlawed "terrorist organizations" is an unjustified attack, the UN human...
  • The Jewish state said its move last week was due to their alleged financing of the Popular Front for the Liberation of Palestine
  • "The crucial work they perform for thousands of Palestinians risks being halted or severely restricted"

Iraq blames Iran for river flow decline that hit power generation

The drop in the water levels of the Sirwan river, which begins in Iran and flows through the Darbandikhan dam...
  • The Darbandikhan dam in Iraq has this year received 900 million cubic meters of water, well below the annual average of 4.7 billion cubic meters
  • The decline had led to a 30 percent fall in electricity production from the dam

‘Facebook Papers’ hit as platform earns billions

Facebook executives say the profits could have been even more if not for Apple updating its iPhone operating system to...
  • Facebook has been hit by a crisis after a former employee leaked papers showing the company prioritized profit over users interest.
  • A report said teenage users of the Facebook app in the US had declined by 13 percent since 2019 and were projected to drop 45 percent over the next two years.

Qatar says won’t muzzle F1 drivers over human rights

The country has been the target of protests by several football teams over its treatment of foreign workers. Its motorsports...
  • We are happy to support the drivers to speak their minds on their platforms, said Abdulrahman Al Mannai, president of the Qatar Motor and Motorcycle Federation.
  • Qatar has removed rules that barred workers from changing employers, scrapped exit permit requirements and introduced a minimum wage of $1.30 an hour.

Qatar pledges ‘equal citizenship’ after vote controversy

Sheikh Tamim bin Hamad Al-Thani told lawmakers that he had instructed the authorities to give voting rights to those excluded...
  • Only descendants of Qataris who were citizens in 1930 were eligible to vote and run for 30 of the 45 seats in the Shura Council polls
  • This effectively disqualified members of families naturalized since 1930

Israel arms exports to UAE, Bahrain, Morocco rise sharply after 2023

Sales to countries considered part of the Abraham Accords -- the United Arab Emirates, Bahrain and Morocco who signed groundbreaking...

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Money weighs on would-be Chinese parents as population falls

Long alarmed by falling fertility, the government has relaxed its decades-long one-child policy in recent years to allow three children...

Israeli army shoots seven Palestinians dead in West Bank

Since the start of the Israel-Hamas war in Gaza on October 7, the West Bank has experienced a level of...

WTO head ‘less optimistic’ for world trade due to Red Sea strikes

The head of the international trade body said weaker global economic growth, "worsening geopolitical tensions, the new disruptions we see...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Turkey’s first astronaut brandishes Erdogan’s ambitions

Erdogan has displayed a keen interest in the mission, which comes against the backdrop of a raging economic crisis and...
  • Alper Gezeravci, a fighter pilot and colonel in Turkey's air force, is due to take off on Wednesday from the Cape Canaveral Space Force Station in Florida for a two-week mission
  • He will be joining Swedish, Italian and Spanish astronauts aboard a shuttle provided by the private Axiom Space company, which will be conducting its third flight with NASA

Al Jazeera bureau chief leaves Gaza

Scenes of Dahdouh mourning his family and fleeing on foot from Gaza City have been broadcast globally over the weeks...
  • Dahdouh said he is due to travel onwards to Qatar where he will undergo surgery for a wound sustained in an Israeli strike last month
  • Khaled Elbalshy, head of the Egyptian journalists' syndicate, said the organization had spoken to Dahdouh after he left Gaza

Millions of Afghans go hungry as winter cold bites

Once flush with humanitarian aid following the US-led invasion of the country, funding to Afghanistan has plummeted since the Taliban...
  • Funding shortages have forced WFP to tighten the criteria for aid handouts, with just six million people eligible for emergency assistance in food, cash or vouchers
  • Today, approximately 85 percent of Afghans live on less than $1 a day, according to the UN, with extreme poverty found in both rural and urban areas