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

Fear of sanctions a risk for Iran health rights: UN

Many banks and businesses, including pharmaceutical and medical companies around the world, over-comply with sanctions out of fear of potential...
  • In one case, this had resulted in a Swedish company halting the sale of bandages to its Iranian partner.
  • A UN expert has reached out to the Swedish company and government to address 'shortfalls' in due diligence processes.

Social unrest may spoil Mideast recovery: IMF

The fund also warned that the longer-term risk of the uneven recovery could permanently widen wealth, income, and social gaps.
  • Unemployment rates increased in MENA last year by 1.4 percent to reach 11.6 percent.
  • Nearly 80 percent of the Lebanese population lives below the poverty line and the new government struggles with falling value of currency.

Lebanon elite united against probe seen as survival threat

Lebanon's political parties seem united in rejecting an investigation into Beirut's massive port explosion that they fear could threaten their...
  • The investigation looks to shed light on the explosion of a huge stockpile of poorly stored fertilizer on August 4, 2020, in Beirut
  • The blast killed more than 210 people, wounded thousands, and ravaged half the capital

Turkey summons 10 ambassadors over Kavala release call

Activist Osman Kavala, 64, has been in jail without a conviction since 2017.
  • Activist Osman Kavala, 64, has been in jail without a conviction since 2017
  • The Turkish activist faces a string of charges linked to 2013 anti-government protests

Lebanon Hezbollah chief says movement has 100,000 fighters

Nasrallah spoke as tensions simmer in Lebanon over the fate of the judge leading a probe into a port explosion.
  • Nasrallah spoke as tensions simmer in Lebanon over the fate of the judge leading a probe into a port explosion
  • Violence broke out in the heart of Beirut Thursday after supporters of Hezbollah and Amal rallied to call for judge Tarek Bitar to step down

Who will form next government in Iraq?

A final tally from the ballot, organised to appease youth-led anti-government protests that began in 2019, is expected in the...
  • Results so far show Sadr won more than 70 of the 329 parliamentary seats
  • This coalition option would see Sadr agreeing to a compromise candidate as prime minister

10 years since Kadhafi death, stability still eludes Libya

A year-long ceasefire and a UN-led peace process have barely papered over deep divisions, and upcoming elections are unlikely to...
  • A year-long ceasefire and a UN-led peace process have barely papered over deep divisions, and upcoming elections are unlikely to resolve the crisis
  • Kadhafi ruled Libya with an iron fist for 42 years after a 1969 coup against the monarchy, portraying himself as a revolutionary

Drought-hit Iraq’s crop farmland to be halved

UN agencies have said the impact of water shortages in Iraq is becoming evident through the lower crop yields for...
  • The agricultural produce of Iraq usually includes wheat, barley, dates, tomatoes and rice.
  • The FAO estimates that "by the end of the season, wheat production will be 70 percent lower and barley production negligible."

Symbol of rebirth at Iraq’s historic Al-Nuri mosque

The historic mosque is being built under UNESCO's "Revive the Spirit of Mosul" initiative for rehabilitating Iraq's second city. UAE...
  • The 12th-century mosque, known for its leaning minaret, was severely damaged in 2017.
  • Eight Egyptian architects won an international competition to reconstruct the mosque.

150 Yemen rebels killed in strikes: Saudi-led coalition

Rebel leader Abdelmalek al-Huthi called for continued fighting, as tens of thousands of supporters marched in towns held by the...
  • The Yemeni civil war began in 2014 when the Huthis seized the capital Sanaa, prompting the Saudi-led coalition to intervene.
  • The UN last week called for a halt to fighting in Abdiya, where it said the movement of aid had been "extremely restricted".

Middle East tourism projected to reach $350 billion by 2030: ATM report

Dubai, UAE – The Middle East’s tourism sector is poised for unprecedented expansion, with a new report predicting a 50...

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China looks to woo back global elites at Davos forum

Prime Minister Li Qiang, who will make a special address on Tuesday, will be the most senior Chinese official to...

Iran Guards hit ‘terrorist’ targets in Iraq, Syria

The IRGC also hit targets in Syria with ballistic missiles, including the "gathering places of commanders and main elements related...

Big win in Iowa moves Trump closer to Biden re-match

The extent of his victory demonstrated the 77-year-old's success in turning his prosecutions into a rallying cry that has galvanized...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Iran asks US and Britain to ‘stop war against Yemen’

Tehran, Iran - Iran urged on Monday the United States and Britain to "stop the war against Yemen" following their recent...
  • "We warn America and Britain to stop the war against Yemen immediately," said Iran's Foreign Minister Hossein Amir-Abdollahian
  • The Houthis, who control large swathes of Yemen including the capital Sanaa since 2014, are part of a Tehran-aligned "axis of resistance" against Israel and its allies

Gaza war deaths top 24,000 as UN chief calls for ceasefire again

Bringing food and supplies to the besieged population of Gaza, which is increasingly at risk of famine, also depends on...
  • In a statement released with the video, Hamas said "the Zionist army's bombing" was responsible for the death of two male hostages.
  • King Abdullah II of neighboring Jordan warns that continuing Israeli attacks could cause the conflict to expand across the region.

UN wants $4.2 billion for Ukraine’s humanitarian aid in 2024

"Remember Ukraine?" UN aid chief Martin Griffiths asked as he launched the plan in Geneva. "Please do not forget Ukraine...
  • Russia's war in Ukraine is set to enter its third year in February and the UN said it was vital to maintain support to millions affected by war
  • The UN hopes to reach 8.5 million people within Ukraine and 2.3 million refugees and their host communities in eastern Europe