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

EU envoy to visit Iran amid nuclear talks push

Enrique Mora's visit is a follow-up to consultations between the two sides on matters of shared interest, particularly Iran-EU relations,...
  • The nuclear deal has been on life support since 2018 when then US president Donald Trump unilaterally pulled out.
  • Mora's trip to Tehran comes amid mounting pressure from EU countries as well as the US for a swift resumption of talks.

Asian traders move cautiously ahead of inflation release

With the world's top economy well on the recovery track, the US central bank has already signalled it will begin...
  • With the world's top economy well on the recovery track, the US central bank has already signalled it will end the financial support put in place at the start of the pandemic
  • The prospect of higher borrowing costs has put the brakes on a rally across global markets that has run for about a year and a half

Tunisia, Morocco hoteliers eye an end to Covid woes

Tunisia found itself on European nations' red lists, making it virtually impossible for holidaymakers from major markets including France, Germany...
  • In a good year like 2019, Tunisia registers about nine million hotel stays, and the tourism sector accounts for up to 14 percent of GDP.
  • Roughly 3.5 million visitors entered Morocco by the end of August, up from 2.2 million the year before.

Simulating Mars base in Israeli desert

The Austrian Space Forum has set up a pretend Martian base with the Israeli space agency at Makhtesh Ramon, a...
  • The Austrian Space Forum has set up a pretend Martian base with the Israeli space agency at Makhtesh Ramon, a 500-metre deep, 40 kilometre wide crater
  • The six so-called "analogue astronauts" will live in isolation in the virtual station until the end of the month

Kuwait allows women to join military in combat roles

Defence Minister Hamad Jaber al-Ali al-Sabah said the door had been opened for women to join various combat ranks, including...
  • Defence Minister Hamad Jaber al-Ali al-Sabah said the door had been opened for women to join various combat ranks, including as officer
  • He expressed confidence in women's "capabilities... and their ability to endure hardship."

Apple cuts iPhone 13 output forecast on chip shortage: report

Apple is unlikely to meet production goals for its new iPhone before the holidays because of a global electronic chip...
  • The firm will have to settle for 80m against the planned 90m iPhone 13s.
  • Chip shortages were affecting all parts of the industry, not just Apple, said Apple chief Tim Cook.

World’s clean energy transition ‘too slow’: IEA

Not enough investment is being pumped into meeting future energy needs and the uncertainties are setting the stage for a...
  • Investment in clean energy projects and infrastructure would need to be more than trebled over the next decade if energy pledges are to be met.
  • Two scenarios analyzed by IEA say global temperatures would be above 2 degrees Celsius if the world wants to achieve 1.5 degrees Celsius.

US calls new Tunisia government ‘welcome step’

The new government, which includes 10 female ministers, is a welcome step forwards towards addressing the significant economic, health and...
  • Najla Bouden, the North African country's first female prime minister, has vowed to put a priority on fighting corruption
  • The move drew mixed reactions from democracy advocates as President Kais Saied pared down the powers of the PM's office

Beirut blast judge forced to pause probe

It is the second time Bitar has had to suspend the investigation in the face of lawsuits filed by former...
  • Bitar's predecessor, Fadi Sawan, was forced to suspend his probe for the same reason before he was finally removed in February.
  • Lebanon is yet to identify a single culprit in the tragedy that killed more than 200 people and destroyed swathes of the capital.

China pledges $233 million to global biodiversity fund

Beijing -- the world's biggest polluter -- has sought to play a more prominent role internationally on biodiversity conservation in...
  • Beijing -- the world's biggest polluter -- has sought to play a more prominent role internationally on biodiversity conservation in recent years
  • Its pledge came as delegates from about 195 countries gathered in the southern Chinese city of Kunming for the first of a two-part summit on safeguarding ecosystems

Father of six killed ‘for piece of bread’ during Gaza aid distribution

Cries of grief echoed across southern Gaza's Nasser Hospital Monday as dozens came to mourn Hossam Wafi, after the father...

Company News

Latest News

Israel ‘failed’ in Gaza and will negotiate: Nasrallah

Hizbollah chief Hassan Nasrallah declared that Israel has not achieved any "real victory" in 100 days other than killing. In...

Five killed in clashes near Lebanon border

JERUSALEM -  Three fighters who crossed into Israel from Lebanon and two Israelis were killed in clashes and a strike...

China FM in Egypt calls for Gaza ceasefire, Palestinian statehood

In a press conference with his Egyptian counterpart Sameh Shoukry, Chinese foreign minister Wang Yi said, "It is necessary to...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Ronaldo effect? Saudi spending spree fuels Asian Cup hopes

Saudi Pro League sides have shelled out to lure big-name players while Saudi Arabia is set to host the 2034...
  • Mancini left more than a dozen of the World Cup squad out of his Asian Cup roster, although injuries have also played a part.
  • Saudi Pro League clubs' spending on players over the summer was topped only by the English Premier League.

US targets Houthis in new strikes over Red Sea threat

Violence involving Iran-aligned groups in Yemen, Lebanon, Iraq and Syria has surged since the war in Gaza began in early...
  • The strikes came a day after US and British forces hit scores of targets across the country
  • The US Central Command said its forces attacked a Houthi radar site early on Saturday

Netanyahu vows ‘no one will stop us’ as war enters 100th day

Israel vowed to destroy Hamas and launched a relentless bombardment that has killed at least 23,843 people, mostly women and...
  • The conflict has triggered a humanitarian crisis, with more than 23,000 people reported killed in Gaza
  • Fresh strikes hit Houthis in Yemen on Saturday after the rebels warned of more attacks in support of Gaza