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

Russia, Ukraine head to Istanbul for fresh peace talks

Russian and Ukrainian officials will meet Monday in Istanbul to exchange their plans for how to end the three-year war,...

Samsung boss goes on trial on drugs charges

Lee Jae-yong is accused of having repeatedly taken anaesthetic propofol at a plastic surgery clinic in Seoul in 2017 and...
  • Lee Jae-yong is accused of having repeatedly taken anaesthetic propofol at a plastic surgery clinic in Seoul in 2017 and 2018
  • Propofol is normally a medical anaesthetic but is also sometimes used recreationally

Libya lawmakers back $10k family grant ahead of polls

The grant, approved by the eastern-based parliament, came after its rival, the unity government in the country's west, approved handouts...
  • Parliamentary spokesman Abdullah Bliheg said all Libyan families are eligible, except for those who have benefited from the "marriage bonus".
  • The presidential election in December and a legislative vote in January are supposed to help unify Libya.

Erdogan signals new military push into Syria

Erdogan's signalling followed a car bombing on Monday in the northern Syrian city of Afrin that killed six people
  • Erdogan's signalling followed a car bombing on Monday in the northern Syrian city of Afrin that killed six people
  • Turkey and its proxies have seized control of territory inside Syria over several military operations launched since 2016 against the Islamic State group

IMF reaffirms ‘full confidence’ in head Georgieva

The IMF board said it "considered that the information presented in the course of its review did not conclusively demonstrate...
  • An investigation by law firm WilmerHale has concluded that the Bulgarian economist manipulated data in favor of China while in a senior role at the World Bank
  • WilmerHale's controversial findings center on the drafting of the 2018 and 2020 editions of the World Bank's report ranking countries according to their ease of doing business

Kushner, Ivanka Trump in Jerusalem for Abraham Accords initiative

Jared Kushner, a former White House adviser married to Ivanka Trump, was a major architect of the deals between Israel...
  • Jared Kushner, a former White House adviser married to Ivanka Trump, was a major architect of the deals between Israel and the United Arab Emirates, Bahrain, Sudan and Morocco
  • At the launch of the Abraham Accords Caucus in Israel's parliament, the Knesset, Kushner said the agreements created a "new paradigm" in the region

‘No Time to Die’ wastes no time topping US box office

The latest installment in the James Bond movie franchise shot straight to number one in North America's box office on...
  • The movie shot straight to number one in North America's box office on its opening weekend, netting $55.5 million
  • The latest James Bond film sees Ian Fleming's spy hero dragged out of retirement to face off against old foes Blofeld, the criminal network SPECTRE and Safin

Sadrists claim largest bloc after record-low Iraq voter turnout

Security measures meant to ensure a smooth and safe voting remained largely successful, as only 75 complaints during public voting...
  • The movement wins around 73 of the parliament's 329 seats in Sunday's election
  • UN Secretary-General Antonio Guterres hails the 'largely peaceful conduct' of the vote

‘Saudi Arabia, Iran closer to a deal’

Regional rivals Saudi Arabia and Iran are showing signs of warming relations and a foreign diplomat in Riyadh has said...
  • Saudi King Salman expressed hope that talks with Iran would "lead to tangible outcomes to build trust"
  • Saudi Foreign Minister Prince Faisal bin Farhan has confirmed a fourth-round of talks took place in September

Preliminary turnout of just 41 percent shows many boycott Iraq election

In what was the fifth election since the 2003 US-led invasion that ousted dictator Saddam Hussein with the promise of...
  • The turnout falls below even that recorded in 2018, when 44.5 percent of eligible voters cast ballots.
  • The election was held under tight security in a country where key parliamentary blocs have armed factions.

Still no decision on Georgieva keeping her job: IMF

An investigation by a law firm has concluded that Georgieva manipulated data in favor of China while in a senior...
  • The lack of clarity over her future comes with the IMF and the World Bank set to begin their fall meetings on Monday.
  • The IMF board met again with representatives of the firm, WilmerHale, and with Georgieva over the weekend.

UN chief calls for probe into deaths near Gaza aid site

Gaza's civil defense agency said Israeli gunfire killed at least 31 people and wounded 176 near the aid distribution site...

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Namibia denounces former colonial ruler Germany over Gaza response

South Africa launched an emergency case at the ICJ arguing that Israel stands in breach of the UN Genocide Convention,...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israelis rally to demand end to hostages’ 100-day ordeal

Tel Aviv, Israel--Thousands of Israelis rallied in Tel Aviv late Saturday calling for the release of hostages being held in...
  • The protestors in Tel Aviv with banners reading "and the world remains silent," chanted that the hostages must be released "Now, now, now"
  • Hamas fighters took about 250 captives on October 7, 132 of whom Israel says remain in Gaza, including at least 25 believed to have been killed

Sudan government spurns east African mediation move

The paramilitary leader Mohamed Hamdan Daglo has been touring African capitals in a boost to his diplomatic standing. Rejecting the...
  • Daglo said that he had accepted the invitation and would be attending the summit in Uganda
  • Burhan has accused African leaders of complicity in atrocities against Sudanese people

Thousands march in US, UK for Gaza ‘day of action’

Saturday's marches held particular significance given US and British air strikes in Yemen this week against Houthi bases, after the...
  • In Washington, large crowds waved Palestinian flags in a show of solidarity
  • Several Palestinian-Americans told stories of friends and relatives killed or wounded in the Gaza strip