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

Patrol robots to police ‘undesirable social behaviour’

From vast numbers of CCTV cameras to trials of lampposts kitted out with facial recognition tech, Singapore is seeing an...
  • From vast numbers of CCTV cameras to trials of lampposts kitted out with facial recognition tech, Singapore is seeing an explosion of tools to track its inhabitants
  • Officials have long pushed a vision of a hyper-efficient, tech-driven "smart nation", but activists say privacy is being sacrificed

UAE has overcome Covid crisis: Mohammaed bin Zayed

The UAE recorded fewer than 200 new cases of Covid this month, the lowest figure since Aug 2020. While life...
  • Dubai is counting on the Expo 2020 Dubai to attract millions of visitors and boost the economy.
  • The UAE has so far recorded more than 737,000 cases of Covid-19, including 2,104 deaths.

Fight against Covid not over yet: WHO

The rate of hospitalization and deaths more among unvaccinated people in the countries that have provided information.
  • WHO said 3.1 million known new cases and 54,000 more deaths were reported to it.
  • Van Kerkhove, the technical lead for WHO's Covid-19, hit out at Covid-19 misinformation and disinformation on the internet.

Google lets users factor climate change into life

New features unveiled on Wednesday provide users with ways to help in the effort, whether it be driving routes that...
  • Artificial Intelligence used in Google's free Maps service in the US shows people fuel-efficient routes.
  • CO2 emission information is being added to a flights service for booking travel by air.

Severe droughts dry up dreams of Turkish farmers

Agriculture accounts for around six percent of Turkey's GDP and employs 18 percent of the country's workforce.
  • Drought is forcing some farmers to quit while others opt to grow different crops that demand less water.
  • Turkey has said it would ratify the 2015 Paris Agreement in October before UN climate summit next month in Glasgow.

In Iraq vote, big blocs lurk behind ‘independents’

A new electoral law in Iraq will mean that when Iraqis go to the polls on Sunday, they will vote...
  • The elections will have voters choose individuals running as independents rather than members of political blocs.
  • Those disillusioned with the political class fear these individuals will spend no time supporting blocs when elected.

Five billion could struggle to access water in 2050: UN

Already in 2018, 3.6 billion people had inadequate access to water for at least one month per year, and only...
  • Over the last 20 years, the levels of water stored on land had dropped at a rate of 1 cm per year
  • This includes water on the surface, in the subsurface, in snow and ice

Global warming kills 14% of world’s corals in a decade

Hardest hit were corals in South Asia and the Pacific, around the Arabian Peninsula, and off the coast of Australia.
  • Hardest hit were corals in South Asia and the Pacific, around the Arabian Peninsula, and off the coast of Australia
  • Oceans absorb more than 90 percent of the excess heat from greenhouse gas emissions, shielding land surfaces

Macron wants ‘a calming down’ in France-Algeria relations

Algeria over the weekend recalled its ambassador from Paris and banned French military planes from its airspace.
  • Algeria over the weekend recalled its ambassador from Paris and banned French military planes from its airspace
  • Algiers was also angered last week after France said it would sharply reduce the number of visas it grants to citizens of Algeria, Morocco and Tunisia

Libya parliament adopts law on legislative polls

The law comes less than a month after speaker Aguila Saleh signed off a law for presidential elections to be...
  • The law comes less than a month after speaker Aguila Saleh signed off a law for presidential elections to be held the same day
  • Libya has endured a decade of bloodletting since the 2011 fall of dictator Moamer Kadhafi in a NATO-backed uprising

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,...

Company News

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Delta reports profit jump

Its revenue jumped to $14.2 billion for the quarter.

Oil prices rise on Red Sea escalation, corporate earnings season

Crude prices spiked more than four percent before ebbing somewhat after the allies launched deadly strikes following weeks of disruptive...

Yemen rebels: US, UK interests ‘legitimate targets’ after strikes

Britain, the United States and eight allies said the strikes aimed to "de-escalate tensions". But Iran and other governments condemned...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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UNSC to meet on US-UK strikes against Houthi rebels

The UN Security Council will hold an emergency meeting over the strikes carried out by the United States and Britain...
  • Earlier the Security Council had adopted a resolution demanding the "immediate" halt to the Houthi's attacks.
  • The US, Britain and eight other nations referred to the Security Council resolution in a joint statement issued after the overnight strikes on Yemen.

Yemen’s Houthi rebels have built a significant arsenal  

DUBAI, UAE - Yemen's Houthi rebels, who vowed to retaliate against US and British strikes early on Friday against key military...
  • Iran-backed Houthis have carried out a spate of attacks in the Red Sea, claiming to be targeting ships with Israeli links.
  • The Houthis have been steadily developing their military capabilities since 2014, when they seized the Yemeni capital Sanaa.

Boots, Banksy, piano: Elton John puts items up for auction

New York, United States - Music icon Elton John has put a variety of personal items up for auction at Christie's...
  • Most of the items come from John's former home in Atlanta, a condo on Peachtree Road that was recently sold, the auction house said Thursday
  • Beginning on February 21, Christie's is organizing a series of eight sales, both in person and online, for the collection of the 76-year-old's belongings