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

Hundreds of Iraqis rally to mark protests anniversary

On October 1, 2019, widespread rallies erupted across Baghdad and the south of the country against a government seen as...
  • Dozens of activists have died in targeted killings or been abducted since October 2019 by men on motorbikes.
  • Activists and parties claiming to be part of the uprising are boycotting the October 10 parliamentary election.

Facebook grilled over mental health fears

Facebook study warned of the harm Instagram can do to girls' well-being
  • Facebook study warned of the harm Instagram can do to girls' well-being
  • A Facebook whistleblower is set to testify before senators on Tuesday

UN extends mission to Libya, but only until January

The 15-member Council had been on track to extend the mission in mid-September for a year
  • The 15-member Council had been on track to extend the mission in mid-September for a year
  • Libya was gripped by violence and political turmoil in the aftermath of the 2011 NATO-backed uprising that ousted dictator Moamer Kadhafi

Qatari women take careful steps at first polls

Qatari women are standing in the country's first legislative election Saturday, but in far lower numbers than men, prompting warnings...
  • Of the 284 hopefuls running for the 30 available council seats, just 28 are women.
  • The remaining 15 seats will be appointed by the emir with analysts suggesting he may name more women

Cash-strapped Lebanon names team for International Monetary Fund talks

The team -- Deputy Prime Minister Saade Chami, Finance Minister Youssef Khalil, Economy Minister Amin Salam and central bank governor...
  • The country is facing what the World Bank has described as one of the world's worst economic crises since the 1850s.
  • After defaulting on its debt in March 2020 for the first time in history, Lebanon started talks with the IMF.

Tunisia’s new PM faces economy battered by political turmoil

Heavily in debt, with spiraling inflation and widespread unemployment worsened by the coronavirus pandemic, Tunisia is hoping for a bailout...
  • Bouden will be Tunisia's tenth prime minister since the 2011 revolution that overthrew longtime dictator Zine El Abidine Ben Ali.
  • But with debt standing at over 80 percent of GDP, Tunisia has dipped into international funds to service its debts.

Iran to hold war games near Azerbaijan border amid criticism from Baku

Teheran: Iran's army is to hold maneuvers near the Azerbaijan border from Friday, state media announced, despite strong criticism from...
  • Azerbaijani President Ilham Aliyev had criticized Tehran over the drills, calling them "a very surprising event".
  • Iran has called the drills a "question of sovereignty".

Israeli foreign minister makes first visit to Bahrain, to open country’s embassy

Israel's Foreign Minister Yair Lapid began a landmark visit Thursday to Bahrain where he will open the Israeli embassy one...
  • The Israeli top diplomat touched down at Manama airport, where a Gulf Air plane was due to take off for the first commercial flight between the two countries shortly afterwards
  • Lapid is making Israel's first bilateral ministerial visit to Bahrain, part of a thaw in regional relations after the United Arab Emirates, Morocco and Sudan also established ties

Qatar to hold its first-ever Formula One Grand Prix

The race will take place at the Losail International Circuit north of Doha on November 21 and will form the...
  • The Australian GP, traditionally a season-opener, was moved towards the end of the season but was canceled for a second year running.
  • Qatar has also signed a 10-year deal to host Formula One from 2023.

Algeria-Morocco standoff threatens Spain gas supplies

Algeria has been using the Gaz-Maghreb-Europe (GME) pipeline since 1996 to deliver several billion cubic metres per year to Spain...
  • Algeria has been using the Gaz-Maghreb-Europe (GME) pipeline since 1996 to deliver several billion cubic metres per year to Spain and Portugal
  • The latest crisis followed months of tensions, partly over Morocco's normalisation of ties with Israel

Egypt unveils plan for new desert city in latest megaproject

The new city, named Jirian meaning "Flow" in Arabic, is part of Egypt's Nile Delta scheme, a massive agricultural initiative...

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Israel ‘systematically’ blocking aid to north Gaza hospitals: UN

Andrea De Domenico, head of the UN aid agency OCHA's office in the occupied Palestinian territories, described how detailed coordination...

Oil prices rise after US, UK strike Houthi rebels

Oil prices surged four percent after US and UK forces launched strikes against Iran-backed Houthi rebels after attacks on ships...

Turkey and Gulf nations condemn US, UK airstrikes on Yemen

"First of all, they are not proportional. All of these constitute disproportionate use of force," Erdogan told journalists after Friday...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Tesla suspends production in Germany

Houthi attacks in the Red Sea caused a shortage of parts.
  • Tesla said the Red Sea attacks had led to delays that created a "gap in the supply chains", resulting in production being suspended
  • Houthis have ramped up attacks on commercial and military vessels in the Red Sea in what they say is solidarity with Palestinians in Gaza.

Wars to cast pall over meeting of global VIPs in Davos

Paris, France - The world's political and business elites will convene in Davos next week, with wars in Gaza and Ukraine...
  • Russia's nearly two-year-old assault on Ukraine has taken centre stage at previous editions of the World Economic Forum (WEF)
  • The gathering "is taking place against the most complicated geopolitical and geoeconomic backdrop in decades", said WEF president Borge Brende

China, Russia trade soared in 2023 as commerce with US sank

Beijing, China - Trade between China and Russia hit a record high in 2023, official data from Beijing showed on Friday,...
  • China-Russia trade reached more than $240 billion, customs figures showed, overshooting a goal of $200 billion set by the neighbours in bilateral meetings last year
  • The figure is a record for the two countries, who have grown closer politically and economically since Moscow's invasion of Ukraine in 2022