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

Iran says ‘serious progress’ in talks with Saudi

Speaking to journalists on the sidelines of the UN General Assembly in New York, Khatibzadeh said the talks were "good"...
  • Iran and Saudi Arabia have been engaged in talks since April with the aim of improving relations
  • The discussions were launched under Iran's former moderate president Hassan Rouhani

Morocco: Oldest bone tools for clothesmaking found

The international team discovered more than 60 tools in Contrebandiers (Smugglers) Cave, less than 20 kilometres (12 miles) from the...
  • The international team discovered more than 60 tools in Contrebandiers (Smugglers) Cave, less than 20 kilometres (12 miles) from the North African country's capital.
  • The discovery could help answer questions on the origins of modern human behaviour, said El Hajraoui, a researcher at the National Institute of Archaeology and Cultural Heritage (I

Twitter to pay bitcoin tips

Twitter chief executive has endorsed digital currency
  • Platforms like TikTok, Instagram and YouTube have built their popularity among young people in large part because of these social media stars
  • Attracting and keeping creators and their audience has therefore become crucial for the tech companies battling to attract an audience—and advertising profits

Turkey central bank cuts key rate after Erdogan pleas

The Turkish currency was down around 1.1 percent against the US dollar by 1330 GMT, after the bank announced it...
  • The move comes despite high inflation, which reached 19.25 percent in August
  • The Bloomberg consensus had been for the rate to be kept stable although one economist predicted a cut of 0.5%

Lebanon raises fuel prices as subsidies are phased out

Lebanon has gradually increased fuel prices in recent months because the cash-strapped central bank can no longer afford to fund...
  • Petrol prices have more than tripled since June amid severe rationing that has turned entire streets into chaotic queues for cars lining up to fill up at the pumps
  • To fill a medium-sized vehicle's tank, most Lebanese would now have to pay close to the monthly minimum wage of 675,000 Lebanese pounds.

Afghan girls robotics team design their future in Qatar

The girls evacuated to Qatar were placed in one of three institutions depending on their needs with full scholarships granted...
  • The girls worry about their immediate future but hope they can one day return to Afghanistan.
  • Roya Mahboob, the founder of an Afghan software company, helped form the team which went on to develop a low-cost ventilator last year at the height of the pandemic.

Lebanon’s only suicide hotline inundated

There are dozens of such calls every day, and around 1,100 a month, in a nation that has seen an...
  • There are dozens of such calls every day, and around 1,100 a month, in a nation that has seen an exodus of healthcare specialists to treat anxiety, depression and psychosis
  • The number of children phoning in has also risen, with people under the age of 18 accounting for 15 percent of callers in July, up from less than 10 percent in previous months

Tunisia’s Saied reinforces presidential powers

Under the current system, most of the executive power was in the hands of the government and the measures announced...
  • Under the current system, most of the executive power was in the hands of the government and the measures announced by Saied clearly tip the balance in favour of the presidency
  • The provisions, laid out in a series of decrees published in the official gazette, come almost two months after his initial power grab

German youths seek change after a lifetime of Merkel

Many of her countrymen say her slowly-slowly approach stymied progress on burning issues such as climate protection and the digital...
  • Some accuse the old-guard parties -- like the CDU or the centre-left Social Democrats -- of failing to bring about meaningful change.
  • Young activists have also taken the government to court to force it to improve environmental targets.

US, EU step up Yemen aid but UN warns millions face hunger

The United States promised an additional $290 million but said the ultimate solution was to end the war
  • The United States promised an additional $290 million but said the ultimate solution was to end the war
  • Oxfam said around $600 million was pledged in total, although the UN plea for $3.9 billion to help Yemen was still underfunded by around $1 billion

Israeli gunfire kills 10, wounds over 100 near aid site in Gaza

"At least 10 Palestinians were killed and more than 100 others... were wounded due to gunfire from Israeli vehicles towards...

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EU court’s adviser says $2.6bn fine on Google be upheld

Google suffered a legal blow at the European Court of Justice when the body's adviser recommended that a US$2.6 billion...

Israel army claims two journalists slain in Gaza strike were ‘terror operatives’

Israeli army said Mustafa Thuria was identified in a document found by troops in Gaza to be a member of...

Houthi attacks idle Suez Canal, deepen Egypt’s economic woes

The man-made waterway - which officially opened in 1869 - is crucial for Egypt, earning it $9.4 billion in transit...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

World adds 50% more renewable energy capacity in 2023

The International Energy Agency said that the renewable energy capacity added to energy systems went up 50 percent in 2023,...
  • The IEA said the largest growth took place in China, with wind power additions rising by 66%
  • Europe, the US and Brazil also hit all-time highs in renewable energy capacity

Jordan king, Sisi and Abbas call to ‘maintain pressure’ for Gaza ceasefire

A royal palace statement issued after the meeting said the three leaders had "reiterated the need to maintain pressure to...
  • The trio "warned against attempts to re-occupy parts of Gaza or establish 'safe zones' in the strip, stressing the need to enable Gazans to return to their homes"
  • They "reaffirmed their rejection of any Israeli plans to displace Palestinians in the West Bank and Gaza, urging international denouncement and rejection of these plans"

Amazon cuts hundreds of jobs

The cull will reach 27,000 positions across the company.
  • Amazon said it was slashing hundreds of staff in its entertainment division, targeting both movie streaming service Prime Video and Amazon MGM Studio
  • The cull comes as part of Amazon's biggest ever job cutting plan launched last year, which it said will reach 27,000 positions across the company