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

ADNOC expands its STEM Education Programme to empower UAE students in AI

Abu Dhabi, UAE  – ADNOC has expanded its Science, Technology, Engineering and Mathematics (STEM) education programme to empower UAE students...

‘Apathy and despair’ as Iraq looks to October election

The polls were initially scheduled for 2022, but moved forward to June this year, then postponed to October.
  • Respondents have said only the candidates’ faces are newer while the political ideals are unchanged
  • Issues like constant power cuts and non-upgradation of infrastructure are also weighing on voters’ minds

Morocco party alleges violations at polls

Moderate Islamist Justice and Development Party said it would swtich to the 'natural' position as opposition.
  • The party, which was thrashed in recent elections, said a 'massive use of money' and 'manipulation of reports' led to 'results that do not reflect country's political map.
  • Interior Minister Abdelouafi Laftit has said the voting process took “under normal circumstances” apart from isolated incidents.

Guilt-riven Lebanon expats ship aid as crisis bites at home

Social media platforms are filled with posts by Lebanese appealing for contacts abroad to send basic goods.
  • Lebanon’s currency has plunged to an all-time low, which has sparked inflation
  • It has also eroded the purchasing power of a population denied free access to their own savings by stringent banking controls

New Iraq project to reduce flaring at oilfields, consolidate gas production

The new project, signed in 2017 with oil services company Baker Hughes, will eventually allow 200 million cubic feet of...
  • The implementation of the project and the gas exploitation may have to wait 30 months for the completion of infrastructure works
  • The amount of gas torched in Iraq annually reached 17.37 million cubic metres last year, says the World Bank

‘Change the game’: Supermodel Halima Aden reinvents modest fashion

Aden became the first contestant in a US state beauty pageant in 2016 to wear a hijab and a burkini.
  • She will be designing collections exclusively for a Turkish online brand.
  • World capitals as diverse as Moscow, Riyadh and London have staged modest fashion shows in the past few years.

Islamic State carries out Syria gas pipeline attack

The Deir Ali station southeast of Damascus generates half of Syria's power needs
  • The Deir Ali station southeast of Damascus generates half of Syria's power needs
  • The explosion caused the station to go out of service temporarily

Lebanon seizes dangerous fertilizer in country’s east

Ammonium nitrate is an odourless crystalline substance commonly used as a fertiliser that has been the cause of numerous industrial...
  • Ammonium nitrate is an odourless crystalline substance commonly used as a fertilizer that has been the cause of numerous industrial explosions
  • Security forces raided a fertilizer warehouse in the eastern Bekaa Valley, considered a hub for smuggling operations between Lebanon and Syria

SpaceX all-civilian orbital crew completes mission

Jared Isaacman, who financed the trip with a goal of making space a bit more accessible, said it was heck...
  • Jared Isaacman, who financed the trip with a goal of making space a bit more accessible, said it was heck of a ride
  • The stated goal of the mission, called Inspiration4, was to encourage the democratization of space

Iran looks east after China-led bloc okays entry

Iran has been trying to enter the SCO for years, and was close last year, but Tajikisatn objected to it.
  • Iran has hailed its acceptance into the Shanghai Cooperation Organization, a bloc led by China and Russia
  • This, for it, was an eastward turn that it sees as opening access to major world markets and a counter to Western sanctions

Former Daesh bastion echoes with chimes of church bell

A bell was inaugurated at a church in Mosul on Saturday to the cheers of Iraqi Christians, seven years after...
  • Dozens of faithful stood by as Father Pios Affas rang the newly installed bell for the first time at the Syriac Christian church of Mar Tuma
  • the bell weighing 285kg was cast in Lebanon with donations from a French NGO

ADNOC expands its STEM Education Programme to empower UAE students in AI

Abu Dhabi, UAE  – ADNOC has expanded its Science, Technology, Engineering and Mathematics (STEM) education programme to empower UAE students...

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Son set to light up Asian Cup as Qatar takes center stage again

The 24 teams spanning Australia to Palestine will battle for regional glory over the next four weeks, culminating in the...

WHO urges Israel to allow aid delivery in ‘indescribable’ Gaza

"Delivering humanitarian aid in Gaza continues to face nearly insurmountable challenges," WHO chief Tedros Adhanom Ghebreyesus told a press conference....

Germany resumes arms exports to Saudi Arabia after 5 years

Berlin has loosened its stance on weapons exports to the kingdom recently, with the government praising Saudi Arabia's "constructive approach"...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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India’s Russian oil imports fall to 11-month low as price cap rises

Indian refiners bought 1.45 million barrels per day of Russian oil last month, their lowest amount since last January and...
  • Since the invasion of Ukraine nearly two years ago, India has bought hundreds of millions of barrels of cut-price Russian crude, saving itself billions of dollars
  • But the price of Russian crude has risen in the face of OPEC+ production cuts and increased demand from China, analysts say, making it less attractive to Indian customers

Blinken tells Abbas US backs ‘tangible steps’ for Palestinian state

Blinken "underscored the United States' position that all Palestinian tax revenues collected by Israel should be consistently conveyed to the...
  • Palestinian statehood was anticipated following the Oslo Accords of the 1990s but talks have been moribund for years
  • As part of efforts to stabilize the territory, Blinken called on Israel to hand over revenues owed to the Palestinians in full

Palestinian journalist freed from Israeli custody abused: report

Footage of the men, including Kahlout, stripped down to their underwear, with some of them appearing to hand over weapons,...
  • Diaa al-Kahlout, who was among dozens of Palestinians shown detained by Israeli troops and stripped to their underwear in Gaza, had been released
  • Paris-based media watchdog RSF has said following his arrest the journalist was briefly held in Eshel prison in Israel and was subjected to torture