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

SpaceX sends all-civilian crew into orbit

Unlike previous missions, there will be no experienced or officially trained astronaut onboard. The SpaceX launch is the first of...
  • The Falcon 9 rocket blasted off on Wednesday night from the Kennedy Space Center in Florida.
  • The four space tourists will orbit the Earth for three days in a fully automated Crew Dragon capsule that has been specially designed for this journey.

World leaders to hold closed-door climate meet at UN

The roundtable comes less than six weeks before a major United Nations climate meeting, COP26, in Glasgow.
  • The roundtable comes less than six weeks before a major United Nations climate meeting, COP26, in Glasgow
  • The meeting will include leaders from the G20, as well as developing and small island nations, and will be partly in-person, partly virtual

Iran replaces top nuclear negotiator with Raisi protégé

Analysts said the reshuffle was intended as a warning that a much tougher policy could lie ahead if talks drag...
  • Analysts said the reshuffle was intended as a warning that a much tougher policy could lie ahead if talks drag on over bringing Washington back into a landmark nuclear deal
  • Abbas Araghchi was one of the key negotiators of the 2015 agreement but his role in the talks will now be limited to that of ministry adviser

UN urges Egypt, Sudan, Ethiopia to resume dam talks

The Grand Ethiopian Renaissance Dam, set to be Africa's largest hydroelectric project when completed, has sparked an almost decade-long diplomatic...
  • The UN’s top security body also invited observers who would be acceptable to the three parties
  • The dam was the subject of a Security Council meeting in early July

UN urges ‘moratorium’ on AI systems that threaten rights

UN high commissioner Michelle Bachelet presented a fresh report, which was called for by the UN Human Rights Council and...
  • Bachelet calls for assessment of how AI pose risk to rights to privacy and freedom of movement and of expression.
  • The UN report finds faulty AI tools have led to people being unfairly denied social security benefits and arrest of innocent people due to flawed facial recognition.

Sudan inflation eases for first time under transition

The inflation rate was recorded at 387. 56 percent (year-on-year) in August, compared to 422.75 percent in July
  • The inflation rate was recorded at 387. 56 percent (year-on-year) in August, compared to 422.75 percent in July
  • Sudan has long been reeling from economic crises that deepened after the ouster of autocrat Omar al-Bashir in April 2019

Instagram to curb mental harm

Instagram has worked to address problems of bullying, suicide
  • Instagram is now exploring ways to understand what kinds of posts make viewers feel bad in comparison and then "nudge" people to content more likely to make them feel good
  • Social media giant is making a version of the social network for children 13 years old or younger, a move opposed by child safety advocates

Broadway celebrates return of hit shows

"Hamilton," "Wicked," "The Lion King" and "Chicago" resumed performances, to the delight, and relief, of the industry and theater lovers.
  • "Hamilton," "Wicked," "The Lion King" and "Chicago" resumed performances, to the delight, and relief, of the industry and theater lovers
  • Broadway theaters have been gradually re-opening throughout September but Tuesday heralds the collective return of some of its most popular shows.

Abu Dhabi crown prince, Macron discuss bilateral ties

The two leaders discussed bilateral relations, investment opportunities, economy and culture, as well as other vital sectors, to drive sustainable...
  • The two leaders review regional developments, which is likely to include Afghanistan
  • The UAE has set up an air bridge to deliver tonnes of aid to Afghanistan

Chevron plans ‘lower carbon’ ventures

The activists want the company to do more to address climate concerns
  • The US oil giant said it would more than triple spending through 2028 to $10 billion on its "lower carbon” businesses.
  • Like its US rival ExxonMobil, Chevron has faced intensifying pressure from environmentalists

Saudi top diplomat says ‘at vanguard’ of efforts to rebuild Syria after 14 years of civil war

On a visit to Riyadh earlier this month, US President Donald Trump said he would lift US sanctions on Syria,...

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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,...

Jordan king to host Sisi, Abbas for Gaza talks: palace

King Abdullah, in a meeting Sunday with US Secretary of State Antony Blinken, called on the United States to press...

Bad day in space: Moon mission fails and NASA program delayed

Astrobotic's Peregrine Lunar Lander blasted off Monday from Florida's Cape Canaveral Space Force Station, then successfully separated from its rocket....
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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False tweet from US regulator briefly sends bitcoin soaring

The jump in the price of bitcoin to almost $48,000 came immediately after the SEC published a message on its...
  • Just after 4 pm local time, the price of the world's largest digital currency in terms of circulation surged towards its highest level for more than 22 months, before falling again
  • "The unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its staff," an US Securities and Exchange Commission's spokesperson later told AFP

CES2024 pet tech: Throw a dog a bone – or an AI collar

Las Vegas, United States - They don't own smartphones and can't go online, but that doesn't prevent them from being connected:...
  • The Smart Dog Collar not only helps owners locate their pet in real time, but also monitors its activity -
  • The technology was developed by French GPS specialist Invoxia, which now also offers a mini version for cats called Minitailz

Honda unveils futuristic EV series

It will introduce a commercial model in the US in 2026.
  • The automaker's "Saloon" model features a low platform with a wide interior and sleek silhouette
  • The company set an ambitious target of achieving 100 percent electrified vehicle sales by 2040