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

Blinken meeting Israel, Arab states on Abraham Accords anniversary

The virtual meeting of the US Secretary of State with his counterparts from Israel, the United Arab Emirates, Bahrain and...
  • The United Arab Emirates became the first Arab states in decades to normalize relations with Israel
  • It was followed by Bahrain and Morocco, the latter doing it when the US recognized its claim to Western Sahara

Oil demand to top pre-pandemic level next year: OPEC

The optimistic forecast comes as the OPEC cartel nations and their allies are beginning to raise output to meet recovering...
  • The optimistic forecast comes as the OPEC cartel nations and their allies are beginning to raise output to meet recovering demand
  • The OPEC's output rose by 151,000 barrels per day during August to hit 26.76 mbd

Hezbollah says Iran fuel will reach Lebanon Thursday to ease shortages

BEIRUT: Hezbollah chief Hassan Nasrallah has said that the first delivery of Iranian fuel would arrive Thursday in Lebanon to...
  • Hassan Nasrallah said first shipload of fuel had reached the Syrian port of Banias.
  • Hezbollah said it wanted to distribute the Iranian fuel free of charge to state hospitals, nursing homes, orphanages and the Red Cross.

Bennett meets Sisi on first Egypt trip

Bennett said the meeting helped create "a foundation for deep ties in the future" between two countries
  • Bennett said the meeting helped create "a foundation for deep ties in the future" between two countries
  • Bennett's visit came about 10 days after Abbas was in Cairo for talks with Sisi

Fintech and fighter jets: UAE-Israel ties bear fruit

On September 15, 2020, the UAE became the first Gulf nation to establish formal relations with the Jewish state
  • On September 15, 2020, the UAE became the first Gulf nation to establish formal relations with the Jewish state
  • The UAE and Israel have sought to emphasise the economic dividend offered by normalisation

Bioscience firm to bring back extinct woolly mammoth

New company Colossal, capitalizing on a partnership with a Harvard geneticist, said its species "de-extinction" effort has the potential to...
  • Woolly mammoths roamed much of the Arctic, and co-existed with early humans
  • For decades, scientists have been trying to sequence the mammoth's DNA

Some Facebook rules exempt VIPs

The program, "XCheck," shields millions of elite users
  • The program, referred to as "XCheck," shields millions of elite users
  • Facebook spokesman Andy Stone in a series of tweets defended the program

Apple fix for Pegasus breach

Researchers found the problem while analysing a Saudi activist's phone
  • Researchers found the problem while analysing a Saudi activist's phone
  • Hours after releasing the fix, Apple said it had "rapidly" developed the update

Space tourism: What’s on offer for those who can pay?

The era of space tourism comes with many options: a few minutes of weightlessness, or a few days or a...
  • SpaceX's INSPIRATION4 set this week is the first orbital mission involving four non-professional astronauts.
  • A trip in a module of Space Perspective, hoisted by a space balloon the size of a football stadium costs $125,000.

Economy in focus as Lebanon’s new cabinet holds first meeting

The meeting, during which a ministerial statement is to be drafted to be submitted to a confidence vote in parliament,...
  • Talks with the IMF on financial assistance are key to rescuing Lebanon
  • More than three out of four Lebanese are now considered to be under the poverty line

Stitching change: Moroccan women weave livelihoods through Art

Sidi Rbat, Morocco - In a small village on the coast of southern Morocco, women gather in a house to...

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International forces respond to drone reports in Red Sea: UK agency

The Houthi rebels say they are acting in support of Hamas, targeting Israel and Israeli-linked vessels to push for a...

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...

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:...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Hizbollah targets Israeli base in revenge attack

In a statement, Hizbollah said that it targeted the "enemy's northern command centre" in the Israeli city of Safed with...
  • Israel said that a "hostile aircraft" had crashed at one of its bases in the north
  • Violence has killed more than 185 people in Lebanon, including 140 Hizbollah fighters

EU examines Microsoft large investment in OpenAI

Brussels, Belgium - The EU, racing to regulate the fast-moving world of artificial intelligence, said on Tuesday it has started a...
  • The early-level examination is "checking whether Microsoft's investment in OpenAI might be reviewable under the EU Merger Regulation," the European Commission said.
  • The move is part of efforts by Brussels to make sure its regulatory oversight can catch up with AI developments and stop major players shutting out competitors.

Top global leaders to attend WEF meet amid Gaza, Ukraine war

Paris, France - US Secretary of State Antony Blinken, Israeli President Isaac Herzog and Middle East leaders will attend a World...
  • Blinken and US National Security Advisor Jake Sullivan will be among 2,800 participants at the forum, including more than 60 heads of state and government.
  • Argentina's libertarian new president, Javier Milei, French President Emmanuel Macron and Chinese Premier Li Qiang will also participate in the forum.