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

Nasdaq, S&P 500 again end US trading at records

The broad-based S&P 500 closed 0.2 per cent higher at 4,496.19, its second consecutive record
  • The broad-based S&P 500 closed 0.2 per cent higher at 4,496.19, its second consecutive record
  • The benchmark Dow Jones Industrial Average gained 0.1 per cent to end at 35,405.50

Could bats hold the secret to healthy ageing?

Experts are studying the exceptional longevity of bats in the hope of discovering benefits for humans
  • Experts are studying the exceptional longevity of bats in the hope of discovering benefits for humans
  • Bats not only live longer than other animals of their size, they also stay healthy longer

UAE helps 28,000 flee Afghanistan: official

The UAE and Qatar have been instrumental staging posts for evacuation flights for Western countries' citizens as well as Afghan...
  • The UAE and Qatar have been instrumental staging posts for evacuation flights for Western countries' citizens as well as Afghan interpreters, journalists and others
  • Of the headline 28,000 to have passed through the Emirates, some 12,000 were evacuated by Britain, and 9,000 by the US

Israeli PM promises ‘new spirit’ in Biden meeting

Israeli Prime Minister is meeting with the US President at the White House
  • Israeli Prime Minister is meeting with the US President at the White House
  • He told reporters ahead of his first state visit that Biden was "an old and true friend of the State of Israel."

Raisi says economy, Covid response ‘does not befit’ Iran

He delivered the remarks while chairing the first meeting of his cabinet which was approved by parliament on Wednesday
  • He delivered the remarks while chairing the first meeting of his cabinet which was approved by parliament on Wednesday
  • Iran has been strangled financially by sanctions reimposed by Washington after then US president Donald Trump pulled out of a multilateral nuclear deal in 2018

Doctors warn over dangerous viral milk crate challenge

Walking over a pyramid of precariously balanced milk crates can cause head bleed and injury to back that could lead...
  • The challenge reminds doctors of the 2018 Tide Pod Challenge, which saw young people biting into a liquid laundry detergent packets.
  • Doctors say health system already under strain due to Covid-19 pandemic.

US warns of ‘terror threat’ as crowds throng Kabul airport

The US State Department warning is unusually specific, mentions several gates that should be vacated immediately.
  • London warning reads: ‘If you can leave Afghanistan safely by other means, you should do so immediately.’
  • Washington and its allies have been flying thousands of Afghans out of the airport every day on hulking military transports.

‘Havana’ syndrome imperils US diplomats

The mysterious affliction has brought severe headaches, nausea and possible brain damage to US diplomats has many officials convinced they...
  • Harris’ was the most recent of dozens of such cases reported by US diplomats and intelligence officers since 2016.
  • The State Department has carried out extensive medical checks on diplomats heading abroad.

African mountain forests store more carbon than thought: study

An international team analysed data on carbon stored in trees across 44 highland sites in 12 African countries
  • An international team analysed data on carbon stored in trees across 44 highland sites in 12 African countries
  • Writing in Nature, the team found that Africa's montane forests contain an average of 149.4 tonnes of carbon per hectare

Pedaling for peace: cyclists hit the road in war-torn Yemen

In the capital Sanaa, the cyclists prepared for their 320-kilometre (200-mile) journey to the northern province of Saada
  • In the capital Sanaa, the cyclists prepared for their 320-kilometre (200-mile) journey to the northern province of Saada
  • Yemen, the poorest country in the Arabian Peninsula, is devastated by conflict, coronavirus

Syria inks $7 bn energy deal with Qatari, Turkish, US firms

The agreement was sealed at the presidential palace in Damascus in the presence of interim President Ahmed al-Sharaa and US...

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Bangladesh’s Hasina wins fifth term in power

The prime minister has presided over breakneck economic growth, but her government has been accused of a ruthless opposition crackdown....

China’s Evergrande says head of EV arm detained

At the time of its establishment in 2019, Evergrande NEV said it aimed to become the world's leading manufacturer of...

Honda to set up EV plant in Canada

The plant is estimated to cost Honda US$14 billion.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Germany ready to sell Eurofighter jets to Saudi Arabia: minister

"We do not see ourselves, as the German federal government, opposing British considerations on other Eurofighter (sales)," Baerbock told journalists...
  • Annalena Baerbock noted that Saudi Arabia and Israel had "not renounced their policy of normalisation" since war broke out
  • "The fact that Saudi Arabia is now intercepting missiles fired by the Houthis at Israel underlines this, and we are grateful for that," she added

Japan quake death toll jumps to 161, 103 missing

According to authorities in the central Ishikawa region hit by the 7.5-magnitude quake, the number of people unaccounted for fell...
  • The rescue work is being complicated by roads cut off by the quake and landslides.
  • Around 20,700 households in the wider Ishikawa region remain without electricity

Libya declares ‘force majeure’ at major oilfield amid protests

Tripoli, Libya -- Libya's state-owned energy firm said on Sunday it had declared a state of "force majeure" at Al-Sharara oilfield...
  • Declaring "force majeure" allows parties to free themselves from contractual obligations when factors such as fighting or natural disasters make meeting them impossible.
  • The NOC did not elaborate on the protesters' demands but said "negotiations are ongoing to resume production as soon as possible".