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 Covid deaths at new daily high as curbs lifted

The ministry said the deaths of 684 people in the past 24 hours brought the total number of fatalities to...
  • The ministry said the deaths of 684 people in the past 24 hours brought the total number of fatalities to 102,038
  • Iran also registered 36,419 new infections raising the total since the pandemic started to 4,677,114

Antibody tests for kids to develop vaccine

The survey is being conducted jointly by the health and education ministries and by the army's Home Front command
  • The survey is being conducted jointly by the health and education ministries and by the army's Home Front command
  • Israel has already begun vaccinating children aged 12 and above

Sufis strive to protect their heritage in war-torn Libya

A 2012 attack forced the Sufi seminary in the Libyan town of Zliten to close, but in recent years it...
  • A 2012 attack forced the Sufi seminary in the Libyan town of Zliten to close, but in recent years it has discreetly reopened to students of the mystical Islamic tradition
  • The people who attacked the complex have never been held to account in the chaos of post-revolt Libya

Monopoly case against Facebook revived

The case was dismissed by a US federal judge two months ago.
  • The lawsuit filed in federal court in the US capital said Facebook used “anti-competitive acquisitions” of potential rivals such as Instagram and WhatsApp to protect its dominance
  • Facebook, which has long denied it maintains a monopoly, said in a statement, “We are reviewing the FTC’s amended complaint and will have more to say soon.”

Scams infect the pandemic globally

Since the French government made proof of vaccination mandatory to enter cafes and other public places this month, a black...
  • Russian mobsters, Chinese hackers and Nigerian scammers use stolen identities to plunder tens of billions of dollars in pandemic aid
  • Among the ripest targets for the cybertheft have been jobless programs

Tunisian president takeover sparks fears for freedoms

Several politicians, businessmen and judges, as well as members of parliament have said they were banned from travelling abroad or...
  • President Kais Saied sacked the government on July 25 and suspended parliament for one month.
  • An anti-graft NGO said at least 14 members of parliament face legal proceedings or have been sentenced over a range of crimes.

Lebanon unlivable as economic, fuel crises deepen

Residents line up for days to get gas, while electricity only runs for 2 hours a day
  • Lebanon’s energy crisis is dragging people to unlikely places in their desperate quest for life’s essentials
  • Residents line up for days to get gas, while electricity only runs for 2 hours a day

Megaship that blocked Suez heads back to Asia

The MV Ever Given had "successfully crossed" the canal after unloading its cargo in Britain and was now on its...
  • The vessel was seen sailing in open waters accompanied by Egypt-flagged tugboats
  • The Ever Given got stuck diagonally across the canal during a sandstorm on March 23

Ex-head of Tunisia’s Anti-Corruption Committee placed under house arrest

Chaouki Tabib headed the independent authority from 2016 to 2020, when he was sacked by former Prime Minister Elyes Fakhfakh
  • Chaouki Tabib headed the independent authority from 2016 to 2020, when he was sacked by former Prime Minister Elyes Fakhfakh
  • Tunisian President Kais Saied last month dismissed the prime minister, froze parliament and assumed executive authority

Morocco to keep Algeria-Spain gas pipeline open

The operating contract for the Moroccan section of the Maghreb-Europe Gas Pipeline, which links fields in Algeria with Spain, runs...
  • The operating contract for the Moroccan section of the Maghreb-Europe Gas Pipeline, which links fields in Algeria with Spain, runs out in October
  • There was concern its renewal might fall foul of the latest spat between the two countries

OPEC+ ministers, led by Saudi Arabia and Russia, meet as oil output hike looms despite falling prices

The 22-nation group began a series of cuts in 2022 to prop up crude prices, but Saudi Arabia, Russia and...

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Six Palestinians killed in Israeli raid in West Bank

The official Palestinian news agency Wafa reported early Sunday that a major deployment of Israeli forces was under way in...

UK announces Europe’s first high-tech uranium fuel plant

HALEU fuel is needed to power many of the next generation of advanced nuclear reactors, including so-called small modular versions...

Palestinians rebury bodies exhumed from Gaza cemetery

The footage from the cemetery in Al-Tuffah neighbourhood in Gaza City showed bodies wrapped in bags and laid out on...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Hamas command structure ‘dismantled’ in north Gaza: Israel

The army spokesman told reporters that its forces dismantled "the Hamas military framework in the northern Gaza Strip" and that...
  • Israeli PM said his government had directed the army to "eliminate Hamas"
  • He said the war should not stop until Israel has achieved "all of the goals"

EU’s Borrell meets Hezbollah official in bid to avoid wider war

Josep Borrell held talks with the head of Hezbollah's parliamentary bloc, Mohammad Raad, Lebanese media reported. An EU source confirmed...
  • Borrell said it is important to avoid Lebanon being dragged into a regional conflict
  • Cross-border fire has killed 181 people in Lebanon, including 135 Hezbollah fighters

UAE orders trial of 84 on terrorism charges, says media

Dubai, UAE - The Emirates is to put 84 people on trial for terror-related offenses, state media said on Saturday. The...
  • The Gulf state's attorney general ordered the trial of "mostly members of the terrorist organization of (the) Muslim Brotherhood", official news agency WAM said.
  • In 2013, the UAE tried 94 activists, lawyers, students, teachers and other government critics, accusing them of membership of the outlawed Muslim Brotherhood.