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

Tackling Covid, reviving economy priorities: Raisi

More than 16.3 million people out of Iran’s 83 million inhabitants have been given a first vaccine dose, but only...
  • Raisi has tapped 63-year-old optometrist Bahram Eynollahi as his health minister
  • Iran, battling the Middle East's deadliest Covid outbreak, launched a vaccination drive in February

Cryptocurrencies dazzle investors with high returns

Cryptocurrencies seem to be the flavor of the season as increasingly more people around the world are embracing them; sometimes...
  • Though the concept of crypto (as they are informally called) investment seems novel, the first cryptocurrency came into the market more than a decade back
  • One cryptocurrency, recently launched, is destined to change all that, and is already making waves around the world as people are lapping it up in droves.

Saudi Arabia takes offense at EU duties

Saudi Arabia has filed a World Trade Organization complaint over EU anti-dumping duties on imports of a chemical compound used...
  • In the complaint, dated Aug. 17 but circulated to WTO members on Thursday, Saudi Arabia charges that the EU unfairly imposed provisional anti-dumping duties
  • The chemical compound is used in a variety of industrial processes, including to produce polyester fibers and components for manufacturing plastic bottles

Afghan evacuees touch down in UAE

About 5,000 Afghan nationals believed to be at risk due to the current crisis will be resettled in the UK.
  • The UK plans calling back 2,000 Britons and Afghan employees in the days ahead.
  • About 5,000 Afghan nationals believed to be at risk due to the current crisis will be resettled in the UK.

Nokia launches 5G course

New course addresses the challenges faced by all industries, governments, and individuals in securing 5G systems
  • The course is part of Nokia’s program to train and certify industry professionals on 5G technology
  • New course addresses the challenges faced by all industries, governments, and individuals in securing 5G systems

Death toll crosses 2,000 in quake-stricken Haiti

The quake also injured at least 12,268 people and damaged or destroyed tens of thousands of buildings in the Caribbean...
  • The quake also injured at least 12,268 people and damaged or destroyed tens of thousands of buildings in the Caribbean nation
  • The government has declared a month-long state of emergency in the four provinces impacted by the latest quake

Recorded Covid deaths top 100,000 in Iran

Iranian health officials have acknowledged that the ministry's figures understate the real toll
  • Iranian health officials have acknowledged that the ministry's figures understate the real toll
  • Since late June, Iran has seen what officials have called a "fifth wave" of infections

Hezbollah says Iran fuel tanker to sail to Lebanon

The move, prohibited by US sanctions on Iran's oil industry, could drag Lebanon into the covert naval war between Tehran...
  • Neither the Iranian nor the Lebanese governments have confirmed the paramilitary organisation's claim
  • The move, prohibited by US sanctions on Iran's oil industry, could drag Lebanon into the covert naval war between Tehran and Israel

Toyota to cut Sept production

The world's largest automaker had planned to build just under 900,000 vehicles next month
  • The world's largest automaker had planned to build just under 900,000 vehicles next month
  • The Japanese giant's rivals have also been forced to slash production targets

Pfizer Covid jab declines faster than AstraZeneca: study

The study, which has not been peer reviewed, is based on the results of a survey by Britain's Office for...
  • The study, which has not been peer reviewed, is based on the results of a survey by Britain's Office for National Statistics
  • Pfizer had "greater initial effectiveness" but saw "faster declines in protection against high viral burden and symptomatic infection."

Global economic outlook worsens, AI emerges as both catalyst and risk

Geneva, Switzerland – The global economic outlook has worsened since the start of the year, as rising economic nationalism and...

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US military shoots down another drone over Red Sea

The Houthis say they are targeting Israel and Israeli-linked vessels to push for a stop to the offensive in Gaza....

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...

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

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India’s solar mission Aditya-L1 enters Sun’s orbit

New Delhi, India - India's solar observation mission on Saturday entered the Sun's orbit after a four-month journey, the latest success...
  • The Aditya-L1 mission was launched in September and is carrying an array of instruments to measure and observe the Sun's outermost layers.
  • The latest mission by the Indian Space Research Organization is the first by any Asian nation to be placed in orbit around the Sun.

EU urges peace at Israel-Lebanon border amid escalation fears

The European Union foreign policy chief warned against a regional conflict that would involve Lebanon, as border clashes intensified nearly...
  • Lebanon's Iran-backed Hezbollah and Israel have exchanged near-daily cross-border fire since Hamas's unprecedented October 7 attack
  • But a strike that killed Hamas's deputy leader in Hezbollah's south Beirut stronghold on Tuesday intensified fears of a wider conflagration

Hamas urges US diplomat to end Israeli aggression in Gaza

ISTANBUL, TURKEY - Hamas leader Ismail Haniyeh has called on US Secretary of State Antony Blinken to use his current...
  • US support for Israel's military campaign "has caused unprecedented massacres and war crimes against our people in Gaza", Hamas chief Haniyeh said.
  • Haniyeh also urged regional leaders due to meet Blinken to tell him that stability in the Middle East was "closely linked to our Palestinian cause".