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

Burns, tears as Beirut medics treat fuel blast victims

Health authorities acknowledge the official figures underestimate the country's real toll
  • Health authorities acknowledge the official figures underestimate the country's real toll
  • Numbers have broken daily records several times this month

Iran’s daily Covid deaths top 600 in new high

Health authorities acknowledge the official figures underestimate the country's real toll
  • Health authorities acknowledge the official figures underestimate the country's real toll
  • Numbers have broken daily records several times this month

Fuel tank blast kills 20 as Lebanon struggles to cope with oil demand

The cause of the explosion was not immediately clear. Lebanon, hit by a financial crisis branded by the World Bank...
  • Lebanese Red Cross said on Twitter its teams transported 20 bodies and more than seven injured to hospitals.
  • The country is facing soaring poverty, a plummeting currency and shortages of basic items like medicine.

Lebanon’s bank chief vows no forex raid to fund fuel unless law changed

Lebanon's central bank governor has vowed not to reverse his decision to stop subsidising fuel imports, unless parliament votes to...
  • The country's Foreign exchange reserves have dwindled in recent months to now stand at $14 billion
  • Earlier this week, the central bank had said it would no longer subsidise fuel imports

No survivors in Turkey fire-fighting plane crash

The air tragedy came just as Turkey was gaining control over hundreds of wildfires that killed eight people and destroyed...
  • The air tragedy came just as Turkey was gaining control over hundreds of wildfires that killed eight people and destroyed swathes of forest along the scenic southern coast
  • Scientists believe such natural disasters are becoming more intense and frequent because of global warming caused by polluting emissions

Iran tightens Covid curbs as cases, deaths surge

The Islamic republic is struggling to contain what officials have called a "fifth wave" of the virus caused by the...
  • The Islamic republic is struggling to contain what officials have called a "fifth wave" of the virus caused by the highly infectious Delta variant
  • Hit by the Middle East's deadliest outbreak, Iran has officially recorded more than 97,000 deaths and over 4.38 million infections

Qatar to Taliban: Adopt ceasefire

It is the clearest call to date from Qatar, which hosts the Taliban's politics office, for the militants to halt...
  • It is the clearest call to date from Qatar, which hosts the Taliban's politics office, for the militants to halt their lightning advance across Afghanistan
  • It followed a meeting in Doha between the minister, Sheikh Mohammed bin Abdulrahman Al-Thani, and the head of the Taliban's political office, Mullah Abdul Ghani Baradar

Lebanon deploys army at pumps over fuel subsidies

Fuel importers blame the crisis on a delay by the central bank in opening credit lines to fund imports
  • Fuel importers blame the crisis on a delay by the central bank in opening credit lines to fund imports
  • Lebanon is gripped by one of the world's worst economic crises since the 1850s

‘July was world’s hottest month on record’

The month was 0.02 degrees Fahrenheit higher than the previous record set in July 2016, which was equaled in 2019...
  • The month was 0.02 degrees Fahrenheit higher than the previous record set in July 2016, which was equaled in 2019 and 2020
  • Asia had its hottest July ever, surpassing 2010, it said, while Europe had its second-hottest July, trailing only 2018

Tunisia: US envoys want democracy back

Jon Finer, the deputy national security advisor, and the top US diplomat for the Middle East, Joey Hood, traveled to...
  • Jon Finer, the deputy national security advisor, and the top US diplomat for the Middle East, Joey Hood, traveled to Tunis and met both Saied and civil society leaders
  • Finer delivered a message from President Joe Biden "urging a swift return to the path of Tunisia's parliamentary democracy."

UN says 70% chance that 2025-2029 average global warming will exceed 1.5C threshold

The planet is therefore expected to remain at historic levels of warming after the two hottest years ever recorded in...

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Global maritime trade sails into geopolitical storm

Most large international shipping companies have decided to reroute trading to avoid the Red Sea and Suez Canal through which...

France and Jordan airdrop seven tonnes of aid to Gaza

The French leader posted a photograph of an airman standing on the cargo ramp of a military plane, with parachutes...

Iraq PM says determined to end presence of US-led coalition

Sudani, whose government relies on support from Tehran-aligned parties, has repeatedly said in recent weeks he would like to see...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Houthis hold mass rally for Gaza in Yemen capital

Sanaa, Yemen - Thousands rallied in support of Gaza in the rebel-controlled Yemeni capital Sanaa on Friday, chanting anti-US and anti-Israeli slogans....
  • The Houthis have launched more than 20 attacks on merchant ships in the Red Sea in recent weeks, saying they are acting in solidarity with Palestinians in the face of Israel's war
  • Since the outbreak of the war on October 7, the Iran-backed rebels have organised weekly protests in Sanaa but Friday's demonstration was the "largest."

Response to Aruri killing inevitable, says Hizbollah chief

BEIRUT, LEBANON - The head of Lebanon's Iran-backed Hizbollah group warned Israel on Friday that it will respond swiftly "on the...
  • Saleh al-Aruri, who was killed in a missile strike widely attributed to Israel, is the most high-profile Hamas figure to be killed during the war.
  • Israel has not claimed responsibility for the strike but a US defense official said on Wednesday that Tel Aviv had carried it out.

Google Chrome begins restricting cookies in first step towards elimination

Paris, France - Google has begun limiting third-party cookies for some users of its Chrome web browser, a first step towards...
  • Cookies, small files which are used to target advertising by tracking web navigation, have recently been subject to greater regulation.
  • Google announced in January 2020 that it would begin eliminating third-party cookies within two years, but the start has been delayed several times.