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

Apple defends anti-abuse features

Encryption, privacy specialists have said the tool could be exploited.
  • Last week, Apple unveiled two features to debut on iPads and iPhones in the United States
  • Encryption and privacy specialists have said the tool could be exploited for other purposes, potentially opening a door to mass surveillance

Palestinians get 150,000 doses of Pfizer virus vaccine

A Health Ministry statement said that of 4 million doses ordered from the pharmaceutical giant, 1 million have been received...
  • On Thursday, authorities identified 199 new infections in the West Bank, which is home to 2.8 million Palestinians.
  • There have been 2,503 deaths from coronavirus in the West Bank out of a recorded 200,838 cases.

Cargo ship splits in two after running aground at Japan port

Aerial images showed the separated stern of the Crimson Polaris tipped upwards and the other part of the stricken boat...
  • Aerial images showed the separated stern of the Crimson Polaris tipped upwards and the other part of the stricken boat listing into the sea
  • Authorities were trying to contain the oil leak but had not yet been able to erect an oil fence around the boat

Iran president in Oman as nuclear talks progress

Iranian President Masoud Pezeshkian on Tuesday began a two-day visit to Oman, which is mediating ongoing nuclear talks between Tehran...

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Blinken to tackle Gaza, NATO expansion with Turkey’s Erdogan

Turkish President Recep Tayyip Erdogan has turned into one of the Muslim world's harshest critics of the scale of death...

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....

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

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Eurozone inflation rises to 2.9% in Dec mainly due to energy costs

The data supports comments by European Central Bank (ECB) chief Christine Lagarde, who has warned that Europe should remain on...
  • Energy prices in the eurozone fell in December, by 6.7 percent on an annual measure, but that was less than the 11.5 percent drop in November
  • Among the 20 countries that use the euro, Belgium and Italy had the lowest inflation rate, reaching 0.5 percent in December

Tesla to recall 1.6m EVs in China

China is a vital component in US-based Tesla's global layout.
  • Problems related to assisted driving functions and door-locking systems are said to be the reason for the recall of cars
  • The recall also includes 7,538 imported Tesla models made between October 26, 2022 and November 16, 2023

Dubai records $1.57 billion in weeklong real estate transactions

Dubai, UAE -- A total of 1,721 real estate and properties transactions valued at AED 5.8 billion ($1.57 billion) were...
  • The DLD weekly report said that114 plots were sold for AED 1.36 billion, 1,183 apartments and villas were sold for AED 3.13 billion.
  • A total of 98 properties were granted between first-degree relatives worth AED 617 million.