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

Protestors demand end of fossil fuels, Gaza war at COP28

The demonstrators chanted "Climate justice!" and "Ceasefire now!" as they held pro-environment banners painted in the colors of the Palestinian...
  • The 'Blue Zone' where the COP28 talks are taking place is currently under UN control.
  • At least 17,490 people, mostly women and children, have been killed in Israeli attacks

Yemen’s Houthi rebels threaten Israel-bound Red Sea ships

The latest warning comes amid heightened tensions in the Red Sea and surrounding waters following a series of maritime attacks...
  • Yemen's Houthis have recently attacked ships they claim have direct links to Israel, but their latest threat expands the scope of their targets
  • Israel's national security adviser said his country would not accept the "naval siege noting Benjamin Netanyahu had asked Joe Biden to address the situation

Egypt election offers more of the same despite crisis

In a country gripped by the most severe financial crisis in its recent history-- inflation has hovered near 40% after...
  • Voting will take place from Sunday until Tuesday, between 9:00 am and 09:00 pm each day
  • Some 67 million people are eligible to vote, and all eyes will be on turnout

Israelis demand release of hostages held by Hamas

Carrying placards with messages like "bring them home now", hundreds of Israelis took to streets in Tel Aviv on Saturday...
  • At least 105 hostages were set free by Hamas in exchange for the freedom of 240 Palestinian civilians
  • According to Israeli authorities, at least 137 hostages are believed to still be in Hamas captivity

OPEC chief says ‘single solution’ non existent for energy transition

Dubai, UAE - The OPEC oil cartel said Saturday there was no "single solution" to the energy transition as pressure grows...
  • "There is no single solution or path to achieve a sustainable energy future," said a speech by OPEC secretary general Haitham Al Ghais
  • "We need realistic approaches to tackle emissions, ones that enable economic growth, help eradicate poverty and increase resilience at the same time," he said

China pushes for ‘acceptable’ to all deal on fossil fuel at COP28

Despite efforts by the OPEC oil cartel to block any text targeting fossil fuels at COP28, Chinese envoy Xie Zhenhua...
  • Negotiations in Dubai have focused on calls to phase out the global extraction of oil, gas and coal in hopes of tackling the planet's worsening climate change.
  • The roles of China and the US are considered crucial for the world to make any progress in efforts to limit warming to 1.5 degrees Celsius.

Turkish President Erdogan slams UNSC over failed Gaza truce bid

Istanbul, Turkey - Turkish President Recep Tayyip Erdogan on Saturday denounced the UN Security Council after the United States vetoed a...
  • "Is this justice?" asked Erdogan, adding that "the world is bigger than five," a reference to the five veto-wielding nations in the UN Security Council.
  • "The United States stands by Israel with its money and military equipment. Hey, America! How much are you going to pay for that?" he added.

Nadia Calvino is now European Investment Bank head

BRUSSELS, BELGIUM - Margrethe Vestager is preparing to return to her day job as the European Union's competition chief after a...
  • After the EU selected Nadia Calvino, Margrethe Vestager, 55, said she would "resume" her duties at the European Commission, the Eu's executive arm.
  • Vestager's star has waned in recent years following a series of setbacks in EU courts against some of the world's biggest companies, including Apple.

Israel continues Gaza bombing as US blocks UN truce bid

Israel bombarded targets in Gaza after the United States blocked an extraordinary UN bid for a ceasefire in the war...
  • Iran, which backs Hamas, warned about the possible "uncontrollable explosion in the situation of the region" after the US move.
  • Many of the 1.9 million Gazans displaced by the war have headed south, turning Rafah near the Egyptian border into a vast camp.

Mahsa Amini’s family blocked from leaving Iran for EU rights prize

PARIS, FRANCE - The family of Mahsa Amini, the Iranian Kurdish woman who died in custody, have been banned from traveling...
  • Her family's lawyer in France, Chirinne Ardakani, said that Amini's parents and brother had been prohibited from boarding a flight.
  • She said the family had been banned from leaving Iran despite having a valid visa, and their passports had been confiscated.

Not all ‘A’s: Unconventional paths that led to Nobels

Stockholm, Sweden -- Some Nobel laureates were straight-A students from the get-go. But others AFP spoke to recounted how they...

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Israeli gunfire kills 10, wounds over 100 near aid site in Gaza

"At least 10 Palestinians were killed and more than 100 others... were wounded due to gunfire from Israeli vehicles towards...

Silicon Valley VCs navigate uncertain AI future

The generative AI frenzy unleashed by ChatGPT in 2022 has propelled a handful of venture-backed companies to eye-watering valuations.

How social media can ‘trigger’ eating disorders in young people

Paris, France -- Social media can push vulnerable young people towards developing eating disorders by glorifying thinness and promoting fake,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Arab ministers condemn Israel ‘ban’ on planned West Bank visit to meet president Abbas

The ministers condemned "Israel's decision to ban the delegation's visit to Ramallah (on Sunday) to meet with the president of...
  • Ministers from Saudi Arabia, Egypt, Jordan and Bahrain had been expected to take part alongside the secretary-general of the Arab League
  • Israel had announced late Friday that it would not cooperate, effectively blocking the visit as it controls the territory's borders and airspace

Saudi top diplomat says ‘at vanguard’ of efforts to rebuild Syria after 14 years of civil war

On a visit to Riyadh earlier this month, US President Donald Trump said he would lift US sanctions on Syria,...
  • Prince Faisal had landed in the Syrian capital earlier, alongside an economic delegation on a visit to discuss ways to support Syria's war-ravaged economy, authorities said
  • Saudi Arabia has been one of the most important regional supporters of Syria's new authorities, who took over after ousting longtime ruler Bashar al-Assad in December

Stitching change: Moroccan women weave livelihoods through Art

Sidi Rbat, Morocco - In a small village on the coast of southern Morocco, women gather in a house to...
  • In a quiet Moroccan village, a women's embroidery workshop is stitching together livelihoods and self-worth
  • Through thread and fabric, rural women are transforming tradition into empowerment and economic independence