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

Net-zero targets must include fossil fuel ‘phase-out’: monitor

According to a new report from Net Zero Tracker, at least 150 countries have committed to a net-zero emissions target...
  • The report looked at nations, cities and large companies committed to any kind of net-zero target
  • African and European companies were relatively well represented in the phase-out plans

No science that oil phase-out will fix climate: COP28 chief

Sultan Al Jaber -- who also heads state oil giant ADNOC -- made the comments during a testy exchange with...
  • Jaber has repeated that phasing out hydrocarbons is inevitable, but that it cannot happen before viable alternatives are in place -- and that developed nations must lead the way.
  • Specifying a "phase-out" or "phase-down" of fossil fuels is one of the main battles facing negotiators at COP28, where they will try to reach new a pact on fighting global warming.

Pope deplores end to Gaza truce, urges new ceasefire

"There is so much suffering in Gaza," the pontiff said in comments from his private residence, which were read by...
  • In the comments, Francis said the end of the ceasefire meant "death, destruction, misery", stressing that the besieged Palestinian territory lacked even essential supplies.
  • He said the situation in Israel and the occupied Palestinian territories was "serious". "Many hostages have been freed but so many others are still in Gaza," he said.

Maghreb farmers fight climate change with drones

The use of modern technologies in agriculture is globally on the rise, including in North Africa where countries rank among...
  • Tunisia is currently experiencing its eighth year of drought (four of which were consecutive) in recent years, according to its agriculture ministry.
  • Algeria, Morocco and Tunisia ban the use of unmanned drones without a permit, which in the case of commercial uses can take months to be issued.

Freed Israeli hostages speak out for remaining captives’ release

The hostages, most of whom were freed during a seven-day truce between Israel and Hamas, spoke in a video broadcast...
  • The freed hostages urged the government to take all action necessary to secure the remaining captives' release
  • Israeli army spokesman Daniel Hagari said Saturday that 137 Israelis and foreign nationals remained captive in the Gaza Strip

Israel and Hamas trade strikes as Palestinian toll mounts

Smoke again clouded the sky over the north of the Palestinian territory, whose Hamas government said 240 people had been...
  • According to the UN, an estimated 1.7m people in Gaza have been displaced by eight weeks of war
  • Fadel Naim, chief doctor at Al-Ahli Arab hospital in Gaza, said his morgue had received 30 bodies on Saturday

Morocco gardening school cultivates hope for marginalised youth

Launched by the Islamic Culture Foundation in 2018, Bouregreg Med-O-Med school provides free training to dropouts and other marginalized youths...
  • Bouregreg Med-O-Med school in Morocco aims to raise awareness about climate change while promoting the social inclusion of marginalized young people
  • The school has a nursery of local plants that are better adapted to water stress, which is crucial for Morocco as the country suffers its worst drought in almost 40 years

US defense chief urges Israel to shield civilians to win in Gaza

Austin told the Reagan National Defense Forum that he had "learned a thing or two about urban warfare" while fighting...
  • Fighting between Israel and Hamas resumed the day before after a week-long truce
  • Israel's war on Gaza began after Hamas carried out a shock cross-border attack on October 7

US Commerce chief warns against China ‘threat’

Gina Raimondo unveiled a series of  restrictions on the export of advanced chips to China, including those used in the...
  • Gina Raimondo called Beijing "the biggest threat we've ever had" and stressed "China is not our friend
  • The world's top two economies are locked in a fierce commercial and geopolitical rivalry

Israel’s goal to destroy Hamas risks decade of war: Macron

Speaking at a press conference on the sidelines of the UN's COP28 climate talks in Dubai, French President Emmanuel Macron...
  • Macron wondered if total destruction of Hamas was possible, and if it is, the war will last 10 years
  • He traveled to Doha on Saturday to meet with Qatar's Emir Tamim bin Hamad Al-Thani

Over a dozen Australian suncreams pulled over safety concerns

Sydney, Australia - The makers of over a dozen suncreams have halted sales in Australia after a consumer advocacy group...

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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...

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...

US no longer recommends Covid shots for children, pregnant women

Washington, United States - The US will no longer recommend Covid-19 vaccines for children and healthy pregnant women, Health Secretary...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Is Cristiano Ronaldo leaving Saudi Arabia? Cryptic post fuels speculation

Riyadh, Saudi Arabia --  Questions swirled over Cristiano Ronaldo's future in Saudi Arabia on Tuesday, hours after the superstar indicated...
  • The 40-year-old Portuguese forward joined Al Nassr in 2022 from Manchester United and his contract with the Saudi club ends this summer.
  • Ronaldo's potential exit from Saudi Arabia will likely raise fresh questions about how the Saudi Pro League would fare in his absence.

South East Asia, Gulf and China three-way talks ‘response to call of times’

The trade-dependent economies are looking to insulate themselves after US President Donald Trump blew up global trade norms by announcing...
  • Though he subsequently instigated a 90-day pause for most, the experience has spurred ASEAN and others to accelerate efforts to diversify their trading networks.
  • China is only Southeast Asia's fourth largest source of foreign direct investment, after the United States, Japan and the European Union, noted NUS' Chong.

US-backed group says it has begun aid distribution in Gaza

A controversial US-backed aid group for Gaza announced Monday that it had begun distributing food in the war-ravaged Palestinian territory,...
  • The Gaza Humanitarian foundation (GHF) said in a statement that it commenced operations in Gaza today, delivering truckloads of food to its Secure Distribution Sites
  • The United Nations and international aid agencies have meanwhile said they will not cooperate with the GHF, amid accusations it is working with Israel