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

Israel says truce extension with Hamas a possibility

The terms of the truce agreement pausing the fighting in the Gaza Strip say it can be extended beyond its...
  • Hamas has signaled its willingness to extend the truce, with reports that the group had informed mediators they were open to prolonging it by "two to four days".
  • An Egyptian security source said that there was disagreement between the two sides on the mechanism of the extension.

Saudi-backed Newcastle face Champions League reality check

Manchester, United Kingdom - Newcastle must overcome the might of Paris Saint-Germain and a mounting injury list if the Magpies' first...
  • Damaging back-to-back defeats to Borussia Dortmund have left Eddie Howe's men sitting bottom of a devilishly difficult Group F
  • Newcastle are aiming to follow in the footsteps of Manchester City as a state-backed project that can go onto dominate English football and conquer Europe

$37 billion private funding announced for new UK projects

Spanish energy company Iberdrola announced £7 billion of funding for offshore wind infrastructure while US tech giant Microsoft plans to...
  • The UK government said the new investment would create 12,000 jobs "in our most innovative sectors, including tech, life sciences, renewables, housing and infrastructure
  • Investments announced on Monday included £10 billion over the next four years from Australian fund IFM Investors "for large-scale infrastructure and energy transition projects"

Stock markets on hold as investors await key US inflation data

Stock markets were mostly in wait-and-see mode as investors eyed the release this week of key US inflation data that...
  • The Dow edged higher at the open, while the S&P 500 and Nasdaq drifted lower.
  • With Wall Street seeing little action at the back of last week owing to the Thanksgiving break, traders had few catalysts to drive action.

COP28 host UAE braces for rising heat risk, targets carbon neutrality

As global temperatures tick higher, with this year on course to be the hottest on record, the UAE is changing...
  • The UAE's scorching summers, when many flee for cooler climes and the streets empty, look set to worsen due to climate change, various studies show
  • The region's extreme heat and high humidity are a dangerous mix as in such conditions the human body struggles to cool itself by evaporating sweat on the skin

Palestinian family in Lebanon grieves for 12 dead Gaza relatives

Beirut, Lebanon -- From Lebanon, Palestinian Fatima al-Ashwah has been praying for relatives in Gaza, but received grim news that...
  • Earlier this month, Ashwah, 61, had expressed grave fear for the safety of about 70 extended family members in Gaza.
  • Israeli bombing killed around 12 of them days before a temporary truce between Israel and Hamas.

US police look into ‘hate crime’ after Palestinian students shot

The shooter, who is still on the loose, was described by police as "a white man with a handgun." The...
  • A police statement said two of the victims were in stable condition, and the third suffered "much more serious injuries"
  • Bernie Sanders, the independent Vermont senator, called the attack "shocking and deeply upsetting"

China FM to visit New York for UN talks on Israel-Hamas conflict

Beijing, China--China's top diplomat Wang Yi will visit New York this week to hold a United Nations Security Council meeting on...
  • China, according to its foreign ministry, will hold a high-level meeting on the Palestinian-Israeli issue on November 29
  • Beijing welcomed a truce between Israel-Hamas, which began Friday and led to dozens of hostages being freed

Tens of thousands of Moroccans in pro-Palestinian demo

The fledgling rapprochement between the North African country and Israel had made steady progress since 2020 when the two governments...
  • Journalist reported Sunday that demonstrators in Casablanca waved Palestinian flags and demanded that Rabat suspend ties with Israel
  • Pro-Palestinian demonstrations had declined in recent years in Morocco, but have surged since the Gaza war broke out

Musk to meet Israeli president, hostage families

Musk, owner of X, formerly known as Twitter, has come under fire over what critics say is a proliferation of...
  • Herzog's office said the meeting would be joined by "representatives of families of hostages held by Hamas, who will speak about the horrors of October 7"
  • "In their meeting, the President Isaac Herzog will emphasize the need to act to combat rising antisemitism online," Herzog's office said.

Tony Blair: former UK premier central to Trump’s Gaza plan has long been a contentious figure

Tony Blair, Britain's former prime minister whose legacy was heavily tarnished by the 2003 war in Iraq, has long been...

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Syrian leader meets Turkish president in Istanbul

Syria's interim leader met with Turkey's president in Istanbul on Saturday, in an unannounced visit amid efforts by the new...

Palestinian faction chiefs quit Damascus amid pressure

The leaders of pro-Iran Palestinian factions close to former ruler Bashar al-Assad have left Syria under pressure from the new...

Doubt cast on claim of ‘hints’ of life on faraway planet

Paris, France - When astronomers announced last month they might have discovered the most promising hints of alien life yet...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Trump fires new 50% tariff threat at EU, drawing stiff response

Washington, United States - President Donald Trump rekindled the US trade war on Friday, threatening to impose a 50 percent...
  • If they come into effect, the new duties on Brussels would dramatically raise Washington's current baseline levy of 10 percent
  • The US president has also introduced sector-specific measures on automobiles, steel and aluminum not produced in the United States

Israeli embassy staffers shot in Washington: how it unfolded

Elias Rodriguez faces murder and other charges after allegedly gunning down two Israeli embassy staffers outside the Capital Jewish Museum...
  • Elias Rodriguez, 31, traveled to Washington from Chicago on Tuesday with a legally purchased gun in his checked baggage
  • The suspect walked past Lischinsky and Milgrim, then turned to shoot them in their backs, "firing several times," the complaint said

Israeli director Nadav Lapid decries ‘blindness’ over Gaza

Cannes, France - Director Nadav Lapid said his new film "Yes" about a musician asked to re-write the Israeli national...
  • Lapid has previously dissected his country's ills in "Synonyms", which won the Golden Bear in Berlin in 2019, and "Ahed's Knee" (2021)
  • In "Yes", he portrays a society buried under its own "dark side" since Palestinian militants Hamas attacked Israel on October 7, 2023