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

UN peacekeeping patrol in Lebanon hit by Israeli fire

A four-day truce between Israel and Hamas began on Friday, and a source close to Hizbollah told AFP that the...
  • The UN Interim Force in Lebanon said in a statement that a UNIFIL patrol was hit by IDF (Israeli army) gunfire" in the vicinity of Aitarun
  • It added that no peacekeepers were injured, "but the vehicle was damaged," and that "this incident occurred during a period of relative calm"

Thousands march in Canada for Gaza ceasefire

Carrying placards and waving Palestinian flags, thousands of protestors chanted slogans before Canada's Parliament in Ottawa, demanding a permanent ceasefire...
  • The march came after an online petition presented to lawmakers with 286,719 signatures
  • A temporary truce was largely being respected as Israel and Hamas exchanged prisoners

Latest developments in Israel-Hamas war

Jerusalem -  Plans to release another group of Israeli hostages in exchange for Palestinian prisoners suffered a setback on Saturday,...
  • Hamas is expected to free a total of 50 hostages in exchange for 150 Palestinian prisoners in Israel, under a deal brokered by Qatar, Egypt and the US.
  • About 215 hostages are still held in Gaza, the Israeli army has said, adding however that in many cases it is unknown if they are alive or dead.

Hamas postpones hostage release until Israel sticks to ‘terms of agreement’

Hamas said that it was delaying the release of a second group of Israeli hostages in exchange for Palestinian prisoners...
  • A video released by Hamas showed masked fighters with the green headband of the armed wing, handing hostages over to the Red Cross.
  • Israel released 39 Palestinian women and children from its prisons under an agreement that mandates exchanges at a ratio of three to one.

Every industry should be held accountable on climate, says COP28 president

Paris, France - The president of a pivotal UN climate summit defended on Saturday the large presence of industry representatives at...
  • "Everyone needs to be part of this process and everyone needs to be held responsible and everyone needs to be held accountable," COP28 president Sultan Al Jaber said
  • "That includes all industries and in particular heavy emitting industries like aviation, transportation, aluminum, cement, steel, as well as the oil and gas industry," he added

US says Iran hit Israeli cargo ship in Indian Ocean

An Israeli-owned cargo ship was damaged in a suspected drone attack by Iran's Islamic Revolutionary Guard Corps in the Indian...
  • Maritime security company Ambrey said the ship was reportedly damaged when the unmanned aerial vehicle exploded close to it.
  • The reported attack comes almost a week after Yemen's Iran-backed Houthi rebels seized an Israel-linked cargo ship in the southern Red Sea.

9 civilians killed in Syrian army attack, says war monitor

Syrian government bombardment killed nine civilians including six children as they harvested olives in northwestern Idlib province, the country's last...
  • Hayat Tahrir al-Sham (HTS), led by Al-Qaeda's former Syria branch, controls swathes of Idlib province.
  • HTS is considered a terrorist group by Damascus, as well as by the United States and United Nations.

WHO expresses concern over fate of Gaza hospital chief

The WHO said the head of the biggest hospital in Gaza was arrested on Wednesday along with five other health...
  • The WHO urged for their legal and human rights to be "fully observed during their detention"
  • According to the UN agency, it has carried out three missions to Al-Shifa in the space of a week

Egypt’s president calls for recognition of Palestinian state

Speaking at a joint press conference with with the prime ministers of Spain and Belgium in Cairo, Sisi said revival...
  • The president's remarks come on the first day of the four-day truce between Israel and Hamas
  • Israel's aerial and ground offensive in the Gaza Strip has left 14,854 Palestinians dead

Abu Dhabi Grand Prix: Leclerc fastest, Sainz crashes as Ferrari out-pace Mercedes

On a day of mixed fortunes for the 'scarlet scuderia' at the Yas Marina Circuit, the luckless Sainz – who...
  • Leclerc topped the times by 0.043 seconds ahead of McLaren's Lando Norris, who is chasing the first win of his career, with three-time champion Max Verstappen of Red Bull third
  • Verstappen, who is seeking a record-enhancing 19th win of the season and 54th of his career in Sunday’s race, has won the last three Abu Dhabi events from pole position

AI tool helps Australian researchers treat child epilepsy

Tokyo, Japan -- An artificial intelligence tool that can detect tiny, hard-to-spot brain malformations in children with epilepsy could help...

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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...

Why Israel gets support from central, eastern Europe

Their solidarity came to the fore on Wednesday, when Austria and Germany broke ranks with European Union peers to argue...

Iran, US to hold new round of nuclear talks in Rome

The talks, which began in April, are the highest-level contact between the foes since the United States quit the 2015...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Rubio sees more Arab states normalizing with Israel this year

US Secretary of State Marco Rubio suggested Wednesday that more Arab nations could forge ties with Israel this year, as...
  • Saudi Arabia was in advanced talks on normalization, backed by then-president Joe Biden's administration, before the October 7, 2023 attack by Hamas on Israel
  • Saudi Arabia is considered the ultimate prize by Israel considering the kingdom's role as the guardian of Islam's two holiest shrines and its influence within the Arab and Islamic

US accepts Boeing jet from Qatar for use as Air Force One

US Defense Secretary Pete Hegseth has accepted the Boeing 747 that the Gulf emirate of Qatar offered to President Donald...
  • "The Secretary of Defense has accepted a Boeing 747 from Qatar in accordance with all federal rules and regulations," Pentagon spokesman Sean Parnell said in a statement
  • The US Constitution prohibits government officials from accepting gifts "from any King, Prince or foreign State," in a section known as the Emoluments Clause

Iran says talks with US unlikely to ‘lead to any outcome’

US Secretary of State Marco Rubio said that Iran could have civilian nuclear power while importing enriched uranium but that...
  • "We don't think it will lead to any outcome. We don't know what will happen," said Khamenei during a speech, adding that denying Iran's right to enrich uranium was "a big mistake".
  • Iran currently enriches uranium to 60 percent, far above the 3.67-percent limit set in the 2015 deal and close though still short of the 90 percent needed for a nuclear warhead