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

For a diaspora soccer club in Chile, ‘Palestine exists’

Santiago, Chile - Thousands of miles from the Middle East, in a stadium in Santiago, Chile, the nation of Palestine exists,...
  • A banner reading "In memory of those who are no longer with us" was displayed in the stands, where a section of seats was left empty to represent the dead
  • Chile is home to the largest Palestinian community outside the Arab world, with the first immigrants arriving from Bethlehem, Beit Jala and Beit Sahour

250,000 people died in Europe due to air pollution, says agency

Stockholm, Sweden - Fine particle pollution caused the deaths of over 250,000 people in the European Union in 2021, according to...
  • The figure represents an increase compared to 2020, when fine particles were attributed to the premature death of 238,000 people.
  • Fine particulate matter, or PM2.5, is a term for fine particulates that are typically the by-product of car exhausts or coal-fired power plants.

ADNOC unveils inaugural green hydrogen refueling station

Abu Dhabi, UAE - ADNOC announced on Friday it opened “H2GO”, the region’s first high-speed green hydrogen pilot refueling station,...
  • The station will be operated by ADNOC Distribution, and is likely to create green hydrogen from water using an electrolyser powered by clean grid electricity.
  • The hydrogen supplied at the pilot station will be certified as “green” from solar sources by the International REC Standard.

Meals to woof down at Italy’s first dog restaurant

Thirsty pups can opt for a green apple and watermelon juice, or go wild and have a pear, strawberry or...
  • Pepe, a four-year-old Bichon with a naughty face, licks every last crumb off his elegant black bowl, almost taking the geometric patterns off too
  • Portions are tailored to the dogs' size -- S (for those weighing two to 10 kilograms), M (11-20 kg), L (21-30 kg) and even XL (over 30 kg)

Gaza focus as French foreign minister meets China’s PM, FM

Beijing has this year sought to play a greater role in the Middle East, facilitating a historic rapprochement between Saudi...
  • Colonna's talks in Beijing come the same day that a truce between Israel and Hamas took effect, with the group set to release a first group of 13 hostages
  • "China is an actor with growing weight in the region" due to its "strong relationship" with Iran, a French diplomatic source said this week

39 Palestinians freed in exchange for 13 Israeli hostages as truce sets in

Weeks of talks involving Israel, Hamas, Qatar, Egypt and the US saw three girls and a boy, aged from two...
  • Israel is set to release three times as many Palestinian prisoners from Israeli jails -- women and teenage boys.
  • A dozen Thai hostages kidnapped during Hamas's October 7 raids into Israel were also released on Friday, Thailand's Prime Minister Srettha Thavisin announced.

Nissan invests in new electric cars

Japanese auto giant Nissan will invest up to £1.12 billion.
  • Nissan will plough the cash into electric versions of its Juke and Qashqai models in Sunderland, which is its largest factory in Europe and employs around 6,000 people
  • The news will spark further investment in infrastructure projects and the broader supply chain which could bring the total investment up to £2 billion

Afghan embassy in India announces ‘permanent closure’

Most foreign nations -- including India -- do not officially recognize Afghanistan's Taliban government but acknowledge them as the de...
  • New Delhi evacuated its entire mission from Kabul as Taliban closed in on Afghan capital in August 2021, but last year sent back a small team to reopen its sprawling embassy
  • Most foreign nations similarly withdrew diplomatic staff at the time and have not returned, although a handful of embassies including Pakistan, China and Russia never closed

Germany says raided homes of Hamas supporters

Germany on November 2 banned Hamas and Samidoun. According to official figures, Germany hosts an estimated 450 members of Hamas,...
  • Around 500 members of the security forces led the operation, with 13 places searched in the capital Berlin, the interior ministry said
  • Four other regions were targeted to a lesser extent as police seized smartphones, laptops and various writings, the ministry added

Israel-Hamas truce begins, hostages to be released

An Egyptian security source told AFP that Israeli security officials, International Red Cross-Red Crescent staff and an Egyptian team would...
  • The deal, facilitated by Qatar, Egypt and the United States, is to take effect in stages that can be extended and broadened.
  • The agreement follows weeks of war in the Gaza Strip after Hamas members attacked Israel on October 7.

Human skin cells turned into fertilisable eggs for first time

Paris, France -- Scientists said Wednesday they have turned human skin cells into eggs and fertilized them with sperm in...

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Gazans mourn at dawn after night of intense Israeli strikes

Gaza's civil defence agency said that more than 20 air strikes hit Khan Yunis and its surroundings overnight, with the...

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...

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

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EU to lift all economic sanctions on Syria to help the war-torn country

EU countries agreed Tuesday to lift all their remaining economic sanctions on Syria in a bid to help the war-torn...
  • The move from the European Union comes after US President Donald Trump announced last week that Washington was lifting its sanctions against Syria.
  • The country's new rulers have been clamouring for relief from the crushing international punishment imposed after Assad's crackdown on opponents

WHO adopts landmark pandemic agreement after over 3 years of negotiations

Geneva, Switzerland - The World Health Organization's member states on Tuesday adopted a landmark Pandemic Agreement on tackling future health...
  • The accord aims to prevent the disjointed responses and international disarray that surrounded the Covid-19 pandemic by improving global coordination
  • The agreement aims to better detect and combat pandemics by focusing on greater international coordination and surveillance, and more equitable access to vaccines

UAE-Morocco consortium sign $14 billion worth of energy, water infrastructure projects

Morocco on Monday signed deals with an Emirati-Moroccan consortium for energy and water infrastructure projects, which according to one of...
  • The projects aim to "strengthen both water security and energy independence" in Morocco, the signatories said in a joint statement
  • The total investment amounts to nearly 130 billion dirhams by 2030, Taqa Morocco said in a separate statement