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

Gaza, West Bank should be ‘reunited’ under Palestinian Authority: Biden

Israel's top ally Washington has given its full backing to the country's response to the October 7 shock attack by...
  • "A two-state solution is the only way to ensure the long-term security of both the Israeli and Palestinian people", Joe Biden wrote
  • Netanyahu did not reject Biden's plan, but said the Palestinian Authority "in its current form is not capable of receiving responsibility for Gaza

‘Significant’ pause in Gaza war if hostages freed: US official

The White House said Biden and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani discussed "the urgent need for all hostages...
  • Brett McGurk said there will be a surge in humanitarian relief once hostages are released
  • Jordan's FM said it was "unacceptable" to link humanitarian pauses to release of hostages

WHO calls Gaza’s Al-Shifa hospital death zone

The UN health agency said that it led an assessment mission to the hospital and determined it was a "death...
  • The team could only spend an hour inside the hospital due to the security situation
  • WHO said that there were 32 babies in the hospital "in extremely critical condition"

EU chief says union against ‘forced displacement’ of Palestinians

Cairo, Egypt - European Commission President Ursula von der Leyen on Saturday said she was opposed to the "forced displacement of...
  • Visiting Egypt, Von der Leyen "thanked Egypt for its key role in providing and facilitating humanitarian aid to vulnerable Palestinians"
  • She discussed with Egyptian president "the ongoing humanitarian crisis in Gaza" and a "political horizon based on a two-state solution"

Progress in Starship test launch, but ship and booster explode

"Such an incredibly successful day," a SpaceX announcer said. "Even though we did have a… rapid unscheduled disassembly of both...
  • Unlike the previous such attempt in April, the booster rocket separated successfully from the mega ship, but then blew up, followed shortly by the spaceship itself
  • Bill Nelson, head of the NASA space agency, which is awaiting a modified version of Starship to land humans on the Moon, said Saturday's attempt showed progress.

Palestinian refugees in Lebanon fear for their families in Gaza

Beirut, Lebanon - In a ramshackle Palestinian refugee camp here, Hayat Shehadeh wrings her hands as she watches the Israel-Hamas war....
  • In her Lebanon's refugee camp, Palestinian Fatima al-Ashwah, 61, is glued to television, praying her family members in Gaza are not among those being pulled dead from the rubble.
  • Fighting back tears, she recounted how she had visited Gaza in July, and how the family greeted her and another relative with drums and dancing in celebration at the Rafah crossing

Hundreds flee as Gaza’s main hospital evacuated

Hundreds of people fled after Israel's army ordered the evacuation of Gaza's main hospital where over 2,000 people were trapped...
  • Israel has been pressing military operations inside the hospital, searching for the Hamas operations center it says lies under the sprawling complex.
  • Israel has vowed to destroy Hamas in response to the October 7 attacks which Israeli officials say killed about 1,200 people, most of them civilians.

Sudan asks UN to ‘immediately’ end political mission

The UN chief was informed about the decision by the country's ambassador to the UN, saying Sudan was terminating the...
  • Sudan, however, said it would continue to work "constructively" with the UN
  • More than 10,000 people have died in the civil war, which started on April 15

In shock move, OpenAI sacks ChatGPT star CEO Sam Altman

His dismissal caught the tech world by surprise, with rumors rife on social media as to the cause of the...
  • Altman became a tech world sensation with the release nearly a year ago of ChatGPT, an artificial intelligence (AI) chatbot with unprecedented capabilities
  • Analysts scrambled to interpret the shakeup, and the sacking of 38-year-old Altman, a Stanford University dropout, entrepreneur and computer coder

First fuel consignment enters Gaza as Israel bows to pressure

As UN warns of an increasingly desperate situation for 2.4m Palestinians and pleaded for a ceasefire, the first delivery of...
  • Israel enforced a siege on the territory, allowing just a trickle of aid in from Egypt
  • More than half of Gaza's hospitals are no longer functional due to combat, damage or shortages

India, Pakistan trade accusations after Asia Cup trophy debacle

Dubai, United Arab Emirates - Pakistan captain Salman Agha said India had "disrespected cricket" while Indian counterpart Suryakumar Yadav complained...

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Gaza strikes kill 120 as Hamas says aid entry ‘minimum requirement’ for talks

Aid to Gaza has been cut off since March 2, a tactic Israel has said is intended to force concessions...

Iran, European powers to hold nuclear talks in Turkey

The Istanbul meeting follows Foreign Minister Abbas Araghchi's warning of "irreversible" consequences if the European powers move to reimpose United...

Trump caps Gulf tour in Abu Dhabi with dizzying investment pledges, deal worth $1.4 trn signed

US President Donald Trump on Friday capped off a Gulf tour in Abu Dhabi that has seen the securing of...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Trump says urged Apple to manufacture in US not India

Doha, Qatar - US President Donald Trump said Thursday he urged Apple to manufacture its products in the United States...
  • Trump said he told Cook: "We're not interested in you building in India... we want you to build here and they're going to be upping their production in the United States"
  • Apple announced in February it would invest more than $500 billion in the United States over the next four years and promised to hire 20,000 people in the country

Trump says getting close to deal to avoid Iran action

US President Donald Trump said Thursday a deal was close on Iran's nuclear programme that would avert military action, sending...
  • Trump has said the tour has resulted in trillions of dollars in deals and is hoping to secure more billion-dollar business agreements in the UAE
  • Iran has held four rounds of talks with Trump's administration which has sought to avert threatened military action by Israel

Warm Trump-Erdogan ties puts Turkey at heart of peace diplomacy

Turkey is deploying all-out diplomatic efforts to secure a Russia-Ukraine deal, to ease Syria's relations with the West and facilitate...
  • Turkish President Recep Tayip Erdogan took part remotely in a landmark Riyadh meeting between Trump and Syria's new leader Ahmed al-Sharaa
  • Analysts say Washington has gravitated towards Turkey thanks to the personal connection between Trump and Erdogan