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

Anti-west boycott waves sweep across Middle East in Gaza solidarity

Manama, Bahrain - In a convenience store in Bahrain, 14-year-old Jana Abdullah carries a tablet as she shops, checking a list...
  • Led by tech-savvy youth, the boycott campaign includes browser extensions, dedicated websites and smartphone apps that identify proscribed products.
  • The boycott has been accompanied by calls for Arab states to cut ties with Israel, while pro-Palestinian rallies have taken place weekly in major capitals.

Turkmenistan plants over 470,000 trees in a single day

Turkmenistan is one of the most closed societies in the world, where dissent is outlawed and the Berdymukhamedov family have...
  • The United Nations Food and Agriculture Organization (FAO) says water stress in Turkmenistan is "extremely high".
  • Three-quarters of the country are covered by the black sands of the Karakum Desert and annual precipitation is below 100 mm in places.

European Union to increase Gaza humanitarian aid by $27mn

"By doing so the European Union will spend a total of 100 million euros in humanitarian aid for the civilians...
  • The EU chief Von der Leyen, a staunch supporter of Israel, said it was essential the country "strives to avoid civilian casualties" in its operation in Gaza.
  • Von der Leyen told diplomats that even as conflict rages, there needs to be a "perspective" for a two-state solution.

Russia calls for collective action to end fighting between Israel, Hamas

Russia called for "collective action" to end fighting between Israel and Hamas, including an international conference, almost a month into...
  • Russia maintains ties with both Hamas and Israel and has said it can mediate the conflict.
  • Russia supports calls for collective action to de-escalate the situation in the Middle East and that it was in favour of a “multilateral approach” in regulating the conflict.

Ryanair profits soar

Its net profit is US$2.4bn in the six months to September end.
  • Profit after tax came in at $2.4 billion in the six months to the end of September compared with 1.3 billion euros in the equivalent period one year earlier
  • Chief executive Michael O'Leary said the carrier's full-year outlook "remains highly dependent on the absence of any unforeseen adverse events

US encouraging Israel to kill and carry out cruel acts against Palestinians: Raisi

Tehran, Iran--Iranian President Ebrahim Raisi on Monday accused the United States of "encouraging" Israel to kill and carry out "cruel...
  • Raisi said crimes carried out by Israel against Palestinians are a genocide with the support of the United States and certain European countries
  • The Islamic republic financially and militarily backs Hamas but insists it had no involvement in the Palestinian Islamist group's attacks on Israel

Heads of UN agencies urge Gaza ceasefire in rare joint statement

The heads of 18 organizations including UNICEF, the World Food Program and the World Health Organization described the horrific toll...
  • In Gaza, the UN statement said, "an entire population is besieged and under attack, denied access to the essentials for survival"
  • The UN leaders said more food, water, medicine and fuel must be allowed into Gaza to help its besieged population

In Ankara, Blinken tries to soothe strategic ally Turkey’s anger

Blinken's first visit since Israel went to war with Hamas in reprisal for the militants' October 7 attack comes with...
  • Blinken's visit to Turkey comes amid fury at both Israel and the West boiling over on the streets of Turkey and in the palace of President Recep Tayyip Erdogan
  • Police used tear gas and water cannon to disperse hundreds of protesters who marched on an air base housing US forces in Turkey's southeast

US Secretary of State arrives in Iraq on a surprise visit

During his meeting with Blinken on Sunday, Iraqi Prime Minister reiterated calls for a ceasefire and pointed to "the urgency...
  • Iraqi PM met Blinken with the two expected to discuss the risks of escalation in Israel's war with Hamas
  • Nearly 2,500 American troops are deployed in Iraq, tasked with advising their Iraqi counterparts in the fight against the IS

Jordan air force drops ‘vital medical supplies’ in Gaza

Taking to X, formerly Twitter, King Abdullah said that Jordan's air force personnel air-dropped at midnight urgent medical aid to...
  • Jordan announced the air drop as US Secretary of State Antony Blinken carried out a regional diplomatic tour
  • Gaza continued to be rocked by big explosions for the 30th day since Hamas fighters attacked Israel on October 7th

Netanyahu says Palestinian state would be ‘national suicide’ for Israel and reward for Hamas

Netanyahu, who said his speech was being partially broadcast on Israeli military loudspeakers in Gaza, vowed to "finish the job"...

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Israel not part of Gaza food aid plan: envoy

Israel would not be involved in food distribution under a US-led plan for the Gaza Strip but would provide "necessary military...

Pakistan says India has brought neighbours ‘closer to major conflict’

Pakistan charged India Friday with bringing the nuclear-armed neighbours "closer to a major conflict", as the death toll from three...

Iran top diplomat to visit Saudi, Qatar before Trump tour

Iranian Foreign Minister Abbas Araghchi will visit Saudi Arabia and Qatar on Saturday, his ministry said, days before US President...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Damascus, Ankara agree natural gas deal for Syria

Damascus, Syria - Syrian Energy Minister Mohammad al-Bashir said Friday Damascus and Ankara had reached a deal for Turkey to...
  • Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the country's infrastructure
  • The conflict badly damaged Syria's power infrastructure, leading to cuts that can last for more than 20 hours a day

US says new foundation to spearhead Gaza aid

Israel has imposed a blockade for two months on Gaza, leading UN agencies and other humanitarian groups to warn of...
  • State Department spokeswoman Tammy Bruce said the foundation was non-governmental and would make an announcement "shortly," without offering further details
  • "We welcome moves to quickly get urgent food aid into Gaza... in a way that the food aid actually gets to those to whom it's intended," Bruce told reporters

AI tool selfies predict biological age, cancer survival

FaceAge, a deep learning algorithm described Thursday in The  Lancet Digital Health, converts a simple headshot into a number that...
  • FaceAge, a simple headshot into a number that more accurately reflects a person's biological age rather than the birthday on their chart
  • Trained on tens of thousands of photographs, it pegged cancer patients on average as biologically five years older than healthy peers