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 connectivity ‘being restored’: Internet monitor Netblocks

Internet and phone access had been cut off across Gaza since Friday, as Israel bombarded the territory. Relentless Israeli strikes on...
  • "Real-time network data show that internet connectivity is being restored in the #Gaza Strip," the company wrote on X, formerly Twitte
  • The Palestinian Red Crescent said the communications blackout had blocked emergency calls and disrupted critical ambulance services

Israel hostage families demand answers from Netanyahu government

Families are increasingly angry over the "absolute uncertainty" they face over the fate of the hostages, particularly in the heavy...
  • Netanyahu broke off from war planning for a hastily arranged meeting with hostage families after they had threatened to start street protests to highlight their desperation
  • Israeli PM told the families "we will exhaust every possibility to bring them home," according to a video released by his office, according to a video released by his office

Guterres warns Gaza growing more desperate ‘by the hour’

The UN relief agency for Palestinian refugees (UNRWA) said wheat, flour and other supplies had been pillaged at several warehouses....
  • I regret that instead of a critically needed humanitarian pause, supported by the international community, Israel has intensified its military operations," Guterres said.
  • Turkey's centenary celebrations were Sunday eclipsed by President Erdogan's increasingly fierce attacks against Israel over its massive bombardment of Gaza.

Lebanon court orders ex-car boss Ghosn out of Beirut home

Ghosn and his wife must "vacate the property... within a month", according to a copy of the decision seen by...
  • Ghosn, who took up residency in the Beirut property after fleeing prosecution Japan in 2019, appealed the ruling on Friday, the Judicial official said
  • Phoinos initiated the legal action in 2019 and has accused Ghosn of "trespassing on private property and living in the home without legal basis", the official added

Relations sour between Turkey and Israel after Erdogan’s speech

Israel and Turkey -- an overwhelmingly Muslim nation that forms the bulwark of NATO defenses on the edge of the...
  • Erdogan accused the Israel government of behaving like a "war criminal" and trying to "eradicate" Palestinians
  • Israeli Foreign Minister Eli Cohen recalled all diplomatic staff from Turkey moments after Erdogan finished his remarks

Arab states voice opposition to Israel’s invasion into Gaza

Leading Arab opposition to Israel's planned invasion of the Gaza Strip, Saudi Arabia has denounced "any ground operations" due to...
  • The UAE, Qatar, Oman and Kuwait have cautioned against the Israeli ground invasion of the Gaza Strip
  • The Hamas-run health ministry in Gaza says Israeli strikes have killed 7,703 people including more than 3,500 children

ICRC chief urges end to ‘catastrophic’ Gaza suffering

Mirjana Spoljaric, the president of the ICRC spoke of her shock at the " intolerable level of human suffering" and...
  • She spoke after the UN chief sharply criticised the "unprecedented escalation" of bombardments on Gaza
  • Israel warned Gaza residents in the north that the area was now a "battlefield", ordering them to leave

Hamas asks Israel to free Palestinian prisoners in lieu of releasing hostages

Gaza City -- Hamas's armed wing said on Saturday it was ready to release the hostages it abducted during its...
  • "The price to pay for the large number of enemy hostages in our hands is to empty the (Israeli) prisons of all Palestinian prisoners,"  said a Hamas member
  • "If the enemy wants to close this file of detainees in one go, we are ready for it. If it wants to do it step-by-step, we are ready for that too," he added

Musk says Starlink internet to support Gaza’s ‘recognized’ aid groups

Paris, France - Billionaire Elon Musk said on Saturday that his Starlink satellite service would support internet access for "internationally recognized...
  • "Starlink will support connectivity to internationally recognized aid organizations in Gaza, "Elon Musk wrote on X, formerly Twitter, which he also owns.
  • Starlink is a network of satellites in low Earth orbit that can provide internet to remote locations, or areas that have had communications infrastructure disabled.

Israeli settler kills a Palestinian in West Bank

Nablus, Palestinian Territories - One Palestinian was killed on Saturday by an Israeli settler near the northern city of Nablus in...
  • Bilal Abu Salah, 40, was "shot in the chest by a settler" in the village of Sawiya near Nablus, a Palestinian health ministry statement said.
  • An official told AFP that Abu Salah was killed while he was harvesting olives with other members of his family.

Meta activates Facebook ‘teen accounts’ worldwide

Paris, France -- Meta said Thursday it was activating so-called "teen accounts" with additional protections for adolescent Facebook and Messenger...

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Trump eyes Erdogan’s help to end Ukraine war

NATO member Turkey has sought to maintain good relations with both of its Black Sea neighbors since the Russian invasion...

Iran says Israel’s Netanyahu dragging US into ‘disaster’ in region

Tehran, Iran - Iran's Foreign Minister Abbas Araghchi on Monday accused Israeli Prime Minister Benjamin Netanyahu of attempting to drag...

Pakistan conducts second missile test, India readies civil defence drills

Islamabad, Pakistan - Pakistan conducted a second missile test and India ordered civil defence drills in an escalating stand-off over...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Iran unveils new ballistic missile with 1,200 km range

Iran on Sunday unveiled a new solid-fuel ballistic missile with a range of 1,200 kilometres (745 miles), state television reported,...
  • Western nations have raised concerns about Tehran's missile capabilities, accusing it of destabilising the Middle East
  • Iran supports the "axis of resistance" network of militant groups opposed to Israel, including Yemen's Huthi rebels

Trump says ordering ‘100% tariff’ on all movies produced abroad

Washington, United States - President Donald Trump said Sunday he was ordering new tariffs on all films made outside the...
  • The announcement comes as the White House is coming under mounting criticism over its aggressive trade policies that have seen Trump impose sweeping tariffs on other countries
  • Trump's post comes after China, which has taken the brunt of the US president's combative trade policies with 145% tariffs on many goods, said it would reduce import of US films

‘Bombshell’ OPEC+ output hike hits oil price

Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded water...
  • The output increase of 411,000 barrels a day announced by Saudi Arabia, Russia and six other members of the oil cartel on Saturday added to concerns about over-supply
  • The price of crude has already been sliding because of fears of a global economic slowdown on the back of US President Donald Trump's tariff onslaught