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

Israel says will not allow Gaza-bound aid flotilla to break its blockade

The Global Sumud Flotilla, also carrying prominent pro-Palestinian advocates including Swedish climate activist Greta Thunberg, set sail for Gaza earlier...

China’s top diplomat to pay rare US visit ahead of potential Xi trip

Wang "will conduct in-depth exchanges of views with US leaders on China-US relations and international and regional issues of common...
  • A senior US official said the trip was part of efforts between the world's two largest economies to "responsibly manage our competition."
  • Beijing Tuesday confirmed the dates of the visit and expressed the hope it would help put strained ties "back on track."

Gaza war sparks Arab fears of new Palestinian displacement

"That's how the Nakba started," says the Gaza-based rights group Al Mezan, reflecting regional suspicions that Israel is planning to...
  • Egypt fears that throwing open the gates could facilitate Israeli plans for a forced mass eviction of Palestinians, many of whom are now homeless, sleeping in the open
  • Egyptian President Abdel Fattah al-Sisi has stressed that Israel as an occupying force has responsibility for Palestinian civilians under international law

Microsoft announces $3.2 billion investment in Australia

Details of the deal were outlined by bosses at the US tech giant and by Australia's prime minister, Anthony Albanese,...
  • The tech giant will expand its "hyperscale" cloud computing and AI infrastructure in Australia over the next two years
  • Details of the deal were outlined by bosses at the US tech giant and by Australia's prime minister, Anthony Albanese

French President Macron arrives in Israel on solidarity visit

The French head of state was also due to meet Israeli President Isaac Herzog, as well as opposition leaders Benny...
  • Macron was due to meet Israeli Prime Minister Benjamin Netanyahu to express France's "full solidarity" with Israel after that attack, the French presidency said
  • He is expected to call for the "preservation of the civilian population" in Gaza, amid Israel's relentless bombardment, and as it prepares for a ground invasion

UN General Assembly to discuss Israel-Hamas war on Thursday

Many states including Jordan on behalf of an Arab group of nations, Russia, Syria, Bangladesh, Vietnam and Combodia formally requested...
  • Five of the 15 member states had supported the text, which condemned all violence against civilians
  • US vetoed a second resolution put forward by Brazil as the text did not mention Israel's right to defend itself

World ‘failing’ on pledge to stop deforestation by 2030: NGOs

Deforestation last year was over 20 percent higher than it should have been to meet the leaders' pledge, with 6.6...
  • In 2021, leaders from over 100 countries and territories -- representing the vast majority of the world's forests -- pledged to stop and reverse forest loss by 2030
  • An annual assessment released Tuesday found global deforestation actually increased by four percent last year, and the world remains well off track to meet the 2030 commitment

UN rights chief calls for ‘immediate ceasefire’ in Gaza

Volker Turk exhorted for a ceasefire as the first step in order to save the lives of civilians through the...
  • The Gaza Strip is suffering from severe shortages of water, electricity, fuel and food
  • More than 5,000 people have been killed in the enclave in Israel's bombing campaign

Markets fall as traders wary due to Gaza war, Fed interest rates

Paris, France - Stock markets slid on Monday, extending last week's sell-off n fears of a regional conflict in the Middle...
  • Oil prices slid as Israel's expected ground offensive against Hamas in Gaza was delayed, with diplomats trying to secure the release of more hostages.
  • The concerns about US interest rates have also been affecting bond markets, with the yield on 10-year US government bonds rising above 5.0 percent.

British Steel to cut 2000 jobs

British Steel is battling losses of $36 million a month.
  • The potential staff cuts are said to be a key plank of plans to replace its coal-powered blast furnaces with electric arc furnace (EAF) technology.
  • The switch could unlock new funding for Chinese group Jingye, which has owned British Steel since 2020, including up to £300 million of taxpayer funding.

Putin calls for ‘unhindered access’ for humanitarian aid into Gaza

MOSCOW, RUSSIA - Russian President Vladimir Putin called on Monday for "unhindered access" for humanitarian aid to enter Gaza, in a...
  • The United Nations says Gaza needs about 100 aid trucks a day to meet the needs of its 2.4 million people, nearly half of whom have been displaced.
  • The US has vowed to ensure a "continued flow" of relief items into Gaza, where Israel has cut off most water as well as food, power and fuel supplies.

Palestinians rally in West Bank to celebrate statehood recognition

Crowds of people rallied in the occupied West Bank on Tuesday, waving flags and holding posters of president Mahmud Abbas...

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Latest News

How much blood is enough to satisfy ‘political objectives’: WHO on Gaza

"We are breaking the bodies and the minds of the children of Gaza. We are starving the children of Gaza,...

Slower growth expected in MENA region in 2025: IMF

"Growth is still projected to increase in 2025 and 2026, but at a considerably slower pace than anticipated last October,"...

UAE to lift three-year Lebanon travel ban: statement

Dubai, United Arab Emirates -- The United Arab Emirates will lift a ban on its citizens travelling to Lebanon that...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

‘The Eternaut’ echoes fight against tyranny: Ricardo Darin

Survival through teamwork: It's a tale as old as time with particular resonance today, says Argentine actor Ricardo Darin of...
  • Based on a 1950s comic with iconic status in the South American country, the sci-fi series tells the story of a mysterious, toxic snowfall that precedes an alien invasion of Buenos
  • More elementally, it is about ordinary people with few resources and no special powers who collectively stare down a totalitarian threat, Darin, 68, told AFP in an interview

US imposes sanctions to curb Iran oil despite talks

The United States said Wednesday it was imposing sanctions on seven companies involved in selling Iranian oil, tightening pressure despite...
  • The United States said it was targeting five trading companies -- four based in the United Arab Emirates and one in Turkey
  • The move comes just after Iran announced a fourth round of talks with President Donald Trump's administration to take place Saturday in Rome

AI companions present risks for young users, US watchdog warns

New York, United States -- AI companions powered by generative artificial intelligence present real risks and should be banned for...
  • The watchdog, Common Sense, tested several of these platforms, namely Nomi, Character AI, and Replika, to assess their responses.
  • While some specific cases "show promise," they are not safe for kids, concluded the organization, which makes recommendations on children's use of technological content.