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

Nearly 100,000 in pro-Palestinian march in London: police

Demonstrators held signs reading "Freedom for Palestine", "Stop Bombing Gaza" and "End Israeli Apartheid". Many waved Palestinian flags and some...
  • The London march brought traffic at the Marble Arch landmark to a standstill, and police said almost 100,000 had attended
  • Thousands also marched in cities across Spain including the capital Spain, Barcelona, Zaragoza and San Sebastien

US urges parties to keep Rafah crossing open for aid into Gaza

Saturday's was the first such delivery since the war broke out two weeks ago between Israel and Hamas, which rules...
  • Antony Blinken earlier urged "all parties to keep the Rafah crossing open to enable the continued movement of aid"
  • President Joe Biden said that US diplomatic efforts were continuing to allow for Americans to safely leave the territory

UN chief exhorts end to ‘godawful nightmare’ in Gaza

Antonio Guterres addressed a Cairo summit and pleaded for a "humanitarian ceasefire" in the war between Israel and Hamas fighters...
  • Arab diplomats attending Summit for Peace in Egypt's capital described it as fruitless
  • The UN chief said Palestinians need a continuous delivery of aid "at the scale that is needed"

Israeli army-Hezbollah exchange fire on Israel-Lebanon border

Jerusalem - Casualties were reported along the Israel-Lebanon border on Saturday as the army traded fire with Iran-backed group Hezbollah...
  • In Lebanon, Hezbollah said one of its fighters had been killed while in Israel, two Thai farm workers were wounded, emergency services said.
  • In southern Lebanon, at least 23 people have been killed. Most have been combatants, but at least four civilians have also been killed.

US welcomes aid in Gaza, urges parties to keep Rafah crossing open

Washington, US - The United States on Saturday welcomed the arrival of aid trucks from Egypt in the war-torn Gaza Strip,...
  • US Secretary of State Antony Blinken urged all parties to keep the Rafah crossing open to enable the movement of aid that is required for people of Gaza.
  • The opening of the supply route came after days of intense negotiations and an agreement reached by US President Joe Biden with Israeli Prime Minister

Israel raids Hamas deputy leader’s home in West Bank

RAMALLAH, PALESTINIAN TERRITORIES - Israeli troops on Saturday raided the West Bank home of a senior Hamas leader and detained members...
  • Saleh al-Aruri is the deputy to Hamas' overall leader Ismail Haniyeh and one of the founders of the Islamist group's military wing.
  • Troops entered Aruri's home in Arura village, some 20 kilometers north of Ramallah and arrested more than 20 people.

Aid trucks for residents enter Gaza from Egypt

The first aid trucks arrived in the war-torn Gaza Strip from Egypt, AFP journalists said, bringing desperately needed humanitarian relief...
  • The lorries had been waiting for days on the Egyptian side after Israel agreed to allow aid to enter following a request from its top ally the United States.
  • Israel had launched a military campaign and cut food, water, electricity and fuel supplies to the densely populated territory.

Volkswagen revenue up

The automaker made sales to the tune of US$83.5bn in Q3.
  • The automaker's operating profit for the quarter also increased, to around $5.19 billion, on an operating margin of 6.2 percent.
  • The company's sales saw a 20-percent jump in Western Europe, delivering 2.34 million vehicles over the July-September period

Hamas attacked Israel to derail its warming ties with Saudis: Biden

Speaking at a campaign fundraiser, US president said the Saudis wanted to recognize Israel and unite the Middle east, and...
  • After the attack, Saudi officials said the kingdom had suspended talks with Israel on normalization of relations
  • The kingdom's crown prince saw progress in talks with Israel but insisted on movement on the Palestinian cause

Hamas releases two US hostages with hope for more

Tel Aviv, Israel - Gaza's Hamas rulers released two Americans on Friday among some 200 hostages they abducted in brutal October...
  • No details were given on their condition, but US President Joe Biden said he was "overjoyed" at the news
  • Hamas said it was working with Qatar and Egypt to free its "civilian" hostages, in a sign that more releases could follow

Hamas releases video of Israeli-German hostage seen alive

Hamas' armed wing released a video on Monday showing an Israeli-German hostage alive, the second such footage of him shared...

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Tunics & turbans: Afghan students don Taliban-imposed uniforms

Kabul, Afghanistan - Since the start of the school year in March, Afghan boys have been required to wear new...

Syria FM says wants to ‘strengthen relations’ with China

Syrian Foreign Minister Asaad al-Shaibani expressed on Monday his government's willingness to build a "strategic partnership" with China, a key...

Abu Dhabi launches $500mn maternal health fund for Africa

Nairobi, Kenya -- A $500-million fund aimed at improving maternal and neonatal health in sub-Saharan Africa was launched Tuesday in...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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UN rights chief demands world act to stop Israel’s Gaza ‘catastrophe’

"As the complete blockade of assistance essential for survival enters its ninth week, there must be concerted international efforts to...
  • It halted aid deliveries to Gaza on March 2, days before the collapse of a ceasefire that had significantly reduced hostilities after 15 months of war.
  • Supplies are dwindling and the UN's World Food Programme last Friday said it had sent out its "last remaining food stocks".

Meta releases standalone AI app, competing with ChatGPT

San Francisco, United States -- Social media behemoth Meta unveiled its first standalone AI assistant app on Tuesday as it...
  • Zuckerberg said the app "is designed to be your personal AI" and would be primarily accessed through voice conversations with the interactions personalized to the individual user.
  • The release comes as OpenAI stands as a leader of straight-to-user AI through its ChatGPT assistant that is regularly updated with new capabilities.

UN ‘alarmed’ by US strikes in Yemen that Huthis say killed 68 migrants

The United Nations expressed deep alarm on Monday at reports that US strikes on Yemen killed scores of people at...
  • The US military has hammered the Iran-backed Huthis with near-daily strikes since March 15 in an operation dubbed "Rough Rider."
  • Huthi-controlled media said the latest strikes on the movement's stronghold of Saada killed at least 68 people, all Africans