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

Biden to visit Israel, will also meet King Abdullah II, Sisi, Abbas in Jordan

Biden will visit Tel Aviv, National Security Council spokesman John Kirby said in Washington. He also announced that Biden would...
  • Biden "will hear from Israel what it needs to defend his people as we continue to work with Congress to meet those needs," Blinken said
  • US officials said that a new US coordinator on humanitarian aid, David Satterfield, would work with Israel to develop more concrete plans

Russia returns four Ukrainian children in Qatari deal

Since its invasion of Ukraine in February last year, Russia has been accused of taking thousands of Ukranian chlidren to...
  • The children are going back to Ukraine via Qatar, Estonia, Poland, Latvia and Lithuania
  • Ukraine has welcomed the return of the four children, describing it an "important day"

WHO says only 24 hours for aid to enter Gaza before catastrophe

If aid is not allowed into the besieged territory, doctors will have to "prepare death certificates for their patients," WHO...
  • With emergency responders overwhelmed, doctors working around the clock and a dire lack of space, "bodies cannot be properly taken care of", WHO official said
  • Overcrowding has paralyzed hospitals, where "intensive care units, operating rooms, emergency services and other wings" are all on the brink of collapse, he said

Iran says time running out for political solution in Gaza war

TEHRAN, IRAN - Iran on Monday said time was running short to reach a political solution in the Israel-Gaza conflict, warning...
  • Iranian President Ebrahim Raisi on Monday held phone calls with his Russian and Turkish counterparts.
  • During his phone call with Russian President Vladimir Putin, Raisi warned of a "possibility of expanding the scope of war and conflict to other fronts".

Arab groups quit German Book Fair after Palestinian author row

Frankfurt, Germany - The postponement of a Palestinian author's award ceremony at the Frankfurt Book Fair due to the Israel-Hamas conflict...
  • Sharjah Book Authority, in the United Arab Emirates, said in a statement that "we champion the role of culture and books to encourage dialogue and understanding between the people.
  • Adania Shibli was due to receive the honor for her book "A Minor Detail," a work based on the real events of a 1949 rape and murder by Israeli soldiers.

Israel says Hamas took 199 people as hostages during attack

Jerusalem, Undefined - The Israeli military on Monday raised the figure to 199 people confirmed to have been abducted by Hamas...
  • "We have updated the families of 199 hostages," military spokesman Daniel Hagari told a media briefing, revising up an earlier figure of 155 captives.
  • "The efforts on the hostages are a top national priority," Hagari said. "The army and Israel are working around the clock to bring them back."

China prepares for BRI summit under shadow of Israel-Gaza war

At the top of the invitation list to China's Belt and Road Initiative forum is Russia's President Vladimir Putin, on...
  • While China hopes the forum will help boost its international standing, Israel's war with Palestinian organization Hamas will continues to dominate the headlines
  • China's Foreign Minister Wang Yi condemned Israel's actions for going "beyond the scope of self-defense" and called for it to "cease its collective punishment of the people of Gaza

World leaders try to contain Israel-Hamas war

As Israel prepares for a ground offensive into the Gaza Strip, the international community has mobilized to try to protect...
  • Among the most active international players is the United States, whose Secretary of State Antony Blinken started a tour of six Arab countries.
  • The US, like its European allies, is concerned to avoid the opening of a second front with the Iran-backed Hezbollah militia in Lebanon.

Arab League chief demands end to Israeli operations in Gaza

Israel launched massive bombardment on Gaza after Hamas broke through Gaza's heavily fortified border on October 7, killing more than...
  • "We demand the immediate end of military operations and the opening of safe corridors to bring aid to the population," Arab League Secretary-General Ahmed Aboul Gheit said.
  • Aboul Gheit said Israel's total siege of Gaza, was "depriving the Palestinians of their humanity and paving the way for ethnic cleansing".

Tokyo shares tumble on concern war in Palestine may escalate

Chip-testing equipment maker Advantest sank 4.79 percent to 4,351 yen and chip-making equipment manufacturer Tokyo Electron gave up 3.84 percent...
  • The benchmark Nikkei 225 index dropped 2.03 percent, or 656.96 points, to 31,659.03, while the broader Topix index slipped 1.53 percent, or 35.21 points, to 2,273.54
  • Traders sold shares across the board, as Israel moved toward launching ground offensive in Hamas-controlled Gaza, which is already facing a deep humanitarian crisis

Embattled Turkey opposition re-elects leader at party congress

Turkey's main opposition CHP re-elected its leader Ozgur Ozel at an extraordinary congress Sunday as the party fights off a...

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Saudi Arabia and Qatar to settle Syria’s World Bank debt

Riyadh, Saudi Arabia -- Saudi Arabia and Qatar announced on Sunday that they would settle Syria's debt to the World...

Massive explosion at Iran’s Shahid Rajaee Port kills 18, injures 800

Although the cause of the blast was not immediately clear, the port's customs office said in a statement carried by...

‘Something new for the honey market’: Austria trials DNA testing to uncover fraud

Voels, Austria -- At a laboratory in Austria's mountainous Tyrol province, scientists are DNA testing about 100 honey samples a...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Russia says retook Kursk from Ukraine with North Korean help

The Russian army has fully liberated the border Kursk region from Ukrainian control with the help of North Korean soldiers,...
  • Gerasimov especially hailed the "heroism" of the North Korean soldiers taking part in the operation, who provided significant assistance in defeating the group of Ukrainian forces
  • However, the Ukrainian Chief of Staff acknowledged the situation on the battlefield was "difficult", while insisting Ukrainian forces were still holding positions in Kursk

Hamas says open to 5-year Gaza truce, one-time hostages release

Cairo, Egypt - Hamas is open to an agreement to end the war in Gaza that would see all hostages...
  • The Hamas official, speaking to AFP on condition of anonymity, said the Palestinian militant group "is ready for an exchange of prisoners in a single batch and a five year truce
  • Hamas has consistently demanded that a truce deal must lead to an end to the war, a full Israeli withdrawal from the Gaza Strip and a surge in humanitarian aid

Iran, US discuss nuclear deal in third round of talks

Muscat, Oman - The United States and Iran went into detail about a potential nuclear deal Saturday at their third...
  • US special envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi again led the talks, which this time included a technical-level meeting between experts from both sides
  • In an interview released Wednesday, US Secretary of State Marco Rubio reiterated Washington's firm stance against Iran's uranium enrichment