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

US wholesale prices rise more than expected in September

Washington, United States - US wholesale prices rose more than expected in September, government data showed Thursday, as energy prices continued...
  • The producer price index (PPI) rose by 0.5 percent last month, building on August's 0.7 percent increase, according to data from the Labor Department.
  • The US Federal Reserve has raised its key lending rate 11 times in the last 18 months to a 22-year high as it looks to bring down consumer inflation.

EU asks X and Meta to regulate fake news, disinformation

Thierry Breton, EU commissioner and self-styled "digital enforcer", raised the alarm in letters sent to Elon Musk, owner of X,...
  • EU official Breton demanded both X and Meta must provide details within 24 hours on what they were doing to ensure "illegal content and disinformation".
  • He said Brussels was taking "extremely seriously" the risk of "fake and manipulated images and facts generated with the intention to influence elections".

Reports of Hamas murdering 40 babies unconfirmed: Israel

Reports about "40 babies murdered" have been reposted massively on social media sites since Tuesday, and used to condemn Hamas's...
  • Reports about "40 babies murdered" by Hamas have been reposted massively on social media sites since Tuesday and used to condemn Hamas attack.
  • But asked about the number of babies killed, an Israeli official said, "We cannot confirm any number at this stage."

Netanyahu announces wartime ’emergency government’ with Gantz

The three-member "war cabinet" would include Netanyahu, Gantz and Defence Minister Yoav Gallant, according to the statement. It said Gadi...
  • Opposition leader Yair Lapid has not joined his former ally Gantz, but the statement said a seat would be "reserved" for him in the war cabinet.
  • Israel's firebrand National Security Minister Itamar Ben-Gvir said on X, formerly Twitter, that he "welcomes the unity, now we must win".

Israel fires artillery after munitions launched from Syria

"Soldiers are responding with artillery and mortar shells toward the origin of the launching in Syria," an Israeli military statement...
  • This was the first exchange of fire between Israel and Syria since Hamas carried out an unprecedented assault on Israeli territory from the blockaded Gaza Strip on Saturday
  • According to the Syrian Observatory for Human Rights, the shells were fired by "Palestinian factions working with the Lebanese Hezbollah"

More than 260,000 people displaced in Gaza: UN

Fierce fighting has left thousands dead on both sides since Hamas launched a surprise assault on Saturday, spurring Israel's reprisal...
  • The bombing campaign has destroyed more than 1,000 housing units, and 560 have been rendered uninhabitable
  • Nearly 175,500 people sought shelter in 88 schools run by the UN agency supporting Palestinian refugees

NASA to unveil first images of historic asteroid sample

OSIRIS-REx wasn't the first mission to rendezvous with an asteroid and bring back samples for study -- Japan succeeded in...
  • The OSIRIS-REx mission collected rock and dust from the asteroid Bennu in 2020, and a capsule containing the precious cargo successfully returned to Earth
  • The space agency will hold a live streamed news conference at 11:00 am Eastern Time (1500 GMT) to share photographs and preliminary scientific analysis

Qatar signs 27-year gas supply deal with France’s Total: state energy firm

Doha, Qatar - Qatar has agreed to supply France's TotalEnergies with natural gas for 27 years, its state energy company announced on...
  • Qatar will supply 3.5 million tonnes of gas a year under the deal, QatarEnergy said, following two agreements with Total
  • Total signed a $1.5 billion deal with QatarEnergy in September last year giving it a 9.3 percent stake in Qatar's North Field South project

One dead as new earthquake rocks west Afghanistan

According to the United States Geological Survey, the quake occurred at a shallow depth at around 05:10 am local time...
  • So far there have been no immediate reports of new casualties after Wednesday's quake
  • Most homes in rural Afghanistan are made of mud and built around wooden support poles

Yellen urges more IMF, World Bank reforms for climate, poverty fight

Benguerir, Morocco - US Treasury Secretary Janet Yellen said on Tuesday she backed efforts to boost the lending firepower of the...
  • Yellen said the World Bank's board of governors will endorse at this week's meetings in Marrakesh a new vision to "end poverty on a livable planet"
  • "It has become common sense that addressing climate change and other global challenges is key to achieving development," she said

Hamas warns hostages face fate of missing pilot if Israel assault continues

Hamas' armed wing published Saturday "farewell" photographs of most of the remaining hostages in Gaza, warning that Israel's assault on...

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Lebanon parliament approves changes to banking secrecy law

Beirut, Lebanon -- Lebanon's parliament on Thursday approved amendments to banking secrecy legislation, a key reform demanded by the International...

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Trump eyes ‘fair deal’ with China, but path to ending tariff war remains unclear

Trade tensions between the world's two biggest economies have soared as Trump ramped up levies on imports from China this...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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India and Pakistan rivalry boils after Kashmir attack

India took a raft of punitive diplomatic measures against arch-rival Pakistan on Wednesday, accusing Islamabad of supporting "cross-border terrorism" after...
  • India's measures, including the suspension of a key water-sharing treating and closure of the main land border crossing
  • The killings have shocked New Delhi, as they marked a dramatic shift targeting civilians and the area's vital tourism industry

Boeing says China not accepting planes over US tariffs

New York, United States -- Boeing's CEO confirmed Wednesday that China had stopped accepting new aircraft due to the US-China...
  • President Trump's trade conflicts with China and other countries loom as a question mark for Boeing, a major US exporter, despite Wednesday's solid results.
  • Boeing had planned to send around 50 aircraft to China in 2025, said Ortberg, who told the network that the company wouldn't "wait too long" to send the jets to other customers.

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.
  • Net profit after tax for Q1 2025 was AED 1.7 billion, reflecting an 18 percent increase compared to Q1 2024.
  • Revenue for Q1 2025 improved by 14 percent to AED 2.9 billion compared to AED 2.5 billion for Q1 2024.