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

ESports debuts as Asian Games medal event but women left behind

Excited video-game fans thronged a shiny new arena in the Chinese city on Sunday as eSports made its debut at the...
  • Only two women, Sabina Ibragimova of Uzbekistan and Nguyen Thi Phuong Yen of Vietnam, were scheduled to play during the dozens of officially mixed-gender games on Sunday.
  • Organizers have increasingly answered the call for women-only events in recent years, including the International Esports Federation Female Asian Championship in Saudi Arabia.

Largest asteroid samples brought to Earth

Scientists hope the samples will provide a better understanding of the formation of our solar system and how Earth became...
  • Four years after its 2016 launch, the probe landed on the asteroid Bennu and collected roughly nine ounces (250 grams) of dust from its rocky surface.
  • Most of the sample will be conserved for study by future generations. Roughly one-fourth will be immediately used in experiments.

Two dead in Syrian army shelling: rescue group

Since 2020, a ceasefire deal brokered by Damascus ally Moscow and rebel-backer Ankara has largely held in the northwest, despite...
  • Two civilians were killed (an elderly man and a woman) and two others were injured by regime forces, said the White Helmets
  • The area is close to the front line between government forces and the jihadist Hayat Tahrir al-Sham (HTS) group

Biden blames ‘extreme Republicans’ for threatening US government shutdown

A government shutdown would put the finances of hundreds of thousands of workers at federal parks, museums, and other sites...
  • Speaking at a Congressional Black Caucus awards dinner, Biden said he and top House Republican Kevin McCarthy had previously agreed on government spending levels
  • US lawmakers have until midnight on September 30 to reach an agreement on a spending bill, before funding for government services is due to dry up

Two weeks after calamity, Libya flood toll surpasses 3,800

Many of the dead are believed to have been swept out to sea, from where their bodies are still washing...
  • A total of 3,845 people are now confirmed to have died, said Mohamed Eljarh, spokesman for the relief committee
  • He said the figure included only those whose burial had been recorded by the health ministry, so it is "expected to rise every day"

Israel strikes Gaza again amid new violence at border

A drone "struck a military post belonging to the Hamas terrorist organization, adjacent to the area where a violent riot...
  • The early evening strike is one of a series that have come amid near-daily protests at the border by Palestinians after Israel closed the Erez crossing from Gaza
  • Since September 13, six Palestinians have been killed and nearly 100 wounded during violence at the border, according to figures from the health ministry in Gaza

Russian FM accuses West of direct fighting in Ukraine

US President Joe Biden has repeatedly said he is seeking to avoid a direct confrontation with Russia, a fellow nuclear...
  • Westerners are "de facto fighting against us, using the hands and bodies of Ukrainians," Lavrov said
  • In UN General Assembly all eyes were on Ukrainian President, who came to appeal for greater support

Egypt, Sudan and Ethiopia restart Nile dam talks

The massive $4.2-billion dam built by Ethiopia has stoked tensions with Egypt and Sudan as they fear the dam will...
  • The three countries, according to Ethiopia's foreign ministry, started a second round of negotiations in Addis Ababa
  • Egyptian President Abdel Fattah al-Sisi and Ethiopian Prime Minister Abiy Ahmed agreed in July to finalise a deal within four months

Eastern authorities want Libya aid conference in flood-hit Derna

Benghazi, Libya - Libya's flood-devastated port city of Derna will host an international conference next month to aid reconstruction efforts, authorities...
  • Despite a wave of nationwide solidarity since the flood, there was no immediate show of support for the proposed conference from the Tripoli-based government
  • And even the office of strongman Khalifa Haftar, the main military backer of the eastern administration, questioned how many donor governments would attend

Two-thousand years old tombs discovered in Gaza

Gaza City, Palestinian Territories - Four Roman tombs dating back 2,000 years have been discovered in the Gaza Strip, a Palestinian...
  • The discovery marks the first complete Roman necropolis, or cemetery, fully unearthed in Gaza, archaeologist Fadel Al-Otol said
  • "Fragments of pottery and metal pieces used in funeral rituals" have been found in the resting places, added Otol

Trump heads for landmark state visit with ‘friend’ King Charles

US President Donald Trump left for a historic second state visit to Britain Tuesday -- but political controversies, wars and...

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Israel says 30% of Gaza now buffer zone, escalates offensive and maintains aid blockade

Prime Minister Benjamin Netanyahu also ordered security chiefs and negotiators to keep pressing for the release of hostages held by...

Meta to start using Europeans’ data for AI training May 27

Paris, France -- Meta will start using public posts and comments by its European users to train generative artificial intelligence...

Global economy under pressure could slow to 2.3 percent: UNCTAD

UNCTAD report '"Trade and Development Foresights 2025 – Under pressure: Uncertainty reshapes global economic prospects” cited mounting threats including trade...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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War against elite universities: Trump ramps up conflict against defiant Harvard

Cambridge, United States - President Donald Trump escalated his war against elite US universities Tuesday with a threat to strip...
  • Harvard stands out for defying Trump, in contrast to several other universities and a string of powerful law firms that have folded under intense pressure
  • The impacts are already being felt on a campus that has produced 162 Nobel prize winners and whose alumni range from Facebook co-founder Mark Zuckerberg to 8 US presidents

Nvidia expects $5.5 bn hit as US targets chips sent to China

Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing...
  • US officials last week told Nvidia it must obtain licenses to export its H20 chips to China because of concerns they may be used in supercomputers there
  • Shares of Nvidia, which have already seen high volatility since Trump's April 2 tariffs announcement, were down over six percent in after-market trades

Netanyahu visits Gaza as Hamas warns hostages may die amid continued Israeli offensive

Israeli Prime Minister Benjamin Netanyahu visited northern Gaza Tuesday, his office announced, as the military kept up the offensive it...
  • Hamas said on Monday it had received a new truce offer from Israel that foresees the release of 10 living hostages in exchange for a 45-day ceasefire
  • Another Hamas official said Israel had also demanded that the Palestinian militants disarm to secure an end to the Gaza war, but said this crossed a "red line."