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

Suspect in Charlie Kirk killing caught, widow vows to carry on fight

The widow of prominent right-wing activist Charlie Kirk pledged Friday to carry on her husband's work, after US authorities announced...

West has failed to isolate Iran, says President Ebrahim Raisi

Raisi was referring to sanctions imposed on Iran since the United States torpedoed the nuclear deal in 2018, as well...
  • "The enemy tried to follow two strategies: one was to isolate Iran from the world and the other was to discourage the Iranian nation," Raisi said.
  • The president said Iran was continuing to seek "the lifting of sanctions" through negotiations to revive the 2015 nuclear accord.

Israeli PM thanks Saudi after emergency aircraft landing in Jeddah

The Air Seychelles flight laden with Israeli passengers was heading from the Seychelles to Tel Aviv. Saudi airspace had been...
  • The Air Seychelles flight made an emergency landing Monday in the Saudi coastal city of Jeddah due to technical difficulties.
  • Israeli media said 128 passengers aboard the flight were welcomed and given overnight accommodation in the Red Sea city.

Bahrain offers prisoners more rights after hunger strike

DUBAI, UAE - Bahraini authorities have agreed to offer prisoners extra rights, including more visiting hours, following a mass hunger strike...
  • The interior ministry said it would "increase the duration of visitations" and was looking to raise the time inmates are allowed outdoors.
  • The strike has triggered rare street protests by relatives of the prisoners demanding their immediate release.

Egyptians, Zambians in court over gold on mystery plane

The Drug Enforcement Commission said the chartered aircraft was transporting "dangerous goods". Judge Davies Chimbwili said that they were accused...
  • Drug and law enforcement authorities said 11 suspects, including a senior Zambian police officer, had been arrested and charged with "espionage"
  • Court papers seen by AFP list a former Egyptian military person and businessman as well as a Zambian police officer among the suspects

Hezbollah seeks restriction on UN’s Lebanon peacekeepers

The mandate of the UN Interim Force in Lebanon, which expires Thursday, was extended last year with a slight modification...
  • Under the modified mandate the peacekeeping force "is allowed to conduct its operations independently", the UN resolution said
  • On Monday, Lebanon's Foreign Minister Abdallah Bouhabib met in New York with UN chief to convey Lebanon's position

ChatGPT turns to business as popularity takes a tumble

ChatGPT Enterprise will be powered by GPT-4, OpenAI's highest performing model, much like ChatGPT Plus, the company's subscription version for...
  • ChatGPT Enterprise will offer business customers a premium version of bot
  • The ChatGPT business version resembles Bing Chat Enterprise, an offering by Microsoft

Toyota factories across Japan hit by massive glitch

The news of system glitch sent Toyota's stocks into the red, trading 0.64 percent lower at 2,421.0 yen. But the...
  • Twelve vehicle factories, affecting 25 lines, are not able to process orders for parts due to a system glitch, a Toyota spokesman said
  • The Toyota factory in the southern Kyushu region and subsidiary Daihatsu's factory in Kyoto remained operational, the spokeswoman said

Doctors Without Borders loses contact with 2 foreign staff in Yemen

Dubai, UAE--The Doctors Without Borders (MSF) charity has "lost contact" with two of its foreign staff in Yemen, the group...
  • The aid group said that the two employees, from Germany and Burma, were in the northern province of Marib, without giving any more details
  • Some month back, one of the employees of the UN World Food Program had been killed in an attack in the southern province of Taez

Iran vows to respond if Iraq fails to disarm Kurdish rebels

Tehran, Iran - Iran on Monday warned Iraq that it would take action if Baghdad does not honor its commitment by...
  • The Iraqi government has pledged to disarm armed terrorist groups in Iraq by September 19," Iran's foreign ministry spokesman said.
  • He said that Baghdad had agreed to evacuate the groups from their bases and "transfer them to camps provided by the Iraqi government".

Iran inaugurates final phase of country’s largest gas field

The South Pars gas field is one of the world's largest natural gas condensate fields. Iran shares the gas field...
  • Oil Minister Javad Owji said around 50 million cubic meters of gas will be extracted daily from phase 11 of the project "after the completion of the wells".
  • Iran has the world's second largest gas reserves, after Russia, and the world's fourth largest oil reserves.

Suspect in Charlie Kirk killing caught, widow vows to carry on fight

The widow of prominent right-wing activist Charlie Kirk pledged Friday to carry on her husband's work, after US authorities announced...

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China says opposes new US tariffs, vows ‘countermeasures’

China on Thursday said it "firmly opposes" sweeping new US tariffs on its exports and vowed "countermeasures to safeguard its...

US university calls for release of detained Turkish student

New York, United States - Tufts University on Wednesday publicly backed its student Rumeysa Ozturk, a Turkish national detained by...

Israel’s Netanyahu arrives in Hungary, defying ICC warrant

Israeli Prime Minister Benjamin Netanyahu arrived in Budapest early Thursday on his first trip to Europe since 2023 and in...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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World’s tiniest pacemaker is smaller than grain of rice

Paris, France -- Scientists said Wednesday they have developed the world's tiniest pacemaker, a temporary heartbeat regulator smaller than a...
  • While still years away from being tested in humans, the wireless pacemaker was hailed as a "transformative breakthrough" that could spur advances in other areas of medicine.
  • Millions of people across the world have permanent pacemakers, which stimulate hearts with electrical pulses to ensure they beat normally.

Israel says expanding Gaza offensive to seize ‘large areas’

Defense Minister Israel Katz said Israel would bolster its military presence in the Palestinian territory to "destroy and clear the...
  • An Israeli group representing the families of hostages still held in Gaza said they were "horrified" by Katz's announcement of expanded military operations.
  • Meanwhile, Israel's far-right National Security Minister Itamar Ben Gvir visited Jerusalem's Al-Aqsa Mosque compound on Wednesday, drawing condemnations.

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.
  • Musk's electric vehicle company delivered 336,681 autos in the quarter ending March 31, missing analyst expectations.
  • Tesla shares fell more than six percent in early trading after the deliveries fell by more than expected from the year-ago stretch. Shares later partially rebounded.