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

Israeli strikes in Doha kill Hamas negotiator’s son, Qatari corporal

The strikes have drawn condemnation, including from UN chief Antonio Guterres, who condemned Israel's "flagrant violation" of Qatari sovereignty.

Six killed in Palestinian refugee camp in Lebanon clash

The fighting between Fatah and Islamists in the camp, which erupted overnight and subsided by the evening, killed a Fatah...
  • Fatah in a statement confirmed the death of commander Ashraf al-Armouchi and four of his "comrades" during a "heinous operation"
  • The Palestinian presidency in a statement denounced the "heinous massacre and terrorist assassination" of the Fatah members

Iraq and Kuwait seek to solve contested border issue

The de facto land and maritime borders between the neighbouring states were established by the United Nations in 1993, three...
  • After meeting his Kuwaiti counterpart, Iraqi Minister said that during their talks "the emphasis was placed on resolving the border issues"
  • Iraqi Foreign Minister Fuad Hussein told reporters the border talks would "continue through various technical committees"

Egypt energy-saving measures evoke satirical reaction among citizens

Sweltering without air conditioning during the day and plunged into darkness at night, many Egyptians have responded with anger and...
  • After 11 days of daily blackouts, Prime Minister Mostafa Madbouli ordered civil servants to work from home once a week.
  • He announced scheduled power outages at least through August, and proposed other solutions to Egypt's energy crisis.

Morocco king appeals for normalcy in ties with Algeria

RABAT, MOROCCO -  Morocco's King Mohammed VI has expressed hope for a return to normality and reopening of borders with North...
  • The borders have been closed since 1994, leaving families divided after Morocco accused its neighbor of involvement in an attack.
  • Since then, tensions have persisted between the regional rivals, exacerbated by their dispute over Western Sahara.

Palestinian president, factions arrive in Egypt for talks

Ahead of unity talks between various Palestinian factions boycotted by the militant group Islamic Jihad, President Mahmud Abbas arrived in...
  • The meeting on Sunday will include the heads of other political factions, including Hamas leader Ismail Haniyeh
  • In the meantime Islamic Jihad has denounced "continued political detention and prosecution of the resistance"

Saudi Arabia to host talks on Ukraine war in push for peace

The talks to be hosted in the Red Sea coastal city of Jeddah next weekend will discuss a path toward...
  • The latest initiative by Saudi Arabia represents a new effort to assert itself in diplomacy related to the Ukraine war
  • Last year, the kingdom unexpectedly brokered the release of foreign fighters detained in Ukraine

Cash rich Saudi football league ‘changed market’, says English club

SEOUL, SOUTH KOREA - Manchester City manager Pep Guardiola said on Saturday that the Saudi Pro League had "completely changed the...
  • "The Saudi league completely changed the market," Manchester City manager Pep Guardiola said.
  • City winger Riyad Mahrez this week became just the latest big name to move to Saudi football.

African Union, EU step up pressure on Niger coup leaders

The African Union demanded Niger's military "return to their barracks and restore constitutional authority" within 15 days as the EU...
  • The African Union and the European Union joined the chorus of international condemnation of the power grab, the latest to strike the Sahel region.
  • The EU's diplomatic chief Josep Borrell said the bloc would not recognize the putschists and announced the suspension of security cooperation with Niger.

French footballer Maximin quits Newcastle, may join Saudi club

LONDON, UK - Allan Saint-Maximin has confirmed he is to leave Newcastle before an expected move to the cash-rich Saudi Pro...
  • The French winger, heavily linked with a £30 million ($38.5 million) move to Al-Ahli, posted a farewell message on his Instagram account.
  • Newcastle, managed by Eddie Howe, have splashed the cash since the club's Saudi-backed owners took charge in October 2021.

Iran news editor suspended over protest coverage: media

Tehran, Iran--Iranian authorities have banned the editor-in-chief of reformist daily Etemad "from any press activity for a year" over coverage of...
  • Behrooz Behzadi, the editor, was accused of printing false content after a complaint by a Tehran branch of the powerful Revolutionary Guards Corps
  • Early this year, an Etemad report estimated that some 80 journalists were among the thousands arrested during the months-long unrest in Iran

Israel forum says concerned for Gaza hostages after Doha strikes

The main Israeli group campaigning for the release of hostages held in Gaza expressed "deep concern" following an Israeli attack...

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Netanyahu says Gaza strikes ‘only the beginning’, future negotiations ‘only under fire’

Hamas has not responded militarily so far, and in a statement urged friendly countries to "pressure" the United States to...

Trump, Putin agree halt to Ukraine energy attacks but no ceasefire

Donald Trump and Vladimir Putin agreed Tuesday on a halt in Russian attacks against Ukrainian energy targets -- but fell...

Geopolitical tensions buffet markets, gold and oil prices climb

Gold and oil prices climbed on fears of escalating tensions in the Middle East after Israel launched its most intense...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel pounds Gaza in strikes that rescuers say killed 220, Hamas says Netanyahu torpedoing ceasefire

In a statement, Hamas said "Netanyahu and his extremist government have decided to overturn the ceasefire agreement, exposing the prisoners...
  • An Israeli official told AFP that the operation "will continue as long as necessary, and will expand beyond air strikes."
  • Hamas said Israel had decided "to overturn the ceasefire agreement, exposing the prisoners in Gaza to an unknown fate."

Nvidia showcases AI chips as it shrugs off DeepSeek

San Francisco, United States - Nvidia chief Jensen Huang is expected to showcase cutting-edge chips for artificial intelligence (AI) and...
  • Industry watchers expect Huang to spotlight Nvidia's latest Blackwell line of graphics processing units (GPUs), including new updates in the works
  • The AI boom propelled Nvidia stock prices to stratospheric levels until a steep sell-off early this year triggered by the sudden success of DeepSeek

Trump cuts to US-funded media put reporters at risk: RSF

President Donald Trump's dismantling of US-funded international media outlets such as Voice of America could put their journalists at risk,...
  • The Trump administration began mass layoffs Sunday at Voice of America and other US-funded media
  • Trump signed an executive order gutting VOA's parent, the US Agency for Global Media