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

Iraqi Kurds hold demonstration in support of jailed journalist

On Sunday, around 300 people demonstrated in the region's second city Sulaimaniyah against the new sentence imposed on Sherwani. NGO...
  • Sherwan Sherwani had been due for release in September following a presidential decree reducing his sentence
  • In Thursday, the CPJ said, Sherwani was given a four-year prison term for "falsification" in connection with a petition prepared in jail

New Middle East forum aims to combat drug smuggling

The forum was agreed during talks between Jordanian Foreign Minister Ayman Safadi and Syrian President Bashar al-Assad in Damascus earlier...
  • The Syrian delegation was headed by Defence Minister General Ali Mahmud Abbas and General Intelligence Director, Major General Husam Louka
  • The talks "went over the issue of the parties that organise, run and carry out smuggling operations across borders to Jordan

Twitter website replaces bird logo with X, rebrand yet to be finalized

The social media network's website showed the company's new logo, but its URL was still showing as twitter.com and the...
  • Twitter has been using avian branding since its early days, when it bought a stock symbol of a light blue bird for $15.
  • Musk changed his profile picture late Sunday to the company's new logo, which he described as "minimalist art deco,"

Twitter challenger Threads struggles for traction

Twitter continues to dominate its space as a platform for online comment and news, and Musk "would have to completely...
  • The average amount of time people spend on Threads daily has plummeted more than 75 percent since the platform made a rock star debut on July 6
  • Threads has a lot to prove, and features to add, to become a formidable Twitter alternative, according to Insider Intelligence analyst Jasmine Enberg

Iran’s Zoroastrians keep ancient, sacred flame burning

They venerate fire as a supreme form of purity. Alongside water, air and earth, the elements must not be contaminated...
  • The fragrant holy fire, kept in a large bronze goblet, "has been burning for more than 1,500 years", said Simin, a tour guide welcoming visitors to the Zoroastrian fire temple
  • Zoroastrianism dates back some 3,500 years, but centuries of persecution have dwindled its numbers and a fast-changing modern world has left it struggling to adjust

Italy calls Med migration conference on Tunisia model

Italy and the European Commission have sought to step up engagement with Tunisia, promising funding if the country undertakes to...
  • Italy's far-right PM is expecting leaders from the region, the European Union and international financial institutions to meet in the capital
  • Giorgia Meloni has confirmed the presence of Tunisian President Kais Saied while the PM of Egypt and Malta have both said they will attend

US Fed likely to hike interest rates to 22-year high

The Fed paused its aggressive campaign of monetary tightening last month to give policymakers more time to assess the health...
  • Futures traders now assign a probability of more than 99 percent that the Fed will hike its base rate by 25 basis points
  • Some economists predict another rate hike as soon as the Fed's next rate meeting, while others think it could hold rates steady

Netanyahu to have pacemaker fitted ahead of vote on judicial reforms

His latest health scare comes with lawmakers set to debate the reforms bill in parliament on Sunday to be followed...
  • The prime minister will undergo the procedure at Tel Hashomer hospital, a statement from his office said
  • A week ago Netanyahu, 73, had been discharged from the same medical centre after a night of hospitalisation

Thousands of Kurds demonstrate on Lausanne treaty centenary

The demonstrators marched through the Swiss city in opposition to the 1923 treaty, while organisers urged the international community to...
  • Kurdistan Cultural Centre in Lausanne said the treaty "enacted the separation of the Kurdish people between four states -- Turkey, Iraq, Iran and Syria
  • We demand an apology from Lausanne, which divided Kurdistan into four parts, said protester Munevver Gok, 56, a housewife living in the Netherlands

Rockets, shells kill at least 20 civilians in Sudan

According to lawyers and medics, rocket fire on residential areas of one of Darfur's main cities and shelling near hospitals...
  • Ravaged by brutal conflict in the early 2000s, Darfur has seen some of the worst of violence since fighting erupted in mid-April
  • Hundreds of thousands of people displace by the war live on the land between the White Nile and Blue Nile rivers

Macron scrambles to find new French PM to stave off a political crisis after Bayrou ousted

On Monday, Bayrou suffered a crushing loss in a confidence vote he had himself called, plunging France into fresh uncertainty...

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Arab ministers, US envoy discuss Gaza reconstruction amid ongoing ceasefire talks in Qatar

The plan by Muslim-majority nations has been rejected by both Israel and its key ally the United States, but has...

US trading partners hit back on steel, aluminum tariffs

The steep 25-percent levies came into place after midnight with no exemptions despite countries' efforts to avert them, in a...

IMF approves additional $1.3 billion aid program for Egypt

Washington, United States - The International Monetary Fund has approved an additional $1.3 billion assistance program for Egypt under its...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Syrian presidency announces agreement to integrate Kurdish institutions

The Syrian presidency announced on Monday an agreement with the head of the Kurdish-dominated Syrian Democratic Forces (SDF) to integrate...
  • Syria's new authorities under interim President Ahmed al-Sharaa have sought to disband armed groups and establish government control over the entirety of the country
  • The new accord, which is expected to be implemented by the end of the year, comes after days of violence in the heartland of Syria's Alawite minority

Jeddah Talks: Ukraine accepts US proposal of 30-day ceasefire with Russia

The positive response from Ukraine prompted President Donald Trump's administration to lift a freeze on military aid and to predict...
  • We'll take this offer now to the Russians and we hope they'll say yes to peace. The ball is now in their court: Marco Rubio
  • "I want to thank President Trump for the constructive conversation between our teams," says Zelensky

Hamas pushes for phase two of Gaza truce talks

Hamas said its representatives met with mediators in Cairo at the weekend, emphasizing the need for humanitarian aid to re-enter...
  • The high-level delegation also stressed the need for "moving directly to begin negotiations for the second phase" of the deal, which will lay the groundwork for a ceasefire.
  • Hamas's demands for the second phase include a full Israeli withdrawal from Gaza, an end to the blockade, the reconstruction of the territory and financial support.