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

NASA sends two small satellites into orbit to track hurricanes

A second Rocket Lab-built vessel is due to launch in about two weeks carrying two more satellites to complete a...
  • The new storm trackers, sent into orbit on a rocket built by US company Rocket Lab, can fly over hurricanes every hour, compared to every six hours with current satellites
  • Researchers will be able to see storms evolve on an hourly basis, said NASA scientist Will McCarty at a press conference for the first launch of the TROPICS mission

Biden demands assault-weapons ban after 8 killed in Texas mall rampage

Responders, distressed witnesses and police described scenes of panic and horror in Allen, where video footage shared online showed the...
  • Joe Biden ordered US flags lowered to half-staff as a mark of respect for the victims and repeated his call for lawmakers to take action against a gun epidemic
  • The gunfire at Allen Premium Outlets, 35 miles (56 kilometers) north of Dallas, erupted Saturday afternoon when it was busy with weekend shoppers, police said

Russia promises enough ammo to stay in Bakhmut: Wagner

Russian troops have battled since last summer to capture Bakhmut, the political importance of which has come to surpass any...
  • Rivalries between Yevgeny Prigozhin and the conventional army had boiled over during the battle for the now-devastated flashpoint, where Wagner is leading the assault
  • Wagner's chief has threatened to pull out of Bakhmut on May 10, blaming Defence Minister for tens of thousands of Russian casualties in a series of blistering videos

EU ‘appalled’ after Israel demolishes Palestinian primary school

Jabbet Al-Dhib , Palestinian Territories -- Israeli forces on Sunday demolished a Palestinian primary school in the occupied West Bank, citing...
  • The school served 45 students and consisted of five classrooms. It had replaced another demolished by Israel in 2019, Palestinian education ministry said.
  • The EU called on Israel to "halt all demolitions and evictions, which will only increase the suffering of the Palestinian population and further escalate tensions.

UN aid chief in Saudi Arabia for Sudan talks as fighting flares

Multiple truce deals have been declared and quickly violated since battles erupted between army and paramilitary forces on April 15...
  • Talks in Jeddah were aiming for a ceasefire that could push efforts to bring humanitarian aid to the besieged population.
  • Arab League Secretary General Ahmed Aboul Gheit expressed his support for the "indirect negotiations" in order to prevent "an escalation of the current conflict".

Japan, South Korea eye detente as North Korea threat looms

Japan's Prime Minister Fumio Kishida said his "heart aches" for Koreans who suffered under colonialism, as Seoul and Tokyo seek...
  • Tokyo and Seoul have long been at odds over historic issues linked to Japan's brutal 1910 to 1945 colonial occupation of the Korean peninsula.
  • Bilateral ties were torpedoed in 2018, when South Korea's Supreme Court ordered Japanese firms to compensate the wartime victims of forced labor.

Iraq to execute person for killing academic in 2020

An Iraqi court sentenced to death a former policeman convicted of killing prominent academic Hisham al-Hashemi, whose murder in 2020...
  • Prominent academic Hisham al-Hashemi, was shot dead outside his Baghdad home in July 2020 by gunmen on motorcycles.
  • Hashemi was a highly qualified academic and his murder in 2020 had attracted condemnation from the West and the United Nations.

Israel repatriates Jordan MP accused of smuggling

Israel transferred a Jordanian member of parliament to Amman's authorities, weeks after arresting him for attempting to smuggle pistols, rifles...
  • Israel had detained the Jordanian MP Imad Adwan on April 22 when he was crossing between Jordan and occupied West Bank.
  • Israeli officials did not prosecute the MP and transferred him to Jordanian authorities for further investigation.

Turkey’s Erdogan nears knife-edge vote amid high inflation

The 69-year-old has become one of Turkey's most important and divisive leaders since his Islamic-rooted party ended half a century...
  • Erdogan's global stature soared when he helped stem Europe's migrant crisis in 2016 -- and then plunged when he unleashed a crackdown on dissent later that same year
  • He enters one of the biggest elections of Turkey's with his popularity weighed down by a crippling cost-of-living crisis and the social aftershocks of a February earthquake

Lebanon’s music conservatory falls silent amid economic woes

As the economic crisis grinds on, some teachers have quit and many have turned to online classes or teach private...
  • A group of teachers and students have been holding independent concerts to highlight their plight and give musicians a chance to support each other and perform
  • Some teachers have moved house or "sold their cars" to survive, added Ghanem, herself a conservatory student during Lebanon's 1975-1990 civil war

Israel army says Gaza City now ‘a dangerous combat zone’

The Israeli military, however, is gearing up to expand the fighting and seize Gaza City, with its Arabic-language spokesman saying:...

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UN nuclear chief heads to Iran for crucial talks

International Atomic Energy Agency chief Rafael Grossi is set to visit Tehran on Wednesday for crucial talks on Iran's nuclear...

Saudi Arabia appoints new CEO to drive NEOM’s mega-city project forward

In a big move, Saudi Arabia appoints Aiman al-Mudaifer as NEOM’s interim CEO, a strategic choice to advance the futuristic...

Lebanon says 11 killed in Israel strikes across the country

Lebanon said Israeli strikes killed 11 people across the country Tuesday
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.
  • Avia's first firm order with the aviation giant comes with an option to add another 40 jets later, Boeing and Avia said in a statement.
  • The purchase announcement came shortly after striking workers at Boeing last week approved a new contract proposal, ending a more than seven-week stoppage that cost it billions

World leaders meet for climate talks, but big names missing

Dozens of world leaders convene in Azerbaijan on Tuesday for COP29 but many big names are skipping the UN climate...
  • Heads of some of the most powerful and polluting economies are not attending
  • Top priority at COP29 is boosting funding for climate action in developing countries

World leaders meet for climate talks, but big names missing raising concerns over global climate commitment

The small group of developed countries that currently contributes the money wants the donor pool expanded to include other rich...
  • More than 75 leaders are expected in Baku over two days but the heads of some of the most powerful and polluting economies are not attending this year's summit
  • Just a handful of leaders from the G20 -- which accounts for nearly 80 percent of planet-heating greenhouse gas emissions -- are expected in Azerbaijani capital