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

Saudi Arabian delegation arrives in Iran to cement diplomatic ties

Saturday's visit is part of "implementing the tripartite agreement" reached on March 10 between the two regional powers, brokered by...
  • Iranian President Ebrahim Raisi has been invited by Saudi King Salman to Riyadh, a trip planned to take place after the holy fasting month of Ramadan.
  • The two countries severed ties after protesters in the Islamic republic attacked Saudi diplomatic missions following Riyadh's execution of a prominent Shiite cleric.

Omani group in Yemen to discuss Saudi-Houthi peace deal

Nearly a decade of war in Yemen has claimed hundreds of thousands of lives, both directly and indirectly, and triggered...
  • The rapprochement between the two great regional rivals, Iran and Saudi Arabia, has fueled hopes of reduced tensions in the Middle East.
  • The United Nations special envoy on Yemen, Hans Grundberg, was in the Omani capital this week for talks on "the political process".

20 sub-Saharan migrants missing after boat sinks off Tunisia coast

They were among 37 people aboard the vessel which had left from Tunisia's coast and then "sank on Friday afternoon",...
  • It was at least the sixth sinking since the beginning of March in incidents which have left around 100 people dead or missing.
  • The latest case adds to the more than 14,000 migrants which Tunisia's coastguard said it has intercepted on their way to Europe between January and March.

Schoolgirl poisonings continue in Iran

TEHRAN, IRAN - Dozens of schoolgirls were poisoned Saturday in several schools across Iran, local media reported, in continuation of the...
  • School going girls have been regularly targeted by poisoning since late November 2022 in Iran.
  • Iran reported that till March 7, over 5000 students across 25 provinces in the country have been poisoned.

Iraq condemns Turkey for air strikes in Kurd region

BAGHDAD, IRAQ - Iraqi President Abdel Latif Rashid condemned Turkey on Saturday for bombarding an area near Sulaimaniyah airport in the...
  • Iraqi president said Turkey continued to target Kurdistan region as it struck against Sulaimaniyah airport.
  • President Abdel Latif Rashid said Turkey has "no legal justification" for attacking the Kurdish region.

Jordanians still revere Saddam for Palestine cause, Arab nationalism

Amman, Jordan -- Twenty years after the fall of his regime, the late Iraqi president Saddam Hussein remains admired and popular...
  • "Tens of thousands of Jordanians graduated from Iraqi universities in various fields during Saddam's era with free scholarships," MP Khalil Attiyeh told AFP.
  • "The main reason Jordanians love Saddam is that they saw him as a hero and a savior who had a mission to boost the Arab nation at all levels," Attiyeh told AFP.

World Bank could lend $50bn more over decade with reform: Yellen

Central bankers, finance ministers and participants from more than 180 member countries are expected to gather in the US capital...
  • In March, the World Bank submitted an evolution plan to be discussed with its development committee on April 12, during the spring meetings.
  • As global growth slows, the World Bank previously warned that the outlook is especially tough for the poorest economies -- which face sluggish growth driven by heavy debt burdens.

North Korea tests another underwater ‘nuclear attack drone’

In response to US and South Kroea military drills, North Korea has tested another underwater nuclear attack drone, though military...
  • Blaming US-South Korea exercises for a worsening regional security situation, it claimed to have conducted the first test of the Haeil
  • According to Seoul, the US and South Korea staged joint air drills involving at least one US nuclear-capable B-52H strategic bomber

US Treasury Secretary US economy to grow, downplays recession fears

Washington, United States - US Treasury Secretary Janet Yellen expects the world's biggest economy will continue to grow, despite heightened...
  • Yellen said she is committed to ensuring that all deposits are safe and monitoring banking system conditions
  • After SVB's collapse, US authorities set out plans to ensure its customers would be able to access their deposits

Russia formally charges Wall Street Journal reporter with espionage

Evan Gershkovich was formally charged with espionage by Russia, according to Russian news agencies, accusation rejected both by the reporter...
  • According to state-run agency TASS, sleuths from the FSB charged Gershkovich with espionage "in the interests of his country"
  • The State Department summoned the Russian ambassador and Antony Blinken raised the matter in a telephone call to Russian foreign minister

Google to provide Gemini AI tools to US government

Google will provide its Gemini artificial intelligence tools to US federal agencies practically free, the government announced Thursday.

Company News

Latest News

Lebanese fishermen stay ashore after Israeli warning

The Israeli army warned late Monday that it would expand its operations against the Lebanese fighter group Hezbollah to Lebanon's...

Fleeing Israeli bombs, Lebanon’s displaced met with suspicion

Lebanon remains split over the group's decision to open a front against Israel in solidarity with Gaza and drag the...

Saied re-elected Tunisia president with 90.7% of the vote

Tunis, Tunisia - Kais Saied has been re-elected president of Tunisia with 90.69 percent of votes cast, electoral authority ISIE said...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Israel marks first anniversary of Hamas’s October 7 attack

Israel began its commemorations Monday of the one-year anniversary of Hamas's deadly October 7 attack, with an outpouring of emotion...

October 7 anniversary: Hamas praises ‘glorious’ moment in its resistance, Netanyahu says ‘we will win’

Hamas called the Palestinian resistance a testament of resilience against Israeli aggression, while Netanyahu reaffirmed Israel's commitment to crush Hamas...
  • Last year's October 7 attack resulted in the deaths of 1,205 people, according to an AFP tally based on Israeli official figures that include hostages killed in captivity
  • At least 41,870 Palestinians, a majority of them civilians, have been killed in Israel's military campaign in the Gaza Strip since the war began

Dubai’s night beaches a cool solution to summer heat

With temperatures regularly topping 40 degrees Celsius, outdoor activities are severely limited. More than one million people have visited the...
  • For residents of Dubai, a coast-hugging, desert metropolis of about 3.7 million people, the hot season from June to October is an annual trial.
  • The city now has more than 800 meters (yards) of designated night beaches fitted with shark nets and illuminated by giant, bright floodlights.