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

Canada eases immigration rules to make Syrians, Turks feel at home

"Canada is committed to providing relief to those impacted by the devastating earthquakes in Türkiye and Syria," said Sean Fraser, Minister...
  • The new measures would allow, for example, people from those countries to apply for work permits that authorize foreigners to work for any employer for a specified period
  • The announcement comes 10 days after the UN urged the international community to speed up its settlement of Syrian refugees from areas affected by the earthquake in Turkey

Former US President Donald Trump claims his arrest is imminent

Donald Trump called on his supporters to "protest, take our nation back", as he expects to be arrested over an...
  • A conviction in the hush money case would not prevent Trump from running, but an indictment can have major consequences
  • Denouncing Trump's announcement as "reckless, Nancy Pelosi said it would foment unrest among his supporters

Ukraine grain deal extended, says Turkey’s President

Turkey announced the extension of a deal that has allowed exports of Ukrainian grain to resume following Russia's invasion, but...
  • Turkey and the United Nations did not specify the duration of the grain deal.
  • A deal brokered by Turkey and the United Nations in July 2022 - and signed by Kyiv and Moscow - had allowed for the safe passage og grain supplies.

Erdogan to meet Egyptian President al-Sisi soon, says Turkish minister

Turkey's top diplomat said President Recep Tayyip Erdogan and Egyptian President Abdel Fattah al-Sisi would meet to mark the end...
  • Turkey's foreign minister said his country wants to restore diplomatic relations with Egypt at the highest level.
  • Egyptian foreign minister Sameh Shoukry visited Turkey in February after the deadly earthquake as a mark of solidarity

Iran hands down death sentences to two over Shiraz shrine attack

TEHRAN, IRAN -  An Iranian court sentenced two people to death over an October attack on a shrine in the southern...
  • The pair were convicted of assisting in "corruption on earth, armed rebellion and acting against national security".
  • Three other defendants in the case were sentenced to prison for five, 15 and 25 years for being members of IS group.

Turkey’s Erdogan asks parliament to back Finland’s bid to join NATO

Ankara, Turkey--Turkish President Recep Tayyip Erdogan ended months of diplomatically charged delays on Friday and asked parliament to quickly back Finland's...
  • Erdogan told Finnish President Sauli Niinisto that Helsinki had shown a strong commitment to addressing Ankara's security concerns.
  • Turkey has been seeking the extradition of dozens of Kurdish suspects it accuses of ties to outlawed militants and a failed 2016 coup attempt

UBS in talks to acquire embattled Credit Suisse: report

The Swiss National Bank (SNB) and financial markets watchdog FINMA told their US and British counterparts their "plan A" to...
  • Credit Suisse came under pressure this week as the failure of two US regional lenders rocked the sector
  • The idea of a takeover by UBS was also floated this week by analysts at JP Morgan, calling it "the most likely" scenario

100 killed in Israeli-Palestinian conflict this year

The Palestinian health ministry announced the death of Yazan Omar Jamil Khasib, 23, who died "after the occupation (Israel) opened...
  • Since the start of the year, the Israeli-Palestinian conflict has claimed the lives of 86 Palestinian militants and civilians, including children
  • Thirteen Israeli adults and children, including members of the security forces and civilians, and one Ukrainian civilian have been killed over the same period

Tunisia’s interior minister, and close aide of president, resigns

Taoufik Charfeddine, a close aide of Tunisia's President and the country's interior minister, has announced his resignation in order to...
  • Charfeddine, a former lawyer, was a key figure in the election campaign that propelled the previously little known Saied to the presidency in 2019
  • When Saied mounted his power grab and ordered a wave of arrests, Charfeddine held news conferences to defend the incarceration of opposition politicians

Lebanon central bank chief denies financial misconduct

Lebanese central bank governor Riad Salameh maintained his innocence following a second day of questioning before European investigators in Beirut...
  • Following a three-hour session, Salameh released a statement saying he appeared as a witness and "not as a suspect or facing charges".
  • The European investigators are looking into allegations of financial misconduct, including possible money laundering and embezzlement.

A shadowy tourism deal puts one of Egypt’s last wild shores at risk

Thousands signed a petition to "Save Hankorab" after discovering a contract between an unnamed government entity and an investment company...

Company News

Latest News

Egypt fears ‘all out’ regional war, says foreign minister

Egypt's foreign minister Sunday warned of the risk of an all-out regional war in light of intensified fighting between Israel...

UN adopts pact to tackle volatile future for mankind

UN members adopted a blueprint for the future Sunday to tackle the myriad wars, environmental threats, and technological challenges facing...

Researchers decode oldest human DNA

The genetic sequences were from a man and a woman whose remains were found at a rock shelter near the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Al Jazeera TV raided in West Bank; ordered to close for 45 days

Global news channel Al Jazeera said armed and masked Israeli forces raided its office in Ramallah in the occupied West...
  • The Israeli military has repeatedly accused journalists from the Qatari-based network of links to Hamas
  • Al Jazeera has fiercely denied Israel's accusations and said Israel systematically targets its employees in the Gaza Strip

Coal mine blast in Iran kills more than 50 mine workers

A blast caused by a gas leak at an Iranian coal mine has killed at least 51 people, state media...
  • A leak of methane gas led to the blast in two blocks of the mine, which is owned by the private Iranian firm Madanjoo
  • State TV broadcast footage of ambulances and helicopters arriving at Tabas in eastern Iran to transport the injured to hospital

Top Hezbollah commander killed in Israeli strike on Beirut

The killing of Aqil was the second of a senior Hizbollah commander since the start of the war in Gaza,...
  • Ibrahim Aqil, who was also wanted by the United States for involvement in the 1983 bombing of the US embassy in Beirut, headed the Iran-backed group's elite Radwan unit
  • AFP journalists at the scene said the blast had left a massive crater and gutted the lower floors of a high-rise building in the Lebanese capital's southern suburbs