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 to reveal names of 4 astronauts who will fly around Moon in 2024

NASA administrator Bill Nelson said the crew members of the mission known as Artemis 2 would be revealed on April...
  • The ambitious program aims to return humans to the Moon for the first time since the Apollo missions ended in 1972
  • NASA hopes to establish a lasting human presence on the lunar surface and later launch a years-long trip to Mars

20 years after US invasion, Iraq is closer to Washington, far from ‘liberal democracy’

President George W. Bush's war, launched in the aftermath of the 9/11 attacks, is seared in memory for its "shock...
  • The decision after the March 20, 2003 ground invasion to dismantle Iraq's state, party and military fuelled years of bloodletting
  • The US forces, backed mainly by British troops, never found the weapons of mass destruction that had been the justification for the war

Iran ready to join efforts to reconcile Syria, Turkey

Syrian President Bashar al-Assad has been politically isolated in the region since the start of Syria's war in 2011, triggered...
  • Amir-Abdollahian landed in quake-wracked Latakia province before flying to Damascus, where he met Syrian Foreign Minister and the president
  • He discussed with Assad "Tehran joining meetings to build a dialogue between Damascus and Ankara," the Syrian presidency said

Poor states’ summit promised just US$1.4bn, says UN

DOHA, QATAR - Just US$1.4 billion in new loans and grants were promised at a UN summit devoted to the world's...
  • The Doha meetings saw Saudi Arabia offer $800 million in loans to Least Developed Countries.
  • Qatar said it would give $60 million for UN projects and Canada $59 million for vitamin supplements in LDCs.

Credit Suisse delays yearly report

Delay has had no effect on its annual financial statement.
  • The publication of the yearly report which includes information about the company's functioning, was due on Thursday
  • The bank had reported a net loss of 7.3bn Swiss francs ($7.9 billion) - the biggest since 2008, in its 2022 financial statement

Global stocks mixed as markets await US jobs data

Wall Street rose but European stock markets fell as investors brace for US jobs data that they fear could prompt...
  • The US Federal Reserve raised rates by a quarter basis point in December, lower than previous decisions.
  • European wholesale natural gas prices dived to the lowest level since August 2021, due to high storage levels.

Grain deal not being implemented properly, says Russia

MOSCOW, RUSSIA - Russian Foreign Minister Sergei Lavrov said Thursday that extending a deal that allowed grain exports from Ukraine to...
  • Russia's military intervention saw Ukraine's Black Sea ports blocked by warships until a deal was reached for the export of grains.
  • The UN and Turkey-brokered deal will automatically renew on March 18 unless Russia or Ukraine object.

Tunisia President moves to dissolve elected municipal councils

The councils were seen as a key democratic gain after the 2011 revolt that sparked the Arab Spring. Saied sacked...
  • The councils were the product of a 2018 election won by independent lists and the Islamist-inspired party Ennahdha
  • Over 20 political figures have been arrested in the North African country in recent weeks, mainly outspoken opponents of Saied

Violence, Israel reform protests overshadow Pentagon chief’s visit

A planned mass rally in Tel Aviv by Israeli protesters opposed to the government's controversial legal reform plans forced an...
  • Three suspected Palestinian militants were killed by Israel's forces in the occupied West Bank, hours before the arrival of Pentagon chief.
  • In Tel Aviv, protesters on foot blocked a major thoroughfare near the defense ministry.

Fearing ban, TikTok seeks to calm Europe’s worries over data privacy

TikTok executives said the company was working with a third-party European security company to oversee and check how it handles...
  • The initiative came as the Czech cyber watchdog issued its own warning, describing the Chinese-owned video-sharing app as a security threat
  • The European Union and the United States, have taken a tough approach to the app, which is owned by Chinese company ByteDance

Emaciated Gaza woman dies after humanitarian flight to Italy hospital

A young Palestinian woman who was flown from Gaza to an Italian hospital in a severely emaciated state for treatment...

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Oil tanker ablaze off Yemen threatens environmental disaster

An abandoned tanker carrying more than one million barrels of crude oil could contaminate vast areas of the Red Sea...

Apple unveils new iPhone built for AI, looks to boost sales

Cupertino, United States - Apple on Monday unveiled new iPhones built for generative artificial intelligence as it seeks to boost sales...

Gaza agency says Israeli strike kills 40 in humanitarian zone

Gaza civil defence official Mohammed Al-Mughair told AFP early Tuesday that "40 martyrs and 60 injured were recovered and transferred"...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

First step for Europe’s hyperloop vehicles with test launch

Veendam, Netherlands -- The dream of hurtling between European cities at speeds of more than 700 kilometers per hour moved a...
  • For the moment, the speed is relatively slow at 30 kilometers (18.6 miles) per hour but operators hope to reach 100 kph (62 mph) by the end of the year.
  • Amsterdam to Berlin in 90 minutes or Milan in two hours -- the technology has the potential to revolutionize travel in Europe.

Israeli army orders new evacuation in northwest Gaza

The vast majority of Gaza's 2.4 million people have been displaced at least once during more than 11 months of...
  • Israel has issued numerous evacuation orders during its war against Gaza rulers Hamas
  • The evacuation orders have covered most of Gaza's territory, according to the UN

Jordanians to vote amid woes over economy and Gaza war

Jordanians will head to the polls on Tuesday to vote for a new parliament amid widespread frustrations over a lagging...
  • A Jordanian killed three Israeli guards at the border crossing between Jordan and the occupied West Bank
  • Public debt is approaching $50 billion and unemployment reached 21 percent in Q1