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

CVC to invest in WTA

The company likely to buy 20 percent stake.
  • The WTA tour includes more than 70 events annually but it has suffered financially from suspending tournaments in China and Hong Kong.
  • Liberty Media bought CVC's stake from Formula One in 2016 but the firm owns an Indian Premier League franchise.

China pushes for tech-sector self-reliance to combat US, allies curbs

A broad restructuring document announced by China's cabinet on Tuesday intends to focus the Ministry of Science and Technology's resources...
  • Beijing will also set up a national data administration to oversee the digital economy, as well as slash staffing at the country's central state institutions
  • The restructuring comes as China pours resources into its research capabilities in the face of tightened restrictions on homegrown tech companies by the US

China’s students use ChatGPT for homework, learning English

Students are also using ChatGPT to bypass China's lucrative English language test prep industry, in which applicants learn thousands of...
  • With its ability to produce A-grade essays, poems and programming code within seconds, ChatGPT has sparked a global gold rush in artificial intelligence tech
  • Although in China, the service is unavailable without a VPN, over a dozen students told AFP they have used it to write essays, solve science and maths problems

Israeli operation in Jenin kills six Palestinians including militant

The Palestinian health ministry said six men had been killed, one aged 49 and the rest in their 20s, in...
  • At least 26 Palestinians were wounded during Tuesday's raid, the Palestinian health ministry said, three of them with serious injuries
  • Hamas condemned the killing of the six Palestinians, which it said would only make Palestinians "more determined to confront the Israeli occupation

NASA to launch a crewed mission around Moon in Nov 2024

NASA is to reveal the members of the Artemis 2 crew later this year. All that is known so far...
  • NASA officials provided an update on the Artemis program, which aims to return humans to the Moon for the first time since the Apollo missions in 1972
  • The first Artemis mission wrapped up in December with an uncrewed Orion capsule returning safely to Earth after a more than 25-day journey around the Moon

White House endorses bipartisan bill empowering US to ban TikTok

The Senate bill and the backing of the White House accelerated the political momentum against TikTok, which is also the...
  • The bill was backed by Mark Warner, a senior US senator from the Democratic party, and John Thune, a South Dakota Republican
  • TikTok reacted by again pointing to its months of negotiations with the Committee on Foreign Investment in the United States (CFIUS)

Egypt’s train derailment in north kills two and injuries 16

In the latest rail tragedy to hit Egypt, two people were killed and many more injured at Qalyub north of...
  • The accident, according to the country's rail authority, happened when a passenger train entering Qalyub station went through a stop signal
  • In recent years, rail accidents in Egypt have mostly been blamed on poor infrastructure and maintenance

Inter-Parliamentary Union urged to take up Bahrain rights issue

BEIRUT, LEBANON - Lawmakers attending an inter-parliament gathering in Bahrain's capital this week should seize the "opportunity" to address the Gulf...
  • Human Rights Watch and Bahrain Institute for Rights and Democracy have urged the participants to tackle human rights issues.
  • The Inter-Parliamentary Union ,the oldest and largest organization of parliaments, is scheduled to be held in Manama from March 11 to 15.

Israeli forces kill Palestinian, injure several others in West Bank

Two witnesses said rockets had been fired at the building housing a group of militants, and reported gunfire in the...
  • Heavy gunfire was reported between militants and soldiers as the Israeli forces surrounded a house.
  • Since the start of the year, the conflict has claimed the lives of 66 Palestinian adults and children, including militants and civilians.

Lego to gain market share

Excluding currency effects, the sales gain was 11 percent.
  • For 2022, net profit at the Danish firm rose four percent to a record 13.8 billion kroner ($1.98 billion).
  • The company has been buoyed both by sets based on franchises such as Star Wars and Harry Potter.

Made-for-TV pageantry as Trump brings Putin in from cold

Anchorage, United States - Stepping foot on Western soil for the first time since he ordered the invasion of Ukraine,...

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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...

Israel’s Gantz says military focus needs to shift to Lebanon

"We have enough forces to deal with Gaza and we should concentrate on what is going on in the north,"...

Algeria’s Tebboune re-elected president for second term

That year, Tebboune became president after widely boycotted elections and mass pro-democracy protests from 2019 that died out under his...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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‘Beautiful thing’: hijab-wearing singer looks to inspire

Dubai, United Arab Emirates - In a Dubai recording studio, hijab-clad Ghaliaa Chaker tunes her guitar and belts out original songs...
  • The 26-year-old Syrian, who was raised in the UAE, has become a social media sensation, with 437,000 followers on Instagram and millions of views on her YouTube channel
  • She offers not only a unique sound but also an unusual look in a region where artists who wear the hijab, the head covering characteristic of Muslim women, are few and far between

UAE’s Etihad finds ‘no issues’ with engines of A350 fleet: statement

Rolls-Royce said on Thursday it was launching "a one-time precautionary engine inspection programme" which may apply "to a portion of...
  • Etihad Airways, which operates five of the Airbus A350-1000s, is the only airline in the United Arab Emirates that has this aircraft type in service
  • "Etihad has discovered no issues, nor experienced any similar events with the engine, so does not anticipate any impact on its operations," it added

Global stock markets wobble as investors weigh US jobs data

Since US Federal Reserve Chairman Jerome Powell stated last month that the time for interest rates to begin coming down...
  • Another big miss for August would have solidified perceptions that the US economy is slowing more sharply than initially thought.
  • Government data showed Friday the world's biggest economy added 142,000 jobs last month, an increase from July's figure which was revised notably lower to 89,000.