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

Zelensky says US summit in Alaska a ‘personal victory’ for Putin

Ukrainian President Volodymyr Zelensky said Tuesday that Russian counterpart Vladimir Putin had scored a "personal victory" by getting invited to...

US shoots down new mystery object as tensions escalate with China

On Sunday the Pentagon said that it does not yet know what the other three objects -- one shot down...
  • The objects shot down since Friday were detected after US air defense adjusted radar settings to scan for smaller and slower-moving objects, said Assistant Secretary of Defense
  • Canadian officials described the shot down over Canada's far northwest on Saturday as small and cylindrical, roughly the size of a Volkswagen car

Lebanon’s Hezbollah sends aid to Syria’s quake-hit Latakia

Lebanon has adopted a policy of dissociation from Syria's years-long war but on Wednesday, it sent its first high-level official...
  • The Iran-backed Hezbollah is a key ally of Assad's regime and has openly been fighting alongside his forces since April 2013
  • Adnan Moqadem, general director of civil defense in Hezbollah's health authority, said first aid convoy "will be followed by others".

Syria’s Assad thanks UAE for aid, emergency response to quake

Damascus, Syria--Syria's President Bashar al-Assad on Sunday thanked the United Arab Emirates for its emergency response and tens of millions pledged...
  • The UAE foreign minister arrived in Syria on Sunday, six days after a devastating earthquake struck Turkey and Syria, killing more than 33,000 people in total
  • It pledged some $13.6 million to Syria after the disaster before announcing another $50 million in assistance

UN admits aid failure for Syria as quake toll hits 33,000

Supplies have been slow to arrive in Syria, where years of conflict have ravaged the healthcare system, and parts of...
  • A UN convoy with supplies for northwest Syria arrived via Turkey, but the agency's relief chief Martin Griffiths said much more was needed for millions whose homes were destroyed
  • Bab al-Hawa is the only point for aid to reach people in rebel-held areas of Syria after nearly 12 years of civil war, after other crossings were closed under pressure

Syria’s Assad may consider more border crossings for quake aid: WHO

World Health Organization chief Tedros Adhanom Ghebreyesus met with the Syrian president in Damascus on Sunday afternoon to discuss the...
  • Concerns have been running particularly high for how aid might reach all those in need in Syria, which has been devastated by more than a decade of civil war
  • The situation is particularly dire in the rebel-held area in the northwest, which cannot receive aid convoys without Damascus's authorisation

Israel launches air strikes on ‘underground Hamas complex’

The Palestinian Red Crescent said one person was killed in a pre-dawn Israeli army raid in Nablus in the northern...
  • The strikes were launched were in response to the Saturday rocket launch from Gaza into Israel, the army added in a statement
  • Since the start of the year, the conflict has claimed the lives of 47 Palestinian adults and children, including militants and civilians

Qatar to send 10,000 World Cup cabins to Turkey and Syria

To house millions of people who lost homes in the devastating earthquake, Qatar will send some 10,000 cabins and caravans...
  • The mobile homes were used for a few weeks when Qatar hosted the football World Cup last year
  • Sheikh Tamim bin Hamad Al-Thani visited Turkey on Sunday, the first foreign leader to do so since last week's quake

Mahmud Abbas urges world leaders to end ‘Israeli aggression’

Cairo, Egypt - Palestinian president Mahmud Abbas on Sunday accused Israel of having "crossed all red lines" in the occupied West...
  • "Israeli intransigence and practices have crossed all red lines", he said at an Arab League meeting in Cairo.
  • The Israeli-Palestinian conflict has seen at least 43 Palestinians -- including attackers, militants and civilians -- killed this year.

UN decries aid failure for Syria, warns quake toll could double

A UN convoy with supplies for northwest Syria arrived via Turkey, but the agency's relief chief Martin Griffiths said much...
  • Syria's President Bashar al-Assad on Sunday thanked the United Arab Emirates for its emergency response and tens of millions pledged in aid to the quake-hit country.
  • Miraculous tales of survival still emerged, though experts caution that hopes for finding people alive in the devastation dim with each passing day.

Sexting chatbot ban brings AI rules in focus

Given that these bots still make factual blunders, often show bias and could even spout libelous statements, some are clamoring...
  • Regulators in Italy last week barred the firm from gathering data after finding breaches of Europe's massive data protection law, the GDPR.
  • OpenAI's latest model, GPT-4, is scheduled for release soon and is rumored to be so good that it will be impossible to distinguish from a human.

Zelensky says US summit in Alaska a ‘personal victory’ for Putin

Ukrainian President Volodymyr Zelensky said Tuesday that Russian counterpart Vladimir Putin had scored a "personal victory" by getting invited to...

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Qatar to host high-stakes Gaza ceasefire talks

US Secretary of State Antony Blinken told several Middle Eastern counterparts in recent days that "this ceasefire deal is of...

In Beirut, US envoy says ‘no more time to waste’ on Gaza ceasefire

US envoy Amos Hochstein's Lebanon trip comes a day before ceasefire negotiations between Hamas and Israel are set to resume

Explosions reported near two ships off Yemen

Two ships reported nearby explosions on Tuesday off the coast of Yemen, maritime security agencies said, though neither event resulted...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel PM and defence minister clash over Gaza hostage deal

"When Gallant adopts the anti-Israel narrative, he harms the chances of reaching a hostage release deal," Netanyahu said, adding that...
  • Gallant was discussing the choice Israel faced between a ceasefire deal that could end the conflicts in the north with Lebanese Hezbollah and in Gaza, and escalating the war
  • "I and the defence establishment support the first option," he said, rather than talk of "'total victory' and all that nonsense", a phrase frequently used by Netanyahu

Fitch lowers Israel’s credit rating amid economic strain from Gaza conflict

San Francisco, United States - US credit rating agency Fitch downgraded Israel a notch on Monday, warning that its ongoing conflict...
  • Fitch said that the conflict continuing into next year would force Israel to continue its high spending on military
  • Israel has also exchanged near-daily cross-border fire with Hezbollah in Lebanon, forcing Israelis to be evacuated from the northern border region

West tells Iran to ‘stand down’ Israel attack threats; Tehran says ‘no way’

With tensions soaring in the Middle East, the United States says that Iran along with its proxies might attack Israel...
  • Iran and its Lebanese ally Hezbollah have vowed revenge for the killings of Ismail Haniyeh and Fuad Shukr
  • The White House warned that a "significant set of attacks" by Iran and its proxies was possible as soon as this week