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

Italy’s Prime Minister Giorgia Meloni begins Algeria visit

Italian Prime Minister Giorgia Meloni and several ministers arrived in Algeria on Sunday, state media reported, ahead of meetings with...
  • Meloni's predecessor Mario Draghi sealed a string of deals with Algeria's President Abdelmadjid Tebboune in July
  • Tebboune said the July deal was worth $4 billion, while an Algerian official said the country would also increase gas exports to Italy

Power outage across Pakistan brings life to a halt

Islamabad, Pakistan--A massive power breakdown in Pakistan on Monday affected most of the country's more than 220 million people, including in...
  • The country's electricity distribution system is a complex and delicate web, and a problem in one section of the grid can lead to cascading breakdowns across the country
  • A similar breakdown in January 2021 had plunged the entire country into darkness after fault occurred in southern Pakistan tripping the transmission system of the country

Erdogan announces elections for May 14 in Turkey

The Turkish leader said that they had agreed on an adjustment to the timetable with its junior right-wing coalition partner...
  • The election campaign is due to start on March 10, which would give the Turkish opposition even less time to prepare
  • Erdogan had on Wednesday spoken of his intention to bring the election date forward to May 14, recalling the day Turkey held its first free election in 1950

Ronaldo starts with a win after lucrative Saudi move

Ronaldo's league debut had an anticlimactic feel in front of 22,862 fans after he scored twice in this week's lively...
  • The Portuguese superstar didn't score but there were promising signs for Al Nassr, who are eyeing domestic and continental silverware
  • Ronaldo arrived in oil-rich Saudi Arabia in early January but his debut was delayed while he served a two-match ban for knocking a mobile phone out of a fan's hand

Lawyers call off strike in Egypt to protest jailing of colleagues

The Egyptian Bar Association has called off a days-long strike held in protest against the jailing of six colleagues, according...
  • The move came after an appeals court on Sunday ordered the six be released and scheduled a verdict for February 5
  • The association had earlier claimed there was "a clear intention" by authorities to keep the six lawyers in detention "without real justification",

Building collapse in war-damaged Syria city kills 16

ALEPPO, SYRIA - A building collapsed Sunday in Syria's war-damaged second city of Aleppo, killing 16 people including children, authorities and...
  • Video footage shared on state television showed dozens of rescue workers at the site.
  • Much of Aleppo was destroyed during Syria's conflict that began nearly 12 years ago and left many of the remaining structures in a decrepit state.

Iran vows to address high inflation, currency devaluation

Iran's economy has been subject to increasing pressure with fresh sanctions imposed by Western countries over the authorities response to...
  • Addressing MPs, Raisi tried to reassure Iranians over the economy which faces a serious crisis due primarily to US sanctions.
  • At the end of December, the governor of the central bank resigned after the rial lost around 30 percent of its value in two months.

Netanyahu removes interior minister after Supreme Court order

Jerusalem, Undefined - Israeli Prime Minister Benjamin Netanyahu removed a top minister from office Sunday following a Supreme Court ruling against...
  • Leader of the ultra-Orthodox Jewish party Shas, Deri was appointed health and interior minister last month.
  • On Wednesday, the Supreme Court ruled that Netanyahu "must remove Deri from his position" due to a tax evasion conviction.

Arab states boycott meeting hosted by Libya’s unity government

The snub underlines Arab divisions over the Tripoli-based government, whose legitimacy is contested by a rival administration in the war-torn...
  • Four members sent lower-ranking ministers or ambassadors while Arab League chief Ahmed Aboul Gheit was also absent.
  • The unity government was the product of a United Nations-mediated peace process following the country's last major battle in 2020.

Iranian women political prisoners urge end to protester executions

PARIS, FRANCE - Thirty women political prisoners in Iran, including a Franco-Iranian academic and the daughter of a former president, on...
  • The signatories included Franco-Iranian researcher Fariba Adelkhah.
  • Another is former lawmaker Faezeh Hashemi, the daughter of former president Akbar Hashemi Rafsanjani.

Thousands protest in Tel Aviv against Israeli govt move to expand Gaza war

Demonstrators waved signs and held up pictures of hostages still being held in the Palestinian territory as they called on...

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‘We love life’: Gaza’s war-weary footballers play on

For fans and players, Tuesday's match in the Jabalia refugee camp was a welcome distraction from the pangs of hunger...

Bangladesh arrest total passes 2,500

What began as demonstrations against politicized admission quotas for sought-after government jobs snowballed into some of the country's worst unrest.

Paris prepares warm Olympics welcome — except for rats

While the Paris Olympics is set to be a festival of socializing and intermingling, city authorities are keen for visitors...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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The Biden bombshell: a plot twist that roils Trump too

With the Democrat no longer in the race, the Trump operation finds itself pushed into a strategic pivot, forced now...
  • For months Trump and his allies have been playing on concerns that the 81-year-old Biden may no longer be fit for office
  • He was frequently a target of Republican mockery and scorn at the Republican National Convention in Milwaukee

Israeli settlers beat foreign volunteers in occupied West Bank

Nablus, Palestinian Territories -- Israeli settlers on Sunday attacked a group of foreign volunteers helping Palestinian farmers in the occupied West...
  • Eight mainly American volunteers were working with the farmers in an olive grove near the Palestinian village of Qusra when settlers came after them, said David Hummel, an American
  • "They started attacking and beating us all with sticks and metal pipes and they were throwing rocks as well at us," he said.

Iraq to import electricity from Turkey for northern provinces

Baghdad, Iraq -- Iraq said Sunday a new power line will bring electricity from Turkey to its northern provinces as authorities...
  • Decades of war have left Iraq's infrastructure in a pitiful state, with power cuts worsening the blistering summer when temperatures often reach 50 Celsius (122 Fahrenheit).
  • Many households have just a few hours of mains electricity per day, and those who can afford it use private generators to keep fridges and air conditioners running.