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

War-themed video game fuels wave of misinformation

Footage from the war-themed Arma 3 video game has been used repeatedly in recent months in fake videos about the...
  • Arma 3 allows players to create various battlefield scenarios using aircraft, tanks and tanks and a host of weapons.
  • Given the unsophisticated nature of the Arma 3 misinformation, researchers say it is unlikely to be the work of state actors.

China’s air incursions into Taiwan zone doubled in 2022

Military analysts say China has used the incursions to probe Taiwan's defenses, exhaust its ageing air force and voice displeasure...
  • China sent 1,727 planes into Taiwan's air defense identification zone (ADIZ) in 2022, according to the daily updates released by Taipei's defense ministry
  • August 2022 saw a record 440 sorties by Chinese warplanes, the same month Pelosi became the highest-ranking US lawmaker to visit Taiwan in 25 years

Canada’s ban on foreign homebuyers comes into effect

Many experts have also said the ban on foreign buyers -- who accounted for less than five percent of home...
  • Several exceptions in the act allow individuals such as refugees and permanent residents who are not citizens to buy homes
  • Canada Mortgage and Housing Corporation -- the national housing agency -- said in a June report that close to 19 million housing units will be needed by 2030

More than 45,000 migrants made Channel crossing to UK last year

Migrant issue has become a huge political problem for the Conservative government, which has promised to bring down illegal immigration...
  • In total, 45,756 people made the dangerous small-boat crossing of one of the world's busiest shipping lanes last year, compared with 28,526 in 2021
  • The last year also saw the highest ever single-day total of migrants making the crossing, with 1,295 making the journey on August 22

France begins testing Chinese arrivals to track Covid variants

France joins other states including the United Kingdom, Italy and the United States in testing arrivals from China, four weeks...
  • As of Sunday, visitors from China must wear a mask and be prepared to submit to a test on arrival, which will be done at random
  • Then from Thursday travelers will also have to present a negative PCR or antigen test undertaken less than 48 hours before their flight

South Korea, US look to hold joint nuclear exercises

Seoul, South Korea-- Seoul and Washington are discussing joint planning and exercises involving US nuclear assets to counter growing threats from...
  • South Korea, under the hawkish Yoon, has beefed up joint military drills with the United States, which had been scaled back during the pandemic
  • In 2022, the North conducted sanctions-busting weapons tests nearly every month, including firing its most advanced ICBM ever

Israeli missile strike on Damascus airport kills two soldiers

Two Syrian soldiers were killed in an Israeli missile strike on Damascus International Airport, according to the country's state news...
  • According to Syrian Observatory for Human Rights, the strikes targeted pro-Iranian groups like Hezbollah and a weapons warehouse
  • Israel rarely comments on reports of its attacks, but it has repeatedly said it will not allow its archfoe Iran to gain a foothold in Syria

Explosion near Kabul military airfield kills, wounds several people: Official

The Taliban authorities claim to have improved security since storming back to power in August 2021 but there have been...
  • The cause of the blast at the gate of the facility next to Kabul's international airport was unclear, interior ministry spokesman Abdul Nafy Takor said.
  • Last month at least five Chinese nationals were wounded when gunmen stormed a hotel popular with Chinese business people in Kabul.

Iran arrests footballers at mixed-gender party, say media reports

TEHRAN, IRAN - Iranian authorities have arrested football players who attended a mixed party east of Tehran, local media reported Sunday,...
  • Iran has been rocked by unrest since the September 16 death in custody of Mahsa Amini, 22, following her arrest for allegedly violating the dress code.
  • Iranian law only permits non-Muslims to consume alcohol for religious purposes. Dancing with the opposite gender is forbidden.

Two dead, 200 rescued in Lebanon migrant boat sinking: army

On Twitter, UNIFIL confirmed it was assisting the Lebanese Navy "in search and rescue operation at sea between Beirut &...
  • Men, women and children -- mostly refugees from Syria but also about 50 Lebanese -- were on board the vessel when it got into difficulty
  • Earlier, the army said a naval patrol had been dispatched to rescue the vessel packed with people attempting to "illegally leave Lebanese waters"

Electric ‘air taxis’ could debut in Japan from 2027

Tokyo, Japan -- Airline ANA said Thursday that, together with a US start-up, it hopes to have electric "air taxis"...

Company News

Latest News

Israel issues new Gaza evacuation orders, many Palestinians flee

Hundreds of thousands had already left Rafah ahead of and during a ground offensive launched by Israeli troops on the...

Gaza hospital chief says tortured in Israel detention

Israel's military has accused Hamas of using hospitals in the Gaza Strip as a cover for military operations. It has...

Boeing offered 737 MAX plea deal, lawyer of crash victims’ families says

Washington, United States - The US Justice Department is offering Boeing a plea deal that will allow it to avoid a...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Short fuses in Egypt as blackouts stretch into sweltering summer

Cairo, Egypt -- At least once a day, the hum of every fan, air conditioner and fridge across Egypt goes quiet....
  • A decade ago, Egypt faced similar power cuts, which helped fuel popular discontent and protests against the short-lived presidency of late Mohamed Morsi.
  • The present-day blackouts come as Egyptians face the worst economic crisis of their lives, with inflation and currency devaluations shredding savings and leaving families strugglin

Israel carrier says Turkish workers refused to refuel plane

Jerusalem, Undefined -- Israel's national carrier El Al said Sunday its Warsaw to Tel Aviv flight was not allowed to refuel...
  • The plane then took off to Rhodes in Greece where "it will refuel before taking off to Israel", the airline said.
  • Relations between Turkey and Israel have deteriorated since the war in Gaza broke out on October 7, with all direct flights between the two countries cancelled since.

China factory activity contracts for second straight month

Beijing, China - Factory activity in China shrank for a second straight month in June, data showed Sunday, underscoring the country's...
  • The manufacturing purchasing managers' index (PMI) registered at 49.5 in June, identical to May's figure, according to the National Bureau of Statistics
  • Policymakers are due to convene in the capital Beijing in mid-July for a highly anticipated political gathering expected to focus on economic recovery