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

EU to shore up Tunisia economy with US$100m grant

In order to shore up its economy battered by the Covid pandemic and political turmoil, the EU has signed off...
  • Tunisia relies heavily on imported wheat and natural gas, whose prices have shot up since Russia's invasion of its neighbor in February
  • The grant comes as Tunisia awaits a loan deal with the International Monetary Fund (IMF), and the EU said its aid money was "part of the approved reforms" to finalize the deal

Russia under pressure as G20 tackles Ukraine war, soaring food prices

Eyeing a joint G20 declaration that would condemn Russia's eight-month-old invasion and threats to use nuclear weapons, US and European...
  • There was a hint at growing Chinese unease with Russia's prosecution of the war when presidents Xi Jinping and Joe Biden met late Monday
  • Both men voiced opposition to the "use or threat of use" of nuclear weapons in Ukraine, according to a White House account of the meeting

UAE won’t choose sides between global powers, says Anwar Gargash

The UAE is a key player in the 13-nation OPEC oil cartel which, with its 10 allies headed by Russia,...
  • The comments by Anwar Gargash, a senior advisor to the UAE's president, come as Washington is at odds with Russia.
  • The UAE, is not "dependent on just one or two countries for both our economic prosperity and our security", said Gargash.

Jeff Bezos to donate most of $124 billion fortune to charity

Amazon founder Jeff Bezos for the first time said he will give away most of his $124 billion fortune to...
  • In a CNN interview released on Monday, Bezos said he and his partner Lauren Sanchez were "building the capacity to be able to give away this money."
  • Asked whether he intended to donate most of his wealth within his lifetime, the 58-year-old Bezos said: "Yeah, I do."

UN chief hopeful Russia will extend grain deal

United Nations Secretary-General Antonio Guterres hoped Russia would extend the deal that gives safe passage to Ukrainian grain shipments. The...
  • Russia has said it had yet to decide whether to extend the grain deal beyond November 19, the original date in the agreement.
  • Both Ukraine and Russia are one of the world's top grain producers.

UNHRC to host emergency session on Iran protests

The UN Human Rights Council said it would hold an urgent session on Iran, with backers pushing for a global...
  • The United Nations' highest rights body said a special session on "the deteriorating human rights situation" in Iran would be held on November 24.
  • The support of 16 of the Human Rights Council's 47 members, more than a third, is required to convene a special session outside the three regular ones

UN probes allegations of Egypt ‘surveillance’ at COP27

SHARM EL SHEIKH, EGYPT - United Nations officers running security at the COP27 climate summit in Egypt said Monday they...
  • Participants at COP27 - including activists, rights defenders, and civil society groups - have raised cases of "surveillance" during the summit.
  • A German diplomatic source said a complaint was lodged with Egypt as the delegation "felt we were being watched."

Handshakes, coffee cups: Qatar etiquette essentials

Here are some of the cultural conventions football fans should know when visiting the emirate, which, like other Arab nations,...
  • In public places, it is customary to stand up when greeting others, particularly the elderly, as a sign of respect.
  • Guests must always drink with their right hand. The coffee keeps coming until you wave your cup to signal you have had your fill.

China expects improvement in relations with US after Xi-Biden meet

Beijing, China— China said on Monday it hopes a meeting between President Xi Jinping and his American counterpart Joe Biden ahead...
  • Xi arrived in Bali on Monday afternoon on only his second overseas trip since the pandemic, after a visit to Kazakhstan and Uzbekistan in September
  • Biden earlier said he was hoping to set "guardrails" for relations between the world's two largest economies as they vie for international primacy

Musk sees aliens, tunnels in a candlelit G20 vision of the future

The seemingly disembodied billionaire Twitter owner appeared by video link on Monday to address business leaders in Bali on the...
  • Musk was asked why he had not travelled to Indonesia, the Twitter's new boss joked that his "workload has recently increased quite a lot" after the takeover
  • He said he wants to see rocket platforms across the world that would allow people to travel "to the complete other side of the world" at 20 times the speed of sound

Trump’s envoy Witkoff holds talks in Israel on ceasefire as Gaza criticism mounts

Witkoff has been the top US representative in indirect negotiations between Israel and Hamas but the discussions broke down last...

Company News

Latest News

Israel, Hamas reject bid before ICC to arrest leaders for war crimes

Karim Khan said he was seeking warrants against Netanyahu and Israeli Defense Minister Yoav Gallant for crimes including "starvation", "willful...

Iran media declares President Raisi dead, no official confirmation yet

"The president of the Islamic Republic of Iran, Ayatollah Ebrahim Raisi, had an accident while serving and performing his duty...

Saudi king treated for lung infection: statement

Riyadh, Saudi Arabia - Saudi Arabia's King Salman has a lung infection and is undergoing a treatment programme involving antibiotics, the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

US envoy touts ‘potential’ of Israel-Saudi deal in Netanyahu talks

US National Security Advisor Jake Sullivan says there is a potential of Israel-Saudi normalization deal if Netanyahu alters his political...
  • An Israeli strike killed 31 people in central Gaza on Sunday, said the Palestinian territory's civil defense agency
  • President Biden said Sunday he heard the voice of Gaza war protesters as some students turned their backs during his speech

Saudi fashionistas attempt beach rebrand

The setting for Red Sea Fashion Week, the St Regis Red Sea Resort on Ummahat Alshaikh island, is part of...
  • Beach developments are seen as major potential attractions, and Red Sea Fashion Week was partly intended to highlight what is already in place.
  • Officials involved in Red Sea Global stress they are making progress, opening two resorts last year and preparing to launch 14 more hotels by the end of next year.

Prayers and concern in Iran as President Ebrahim Raisi’s helicopter remains missing

Search and rescue teams are looking for the crash site in the remote mountain area, says Iranian state media, adding...
  • The harsh weather conditions and heavy fog have made it difficult for the rescue teams to reach the accident site.
  • Iranian president's convoy included three helicopters, and the other two had "reached their destination safely.