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

Ahead of COP27, Germany criticizes Egypt for its human rights record

The German government's human rights commissioner, Luise Amtsberg, urged summit host Egypt to release jailed dissident Alaa Abdel Fattah, currently...
  • "Assuming global responsibility also means, above all, assuming responsibility for the protection of human rights," said Amtsberg.
  • Rights groups estimate that some 60,000 political prisoners are behind bars in Egypt, many of them in brutal conditions and overcrowded cells, accusations Cairo rejects.

Tanzanian aircraft with 49 people on board plunges into a lake

Dar es Salaam, Tanzania— A domestic passenger plane plunged into Lake Victoria in Tanzania early on Sunday due to bad weather...
  • No information was immediately available on the number of passengers aboard the plane, but local media reports said around 49 people were on the flight
  • The accident comes five years after 11 people died when a plane belonging to a safari company crashed in northern Tanzania

Five things to know about Egypt’s pharaoh Tutankhamun

The tomb of Tutankhamun, who died aged 19 around 1324 BC after nine years on the throne, was discovered by British...
  • The walls of the chamber in which Tutankhamun was laid to rest were covered in gold
  • Several months after the 1922 discovery, Britain's Lord Carnarvon, who financed the research, was diagnosed with infections and died

COP27 summit in Egypt reckons with gravest threat to humanity

The already daunting task of decarbonizing the global economy in a few years has been made even harder by a...
  • Current trends would see carbon pollution increase 10 percent by the end of the decade and Earth's surface heat up 2.8C, according to findings unveiled last week
  • The already daunting task of decarbonizing the global economy in a few years has been made even harder by a global energy crunch and rapid inflation

Israeli army kills Palestinian teen in West Bank

Ramallah, Palestinian Territories— Israeli forces shot dead an 18-year-old Palestinian on Saturday near Ramallah in the occupied West Bank, the Palestinian...
  • The Israeli army said soldiers responded to "a report about stone hurling toward a highway" that had caused damage "to a number of cars"
  • Its forces on Thursday killed four Palestinians, including an alleged attacker in Israeli-annexed east Jerusalem and the West Bank

Climate activists deface Goya frames at Spain’s Prado

Saturday's stunt in Madrid was the latest increasingly daring action taken by climate activists to grab the headlines, including throwing...
  • The protest at the famed Prado museum damaged neither painting, but the protesters scrawled "+1,5°C" on the wall between the two artworks and both were detained
  • Spanish Culture Minister Miquel Iceta denounced the attack, writing on Twitter that it was an "act of vandalism" and that "no cause justifies attacking everyone's heritage"

Twitter begins rolling out new paid subscription

A week after Elon Musk took over the company, Twitter has begun rolling out a controversial new paid subscription system....
  • Jack Dorsey tweeted to apologize for growing the site too quickly a day after roughly half the company's 7,500 employees were fired by Musk
  • Musk has insisted that content moderation remains a priority, that the rules had not changed, and that he would create a council dedicated to this task

Iran tests rocket capable of sending satellites into space

Three months after launching a satellite with the help of Russia, Iran has announced the successful test flight of a...
  • The Ghaem-100 rocket was manufactured by the aerospace organization of the Islamic Revolutionary Guard Corps and it is the country's first three-stage solid-fuel satellite launcher
  • In August this year, another Iranian satellite, named Khayyam, was launched by Russia on a Soyuz-2.1b rocket from Baikonur Cosmodrome in Kazakhstan

US backs two-state solution in call to Palestinian leader

US Secretary of State Anthony Blinken reaffirmed Washington's commitment to a two-state solution to the Israeli-Palestinian conflict in a phone...
  • The election result in the Jewish state came against the backdrop of soaring violence between Israel and the Palestinians.
  • US Secretary of State Anthony Blinken in a phone call with Palestinian President Mahmoud Abbas also discussed efforts to improve the quality of life for the Palestinian people.

Iran admits it had sent drones to Russia before the war

Iran admitted for the first time that it has sent drones to Russia, but insisted they were supplied to its...
  • Ukraine and its Western allies have accused Russia of using Iranian-made drones in recent weeks to carry out attacks.
  • The European Union and UK have imposed sanctions on three Iranian generals and an arms firm accused of supplying Russia with drones.

Trump’s MAGA base defies conservative pro-Israel doctrine

Washington, United States - Unconditional support for Israel has long been an entry requirement in US Republican politics, but that...

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India, Iran sign 10-year agreement to develop port project

Tehran, Iran - India and Iran on Monday signed a 10-year contract to develop and equip the strategic Chabahar port in...

Kuwait approves new government amid political crisis

Kuwait's emir approved a new cabinet Sunday two days after he dissolved the parliament elected only weeks earlier, and he...

Israel opens new border crossing into northern Gaza

Israel said its Kerem Shalom southern crossing with Gaza reopened on Wednesday, three days after being closed because of rocket...
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QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.
  • The Qatari state-owned hydrocarbon giant will receive stakes in the Cairo and Masry concessions off Egypt's north coast.
  • Under the deal, the operator ExxonMobil retaining 60 percent, QatarEnergy said in a statement.

Hamas says Israeli-British hostage held in Gaza dead

Popplewell was kidnapped from his home during Hamas's October 7 attack along with his mother, Hanna Peri, who was released...
  • Earlier on Saturday, the Ezzedine Al-Qassam Brigades released an 11-second clip showing captive Nadav Popplewell alive and identifying himself
  • In the video, the footage was superimposed with text in Arabic and Hebrew that read: "Time is running out. Your government is lying."

US slams Israel’s use of American weapons in Gaza

The US has warned that the reputational damage Israel will suffer if it storms a city where an estimated 1.4...
  • Israel's main international ally said it was "reasonable to assess" that Israel has used weapons in ways inconsistent with international humanitarian law
  • Relations between the two allies sunk earlier in the week after US President Joe Biden threatened to halt some arms deliveries if Israel went ahead with an assault on Rafah