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

Markets sink as US jobs data fan rate hike bets

A brief rally across trading floors last week gave way to gloom as investors grow increasingly worried that central bank...
  • All three main indexes tumbled Friday following news that a net 263,000 US jobs were created in September
  • With the spotlight on a consumer price index reading later in the week, policymakers continue to take a hawkish tone

BoE launches “temporary facility” to ease liquidity pressures

The BoE "announces additional measures to support market functioning", said a statement, adding that the central bank was ready to...
  • The BoE said it is launching a Temporary Expanded Collateral Repo Facility, enabling "banks to help to ease liquidity pressures facing" client funds beyond the end of this week
  • The central bank has so far made purchases of so-called gilts totalling around £5 billion ($5.5 billion), far less than its £65-billion limit

She’s training men: Bahrain hoopster breaks the mould

It is unusual for a woman to rise to the top, and in the conservative Arab monarchies of the Gulf,...
  • It is unusual for a woman to rise to the top, and in the conservative Arab monarchies of the Gulf, Reyadh's position is astounding
  • Several countries in the region have sought to soften a hardline image in recent years, promoting women more in the workforce, the arts and in sport

Freed Iranian singer appears in video for first time

The singer, who rose to fame for his song "Baraye", denied any links to any "movement or organization outside the...
  • The song racked up 40 million views on Instagram before it was deleted after his arrest. He was released on bail on Tuesday, state media said
  • Hajipour had posted a message on Instagram after his release, seeking to distance himself from politics

Chirpy commentator enlivens Qatar’s football culture

Khalil al-Balushi, one of Qatar's top football commentators, brings much-needed life to Qatar's subdued football culture.
  • Born in Oman and based in Qatar for 16 years, Balushi says all Arab football commentators "are a little bit noisy"
  • Since the 1990s, members of the royal family started pumping some of Qatar's natural gas riches into local clubs, which now vie for the best domestic players and foreign stars

UN denounces ‘heinous killing’ of migrants in Libya

Accusing smugglers of being behind the "heinous killing" of 15 migrants near the Mediterranean coastal city of Sabratha, the United...
  • Libya was a key route for clandestine migration even before the 2011 uprising that overthrew dictator Moamer Kadhafi
  • Since the start of the year, more than 14,000 migrants have been intercepted and returned to Libya, the International Organization for Migration said Monday

Energy firm starts test at sensitive Israel-Lebanon border gas field

In a statement Sunday, Energean said that "following approval received from the Israeli Ministry of Energy to start certain testing...
  • Israel has maintained that Karish falls entirely within its territory and is not a subject of negotiation with Lebanon.
  • Energean said the tests would take many weeks, and are "an important step" towards extracting gas from the Karish.

French PM leads delegation to Algeria as ties improve

French Prime Minister Elisabeth Borne starts a visit to Algeria with a top-level delegation, pushing for better ties with the...
  • Ties between the North African country and France had seen months of tensions after Macron last year questioned Algeria's existence as a nation before the French occupation.
  • The French PM is expected to sign deals on economic cooperation, including energy.

Two security members killed in Iran protests: State media

A wave of unrest has rocked Iran since the 22-year-old Kurdish woman died on September 16 after her arrest by...
  • The street violence has led to dozens of deaths, mostly of protesters but also members of the security forces.
  • A member of the Basij force was killed Saturday night "after suffering a serious head injury following an armed attack by a mob" in the south of the capital, IRNA said.

Qatar lures the rich with luxury World Cup

Those with bottomless budgets in the resource-rich region have attractive accommodation options too, with one third-party site offering $4,000-a-night hotel rooms...
  • Stadium crowds will include Qatar's migrant laborers, who were offered some tickets at $11 to watch a sport whose players and core supporters are traditionally blue-collar
  • United States, Britain, France, Mexico, China and India were among the countries where fans were showing most interest in packages for the UAE

UK starts online checks to stop children accessing harmful content

London, United Kingdom -- New UK age verification measures to prevent children accessing harmful online content came into force on...

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OpenAI comes to Asia

The ChatGPT creator opens first Asian office in Tokyo.

Stocks hit by Iran-Israel fears, containment hopes stem losses

Saturday's bombardment of more than 300 ballistic and cruise missiles and attack drones -- which were mostly repelled by air...

Israel urges Iran sanctions as world warns against escalation

Iran's UN envoy, Amir Saeid Iravani, retorted that the Islamic republic was exercising its "inherent right to self-defence" and "had...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Thousands gather in Iran in show of support for attack on Israel

Iran's attack came in retaliation for an April 1 strike that levelled the five-storey consular annexe of the Iranian embassy...
  • "Death to Israel!" and "Death to America!" chanted demonstrators in Tehran's Palestine Square shortly afterIran announced the launch of Operation Honest Promise
  • A mural saying "the next slap is fiercer" was unveiled in the square where a huge banner has hung for days calling, in Hebrew, for Israelis to "take shelter."

Call for restraint grows as Iran warns of ‘stronger response’ if attacked

As expected, Iran retaliated early Sunday by firing more than 200 drones and missiles toward Israel in response to Israel's...
  • Iran had repeatedly threatened to strike Israel in retaliation for a deadly April 1 air strike on its Damascus consular office that killed 9 people
  • People in across Israel sought cover amid chaso as residents also stockpiled water and other daily needs items reported local media

US troops head to region as fears grow of Gaza war’s spread

Fears of regional escalation grew after a strike on Iran's consular annex at its embassy in Damascus. Tehran blames the...
  • Airlines said they are avoiding Iranian airspace, nearly two weeks after a strike, which Iran blamed on Israel, destroyed Tehran's consular annex at its embassy in Damascus.
  • Tensions have also flared in the Israeli-occupied West Bank, where settler attacks left at least one Palestinian dead and dozens injured.