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

Top Palestinian official meets US ambassador to Israel in Ramallah

Hussein al-Sheikh, vice-president of the Palestinian Liberation Organization (PLO), on Tuesday said he met the US ambassador to Israel, Mike...

Dow drops to lowest level in two years as recession looms

Falling for the fourth straight session, Wall Street stocks finished lower on Friday as markets bet on the rising risk...
  • The Dow Jones Industrial Average tumbled 1.6 percent to 29,590.41, its lowest closing value since November 2020
  • The drop came after the Federal Reserve Wednesday enacted a third straight interest rate increase of 0.75 percentage point

Morocco court sentences 12 migrants to jail over violence

Nearly three months after the border tragedy in which two dozen migrants died, a Moroccan appeals court has sentenced 12...
  • Rights groups have accused both Moroccan and Spanish security forces of responding with excessive force, leaving at least 23 migrants dead
  • Since the tragedy, Morocco has sentenced dozens of migrants to prison terms of up to two and a half years on charges including illegal entry and belonging to criminal gangs

Mahsa Amini death exposes rival faces of Tehran

For the past week since the 22-year-old's death, protesters have taken to the streets each evening in various parts of...
  • For the past week since the 22-year-old's death, protesters have taken to the streets each evening in various parts of the capital
  • According to images spread on social media, women demonstrators have even taken off their headscarves and burned them in protest

French TV to show ‘power map’ to avoid winter black outs

France's national broadcaster said Friday it would begin broadcasting a "power map" to  viewers, showing demand for electricity around the...
  • Under a deal signed with the main operator of the country's power grid, France Televisions will begin showing a real-time map called Ecowatt on its channels.
  • During periods of worryingly high demand -- which will be coloured in red -- viewers will be encouraged to reduce their power consumption or avoid drawing on the grid at peak hours

Lapid under fire over backing Palestinian statehood at UN

The premier reiterated his long-held position that a two-state solution to the decades-old Israeli-Palestinian conflict was in Israel's interest, a...
  • The proliferation of Jewish settlements throughout the occupied West Bank, widely considered illegal under international law, is a major hurdle to Palestinian statehood.
  • Palestinian president Mahmud Abbas, however, said real test of Lapid position is the "Israeli government sitting at the negotiating table to implement the two-state solution.

Israel no longer partner for peace, says Palestinian leader

Israel is impeding progress toward a two-state solution and can no longer be considered a reliable partner in the peace...
  • Repeating grievances, Abbas said the Jewish state has acted with "total impunity" against people in the Gaza Strip and the West Bank.
  • Palestinians' trust in the prospects for peace is "regressing."

Qatar no more listens to World Cup skeptics: Official

Qatar already has hosted major competitions including the 2021 Arab Cup, a dress rehearsal for this year's tournament, said organizing...
  • The tiny, gas-rich Gulf state is preparing for the biggest event in its history as it gets ready to welcome more than one million fans for the first winter World Cup in Nov, Dec.
  • Organizers also insist there will be enough accommodation for all fans in the country of 2.8 million.

61 dead in migrant shipwreck off Syria coast, says Lebanon

At least 61 migrants drowned when a boat they boarded in Lebanon sank off Syria's coast, a Lebanese minister said,...
  • Caretaker transport minister of Lebanon said over 100 people, mostly Lebanese and Syrians, were on board the small boat.
  • Syrian authorities had said around 150 passengers were on board.

Up to 10 million Australians hit by telcoms hack

Optus chief executive Kelly Bayer Rosmarin said a "sophisticated" actor was behind a cyberattack, which gained access to information about...
  • It is not yet clear whether the attack came from a state-based or criminal organization, but Bayer Rosmarin said no ransom demand had been made
  • The Australian Competition and Consumer Commission warned Australians that they could be at risk of identity theft

Putin, Saudi crown prince satisfied after prisoner exchange: Kremlin

Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman spoke by phone to express their satisfaction over a...
  • As part of the exchange, Ukraine received 215 of its troops, including fighters who led the defence of Mariupol's Azovstal steelworks
  • Ten prisoners of war from other countries, including the United States and Britain, were transferred to Saudi Arabia

Top Palestinian official meets US ambassador to Israel in Ramallah

Hussein al-Sheikh, vice-president of the Palestinian Liberation Organization (PLO), on Tuesday said he met the US ambassador to Israel, Mike...

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Iran supreme leader prays over bodies of slain Guards

Tehran, Iran--Iran's supreme leader Ayatollah Ali Khamenei mourned Thursday the seven Revolutionary Guards killed in a strike in Syria, which...

Israel acting against Iran and its proxies, says Netanyahu

Israel has declined to comment on the Damascus strike but analysts saw it as an escalation of Israel's campaign against...

Israel systematically destroying Gaza healthcare, says MSF

Doctors Without Borders (MSF) said deadly attacks on humanitarian staff showed either deliberate intent or reckless incompetence, and called for...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Bodies of killed Iranian soldiers reaches Tehran from Syria

Tehran, Iran - Iran has repatriated the bodies of seven Revolutionary Guard Corps members killed in a strike on the country's...
  • The Guards, including two generals, were killed in the air strike on Monday which levelled the Iranian embassy's consular annex.
  • "The bodies of the Iran embassy martyrs arrived at Mehrabad airport" in Tehran, the ISNA news agency reported overnight.

Israel revokes leave for all combat units amid Iran threat

Jerusalem - The Israeli army has suspended leave for its combat units, it said on Thursday, amid the Gaza war...
  • Israeli media reported that the military was also calling up more reservist soldiers "against the background of the visible threats from Iran".
  • The Israeli military also said that, after a "situational assessment, it was decided to increase manpower and draft reserve soldiers to the IDF Aerial Defense Array".

Sweden Quran burner arrested in Norway, faces deportation

OSLO, NORWAY – An Iraqi refugee in Sweden who stoked international outrage by repeatedly desecrating the Quran last year has been...
  • According to a ruling by the Oslo District Court, Salwan Momika,was arrested on March 28 -- a day after he arrived.
  • In the court's ruling it said "a deportation will take place as soon as the formal and practical arrangements are in place."