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

Egypt, Greece, Saudi in talks to jointly host 2030 World Cup

Egypt, Greece and Saudi Arabia are in talks to jointly host the 2030 World Cup football tournament, an Egyptian official...
  • "The three countries are working flat out" and "the application to organise (the 2030 World Cup) is being studied", said Egyptian sports ministry spokesman Mohammed Fawzi.
  • A source at Greece's Hellenic Football Federation confirmed to AFP in Athens that the three countries were holding discussions about a joint bid to host the 2030 World Cup.

Putin wants talks with Erdogan over Ukraine grain

The Kremlin said that President Vladimir Putin will discuss with Turkish President Recep Tayyip Erdogan a deal allowing grain exports...
  • The agreement between Russia and Ukraine, brokered by Turkey and the United Nations, designated three ports to send grains through a Russian blockade.
  • Putin claimed most consignments were arriving in Europe, not poor countries where grain was needed most.

Lebanon-Israel maritime border deal needs more work: US envoy

US mediator Amos Hochstein on Friday noted progress in indirect talks between Lebanon and Israel over a maritime border dispute...
  • The dispute escalated in June after Israel moved a production vessel near the Karish offshore field, which is partly claimed by Lebanon.
  • Energean, the London-listed company licensed by Israel to extract gas from Karish, said on Thursday that gas would begin flowing within weeks, despite the disagreement.

Blinken says Iran moved ‘backwards’ in nuclear deal talks

Iran's latest reply on a nuclear deal is a step "backwards," US Secretary of State Antony Blinken said Friday, insisting...
  • European mediators last month appeared to make progress in restoring the 2015 accord as Iran largely agreed to a proposed final text.
  • President Joe Biden supports restoring the agreement, under which Iran will enjoy sanctions relief and again be able to sell its oil worldwide.

Stocks and oil prices rally, as dollar drops

Stock markets and oil prices rallied Friday, with investors largely pricing in more interest rate hikes aimed at taming runaway...
  • The more confident mood across equity and oil markets was reflected in a cooler dollar.
  • The greenback's softness came after Federal Reserve chief reasserted the US central bank's determination to keep hiking interest rates to fight prices

Germany’s third-largest gas importer seeks government aid

German gas company VNG on Friday became the latest European energy firm to seek government aid as reduced Russian pipeline...
  • Russia has slowly dwindled supplies of gas to Europe in the wake of the invasion of Ukraine, sending prices for the fuel soaring.
  • Uniper, Germany's biggest importer of Russian gas, asked for government support earlier this year under the pressure of rising gas prices.

EU ministers seek ways to face energy shock

Moscow's invasion has seen the price of natural gas hit record levels, throwing the EU economy into deep uncertainty with...
  • The European Commission, the EU's executive, will ask the ministers meeting in Brussels to consider a series of highly complex proposals designed to ease the burden
  • The main drive will be to find ways to compensate households and businesses that are struggling to pay their bills and keep activity going

Brutal Marilyn Monroe biopic shocks Venice

Based on the semi-fictional book by Joyce Carol Oates, the film is a non-stop swirl of artistic flourishes that pulls...
  • Based on the semi-fictional book by Joyce Carol Oates, the film depicts maternal violence, rape, and an interaction with president Kennedy
  • Armas told reporters in Venice that she could feel the presence of Marilyn during the filming, which included shooting in the real homes where Monroe was raised

Charles: the outspoken and understated new king

the late monarch's eldest son, 73, made the most of his record-breaking time as the longest-serving heir to the throne...
  • the late monarch's eldest son, 73, made the most of his record-breaking time as the longest-serving heir to the throne by forging his own path
  • In 2022, the queen settled the thorny issue of what Camilla would become when Charles is king, giving her blessing for her to be called "queen consort"

Queen Elizabeth II: trouble, strife and family life

Eight times a grandmother, and with 12 great-grandchildren, the queen loved family dinners.
  • Eight times a grandmother, and with 12 great-grandchildren, the queen loved family dinners
  • Family life provided the biggest shocks during her record-breaking reign

Thousands in Morocco call for end to Gaza war, normalization deal with Israel

Rabat, Morocco -- Tens of thousands of Moroccans demonstrated Sunday in the capital Rabat against the dire humanitarian situation in...

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Israeli army withdraws from Al-Shifa, Gaza health ministry

The Hamas government media office said the Israeli air strikes had provided cover for the withdrawing vehicles. The army launched...

Emiratis battle to preserve dying art of embroidery

The art of hand-weaving braided shiny ribbons to adorn traditional clothing and bags is called Al Talli, and is on...

Israel’s prime minister undergoes ‘successful’ surgery

The prime minister's office said in a statement that Benjamin Netanyahu was in "good shape and beginning to recover after...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Hamas undecided on sending delegation to new truce talks: Official

The official said the gap between the two sides' negotiating positions was too wide. "I doubt that there will be...
  • "Netanyahu is not serious and not interested, and the US administration is not exerting real pressure as long as it judges that things are still under control," he added.
  • Mediators had hoped to secure a ceasefire before the start of Ramadan, but progress stalled and the holy month is more than half over.

Thousands gather for pro-Palestinian rally in London

LONDON, UK – Thousands of pro-Palestinian protesters rallied in London on Saturday, in the latest demonstration in the British capital demanding...
  • London has seen numerous large-scale pro-Palestinian protests since Israel mounted its military response to Hamas's unprecedented attack.
  • A smaller number of demonstrators also turned out for a counter-protest in support of Israel, with lines of police separating the two gatherings.

Romania center explores world’s most powerful laser

The high-tech building housing the center cost $350 million, mainly financed by the EU. Thales bills it as the largest...
  • The laser at the center, near the Romanian capital Bucharest, is operated by French company Thales, using Nobel prize-winning inventions.
  • Countries including France, China and the United States are already advancing their own projects to manufacture even more powerful lasers.