INSEAD Day 4 - 728x90

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Agthia profit, dividend jump

Transformation lifts earnings, cash generation.

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

Iran says replaced air defence systems damaged during 12-day war with Israel

Iran's air defence network includes systems like the domestically built Bavar-373 and Khordad-15, designed to counter missiles and aircraft, in...
  • Israel launched an unprecedented surprise bombing campaign against Iran in mid-June, prompting Tehran to respond with drone and missile attacks
  • Israel's strikes dealt a significant blow to the Islamic republic's air defences, which were repeatedly activated in the capital Tehran and across the country throughout the war

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...
  • Protesters gathered in the city center, brandishing Palestinian flags and placards calling for the free flow of aid to the war-ravaged Palestinian territory.
  • "It's a disgrace, Gaza is under fire", "Lift the blockade", "Morocco, Palestine, one people" and "no to normalization", chanted the demonstrators.

European powers plan fresh nuclear talks with Iran

Berlin, Germany -- Britain, France and Germany are planning to hold fresh talks with Iran on its nuclear programme in...
  • Britain, France and Germany "are in contact with Iran to schedule further talks for the coming week".
  • Iran's Tasnim news agency also reported that Tehran had agreed to hold talks with the three European countries, citing an unnamed source.

Syrian govt says fighting in Sweida halted after tribal forces pull out

Druze fighters had pushed out rival armed factions from the city on Saturday, a monitor said, after the government ordered...
  • Sweida was "evacuated of all tribal fighters, and clashes within the city's neighborhoods were halted", Syria's interior ministry spokesman Noureddine al-Baba said.
  • More than 900 people have been killed in Sweida since last Sunday as sectarian clashes between the Druze and Bedouin drew in the Islamist-led government, Israel and armed tribes..

Thai wildlife hospital treats Sunbears, elephants

Edwin Wiek founded Wildlife Friends Foundation Thailand (WFFT) facility in 2001 with two macaques and a gibbon. It now spans...
  • The light-filled hospital only opened this month, replacing a previous "tiny" clinic, said WFFT founder Edwin Wiek.
  • Wiek once had tendentious relations with Thai authorities, even facing legal action, but more recently has become a government advisor.

Restoring sea floor after mining may not be possible, researchers warn

Kingston, Jamaica -- Scientists present at the latest effort to hash out international rules for deep-sea mining say it's unclear...
  • The sea floor is a coveted frontier for companies and countries eager to access minerals that are in high demand for emerging technologies such as electric cars.
  • Particularly coveted are potato-sized nodules containing cobalt, nickel, copper and manganese, that are found in abundance on the seabed in the central Pacific Ocean.

Ceasefire order fails to halt fighting in Syria’s Druze heartland

Sweida, Syria - Syrian Bedouin and their allies fought Druze fighters in the community's Sweida heartland for a seventh day...
  • AFP correspondents reported clashes in the west of the provincial capital as Druze fighters battled armed Bedouin supported by tribal gunmen from other parts of Syria
  • The interior ministry announced that internal security forces had begun deploying in Sweida province and AFP correspondents saw them manning checkpoints

Israeli fire kills 39 and wounds more than 100 Gazans near two aid centers

UN has said it had recorded 875 people killed in Gaza while trying to get food, including 674 in the...
  • The World Food Programme said nearly one in three people in Gaza were not eating for days at a stretch and "thousands" were "on the verge of catastrophic hunger".
  • Civil defense agency spokesman Mahmud Bassal said the deaths happened near a site southwest of Khan Yunis and another center northwest of Rafah

Turkey parliament passes contentious mining legislation

Turkey's parliament on Saturday passed a controversial bill that opens certain agricultural lands including olive groves to mining activities, local...
  • The bill, part of a broader package proposed by President Recep Tayyip Erdogan's ruling AKP party, sparked protests from opposition parties and environmental groups
  • Farmers from across Turkey have gathered outside parliament over the past two weeks, urging the government to withdraw the draft, with some starting a hunger strike this week

Trump sues Murdoch, newspaper over Epstein sex bombshell

Washington, United States - US President Donald Trump sued media magnate Rupert Murdoch and The Wall Street Journal for at...
  • The defamation lawsuit, filed in federal court in Miami, saw the 79-year-old Republican hitting back at a scandal threatening to cause serious political damage
  • The Journal reported Thursday that in 2003, the then-real estate magnate wrote a birthday letter to Epstein, illustrated with a naked woman and alluding to a shared "secret."

Zelensky to meet Trump in Florida on Sunday for talks on how to end the Russian invasion

Ukrainian President Volodymyr Zelensky is to meet US President Donald Trump in Florida on Sunday for talks on how to...

Latest News

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Trade truce in balance as Trump meets ‘tough negotiator’ Xi: ‘We’ll have a great understanding’

The world's two top economies' trade tussle -- encompassing everything from rare earths to soybeans and port fees -- has rocked...

Israel hits dozens of targets as Gaza sees deadliest night since truce

Gaza's civil defense agency said more than 100 people were killed, including many children, but both US President Donald Trump...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Syria attracted $28 bn in investment since Assad’s fall: president

Syria has begun the mammoth task of trying to rebuild its shattered economy, after over a decade of war saw...
  • Earlier this month, the World Bank put a "conservative best estimate" of the cost of rebuilding Syria at $216 billion.
  • In May, Syria signed a $7 billion energy deal with a consortium of Qatari, Turkish and US companies as it seeks to revive its crippled power sector.

Microsoft holds 27% of OpenAI in revamped partnership

San Francisco, United States - Microsoft and OpenAI announced Tuesday a sweeping overhaul of their landmark artificial intelligence (AI) partnership,...
  • OpenAI has also committed to purchasing $250 billion in Azure cloud services from the tech giant, though Microsoft no longer holds first refusal rights as OpenAI's compute provider
  • The partnership began in 2019 when Microsoft invested $1 billion in what was then a small AI research organization founded in 2015 by tech luminaries including Elon Musk

Pakistan says peace talks with Afghanistan ‘failed’

Islamabad, Pakistan - Pakistan said Wednesday that negotiations for a lasting truce with Afghanistan had "failed to bring about a...
  • Pakistan and Afghanistan have been holding negotiations in Istanbul aimed at securing peace after the South Asian neighbours' deadliest border clashes in years
  • The violence, which killed more than 70 people and wounded hundreds, erupted following explosions in Kabul on October 9 that the Taliban authorities blamed on Pakistan