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

Rebel parade in sensitive Yemen port city draws UN rebuke

The rebels' Al-Masirah television channel aired footage of the parade it said involved air and naval forces as well as...
  • Hodeida, which has been in rebel hands since 2014, provides a lifeline for millions of civilians in rebel-held areas
  • The 2018 deal has been bolstered by a nationwide ceasefire which took effect in April and has led to a sharp reduction in bloodshed

Macron, European Union hopeful of Iran nuclear deal within days

In a speech to French ambassadors, France's president Emmanuel Macron said he hoped the deal could be concluded within next...
  • In Washington, National Security Council spokesman John Kirby said the United States was also "cautiously optimistic," but declined to put a timeframe.
  • Iran responded to the EU proposal with proposed changes to which the United States replied in turn without divulging the details.

Rise and fall of luxury-loving former Malaysia first lady

Rosmah Mansor, who was sentenced to 10 years in prison and given a US$216 million fine for graft, has been...
  • Born on December 10, 1951, Rosmah was the only child of a Malay school headmaster and his teacher wife in southern Negeri Sembilan state.
  • Rosmah has reportedly accumulated an enormous collection of luxury handbags, and is said to shop at Harrods in London, Chanel in Hawaii, Saks Fifth Avenue in New York.

S Korean Netflix hit ‘Extraordinary Attorney Woo’ sparks autism debate

The endearing "Extraordinary Attorney Woo", featuring a neurodivergent attorney, has been Netflix's most-watched non-English show for over a month, following...
  • The 16-episode series follows a rookie lawyer whose condition helps her find brilliant solutions to legal conundrums but often leaves her socially isolated
  • In South Korea, some families of autistic people have described the show as pure "fantasy", saying her character is unrealistic

Jafza records 19% trade growth

The company overcomes the global economic headwinds.
  • Complementing this growth was an 18.6 percent increase in the number of new companies registered in the free zone
  • More than 25 percent of the new companies registered in the free zone belonged to the retail and general trading segment

End of the road for New York’s horse-drawn carriages?

Opponents say the horses live in cramped conditions, are often malnourished and dehydrated, get spooked by cars en route to...
  • Opponents say the horses live in cramped conditions, are often malnourished and dehydrated, get spooked by cars en route to the park
  • On Instagram, supermodel Bella Hadid urged lawmakers to pass Holden's legislation, calling the tourist rides "barbaric."

Small plane crashes near UAE Grand Mosque, pilot hurt

The Cessna single-engine plane was approaching an exclusive airport for private jets in the UAE capital's center when it came...
  • The General Civil Aviation Authority said the pilot was injured and was taken to a hospital for treatment
  • Abu Dhabi was on high alert in January after a series of missile and drone attacks by rebels in Yemen

Oil tanker briefly shuts down Egypt’s Suez Canal

According to website Vessel Finder, the 250-meter-long, Singaporean-flagged tanker is headed for the Saudi port of Yanbu.
  • A security source told media the Affinity V "ran aground in the Suez Canal at 19:15" (17:15 GMT)", adding that maritime traffic had been restored after "a short period of time"
  • Last year, super tanker Ever Given became wedged diagonally across the canal during a sandstorm, disrupting world trade for nearly a week

Trump social network unwelcome in Google store over moderation issues

The internet giant made the statement after the Trump camp argued that it didn't know why its social network app...
  • The app breaks rules barring content that incites physical threats and violence, according to the tech firm
  • Truth Social would still be able to make its app available on its website or other online venues that don't involve Google's online shop

Qatar to build world’s biggest blue ammonia plant

Energy Minister Saad al-Kaabi said the plant would cost $1.2 billion and start production in early 2026. State-owned Qatar Energy,...
  • The foul-smelling chemical is being touted by gas-producing nations such as Qatar as an alternative to hydrogen
  • Japan is already looking into using ammonia to power former coal fired electricity generators

New clashes rock Syria’s Druze heartland as tribal fighters reinforce Bedouin

Armed tribes supported by Syria's Islamist-led government clashed with Druze fighters in the community's Sweida heartland on Friday, a day...

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Israeli strikes kill dozens in Syria and Lebanon, rile Russia and Iran

In Syria, "Israeli strikes" targeted a Hizbollah "rockets depot" in Aleppo province, killing 36 Syrian soldiers, seven Hezbollah members and...

Turkey’s Erdogan seeks to wrest back Istanbul in mayoral election

Istanbul, Turkey--Recapturing Istanbul, the "jewel" of Turkey, in Sunday's local elections has become President Recep Tayyip Erdogan's obsession ever since losing...

Japan to restart funding to UN Palestinian refugee agency

Tokyo, Japan--Japan is preparing to resume funding to the UN's crisis-hit Palestinian refugee agency (UNRWA), which coordinates nearly all aid...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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ICJ orders Israel to ensure humanitarian aid in Gaza

The International Court of Justice said in its order that Israel should "take all necessary and effective measures to ensure,...
  • The court said that Palestinians in Gaza are no longer facing only a risk of famine, but... famine is setting in
  • At the ICJ, South Africa has charged that Israel is perpetrating a genocide in Gaza

Embracer sells Borderlands

The sale is expected to be completed by June-end .
  • The sale would reduce the company's net debt by around $300-327 million, the group said in a statement
  • Gearbox will join a Take-Two line-up that includes the likes of "Grand Theft Auto" maker Rockstar Games and 2K

White House rolls out ‘concrete safeguard’ policies for federal AI

Washington, US - "Concrete safeguards" for government use of artificial intelligence were announced by the White House on Thursday, as it...
  • VP Kamala Harris said the AI tools to be used by government agencies would be verified to make sure they do not endanger the rights and safety of Americans.
  • She gave the example of a Veterans Administration hospital that uses AI for medical diagnostics, saying it would need to first demonstrate results are not biased.