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

Over 2,000 Tunisian minors reach Italy in 2022: rights group

The Tunisian Forum for Economic and Social Rights (FTDES) said the minors were among a total of 10,139 Tunisian migrants...
  • Deprivation driven by a deep socioeconomic crisis make the dangers of the sea a secondary factor for those migrants who dream of a better life for themselves
  • More than 650 would-be migrants, including hundreds of Tunisians, were intercepted in just one weekend earlier this month, according to the interior ministry

Art lovers flock to Iran museum displaying Western artists’ works

The Tehran Museum of Contemporary Art was inaugurated in 1977 during the reign of Shah Mohammad Reza Pahlavi, who was...
  • The museum's collection is reputed to be the greatest line-up of modern masterpieces outside Europe and the United States
  • The current show, which runs until mid-September, includes a collage by Italian artist Michelangelo Pistoletto titled "Green Curtains"

Ancient vessels smashed in Beirut blast to go on display in UK

The vessels, from the Roman, Byzantine and Islamic periods, were reconstructed at the world-famous museum's conservation laboratories, and will be...
  • The case fell over when the shockwave of the port blast, which occurred three kilometers away, hit the building, smashing the glass objects inside
  • The collaborative project between the British Museum and the AUB's Archaeological Museum began in 2021, following an offer of help from the London institution

Lebanon to probe audio recording threatening Saudi embassy

Lebanon will start an investigation into an audio recording that threatened to attack the embassy of Saudi Arabia in Beirut....
  • Beirut's relationship with Riyadh, a major investor once in Lebanon, has suffered in past years as Hezbollah's influence has grown
  • The latest incident comes months after Riyadh announced the return of its ambassador to Beirut, following a diplomatic crisis last year between Lebanon and Gulf Arab states

Israel appeals West to halt talks seeking revival of Iran nuclear deal

Israeli Prime Minister Yair Lapid on Wednesday urged Western powers to halt talks aimed at reviving a nuclear deal that...
  • The 2015 nuclear deal, designed to prevent Iran from developing a nuclear weapon, has been on life-support since the unilateral withdrawal of US in 2018.
  • Despite apparent shift in Iran's position, Israel remains staunchly opposed to a deal which would see the lifting on economic sanctions imposed on Iran.

IAEA, Moscow discuss Russia-controlled Ukraine nuclear plant visit

Head of the UN agency Rafael Grossi and Rosatom chief Alexei Likhachev met in Istanbul on Wednesday, the Russian nuclear...
  • Recent shelling and fighting around the giant facility -- the largest in Europe -- has raised concerns of a nuclear incident comparable to Chernobyl.
  • Last week, presidents Vladimir Putin and Emmanuel Macron called for a rapid independent inspection at the atomic plant that was seized by Russia.

US treasury warns of sanctions against Turkey for trading with Russia

Washington is growing increasingly alarmed that the Russian government and businesses are using Turkey to evade Western financial and trading...
  • Turkish President Erdogan and Russian counterpart Vladimir Putin agreed to step up economic cooperation at the Sochi summit.
  • The economic cooperation agreement includes a deal for more Turkish banks to start processing Russia's Mir payments system.

French energy giant TotalEnergies accused of fuelling Russian bombers

French daily Le Monde said it was able to track the supply chain from the Termokarstovoye gas field in Siberia,...
  • TotalEnergies -- formerly Total -- owns 49 percent of Terneftegaz, the company that extracts gas from the Termokarstovoye field, according to its 2021 annual report.
  • Beginning days before the war started in late February and through July, 42,700 tonnes of fuel were sent to the airbases at Morozovsk and Malshevo.

US President orders air strikes against ‘Iran-backed militias’ in Syria

The air strikes ordered by US President Joe Biden hit nine bunkers in a complex, in eastern Syria, used for...
  • The US military had originally intended to hit 11 of 13 bunkers in the complex but called off strikes on two after groups of people were seen near them
  • The Britain-based Syrian Observatory for Human Rights on Wednesday said the strikes killed six fighters that were guarding the targeted facilities

Macron warns ‘sacrifices’ ahead after ‘end of abundance’

After a summer marked by drought, massive wildfires and continuing loss of life in Ukraine, the 44-year-old leader delivered a...
  • The speech appeared designed to prepare the country for what promises to be a difficult winter ahead, with energy prices rising sharply and many families struggling with inflation
  • The severe drought over the summer, leading to water restrictions across most of the country, has also caused many French people to express fears about the climate change

Air India probe of Boeing 787 fuel control switches finds no issues

Mumbai, India - Air India's inspection of the locking feature on the fuel control switches of its existing Boeing 787...

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California looks to Europe to rein in deployment of AI

The richest state in the United States by GDP, California is a hotbed of no-holds-barred tech innovation, but lawmakers in...

UN Palestinian agency chief says funding secured until end of May

Gaza has endured almost six months of war and a siege that has cut off most food, water, fuel and...

Israeli hostage held by Hamas in Gaza dead, say families

Jerusalem--One of the Israeli hostages kidnapped during the October 7 Hamas attack has been killed and his body is being...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

BYD posts record 2023 profit

The Shenzhen-based firm is now moving quickly overseas.
  • BYD overtook Elon Musk's Tesla in the fourth quarter of 2023 to become the world's top seller of EVs.
  • The figure is in line with a forecast issued by the firm in late January of 29-31 billion yuan ($4bn - $4.3bn)

Qatar says negotiations ‘ongoing’ for Gaza truce

Doha, Qatar - Mediator Qatar said on Tuesday that talks between Hamas and Israel on a Gaza truce and hostage release...
  • Qatar, with the United States and Egypt, has been engaged in weeks of behind-the-scenes talks in a bid to secure a truce in Gaza
  • Since the UN adopted a resolution on Monday demanding an "immediate ceasefire", Hamas and Israel have traded blame for their failure to agree a deal.

US defense chief tells Israeli counterpart that Gaza toll is ‘too high’

US Defense Secretary Lloyd Austin told his Israeli counterpart Yoav Gallant that civilian casualties in Gaza are "too high". A...
  • A senior Pentagon official said that US Defense Secretary had discussed his hopes that negotiations would "soon produce the release of all hostages."
  • The United States has backed Israel with both military and diplomatic support.