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

Lebanese man who took bank staff hostage let off

Bassam al-Sheikh Hussein held bank staff hostage in Beirut last week to demand access to his trapped savings. After a...
  • A judicial official said that Hussein has since been released but still faces possible charges by the state
  • The state media reported that he took the drastic action to access his savings so he could pay for surgery for his father

UN ship with grain for Africa leaves Ukraine: ministry

The MV Brave Commander left the Black Sea port of Pivdennyi and will sail to Djibouti "for delivery to Ethiopia",...
  • Kyiv and Moscow agreed a deal brokered by the UN and Turkey last month to unblock Black Sea grain deliveries after Russia's invasion
  • The agreement lifted a Russian blockade of Ukraine's ports and established safe corridors through the naval mines laid by Kyiv

UN chief to hold talks with Ukraine, Turkey leaders in Lviv

UN spokesman Stephane Dujarric said that Antonio Guterres will discuss ‘the need for a political solution to this conflict’ in...
  • UN spokesman said he had "no doubt that the issue of the nuclear power plant" would be raised at Thursday's meeting in Lviv
  • Ukraine said Russia had launched an offensive from an oil refinery in the recently captured city of Lysychansk in Lugansk province

Musk says tweet about buying Manchester United was a joke

The world's richest man has a habit of posting provocative statements on Twitter for fun and Musk was at it...
  • Musk, who recently sold nearly $7 billion worth of Tesla shares, is in a major legal battle in the US state of Delaware over his aborted plan to buy Twitter
  • Manchester United, one of the biggest clubs in world football but suffering a prolonged slump, are owned by the Glazer family

China heat wave pushes up prices as hens lay fewer eggs

Extreme weather has become more frequent owing to climate change, scientists say, and this will likely grow more intense as...
  • In Hefei city, farmers reported a drop in egg production because of the heat, according to a Jianghuai Morning News report
  • Hefei has so far logged 14 days of temperatures above 38 degrees Celsius, Hefei Evening News said, noting that this was a record

Tunisians firmly backed new constitution: final results

Voters overwhelmingly approved the new constitution, the electoral board said, officially announcing definitive results from the July 25 poll. The...
  • The referendum came a year to the day after Saied sacked the elected government
  • Opposition politicians have warned of a return to dictatorship under the new constitution

Turkey air strikes on Syrian border posts leave 17 dead

Tension spiked between Turkey and Syria after the former launched air strikes on Syrian border posts, killing 17 fighters. It...
  • Turkey has carried out a series of cross-border offensives targeting Kurdish forces and the Islamic State group since 2016
  • According to a military source quoted by the official SANA news agency three Syrian soldiers were among the dead and six were wounded in the Turkish raids

US acts to make hearing aids affordable

In October, the cost of hearing aids will be down by an estimated $2,800 per pair as there would be...
  • At $5000 a pair, safe and effective and high quality hearing aids have been unaffordable for many Americans.
  • Children, as well as people with severe hearing loss, would still need a prescription.

Walmart Q2 revenue $152.9bn

The retail giant sales surged, partly due to inflation.
  • Revenues for its second fiscal quarter ending July 31 were $152.9 billion, up 8.4 percent from the year-ago period
  • Profits rose 20.4 percent to $5.1 billion, with some of the increase connected to the accounting for an asset sale in Brazil

Spain PM hopes Europe gas pipeline will soon be ready

Spanish Prime Minister Pedro Sanchez said Tuesday he hopes a gas pipeline linking the Iberian Peninsula to central Europe through...
  • Russia has reduced deliveries and nations are scrambling for supplies to avoid a possible shortage this winter, while prices for gas and electricity have soared
  • Spain currently has six liquefied natural gas (LNG) terminals for processing deliveries made by huge sea tankers back into gas and injecting them into its pipeline network

AI-powered ‘nudify’ apps fuel deadly wave of digital blackmail

Washington, United States - After a Kentucky teenager died by suicide this year, his parents discovered he had received threatening...

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Macron warns Israel over any Rafah forced population transfer

In a telephone call between the two leaders, Macron also "strongly condemned" Israel's announcement Friday of the seizure of 800...

Christians of Gaza pray for peace in times of war and destruction

Christian families from Gaza have found refuge inside the church with the memory of two women killed in December by...

China supports new UNSC draft resolution on Gaza ceasefire

Last Friday, the Security Council voted on a draft submitted by the United States that called for an "immediate" ceasefire...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

World’s only Dragon Ball theme park launched in Saudi Arabia’s Qiddiya City

RIYADH, SAUDI ARABIA – The Board of Directors of the Qiddiya Investment Company (QIC) revealed on Sunday the launch of...
  • Nestled within Qiddiya City, just 40 minutes from Riyadh, this never-seen-before anime theme park is set to become a spectacle.
  • Inspired by the seven legendary Dragon Balls, visitors can navigate seven distinctively themed zones within the park.

Red Crescent says Israel army besieges two more Gaza hospitals

PALESTINIAN TERRITORIES – The Palestinian Red Crescent said on Sunday that Israeli forces were besieging two hospitals in southern Gaza,...
  • Israel has mounted several raids at and near hospitals in Gaza since the war began last October.
  • The medical organization said a volunteer worker at the hospital was killed by Israeli gunfire early on Sunday.

Paris crowns champion waiters in one-of-a-kind ‘cafe race’

Paris, France -- Visitors to central Paris were treated Sunday to the sight of hundreds of aproned waiters surging through the...
  • First born in 1914, the "course des garcons de cafe" was held on March 24 for the first time since 2011 -- four months before the city hosts the Olympics in July-August.
  • The 200 contestants started and finished the race at city hall by the Seine river, set on their way by mayor Anne Hidalgo.