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 grand museum delay puts tourism hopes on hold

Cairo, Egypt - In the shadow of the Grand Egyptian Museum, souvenir shop owner Mona has been readying for the...

Russia launches Iranian satellite amid Ukraine war concerns

An Iranian satellite launched by Russia blasted off from Kazakhstan early Tuesday and went into orbit amid controversy that Moscow...
  • Iran has sought to deflect suspicions that Moscow could use Khayyam to spy on Ukraine
  • Iranian Space Agency said that the Islamic republic would control the Khayyam satellite "from day one".

Afghanistan: one year since the Taliban takeover

Last year, this week, the Taliban launched a final offensive to win back control of the country they ran between...
  • Last year, this week, the Taliban launched a final offensive to win back control of the country they ran between 1996 and 2001
  • Taliban is now in the firm grip of the country, and has once again imposed its austere interpretation of Islam

Turkey to hold talks with US for sale of jet fighters

A Turkish delegation will visit Washington next week to follow up on US President Joe Biden's pledge to deliver F16...
  • Turkey was kicked out of the F35 Joint Strike Fighter program over its acquisition of an advanced Russian missile defense system in 2019
  • A few US senators have said they will only approve the sale if Turkey ends its territorial dispute with historic rival Greece

Fate of nuclear plant remains uncertain as Ukraine war rages on

The Russian-held Zaporizhzhia power plant in Ukraine, which is at the center of international concern amid mutual accusations of shelling...
  • The power plant located close to the Crimean peninsula which was annexed by Moscow in 2014 was captured by Russian forces on March 4, 2022
  • Ukraine says there are around 500 Russian troops at the plant and has called for the establishment of a demilitarized zone

Google outage reported by tens of thousands of users

More than 40,000 users, including in New York City and Denver, Colorado, reported disruptions when trying to use Google's services,...
  • On Twitter, some users posted screenshots of the 500 error message they received while trying to use Google
  • Downdetector tweeted that user reports indicate Google Maps is having problems since 0136 GMT

Kurdish Iraqi farmer sprouts online advice, green awareness

The mustachioed 50-year-old with almost half a million Facebook followers posts weekly videos on topics such as protecting fruit trees,...
  • The mustachioed 50-year-old with half a million Facebook followers posts weekly videos on topics such as protecting fruit trees and helping people get more from their farms
  • With Iraq already witnessing record low rainfall and high temperatures in recent years, Muhamad warned that if the government doesn't act now, the damage will be done

Former Iraq PM calls for resumption of legislative sessions

Nuri al-Maliki said, "Neither the dissolution of parliament nor the change of the regime nor early elections will be possible...
  • Sadr's supporters have continued a sit-in protest in the gardens around the parliament, inside Baghdad's normally secure Green Zone
  • On Thursday Shiite Coordination Framework had said they were conditionally open to Sadr's call for new elections, signaling a potential de-escalation

UN Security Council expresses concern over Gaza fighting

Diplomats at the UN Security Council have expressed concern at the situation in Gaza despite the tenuous truce between Islamic...
  • Egypt brokered the ceasefire ending the intense fighting that killed 44 people, including 15 children
  • Palestinian ambassador Riyad Mansour denounced Israel's "unjustified aggression against Gaza

Gaza crossing opens as truce holds between Israel, Islamic Jihad

Gaza's health ministry said 15 children were among 44 people killed in three days of intense fighting. Despite a flurry...
  • In addition to those killed, Gazan health officials said 360 people had been wounded in the Palestinian enclave, which is run by Hamas.
  • "We have a lot of martyrs and wounded, and devastation and destruction, but Gaza is tending to its wounds," said Gaza resident Mohammed Alai.

30 inmates escape Lebanon’s notorious detention center using saw

More than 30 people fled a Lebanon detention center at dawn on Sunday, security forces said, after sawing their way...
  • The Adlieh detention center was formerly controlled by Lebanon's General Security agency but is now managed by the country's prison authority.
  • It was notorious for abuses committed against detained Syrian refugees and foreign migrant domestic workers, according to rights groups, including Human Rights Watch.

Divided EU leaves action against Israel on Gaza ‘on table,’ if humanitarian situation does not improve

The measures range from suspending the entire accord or curbing trade ties to sanctioning Israeli ministers, imposing an arms embargo...

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US military says struck 3 Houthi underground storage sites in Yemen

The Houthis began attacking ships in the Gulf of Aden and the Red Sea in November, a campaign they say...

UN Security Council vote on new Gaza ceasefire text postponed to Monday

Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and...

Nasdaq edges to record

The Dow Jones Industrial Average dropped 0.8 percent.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Death toll climbs to ‘more than 60’ in Moscow concert attack: Agencies

Meanwhile, the fire at a Moscow concert hall has been "mostly eliminated", the Russian capital's governor said on Saturday. "There...
  • President Vladimir Putin wished a speedy recovery to the wounded victims of the deadly attack, Russia's deputy prime minister said on Saturday after meeting with him
  • The United States warned Russian authorities earlier in March about a terrorist attack possibly targeting "large gatherings" in Moscow, the White House said Friday

UN official urges $4bn humanitarian aid for cash-strapped Syria

Beirut, Lebanon - A UN official on Friday appealed for about $4 billion in humanitarian assistance for Syria, warning funding was...
  • "In 2024, we are appealing for $4.07 billion to provide lifesaving aid to 10.8 million Syrians, out of 16.7 million people assessed to be in need of assistance," he said
  • Abdelmoula also noted "Syria's vulnerability to climate shocks", exacerbated by conflict, warning of water scarcity and "heatwaves impacting agriculture and livestock"

Iraqi PM to visit Washington for troop talks

Washington, US – President Joe Biden will welcome Iraq's prime minister on April 15 for talks on the US troop presence,...
  • The visit will mark the first trip to Washington by Prime Minister Mohamed Shia al-Sudani, who took office in October 2022.
  • Sudani in the past has called for an exit of US forces, redeployed nearly 10 years ago as part of a campaign to defeat the Islamic State