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

Tokyo equities post gains on US rally with eyes on BoJ

Tokyo stocks opened higher on Wednesday as investors took heart from US rallies and other positive factors while awaiting a...
  • The benchmark Nikkei 225 index was up 1.27 percent, or 341.12 points, at 27,302.80 in early trade, while the broader Topix index advanced 1.29 percent
  • The dollar fetched 138.16 yen in early Asian trade, against 138.21 yen in New York late Tuesday

Morocco, Israel strengthen military links as army chief visits kingdom

Israeli army chief Aviv Kohavi, who arrived Monday, met with the Inspector General of the Royal Armed Forces Belkhir El...
  • Israeli army chief Aviv Kohavi, who arrived Monday, met with the Inspector General of the Royal Armed Forces Belkhir El Farouk, an Israeli army statement said
  • He also met with Morocco's minister delegate in charge of defence administration, Abdellatif Loudiyi, and intelligence chief Brahim Hassani, it added

Putin says West must remove restrictions on Russian grain exports

Russian President Vladimir Putin on Tuesday said that the West must remove restrictions on exports of Russian grain. "We will...
  • Russia's military intervention in Ukraine has hampered shipments from one of the world's biggest exporters of wheat and other grain, sparking fears of global food shortages
  • Cereal prices in Africa, the world's poorest continent, have surged because of the slump in exports from Ukraine, sharpening the impact of conflict and climate change

Boeing wins $8 bn contract

The US planemaker will manufacture 66 MAX aircraft.
  • The deal comprises a firm order for 30 medium-haul single-aisle 737 MAX-8-200s plus options to purchase up to 36 more from the same family.
  • The MAX jet suffered two deadly crashes in 2018 and 2019, but is experiencing a rush of interest at this year's Farnborough, southwest of London.

‘Hydrocarbon trade must finance transition to clean energy’

A study in the journal Nature Climate Change found that within this century, parts of the Gulf region could be...
  • The international community largely agrees that climate change poses an existential threat to the planet.
  • Meteorologists are predicting more frequent and intense episodes of extreme weather in coming years.

Opposition leader in Tunisia faces probe over terror charges

The leader of Tunisia's opposition party Ennahdha arrived Tuesday for questioning by an investigating judge at an anti-terror center, just...
  • The leader of Tunisia's opposition party Ennahdha is facing an anti-terror probe
  • The questioning comes days before a hotly contested constitutional referendum

Tunisia coastguard says rescued 455 migrants in one night

National guard units in the north, center, east and south thwarted 37 attempts to cross, Tunisia's maritime borders, the National...
  • National guard units in the north, center, east and south thwarted 37 attempts to cross, Tunisia's maritime borders, the National Guard said in a statement
  • Tunisia is a key departure point for migrants hoping to reach Europe usually Italy and sea crossing attempts tend to increase during spring and summer

Iran hosts Putin, Erdogan for talks overshadowed by Ukraine war

Iran's president will host his Russian and Turkish counterparts on Tuesday for talks on the Syrian war in a three-way...
  • The summit came days after US President Joe Biden visited the Middle East for the first time since taking office, with stops in Iran's regional foes Israel and Saudi Arabia
  • All three are involved in Syria, with Iran and Russia supporting the regime of President Bashar al-Assad and Turkey backing rebel forces

Record-breaking temperature leaves Europe in discomfort

A fierce heatwave in western Europe has left much of the continent wilting under a scorching sun, feeding ferocious wildfires...
  • On Monday the 38.1C recorded in Suffolk, in eastern England, made it the hottest day of the year and the third-hottest day on record
  • For nearly a week now, armies of firefighters and a fleet of waterbombing aircraft have battled blazes that have mobilized much of France's firefighting capacity

Tunisia soldier dies in border clash with smugglers

A Tunisian soldier was killed Monday on the country's southern border during a clash with smugglers trying to transfer vehicles...
  • The vehicle occupants opened fire and the patrol responded, prompting the attackers to flee
  • Fuel, food products, electronic equipment and other products are smuggled across the border regions between Libya, Tunisia and Algeria

Fuel to Air India jet engines cut off moments before crash: probe

New Delhi, India - Fuel control switches to the engines of an Air India flight that crashed shortly after takeoff,...

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World Bank plans $6 billion in financial assistance for Egypt

The financial assistance includes "$3 billion for financial support to Government’s programs and $3 billion for the private sector (including...

ByteDance’s dilemma: Defending TikTok’s ‘secret sauce’ from US interference

Seoul, South Korea - As a US campaign to sever TikTok from its Chinese parent heads to the Senate, analysts say...

Methane emissions under spotlight at global forum in Geneva

Methane emissions from the fossil fuel industry have risen for three consecutive years, according to the International Energy Agency (IEA),...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel spy chief to discuss Gaza truce with Qatar PM: source

The talks in the Qatari capital are the first after weeks of intense negotiations involving Qatari, US and Egyptian mediators...
  • The meeting between Mossad chief David Barnea, Qatar PM Mohammed bin Abdulrahman Al-Thani and Egyptian envoys "is expected to take place today"
  • Palestinian fighters seized about 250 Israeli and foreign hostages during the October 7 attack, but dozens were released during a week-long truce in November

Oxfam blames Israel for ‘deliberately’ blocking aid to Gaza

Oxfam said in a report that Israel continued to "systematically and deliberately block and undermine any meaningful international humanitarian response"...
  • Oxfam said inspection rules were causing aid trucks to be stuck in queues for 20 days on average
  • The group noted that Israeli authorities arbitrarily reject "dual-use" items

Israeli army says operation under way in Gaza’s Al-Shifa hospital

Al-Shifa is the Gaza Strip's largest hospital. The Israeli army had in November last year carried out an operation in...
  • Soldiers "are currently conducting a precise operation in the area of the Shifa hospital," a statement from the military said
  • Israel has repeatedly accused Hamas of running military operations from hospitals and other medical centers, claims the fighter group denies