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

Indian central bank raises interest rates to tame inflation

India's central bank on Wednesday hiked rates for a second time in as many months, as Asia's third-largest economy reels...
  • The Reserve Bank of India raises its key repo rate by 50 basis points to 4.90 percent
  • Consumer inflation has consistently overshot the central bank's two-to-six percent target range in the first four months of the year

17 die, 37 injured in Iran’s train derailment: reports

The disaster was one of Iran's deadliest in years and sparked a demonstrations across the country.
  • The disaster was one of Iran's deadliest in years and sparked a demonstrations across the country
  • Tabas is located in South Khorasan province roughly 900 kilometres by road from Tehran

Ukraine to receive $1.5bn in aid from World Bank

The World Bank on Tuesday approves an additional $1.5 billion in aid for Ukraine, bringing the total planned support package...
  • The new financing from World Bank to Ukraine will be used to pay wages for government and social workers
  • According to Zelensky, Ukraine's government needs a total of $7 billion aid in a month to continue to function

US to follow facts on killing of Shireen Abu Akleh: Blinken

US Secretary of State Antony Blinken promised Tuesday to pursue accountability over the killing of journalist Shireen Abu Akleh wherever...
  • Blinken was confronted by a a question on why there have been "absolutely no repercussions" for Israel, a historic US ally
  • A Palestinian probe said that an Israeli soldier shot her dead in what it described as a war crime

Brothers held in UAE on graft charges face extradition to S.Africa

Two Indian-born brothers who allegedly wove a web of corruption across South Africa have been arrested in Dubai and face...
  • Dubai police confirmed the arrest of Atul and Rajesh Gupta after receiving a so-called red notice from Interpol
  • They were accused of paying bribes in exchange for massive and lucrative state contracts and influence over ministerial appointments

Lavrov in Turkey for talks on Ukraine grain exports

Russian Foreign Minister Sergei Lavrov began a two-day visit to Turkey on Tuesday for talks on unblocking grain exports from...
  • This is Lavrov's second trip to Turkey after meeting his Turkish and Ukrainian counterparts Mevlut Cavusoglu and Dmytro Kuleba in Antalya
  • Lavrov was forced to cancel a visit to Serbia on Monday after several of its neighbours prevented his plane from passing through their airspace

Israel mainly to blame for conflict: UN report

Israel's occupation and discrimination against Palestinians are the main causes of the endless cycles of violence, UN investigators said Tuesday,...
  • The 18-page report mainly focuses on evaluating a long line of past UN investigations
  • Israel has refused to cooperate with the Commission of Inquiry (COI) created last year

Countries hand motion censuring Iran to IAEA

The United States, Britain, France and Germany have submitted a motion to the UN atomic energy watchdog to censure Iran...
  • It is a sign of growing Western impatience after talks to revive the 2015 landmark nuclear accord with Iran stalled in March
  • The vote on the motion is likely to happen on Wednesday or Thursday but Russia refused to be associated with the resolution

Protesters end blockade as East Sudan governor resigns

A coalition of tribes in East Sudan announced on Tuesday the end of a sit-in which blocked roads to the...
  • Beja tribes of Sudan ended their sit-in protest against a 2020 peace deal which they demanded to be scrapped as the Red Sea state governor resigned
  • Army chief called the upcoming meeting with civilian groups a "historic opportunity" but the civilians have refused to take part

Wall Street stocks down as World Bank lowers global growth outlook

Wall Street stocks fell early Tuesday as the World Bank slashed its global growth outlook and Target warned of lower...
  • The World Bank cut its growth estimate for the global economy to 2.9 percent, 1.2 percentage points below the January forecast.
  • The broad-based S&P 500 fell 0.5 percent to 4,100.91, while the tech-rich Nasdaq Composite Index also declined 0.5 percent.

Hamas says ready to start Gaza ceasefire talks ‘immediately’ on US-sponsored proposal

"The movement is ready to engage immediately and seriously in a cycle of negotiations on the mechanism to put in...

Company News

Latest News

Muslims pray for end to Palestinian suffering as Ramadan nears

Other parts of the Islamic world may be grappling with their own challenges, from conflicts to high inflation. But many...

Expanding Israeli settlements a ‘war crime’: United Nations

UN rights chief warned Volker Turk said there had been a drastic acceleration in Israeli illegal settlement building in the...

Mothers of imprisoned Palestinians from West Bank under great stress

RAMALLAH, PALESTINIAN TERRITORIES – "I don't sleep anymore," Latifa Abu Hamid said while looking at pictures of her children hanging on...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Spain announces US$21.87m in funding to UN Palestinian refugee agency

Madrid, Spain--Spain said Thursday it would give an additional $21.87 million to the UN Palestinian refugee agency UNRWA, which is facing...
  • UNRWA has been at the centre of controversy since Israel accused about a dozen of its employees of involvement in the Hamas attack on Israel
  • Jose Manuel Albares, Spain's Foreign Minister, announced the extra funding at a joint news conference in Madrid with UNRWA chief Philippe Lazzarini

UN aid official presses for aid delivery to Gaza by land route

The UN aid coordinator for the Palestinian territory Sigrid Kaag said her message to UN Security Council was that the...
  • She said the diversification of the supply routes via land remains the optimal solution
  • Kaag noted the complicated border inspection process was the main obstacle

Biden orders US military to set up temporary aid port in Gaza

In the wasteland of Jabalia, northern Gaza, Palestinians gathered to receive meals at a distribution point. "There is no gas...
  • Hopes dimmed for a new truce after Hamas negotiators left talks with mediators in Egypt to consult with the movement's leadership in Qatar
  • The health ministry in Hamas-run Gaza reported 83 more people had been killed over the previous 24 hours, adding to a toll it says has reached 30,800