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
  • In Beirut, a senior Hamas official responded, saying Netanyahu's "insistence on continuing the aggression totally confirms that the goal... is...

    Netanyahu has ordered troops to prepare to move on the city of Rafah in Gaza's far south, where more than one million Palestinians have sought refuge

    An official from mediator Egypt told AFP that "a new round of negotiations" would start on Thursday in Cairo aimed at achieving "calm in the Gaza Strip".

  • "The presence of US forces in our region has no justification," Raisi said in a Tehran ceremony ahead of the...

    Raisi said the US presence "in Iraq, Syria, Afghanistan and the region is in no way creating security. It disrupts the security in the region"

    Raisi's remarks to foreign diplomats came while US Secretary of State Antony Blinken was on a regional tour for talks on the Gaza ceasefire deal

  • "Ten people, including six civilians and two Hizbollah fighters, were killed in Israeli strikes on a building in the Hamra...

    Three students and a woman were among the dead, two of whom have yet to be identified, an official said

    Two Hizbollah fighters were also among the dead, a source to the Iran-backed Lebanese group confirmed to AFP

  • "There's a lot of work to be done, but we are very much focused on doing that work and hopefully...

    UN Secretary-General Antonio Guterres warned that if Israel presses into Gaza's far-southern Rafah, it "would exponentially increase what is already a humanitarian nightmare".

    AFPTV footage showed frantic scenes of Palestinians running for their lives, many screaming, as gunfire rang out from advancing Israeli forces in a Gaza City neighborhood.

  • Cairo, Egypt -- Egypt and Qatar are sponsoring a new round of negotiations to start Thursday in Cairo aimed at achieving...

    A Hamas source with knowledge of the matter confirmed the Palestinian group had agreed to the talks, with the goal of "a ceasefire, an end to the war and a prisoner exchange deal".

    The Egyptian official said Cairo was urging "both parties to show the necessary flexibility" to achieve a truce in Hamas-run Gaza.

  • As customers in the Middle East shun international restaurants, local businesses report they have benefited from the boycott.

    Starbucks sales grew at their slowest pace in a year, and profits fell short of Wall Street estimates as a spending slowdown took its toll.

    McDonald's shares declined for the second day after the company failed to achieve targeted sales for the first time since 2020 due to the war in the Middle East.

  • Republicans in the House of Representatives scheduled the vote after the Democratic-led Senate released a bipartisan bill Sunday pairing billions of dollars for...

    The standalone Israel bill would have provided $17.6bn in military aid for the country

    167 Democrats voted no after Biden had threatened to wield his veto

  • The move comes two weeks after Britain and the United States unveiled new coordinated asset freezes and travel bans on...

    The 11 individuals targeted by the Canadian measures include Hamas leader Yahya Sinwar and its military chief Mohammed Deif

    All the sanctioned individuals were said in a statement to be "integral to the planning, funding and execution of the October 7 attacks

  • Last week, a Hamas source said the truce deal calls for a six-week pause to fighting as Hamas frees hostages...

    US Secretary of State Antony Blinken, on his fifth tour of the region since the war broke out, arrived in Israel to discuss an "essential" agreement

    Hamas confirmed it delivered its response to proposals hammered out a week ago in Paris between Qatar and other mediators

  • The Syrian Observatory for Human Rights said that five people have been killed including three civilians, and seven others were...

    The monitor said the identities of the two non-civilian casualties were unknown

    Israeli strikes last Monday near Damascus killed eight people, including pro-Iran fighters