INSEAD Day 4 - 728x90

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.
  • Stockholm, Sweden - A Stockholm court on Thursday handed down a life term to Swedish jihadist Osama Krayem over the 2015 murder of a Jordanian pilot burned alive by the Islamic State group in Syria. The Swedish court was the first to try a person over the killing that sparked...
  • Iran puts to death men convicted of spying for Israel

    The four defendants, identified as Mohammad Faramarzi, Mohsen Mazloum, Wafa Azarbar, Pejman Fatehi, were arrested in July 2022 and accused of plotting to carry out an operation in Isfahan. "The death sentence of a group affiliated with the Zionist spy organization was carried out this morning," Mizan Online reported.
  • Saudi Arabia executes US national convicted of killing Egyptian father

    The death sentence for Bishoy Sharif Naji Naseef was carried out in the Riyadh region, the official Saudi Press Agency said. The Gulf kingdom is frequently criticised for its prolific use of capital punishment, which human rights groups say undermines its bid to soften its image through a sweeping "Vision...
  • Iran says will reopen embassy in Saudi Arabia on Tuesday

    Iran is set to reopen its embassy in Saudi Arabia on Tuesday following a seven year closure, Tehran and a diplomatic source said, sealing a Chinese-brokered rapprochement deal announced in March. Riyadh severed relations with Tehran in 2016 after its embassy and consulate in Iran were attacked during protests.
  • Iran hangs former defense official for being ‘UK spy’

    Tehran, Iran--Iran on Saturday executed former top defense official and dual British national Alireza Akbari, who was accused of spying for UK intelligence, the judiciary reported. Akbari was executed after being sentenced to death for "corruption on earth and harming the country's internal and external security by passing on intelligence", the...
  • Second protest-related execution carried out in Iran

    Paris, France—Iran on Monday executed a second man convicted over the protests that have shaken the regime for almost three months, defying an international outcry over its use of capital punishment against those involved in the movement. Rights groups had at the weekend warned that several other people arrested over...