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.
  • Iran vows to rebuild nuclear sites ‘stronger than before’

    "By destroying buildings... we will not be set back," said Iranian President Masoud Pezeshkian, in a visit to the country's nuclear organization. Israel launched an unprecedented bombing campaign against Iran in June, kicking off a 12-day war that saw it target nuclear and military facilities
  • Trump says ‘there will be bombing’ if Iran fails to make ‘peace deal’

    Trump's language represented a sharpening of his comment a few days earlier that if Tehran refused to negotiate a new nuclear agreement, "bad, bad things are going to happen to Iran."
  • Iran to hold funeral for Hamas chief Ismail Haniyeh

    Khamenei, who has the final say in Iran's political affairs, said after Haniyeh's death that it was "our duty to seek revenge for his blood as he was martyred in the territory of the Islamic republic of Iran". The Hamas leader was in Tehran for the inauguration ceremony of newly...
  • Iran’s Khamenei formally grants Pezeshkian presidential powers

    In a message read by the director of Khamenei's office, he said: "I endorse the vote (for) the wise, honest, popular and scholarly Mr Pezeshkian, and I am appointing him as the president of the Islamic Republic of Iran". The new reformist president is due to be sworn in before...
  • Calling for better ties with West, Iran reformist wins presidency

    In the mausoleum of Imam Khomeini in southern Tehran, Pezeshkian gave a speech thanking his supporters, saying their votes have "given hope to a society plunged into an atmosphere of dissatisfaction". "I did not give false promises in this election," said Pezeshkian, flanked by former foreign minister Mohammad Javad Zarif.
  • Early returns show reformist Pezeshkian leading Iran runoff vote: interior ministry

    Iran held the first round of its snap presidential election last week which was marked by a record low turnout. Only 40 percent of Iran's 61 million eligible voters cast their ballots in the first round -- the lowest turnout in any presidential election since the Islamic Revolution of 1979.