INSEAD Day 4 - 728x90

probe

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.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.
  • Italy begins probe into OpenAI’s new video tool Sora

    ROME, ITALY – The European country's data protection watchdog - Italian Data Protection Authority - said on Friday it has launched an investigation into Sora, a new artificial intelligence (AI) tool made by US firm OpenAI. The Italian Data Protection Authority said it was concerned over "the possible implications for the...
  • China edges out Japan as world’s top vehicle exporter

    In recent years, China's auto sector has grown remarkably largely because of massive investments in electric cars, an area where Japanese firms have been more cautious. The JAMA figures showed that Japan shipped 4.42 million vehicles in 2023, compared with 4.91 million exported by China, as reported by China's automobile...
  • Turkish club send Israeli player to Maccabi Tel Aviv after Gaza controversy

    ISTANBUL, TURKEY -  Turkish first division club Basaksekir on Thursday sent Israeli midfielder Eden Karzev on loan to Maccabi Tel Aviv following a probe into his repost of a social media message calling for the release of hostages held by Hamas. The Istanbul side launched disciplinary proceedings against Karzev earlier this week...
  • Moroccan officials questioned in EU graft probe

    BRUSSELS, BELGIUM - Several Moroccan officials have been questioned as part of a high-profile investigation into alleged bribery by the north African state and Qatar at the European Parliament, Belgian prosecutors said on Saturday. The interviews in Morocco -- conducted by local authorities in the presence of Belgian investigators -- were...
  • Abu Dhabi-backed fund takeover of Telegraph triggers UK probe into sale

    Dubai, UAE--The UK government has ordered a formal probe into the proposed sale of the Telegraph Media Group to an Abu Dhabi-backed investment fund. The investment fund, RedBird IMI, disclosed earlier this month that it was set to take control of The Daily and Sunday Telegraph sister newspapers and The...
  • France charges Lebanon central bank chief’s ex-assistant in graft probe

    A former assistant of Riad Salameh, the governor of Lebanon's central bank, has been charged with money laundering by France. Last year, France, Germany and Luxembourg seized assets worth $130mn in a move linked to a probe into Salameh's wealth. He is accused of having amassed a fortune during his...
  • European probe officials to question Lebanon central bank audit firms

    European investigators probing Lebanese central bank chief Riad Salameh's wealth will question officials from two international firms previously tasked with auditing the central bank's accounts, a judicial official said. Salameh is the target of a series of judicial investigations at home and abroad on suspicion of embezzlement and money laundering,...
  • Accountability in Libya needed as war crimes probe ends, says UN

    The UN rights chief called for Libyan authorities and the international community to step up accountability efforts in the conflict-ravaged country, as a probe into war crimes wrapped up. "Libyan authorities, armed groups, smugglers and human traffickers should not assume that the eyes of the international community have now left...
  • China begins security probe into US chipmaker Micron

    BEIJING, CHINA - Chinese authorities have begun an investigation into leading US memory chipmaker Micron Technology, a decision Beijing's foreign ministry said Monday was intended to "safeguard national security". The probe escalates an already fierce battle between Beijing and Washington for supremacy in the field of semiconductors as broader bilateral relations...
  • Lebanon central bank chief denies financial misconduct

    Lebanese central bank governor Riad Salameh maintained his innocence following a second day of questioning before European investigators in Beirut as part of a probe into his personal wealth. Salameh, 72, is part of the Lebanese political elite widely blamed for a crushing economic crisis that began in late 2019.
  • Lebanon central bank chief summoned in European probe

    A Lebanese judge has asked central bank chief Riad Salameh to appear before visiting European investigators, a judicial official said Monday, part of a multinational probe into his personal wealth. The embattled central bank chief faces embezzlement accusations in separate investigations in Lebanon and abroad, looking into the fortune he...
  • Beirut blast probe suspended, restarted, now stalled again

    Since its early days, the probe has faced a slew of political and legal challenges, with high-level officials who had been charged in the case filing lawsuits against the judge investigating them. In December 2020, lead investigator Fadi Sawan had charged former prime minister Hassan Diab - who had resigned...
  • Beirut blast victims’ relatives rally for probe judge

    Families of victims killed in the 2020 Beirut blast rallied to support the judge probing the disaster, after he was charged by Lebanon's top prosecutor in the case. Security was tight at the palace of justice in Beirut, where dozens of family members of the victims gathered to support the...
  • Europe investigators question witnesses over Lebanon central bank chief

    European investigators began questioning high-profile witnesses in Lebanon as part of a probe into central bank governor Riad Salameh's wealth, a judicial official said. The long-serving central bank chief is among top officials widely blamed for Lebanon's unprecedented economic crisis, dubbed one of the worst globally in recent modern history...
  • UN force in Lebanon calls for probe into Irish peacekeeper’s death

    The United Nations' peacekeeping force in south Lebanon urged Beirut to ensure a "speedy" investigation into an Irish soldier's shooting death near the Israeli border. The peacekeeper's convoy came under fire late Wednesday near the village of Al-Aqbiya, the Irish military said, wounding three other members of the UN force...
  • EU uncovers US$2.3-billion cross-border tax fraud

    The EU announced the discovery of a sophisticated US$2.3-billion VAT tax fraud that triggered raids in 14 countries, including France, Germany, Greece and Spain. Over 600 people participated in the scheme, "believed to be the biggest VAT carousel fraud ever investigated in the EU," according to the European Public Prosecutor's...
  • Israel PM says FBI won’t quiz troops over journalist’s death

    Outgoing Prime Minister Yair Lapid said Israeli soldiers "will not be interrogated" by the US' Federal Bureau of Investigation (FBI) over the killing of Palestinian-American journalist Shireen Abu Akleh. The veteran Al Jazeera reporter was shot and killed while covering an Israeli army raid in the occupied West Bank on...
  • Google agrees to pay US$392m in a privacy settlement

    A statement said it was the largest multi-state privacy settlement by state authorities in US history and included a binding commitment for improved disclosures by Google.
  • Nord Stream probe tailored against Russia, says Kremlin

    The Kremlin said that the investigation into the explosions that tore through the Nord Stream gas pipelines was being 'tailored' to place the blame on Russia.
  • Iran says nuclear deal ‘pointless’ without end to IAEA probe

    The Iran nuclear deal with world powers still appears to be far from certain as President Raisi now says that the deal is pointless unless the UN nuclear watchdog put an end to its probe of undeclared sites. Iran has repeatedly urged the agency to end the issue before any...
  • 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 days before a hotly contested constitutional referendum.
  • Israeli fire likely killed Abu Akleh but it may not be intentional: US

    Palestinians reject the findings. A senior Palestinian Authority official said "we will not allow attempts to conceal the truth or to have shy references in pointing the finger of accusation (at) Israel".
  • 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 facts lead, amid heated dispute between Israeli and Palestinian authorities on how she died.
  • India seizes $725m from China’s Xiaomi over ‘illegal’ remittances

    India seized $725 million from the local bank accounts of Xiaomi after a probe found the Chinese smartphone giant unlawfully sent money abroad in the guise of royalty payments, authorities said Saturday. The firm's India office was raided in December in a separate investigation over alleged income tax evasion.
  • Swiss prosecutors probe Libyan gasoil ‘looting’

    "A maritime gasoil smuggling network resulting from the looting of Libyan state oil refineries was allegedly carried out between 2014 and 2015 in the context of the Libyan conflict," Swiss state prosecutors said.
  • Amazon tactics under US scanner

    Amazon is accused of using merchant info for its own products.
  • Meta sued over scam crypto ads

    The ads were for schemes apparently hailed by prominent figures.
  • Israel Cabinet to probe submarine procurement corruption

    Prime Minister Naftali Bennett, who ousted Benjamin Netanyahu in June, abstained from the vote to set up the inquiry, citing concerns that would interfere with military procurement.
  • Israel probes alleged police cyber-spying on citizens

    Pegasus, a surveillance product made by the Israeli firm NSO that can turn a mobile phone into a pocket spying device, has remained a source of global controversy following revelations last year it was used to spy on journalists and dissidents worldwide.Once installed in a mobile phone, Pegasus allows access...
  • Libya orders arrest of second minister for financial irregularities

    Prosecutors had already questioned Culture Minister Mabrouka Touki before the order was issued to detain her on charges of ‘falsifying official documents in order to complicate the processes of review and oversight of public spending.’ Her detention comes after Education Minister Moussa al-Megarief was arrested in an inquiry into a...
  • Lebanon port blast judge suspends ex-PM Hassan Diab’s summons

    Diab had filed a lawsuit against judge Tarek Bitar, who has been thwarted at every turn in his probe of the August 4, 2020 explosion that killed more than 200 people and disfigured parts of the capital.
  • IMF board meets with Georgieva amid data manipulation probe

    The investigation by law firm WilmerHale released last month found that during Georgieva’s time as World Bank CEO, she pressured staff into changing data to China's benefit
  • GCC looks up to stars with its space probe

    The GCC might have been a late entrant to the exclusive club of space programs, but with its deep pockets it has gradually squeezed its way to the top.