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

Oil prices, stocks higher after EU snubs Russia ban

European stocks, which had been firmly higher earlier in the session, ended the day with only modest gains
  • European stocks, which had been firmly higher earlier in the session, ended the day with only modest gains
  • Bitcoin rose above $45,000 as Moscow is expected to accept cryptocurrency in exchange for Russian gas

Qatar takes up mediation role in Chad talks to unblock fledgling process

"Chadian parties have officially requested to Qatar to mediate in the peace negotiations," Qatar government’s special envoy for mediation said.
  • "Chadian parties have officially requested to Qatar to mediate in the peace negotiations," Qatar government’s special envoy for mediation said
  • Representatives of the government and more than 40 rebel and political opponents have been in Qatar for more than two weeks trying to launch negotiations

Yemen rebels attack oil facilities near Saudi F1 track

Friday's attacks targeted ‘Aramco facilities in Jeddah and vital facilities in the capital of the Saudi enemy, Riyadh’, tweeted Houthi...
  • The Houthi rebels of Yemen have frequently launched similar assaults on Saudi oil facilities
  • However, the Jeddah attack came as a worldwide audience tuned in for the F1 Grand Prix

Iraq once more into presidential vote unknown

Saturday's session risks underscoring the sharp divide in Iraqi politics between Sadr and the powerful Coordination Framework that includes the...
  • Iraqi Parliament has to choose between Barham Saleh from the Patriotic Union of Kurdistan and Rebar Ahmed of the Kurdistan Democratic Party for the new president
  • Sadr, the general election's big winner wants to make his cousin Jaafar Sadr the Prime Minister of Iraq with the support of Sunni and Kurdish parties

Ship rescues 128 migrants, finds two dead In Mediterranean

Migrants from African countries ravaged by war and poverty, make desperate bids to reach Europe through Mediterranean sea which is...
  • SOS Mediterranean tweeted that Ocean Vikings have rescued 128 men, women and children in a five-hour operation
  • According to International Organization for Migration, around 23,500 migrants lost their lives in Mediterranean since 2014

Israeli, Palestinian mothers gather for peace by Dead Sea

Hundreds of Palestinian and Israeli women activists shared in the poetry of Mahmoud Darwish, planted flags on the Dead Sea's...
  • Hundreds of Palestinian and Israeli women activists shared in the poetry of Mahmoud Darwish, planted flags on the Dead Sea's shores and vowed to continue the push for peace.
  • Peace negotiations between Israel and the Palestinians have largely ground to a halt as Israeli Prime Minister Naftali Bennett opposes Palestinian statehood

Jordon King hosts UAE, Egypt, Iraq leaders

Analysts have said that "most" of the parties to Friday's meeting in Jordan are "historic allies and friends of Washington...
  • King Abdullah II met Sheikh Mohammed bin Zayed, Abdel Fattah al-Sisi and Mustafa al-Kadhemi to discuss recent international and regional developments
  • Israel will host a 'historic summit' from Sunday with diplomats from the US and three Arab states that are part of the Abraham Accords

Israel sends first official military delegation to Morocco

An Israeli army delegation met with Moroccan officers in Rabat this week in the first visit of its kind since...
  • "A meeting took place at General Staff headquarters to develop cooperation between the two countries," a Moroccan Royal Armed Forces source told AFP
  • "The commanders expressed a mutual desire to promote extensive military cooperation," the Israeli army said

US warns of sanctions over Iran presence at Qatar defense show

The US State Department warned of possible sanctions Thursday after Iranian military officials attended a defense show in Qatar and...
  • Iran had a large display of models of its aircraft, missiles and other military equipment at the show.
  • Qatar is a close US ally, hosting the regional headquarters of the Pentagon's Central Command at the al-Udeid Air Base.

Israel to host summit with UAE, US, Bahrain, Morocco

Israel said it will host a "historic summit" from Sunday of top diplomats from the United States and three Arab...
  • "At the invitation of Foreign Minister Yair Lapid, this upcoming Sunday and Monday... a historic diplomatic summit will be held in Israel"
  • The United Arab Emirates forged diplomatic ties with Israel in 2020 under a series of US-brokered deals known as the Abraham Accords

NATO summit seeks to keep Trump happy – and alliance united

From meeting his spending demand to limiting the participation of Ukraine's President Volodymyr Zelensky, everything is being done to try...

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Norway deal averts Palestinian financial collapse: govt

The portion of the revenues that Israel will transfer to Norway will remain in a Norwegian account until the parties...

Qatar minister urges Gaza ceasefire to end Red Sea insecurity

The Houthis, who control vast swathes of Yemen, have said the attacks, beginning in November, have targeted vessels linked to...

Israel sets Ramadan deadline for offensive on Gazan city Rafah

Fearing the potential for mass casualties, foreign governments and aid organizations have repeatedly urged Israel to spare Rafah, the last...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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US strikes Houthi weapons’ systems in latest attack

According to a statement from CENTCOM, the five strikes included targeting "the first observed Huthi employment of a UUV (unmanned...
  • Maritime security firm Ambrey said a cargo vessel came under attack on Sunday.
  • The Houthi attacks have raised insurance premiums for shipping companies

Prospects dim for truce as Israel rejects calls to spare Rafah

Mediator Qatar acknowledged that separate ceasefire talks had also hit an impasse after Israeli Prime Minister Benjamin Netanyahu rejected some...
  • A total of 127 people died in 24 hours, Hamas-run Gaza's health ministry said, as the main battlefront edged closer to far-southern Rafah
  • Israel's top ally the United States signalled it would veto the latest push for a UN Security Council resolution demanding an immediate ceasefire

Israeli forces kill two Palestinians in West Bank raid

Two Palestinian men, including one member of an armed group, were killed in an Israeli raid, in the latest surge...
  • The deaths came with international concern mounting about unrest in the West Bank since Hamas's October 7 attack on Israel.
  • At least five other people were wounded in the Israeli military operation, according to the Palestinian Red Crescent.