INSEAD Day 4 - 728x90

Geostrategy

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

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Recognizing Palestine state not a taboo for France, says Macron

"The recognition of a Palestinian state is not a taboo for France," he said at a joint press conference in...
  • His comments come after Benjamin Netanyahu rejected a plan for international recognition of such a state, following reports of such an initiative in The Washington Post.
  • Macron also repeated a warning against Israel attacking the city of Rafah, the southernmost point in the besieged and bombarded Palestinian territory of Gaza.

A royal decree dissolves Kuwait parliament as political wrangling persists

Kuwait City, Kuwait--Kuwait dissolved parliament on Thursday after a protracted stalemate between cabinet ministers and lawmakers dragged on despite the accession...
  • According to KUNA, the official news agency, a "royal decree was issued to dissolve the national assembly" elected in June of 2023
  • The royal decree came after ministers boycotted a parliamentary session on Wednesday, objecting to a speech delivered by a lawmaker

Iran, Armenia eye $3 billion bilateral trade volume

Tehran, Iran – Deputy Prime Minister of Armenia Mher Grigoryan on Thursday said that Iran and Armenia have the potential...
  • Grigoryan made the remarks during the 18th meeting of the Iran-Armenia Joint Economic Commission where he also described Iran as “a very important partner.”
  • The 18th meeting of the Iran-Armenia Joint Economic Commission was held on February 14-15 in Tehran to further foster economic ties between the two countries

Israel faces fresh US calls against attack on Rafah

Palestinian Territories - Israel faced renewed calls from key ally the United States on Friday against launching a large-scale attack...
  • Israeli Prime Minister Benjamin Netanyahu has insisted he would push ahead with a "powerful" operation in the overcrowded city to achieve "complete victory" over the Hamas
  • The White House said US President Joe Biden had spoken by phone with Netanyahu late Thursday, urging him not to carry out an attack on Rafah without a plan to keep civilians safe

In Egypt, Brazil’s president denounces Israel’s Gaza war

Speaking before an Arab League meeting in Cairo, President Luiz Inacio Lula da Silva, on his second trip to Egypt...
  • The Brazilian leader said in the speech "stop the collective punishment"
  • Lula, in November, accused Israel of committing the "equivalent of terrorism" in Gaza

Israel PM spurns global recognition of a Palestinian state

In a post in Hebrew on social media platform X, Israel's Prime Minister Benjamin Netanyahu said that the Jewish country...
  • His comments follow a similar rejection by far-right ministers Itamar Ben-Gvir
  • The Washington Post reported that the US and Arab diplomats were working on a plan for peace

Record number of West Bank outposts set up in 2023, says Israel NGO

Jerusalem - Israeli settlers established a record number of wildcat outposts in the occupied West Bank in 2023, a watchdog...
  • Twenty-six settlements not recognized by the Israeli government were established last year, including around 10 since the war in the Gaza Strip broke out.
  • Peace Now said 2023 saw the highest number of wildcat outposts -- those established without the approval of the Israeli authorities -- since it began in 1996.

Indian PM Modi seeks enhancing of ties in Qatar visit

Doha, Qatar - Indian Prime Minister Narendra Modi on Thursday committed to strengthening ties with Qatar during his first visit to...
  • The visit follows the release earlier this month of eight Indian ex-navy personnel arrested by Qatar and sentenced to death, according to India's foreign ministry.
  • The premier also thanked Sheikh Tamim bin Hamad Al-Thani for hosting the 800,000-strong Indian community in the tiny Gulf state.

Hizbollah commander among 10 dead in Israeli strike on Lebanon

BEIRUT, LEBANON -  A Hizbollah commander, two other fighters and seven civilians were killed in an Israeli strike in south Lebanon,...
  • The same Hizbollah commander had previously been targeted and wounded in an Israeli strike in the southern Lebanon town of Nabatiyeh a week earlier.
  • Ali al-Debs and the other two fighters were killed Wednesday night by an IDF aircraft on a Hizbollah military structure in Nabat, the Israeli military said.

Tunisia gets new central bank chief amid economic crisis

TUNIS, TUNISIA -  President Kais Saied on Thursday appointed a new governor of the central bank of Tunisia, a north African...
  • Fethi Zouhair Nouri, a 69-year-old member of the central bank's board, will succeed 64-year-old Marouane Abassi.
  • Tunisia has grappled with a growing economic crisis following the COVID-19 pandemic, political tensions.

Yemen separatists say Saudi-backed forces to deploy in seized territories

A surprise STC offensive seizing resource-rich Hadramawt and Mahra has pushed the UAE and Saudi Arabia, officially allies in Yemen,...

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Dormant Russia volcano erupts for first time in 450 years

Moscow, Russia -- A volcano erupted for the first time in 450 years in Russia's eastern Kamchatka region, the nation's...

Israel intercepts Huthi missile fired from Yemen

The Israeli military said it intercepted a missile fired from Yemen on Friday, which the Iran-backed Huthi rebels said they...

Turkey starts supplying Azerbaijani gas to boost Syria’s power output

Istanbul, Turkey - Turkey on Saturday turned on a supply of natural gas from Azerbaijan to Syria, whose infrastructure was...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Israel’s Druze organise aid for violence-hit Syria community

In the quiet Galilee village of Julis, Israeli Druze volunteers are busy collecting food donations and gathering information to support...
  • The colourful Druze flag hangs on a wall in a community centre alongside a sign in Hebrew that reads "Druze Community Emergency Room."
  • Sweida, a Druze-majority province in southern Syria, saw a week of deadly clashes last month, which a war monitor said killed more than 1,400 people

Iran rejects Western accusations of overseas plots as ‘baseless’

In a statement, Iranian foreign ministry spokesman Esmaeil Baqaei described the claims as "baseless", calling them "an attempt to divert...
  • In a statement, Iranian foreign ministry spokesman Esmaeil Baqaei described the claims as "baseless", calling them "an attempt to divert public attention from genocide in Gaza
  • The United States, Britain, France and Germany condemned in a joint statement on Thursday "the growing number of state threats from Iranian intelligence agencies."

Trump orders deployment of nuclear submarines in response to ‘provocative’ Russian comments

The United States and Russia control the vast majority of the world's nuclear weaponry, and Washington keeps nuclear-armed submarines on...
  • Trump did not say whether he meant nuclear-powered or nuclear-armed submarines, and he also did not elaborate on the locations, which are kept secret by the US military
  • Trump did not refer specifically to what Medvedev had said to prompt the highly unusual public display of nuclear saber-rattling