INSEAD Day 4 - 728x90

Geostrategy

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

Iraq’s pro-Iran Al-Nujaba group to continue attacks on US troops

"Any (US) strike will result in an appropriate response," Al-Nujaba leader Akram al-Kaabi said in a statement, adding the group...
  • Al-Nujaba movement forms part of the Islamic Resistance in Iraq, an alliance of Iran-backed armed groups that the US has blamed for last weekend's deadly drone attack
  • Another of the alliance's factions, Kataeb Hezbollah (the Hezbollah Brigades), announced earlier this week that it was suspending its attacks on US forces in Iraq and Syria

Iranian adviser among three killed in Israeli strikes on Syria

The targets included a site operated by Lebanese group Hezbollah on a road leading to the Sayyida Zeinab district and...
  • The Syrian Observatory for Human Rights said "three members of pro-Iran groups, including an Iranian and an Iraqi" were killed in "Israeli air strikes".
  • Iran's Mehr news agency said an Iranian adviser from the Islamic Revolutionary Guard Corps, Saeed Alidadi, was killed in the strikes

UN estimates at least 17,000 Gaza children separated from parents

"Each one has a heartbreaking story of loss and grief," said Jonathan Crickx, spokesman for the UN children's agency UNICEF...
  • Before the conflict erupted, UNICEF estimated that more than 500,000 children in the Gaza Strip needed mental health and psycho-social support.
  • Now it believes that "almost all children are in need" of such help -- more than one million children, said Jonathan Crickx, spokesman UNICEF in the Palestinian territories.

UAE signs pact to develop digital infrastructure in Greece  

ABU DHABI, UAE  - The Ministry of Investment of the UAE and the Ministry of Digital Governance of the Hellenic...
  • Data centers to be developed under this MoU can reach a total capacity of 500 megawatts.
  • The data center market in Greece has witnessed significant growth in the last few years.

North Korea prepares for conflict as Kim inspects warships

The North Korean leader has in recent weeks declared South Korea his country's "principal enemy", jettisoned agencies dedicated to reunification...
  • The country last year launched what it called its first "tactical nuclear attack submarine"
  • Experts said the vessel seemed to be modified from an existing diesel-electric submarine

Global alliances key to educational advancement

"We are dedicated to supporting scientific research and innovation through strategic partnerships and pioneering initiatives, focusing on future-oriented sciences for...
  • UAE Education Minister Dr. Ahmad Belhoul Al Falasi advocates for public-private partnerships in education, emphasizing the importance of sharing expertise to boost quality.
  • During his UK visit, he underscores UAE's dedication to education, focusing on elevating the EdTech sector, curriculum development, and supporting Emirati students abroad.

Hamas gives ‘initial’ approval to plan for Gaza war pause

A Hamas source had told AFP the three-stage plan would start with an initial six-week halt to the fighting that...
  • Mediators pushed ahead with peace efforts as fighting raged in Gaza and as Qatar-based Hamas leader Ismail Haniyeh was expected in Cairo for talks on Thursday or Friday
  • Hamas has been reviewing a proposal for a six-week pause and a hostage-captives exchange, a Hamas source had told AFP after the Paris meeting

Pegasus used in Jordan to spy on key figures, says report

Paris, France - Hackers have used the notorious Pegasus spyware to break into the phones of dozens of journalists and activists...
  • Pegasus can seize control of a phone's microphone and camera and access documents, and a leak in 2021 showed how governments used it to spy on critics.
  • Daoud Kuttab, a Palestinian-American journalist in Jordan, had his phone hacked three times in 2022 and 2023 and faced a further seven failed attempts.

Assailant takes hostages in Gaza protest in Turkey, says police

ISTANBUL, TURKEY - An assailant on Thursday took a number of people hostage at a plant owned by US cosmetics giant...
  • A union representing workers at the consumer goods plant said the assailant was holding seven people hostage.
  • The man was standing next to a drawing of the Palestinian flag and the words "for Gaza" painted on the wall in red.

US to sell drones worth $4bn to India to bolster its defenses against China

The United States approved a $4 billion sale of state-of-the-art drones to India, offering a new edge to the growing...
  • Indian officials had discussed the drones during a state visit by Prime Minister Narendra Modi last year.
  • After months of discussion, the State Department said it had informed Congress of the sale..

Yemen separatists say Saudi air strikes will not deter them

A Yemeni military official said around 15,000 Saudi-backed fighters were amassed near the Saudi border -- but were not given...

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Syrian, Israeli ministers meet US envoy in Paris: senior diplomat

The US special envoy for Syria said he held talks with Syrian and Israeli officials in Paris on Thursday on...

Macron says France will recognise State of Palestine, angering Israel, US

At least 142 countries now recognise or plan to recognise Palestinian statehood, according to an AFP tally -- though Israel...

Iran defends ‘unshakable’ right to enrich uranium ahead of key talks

Iran on Thursday reaffirmed its right to enrich uranium, saying it was "unshakable", on the eve of key talks with...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel recalls Gaza negotiators after Hamas responds to ceasefire plan

Mediators have been shuttling between Israeli and Hamas delegations in Qatar for more than two weeks, but the indirect talks have...
  • International concern is growing over the plight of the more than two million Palestinians in the Gaza Strip, where the fighting has triggered a dire humanitarian crisis.
  • International news organizations, including AFP, urged Israel on Thursday to allow journalists in and out of Gaza, with concern that a lack of food is putting their lives at risk.

Russia, Ukraine begin a fresh round of talks in Istanbul, Kremlin plays down breakthrough hopes

Ukraine said it hoped the two countries would discuss the release of prisoners and lay the ground for a meeting...
  • A source in the Ukrainian delegation said the heads of the two delegations held a preparatory meeting with Turkish Foreign Minister Hakan Fidan ahead of wider talks
  • The two sides previously met in the Turkish city in May and June, but managed to agree only on exchanges of prisoners and soldiers' bodies

India expulsions to Bangladesh unlawful, target Muslims: HRW

New Delhi, India - India has pushed hundreds of ethnic Bengali-speaking Muslims into Bangladesh without due process, Human Rights Watch...
  • The Hindu nationalist government of Prime Minister Narendra Modi has long taken a hardline stance on immigration -- particularly those from neighbouring Muslim-majority Bangladesh
  • HRW, a New York-based nonprofit, said India expelled more than 1,500 Muslim men, women, and children to Bangladesh between May 7 and June 15, quoting Bangladeshi authorities