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

UN says Israel-Hamas war leaves Gaza ‘uninhabitable’

Since the relentless Israeli aerial and ground assault, triggered by Hamas's deadly October 7 attacks inside Israel, the United Nations...
  • UNCTAD said Gaza was in a dire state before the war erupted, with a 17-year blockade and repeated military operations leaving around 80% of the population dependent on aid.
  • It would take seven decades for the territory to return to just its 2022 GDP level even the reconstruction was started immediately.

Norway warns of consequences over UNRWA funding cut

"We urge fellow donor countries to reflect on the wider consequences of cutting their funding to UNRWA," Norwegian Foreign Minister...
  • Thirteen countries, including major donors such as the United States, Germany, Britain and Sweden, have suspended funding to the UN agency
  • The funding is suspended over accusations that 12 on its staff members were involved in the October 7 attack by Hamas members against Israel

UN court rejects most of Ukraine’s ‘terror’ case against Russia

Kyiv had accused Moscow of being a "terrorist state" whose support for pro-Russian separatists in eastern Ukraine was a harbinger...
  • But ICJ tossed out most of Ukraine's claims, ruling only that Russia was "failing to take measures to investigate facts... regarding persons who allegedly committed an offence".
  • This case predates Russia's 2022 invasion of Ukraine. The ICJ will decide on Friday whether it has jurisdiction to rule in a separate case over that war.

IMF says Red Sea shipping down one-third due to Houthi attacks

"Container shipping... has declined by almost 30 percent," said Jihad Azour, director of the IMF's Middle East and Central Asia...
  • The Iran-backed Houthis have launched more than 30 attacks on commercial shipping and naval vessels since November 19, the Pentagon said on Tuesday
  • Houthi attacks have prompted some shipping companies to detour around southern Africa to avoid the Red Sea, a route that carries about 12 percent of global trade

Yemen’s Houthis fire missiles at US warship: rebel statement

The Houthis, part of the anti-Western, anti-Israel "axis of resistance" of Iranian-backed groups, have been harassing Red Sea shipping for...
  • "Iranian-backed Houthi fighters fired one anti-ship cruise missile from Houthi-controlled areas of Yemen toward the Red Sea," a Centcom statement said
  • The Houthis have launched more than 30 attacks on commercial shipping and naval vessels since November 19, the Pentagon said on Tuesday

Palestinian aid agency can’t be replaced, UN says

Several countries, including the United States, Britain, Germany and Japan, have suspended funding to the UNRWA agency, and the UN...
  • UNRWA said it has acted promptly over allegations by Israel
  • Israel accused UN Palestinian refugee agency of "hiring terrorists on a massive scale"

Pakistan ex-PM Imran Khan and wife get 14 years jail in graft case

Since being ousted in 2022, Khan has been buried by court cases he claims have been triggered to prevent his...
  • Khan and his wife were found guilty of graft in a case involving gifts he received while premier, after he was Tuesday handed 10 years in a case related to leaking state secrets
  • Pakistan goes to the polls next Thursday in a ballot already marred by allegations of rigging, with Khan barred from running and his party subject to a massive crackdown

Kuwait’s new emir makes first foreign trip to Saudi

Crown Prince Mohammed bin Salman, the 38-year-old de facto ruler of Saudi Arabia, greeted Sheikh Meshal at the airport in...
  • Sheikh Meshal al-Ahmed Al-Sabah, who is 83, was sworn in last month following the death of his predecessor and half-brother, Sheikh Nawaf
  • He is faced with the task of overcoming longstanding political paralysis and reforming a bloated public sector

Former Pakistan PM Imran Khan handed 10-year prison term

Islamabad, Pakistan - Former Pakistan prime minister Imran Khan was sentenced on Tuesday to 10 years in prison, less than two...
  • Tuesday's sentence for leaking classified state documents was handed down inside Adiala jail -- where Khan has been confined for much of the time since his August arrest
  • Local media reported the convictions and sentences although state TV did not use Khan's name, obeying strict censorship measures that have alarmed rights monitors

Israeli strikes on Gaza continue as mediators push for new truce

Heavy Israeli strikes and urban combat across the besieged Gaza Strip killed 128 more people overnight, the health ministry in...
  • The World Health Organization called the row over UNRWA "a distraction from what's really going on every day, every hour, every minute in Gaza".
  • Israel's top ally the United States expressed hope for a deal, with Blinken telling reporters that "very important, productive work has been done".

Saudi Arabia urges Yemen separatists to cede seized territory

The Kingdom said the military movements in the governorates of (Hadramawt and Al-Mahra), recently conducted by the Southern Transitional Council,...

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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...

Hamas confirms it responded to latest Gaza truce proposal

Hamas confirmed on Thursday that it has responded to an Israeli proposal for a 60-day ceasefire in Gaza, after more...

Saudi investors’ delegation arrives in Syria, aims to invest billions

Riyadh, Saudi Arabia -- A Saudi delegation of over 100 investors arrived in Damascus on Wednesday ahead of a conference...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

More than 100 NGOs warn ‘mass starvation’ spreading across Gaza

The UN said on Tuesday that Israeli forces had killed more than 1,000 Palestinians trying to get food aid since...
  • Israel is facing mounting international pressure over the catastrophic humanitarian situation in the Palestinian territory
  • More than two million people face severe shortages of food and other essentials after 21 months of Israeli invasion

Top Palestinian official meets US ambassador to Israel in Ramallah

Hussein al-Sheikh, vice-president of the Palestinian Liberation Organization (PLO), on Tuesday said he met the US ambassador to Israel, Mike...
  • Sheikh, a close aide to Palestinian president Mahmud Abbas and seen as a potential successor, said the meeting took place in his office
  • "Discussions were held regarding support for efforts to stop the war in the Gaza Strip, release the hostages and deliver urgent aid to the Palestinian people there," he wrote on X

91% of new renewable projects now cheaper than fossil fuels alternatives

Abu Dhabi, UAE --  Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation...
  • IRENA’s new report confirms renewables maintained their price advantage over fossil fuels, with cost declines driven by technological innovation.
  • In 2024, solar photovoltaics (PV) were, on average, 41 percent cheaper than the lowest-cost fossil fuel alternatives, while onshore wind projects were 53 percent cheaper.