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

Ras Al Khaimah witnesses rise in issue of valid business licenses in 2023

RAS AL KHAIMAH, UAE - The economic growth of the Emirate continued to accelerate in 2023, with the Department of...
  • The industrial sector in Ras Al Khaimah achieved a 5.3 percent annual growth rate in valid licence capital.
  • Commercial licences experienced a 14.4 percent annual increase, bringing their total capital to $1.3 billion.

Canada revokes ban on military exports to Turkey

Canada will now require that Turkish importers provide assurances about the weapons' use as well as a government statement "clearly...
  • Permits for military items and certain types of weapons destined for Turkey "will now be reviewed on a case-by-case basis," the Canadian government said
  • The export ban affected some 30 permits, and applied to a wide variety of military goods and technologies including components for the production of aircraft

Israel troops to ‘go into action’ soon at Lebanon border: minister

Since the outbreak of war between Hamas and Israel on October 7, the Lebanese-Israeli border has seen near-daily exchanges of...
  • Israel's army chief Herzi Halevi said earlier this month that the likelihood of war on the northern border has become "much higher"
  • Gallant said Monday that Gaza fighters were running out of supplies and ammunition, but that the war against Hamas "will take months"

UN chief to meet donor nations after UNRWA accusations

Several countries, including the United States, France, Britain, Germany and Japan, have announced the suspension of further funding to the...
  • UNRWA said it acted promptly over allegations but that cuts in funding will affect ordinary Palestinians
  • In Gaza people said the support they received from the agency amounted to a lifeline

Qatar says Gaza truce proposal to be sent to Hamas as war rages on

Sheikh Mohammed confirmed that the framework -- which he said might lead to a permanent ceasefire -- includes a phased...
  • Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said "good progress" had been made and the parties were "hoping to relay this proposal to Hamas
  • Israeli Prime Minister Benjamin Netanyahu's office has called the Paris talks "constructive" but pointed to "significant gaps which the parties will continue to discuss"

Saudi envoy to US deplores Western media criticism of women rights in kingdom

Washington D.C., US--– Saudi Arabia's ambassador to the US, Reema Bandar Al-Saud, has expressed disappointment with recent media criticism of...
  • The ambassador, reacting to an opinion piece in the Washington Post, slammed the piece for relying on "outdated stereotypes and western-centric views"
  • She cited inaccuracies in the portrayal of Saudi women as oppressed and devoid of rights and said that the kingdom has made substantial progress in women's rights

We want complete ceasefire, not temporary truce: Hamas

Taher al-Nunu, a senior Hamas official, said his group wanted a "complete and comprehensive ceasefire, and not a temporary truce."...
  • Extensive talks in Paris had resulted in a framework for a phased truce
  • The framework would see women and children hostages released first

Two million people may die in Gaza without world’s help: Turkish foreign minister

Ankara, Turkey - Turkish Foreign Minister Hakan Fidan on Monday expressed serious apprehensions about the escalating situation in the Gaza...
  • Hakan Fidan described the current events as "a tragedy on another scale" and emphasized the need for prompt preventive measures
  • If people in Gaza also begin to die of hunger and disease, it will become a great moral burden that the world will not be able to bear, he said

Israeli troops bulldoze, desecrate Palestinian graves in Gaza

Palestinian Territories - Even the dead are not spared by the Hamas-Israel war raging in Gaza, with bodies dug up...
  • In Gaza City's Al-Tuffah district, shrouded corpses of Palestinians torn from their graves lay atop muddied earth.
  • Israel's military had bulldozed the site and exhumed bodies, according to an AFP photographer who visited it.

Residents of Gaza lament suspension of UN agency funding

Gazans lamented the suspension of funding to the UN agency for Palestinian refugees by several donor countries after Israel charged...
  • Several countries, including the United States, France, Britain, Germany and Japan, have announced the suspension of further funding to the agency.
  • In Rafah, where 1.5 million displaced people have taken refuge, Gazans said that the support they received from the agency amounted to a lifeline.

Iran Guards seize foreign-crewed oil tanker in Gulf: state media

Iran's Revolutionary Guards on Wednesday seized an oil tanker in the Gulf carrying more than a dozen foreign crew members,...

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Trump admin unveils AI strategy to maintain US dominance

The 25-page "America's AI Action Plan" outlines three aims: accelerating innovation, building infrastructure, and leading internationally on AI. Overall, the...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Humans beat AI gold-level score at top maths contest

Sydney, Australia -- Humans beat generative AI models made by Google and OpenAI at a top international mathematics competition, despite...
  • Google and OpenAI models didn't score full marks -- unlike five young people at IMO, a prestigious annual competition where participants must be under 20.
  • Google said Monday that an advanced version of its Gemini chatbot had solved five out of the six maths problems set at the IMO, held in Australia's Queensland this month.

Gaza hospital says 21 children dead from malnutrition and starvation

Gaza's population of more than two million people is facing severe shortages of food and other essentials, with residents frequently...
  • Mohammed Abu Salmiya, the director of Al-Shifa Medical Complex in Gaza, said that new cases of malnutrition and starvation were arriving at functioning hospitals "every moment".
  • "We are heading towards alarming numbers of deaths due to the starvation inflicted on the people of Gaza," he added.

WHO says Gaza facilities attacked as Israel expands operations, calls for ceasefire

WHO chief Tedros Adhanom Ghebreyesus said the Israeli military had entered the UN agency's staff residence, forced women and children...
  • WHO chief Tedros Adhanom Ghebreyesus said the Israeli military had entered the UN agency's staff residence, stripped and interrogated male staff at gunpoint
  • Tedros, who also condemned an attack on the WHO's main warehouse in Deir el-Balah, said: "A ceasefire is not just necessary, it is overdue," he said on X.