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

Israel far-right minister slams Qatar over Hamas attack

Finance Minister Bezalel Smotrich commented after Prime Minister Benjamin Netanyahu was caught on tape allegedly telling hostages' families this week...
  • Qatar is the "patron of Hamas and is largely responsible for the massacre committed by Hamas of Israeli citizens", Finance Minister Bezalel Smotrich said on X
  • Smotrich's remarks come as Biden's Middle East envoy was in the region for talks aimed at brokering a new deal to free the remaining captives in exchange for a pause in fighting

ECB to urge patience on rate cuts in battle against inflation

The central bank is tipped to leave rates unchanged for a third consecutive meeting, keeping the benchmark deposit rate at...
  • Frankfurt institute launched an unprecedented rate hiking cycle in mid-2022
  • ECB watchers will be more interested in president Christine Lagarde's press conference

Clean energy largest driver of Chinese GDP growth in 2023: report

China is the world's biggest emitter of greenhouse gases driving climate change, but it is also the top producer of...
  • Investment in "clean-energy" sectors accounted for 40 percent of China's GDP expansion last year, researchers at the Finland-based CREA said
  • The researchers examined investment in solar power, electric vehicles, energy efficiency, railways, energy storage, electricity grids, wind, nuclear and hydropower

Fighting focuses on Gaza’s Khan Yunis after deadly shelling hits UN shelter

The deadly incident came after the Israeli army said it had encircled the city, where footage released by the military...
  • Wednesday's attack on the UN shelter for displaced people saw the site hit by two tank rounds, killing nine and injuring 75, said Thomas White, the Gaza head of UNRWA
  • US condemned the attack, with State Department spokesman Vedant Patel saying "civilians must be protected and the protected nature of UN facilities must be respected

Bahrain and South Korea seek to bolster economic, parliamentary ties

Manama, Bahrain--Bahrain and South Korea have reviewed ways to enhance diplomatic, economic and parliamentary cooperation and partnership to benefit the...
  • The two sides looked to boost partnership in order to benefit the two countries and contribute to consolidating security, stability, economic growth in the MENA region
  • The South Korean official underscored the deep friendship between the two countries, noting the steady growth of bilateral ties at the political, economic, and parliamentary level

WEF24: Unified approach key to resolve challenges

Unified global solutions are crucial to tackle issues like climate change, AI norms, and economic fragmentation, Khalfan Belhoul of Dubai...
  • Unified global solutions are crucial to tackle issues like climate change, AI norms, and economic fragmentation, Khalfan Belhoul of Dubai Future Foundation tells TRENDS.
  • During interview, Belhoul emphasizes the role of technology as a unifying force and discusses the Foundation's plans for research, development, and international partnerships.

Qatar ‘appalled’ at alleged criticism by Netanyahu

Israeli prime minister accused Qatar of financing Hamas at a meeting this week with the families of hostages held in...
  • Qatar was one of the mediators of a truce deal in November that led to the release of 105 hostages
  • Its foreign ministry spokesman said his country was "appalled by the alleged remarks"

US to discuss troop withdrawal with Iraq soon: report

New York, United States - The United States will begin talks with Iraq on the withdrawal of US troops from...
  • The report said that Washington wants the troop schedule to reflect the current situation in Iraq and the stability of its government and law enforcement agencies
  • But the Iraqi leadership believes that the timeframe of the withdrawal should not be affected by any circumstances

Israeli shelling on UN shelter in Gaza kills nine Palestinians

Palestinian Territories - Tank shelling on a UN shelter on Wednesday killed nine people in Gaza's main southern city of...
  • "Two tank rounds hit building that shelters 800 people - reports now 9 dead and 75 injured," Thomas White, UNRWA's Gaza director, said on X.
  • Teams from UNRWA and the World Health Organization were trying to reach the shelter, which has been blocked for two days, White said.

Yemen-based Houthis fire missiles at ships in Red Sea, says US

Yemen's Iran-backed Houthi rebels fired three missiles at two merchant ships in the Red Sea in their latest attack in...
  • One missile missed its target and a US Navy destroyer shot down the other two, National Security Council spokesman John Kirby said.
  • The continuing Houthi action "means we're obviously still going to have to do what we have to do to protect that shipping," he said.

As diplomats gather in Miami, Kremlin denies three-way US-Ukraine-Russia talks in preparation

The Kremlin on Sunday denied that three-way talks between Ukraine, Russia and the United States were on the cards, as...

Company News

Latest News

European powers plan fresh nuclear talks with Iran

Berlin, Germany -- Britain, France and Germany are planning to hold fresh talks with Iran on its nuclear programme in...

Global gas flaring surges again, costs $63bn in lost energy: WB

Washington, UAE -- Global gas flaring surged for a second year in a row, wasting about $63 billion in lost...

Syrian govt says fighting in Sweida halted after tribal forces pull out

Druze fighters had pushed out rival armed factions from the city on Saturday, a monitor said, after the government ordered...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Restoring sea floor after mining may not be possible, researchers warn

Kingston, Jamaica -- Scientists present at the latest effort to hash out international rules for deep-sea mining say it's unclear...
  • The sea floor is a coveted frontier for companies and countries eager to access minerals that are in high demand for emerging technologies such as electric cars.
  • Particularly coveted are potato-sized nodules containing cobalt, nickel, copper and manganese, that are found in abundance on the seabed in the central Pacific Ocean.

Ceasefire order fails to halt fighting in Syria’s Druze heartland

Sweida, Syria - Syrian Bedouin and their allies fought Druze fighters in the community's Sweida heartland for a seventh day...
  • AFP correspondents reported clashes in the west of the provincial capital as Druze fighters battled armed Bedouin supported by tribal gunmen from other parts of Syria
  • The interior ministry announced that internal security forces had begun deploying in Sweida province and AFP correspondents saw them manning checkpoints

Israeli fire kills 39 and wounds more than 100 Gazans near two aid centers

UN has said it had recorded 875 people killed in Gaza while trying to get food, including 674 in the...
  • The World Food Programme said nearly one in three people in Gaza were not eating for days at a stretch and "thousands" were "on the verge of catastrophic hunger".
  • Civil defense agency spokesman Mahmud Bassal said the deaths happened near a site southwest of Khan Yunis and another center northwest of Rafah