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

UAE MoD ink deals worth $517m in first two days of UMEX and SimTEX 2024

ABU DHABI, UAE - On the second day of the sixth edition of UMEX and SimTEX 2024, the accumulated value...
  • The second day of the event witnessed announcement of five deals signed by the Tawazun Council.
  • The total number of local contracts on the second day of UMEX and SimTEX 2024 reached five contracts.

NATO kicks off biggest military exercise since Cold War

The Western military alliance has said some 90,000 troops will take part in the months-long Steadfast Defender 24 exercise designed...
  • The exercise -- the biggest since the 1988 Reforger drill during the Cold War -- comes as NATO has overhauled its defenses since Russia launched its invasion of Ukraine in 2022
  • The alliance has dispatched thousands of troops to its eastern flank and drawn up most extensive plans since collapse of the Soviet Union to protect itself from a Russian attack

EU plans measures to protect sensitive technology from China

The European Union unveiled plans to strengthen the bloc's economic security including measures to protect sensitive technology from falling into...
  • The fallout from the war in Ukraine hit Europe particularly hard, forcing the bloc to find alternative energy sources.
  • Now, it wants to avoid a similar over-reliance on China, which dominates in green technology production and critical raw materials.

Israel destroys Palestinian home in occupied West Bank

Basil Shehadeh was arrested on suspicion of helping two other Palestinians carry out the deadly shooting at a petrol station...
  • "The family were evacuated from the three-storey building, then the second floor of the building was blown up," village council secretary Adel al-Amer told AFP
  • "This demolition followed the destruction of the residences belonging to other terrorists involved in the same attack," the army told AFP in a statement

Thousands trapped as Israeli troops surround hospitals in Khan Yunis

"Heavy fighting is reported in proximity to hospitals in Khan Yunis, including Al-Aqsa, Nasser and Al-Amal, with reports of Palestinians...
  • In Gaza City, people displaced by the war said they were stuck in a new conflict zone without provisions.
  • "They besieged us in the camp and brought us here, and even here, the shelling continued," Umm Dahud al-Kafarna, originally from Beit Hanun, told AFPTV.

QatarEnergy says Red Sea attacks ‘may impact’ gas shipments

The state-owned giant confirmed in a statement that "Qatar's LNG production continues uninterrupted, and our commitment to ensuring the reliable...
  • Earlier this month, Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said LNG shipments would be affected, like other merchant shipping, by the Houthi strikes.
  • His intervention came amid reports of at least five LNG vessels operated by Qatar stopping en route to the Red Sea.

Two Tunisian teenage migrants die in shipping container

Last week, the national guard announced the disappearance at sea of about 40 Tunisians who left from Sfax province, on...
  • The two minors were part of a group of four young people trying to migrate irregularly, spending around eight hours in the cold container
  • The two surviving members of the group were hospitalized and are "in a stable condition", according to the director of civil protection for the Tunis region

Two dead in US strikes against Iran-backed armed groups in Iraq

The US strikes come against an already explosive regional backdrop, fueled by the war in Gaza between Washington's ally Israel...
  • The strikes came just days after US troops in western Iraq were targeted with ballistic missiles and rockets in an attack the Pentagon blamed on militants supported by Tehran
  • According to Iraqi sources, US strikes targeted Ketaeb Hizbollah in the Jurf al-Sakhr area south of the capital Baghdad, as well as in the Al-Qaim region on the border with Syria

Iran’s Raisi flies to Turkey for delayed Gaza talks

Planned talks in Ankara in early January were called off when twin blasts claimed by IS group jihadists killed 89...
  • Raisi's visit to Turkish President Recep Tayyip Erdogan comes with the war in Gaza starting to enflame tensions and escalate fighting across the Middle East
  • The Turkish presidency said the two leaders would appear at a press conference after holdings talks and chairing a meeting of their top ministers during the one-day visit

US strikes two Houthi missiles in Yemen: military

US and Britain have carried out two rounds of joint strikes aimed at reducing the Houthis' ability to target shipping,...
  • CENTCOM said the missiles were aimed into the Southern Red Sea and ready to be fired
  • Houthis began striking Red Sea shipping in November in solidarity with Palestinians in Gaza

Israel’s security cabinet approves 19 new settlements in West Bank, a move to scuttle ‘a Palestinian state’

The decision brings the total number of settlements approved over the past three years to 69, according to a statement...

Company News

Latest News

Thai wildlife hospital treats Sunbears, elephants

Edwin Wiek founded Wildlife Friends Foundation Thailand (WFFT) facility in 2001 with two macaques and a gibbon. It now spans...

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...

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

Most Read

New clashes rock Syria’s Druze heartland as tribal fighters reinforce Bedouin

Armed tribes supported by Syria's Islamist-led government clashed with Druze fighters in the community's Sweida heartland on Friday, a day...
  • The United Nations called for an end to the "bloodshed" and demanded an "independent" investigation of the violence, which has claimed nearly 600 lives since Sunday
  • It was Sharaa who ordered government forces to pull out, saying that mediation by the United States and others had helped avert a "large-scale escalation" with Israel

Hamas armed wing says Israel blocking ceasefire and hostage release talks

The armed wing of the Palestinian militant group Hamas on Friday accused Israel of blocking a deal in talks for...
  • Negotiators from both sides have been in indirect talks in Qatar since July 6 to try to agree on a 60-day truce in the conflict, which would see 10 captives freed.
  • But after nearly two weeks, there has been no breakthrough and each side has blamed the other for refusing to budge on their key demands

Iraq says drones that struck military radar are foreign-made, doesn’t identify perpetrators

Sabah al-Numan, the military spokesman for the prime minister, said that Iraq identified "the origin of the drones used in...
  • On June 24, the Iraqi government said that several small suicide drones targeted multiple Iraqi military sites and bases, including the radar systems at Camp Taji
  • Sabah al-Numan, the military spokesman for the prime minister, said that Iraq identified "the origin of drones used in the attacks," adding that they were "equipped with warheads