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

‘Multilateral cooperation remains crucial for peace’

"The UAE’s priority (amid the ongoing Gaza conflict) is to work towards reaching a ceasefire, safeguarding the lives of civilians,...
  • UAE Minister Khalifa Shaheen Almarar emphasizes on multilateralism, cooperation, and adherence to international law and UN Charter.
  • Almarar also highlight of the UAE's relief efforts in Gaza and contributions as a non-permanent UN Security Council member.

Israeli protesters demand return of hostages, elections

Demonstrators marched through the city's Habima Square, a frequent protest site, with some carrying signs calling Netanyahu "the face of...
  • Netanyahu is under intense pressure to secure the return of the hostages seized by Hamas
  • A father of one of the hostages said Netanyahu's war cabinet was heading for disaster

Iran vows revenge after Guards die in Israeli strike

Iran's President Ebrahim Raisi vowed not to let the "cowardly assassination" go unanswered. Israel has been blamed for intensifying strikes...
  • Tehran said it lost five members in the strike that it blamed on Israel
  • Media reports from Iran say that one of the dead was General Sadegh Omidzadeh,

US-led coalition base in Iraq hit by missiles

Al-Asad airbase was targeted by 15 rockets" fired from Anbar province, which is home to the military base, an Iraqi...
  • A US defense official confirmed that "missiles impacted Al-Asad airbase", adding that a joint damage assessment was under way with coalition and Iraqi forces.
  • The attack on the air base comes amid soaring tensions in the Middle East following the outbreak of the Israel-Hamas war on October 7.

NASA loses contact with its mini-helicopter on Mars

WASHINGTON, US - NASA has lost contact with its tiny helicopter Ingenuity during the hard-working craft's 72nd flight, the space agency...
  • In a post on X, NASA's Jet Propulsion Laboratory added that Perseverance was temporarily "out of line-of-sight with Ingenuity.
  • NASA has lost contact with the helicopter before, including for an agonizing two months last year.

Hamas rejects US president’s comment on two-state solution

A senior Hamas official dismissed comments by US President Joe Biden about the possibility of Israel agreeing to the establishment...
  • "The illusion that Biden is preaching about a state of Palestine and its characteristics does not fool our people," a Hamas member said.
  • The call between Biden and Netanyahu came a day after the Israeli leader said he opposes allowing Palestinian sovereignty.

Iran launches research satellite, says minister

Iran's Revolutionary Guards launched a research satellite, a minister said, putting it into a higher orbit in a milestone for...
  • "The Soraya satellite of the Iranian Space Organization... was successfully launched with the Ghaem-100 satellite carrier of the Islamic Revolutionary Guard Corps," a report said
  • It cited Telecommunications Minister Issa Zarepour as saying that the satellite, which weighs about 50 kilograms (110 pounds), was put in orbit 750 kilometers above Earth

US carries out fresh strikes against Yemen’s Houthis

Washington is seeking to reduce the Iran-backed Houthis' capabilities, but the Yemeni rebels are still able to attack despite a week...
  • The air campaign against the Houthis began last week with American and British strikes on nearly 30 sites in Yemen using more than 150 munitions
  • Washington is also seeking to put diplomatic and financial pressure on the Houthis, re-designating them as a "terrorist" entity

5 dead in Israel strike on Syria targeting ‘Iran-aligned leaders’: monitor

The mid-morning strike, which caused a large plume of smoke to billow into the sky, was also reported by Syrian...
  • Targeted neighborhood is known to be a high-security zone home to leaders of Iran's IRGC and pro-Iran Palestinian factions
  • "They were for sure targeting senior members" of those groups, said Observatory director Rami Abdel Rahman

Israel to allow flour shipments for Gaza through key port: US

Three UN agencies -- the World Food Program (WFP), UNICEF and the World Health Organization (WHO) -- pushed for the...
  • The move comes days after the UN called on Israel to allow access to the port for the urgent delivery of humanitarian aid for Gaza
  • US teams would "separately work on options for more direct maritime delivery of assistance into Gaza," the Whit House statement said

Gazans mourn six killed in Israeli shelling on shelter

Gaza's civil defence agency, which operates as a rescue force under Hamas authority, initially said on Friday that the Israeli...

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Israeli tank shell strikes Gaza’s only Catholic church, killing three

Pope Leo XIV said he was "deeply saddened" by the loss of life, which a witness said was the result...

Explosive-laden drones hit three oil fields in Iraq’s Kurdistan region

Kurdistan has seen a spate of unclaimed drone attacks, which have come as the regional government and the federal authorities...

Syria says agreement reached to halt military operations in Sweida

Syria said a new ceasefire reached on Wednesday in the Druze-majority city of Sweida will bring a complete halt to...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Summit on Palestinian statehood planned for Sept in Paris or New York

The conference, co-chaired by France and Saudi Arabia, was originally planned for mid-June to revive work on the long-standing diplomatic...
  • The meeting, which would be at ministerial level, would seek to "advance the recognition of a Palestinian state for a certain number of states who have not yet recognized it."
  • But it would also work "on normalization and Israel's regional integration with Arab and Muslim countries."

Israel launches strikes in Syria’s Druze area in defence of religious minority

Israel has sought to portray itself as a defender of the community, while also warning the Syrian government against maintaining...
  • Damascus deployed troops to the area after clashes between Druze fighters and Bedouin tribes killed many people, with Syria's defence minister declaring a truce in Sweida city
  • Residents, however, told AFP the announcement had little discernible effect on the ground, accusing government troops and their allies of rampaging through Druze neighbourhoods

Divided EU leaves action against Israel on Gaza ‘on table,’ if humanitarian situation does not improve

The measures range from suspending the entire accord or curbing trade ties to sanctioning Israeli ministers, imposing an arms embargo...
  • EU foreign policy chief Kallas has put forward 10 potential options after Israel was found to have breached a cooperation deal between the two sides on human rights grounds
  • The measures range from suspending the entire accord or curbing trade ties to sanctioning Israeli ministers, imposing an arms embargo and halting visa-free travel