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

Iraq recalls Iran envoy in rebuke to ally over deadly strikes

Iran's Revolutionary Guards said they had destroyed the "Zionist regime's spy headquarters in the Kurdistan region of Iraq." The strike...
  • Iraq challenged Iran's claim that the strikes targeted Israel's intelligence services in response to recent Israeli assassinations of Iranian and pro-Iranian commanders
  • Iran defended its missile strikes in Iraq and Syria, saying they were a "targeted operation" and "just punishment" against those who breach the Islamic republic's security

Intensive phase of war in south Gaza ‘will end soon’: Gallant

Israel had four divisions operating in Gaza before Monday's announced withdrawal, though it was unclear how many soldiers were involved...
  • The army had stepped up military operations in the Khan Yunis and Rafah in recent weeks
  • It said an entire division of soldiers had completed their withdrawal from Gaza on Monday

Iran Guards hit ‘terrorist’ targets in Iraq, Syria

The IRGC also hit targets in Syria with ballistic missiles, including the "gathering places of commanders and main elements related...
  • The attacks destroyed "a spy headquarters" and a "gathering of anti-Iranian terrorist groups" in Arbil, the capital of Iraqi Kurdistan, IRGC said
  • Four people including prominent businessman Peshraw Dizayee were killed and six others wounded in the attack, according to Iraq's Kurdistan security council

Big win in Iowa moves Trump closer to Biden re-match

The extent of his victory demonstrated the 77-year-old's success in turning his prosecutions into a rallying cry that has galvanized...
  • The former president has led polling for more than a year, but the contest offered the clearest insight yet into his ability to convert that advantage into a White House return
  • Major US networks took just half an hour to call the race, with Trump taking 51 percent of the vote and opening an unprecedented 30-point gap over Ron DeSantis

Iran, India reach final agreement on Chabahar Port

Tehran, Iran – Iran and India on Monday finalized an agreement for the development of the strategic Chabahar port in...
  • Chabahar Port, Iran's sole oceanic port on the Gulf of Oman, holds strategic importance both strategically and economically
  • In May 2016, India, Iran, and Afghanistan signed a trilateral agreement for the Chabahar port, facilitating New Delhi's access to Kabul and Central Asia

Turkish strikes leaves hundreds of Syrian villages without electricity

Qamishli, Syria - Hundreds of northeast Syrian villages and towns have lost power after Turkish strikes pounded electricity stations and infrastructure,...
  • The Kurdish administration said Turkey launched a slew of strikes since Friday, mostly concentrated on infrastructure including power stations and oil refineries
  • The semi-autonomous Kurdish administration listed hundreds of villages and towns facing blackouts due to the Turkish strikes in a statement Monday

Iran asks US and Britain to ‘stop war against Yemen’

Tehran, Iran - Iran urged on Monday the United States and Britain to "stop the war against Yemen" following their recent...
  • "We warn America and Britain to stop the war against Yemen immediately," said Iran's Foreign Minister Hossein Amir-Abdollahian
  • The Houthis, who control large swathes of Yemen including the capital Sanaa since 2014, are part of a Tehran-aligned "axis of resistance" against Israel and its allies

EU worried Red Sea attacks could spark inflation

European Union economy commissioner Paolo Gentiloni warned that violence in the Red Sea sparked by Houthi attacks on shipping could...
  • Gentiloni said that "what is happening in the Red Sea... is not for the moment apparently creating consequences on energy prices and inflation".
  • Tensions in the Red Sea have soared after the United States and Britain carried out strikes on Houthi rebels in Yemen.

Gaza war deaths top 24,000 as UN chief calls for ceasefire again

Bringing food and supplies to the besieged population of Gaza, which is increasingly at risk of famine, also depends on...
  • In a statement released with the video, Hamas said "the Zionist army's bombing" was responsible for the death of two male hostages.
  • King Abdullah II of neighboring Jordan warns that continuing Israeli attacks could cause the conflict to expand across the region.

UN wants $4.2 billion for Ukraine’s humanitarian aid in 2024

"Remember Ukraine?" UN aid chief Martin Griffiths asked as he launched the plan in Geneva. "Please do not forget Ukraine...
  • Russia's war in Ukraine is set to enter its third year in February and the UN said it was vital to maintain support to millions affected by war
  • The UN hopes to reach 8.5 million people within Ukraine and 2.3 million refugees and their host communities in eastern Europe

Lebanese, Israeli officials discuss Hezbollah disarmament, security in border areas: PM office

Israel said a Friday meeting involving civilian and military representatives from both Lebanon and Israel was part of broader efforts...

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Russia’s Lavrov visits Beijing to discuss Ukraine

Russian Foreign Minister Sergei Lavrov met Sunday in Beijing with his Chinese counterpart to discuss Ukraine and relations with the...

Gaza civil defence says Israeli strikes kill 43 as truce talks deadlocked

On the ground, civil defense agency spokesman Mahmud Bassal said at least 43 people were killed in the latest Israeli...

UAE extradites 3 suspects to Belgium over alleged organized crime links

Dubai, United Arab Emirates -- Police in Dubai said three individuals accused of a litany of crimes, including drugs and...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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UN says hundreds killed in recent weeks while seeking aid in Gaza

There are frequent reports of Israeli forces firing on people seeking aid, with Gaza's civil defence agency saying 10 Palestinians...
  • Friday's reported violence came as negotiators from Israel and the Palestinian militant group Hamas were locked in indirect talks in Qatar to try to agree on a temporary ceasefire
  • Israel's Prime Minister Benjamin Netanyahu said Thursday he hoped a deal for a 60-day pause in the war could be struck in the coming days

Israel’s aid blockade leaves Gaza’s pregnant women hungry and at risk

Like most women at the Gaza City hospital where she attends her pregnancy check-ups, Fatima Arafa's face looks fatigued, a...
  • With the war in Gaza now in its 22nd month and Israel only slightly easing an aid blockade, shortages of everything from food to clean water have hit pregnant women
  • "I am in my sixth month and I can't provide the basic minimum needs to complete this pregnancy," Arafa told AFP before returning to the makeshift camp

Released pro-Palestinian protest leader sues Trump for $20 mn

Mahmoud Khalil, one of the most prominent leaders of US pro-Palestinian campus protests, sued the Trump administration Thursday for $20...
  • Khalil, a legal permanent resident in the United States who is married to a US citizen and has a US-born son, had been in custody following his arrest in March
  • The 30-year-old was freed from a federal immigration detention center in Louisiana last month, hours after a judge ordered his release on bail