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

Gaza devastated and ‘largely depopulated’ as war nears 100 days

GAZA, PALESTINIAN TERRITORIES - Bombed-out neighborhoods, mass graves dug in the sand, spreading hunger and disease -- as the bloodiest...
  • Many thousands of strikes have rained down on the long-blockaded and densely populated Mediterranean coastal strip
  • Much of northern Gaza has been reduced to a dusty wasteland and largely depopulated as Israeli troops have launched ground invasion

McIlroy surges into two-shot lead at Dubai Invitational

DUBAI, UAE -  Rory McIlroy kicked off his year with a sparkling nine-under-par 62 to take a two-stroke lead after the...
  • The world number two is playing his first event since the DP World Tour Championship last November.
  • McIlroy made headlines earlier this week when he claimed a "world tour" was his "dream scenario" for golf.

NEOM announces Aquellum as futuristic lifestyle community

NEOM, SAUDI ARABIA - The Board of Directors of NEOM has announced Aquellum, a luxury and experiential space embedded within...
  • Aquellum is hidden within a breathtaking 450-meter-high mountain range.
  • The subterranean digitalized community creates vibrancy and interconnectivity.

Israel bombs Gaza as Blinken says no regional escalation

As Blinken wrapped up a whistlestop tour of the region, the International Court of Justice (ICJ) heard arguments in a...
  • In Cairo, Blinken met with Egyptian President Abdel Fattah al-Sisi, a key mediator in efforts to end the war sparked by Hamas's October 7 attacks on Israel.
  • Blinken outlined a possible post-war future for Gaza on Wednesday after meeting Palestinian president Mahmud Abbas.

Saudi Arabia signs MoUs with four countries for development in mining industry

RIYADH, SAUDI ARABIA – The Ministry of Industry and Mineral Resources has signed four Memorandums of Understanding (MoUs) with the...
  • The roundtable highlighted the need for governments and industry to achieve economic and social development for local communities.
  • A total of 79 governments, 13 international organizations, 15 NGOs and seven business associations took part in the roundtable.

Iran’s navy seizes oil tanker off Oman in dispute with US

The announcement came hours after a British-navy maritime security agency said armed men boarded the Greek-owned, Marshall Islands-flagged St Nikolas...
  • Iran has responded with tit-for-tat measures in the past after seizures of Iranian oil shipments. US sanctions target Iranian oil sales in a bid to reduce Iran's energy exports.
  • The Islamic republic has been under crippling US sanctions reimposed following Washington's 2018 withdrawal from a landmark nuclear deal.

South Africa accuses Israel of genocide at top UN court

A world away from the death and destruction in Gaza and Israel, robed lawyers battled it out over technical legal...
  • South Africa has lodged an urgent appeal at the International Court of Justice (ICJ) to force Israel to "immediately suspend" its military operations in Gaza
  • Top lawyer for South Africa Adila Hassim said Israel's bombing campaign aimed at the "destruction of Palestinian life" and had pushed Palestinians "to the brink of famine"

EU court’s adviser says $2.6bn fine on Google be upheld

Google suffered a legal blow at the European Court of Justice when the body's adviser recommended that a US$2.6 billion...
  • The opinion will feed into a legal battle Google has been waging to overturn the fine the European Commission hit it with in 2017.
  • The commission determined that Google abused its dominant position by favoring its own Google Shopping service.

Israel army claims two journalists slain in Gaza strike were ‘terror operatives’

Israeli army said Mustafa Thuria was identified in a document found by troops in Gaza to be a member of...
  • Hamza Wael Dahdouh and Mustafa Thuria, who also worked as a video stringer for AFP and other news organizations, were killed on Sunday
  • The Israeli army said that both the deceased journalist were members of Gaza-based fighters organizations actively involved in attacks against IDF

Chinese foreign minister to visit Egypt, Tunisia this week: ministry

Wang's overseas travel will coincide with another trip abroad by a top Chinese official, Premier Li Qiang, this week. Li...
  • Wang's visit to Egypt will follow that of US Secretary of State Antony Blinken, who is set to meet President Abdel Fattah al-Sisi in Cairo
  • China has historically been sympathetic to the Palestinian cause and supportive of a two-state solution to the Israeli-Palestinian conflict

Trump imposes full travel bans on seven more countries, Palestinians

Other countries newly subjected to the full travel ban came from some of Africa's poorest countries -- Burkina Faso, Mali,...

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Trump holds fresh talks with Netanyahu to end Gaza ‘tragedy’

Donald Trump and Benjamin Netanyahu met for the second time in 24 hours Tuesday as the US president intensified the...

Iran FM holds talks with Saudi Crown Prince after Tehran’s ceasefire with Israel

Saudi Prince Mohammed bin Salman said his country hoped the truce would contribute to regional stability, and emphasised Riyadh's position...

UN experts warn of torture risk as US deports migrants to third countries

Geneva, Switzerland -- UN experts decried Tuesday the US resumption of migrant deportations to third countries, including to war-torn South...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

AI needs to be smaller, reduce energy footprint: UNESCO study

Paris, France -- The potential of artificial intelligence is immense -- but its equally vast energy consumption needs curbing, with...
  • OpenAI CEO Sam Altman recently said that each request sent to ChatGPT consumes on average 0.34 Wh of electricity, which is 10-70 times a Google search.
  • UNESCO calculated that AI energy demand is doubling every 100 days as generative AI tools become embedded in everyday life.

Five IDF soldiers killed, 14 injured in roadside bombing in Northern Gaza

Five Israeli soldiers were killed and 14 others injured late Monday night when a roadside bomb exploded during an ongoing...
  • The incident occurred around 10 p.m. as infantry soldiers on foot patrol were hit by an explosive device planted along a road
  • The attack took place during an operation led by the Gaza Division’s Northern Brigade and the 646th Reserve Paratroopers Brigade

US to send ‘more weapons’ to Ukraine, after last week’s halt to shipments: Trump

US President Donald Trump said Monday the United States will send additional weapons to Ukraine, after the White House announced...
  • "We're going to have to send more weapons -- defensive weapons primarily," Trump told journalists at the White House
  • "They're getting hit very, very hard," he said of Ukraine, while saying he is "not happy" with President Vladimir Putin