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

WHO urges Israel to allow aid delivery in ‘indescribable’ Gaza

"Delivering humanitarian aid in Gaza continues to face nearly insurmountable challenges," WHO chief Tedros Adhanom Ghebreyesus told a press conference....
  • Ghebreyesus said that WHO teams have had to cancel six planned missions to northern Gaza since December 26 due to lack of assurances of safe passage.
  • "People are standing in line for hours for a small amount of water, which may not be clean, or bread, which alone is not sufficiently nutritious," he said.

Germany resumes arms exports to Saudi Arabia after 5 years

Berlin has loosened its stance on weapons exports to the kingdom recently, with the government praising Saudi Arabia's "constructive approach"...
  • Government spokesman Steffen Hebestreit confirmed a report that Berlin gave a green signal for the export of 150 Iris-T air-to-air missiles to Saudi Arabia.
  • The newly approved Iris-T missiles could "be fired from aircraft at airborne targets, that is to say missiles, drones and so on", he said.

India’s Russian oil imports fall to 11-month low as price cap rises

Indian refiners bought 1.45 million barrels per day of Russian oil last month, their lowest amount since last January and...
  • Since the invasion of Ukraine nearly two years ago, India has bought hundreds of millions of barrels of cut-price Russian crude, saving itself billions of dollars
  • But the price of Russian crude has risen in the face of OPEC+ production cuts and increased demand from China, analysts say, making it less attractive to Indian customers

Blinken tells Abbas US backs ‘tangible steps’ for Palestinian state

Blinken "underscored the United States' position that all Palestinian tax revenues collected by Israel should be consistently conveyed to the...
  • Palestinian statehood was anticipated following the Oslo Accords of the 1990s but talks have been moribund for years
  • As part of efforts to stabilize the territory, Blinken called on Israel to hand over revenues owed to the Palestinians in full

Palestinian journalist freed from Israeli custody abused: report

Footage of the men, including Kahlout, stripped down to their underwear, with some of them appearing to hand over weapons,...
  • Diaa al-Kahlout, who was among dozens of Palestinians shown detained by Israeli troops and stripped to their underwear in Gaza, had been released
  • Paris-based media watchdog RSF has said following his arrest the journalist was briefly held in Eshel prison in Israel and was subjected to torture

Jordan king to host Sisi, Abbas for Gaza talks: palace

King Abdullah, in a meeting Sunday with US Secretary of State Antony Blinken, called on the United States to press...
  • The meeting will be held in the Red Sea resort of Aqaba as part of "Jordan's efforts to coordinate Arab positions to push for an immediate ceasefire in Gaza"
  • The three leaders would also discuss on "the situation in the West Bank" as the region has witness deadly violence by Israeli forces and the settlers

International forces respond to drone reports in Red Sea: UK agency

The Houthi rebels say they are acting in support of Hamas, targeting Israel and Israeli-linked vessels to push for a...
  • The agency said the incident had taken place about 50 nautical miles west of Yemeni port
  • Houthis have launched more than 100 drone and missile attacks on targets in Israel and the Red Sea

UAE and Azerbaijan presidents pledge to boost ties

Baku, Azerbaijan-- The UAE and Azerbaijan have discussed ways to enhance cooperation in renewable energy, environmental protection, culture, education, and...
  • The two countries resolved to ramp up ties in economics, development, renewable energy, environmental protection, culture, education, and other areas
  • The meeting between the two presidents also addressed the upcoming UN Climate Change Conference (COP29) to be hosted by Azerbaijan this year

Hizbollah targets Israeli base in revenge attack

In a statement, Hizbollah said that it targeted the "enemy's northern command centre" in the Israeli city of Safed with...
  • Israel said that a "hostile aircraft" had crashed at one of its bases in the north
  • Violence has killed more than 185 people in Lebanon, including 140 Hizbollah fighters

Top global leaders to attend WEF meet amid Gaza, Ukraine war

Paris, France - US Secretary of State Antony Blinken, Israeli President Isaac Herzog and Middle East leaders will attend a World...
  • Blinken and US National Security Advisor Jake Sullivan will be among 2,800 participants at the forum, including more than 60 heads of state and government.
  • Argentina's libertarian new president, Javier Milei, French President Emmanuel Macron and Chinese Premier Li Qiang will also participate in the forum.

Global coal demand expected to hit record in 2025: IEA

In its annual report on the coal industry, the International Energy Agency said demand was on course to rise by...

Company News

Latest News

Trump says ‘no extensions’ to Aug 1 tariff deadline

While Trump imposed a sweeping 10 percent tariff on goods from almost all trading partners in April, higher rates customized...

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...

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

Most Read

Trump hosts Netanyahu in push for Gaza deal, says Hamas too willing to end the conflict

Netanyahu's third visit since Trump's return to power comes at a crucial time, with the US president hoping to capitalize...
  • Netanyahu's third visit since Trump's return to power comes at a crucial time, with the US president hoping to build on the momentum from a recent truce between Israel and Iran
  • "I don't think there is a hold up. I think things are going along very well," Trump told reporters at the start of the dinner when asked what was preventing a peace deal

US revoking terrorist designation for Syria’s HTS

An armed coalition led by HTS leader Ahmed al-Sharaa overthrew then-Syrian president Bashar al-Assad in December, ending half a century...
  • The former fighter's rule as interim president has been cautiously welcomed in Washington, Europe and elsewhere, with Israel seeking to build ties with the new government.
  • US President Donald Trump last week formally dismantled US sanctions against Syria, saying he hoped to reintegrate the war-battered country into the global economy.

Use of eco-friendly rice bricks surges in water-scarce Kyrgyzstan

Rice blocks require less cement, which is responsible for approximately eight percent of global carbon dioxide emissions, according to 2023...
  • Nursultan Taabaldyev is one of the pioneers of the technology in Central Asia hailed as an environmentally friendly alternative to water-intensive concrete.
  • They are "made of 60 percent rice husks. The rest is clay, cement and a chemical-free glue," Taabaldyev told AFP.