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

Lebanese media says four Hizbollah fighters killed in Israeli strike

Beirut, Lebanon - Four Hizbollah fighters were killed overnight in southern Lebanon, the Iran-backed movement announced on Thursday, in what Lebanese...
  • A source close to Hizbollah said that the four were killed in Naqura near the Israeli border.
  • Hizbollah leader Hassan Nasrallah warned Israel in a speech against starting a war in Lebanon.

UAE participates in UN Peacekeeping Ministerial Meeting in Ghana

ACCRA, GHANA - A United Arab Emirates delegation led by Dr. Rashed Ali Al Kaabi, Assistant Minister of Foreign Affairs...
  • The ministerial meeting was the first in Africa with previous sessions taking place in the US, the UK, Canada and the Republic of Korea.
  • The UAE delegation head held several meetings with the heads of attending delegations, including France, the UK, Bangladesh and others.

Private sector funding key to climate transition: World Bank

The World Bank raised its target for climate-related projects from 35% of its annual financing to 45%. Given that the...
  • On Wednesday, Banga repeated a previous pledge to "fix the plumbing" of World Bank
  • World Bank estimated that developing countries will need an average of $2.4trn each year

Gaza zoo bears scars of war as animals die of starvation

Rafah, Palestinian Territories--Hunger is everywhere at Rafah zoo, in Gaza's far south, as internally displaced Palestinians seek shelter from the war...
  • The WHO has warned of the risk of famine and disease as only a minimal amount of aid enters the Gaza Strip
  • The zoo keeper said one lioness gave birth and the cubs died soon afterwards as there was no proper food for them

US imam shot outside New Jersey mosque dies

The Essex County prosecutor, Ted Stephens, confirmed Hassan Sharif was shot more than once, and that "it does not appear...
  • Hassan Sharif was shot multiple times near a mosque in Newark, just west of New York, before being taken to hospital where he later died, New Jersey Attorney General said
  • United States Transportation Security Administration (TSA) earlier confirmed that Sharif had worked as a security screener at Newark airport since 2016

Iran blames Israel, US for deadly blasts near grave of Guards general Soleimani

The two explosions -- labelled a "terrorist attack" by state media and regional authorities -- came amid high Middle East...
  • Iran's supreme leader Ayatollah Ali Khamenei blamed "evil and criminal enemies" of the country for the attack and vowed a "harsh response"
  • Iran ally Hamas denounced the "criminal attack" while the Saudi foreign ministry in Riyadh voiced "solidarity with Iran in this painful event"

Situation in Red Sea is direct projection of developments in Gaza: Russian diplomat

"I think that hardly anyone of our counterparts will deny the fact that developments in the Red Sea are the...
  • Russia has concerns regarding "the state of affairs in the Red Sea area, Nebenzya said adding trade routes passing through it are a critical artery for international commerce
  • Twelve nations led by the United States on Wednesday jointly warned Yemen's Houthi rebels of unspecified consequences unless they immediately halt sea attacks

Revealed: Epstein’s 150 high-profile connections

The unsealing of around 1,000 pages of documents stems from a defamation lawsuit between Ghislaine Maxwell and Virginia Giuffre, offering...
  • Notably included in the unsealed documents, which include almost 1,000 pages of depositions and statements, were former US presidents Bill Clinton and Donald Trump
  • The list of around 150 people include a host of Epstein associates previously identified as John or Jane Does in a lawsuit brought against Epstein's former mistress, Ghislaine Maxw

US top diplomat to leave on new Middle East crisis trip

Antony Blinken will leave Washington on Thursday evening on a trip that will include Israel, marking his fourth trip to...
  • An Israeli strike killed a top Hamas leader in Lebanon, raising fears of a wider war
  • The Biden administration has backed Israel both with public and diplomatic support

Turkey detains 56 high-priority suspects wanted by 18 countries

The detained people were wanted in the United States, Germany, India, and several former Soviet republics as well as other...
  • Interior Minister Ali Yerlikaya said the suspects were listed on Interpol's "red notice" on "diffusion message" systems
  • Yerlikaya's office did not disclose names, noting only that the suspects were rounded up in coordinated security sweeps

Israel says Hamas ‘will be disarmed’ after group proposes weapons freeze

Israel said Thursday that Hamas "will be disarmed" as part of the US-sponsored peace plan for Gaza, after a top...

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Russia brushes off talks after largest ever drone and missile barrage on Ukraine

Russia on Friday said that it sees no immediate diplomatic way out of the war in Ukraine, hours after pummelling...

Trump to sign ‘big, beautiful’ bill on US Independence Day

Trump pushed Republican lawmakers to get his unpopular "One Big Beautiful Bill" through a reluctant Congress in time for him...

Over 500 killed around US and Israel-backed aid distributions in Gaza: UN

The United Nations and major aid groups have refused to cooperate with the Israel-backed Gaza Humanitarian Foundation over concerns it was designed...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Iran announces opening of its airspace after war: state media

Iran announced Thursday that it has reopened its airspace, including over Tehran, after closing it on June 13 due to...
  • Tehran's Mehrabad and Imam Khomeini international airports, as well as those in the north, east, west and south of the country, have been reopened and are ready to operate flights
  • Domestic and international flights from all airports across the country -- except those in Isfahan and Tabriz -- will operate between 5:00 am and 6:00 pm, authorities said

Russia becomes first country to recognise Taliban

Afghanistan's government said on Thursday that Russia had become the first country to officially recognise its rule, calling it a...
  • The announcement came after a meeting between Afghanistan's Foreign Minister Amir Khan Muttaqi and Russia's ambassador to Afghanistan, Dmitry Zhirnov, in Kabul
  • Moscow's special representative for Afghanistan, Zamir Kabulov, told the Russia's state news agency Ria Novosti that the government had "recognised" the Taliban government

Trump says ‘didn’t make any progress’ with Putin on ending Ukraine war

US President Donald Trump said he made no progress with Vladimir Putin on ending the Ukraine war in a call...
  • Trump's grim assessment came as US-led peace talks on ending the more than three-year-old conflict in Ukraine have stalled, and after the US paused some weapons shipments to Kyiv
  • "It was a pretty long call, we talked about a lot of things including Iran, and we also talked about the war with Ukraine. And I'm not happy about that," Trump told reporters