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

UNSC committee adopts guiding principles on use of UAS for terrorist purposes

NEW YORK, US – The Counter-Terrorism Committee (CTC) of the UN Security Council adopted the "Abu Dhabi Guiding Principles" and...
  • The document is the first of its kind at the United Nations to address the increasing challenges posed by UAS in the context of counter-terrorism.
  • As the current chair of the Counter-Terrorism Committee, the UAE facilitated this crucial initiative, reflecting its commitment to global peace and security.

From climate action to global aid: Inside UAE’s remarkable year

Abu Dhabi, UAE -- The UAE is bidding farewell to 2023, dubbed the ‘Year of Sustainability'. From hosting the relatively...
  • UAE launched ALTÉRRA, the world’s largest private investment climate action vehicle, aimed at raising and mobilizing an additional $250bn for climate action.
  • Despite global headwinds, CBUAE projects 3.3 percent year-on-year growth projected for the UAE economy in 2024.

Sheikh Hamdan issues resolution regulating single-use products in Dubai

DUBAI, UAE -  Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive...
  • The aim of the resolution is to protect the environment, encourage people to adopt an eco-friendly lifestyle.
  • The move also aims to encourage the private sector to promote the use of recycled products.

GCC in the crossfire amid growing US-China tech war

Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.
  • Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.
  • The semiconductor battle, with Abu Dhabi-based G42 cutting its ties with Huawei, is a prime example of the region’s strategic maneuvering in this global power play.

5 WEF reports shaping your 2024 agenda

From AI to the future of jobs and slow climb to gender parity, WEF reports provide insights into some of...
  • Buffeted by a global energy crisis, inflationary pressures and geopolitical instability, the move to clean energy has faced a challenging time.
  • This year's top 10 emerging technologies will likely become increasingly familiar in the years ahead as they help tackle some of our biggest challenges.

Welcoming 2024: A year of hope, healing, and unity

"Hopefully, 2024 will be a year in which we overcome the troubled period that started with the coup attempt, grew...
  • Every new year should be welcomed with joy, hope, and excitement, says Recep Tayyip Erdoğan, President of Türkiye.
  • We are entering the year 2024 with heavy hearts due to the negative events in our region and the world, he adds.

Maersk halts ships’ transit via Red Sea strait for 48 hours

COPENHAGEN, DENMARK - Shipping giant Maersk said on Sunday it was suspending the passage of vessels through a key Red Sea...
  • The Maersk Hangzhou, a Singapore-flagged, Denmark-owned container vessel reported being struck by a missile while transiting the Bab al-Mandab Strait.
  • It appeared to be undamaged in that attack and "was able to continue its transit north", said Maersk, one of the world's largest shipping companies.

Israeli strike kills former Palestinian minister, Gaza death toll 21,822

Youssef Salama, the 68-year-old former minister of religious affairs in the Palestinian Authority, was killed in a strike on the...
  • "We pulled (out) nine martyrs, who were members of a very peaceful family. Two adjacent houses were targeted," said the area's civil defense director, Rami al-Aidi.
  • 10 Houthi rebels were feared dead or missing after US Navy helicopters fired at them while attempting to board a cargo ship off Yemen.

Gaza war will last many months: Benjamin Netanyahu

The prime minister of Israel told a news conference that the war will continue for many months "until Hamas is...
  • He said that Israel was depriving Hamas of their capabilities in a gradual manner
  • Hamas is still holding 129 hostages in Gaza, according to the Israeli military

North Korea to launch three more spy satellites next year

"The task of launching three additional reconnaissance satellites in 2024 was declared" as one of the key policy decisions for...
  • Pyongyang successfully put a military spy satellite into orbit last month and has since claimed it was providing images of major US and South Korean military sites
  • Inter-Korean relations are in poor state as Seoul and Washington ramped up defense cooperation this year after record-breaking series of weapons tests by Pyongyang

Trump says Putin wants to end war, US to hold new talks with Ukraine

Trump's envoy Steve Witkoff and son-in-law Jared Kushner huddled into the early hours with Putin in the Kremlin but reached...

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Iran ends cooperation with UN nuclear watchdog after Israel, US strikes

It came after last month's 12-day conflict between Iran and Israel, which saw unprecedented Israeli and US strikes on Iran's...

Netanyahu vows to uproot Hamas as ceasefire proposals are discussed

The Israeli leader had yet to comment on US President Donald Trump's claim that Israel had backed a plan for...

Hamas says discussing Gaza ceasefire proposals from mediators

It said it sought "to reach an agreement that guarantees ending the aggression, achieving the withdrawal (of Israel from Gaza)...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Macron, Putin discuss Iran, Ukraine in first talks since 2022

One week after a ceasefire ended Israel's 12-day war with Iran, the two men also discussed Tehran's nuclear programme, with...
  • One week after a ceasefire ended Israel's 12-day war with Iran, the two men also discussed Tehran's nuclear programme
  • Fighting still raged on the ground in Ukraine over three years after Russia's full-scale February 2022 invasion of its neighbour

Israel expands Gaza campaign ahead of Netanyahu’s US visit

The intensified operations came after days of mounting calls for a ceasefire, with US President Donald Trump -- whom Netanyahu...
  • The intensified operations came after days of mounting calls for a ceasefire, with US President Donald Trump -among those urging Israel to strike a new deal to halt the war
  • Israel's campaign to destroy the Palestinian militant group Hamas has raged on unabated, however, with Gaza reporting Israeli forces killed at least 20 people killed

Gaza mourns those killed in Israeli strike on seafront cafe

Once a bustling seafront spot where young people could hope for a rare respite from war, Gaza City's al-Baqa cafe...
  • The strike triggered a fresh outpouring of grief in the Palestinian territory already devastated by more than 20 months of war.
  • Tributes have also poured in for Ismail Abu Hatab, described by friends as a journalist and videographer.