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

Dubai to host ‘Arab Strategy Forum’ next week

Dubai, UAE--The Arab Strategy Forum will commence in Dubai on January 3rd, 2024 to debate the intricate political and economic...
  • The platform will bring together prominent global leaders, strategic experts, and leading figures in the realms of politics and economics
  • Participants will examine the intricate political and economic landscape of the region, and analyze current positions of Arab nations

Gazans ‘exhausted’ as Israel-Hamas war rages on

UN chief Antonio Guterres on Friday reiterated his call for "an immediate humanitarian ceasefire", while the World Health Organization (WHO)...
  • Smoke billowed over the Gaza Strip's southern city of Khan Yunis, the focus of recent fighting in the grinding war, which was triggered on October 7 by Hamas attacks on Israel
  • Further south, the border city of Rafah near Egypt was teeming with Gazans seeking safety from Israel's relentless bombardment in its fight against Palestinian fighters

Russian strikes kill at least 30 across Ukraine

A massive air attack targeted schools, a maternity hospital, shopping arcades, blocks of flats, and many other sites, according to...
  • The Ukrainian army said that Russia launched 158 missiles and drones on Ukraine
  • The United Nations condemned the attacks and said they must stop "immediately"

Iran asserts peaceful nuclear agenda amid western concerns

Tehran, Iran - Iran's nuclear program remains peaceful, said Nasser Kanani, the spokesman for the Iranian Ministry of Foreign Affairs,...
  • Iranian foreign ministry spokesman Nasser Kanani reaffirmed the country's commitment to continuing cooperation with the IAEA
  • Kanani said that Iran views negotiation and diplomacy as the best methods for resolving any unfounded concerns about its nuclear program

Turkish SuperCup in Saudi postponed over ‘political slogans’

According to the Saudi sports television channel SSC, "the match has been cancelled. The match will not take place." Scheduled...
  • The teams wanted to warm up wearing shirts bearing the image of Mustafa Kemal Ataturk
  • After the refusal, the rival teams and Turkish football federation decided to postpone the match

US approves ’emergency’ sale of munitions to Israel

Washington, United States - The United States on Friday announced the approval of a $147.5 million sale of 155mm high-explosive artillery...
  • The same provision was used earlier this month to approve the sale of nearly 14,000 rounds of 120mm tank ammunition to Israel
  • Israel requested that 155mm fuses, primers and charges be added to previous foreign military sale cases, increasing their estimated total cost from $96.51m to $147.5m

UAE extradites the accused Gergely Franc to Belgium

Abu Dhabi, UAE - The UAE on Friday extradited Gergely Franc, an Albanian national, charged with premeditated murder, to Belgium....
  • The accused was transferred according to the extradition agreement, signed by the United Arab Emirates and Belgium
  • Such procedures confirm the UAE’s continued collaboration with international partners in the pursuit of international justice

‘Let’s resolve to make 2024 a year of building trust’

"The United Nations will keep rallying the world for peace, sustainable development and human rights. Let’s resolve to make 2024...
  • António Guterres, UN Secretary-General, urges global unity in 2024 for rebuilding trust and hope after the significant suffering, violence, and climate crises of 2023.
  • In his New Year's message, Guterres stresses unity for trust and hope in 2024, urging collective achievements and wishing a peaceful and happy year.

South Africa moves ICJ, accuses Israel of ‘genocidal acts’ in Gaza

South Africa launched a case at the International Court of Justice against Israel for what it said were "genocidal" acts...
  • There was no immediate comment from Israel, which had earlier denied charges that its military was using disproportionate force in Gaza.
  • The war was triggered by the attack on Israel on October 7 and is now nearing its 12th week, with vast areas of northern Gaza in ruins.

Gaza death toll tops 21,507 as Israel continues bombing

The health ministry in Hamas-run Gaza said at least 21,507 people have been killed in the Palestinian territory since war...
  • A total of 1,095 have been wounded while taking refuge at UN sites, UNRWA said on social media platform X.
  • The UN agency for Palestinian refugees, UNRWA, said 308 people seeking shelter in their facilities have been killed during the war

Trump warns Israel not to ‘interfere’ in Syria, days after deadly operation killed 13 people

"It is very important that Israel maintain a strong and true dialogue with Syria, and that nothing takes place that...

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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...

Eight-country coalition aims to tax luxury air travel

Seville, Spain -- Countries including France, Kenya, Barbados and Spain on Monday launched a coalition to push for taxes on...

British FM David Lammy in Turkey to bolster trade ties

Britain's top diplomat David Lammy held top-level talks in Ankara Monday that touched on developments in the Middle East and...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Iran decries ‘destructive’ conduct by IAEA chief

"The action taken by parliament members... is a natural response to the unjustified, unconstructive, and destructive conduct of the Director...
  • On Wednesday, Iranian lawmakers voted in favor of a  bill to suspend cooperation with the IAEA, citing Israel's June 13 attack on the Islamic republic and later strikes by the US.
  • Iran has also criticized the watchdog for passing a resolution on June 12 accusing it of non-compliance with its nuclear obligations.

Iran-Israel war opens ‘new road’ for Mideast: US envoy to Turkey

The Iran-Israel war has opened the way to a "new road" for the Middle East in which Turkey will have...
  • "The Middle East is ready to have a new dialogue, people are tired of the same old story," he said, saying it was essential for decades-long enmities to be reframed
  • Barrack also said he believed there would be a ceasefire soon in the deadly Gaza war which would also speed up a shift in regional thinking

Netanyahu eyes hostage breakthrough as Gaza families mourn victims

His comments lifted hope for a new ceasefire in the devastating conflict in the Palestinian territory, after US President Donald...
  • His comments lifted hope for a new ceasefire in the devastating conflict in the Palestinian territory, after Trump said he hoped a truce could be sealed within a week
  • Netanyahu said that after his country's recent "victory" over Iran in their 12-day war, "many opportunities have opened up... first of all, to rescue the hostages."