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

Spanish PM Pedro Sanchez supports Iraq’s sovereignty, stability

"My country, always at the request of the Iraqi authorities, will support the unity, sovereignty and stability of Iraq," said...
  • "My country, always at the request of the Iraqi authorities, will support the unity, sovereignty and stability of Iraq," said Sanchez in Baghdad
  • Sanchez, who was accompanied to Baghdad by a delegation of business leaders, said he is dedicated to the development of trade between Spain and Iraq

Israel bombs Gaza as UN warns civilians face ‘grave peril’

Ashraf al-Qudra, spokesman for the health ministry in Gaza, reported more than 200 deaths "including entire families" over the past...
  • More than 80 percents of Gaza's 2.4 million people have been driven from their homes, the UN says, and many now live in cramped shelters or makeshift tents in the far south.
  • UN World Health Organization chief Tedros Adhanom Ghebreyesus called for "urgent steps to alleviate the grave peril" facing Gaza's people.

Norway fund drops Aramco, 11 other Gulf firms over ’rights concerns’ 

KLP, which manages over 700 billion kroner ($70 billion), said the exclusion amounted to $15 million. The fund dropped 11...
  • Saudi Aramco was blacklisted due to its ties to the Saudi state and for "contravening expectations over climate and energy transition plans", the fund said.
  • In 2021, the fund excluded 16 companies with links to Israeli settlements in the West Bank, which are considered to be in violation of international law.

Palestinian Monetary Authority condemns Israeli raids on exchange firms

Ramallah, Palestinian Territories -- The Palestinian Monetary Authority (PMA) said Thursday that the Israeli occupation army’s storming of six exchange...
  • The occupation forces raided six exchange companies in different cities in the West Bank, Palestinian news agency WAFA reported.
  • They also arrested several of their owners and seized money from their safes after blowing them open.

Donkey head used to desecrate Jerusalem Muslim cemetery

Describing the 35-year-old as "unbalanced", police said he was arrested after they were alerted that a man had "broken the...
  • Police said the man was carrying an axe at the time of his arrest, adding that another suspect who allegedly had helped in taking him there was also in custody
  • The cemetery is near the Al-Aqsa mosque compound, a site holy to both Muslims and Jews and is at the heart of tensions between Palestinians and Israelis

‘Alone’: Afghan women fault West for lack of support

Since 2021, France says it has handed over 15,000 visa to Afghans, "mostly women, rights defenders, journalists and magistrates". But...
  • Safi herself has made it to France where she is seeking asylum, but her sister Frozan died in a hail of bullets back home
  • Speaking in a shelter outside Paris, the 29-year-old Rita Safi said her sister would still be alive had the promised help been forthcoming

Macron asks Netanyahu for ‘lasting ceasefire’ in Gaza

Macron told the Israeli premier of his "deepest concern" about civilian deaths and the humanitarian emergency in Gaza. He also...
  • "France will work in the coming days in cooperation with Jordan to carry out humanitarian operations in Gaza," the French presidency added in a statement
  • Netanyahu's office said the PM thanked Macron for "France's involvement in defending freedom of navigation and its willingness to help restore security along Israel's border."

GDP of new expanded BRICS to exceed that of G7 countries: Russia

Moscow, Russia - The aggregate GDP of the BRICS countries after the accession of its new members in 2024 will...
  • The total GDP of the BRICS in the new line-up will already significantly exceed that of the G7, Russia’s foreign minister Sergey Lavrov said
  • Lavrov noted that the share of Global South and Global East countries in the overall world economy is growing

Gaza death toll tops 21,000 as Israel says war to last ‘many more months’

Israel again pounded Gaza with air strikes and shelling after its military chief warned the war raging with Hamas since...
  • Palestinian president Mahmud Abbas, in an interview on Egyptian television, charged that the Gaza war "goes beyond a catastrophe and a genocide".
  • Iran's Islamic Revolutionary Guard Corps warned Israel that it or its allied groups would take "direct" action to avenge the killing of senior commander Razi Moussavi.

Erdogan says no difference between Netanyahu and Hitler

"He (Netanyahu) is richer than Hitler. All kind of support comes from the West and the United States," Erdogan added....
  • He has branded Israel a "terrorist state", Netanyahu "the butcher of Gaza" while calling Hamas "a liberation group".
  • "There is no difference between the actions of Netanyahu and Hitler," he said during a ceremony in the capital in Ankara.

Trump optimistic after Ukraine talks as Rubio says ‘more work’ needed to end war

US President Donald Trump said Sunday there was a "good chance" of a deal to end the war in Ukraine...

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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...

Iran voices ‘serious doubts’ over Israel commitment to ceasefire

"We have serious doubts over the enemy's compliance with its commitments including the ceasefire, we are ready to respond with...

Iran voices ‘serious doubts’ over Israel’s commitments, including the ceasefire

Iran also writes to the UN chief to recognize the Israeli regime and the United States as the "initiators of...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israeli forces kill 37 Gazans, including nine children, some of them waiting for food aid

Civil defense spokesman Mahmud Bassal said 35 people were killed in seven Israeli drone and air strikes in various locations,...
  • He said the dead included three children who were killed in an air strike on a home in Jabalia, in northern Gaza.
  • Bassal said at least six more children died in a neighborhood in the northeast of Gaza City, including some in an air strike near a school where displaced people were sheltering.

Morocco’s Atlantic gambit: linking restive Sahel to ocean

Dubai, UAE -- A planned trade corridor linking the landlocked Sahel to the Atlantic is at the heart of an...
  • The "Atlantic Initiative" promises ocean access to Mali, Burkina Faso and Niger through a new $1.3-billion port in the former Spanish colony.
  • The Moroccan initiative aims to "substantially transform the economy of these countries" and "the region", said King Mohammed VI when announcing it in late 2023.

AI is learning to lie, scheme, and threaten its creators

In one particularly jarring example, under threat of being unplugged, Anthropic's latest creation Claude 4 lashed back by blackmailing an...
  • Meanwhile, ChatGPT-creator OpenAI's o1 tried to download itself onto external servers and denied it when caught red-handed.
  • For now, this deceptive behavior only emerges when researchers deliberately stress-test the models with extreme scenarios.