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

Displaced women in Gaza recount lives disrupted by war

GAZA, PALESTINIAN TERRITORIES-  A relentless Israeli military campaign, in response to deadly Hamas attacks on October 7, has upset the...
  • Israeli forces have launched a bombardment campaign and ground invasion of Gaza ever since Hamas launched its attack.
  • The United Nations estimates the fighting has displaced 1.9 million of Gaza's 2.4 million population.

Makkah, Morocco’s Beni Mellal-Khenifra Chambers of Commerce ink pact

MAKKAH, SAUDI ARABIA - The Makkah Chamber of Commerce and Industry and the Chamber of Commerce, Industry, and Services of...
  • Beni Mellal Chamber of Commerce, Industry and Services delegation head said that Saudi Arabia is Morocco's largest trading partner.
  • In 2022, the volume of Saudi Arabian exports reached US$4.6 billion, while the value of imports was US$87 million.

Senior Iranian general Razi Moussavi killed in Israeli strike in Syria

Razi Moussavi "was killed during an attack by the Zionist regime a few hours ago in Zeinabiyah district in the...
  • Iran's president Ebrahim Raisi vowed that Israel "will certainly pay" for the killing, calling it another sign of frustration of the "usurping Zionist regime".
  • Iran's state TV said Moussavi was targeted by "three missiles" and aired footage showing smoke rising from the area of the strike.

Russia extends ban on entry of trucks from EU, UK, Norway, Ukraine

MOSCOW, RUSSIA - The Russian government has extended the ban on the entry of trucks from the European Union, the...
  • “The restriction will remain in effect until the circumstances that served as the basis for its introduction are eliminated,” the Russian Cabinet said.
  • The ban was introduced in 2022 as a response to the EU’s decision not to allow trucks with Russian and Belarusian license plates through.

UN General Assembly approves US$3.59bn budget for 2024

NEW YORK, US - The United Nations General Assembly (UNGA) approved a US$3.59 billion budget for 2024, including establishing a...
  • The UNGA approved around US$50 million as an additional funding for UN Human Rights Council.
  • UNGA revealed that it established a multiannual private account for peacemaking and it is used for funding UNPBF.

Gaza toll 20,674 as Netanyahu vows to intensify fighting in coming days

The Gaza health ministry said an Israeli strike late Sunday killed at least 70 people in Al-Maghazi refugee camp, in...
  • The World Health Organization said it led missions to barely functioning hospitals in northern Gaza, describing starving people stripping an aid truck of supplies.
  • Pope Francis deplored "the desperate humanitarian situation" of Palestinians in Gaza, calling for an immediate ceasefire and the freeing of hostages.

Regional players welcome ceasefire and political process in Yemen

Riyad, Saudi Arabia -- Key regional players have welcomed the agreement – involving a comprehensive set of measures aimed at...
  • This pivotal agreement includes a nationwide ceasefire, initiatives to enhance living standards, and steps towards resuming a comprehensive political process under UN's guidance.
  • The Qatari Ministry of Foreign Affairs expressed hope for the roadmap's imminent signing, contributing to a comprehensive political solution to the Yemeni crisis.

Spain will not join US-led Red Sea coalition

The Houthis welcomed Spain's stance, with deputy foreign minister Hussein al-Ezzi saying "we highly appreciate Spain's refusal to be drawn...
  • On Thursday, the Pentagon said 20 countries had joined the Washington-led coalition to protect the key shipping lane
  • Spain's government has been ambivalent and on Sunday a spokesman for the defense ministry told that Spain "will not participate"

Palestinians recount ‘torture’ in Israeli army custody

In recent weeks, the army has faced international criticism after viral footage of detainees stripped down to their underwear and...
  • About 20 men released from Israeli custody "have bruises on their bodies", hospital official in Rafah
  • The Israeli army rejected the claims, saying detainees are "treated in accordance with international law"

Moroccans protest against Gaza war, Israel ties

The protesters were called to the streets by a disparate group of organizations backing the Palestinian cause, including left-wingers and...
  • The protestors in Rabat denounced what protest leaders called a "war of extermination"
  • In 2020, the north African country established diplomatic and trade relations with Israel

Hezbollah says has ‘right’ to respond to Israel’s killing of military commander

Hezbollah's leader on Friday said the group had the right to respond to Israel's assassination of its top military chief...

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Iran holds state funeral for top brass slain in Israel war

Iran held a state funeral Saturday for some 60 scientists and commanders killed in its war with Israel, after its...

Iran extends access to airspace for overflights after ceasefire

Iran has expanded access to its airspace for international overflights following a ceasefire with Israel, though flight restrictions remain in...

Qatar urges Israel, Hamas to seize ‘window of opportunity’ for Gaza truce

US President Donald Trump voiced optimism on Friday about a new ceasefire in Gaza saying an agreement involving Israel and...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Doctors’ aid group slams US-backed Gaza relief scheme over deadly roll-out

The Gaza Humanitarian Foundation, which began operating last month and has largely replaced established humanitarian organisations, "is degrading Palestinians by...
  • The Gaza Humanitarian Foundation, which began operating last month and has largely replaced established humanitarian organisations
  • Starting in March, Israel blocked deliveries of food and other crucial supplies into Gaza for more than two months, leading to warnings of famine across a territory

Israel FM says world has ‘obligation’ to stop Iran getting nuclear bomb

Israel's foreign minister said Friday the world was obliged to stop Iran developing an atomic bomb, days after Israel claimed...
  • "Israel acted at the last possible moment against an imminent threat against it, the region and the international community," Gideon Saar wrote on X
  • The conflict erupted on June 13 when Israel launched a bombing campaign that it said aimed to stop Iran from developing a nuclear weapon - an ambition Iran has consistently denied

Iran says IAEA chief request to visit bombed sites suggests ‘malign intent’

Iran on Friday rejected a request by UN nuclear watchdog chief Rafael Grossi to visit facilities bombed by Israel and...
  • IAEA director general "Grossi's insistence on visiting the bombed sites under the pretext of safeguards is meaningless, Iranian foreign minister said
  • Araghchi again hit out at Grossi personally for not speaking out against the Israeli and US strikes on Iran's nuclear facilities, describing it as " betrayal of his duties."