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

War affects Christmas festivities in southern Lebanon

Qlayaa, Lebanon - In the Lebanese Christian border village of Qlayaa, the priest urged his parish to keep the Christmas spirit...
  • Despite the violence, the church has put up lights, a life-sized manger and is planning recitals and activities for the community's children.
  • Residents along the border are used to "difficult times", said father Antonios Farah, "but we have decided... we will celebrate Christmas as usual".

UN expresses ‘alarm’ at spreading violence in Sudan

The Council in a joint statement denounced attacks on civilians and the spread of the violence "into areas hosting large...
  • The UN called on the warring parties to allow for safe and unhindered humanitarian access
  • It said apart from the 7m internally displaced another 1.5m had fled into neighboring countries

Ukraine says it shot down three Russian Su-34 fighters

Air force commander Mykola Oleshchuk said the Su-34 jets were downed around noon on Friday. In his announcement he noted...
  • In his nightly address on Friday, President Volodymyr Zelensky thanked the soldiers who shot down the Russian fighters in the Kherson region
  • The Kremlin has not commented on the Ukrainian claims but Russian war blogger Fighterbomber said there had been losses, likely due to the Patriot missile air-defence system

Saudi defense minister hosted by UK counterpart at Lancaster House in London

Riyadh, Saudi Arabia — UK's Secretary of State for Defense Grant Shapps welcomed Saudi Arabia's Minister of Defense Prince Khalid bin...
  • Upon Prince Khalid bin Salman's arrival, a formal reception ceremony was held, featuring a review of the guard of honor
  • The two sides discussed strengthening the strategic partnership between the UK and Saudi Arabia

UK terms UN resolution on Gaza as ‘good news’

UK Foreign Secretary David Cameron termed it good news that that the UN has come together to "back a resolution...
  • Cameron said that the resolution also calls for steps towards a sustainable ceasefire
  • Russia and the United States abstained, meaning it passed with 13 votes in favor

UNSC approves aid resolution as Gaza crisis mounts

As fighting between Israel and Hamas intensifies, the UN Security Council has passed a resolution to enhance aid to Gaza,...
  • As fighting between Israel and Hamas intensifies, the UN Security Council has passed a resolution to enhance aid to Gaza, where civilians face severe hardships.
  • Escalating conflict between Israel and Hamas in Gaza has led to over 410 deaths in 48 hours and intense urban warfare, triggering a severe humanitarian crisis.

UN resolution urges more aid for Gaza as death toll rises

Fighting between Israel and Hamas in Gaza raged as the UN Security Council approved a much-delayed resolution to boost aid...
  • The resolution also urged the creation of "conditions for a sustainable cessation of hostilities" but did not call for an immediate end to fighting.
  • It came after the UN's World Food Program warned that Gaza's population is at a "high risk of famine".

UN says Gaza on cusp of famine due to Hamas-Israel war

The Israel-Hamas war is pushing Gaza towards famine, the United Nations warned ahead of an expected Security Council vote on...
  • The entire population of Gaza faces "an imminent risk of famine", according to a UN-backed global hunger monitoring system.
  • With homes destroyed, they are living in crowded shelters and struggling to find food, fuel, water and medical supplies

Lebanon to adopt UN border resolution if Israel complies

Lebanon is ready to implement a UN resolution that would help end Hizbollah's cross-border attacks on Israel if Israel also...
  • The solution to the current cross-border hostilities "is the implementation of international resolutions", including Resolution 1701, Lebanese PM said.
  • The Lebanese PM was referring to territory claimed by Lebanon that remains occupied following Israel's withdrawal from the country's south in 2000.

More than 20 countries join coalition to protect Red Sea shipping

The Iran-backed Houthis have repeatedly targeted vessels in the vital shipping lane with strikes they say are in support of...
  • Pentagon spokesman said the Houthis are "attacking the economic wellbeing and prosperity of nations around the world," effectively becoming "bandits along the international highway
  • Coalition forces will serve as a highway patrol of sorts, patrolling Red Sea and the Gulf of Aden to respond to commercial vessels that are transiting this international waterway

Israel launches major West Bank operation, raiding Tubas towns amid escalating violence

The Israeli military said the operation began with air strikes to isolate the area, which were followed by "searches" on...

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UAE top court upholds life terms for 24 convicted in mass trial

Dubai, United Arab Emirates -- The UAE supreme court has jailed 24 people for life after upholding their convictions for...

Spain PM Sanchez says Gaza in ‘catastrophic situation of genocide’

Spanish Prime Minister Pedro Sanchez on Thursday said Gaza was in a "catastrophic situation of genocide" and urged the European...

WHO delivers its first medical aid to Gaza since March 2

The shipment of supplies, plasma and blood will be distributed among hospitals in the Palestinian territory in the coming days,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

US hits back at accounts Iran moved enriched uranium before bombing

Trump, seeking credit for ordering military action and then quickly announcing a ceasefire between Israel and Iran, has lashed out...
  • Trump has lashed out angrily at media accounts of a classified report that doubted the extent of damage to Iranian nuclear sites
  • Vice President JD Vance, asked about the uranium on Sunday, had sounded less definitive and said the United States would discuss the issue with Iran

Israeli commandos operated in Iran during 12-day war: military

The war erupted on June 13 when Israel launched a surprise bombing campaign that it said aimed to stop Iran...
  • "We achieved full control over Iranian airspace and in every location where we chose to operate," chief of staff Eyal Zamir said in a televised address
  • "This was made possible thanks to, among other things, coordination and tactical deception carried out by our air force and ground commando units," he added

Hezbollah hails Iran’s ‘divine victory’ over Israel

Lebanese militant group Hezbollah on Wednesday hailed what it called its ally Iran's victory over Israel after 12 days of...
  • In a statement, Hezbollah offered its "most sincere congratulations" to the Islamic republic, praising its "glorious divine victory."
  • The victory, it said, was "manifested in the precise and painful strikes it launched" against Israel, as well as "the lightning response to the American aggression