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

Israeli forces kill 11 Palestinians in West Bank: Health ministry

The latest death was a 17-year-old boy who the ministry said was shot in the chest by the Israeli army...
  • Israel has occupied the West Bank since the 1967 Arab-Israeli war, and in recent months troops have carried out repeated deadly raids on Jenin.
  • More than 280 Palestinians have been killed by Israeli forces or settlers in the West Bank since the war in Gaza erupted on October 7, health officials say.

115 soldiers have been killed in Gaza war, says Israeli army

According to the military's official list of casualties, nine of those killed on Tuesday belonged to units that a military...
  • The 10 deaths recorded on Tuesday made it the single deadliest day for the military since its ground assault on the Palestinian territory began on October 27
  • The Israeli military campaign has so far killed more than 18,600 people in Gaza, also mostly civilians, according to the territory's Hamas-run health ministry

OPEC+ cartel’s grip on oil market loosening as demand slows: IEA

Slowing demand growth and rising US crude production will make it more difficult for OPEC+ to continue to prop up...
  • The Paris-based IEA, which advises oil-consuming nations, noted that prices had fallen by around $25 per barrel since September highs.
  • Efficiency improvements and a booming electric vehicle fleet have also been lowering oil demand, it added.

Saudi, Iran top diplomats discuss bilateral ties, Gaza ceasefire

Tehran, Iran-- Saudi Arabia and Iran's foreign ministers have stressed the need for an immediate ceasefire in Gaza and sending...
  • The two foreign ministers met in Geneva, discussed bilateral ties between the two countries, and the latest developments in Gaza
  • The Saudi foreign minister said there is a positive trend in bilateral relations and "we welcome the development of relations"

US shows signs of strained patience with ally Israel

President Joe Biden while expressing his frustration with rightwing Israeli Prime Minister Benjamin Netanyahu referred this week to "indiscriminate bombing"...
  • However Washington has been careful not to openly criticize its ally
  • US diplomats have expressed dissatisfaction with Israel's conduct of the war

Tunisian villages grapple with severe water scarcity

Ouled Omar, Tunisia - Tunisian villager Ounissa Mazhoud ties two empty jerry cans to a donkey and cautiously descends a stony...
  • The World Bank predicts that by 2030 the Middle East and North Africa region will fall below the "absolute water scarcity" threshold of 500 cubic meters yearly per person.
  • Tunisia, already the 33rd most water-stressed country according to the World Resources Institute, has dropped to 450 cubic meters per inhabitant

Gaza government runs out of children’s vaccines, warns of ‘catastrophe’

The announcement came more than two months into the Israel-Hamas war in Gaza as international aid organizations have warned about...
  • The Gaza health ministry called on international institutions to deliver urgently needed vaccines "to prevent disaster"
  • The UN Humanitarian Coordinator for the Palestinian territories, Lynn Hastings, said that UNICEF was looking into the issue

World Bank to expand climate funding in MENA by $10 billion

Brhane said the World Bank integrated climate into all its work across the MENA region and is on track to...
  • The funding supports both reducing net emissions and resilience projects, said Meskerem Brhane, the bank's Regional Director for Sustainable Development, MENA.
  • She added that by embracing green growth strategies, the region's GDP could potentially grow to over $13 trillion by 2050.

UNICEF warns of terrible results on children due to Lebanon crises

Beirut, Lebanon - Lebanon's compounding crises are having a "devastating" impact on children and their education, a United Nations agency said...
  • UN children's agency UNICEF said more than a quarter of households surveyed last month reported children not attending school, compared to 18 percent in April.
  • For four years, Lebanon has been gripped by a crushing economic crisis that has pushed most of the population into poverty

Israeli army opens fire at hospital wards: Gaza health ministry

"The occupation (Israeli) forces have tightened the siege and the targeting of Kamal Adwan hospital, firing at patient rooms and...
  • The head of the UN agency for Palestinian refugees Philippe Lazzarini warned that the people of Gaza were "running out of time and options".
  • Israel's Foreign Minister Eli Cohen said that the war in the Gaza Strip would continue "with or without international support".

Riyadh, Washington seal major defense agreement amid Saudi push for two-state roadmap before Israel normalization

Saudi Crown Prince said that his kingdom wanted to normalize relations with Israel through US President Donald Trump's Abraham Accords,...

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Iran-Israel war must not become refugee crisis: United Nations

UNHCR, the UN's refugee agency, said the intensity of the attacks between the two sides was already triggering population movements...

India will ‘never’ restore Pakistan water treaty: minister

New Delhi will "never" reinstate a key water treaty it suspended with Pakistan over deadly violence in India-administered Kashmir, the...

Tens of thousands join pro-Palestinian marches across Europe

Protesters in the British capital waved Palestinian flags, donned keffiyeh scarves and carried signs including "Stop arming Israel" and "No...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Yemen’s Huthis threaten to attack US ships if it strikes Iran

Yemen's Huthi rebels threatened on Saturday to attack US vessels in the Red Sea, despite a recent truce, should Washington...
  • Israel launched unprecedented attacks on Iranian nuclear and military sites last week, drawing retaliation from Tehran
  • The Huthis, who control swathes of Yemen, have launched missiles and drones targeting Israel and Israel-linked Red Sea shipping throughout the Gaza war

Turkey says Israel leading Middle East to ‘total disaster’

Iran and Israel have been at war for nine days after Israel, claiming the Islamic republic was on the brink...
  • Iran and Israel have been at war for nine days after Israel launched a massive wave of strikes on its arch-rival, triggering an immediate response from Tehran
  • Erdogan, who met Iranian foreign minister Abbas Araghchi on the sidelines of Saturday's meeting, said Turkey would not allow borders in the Middle East to be redrawn "in blood."

Israel says killed three Iranian commanders in fresh wave of strikes

Israel's military said a strike in Qom south of Tehran successfully targeted top Iranian official Saeed Izadi, in charge of...
  • Iranian Foreign Minister Abbas Araghchi arrived in Istanbul on Saturday for a meeting of the Organization of Islamic Cooperation to discuss the conflict.
  • Top diplomats from Britain, France and Germany met Araghchi in Geneva on Friday, and urged him to resume talks with the United States that had been derailed by Israel's attacks.