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

WHO says Palestinian patient died due to lengthy Israeli checks

The chief of WHO said the convoy was stopped twice at the Wadi Gaza checkpoint on the way to northern Gaza...
  • WHO chief Tedros Adhanom Ghebreyesus did not say in his message who carried out the checks, but a WHO spokesman told AFP they took place at an Israeli army checkpoint.
  • The UN estimates 1.9 million of the territory's 2.4 million people have been displaced by the war, half of them children.

Global trade likely to decline in 2023 due to changing trade patterns, geopolitics

DUBAI, UAE - The outlook for 2024 remains “highly uncertain and generally pessimistic,” UNCTAD says in the Global Trade Update,...
  • Other elements affecting trade include lower demand in developed countries, less trade in East Asia and an uptick in trade-restrictive measures.
  • The elements also include an uptick in trade-restrictive measures and lengthening supply chains, particularly between China and the US.

Gaza destruction worse than in World War II Germany: EU’s Borrell

Israel's military response to Hamas's October 7 attacks has resulted in "an incredible number of civilian casualties", Borrell said after...
  • "The destruction of buildings in Gaza... is more or less or even greater than the destruction suffered by the German cities during the World War II," taken proportionally, he said.
  • He said he had presented a discussion paper to the EU foreign ministers looking at "imposing sanctions against extremist settlers in West Bank".

Additional border crossing to examine Gaza aid, says Israel

International aid organizations have struggled to get supplies to desperate Gazans under Israeli bombardment, with only the Rafah crossing in...
  • Israel said on Monday that no new direct crossings will be opened
  • The additional checkpoint will screen "trucks containing water, food, medical supplies"

Israeli forces kill 4 Palestinians in West Bank: ministry

The ministry did not provide further details on the fatalities, while the Palestinian Red Crescent Society said they were killed...
  • Israeli forces "continue to storm Jenin camp and ambulance crews are prevented from entering to deal with medical cases," the Red Crescent said
  • There was no immediate comment on the killings from the Israeli military, which has occupied the West Bank since the 1967 Arab-Israeli War

Houthi missile hits Norway-flagged tanker off Yemen: CENTCOM

US warships patrolling the Red Sea have shot down Houthi missiles and drones several times since the militants began the...
  • The night-time attack occurred as the chemical tanker passed through the Bab-el-Mandeb, the strait between Yemen and northeast Africa
  • The attack is the latest escalation from the Houthis in Yemen, who have increasingly targeted ships off the coast with missiles and drone attacks

UN assembly moves past Security Council to take lead on Gaza

With calls for a ceasefire multiplying, "it is safe to assume that the majority will be greater" this time, Richard...
  • The US, one of only five permanent members of the Security Council, used its veto on Friday to halt a draft text calling for a ceasefire, the latest sign of impasse
  • UN Secretary-General Antonio Guterres has warned of a looming "complete breakdown of public order" in the besieged Gaza Strip

Netanyahu’s political survival at stake amid Gaza crisis

Israeli PM confronts one of the most challenging periods of his tenure as it intensifies military actions in Gaza amid...
  • Israeli PM confronts one of the most challenging periods of his tenure as it intensifies military actions in Gaza amid mounting casualties and a deepening humanitarian crisis.
  • Critics are questioning Netanyahu's strategies and political maneuvers, both domestically and in the context of the Israeli-Palestinian conflict.

PM issues law forming Dubai Investment Fund to oversee government investments

DUBAI, UAE – Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has issued Law...
  • The law endows the Fund with the financial and administrative independence to pursue its objectives along with the legal mandate to do so.
  • Dubai Investment Fund will be responsible for investing Dubai Government funds, surpluses and the general reserve locally and internationally.

Arab meet calls for more investments in renewable energy

Speaking at the 12th Arab Energy Conference organized by the Organization of Arab Petroleum Exporting Countries (OAPEC), Qatar's Energy Minister...
  • OAPEC Secretary General Eng. Jamal Issa Al Loughani emphasized the conference's focus on international energy market developments and their local and global implications.
  • He called for a careful balance between emission reduction, energy availability and affordability, while underscoring challenges in building sustainable energy systems.

UN Security Council set to vote on Trump’s Gaza plan, deployment of international force

The draft, which has been revised several times as a result of high-stakes negotiations, "endorses" the plan, which allowed for...

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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...

Pro-Palestinian protest leader released from US custody

Mahmoud Khalil, a former Columbia University student who was one of the most visible leaders of nationwide pro-Palestinian campus protests,...

Tech-fueled misinformation and disinformation distorts Iran-Israel fighting

AI deepfakes, video game footage passed off as real combat, and chatbot-generated falsehoods -- such tech-enabled misinformation is distorting the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Israeli army chief warns of ‘prolonged campaign’ in Iran

"We have embarked on the most complex campaign in our history to remove a threat of such magnitude, against such...
  • Israel launched attacks against Iran last Friday which have combined targeted assassinations of key military personnel with strikes on Iran's nuclear and missile facilities.
  • Zamir said the Israeli military had prepared for "years" for the campaign against Iran, even while Israeli troops continue their devastating campaign in Gaza.

IAEA warns of nuclear disaster if Israel attacks Iran’s Bushehr plant

Rafael Grossi, director of the International Atomic Energy Agency (IAEA), told the UN Security Council that he has not yet...
  • Grossi warned of equally dire consequences even if Israel strikes the lines that supply electricity to Bushehr, saying such disabling of power could trigger a meltdown.
  • In a worst case scenario, evacuations and orders to take shelter would need to be issued for areas within several hundred kilometers of Bushehr, which would include Gulf states.

US envoy says Hezbollah involvement in Iran-Israel war would be ‘very bad decision’

The US special envoy for Syria Tom Barrack warned Lebanese militant group Hezbollah on Thursday against getting involved in the...
  • Barrack, who is also the US ambassador to Turkey, is on his first visit to Beirut, where he met top Lebanese officials including parliament speaker Nabih Berri, a Hezbollah ally
  • In a statement, Hezbollah leader Naim Qassem said the group will provide Iran "with all forms of support that contribute to putting an end to this tyranny and oppression