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

Israel has suffered defeat in its war against Hamas: Khamenei

Speaking at an Islamic Revolutionary Guard Corps aerospace force centre in the capital Tehran, Khamenei said "the defeat of the...
  • The Islamic republic, which supports Hamas, has hailed the October 7 attacks a "success"
  • Khamenei exhorted Muslim countries to "cut off" ties and halt trade with Israel

Elon Musk’s X supports US student in trouble over posts

Dubai, UAE--Elon Musk’s X has made good on its promise to back users who are being punished for statements they...
  • The student, Juan David Campolargo, was found to be violating the university's student code of conduct, according to Campolargo's lawyers
  • Musk voiced his support for the college student in a brief post on X, "We will do whatever it takes to support your right to free speech!"

Yemen rebels say seized vessel owned by Israeli businessman

A Yemeni maritime source said the Huthis had "seized a commercial vessel" and took it to the port of Salif...
  • The announcement came days after the rebel group threatened to target Israeli vessels in the waterway over Israel's war with Hamas in the Gaza Strip
  • The office of Israeli Prime Minister Benjamin Netanyahu said the vessel was owned by a British company and operated by a Japanese firm

Dubai Customs logs 13% growth in transactions in first nine months of 2023

DUBAI, UAE – Dubai Customs has experienced a robust 13 percent increase with 21.6 million transactions during the first nine...
  • The upswing aligns with the targets of Dubai’s economic agenda D33, which seeks to double foreign trade.
  • By the end of the third quarter of 2023, Dubai Customs had processed approximately 18.8 million customs declarations.

Israel police claim Hamas was not aware of a music festival on October 7

DUBAI - An investigation carried out by Israeli police has concluded that Hamas, involved in the October 7 attack, had...
  • The police probe revealed that an Israeli military helicopter arrived at the scene and opened heavy fire.
  • The development comes as Israel revised the official death toll of the October 7 attacks, lowering the figure to around 1,200 people.

‘Horrendous events’ in Gaza in past days ‘beggar belief’: UN rights chief

"The killing of so many people at schools turned shelters, hundreds fleeing for their lives from Al-Shifa Hospital, amid continuing...
  • All 31 premature babies at Al-Shifa hospital had been evacuated Sunday from the facility which the WHO has described as a "death zone".
  • A deal to free hostages Hamas seized in its October 7 attack on Israel now hinges on "minor" practical issues, Qatar's prime minister said.

FMs from Palestinian Authority, Muslim nations to visit China

Officials will include the foreign ministers of the Palestinian Authority in the West Bank, Saudi Arabia, Jordan, Egypt and Indonesia,...
  • Following the outbreak of war last month, Chinese officials including Foreign Minister Wang Yi have called for an immediate ceasefire and a "cooling down" of the situation.
  • China has historically been sympathetic to the Palestinians and supported a two-state solution to the Israeli-Palestinian conflict.

Climate action slowed in 2022, severe weather events increased

Paris, France -- National climate policy action across the countries that produce nearly two-thirds of total greenhouse gas emissions only...
  • National climate policy action across the countries that produce nearly two-thirds of total greenhouse gas emissions only increased by 1% in 2022, lowest since 2000.
  • In contrast, between 2000 and 2021, national climate policy action increased by an average of 10 percent a year, according to a new OECD analysis of policy adoption.

Big tech firms have been fined billions, but not paid them

PARIS, FRANCE - Rarely a month goes by without big tech companies getting fined for price fixing, squashing competitors or misusing...
  • Ireland's data regulator confirmed that Meta has not paid any of the US$2.2 billion in fines issued since last September.
  • Amazon is still appealing against a US$812 million fine from 2021, Luxembourg's data regulator said.

Opposition parties stage rare rally in South Sudan

Two years after attaining statehood, the world's newest nation collapsed into a civil war that claimed 400,000 lives before a...
  • The coalition of 12 opposition parties gathered in Juba to demand unimpeded access to participate in the country's first national elections since 2011
  • President Salva Kiir, South Sudan's only ruler since independence, has vowed to hold elections in 2024 -- nine years behind the original schedule

Gaza hospital says received 15 Palestinian bodies under ceasefire exchange deal

They were returned in exchange for the latest hostage body handed back from Gaza on Tuesday, that of Israeli-American soldier...

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Israel says Gaza-bound activist boat carrying Greta Thunberg redirected

The Madleen departed from Italy on June 1 to bring awareness to food shortages in Gaza, which the United Nations...

Iran says no sanctions relief in US nuclear proposal

Tehran, Iran -- Iran's parliament speaker said on Sunday that the latest US proposal for a nuclear deal does not...

Israel says to block Gaza-bound aid boat carrying Greta Thunberg

I have instructed the military to prevent the Madleen flotilla from reaching Gaza," Israeli Defense Minister Israel Katz said in...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Money, mining and marine parks: The big issues at UN ocean summit

Nice, France -- France is hosting world leaders this week to confront what the United Nations calls a global "emergency"...
  • There is pressure on the UN Ocean Conference starting Monday in Nice to show that countries can unite and deliver more than just talk for the world's ailing and neglected seas.
  • Several countries are expected to announce the creation of new marine conservation zones within their national waters, though how protected they really are will come under scrutiny

Activist aid ship nears Gaza after reaching Egypt coast: organisers

Cairo, Egypt - An aid ship with 12 activists on board, including Swedish climate campaigner Greta Thunberg, is nearing Gaza,...
  • The Madleen, part of the Freedom Flotilla Coalition, left Sicily last week with a cargo of relief supplies "to break Israel's blockade on Gaza."
  • The Global March to Gaza plans to gather in Cairo on June 12 before travelling by bus a day later to Al-Arish near Egypt's border with Gaza

Gaza rescuers say Israeli fire kills 13 including 6 near aid centre

Gaza's civil defence agency said Israeli forces killed at least 13 Palestinians on Saturday, six of them in a shooting...
  • Contacted by AFP, the Israeli military said it was looking into the incident, the latest deadly fire near the Al-Alam aid point
  • The GHF began operations in late May as Israel partially eased a more than two-month blockade on the Gaza Strip