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

Bahrain suspends economic relations with Israel

DUBAI, UAE - Bahrain has recalled its Ambassador from Israel and decided to suspend economic relations with Tel Aviv in...
  • Bahrain took the decision to recall the Kingdom’s Ambassador to Israel back to the country, the Council of Representatives said.
  • It also demanded taking measures to preserve lives of people in the Gaza Strip and other regions of Palestine.

Putin revokes Russia’s ratification of Nuclear Test Ban Treaty

During parliamentary hearings, State Duma speaker Vyacheslav Volodin said the move to revoke the treaty was a response to the...
  • The 1996 treaty outlaws all nuclear explosions, including live tests of nuclear weapons, though it never came into force.
  • The West has accused Russia of using reckless nuclear rhetoric since it launched its offensive on Ukraine last February.

US sanctions Turkey, China, UAE entities to disrupt Russia war

"Russia is dependent on willing third-country individuals and entities to resupply its military and perpetuate its heinous war against Ukraine...
  • The latest sanctions involve 130 new targets. Among them are Turkish national Berk Turken for his role in a procurement network with ties to Russian intelligence services
  • A UAE-based network has been sanctioned for alleged involvement in Russian illicit finance, the department said.

Political and tech leaders tackle AI safety at inaugural summit

London, United Kingdom – UK Prime Minister Rishi Sunak on Thursday hosts political and tech leaders at the inaugural global...
  • The United Kingdom, the United States, the European Union and China have agreed to cooperate to ensure the safe use and deployment of AI technologies.
  • The summit identified an agenda of three key points: identifying risks, building risk-based policies in different countries.

Egypt says to help evacuate ‘about 7,000’ Gaza foreign nationals

For the first time after weeks of deadly fighting between Israel and Palestinian militants since the Hamas attacks of October...
  • Egyptian officials said 76 wounded Palestinians and 335 foreign passport holders had crossed into Egypt on Wednesday
  • Among those who crossed were 31 Austrians, four Italians, five French nationals and some Germans, their governments said

Biden voices support for humanitarian ‘pause’ in Israel-Hamas war

The 80-year-old Democrat was delivering remarks to some 200 supporters in the northern US state when a member of the...
  • "I think we need a pause. A pause means giving time to get the prisoners out", Biden responded to a Jewish Rabbi who asked him to call for ceasefire
  • Asked about Joe Biden's remarks, the White House later clarified that by "prisoners" the president was referring to hostages held by Hamas

195 die in Israel strikes on Gaza camp, hundreds wounded

The Hamas government in Gaza said that 195 people had been killed in Israeli strikes this week on Jabalia refugee...
  • Ambulances were set to rush several dozen patients to Egyptian hospitals, and about 400 foreigners or dual nationals were expected to escape.
  • Egypt said that eventually it hoped to help evacuate 7,000 foreigners from over 60 countries from the densely crowded territory of 2.4 million people.

More than 20,000 wounded people still in Gaza: MSF

The MSF pleaded that the people who plan to leave Gaza must be allowed "without further delay" and should also...
  • According to Gaza's Hamas-run health ministry, the bombing campaign has killed 8,796 people
  • The UN and aid groups have sounded the alarm on the catastrophic humanitarian situation inside Gaza

Israeli Prime Minister orders hunt for Hamas leaders: Seymour Hersh

New York, United States - Israeli Prime Minister Benjamin Netanyahu reportedly ordered Israeli intelligence agencies to track and assassinate all...
  • Hersh claims that, based on information from a "well-informed Israeli," Netanyahu tasked intelligence agencies with a mission to eliminate Hamas leaders
  • The directive is said to extend to the families of Hamas political and military leaders, including their spouses, siblings, children, and parents

Saudi defense minister meets Blinken, Lloyd over Gaza war

Washington, United States - Saudi Minister of Defense, Prince Khalid bin Salman bin Abdulaziz met the US Secretary of State...
  • The focus of the meeting with Blinken was the ongoing Israeli-Palestine conflict, with discussions centered on joint efforts and coordination to de-escalate
  • Prince Khalid also met Austin at the Pentagon and discussions focused on bilateral affairs and the situation in Middle East

Syria attracted $28 bn in investment since Assad’s fall: president

Syria has begun the mammoth task of trying to rebuild its shattered economy, after over a decade of war saw...

Company News

Latest News

Due to war, under 5 percent of Gaza cropland useable for farming: UN

Paris, France -- Under five percent of Gaza's farmland is useable due to war, further exacerbating the risk of famine...

Trump slams ‘crazy’ Putin as Russia pummels Ukraine with massive drone attack

US President Donald Trump called his Russian counterpart Vladimir Putin "crazy" on Sunday after Moscow launched a deadly barrage of...

Turkey, PKK must both change for peace: former militant

"When you try and explain peace to people, there is a very serious lack of trust," said Yuksel Genc, a...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Syria’s new authorities to help locate missing Americans: US envoy

Damascus, Syria -- Syria's new authorities have agreed to help the United States locate and return Americans who went missing...
  • "The new Syrian government has agreed to assist the USA in locating and returning USA citizens or their remains," US special envoy for Syria Tom Barrack wrote on X.
  • "The families of Austin Tice, Majd Kamalmaz, and Kayla Mueller must have closure," he added, referring to American citizens who had gone missing or been killed.

Spain hosts European, Arab nations to pressure Israel on Gaza

Madrid will host 20 countries as well as international organizations with the aim of "stopping this war, which no longer...
  • The meeting, which also includes representatives from the Arab League and OIC, will promote a two-state solution to the Israeli-Palestinian conflict.
  • After the EU decided this week to review its cooperation deal with Israel, Albares said "we must consider sanctions, we must do everything, consider everything to stop this war"'.

Iraq’s water reserves lowest in 80 years after a dry rainy season

Baghdad, Iraq -- Iraq's water reserves are at their lowest in 80 years after a dry rainy season, a government...
  • Water is a major issue in the country of 46 million people undergoing a serious environmental crisis because of climate change, drought, rising temperatures and declining rainfall.
  • Authorities also blame upstream dams built in neighboring Iran and Turkey for dramatically lowering the flow of the once-mighty Tigris and Euphrates.