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

Houthi missile, drone attacks at Israel create spillover fears

Dubai, UAE - The Houthi movement, which is part of the "Axis of Resistance" supported by Iran, has expressed its...
  • Houthi military spokesperson Yahya Saree announced in a televised statement quoted by Reuters that they had launched a number of ballistic missiles and drones toward Israel
  • Israel's National Security Adviser, Tzachi Hanegbi, described the Houthi attacks as intolerable but did not provide specific details on how Israel might respond

Around 420 children killed or injured in Gaza daily: UNICEF

Rabat, Morocco - On average, around 420 children are killed or injured every day in Israel’s attacks on the Gaza...
  • Reportedly more than 3,450 children killed; staggeringly this rises significantly every day, UNICEF spokesperson said.
  • Women and children constitute about 70% of those killed in the Gaza Strip, UNRWA official Philippe Lazzarini said

Investors eye gold as safe haven amid Gaza tensions

The ongoing Gaza conflict has driven gold prices over $2,000/oz, highlighting the deep connection between geopolitical tensions and global financial...
  • The ongoing Gaza conflict has driven gold prices over $2,000/oz, highlighting the deep connection between geopolitical tensions and global financial market reactions.
  • The 'political reversal' scenario for the present Middle East developments involves potential involvement of Lebanon and Syria, while the 'oil crisis' scenario involves Iran.

Tunisian opposition leader to spend more time behind bars

Tunis, Tunisia - The leader of Tunisian opposition party Ennahdha, Rached Ghannouchi, 82, had his jail sentence on terrorism-related charges raised...
  • Rached Ghannouchi, leader of Tunisian opposition, will now stay in jail for 15 months, instead of 12 months
  • Ghannouchi's latest sentence came following a police union's complaint accusing the opposition leader of inciting violence

Nordic countries announce deal to strengthen repatriation of refugees

COPENHAGEN, DENMARK - Nordic migration and justice ministers on Tuesday announced a deal to strengthen efforts for migrants to return to...
  • Denmark has spearheaded harder lines on migrants in the Nordics and stepped up initiatives to discourage immigration.
  • The first of the three initiatives was to increase collaboration between migration attaches responsible for deportation in the Nordic countries.

Holocaust memorial decries envoy for wearing yellow star at UN

His wearing of the badge, which has come to symbolize the oppression of Jews since its imposition in Nazi-occupied Europe,...
  • Israel's Holocaust memorial Yad Vashem chairman Dani Dayan said he was "sorry to see" the move by the Israeli delegation in New York
  • "This act disgraces the victims of the Holocaust as well as the state of Israel," Dayan said in a Hebrew-language post on X, formerly Twitter

50 Palestinians killed in airstrike as Israel pushes deeper into Gaza

As relentless bombardment of Gaza continues, US Secretary of State Antony Blinken said that the Palestinian Authority should retake control...
  • Iran said it was "natural" for Tehran-backed groups to attack Israel in light of its war on Hamas, warning of a wider spillover if no ceasefire is reached.
  • The UN agency for Palestinian refugees, UNRWA, warned that the limited number of aid convoys entering Gaza were insufficient to meet the "unprecedented humanitarian needs'.

Bilateral trade in 2023 to overtake 2022 figures, says Canada’s envoy to UAE

ABU DHABI, UAE - Trade between the two countries is on an upswing with volumes this year expected to surpass...
  • Trade between the UAE and Canada, worth US$4.1 billion in 2022, surpassed the 2021 figure of US$3.4 billion (AED12.7 billion).
  • Bilateral trade to the tune of US$1.8 billion in H1 2023 (January to June) exceeded the US$1.7 billion worth of trade in H1 2022.

Foreign investments rise in NE China due to several projects

SHENYANG, CHINA – Investments in the country’s northeast have grown over the past years as several multinational corporations put in...
  • Aramco and JV partners NORINCO Group and Panjin Xincheng Industrial Group have a mega Saudi-Chinese petrochemical project in Liaoning Province.
  • The project is a 300,000 barrels per day refinery and a petrochemical complex with an annual production capacity of 1.65 million metric tons.

Thai FM travels to Qatar, Egypt for Hamas hostage talks

Prime Minister Srettha Thavisin said Monday his government was working hard to get Thai citizens home. About 30,000 Thais were...
  • More than 230 hostages are being held by Hamas in Gaza, according to the latest Israeli figures
  • Thai FM is traveling to meet Qatari leaders to discuss the situation of Thai nationals being held hostage

Trump says ‘nothing’ will jeopardize Gaza ceasefire after Israeli strikes kill 38 people

Trump defended Israel's actions on Wednesday, saying it "should hit back" if Israeli soldiers were killed, but added that "nothing's...

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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...

22 killed in Israeli air strikes across Gaza

The Israeli military has stepped up its Gaza offensive in recent days in what it has described as a renewed...

Syria revamps interior ministry to reassure West

The interior ministry restructure includes reforms and creating "a modern civil security institution that adopts transparency and respects international human...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Syria hails US lifting of Assad-era sanctions

The move was formalised Friday after being announced by Trump on a Gulf tour this month during which he shook...
  • Keen to reboot and rebuild after 14 years of devastating civil war, the new authorities in Damascus have hailed Washington's lifting of US sanctions
  • The move was formalised Friday after being announced by Trump on a Gulf tour this month during which he shook hands with Syria's interim President Ahmed al-Sharaa

Iran-US nuclear talks: key points of contention hampering progress

Tehran, Iran - Long-time adversaries Iran and the United States held a fifth round of Oman-mediated nuclear talks on Friday...
  • The United States and Western countries suspect Iran of seeking to acquire nuclear weapons, but Iran denies having such ambitions
  • American officials including Middle East envoy Steve Witkoff, who has led Washington's delegation at the talks, have spoken out against Iran's enrichment programme

Syrian leader meets Turkish president in Istanbul

Syria's interim leader met with Turkey's president in Istanbul on Saturday, in an unannounced visit amid efforts by the new...
  • Ankara is a firm supporter of Syria's new Islamist authorities, who toppled longtime dictator Bashar al-Assad in December
  • The Syrian delegation included its foreign and defence ministers and would "discuss a number of common issues" with the Turkish side