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

GCC chief stresses need for combating corruption to fuel economic growth

Muscat, Oman-- Secretary General of the Gulf Cooperation Council (GCC), Jasem Mohamed Albudawi, has underscored the importance of cooperation in...
  • Albudawi spoke on corruption at the 9th meeting of the Ministerial Committee concerned with combating corruption in the GCC countries
  • He said fighting corruption has globally gained importance in recent years, in light of the growing negative impact of corruption on economies

The ‘Pax Americana,’ the ‘American world’ with a single hegemon is crumbling: Putin

Novo-Ogaryovo, Russia: The United States and its satellites are benefiting from conflicts in the Middle East and other parts of...
  • The US as a global superpower is becoming weaker, losing its positions, and everyone sees it, understands it, Russian president said
  • The United States ruling elites and their satellites are the major beneficiaries of the global instability, Putin said about conflict in Gaza

Gaza ceasefire will not happen: Netanyahu

Israeli prime minister said ceasefire would amount to surrendering to the Gaza Strip's rulers Hamas and said that the international...
  • Netanyahu said that Israel would "fight until this battle is won"
  • The health ministry in Gaza says at least 8,306 people have been killed

Biblical-scale catastrophe unfolding in Gaza Strip: Russia’s UN envoy

United Nations, New York - A humanitarian catastrophe on a biblical scale is unfolding in the Gaza Strip, Russia’s Permanent...
  • The number of fatalities in the enclave has surpassed 8,000 people, half of whom are women and children, the envoy pointed out
  • Over 2,000 people remain under the rubble, more than 21,000 sustained wounds while internally displaced people number 1.6 million, he added

Politics in fashion: Luxury brands react to Gaza crisis

From L'Oréal's controversy involving model Amena Khan to Chanel's significant financial pledge, the fashion industry is deeply entwined in political...
  • From L'Oréal's controversy involving model Amena Khan to Chanel's significant financial pledge, the fashion industry is deeply entwined in political discourse amid Gaza crisis.
  • As luxury brands navigate the delicate balance amid the ongoing Israel-Hamas conflict, the role of social media influencers and corporate philanthropy comes to the forefront.

Russia points fingers at ‘external’ forces behind anti-Israel riot

Moscow, Russia - Russia on Monday blamed "external interference" for an anti-Israel riot that closed an airport in the Muslim-majority region...
  • "Yesterday's events at Makhachkala airport are, to a large extent, the result of external interference," Kremlin spokesman said.
  • Russian police on Monday said they had arrested 60 people suspected of storming the airport, seeking to attack Jewish passengers coming from Israel.

UN warns of Syria danger and Israel-Hamas ‘spillover’

United Nations - The United Nations on Monday warned that Syria was at its "most dangerous" point in a long...
  • Syria has "seen growing instability and violence, exacerbated by the lack of a meaningful political process," Geir Pedersen, UN special envoy for Syria said.
  • "On top of the violence emanating from the Syrian conflict itself, the Syrian people now face a terrifying prospect of a potential wider escalation," Pederson said.

COP28 wide open to private sector, says climate talks chief

ABU DHABI, UAE -  Upcoming UN climate talks in Dubai will be open to the private sector on an unprecedented scale,...
  • Sultan Al Jaber, the COP28 president has consistently tried to frame the climate crisis as an economic opportunity.
  • He said about 70 ministers and 100 delegations are attending the two-day talks, more than double the usual number.

India pledges to free its ex-navy men on death row in Qatar

India's navy chief, Admiral R. Hari Kumar, told reporters on Monday that "every effort" was being made by the government...
  • Indian media report the eight -- among them former high-ranking and decorated officers, were arrested in Doha in August 2022
  • The eight men were employees of Al Dahra, a Gulf-based company that offers "complete support solutions" to the aerospace, security and defense sectors

Israeli tanks breach Gaza City, warplanes bomb key highway

"Dozens" of tanks entered the Zaytun district for over an hour, witnesses told AFP, saying they were "firing at any...
  • Hamas on Monday released a video it said showed three women from the hostages it seized on October 7, whom Israel says number around 239.
  • Lebanon's caretaker prime minister Najib Mikati told AFP on Monday he was working to ensure his country would not enter the war.

Iran proposes regional currency to boost trade

Tehran, Iran -- Iranian President Masoud Pezeshkian on Tuesday proposed that Iran and its regional trading partners establish a shared...

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Kuwait strips tens of thousands of citizenship since August 2024

The latest campaign abolishes naturalization by marriage, which only applied to women, and revokes citizenship granted to wives since 1987....

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Palestinian faction chiefs quit Damascus amid pressure

The leaders of pro-Iran Palestinian factions close to former ruler Bashar al-Assad have left Syria under pressure from the new...
  • In the Yarmuk Palestinian camp in the Damascus suburbs which was devastated during the war, factional banners usually at the entrance were gone
  • Many Palestinians fled to Syria in 1948 following the creation of Israel, and from the mid-1960s Syria began hosting the leadership of Palestinian factions

Antonio Guterres denounces ‘cruelest phase’ of Gaza conflict

"For nearly 80 days, Israel blocked the entry of life-saving international aid," Guterres said. "The entire population of Gaza is...
  • "The Israeli military offensive is intensifying with atrocious levels of death and destruction.
  • "Today, 80 percent of Gaza has been either designated an Israeli-militarized zone or an area where people have been ordered to leave."

Global anti-malware crackdown leads to 20 arrest warrants, Europol says

Authorities took down more than 300 servers worldwide, neutralized 650 domains and seized 3.5 million euros ($3.9 million) in cryptocurrency,...
  • The software taken down, known as "initial access malware", is used "for initial infection, helping cybercriminals to enter victims' systems unnoticed.
  • In total, "3.5 million euros in cryptocurrency" were seized, the agencies added, bringing the total amount of cryptocurrency seized during Endgame to 21.2 million euros.