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

Crypto crackdown intensifies on Hamas finance

Israeli and US authorities have intensified their financial hunt into Hamas in recent days as they track illicit funds via...
  • Crypto addresses identified by Israel as being linked to Hamas received about $41 million between August 2020 and July 2023, according to Israeli analytics
  • Other crypto addresses linked to Islamic Jihad received in excess of $154 million between October 2022 and September 2023, with some still active

Kuwait calls for turning Middle East into nuclear-free region

New York, US-- Kuwait's permanent envoy to the UN, Tareq Al-Bannai, has affirmed Kuwait's continuous efforts to make the Middle...
  • Kuwait envoy Tareq Al-Bannai made the remarks during an event organised by Kuwait's permanent mission to the United Nations
  • The ambassador said the responsibility for creating the zone falls on the members in the treaty on the prohibition of nuclear weapons

Netanyahu says Israel ‘preparing’ Gaza ground war

Thousands of Gazans are already believed to have died in Israel's aerial assault, with the toll expected to rise substantially...
  • Facing ever-louder international calls to temper Israel's ferocious 19-day bombing campaign in the Hamas-controlled territory
  • US President Joe Biden is among the foreign leaders stepping up public calls for Israel to "protect innocent civilians"

Putin warns Israel-Hamas conflict could escalate beyond the Middle East

Moscow, Russia - Russian President Vladimir Putin warned on Wednesday that the Israel-Palestine conflict could potentially extend beyond the Middle...
  • Russian leader expressed concern that unnamed forces aimed to exacerbate the situation and draw additional countries and people into the conflict
  • He reiterated his country's support for a two-state solution to the Israeli-Palestinian issue, which he believed was the only way to achieve a long-term resolution

Gunman kills 22 in mass shooting in Maine, US

The county sheriff's department asked people to lock down or close their business while "we investigate." The gunman is still...
  • The law enforcement officials posted a photo of the shooter on Facebook with a weapon inside the bowling alley
  • Police in the city of Lewiston said they are trying to locate Robert Card, 40, "as a person of interest" in the shooting

UAE hosts seventh edition of Interpol’s strategic dialogue

Abu Dhabi, UAE--The UAE's Ministry of Interior and the Gulf Police Service hosted the seventh edition of the strategic dialogue...
  • The strategic dialogue held in Abu Dhabi facilitated high-level discussions aimed at harmonizing efforts in the face of global threats
  • It bolsters the global response to criminal threats and ramps up coordination between Interpol and regional policy and border management organizations.

Turkey ready to act as guarantor for Palestine to resolve conflict with Israel: Erdogan

Istanbul, Turkey - Turkey is ready to act as a guarantor country for Palestine in the settlement of the Palestinian-Israeli...
  • Turkish president also proposed to convene an international peace conference aimed to resolve the ongoing crisis
  • He called on the countries to asses this proposal as soon as possible, to take concrete steps and open the doors to the peace

Turkey and Qatar reject ‘double standards’ in Gaza response

Qatar's top diplomat Mohammed bin Abdulrahman Al-Thani said the two governments -- both Western allies -- "reaffirm our complete rejection...
  • The Qatari minister said the only way to restore peace in and around Gaza was to keep channels of communication open.
  • He said Doha and Ankara would continue to coordinate with each other and regional partners to de-escalate the conflict.

UN warns Gaza fuel shortage will stop aid work as death toll mounts

Israeli strikes have now killed more than 6,500 people in Gaza, a rise of over 700 since Tuesday, according to...
  • Israel has refused to allow fuel shipments into Gaza, fearing Hamas will use it for weapons and explosives and accusing the militant group of stockpiling supplies in large tanks
  • Aid groups warned that more people will die if medical equipment, water desalination plants and ambulances stop running in Gaza, where the only power plant went offline weeks ago

Erdogan cancels Israel visit, says Hamas not terrorists but liberators

Erdogan had taken a more measured tone in the first day of war, condemning all attacks against civilians and urging...
  • He doubled down on Wednesday, telling ruling party lawmakers in parliament that Turkey "never approved the atrocities being committed by Israel".
  • He told his party that Turkey had "no problem with the Israeli state" but could not accept its "disgusting and brutal attacks" on Gaza.

Long-shot socialist Mamdani in touching distance of becoming NY mayor

New York, United States - An unknown local lawmaker just a few months ago, leftist Zohran Mamdani has burst onto...

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US accepts Boeing jet from Qatar for use as Air Force One

US Defense Secretary Pete Hegseth has accepted the Boeing 747 that the Gulf emirate of Qatar offered to President Donald...

Israeli ‘warning’ fire at diplomats sparks outcry amid Gaza pressure

EU foreign policy chief Kaja Kallas urged Israel to hold to account those responsible for the shooting near Jenin, a...

Oil prices jump on report of Israel prepping Iran strike

Both main crude contracts jumped around one percent after CNN reported multiple US officials as saying the government had received...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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EU to lift all economic sanctions on Syria to help the war-torn country

EU countries agreed Tuesday to lift all their remaining economic sanctions on Syria in a bid to help the war-torn...
  • The move from the European Union comes after US President Donald Trump announced last week that Washington was lifting its sanctions against Syria.
  • The country's new rulers have been clamouring for relief from the crushing international punishment imposed after Assad's crackdown on opponents

US asking countries for ‘voluntary’ Palestinian relocation: Rubio

Israel has again warned the population of Gaza -- nearly entirely displaced since the war broke out over the October...
  • President Donald Trump has repeatedly mused about displacing Gaza's two million people to make way for reconstruction.
  • Responding to a question in testimony to the Senate Foreign Relations Committee, Rubio said: "There's no deportation."

UK halts trade talks with Israel, summons envoy over Gaza

Foreign Secretary David Lammy accused Israeli Prime Minister Benjamin Netanyahu's government of "egregious actions and rhetoric" over its expansion of...
  • Lammy said Britain "cannot stand by in the face of this new deterioration" in Gaza and was pausing negotiations with Israel on a new free-trade agreement.
  • Israel was the country's 44th-largest trading partner last year, with the two countries exchanging 5.8 billion pounds ($7.8 billion) in goods and services.