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 steps up Gaza strikes ahead of ground invasion

"Gaza was a desperate humanitarian situation before the most recent hostilities," five UN agencies said. "It is now catastrophic." At...
  • The summit ended without a joint statement however, as Western officials demanded a clear condemnation of Hamas, and Arab attendees issued statements criticizing world leaders.
  • The scale of the bombing has left basic systems unable to function, with unidentified bodies were buried in a mass grave in Gaza City because cold storage has run out.

Israeli strikes knock out Damascus, Aleppo airports: Syria state media

While Israeli strikes have repeatedly caused the grounding of flights at the government-controlled airports in the capital Damascus and the...
  • The military source said the "simultaneous" strikes came "from the direction of the Mediterranean west of Latakia and from the direction of the occupied Syrian Golan"
  • Last weekend, Israeli strikes targeted Aleppo airport, wounding five people, a war monitor reported, also putting it out of service, according to the authorities

Russia seeks new Security Council meeting on Gaza war

It has repeatedly called for talks on ending the conflict, which has risked undermining its growing ties with Iran and...
  • Russia convened a meeting on the war on Monday but its ceasefire resolution failed due to opposition
  • More than 3,700 Palestinians, mainly civilians, have been killed across the Gaza Strip in relentless Israeli bombardments

India dispatches 38.5 tonnes of humanitarian aid for Gaza

New Delhi, India--India on Sunday flew 38.5 tonnes of humanitarian aid to Egypt's Sinai region for Palestinian civilians from the...
  • According to Indian foreign ministry, a plane loaded with 6.5 tonnes of medical aid and 32 tonnes of disaster relief material was dispatched for the people of Palestine
  • The aid included essential life-saving medicines, surgical items, tents, sleeping bags, tarpaulins, sanitary utilities, and water purification tablets

Iraq airbase hosting US troops hit by suicide drone

Since Wednesday, three Iraqi bases used by US-led coalition troops have been targeted in five separate attacks -- Ain al-Assad,...
  • A statement issued on Telegram channels used by pro-Iranian armed groups said the attack was carried out by a group calling itself the Islamic Resistance in Iraq
  • A second Iraqi security source told the attack had involved two suicide drones, "the first was intercepted and the second crashed because of a technical problem," source said

Mediation will lead to Hamas hostage releases very soon: Qatar

Berlin, Germany--Qatar, a key power in the efforts to release hostages seized by Hamas from Israel, believes they can be released...
  • A Qatari Foreign Ministry spokesman told a German newspaper that hostages can be released very soon "thanks to ongoing discussions"
  • On Friday evening two American hostages were released by Hamas in Gaza, with Doha's mediation playing a key role in their freedom

Nearly 100,000 in pro-Palestinian march in London: police

Demonstrators held signs reading "Freedom for Palestine", "Stop Bombing Gaza" and "End Israeli Apartheid". Many waved Palestinian flags and some...
  • The London march brought traffic at the Marble Arch landmark to a standstill, and police said almost 100,000 had attended
  • Thousands also marched in cities across Spain including the capital Spain, Barcelona, Zaragoza and San Sebastien

US urges parties to keep Rafah crossing open for aid into Gaza

Saturday's was the first such delivery since the war broke out two weeks ago between Israel and Hamas, which rules...
  • Antony Blinken earlier urged "all parties to keep the Rafah crossing open to enable the continued movement of aid"
  • President Joe Biden said that US diplomatic efforts were continuing to allow for Americans to safely leave the territory

UN chief exhorts end to ‘godawful nightmare’ in Gaza

Antonio Guterres addressed a Cairo summit and pleaded for a "humanitarian ceasefire" in the war between Israel and Hamas fighters...
  • Arab diplomats attending Summit for Peace in Egypt's capital described it as fruitless
  • The UN chief said Palestinians need a continuous delivery of aid "at the scale that is needed"

Israeli army-Hezbollah exchange fire on Israel-Lebanon border

Jerusalem - Casualties were reported along the Israel-Lebanon border on Saturday as the army traded fire with Iran-backed group Hezbollah...
  • In Lebanon, Hezbollah said one of its fighters had been killed while in Israel, two Thai farm workers were wounded, emergency services said.
  • In southern Lebanon, at least 23 people have been killed. Most have been combatants, but at least four civilians have also been killed.

US treasury secretary signals deal to ease trade war with China

Washington, United States -- US Treasury Secretary Scott Bessent on Sunday signaled a tentative deal with China to de-escalate their...

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Dbeibah calls on armed groups to align with state

Days of clashes in the capital have pitted an armed group aligned with the Tripoli-based government against groups it has...

The US towns that took on ‘forever chemical’ giants — and won

Washington, United States -- No corner of Earth is untouched. From Tibet to Antarctica, so-called "forever chemicals" have seeped into...

Morocco to reopen embassy in Syria after Assad fall

Morocco said Saturday it will reopen its embassy Damascus, closed since 2012, signalling renewed support for Syria after the overthrow...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Arab summit presses for end to Gaza ‘bloodshed’ as Israel launched an expanded military offensive

Arab leaders meeting Saturday at a summit in Baghdad urged the international community to press for a Gaza ceasefire, as...
  • In a joint final statement, Arab League members also called for funding to back their Gaza reconstruction plan
  • It came hours after Israel's military launched a new Gaza offensive, saying it was part of "the expansion of the battle in the Gaza Strip."

Moody’s downgrades US credit rating on rise in govt debt

Moody's on Friday downgraded the United States's credit rating from the top triple-A level, citing rising levels of government debt...
  • The downgrade to Aa1 from Aaa adds to the bad news for the US president, coming on the same day his flagship spending bill failed to pass a key vote in Congress
  • Moody's decision to downgrade the United States from its top credit rating reflects a recent surge in US borrowing costs, which was further fueled by the Covid-19 pandemic

Trump reshapes US Mideast policy. Can deals work instead?

The Israeli military said Saturday it had launched "extensive strikes" as part of a fresh offensive in Gaza, after rescuers...
  • Trump vowed during his swing through Saudi Arabia, Qatar and the United Arab Emirates that there would be no more "lectures on how to live."
  • In an extraordinary rupture with his predecessors, Trump then lambasted what he called the "neo-cons" that oversaw bloody US military interventions in the region