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

US orders 2,000 more troops to be ready to deploy to Middle East: report

Washington, United States - The US Defense Secretary Lloyd J. Austin III has ordered the preparation of approximately 2,000 additional...
  • These troops, currently stationed in the United States and Europe, may not serve in combat roles but would offer advice and medical support to Israeli forces
  • While the final decision on deployment has not been made, increasing the troops' readiness enhances the Pentagon’s ability to respond swiftly to the evolving security situation

UN chief slams ‘collective punishment’ of Palestinians

Antonio Guterres, speaking at an economic forum in China, condemned the October 7 Hamas attacks on Israel that killed more...
  • Guterres appealed for an "immediate humanitarian ceasefire" in the war between Israel and Hamas in Gaza
  • He called on Hamas for the "immediate and unconditional release of hostages" taken during Hamas's assault

Outrage, condemnation over deadly Gaza hospital strike as Russia, UAE call for UNSC meeting

The 57-member Organisation of Islamic Cooperation denounces Israel's backers for granting the country "impunity in its war in Gaza, taking...
  •  The OIC Secretary-General held the Israeli occupation fully responsible for the consequences of its "crimes" and "terrorist practices"
  • GCC statement said that targeting the hospital is glaring evidence of the serious violations by the Israeli occupation forces who do not recognize international conventions

Neighboring nations fear repercussions of Gaza conflict

As Israel advises around 1.1 million residents of northern Gaza Strip to evacuate, concerns grow about the potential ripple effects...
  • With Israel advising a significant portion of Gaza's population to evacuate, the potential repercussions on neighboring Lebanon, Jordan and Egypt are being gauged
  • As the situation unfolds amid the Middle Eastern conflict, the strategies and stances of key players, including Lebanese Hizbollah and Hamas, come to the forefront

Emirati investments in Turkey reach $5.6 billion in 2022

ABU DHABI, UAE – Ahmet Burak Daglioglu, Head of the Investment Office of the Turkish Presidency, said that the cumulative...
  • UAE currently stands as Turkey's 13th largest trade partner for exports and the 15th largest for imports.
  • From 2014 to 2022, the total foreign direct investment from Turkey to the UAE amounted to approximately $1.1 billion

Markets fall as Biden set for Middle East diplomacy drive

US and European stock markets mostly fell and oil prices rose as US President Joe Biden prepared for a trip...
  • Wall Street opened in the red, with the tech-heavy Nasdaq shedding more than one percent, while Frankfurt and Paris fell 0.6 percent afternoon deal.
  • "Understandably, not many people are in the mood to put their hard-earned cash at risk in these uncertain economic times," said an expert.

Israel bombs hospital in Gaza, hundreds killed: Health Ministry

The health ministry of the besieged enclave said between 200 and 300 people displaced by 10 days of heavy bombardment...
  • Separately, the UN agency supporting Palestinian refugees said six people were killed when one of its schools sheltering displaced families was hit during Israeli strikes.
  • Palestinian president Mahmud Abbas declares three days of mourning after the "hospital massacre" in Gaza.

Tech summit in disarray after organizer’s Israel comment

Paris, France - Several technology industry leaders have decided to boycott one of the sector's biggest annual events after the organizer...
  • "War crimes are war crimes even when committed by allies, and should be called out for what they are," Cosgrave wrote on October 13
  • Cosgrave also said that Israel should adhere to the Geneva Conventions, "ie, not commit war crimes"

Hamas says one of top commanders killed in Israel strike

Hamas attacked Israel on October 7 and left over 1,400 people dead and triggered Israeli retaliatory strikes on Gaza where...
  • Palestinian group Hamas said that one of the top leaders of its armed wing was killed during an Israeli strike in the Gaza Strip.
  • Confirming his killing, the Israeli military described Ayman Nofal as "one of the most dominant figures" in Hamas.

First group of evacuees from Israel aboard US ship lands in Cyprus

Nicosia, Cyprus - A first group of evacuees from Israel arrived in Cyprus on Tuesday aboard a US-chartered cruise ship as...
  • The 159 evacuees on board the Royal Caribbean cruise ship Rhapsody of the Sea primarily consisted of elderly individuals, families with children and tourists.
  • Cyprus is being used as a safe transfer hub for foreign nationals evacuated from Israel after Hamas' shock October 7 attack, which killed more than 1,400 in Israel.

Afghanistan, Pakistan seek to firm up truce in Istanbul talks

Afghan and Pakistani negotiators were locked in talks to hammer out a lasting ceasefire Saturday, with Islamabad warning that if...

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Trump says getting close to deal to avoid Iran action

US President Donald Trump said Thursday a deal was close on Iran's nuclear programme that would avert military action, sending...

Warm Trump-Erdogan ties puts Turkey at heart of peace diplomacy

Turkey is deploying all-out diplomatic efforts to secure a Russia-Ukraine deal, to ease Syria's relations with the West and facilitate...

Ukraine, Russia to hold first direct talks since 2022

War rivals Ukraine and Russia are set to go into their first direct talks in more than three years on...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Turkey eyes legal steps after Kurdish militant group PKK disbands

Ankara, Turkey - After the decision by the Kurdish militant group PKK to disband, Turkey was eyeing Wednesday a raft...
  • The pro-Kurdish DEM party urged Ankara on Tuesday to take "confidence-building steps" such as freeing political prisoners
  • So far, Turkish officials have said little but the government is working on a proposal that could ease prison sentences in general

Gaza rescuers say 80 killed in Israeli strikes

Gaza rescuers said at least 80 people were killed in Israeli bombardment across the Palestinian territory on Wednesday, as Israeli...
  • AFP footage from the aftermath of a strike in Jabalia, northern Gaza, showed mounds of concrete rubble and twisted metal from collapsed buildings
  • Footage of mourners in the north of the territory showed women in tears as they kneeled next to bodies wrapped in bloodstained white shrouds

Trump presses Syria leader on Israel after lifting sanctions

US President Donald Trump landed in Doha Wednesday after visiting Riyadh, where he urged Syria's president to normalise with Israel...
  • Trump became the first US president in 25 years to meet a Syrian leader -- Ahmed al-Sharaa, an erstwhile Islamist guerrilla and jihadist who had been on a US wanted list
  • Turkey and Saudi Arabia both advocated reconciliation with Syria, but the move is the latest to put Trump at odds with Israel, which has expressed deep scepticism of Sharaa