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

WHO transports Gaza aid to Egypt, waits for humanitarian access

Geneva, Switzerland - The World Health Organization said on Saturday enough basic health supplies to serve 300,000 people in the Gaza...
  • The WHO supplies include enough medicines to treat 1,200 wounded patients and 1,500 patients suffering from various diseases.
  • The supplies were ready to go in once humanitarian access could be established through the Rafah crossing from Egypt into the southern Gaza Strip.

IMF agrees on rise in funding, extra Africa board seat

The IMF announced member nations agreed to increase their contributions to the global lender and give sub-Saharan Africa a third...
  • The quotas, which are based on the size of a country's economy, determine how much funding a nation should provide to the IMF.
  • IMF chief Kristalina Georgieva and World Bank President Ajay Banga used this week's meetings to urge members to step up funding.

UAE, South Korea ink MoU to enhance air transport relations

ABU DHABI, UAE - The United Arab Emirates, represented by the General Civil Aviation Authority (GCAA), has signed a Memorandum...
  • This MoU includes an agreement to increase the number of national carrier flights between the two countries to 21 flights per week.
  • The signing of this MoU followed discussions held in Seoul on October 12 and 13, 2023, with representatives from both countries' aviation sectors.

More than 1,300 buildings destroyed in Gaza: UN

Prime Minister Benjamin Netanyahu has said the bombardment is "just the beginning" as Israel seeks to retaliate against Hamas after...
  • UN's humanitarian agency said "5,540 housing units" in those buildings were destroyed and nearly 3,750 more homes were so badly damaged they were uninhabitable
  • At least 1,900 Gazans -- most of them civilians and including more than 600 children -- have been killed in missile strikes on the densely populated enclave

Prepared for action against Israel when time comes: Hezbollah

Hezbollah deputy chief Naim Qassem spoke as Hamas and Israel traded heavy fire for a seventh day, after hundreds of Hamas...
  • A Reuters journalist was killed and six others were wounded in southern Lebanon in cross-border shelling
  • In Beirut on Friday, more than 1,000 Hezbollah supporters rallied for Gaza, carrying Palestinian flags

UN chief stresses ‘even wars have rules’ as Israel bombs Gaza

Describing the situation in Gaza as having reached a dangerous new low, UN Chief Antonio Guterres said that there was...
  • Close to 1,900 people in Gaza have been killed in the waves of missile strike by Israel
  • The secretary general exhorted all parties to do everything possible to achieve these steps

Protesters in New York call for a ‘free Palestine’

Calling for an end to "Israeli occupation" and the "liberation" of the Palestinian territories, protesters took up multiple blocks in...
  • In Brooklyn, dozens of protesters were arrested on Friday night as they held a sit-in blocking traffic after demonstrating in front of the home of Chuck Schumer, a Democrat
  • Called by the organization Jewish Voice for Peace, which has urged elected officials to stop genocide against Palestinians in Gaza, the protest drew a mass of protesters

Saudi Arabia puts normalization talks with Israel on hold: reports

Riyadh, Saudi Arabia - Saudi Arabia has reportedly decided to suspend peace talks with Israel and the United States, Bloomberg...
  • Although the talks have not been terminated, they are temporarily frozen until the violence in the region subsides, reports said
  • Saudi Arabia's Crown Prince and Prime Minister Mohammed bin Salman, also engaged in a conversation with Iran's president this week

Putin expected in Beijing, more dependent than ever on China

The Russian leader's strategic dependence on China has only grown since his invasion of neighbouring Ukraine thrust his country into...
  • Beijing is hosting representatives of 130 countries on October 17-18 to mark a decade of its Belt and Road Initiative (BRI)
  • But all eyes will be on Putin, who last month told Beijing's Foreign Minister Wang Yi in Saint Petersburg he had "gladly accepted" Xi's invitation

Russia calls for Israel-Hamas cease-fire at UN

With Israel's bombardment of the Gaza Strip showing no sign of any let up, and death toll touching 1,900 people,...
  • Russian ambassador said there were positive responses to the draft resolution among some member states.
  • Chinese ambassador said that there was an "emerging consensus" on the humanitarian concerns

Trump issues stark warning to Israel over annexing West Bank as Rubio begins visit

"It won't happen," Trump said when asked about calls in Israel to annex the Palestinian West Bank which has been...

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Trump hails Air Force One ‘gift’ from Qatar

Calling the plane a "flying palace," ABC News, which first reported the story, said the Boeing 747-8 jumbo jet gifted...

Hamas to release hostage as part of direct talks with US

In a joint statement Egypt and Qatar, who along with the US have mediated talks between Hamas and Israel, also...

India, Pakistan ceasefire holds after early violations

Poonch, India -  A ceasefire appeared to hold on Sunday between India and Pakistan, hours after the nuclear-armed rivals accused...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Putin proposes direct Russia-Ukraine talks next week

Russian President Vladimir Putin on Sunday proposed holding direct talks with Ukraine in Istanbul on May 15, hours after Kyiv and...
  • The leaders of Ukraine, Britain, France, Germany and Poland had in Kyiv on Saturday threatened Moscow with fresh sanctions and military support for Ukraine
  • Russian and Ukrainian negotiators held direct talks in Istanbul in the first weeks of the conflict, but failed to agree to halt the fighting, which has been raging ever since

Jordan hospital treats war casualties across Middle East

The hospital was established in 2006 to treat victims of the sectarian violence that erupted in Iraq in the aftermath...
  • MSF field communications manager Merel van de Geyn said the Al-Mowash hospital has patients "from conflict zones across the Middle East, from Syria, Yemen, Iraq and Gaza."
  • The hospital was established in 2006 to treat victims of the sectarian violence that erupted in Iraq in the aftermath of the US-led invasion, but has since expanded its mission

4th round of Iran, US talks amid enrichment concerns

Iran's Foreign Minister Abbas Araghchi said ahead of Sunday's meeting that "the negotiations are progressing and, naturally, the further we...
  • The negotiations mark the highest-level contact between the two foes since Washington withdrew from a landmark nuclear deal in 2018, during President Donald Trump's first term
  • Both sides have reported progress after previous talks, but there have been some delays and disagreements over Iran's right to enrich uranium, which Tehran says is "non-negotiable"