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

UN urges Israel to call off northern Gaza evacuation order

Israel's army said it has called for all Gaza City residents to evacuate their homes and head south of the...
  • Stephane Dujarric said the army's evacuation order applies to all UN staff and those sheltering in UN facilities - including schools, health centers and clinics
  • The UN agency for Palestinian refugees (UNRWA) is sheltering more than 60 percent of the 423,000 people displaced in recent days in the Gaza Strip

UN calls for $294m for ‘urgent needs’ in Gaza, occupied West Bank

Nearly 60 percent of households in Gaza were considered food insecure before the start of the new hostilities. As of...
  • The funds would be used to help more than 1.2 million people, the UN Office for the Coordination of Humanitarian Affairs (OCHA) said
  • UN has previously estimated it would need $502 to fund operations to aid 2.1 million Palestinians in 2023, a goal that is less than 50-percent financed

Gulf Common Market aims for economic unity by 2025

The bloc's initiative aims for a customs union by 2024, fostering competition and ensuring the smooth flow of goods between...
  • The bloc's initiative aims for a customs union by 2024, fostering competition and ensuring the smooth flow of goods between Gulf countries through joint economic action
  • Additionally, the Gulf Common Market will also contribute to regional political stability, bolstering military cooperation and enhance tourism and investments in the region

A ‘new front’ in Hamas war depends on Israel’s actions, says Iran

Speaking from Beirut's airport, the top diplomat said that Iran's regional allies, known as the "axis of resistance", could respond...
  • Although Tehran has been a long-term backer of Hamas, Iranian officials have been adamant that the country had no involvement in the Hamas attack
  • Nevertheless, the United States fears the opening of a second front on Israel's northern border with Lebanon if Hezbollah were to intervene

Egypt receives humanitarian aid bound for Gaza

Cairo, Egypt- The first shipment of humanitarian aid arrived in Egypt's Sinai on Thursday from Jordan, state-affiliated media reported, to be...
  • El-Arish airport, 30 miles away from the Rafah border crossing into Gaza, "has been designated by Egyptian authorities to receive international humanitarian aid.
  • It was not immediately clear when the aid would arrive in Gaza, after three Israeli air strikes on the Rafah border crossing resulted in its closure.

Israel-Hamas war a ‘new cloud’ over world economy, says IMF

Marrakesh, Morocco-- The war between Israel and Hamas has cast a shadow over the IMF-World Bank annual meetings in Morocco, with...
  • IMF Managing Director Kristalina Georgieva said the International Monetary Fund was "very closely monitoring how the situation evolves" and how it is affecting oil markets
  • She said it was "too early" to assess the impact of the conflict, but "this is a new cloud on not the sunniest horizon for the world economy -- new cloud, darkening this horizon

Countries evacuate citizens as Israel-Hamas war rages

Thousands of foreigners are stuck in Israel and across the Palestinian territories, where a full-blown war has erupted since Hamas...
  • Argentina, the Latin American country with the largest Jewish population, on Tuesday started evacuating over 1,200 of its citizens from Israel.
  • "Around 4,500 German citizens" have registered on a list seeking help to return, a foreign ministry source said.

Blinken to visit Saudi Arabia, Egypt and UAE on Israel war

The three countries are additional stops on his visit that included meetings with King of Jordan and Mahmud Abbas. Blinken...
  • Israeli strikes knocked Syria's airports in Damascus and Aleppo, both controlled by the Syrian government, out of service.
  • Gaza is being pounded every 30 seconds by Israeli strikes; a total of 4,000 tons of explosives has rained on the besieged territory.

Risk of oil supply disruptions due to Hamas-Israel conflict limited: IEA

The Paris-based agency, in addition to its analysis and advisory roles, coordinates the release of emergency stocks held by its...
  • Oil prices jumped at the start of the conflict but have since eased as there was no immediate disruption to supply flows and other nations have not intervened.
  • Yet prices remain relatively high thanks to supply cuts by Saudi Arabia and Russia, with the IEA also warning it was beginning to see signs of demand destruction.

X rebuffs EU disinformation claims on Israel-Hamas violence

EU internal market commissioner Thierry Breton raised the alarm in letters sent to Musk and Mark Zuckerberg, whose Meta group...
  • The firm's CEO wrote in a letter dated Wednesday that the platform had "taken action to remove or label tens of thousands of pieces of content" related to Israel and Hamas war.
  • The letter was addressed to EU internal market commissioner Thierry Breton, who had personally criticized Musk on social media on Tuesday, sparking a public clash between the two.

Saudi Arabia to host ATP Masters 1000 tennis event from 2028

Paris, France -- The ATP announced on Thursday the creation of a new Masters 1000 event which will take place...

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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...

India and Pakistan agree to ceasefire after days of attacks

Pakistan and India agreed Saturday to a full and immediate ceasefire after days of deadly jet fighter, missile, drone and...

Syria’s Sharaa meets Bahrain king on Gulf trip

Manama, Bahrain - Bahrain's King Hamad bin Issa Al Khalifa on Sunday welcomed Syrian President Ahmed al-Sharaa, Bahraini state media...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Rubio urges India, Pakistan to communicate to ‘avoid miscalculation’

Washington, United States - US Secretary of State Marco Rubio urged India and Pakistan to restore direct communication to "avoid...
  • Rubio placed telephone calls to the rivals' top diplomats and, for the first known time since the conflict erupted, also spoke with Pakistan's army chief
  • The stepped-up diplomacy came as the conflict intensified between the nuclear-armed neighbors, with Pakistan launching counterattacks after India struck three of its air bases

Israel not part of Gaza food aid plan: envoy

Israel would not be involved in food distribution under a US-led plan for the Gaza Strip but would provide "necessary military...
  • Despite imposing a now two-month-long blockade of aid on Gaza, Israel has asserted there is no humanitarian crisis in the territory.
  • The US-led initiative has been met with international criticism as it appears to sideline the United Nations and existing aid organisations

Pakistan says India has brought neighbours ‘closer to major conflict’

Pakistan charged India Friday with bringing the nuclear-armed neighbours "closer to a major conflict", as the death toll from three...
  • Most of the more than 50 deaths were in Pakistan during Wednesday's air strikes by India and included children
  • Pakistani military sources said that its forces had shot down 77 Indian drones in the last two days