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

Turkey pounds PKK bases in Iraq after Ankara bombing

In the wake of the bombing, Turkish President Recep Tayyip Erdogan had already vowed that "terrorists" would never achieve their...
  • On Sunday evening, an official in Iraqi Kurdistan reported Turkish army planes bombing parts of the Bradost region
  • Turkey's defense ministry acknowledged an "air operation" in Iraq, adding "20 targets used by terrorists" had been destroyed

Iraq and Iran review implementation of security agreement between two countries

Tehran, Iran--Iraq and Iran have reviewed the implementation of the security agreement in a meeting between the secretary of Iran's...
  • Qasim al-Araj, Iraq's NSA, arrived in Tehran on Sunday and held discussions with General Ali-Akbar Ahmadian, the secretary of Iran's Supreme National Security Council (SNSC)
  • The agreement guarantees the security of the borders of the two countries, affording a road map to eliminate the insecure components in the region

Saudi Arabia, Pakistan ink pact on digital transformation, innovation

RIYADH, SAUDI ARABIA - The Kingdom of Saudi Arabia signed a memorandum of understanding (MoU) with Pakistan here on Sunday...
  • Under the terms of the MoU, Saudi Arabia and Pakistan will strengthen their SME and start-up ecosystems.
  • They will cooperate on policies, regulations and legislation in the digitization and electronic manufacturing sectors.

Italian-Palestinian man held by Israel due to be released, says lawyer

ROME, ITALY - An Italian-Palestinian student detained without charges by Israel since August was due to be released, his lawyer in...
  • Khaled El Qaisi, 27, was arrested on August 31 while crossing from the West Bank to Jordan after a family vacation in his home city of Bethlehem.
  • Family members in Rome appealed last month for intervention from Italy to help the student, who was born in Palestine but is also an Italian citizen.

Expo 2023 building in Guinness World Records for largest green roof

Doha, Qatar -- The main building of Expo 2023 in Doha has made it to the Guinness World Records for...
  • The roof of the building, implemented by Qatar's Public Works Authority (Ashghal), has an area of 4,031 square meters.
  • The new global achievement is the sixth world record achieved by Qatar's Public Works Authority in the previous years.

Russia plans visa-free travel with Latin American countries

MOSCOW, RUSSIA – A senior Russian official said that they intend to move towards visa-free travel with all countries of...
  • The Director of the Russian Foreign Ministry’s Latin American Department said that visa-free travel with all Latin American states is an achievable goal.
  • The statement on visa-free travel was made by the senior diplomat on the sidelines of the "Russia - Latin America" conference.

Yemen carrier suspends international flights from rebel-held Sanaa

Yemenia operates near-daily commercial flights to the Jordanian capital Amman -- its only direct international destination from Sanaa's Houthi-controlled airport...
  • In a statement, the airline blamed the rebels for the move, accusing them of restricting access to company accounts in Sanaa banks since March -- a charge the Houthis have denied.
  • Yemenia said it was barred from accessing more than $80 million in deposits, causing "severe damage to the company's activity".

Turkey says ‘terrorist attack’ took place in Ankara

The ministry said two attackers arrived in a commercial vehicle around 9:30 am (0630 GMT) "in front of the entrance...
  • The targeted district is home to several other ministries and the Turkish parliament, which was due to reopen today with an address from President
  • TV channel reported gunfire in the cordoned-off district, where emergency services were in attendance, nobody immediately claimed the attack

Libya’s eastern govt postpones Derna reconstruction conference

The conference was put off until November 1-2 to "offer time for the submission of effective studies and projects" for...
  • The authorities later said that the conference would draw in international corporations, and on Sunday the committee said the postponed event would be held in Derna and Benghazhi.
  • Libya is divided between an internationally recognized Tripoli-based administration in the west, and the one in the flood-stricken east backed by military strongman Khalifa Haftar.

Afghan embassy in India suspends operations

Most foreign nations -- including India -- do not officially recognize Afghanistan's Taliban government but acknowledge them as the de...
  • India will take control of the Afghanistan embassy in a caretaker capacity, said an embassy statement posted on social media
  • The unsigned statement said it had been "increasingly challenging" to continue operations due to cuts in staff and resources

Southern EU countries call for ‘immediate release’ of Gaza aid

Countries of the so-called MED9 group -- Croatia, Cyprus, France, Greece, Italy, Malta, Portugal, Slovenia and Spain -- met on...

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UAE says citizens can again travel to Lebanon

The announcement comes after Lebanon's President Joseph Aoun met with his UAE counterpart Mohamed bin Zayed in Abu Dhabi on...

Global rice output in 2024/25 likely to expand by 1.5%: FAO

Rome, Italy --  The Food and Agriculture Organization of the United Nations (FAO) released a new Cereal Supply and Demand...

Hamas armed wing releases video of apparently injured Israeli hostage

The armed wing of Hamas, the Ezzedine al-Qassam Brigades, released a video Saturday showing an Israeli-Russian hostage who appeared to have...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel launches new Syria strikes amid Druze tensions

Israel launched more than 20 air strikes inside Syria late Friday, a war monitor said, following up an attack near...
  • The strikes came amid Israeli warnings to the Damascus government not to harm the Druze minority, following recent sectarian clashes
  • An Israeli military statement said its forces had "struck a military site, anti-aircraft cannons and surface-to-air missile infrastructure in Syria."

Israel says intercepts missile fired from Yemen

The Israeli military said Friday it intercepted a missile fired from Yemen, where Huthi rebels recently claimed responsibility for a...
  • Yemen's Iran-backed Huthi rebels have not claimed responsibility for the Friday launch, but said Sunday they had launched a "hypersonic missile" at the Nevatim air base
  • The Huthis are part of Iran's "axis of resistance" against Israel and the United States, portraying themselves as defenders of Palestinians in the Gaza Strip amid the ongoing war

Israel strikes near Damascus presidential palace over Druze violence that kills over 100 people

Israel has since then attacked hundreds of Syrian military sites and on Friday announced its "fighter jets struck adjacent to...
  • Israel has attacked hundreds of Syrian military sites and on Friday announced its "fighter jets struck adjacent to the area of the palace" in the capital Damascus
  • Israel sees the new forces in Syria as jihadists and has warned them to protect the Druze minority, with Defence Minister Israel Katz saying his country could otherwise respond."