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 and Bahrain agree to increase trade volume, boost tourism

"The foreign minister and I agreed that we should work together to increase the number of direct flights, the tourism,...
  • Israeli Foreign Minister Cohen arrived in Bahrain on Sunday, accompanied by a business delegation of more than 30 companies.
  • Earlier on Monday, he met Crown Prince Salman bin Hamad Al-Khalifa and discussed "the importance of advancing a free trade agreement".

Saudi and Iran to resume home-and-away matches: AFC

The move by the two countries' football federations would contribute to "fostering closer ties between their respective footballing communities, allowing...
  • Saudi Arabia and Iran severed ties in 2016 after Saudi diplomatic missions in Iran were attacked during protests over Riyadh's execution of Shiite cleric Nimr al-Nimr.
  • The AFC then decided that football matches between the two countries would take place on neutral ground, an arrangement it described at the time as "most unfortunate".

Half of large Swiss firms have faced cyberattacks: study

The study showed a correlation between the size of a company and the risk of cyberattacks. Based on a survey...
  • A full 45 percent of companies in Switzerland counting 250 employees or more have already been hit by at least one cyberattack
  • Florian Schutz, who is in charge of implementing Switzerland's national cyber protection strategy, said that "all companies are at risk"

Iran expects cooperation with Turkey to grow in Erdogan’s new term

Tehran, Iran-- Iran's President Ebrahim Raisi expects cooperation between his country and Turkey to grow during the "new term" of...
  • Iran's president met with the foreign minister of Turkey and other officials and hoped for an enhancement in ties between the two countries
  • The Turkish foreign minister believes that the bilateral trade between Ankara and Tehran can reach US$30 billion as the overall relations grow

Sultan AlNeyadi is back but his mission will continue, says MBRSC

According to MBRSC, Sultan AlNeyadi will continue his mission in order to benefit from the scientific experiments that he took...
  • Once the spacecraft splashed down, the astronauts were carried out of the capsule and placed in a gurney-type transport
  • Being the first Arab astronaut to do a spacewalk, Al Neyadi was seen smiling and waving to the camera after leaving the capsule

Israeli foreign minister in Bahrain for official talks

Cohen's trip comes less than two weeks before the third anniversary of the accords in mid-September. Despite now having steady...
  • Eli Cohen was accompanied by a political and commercial delegation, and is scheduled to meet Bahrain's king as well as his counterpart in Manama during the two-day trip
  • It is his first official visit to one of the signatories of the 2020 US-brokered Abraham Accords, which saw Israel normalise relations with Bahrain, the UAE and Morocco

Clashes between army and Turkey-backed rebels in Syria kill 23

The clashes broke out after pro-Ankara rebels tried to infiltrate Kurdish-held northeast Syria, killing 23 people, a war monitor said....
  • Turkey has launched many incursions against Kurdish forces in northern Syria since 2016
  • Kurdish authorities manage areas under their control through local civilian and military councils

Internal strife diminishes Israel’s regional clout

With a prolonged internal conflict anticipated and both the military and economy showing signs of strain, Israel's regional standing is...
  • With a prolonged internal conflict anticipated and both the military and economy showing signs of strain, Israel's regional standing is being affected, say experts
  • As Israelis gear up to celebrate the Jewish New Year on September 15, indications hint it won't be a joyous occasion unless internal unity is reestablished, they add

GCC Secretary General praises DCO role in digital transformation of Saudi economy

RIYADH, SAUDI ARABIA –  Secretary General of the Gulf Cooperation Council (GCC)Jassem Mohamed Albudaiwi visited the Digital Cooperation Organization (DCO)...
  • DCO plays an important role in e-development and helps in enabling countries to keep pace with the rapid growth of the digital economy.
  • The GCC Secretary General stressed on the importance of digital cooperation between the regional organization and the DCO.

Iran targets $30bn in annual trade with Turkey: Amirabdollahian

Tehran, Iran -- Iran and Turkey target $30 billion in annual trade in their endeavor to broaden political and economic...
  • Amirabdollahian said they have held extensive negotiations and weighed plans to carry out the agreements reached in the recent meeting between the presidents of the two nations.
  • "The transit routes in the region are not a factor of competition, but an element that strengthens relations between Iran and Turkey," he said.

Tunisian activists urge closure of factory units after poisonings

Tunis, Tunisia -- Activists in Tunisia on Sunday called for the closure of facilities at a chemical factory in Gabes,...

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US in hurry for nuclear deal, Iran says after high-stakes, rare direct talks in Muscat

Foreign Minister Abbas Araghchi, who briefly spoke face-to-face with Trump's special envoy Steve Witkoff during the indirect meeting in Oman,...

Turkey accuses Israel of seeking to ‘dynamite’ Syria ‘revolution’

Ankara, Turkey -Turkish President Recep Tayyip Erdogan accused Israel on Friday of sowing divisions in Syria in a bid to...

Hamas armed wing releases video showing hostage alive

Hamas's armed wing released a video on Saturday showing a hostage alive in Gaza, whom Israeli media widely identified as...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Gaza rescuers say family of 10 killed in Israel strike

A UN rights office report also warned that expanding Israeli evacuation orders were resulting in the "forcible transfer" of people...
  • Ten people, including seven children, were killed in an Israeli air strike that targeted the Farra family home in central Khan Yunis, Gaza civil defense officials said.
  • Turkish President Recep Tayyip Erdogan denounced Israel, saying: "If this is not barbarism, I ask you, what is it?"

UN shipping body approves first global carbon pricing system

From 2028, all ships will be required to use a less carbon-intensive fuel mix, or face financial penalties -- but...
  • Those who do not meet the guidelines will have to pay annually for every ton of greenhouse gas emissions that exceeds the targets set.
  • A majority of members, 63 states, voted for the carbon pricing system, including the European Union, Brazil, China, India and Japan.

In skies, as on land, European forces face gaps if US pulls back

Leeuwarden, Netherlands - Fighter jets from the United States, France, Finland and Germany roar into the skies from a Dutch...
  • Since returning to office, US President Donald Trump has sowed doubt over Washington's commitment to underpinning European security
  • But if Trump does decide to withdraw US forces, there are fears that could leave European militaries struggling to plug gaps in key areas