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

Fahd al-Jarallah appointed new Kuwait FM amid economic challenges

Kuwait City, Kuwait -- Kuwait Sunday announced the appointment of Fahd Abdulaziz al-Jarallah as the new Finance Minister. This decision...
  • This decision comes on the heels of the resignation of Manaf Abdulaziz al-Hajri, who held the position since April this year.
  • Kuwait, known for its vast oil reserves and robust fiscal stance, has been grappling with political disputes and bureaucratic hurdles.

White House race overshadows Biden visit to Florida hurricane zone

Large trees, broken limbs and tattered signs littered the side of the motorcade route, a testament to the power of...
  • DeSantis' office told US media on Friday the security requirements of a presidential visit would cause too much disruption to recovery efforts
  • Biden visited the city of Live Oak on Saturday, surveying damage via helicopter before meeting first responders and local officials at an elementary school

UK unveils plans for ‘fitting tribute’ to Queen Elizabeth II

Senior royal, political and other figures and experts are set to be appointed to the committee to develop ideas and...
  • The "fitting tribute" to Britain's longest-reigning monarch will be unveiled to coincide with what would have been her 100th birthday
  • A newly-formed entity will consider and recommend proposals for the memorial and legacy programme, government department said

Tech’s carbon footprint: can AI revolutionize responsibly?

The planet's 8,000 or so data centers are the foundation of our online existence, and will grow ever further with...
  • In 2019, researchers trained several large language models, and found that training a single AI model can emit the CO2 emission equivalent of five cars over their lifetimes.
  • Between 2010 and 2018, global data center energy use rose by only 6 percent, despite a 550 percent increase in workloads and computing instances, according to the IEA.

Three killed in ethnic protests in Iraq’s Kirkuk

The curfew was imposed in the evening after rival protests -- between Kurdish residents on one side and Turkmen and...
  • Two people were shot in the chest and a third in the head, Ziad Khalaf, director of the local health authority told media
  • Those wounded, including Kurds, Arabs and three members of the security forces, were hit by gunfire, stones or glass, said Khalaf

Iran receives first batch of Russian combat trainer jets

According to an Iranian media outlet, a batch of advanced Yak-130 training aircraft flew into the Shahid Babaei Air Base...
  • Iran and Russia have ramped up military cooperation in the recent years despite international sanctions
  • Many in the West have accused Tehran of supplying Moscow with weapons for use in its war against Kyiv

Clashes hit Kurdish-held east Syria after curfew

BEIRUT, LEBANON - Sporadic clashes took place on Saturday in a Kurdish-held area of eastern Syria, a monitor said, after a...
  • "Calm has been relatively restored, as the intensity of fighting has decreased due to the 48-hour curfew," an official said.
  • The violence has so far killed 54 people, including six children, said the Syrian Observatory for Human Rights, a Britain-based war monitor.

Dozen injured after skirmish between Israeli police, Eritrean protestors

TEL AVIV, ISRAEL- A dozen Eritrean asylum seekers were wounded by Israeli police gunfire here on Saturday after a demonstration against...
  • Clashes began outside a south Tel Aviv venue that was set to host a pro-regime event organized by the Eritrean embassy in Israel.
  • Protestors "hurled rocks and wooden planks" at officers, who used riot dispersal means and mounted forces to clear the Eritreans.

Nobel Foundation withdraws invitation to Russia, Belarus envoys

Ukrainian foreign ministry spokesman Oleg Nikolenko wrote on Facebook that the foundation should support efforts to isolate Russia and Belarus...
  • In 2022, the Nobel Foundation decided not to invite the Russian and Belarusian ambassadors to the Stockholm award event because of Ukraine war.
  • The Swedish foundation however said Thursday it was returning to its previous practice of inviting ambassadors from all countries represented in Sweden.

UAE evacuates 34 Emiratis from Florida ahead of approaching Hurricane Idalia

ABU DHABI -- The United Arab Emirates Embassy in Washington, in coordination with representatives of the UAE's officials mission in...
  • Evacuation is being coordinated by the UAE Embassy in Washington with UAE's official mission in the US
  • The UAE Embassy advises Emiratis to heed local authority instructions and avoid hurricane-affected areas

Qantas: stolen data from 5.7 million customers leaked online

Sydney, Australia -- Australian airline Qantas said Sunday that data from 5.7 million customers stolen in a major cyberattack in...

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Diplomatic flashpoint: US-Iran nuclear talks amid sanctions, military warnings and mutual suspicion

Iran seeks a "real and fair" agreement with Washington on its nuclear programme, a senior aide to supreme leader Ayatollah...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Bridges in the Gulf: wealthy states mediate crisis after crisis

Dubai, United Arab Emirates - When US and Iranian negotiators meet in Oman on Saturday they will be just the...
  • Oman is a long-established venue for Iranian talks, while promoting peace is a pillar of Qatar's foreign policy and even enshrined in its constitution
  • More recently Saudi Arabia has caught on, hosting Ukraine ceasefire talks including the latest round in a lavish hotel in Riyadh last month

Trump warns of military option; Iran threatens to end UN nuclear inspections before Oman talks

Last month, Trump sent a letter to Khamenei, who has the final say in matters of state in Iran, calling...
  • A senior adviser to supreme leader Ayatollah Ali Khamenei warned that Iran could expel UN nuclear watchdog inspectors over "threats."
  • US Secretary of State Marco Rubio voiced hope Thursday that the US-Iran nuclear talks in Oman this weekend could lead to "peace."

European Union and UAE agree to launch trade deal negotiations

Emirati President Mohammed bin Zayed Al Nahyan "and I just decided to launch negotiations on an EU-UAE free trade agreement,"...
  • Sheikh Zayed said that the CEPA would create new avenues for cooperation between the UAE and EU, increase trade and investment flows.
  • The EU is the UAE’s second-largest trading partner, accounting for 8.3 percent of the UAE’s total non-oil trade, which hit $67.6 billion in 2024.