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

Sudan refugees stranded without healthcare in Chad

The new arrivals in Adre may now be safe from the gunfire, but they soon learn they are still in...
  • The risk of disease soars in the absence of clean water, for which people "begin lining up ... at 2:00 am" amid shortages in some camps, MSF reported
  • In Sudan, even before the current conflict began in April, 78,000 children under five died every year "from preventable causes, such as malaria", UN says

UN renews Lebanon peacekeeping mission after dispute

UN Secretary-General Antonio Guterres has criticized UNIFIL's inability to fully access certain areas, including sites belonging to a Lebanese environmental...
  • The vote, which was originally scheduled for Wednesday but postponed for further negotiations, came only a few hours before the mission's authorization was set to expire
  • The United Nations Interim Force in Lebanon (UNIFIL), in place since 1978, is tasked with creating a buffer between Israel and Lebanon, which are technically at war

Turkey asks Russia to renew grain deal for global food security

Moscow, Russia - Turkey's foreign minister said on a visit to Moscow on Thursday that reviving a deal to ship Ukrainian...
  • "We underlined its critical role for global food security and stability in the Black Sea," Turkish Foreign Minister Hakan Fidan said
  • Fidan was in Moscow to prepare an informal summit between Turkish President Recep Tayyip Erdogan and Vladimir Putin in Russia

Constructive Saudi pledges made for Lebanon assistance: Iran FM

Tehran, Iran -- Iranian Foreign Minister Hossein Amirabdollahian said Thursday that discussions with Saudi authorities have resulted in constructive statements...
  • Iran wants nothing but good, stability, peace, and development for Lebanon, Hossein Amirabdollahian told reporters in Beirut.
  • "We expect all regional and international countries to contribute to improving Lebanon's economic situation," he said.

Iraqi security forces seize 15 tons of illegal drugs and precursor chemicals

War-scarred Iraq, originally mainly a drug transit country, has faced an explosion in narcotics use in recent years, mainly of...
  • They said the chemical components confiscated in Baghdad are used to manufacture crystal meth and captagon.
  • The drug squad made the seizure in an upscale neighborhood of the capital, the interior ministry said in a statement.

Qatar Credit Bureau, Supreme Judicial Council to share data

DOHA, QATAR - Qatar Credit Bureau signed a memorandum of understanding (MoU) with the Supreme Judicial Council (SJC) pertaining to...
  • The primary objective of this cooperation is to regularize the electronic connection between the bureau and SJC.
  • SJC will supply the bureau with the outcomes of the rulings related to its work in quest of achieving data accuracy.

Chinese diplomat, Arab Parliament speaker discuss Middle East

BEIJING, CHINA – The director of China’s Office of the Central Commission for Foreign Affairs met with the speaker of...
  • China said the future of the Middle East should be in the hands of regional countries and people.
  • The diplomat said China supports an early, fair and reasonable settlement of the Palestinian issue.

Israeli soldier, Palestinian attacker killed in West Bank truck ramming

Israel's defence ministry said its security personnel at the Hashmonaim checkpoint were informed by the army that the truck was...
  • Thursday's attack comes a day after a 14-year-old Palestinian stabbed a civilian at a light rail station in Jerusalem
  • The truck driver was a 41-year-old Palestinian from the West Bank with a work permit for Israel, Avi Biton, head of police central command

Turkey to ask Russia to resume grain deal in original form

According to TASS, quoting a diplomatic source, Turkey's Foreign Minister Hakan Fidan will propose to Russia at the upcoming talks...
  • The diplomatic sourced quoted by TASS said that Turkey views the grain corridor as the most efficient and safe
  • He further said the deal if resumed in original format can prevent the expansion of the Ukranian conflcit into the Black Sea

US blocks Nvidia AI chip sales to Middle East citing China concerns: report

London, Britain - The Biden administration has implemented restrictions on the sale of Nvidia's advanced microchips to certain Middle Eastern...
  • Nvidia, a tech giant valued at $1.2 trillion, has been directed to obtain permission before exporting chips to specific nations in the region
  • Nvidia's H100 and A100 chips play a vital role in training software like ChatGPT, contributing significantly to the global race for superior computing power

Morocco’s GenZ 212 says suspending protests temporarily

The weekend pause was "a strategic step to strengthen organisation and coordination, so the next phase of the movement is...

Company News

Latest News

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,"...

Turkey opposition to fight Erdogan ‘until the end’: leader tells AFP

The Turkish opposition will fight "until the end" against President Recep Tayyip Erdogan, the leader of the opposition CHP party...

US reiterates support for Morocco on Western Sahara

Secretary of State Marco Rubio on Tuesday renewed US support for Morocco's sovereignty and political plan for Western Sahara, a...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Saudi foreign minister in US to prepare for Trump visit

Riyadh, Saudi Arabia -- Saudi Arabia's top diplomat is in Washington to lay the groundwork for US President Donald Trump's...
  • Last month, Trump said he may visit Saudi Arabia as early as April in a reprisal of 2017, when the kingdom was the first destination of his first term in office.
  • Foreign Minister Prince Faisal bin Farhan arrived in Washington on Tuesday, aiming to "prepare for Trump's visit to Riyadh", the source close to the Saudi government said.

Iraq signs deal with US firm to produce 24,000 MW of electricity

Prime Minister Mohammed Shia al-Sudani oversaw "the signing of a Memorandum of Understanding as part of a strategic cooperation framework...
  • The signing comes at the conclusion of a visit to Iraq by a high-level US delegation comprising of representatives from 60 private firms.
  • Despite sitting on large reserves of petrol and natural gas, decades of conflict and instability have ravaged Iraq's energy infrastructure.

Hamas official says ‘necessary to reach a ceasefire’ in Gaza

A Hamas official told AFP on Tuesday that it was "necessary to reach a ceasefire" in the Gaza Strip, three...
  • "This war cannot continue indefinitely, and it is therefore necessary to reach a ceasefire," Hossam Badran, a member of Hamas's political bureau, told AFP
  • US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu a day earlier said that new negotiations were in the works aimed at getting more hostages freed