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

Renewables helped save $520bn fuel costs globally in 2022: Report

In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up...
  • In addition to these direct cost savings, there would be substantial economic benefits from reducing CO2 emissions and local air pollutants.
  • IRENA’s Director-General Francesco La Camera said the world must add 1,000 GW of renewable power annually on average every year until 2030 to keep 1.5°C within reach.

Erdogan may meet Putin before UNGA kicks off: TASS

Ankara, Turkey - Turkish President Recep Tayyip Erdogan is expected to talk to Russian President Vladimir Putin in September, ahead...
  • The primary objective of the two leaders is to find potential pathways toward achieving resolution to the conflict in Ukraine
  • They are also set to deliberate on various aspects of the original grain agreement and explore potential alternative options

India and Iran reach agreement on Chabahar Port development

Tehran, Iran -  India and Iran have reportedly reached an agreement on the legal terms for the development of the...
  • The strategic Chabahar Port has been a focal point of cooperation between India and Iran for several years
  • The two countries have been working on a comprehensive agreement that would grant India the rights to develop the Shahid Beheshti Terminal

Egyptians, Zambians in court over gold on mystery plane

The Drug Enforcement Commission said the chartered aircraft was transporting "dangerous goods". Judge Davies Chimbwili said that they were accused...
  • Drug and law enforcement authorities said 11 suspects, including a senior Zambian police officer, had been arrested and charged with "espionage"
  • Court papers seen by AFP list a former Egyptian military person and businessman as well as a Zambian police officer among the suspects

Hezbollah seeks restriction on UN’s Lebanon peacekeepers

The mandate of the UN Interim Force in Lebanon, which expires Thursday, was extended last year with a slight modification...
  • Under the modified mandate the peacekeeping force "is allowed to conduct its operations independently", the UN resolution said
  • On Monday, Lebanon's Foreign Minister Abdallah Bouhabib met in New York with UN chief to convey Lebanon's position

Doctors Without Borders loses contact with 2 foreign staff in Yemen

Dubai, UAE--The Doctors Without Borders (MSF) charity has "lost contact" with two of its foreign staff in Yemen, the group...
  • The aid group said that the two employees, from Germany and Burma, were in the northern province of Marib, without giving any more details
  • Some month back, one of the employees of the UN World Food Program had been killed in an attack in the southern province of Taez

Bahrain and US review partnership in political, economic and security fields

Manama, Bahrain--Bahrain and the United States have reviewed joint cooperation, partnership and strategic dialogue in the political, economic and security...
  • Both officials lay stress on continuing efforts to prevent the proliferation of weapons of mass destruction and ensure cyber security
  • The Bahraini official underscored the importance of exchaning expertise on the use of modern technologies and AI in space affairs

Iran vows to respond if Iraq fails to disarm Kurdish rebels

Tehran, Iran - Iran on Monday warned Iraq that it would take action if Baghdad does not honor its commitment by...
  • The Iraqi government has pledged to disarm armed terrorist groups in Iraq by September 19," Iran's foreign ministry spokesman said.
  • He said that Baghdad had agreed to evacuate the groups from their bases and "transfer them to camps provided by the Iraqi government".

NEOM to set up education, research and innovation center

TABUK, SAUDI ARABIA – NEOM has announced plans to establish a world-class education, research and innovation (ERI) center, following last...
  • NEOM’s ERI center will enable access to a world-class education, research and innovation ecosystem at any stage of the life of a learner.
  • The curricula deployed across NEOM’s ERI pillars will prepare a digitally fluent workforce, equipping students with real-life skill sets.

French President says change in existing world order would weaken West, Europe

PARIS, FRANCE - Attempts to change the existing world order threaten to weaken the West and especially Europe, French President...
  • Emmanuel Macron said the role of the UN Security Council, International Monetary Fund and World Bank are constantly being challenged.
  • Emmanuel Macron said the role of the UN Security Council, International Monetary Fund and World Bank are constantly being challenged.

Major win for Trump on Gaza, but will it stand test of time?

Washington, United States - US President Donald Trump has undeniably scored a diplomatic victory by helping to broker a truce...

Company News

Latest News

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...

Amid Israeli warning of military action, Iran says deal can be reached if US shows goodwill

Trump made the surprise announcement that his administration would open talks with Iran during a White House meeting on Monday...

After Instagram restrictions, Meta to introduce teen accounts for Facebook

Paris, France -- Meta on Tuesday announced that it was extending its teen accounts to its social network Facebook, after...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Yemen rebels say targeted Israel army site, US warships in Red sea: statement

Yemen's Huthis said they targeted a military site in Israel and attacked two US destroyers in the Red Sea Monday,...
  • The Iran-backed group carried out a military operation targeting an Israeli military target in the occupied area of Yaffa (Tel Aviv)
  • The Huthis also claimed to have targeted "two US destroyers with several cruise missiles and drones" in the Red Sea

Netanyahu meets Trump for tariff and Gaza talks

Israeli Prime Minister Benjamin Netanyahu met Donald Trump at the White House on Monday, becoming the first foreign leader to...
  • Netanyahu and Trump are also set to discuss Gaza, where a short-lived US-brokered truce between Israel and Hamas has collapsed, and growing tensions with Iran
  • Trump greeted Netanyahu outside the West Wing and pumped his fist, before the two leaders went inside for a meeting in the Oval Office.

PA alone must be in charge of post-war Gaza, say France, Egypt and Jordan

Cairo, Egypt -- The leaders of France, Egypt and Jordan on Monday said the Palestinian Authority alone must be in...
  • French President Emmanuel Macron earlier said that Palestinian group Hamas should have no role in governing the Gaza Strip once its war with Israel is over.
  • King Abdullah stressed the need for "a just and comprehensive peace based on the two-state solution", a Palestinian state alongside Israel.