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

Divided border village at heart of Israel-Lebanon tensions

The latest tit-for-tat exchange saw Israeli Defence Minister Yoav Gallant and the chief of Lebanon's powerful Hezbollah movement, Hassan Nasrallah,...
  • According to municipal figures, the village is home to around 3,000 people, who took Israeli citizenship after Israel seized the Golan Heights from Syria
  • Lebanese authorities consider the expansion of Ghajar, with its pastel-coloured homes spreading to the north in recent decades, as an infringement on their land

Two civilians dead in Russian strikes in northwest Syria: rescuers

The Syrian Observatory for Human Rights, a monitoring group, said the strikes near Ain Shib had targeted "military bases belonging...
  • Two strikes ONTuesday near Ain Shib hit the facility where displaced Syrians had been living
  • Earlier Tuesday, Russian air strikes targeting a rebel base north of Idlib city killed three members of HTS

Peace between Saudi Arabia and Israel not imminent: White House advisor

Washington, United States - The US National Security Advisor Jake Sullivan on Tuesday said that the prospect of a peace...
  • Asked if a deal would be announced soon, Sullivan said "There are still ways to travel... but peace between Israel and Saudi Arabia will be a big deal."
  • The White House's efforts to foster a reconciliation between Saudi Arabia and Israel stem from its belief that such an outcome would be in US national security interests

Iraq and Turkey foreign ministers hold talks on water supply, oil

The foreign minister's visit is also intended to pave way for Turkish President's trip to Baghdad for which a date...
  • The level of water in the Tigris and Euphrates rivers has seen an alarming reduction in the last few years
  • The two ministers also talked of the imminent resumption of oil exports from Iraqi Kurdistan to Turkey

Dubai Customs foils two attempts to smuggle 171,600 pills

DUBAI, UAE - The Customs Intelligence Management within Dubai Customs has successfully thwarted two separate attempts to smuggle controlled drugs...
  • In the first operation, a shipment consisting of three parcels concealed 96,600 pills of the controlled medication Cipralex, weighing 57 kg.
  • The second operation revealed 75,000 capsules of the prohibited drug Pregabalin, weighing 64 kg and distributed across three parcels.

UAE, KSA optimistic as BRICS leaders weigh expansion

South Africa has revealed potential BRICS expansion plans at the Johannesburg summit, with keen interest shown by Middle Eastern nations,...
  • South Africa revealed potential BRICS expansion plans at the Johannesburg summit, with keen interest shown by Middle Eastern nations, notably UAE and Saudi Arabia
  • Analysts suggest that BRICS' potential expansion could strain relations with major powers, highlight the bloc's diverse appeal, but also raise concerns about diluted influence

Russian army officials visit Libya after invite from pro-Moscow Haftar

Haftar, who backs the country's eastern administration, is close to Russia's private Wagner mercenary group, whose troops guard military and...
  • It said the visit, led by Deputy Defense Minister Yunus-bek Yevkurov, was organized after talks with Libya at the Army-2023 expo and Moscow Conference on International Security.
  • Wagner maintains a strong military presence in Africa, where it has partnered with several nations, including Mali and the Central African Republic.

4 children rescued from cable car in Pakistan

Military helicopters and zipline experts rescued four children from a group of eight people trapped for hours in a stricken...
  • Six children and two adults spent almost 12 hours trapped inside the chairlift at a height of up to 1,200 feet (350 metres) in Khyber Pakhtunkhwa of Pakistan.
  • A video of the first rescue showed a teenager in a harness hanging at the bottom of a swinging rope under a helicopter as crowds cheered with relief.

Former Thai PM Shinawatra jailed after return from exile

Hundreds of supporters lined the streets as the former Manchester City owner was taken to the Supreme Court. There, he...
  • The divisive billionaire landed in a private jet at Bangkok's Don Mueang airport at 9 am (0200 GMT), to be greeted by supporters
  • While Thaksin was being processed by the courts, his party formally nominated Srettha as its PM candidate in parliament

Saudi Arabia accedes to United Nations’ CISG convention

Riyadh, Saudi Arabia -- Saudi Arabia has officially acceded to the United Nations Convention on Contracts for the International Sale...
  • Saudi Arabia became the 96th State Party to the Convention. The Convention will enter into force for Saudi Arabia, except for its part III, on 1 September 2024.
  • The CISG establishes a comprehensive code of legal rules governing the formation of contracts for the international sale of goods and the obligations of the buyer and seller.

Nearly one in six children in Gaza acutely malnourished: study

The study, the most detailed look so far at child hunger in Gaza, analysed data on more than 200,000 children...

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Israel’s Netanyahu arrives in Hungary, defying ICC warrant

Israeli Prime Minister Benjamin Netanyahu arrived in Budapest early Thursday on his first trip to Europe since 2023 and in...

Military confrontation ‘almost inevitable’ if Iran nuclear talks fail, says French foreign minister

Western countries including the United States have long accused Iran of pursuing a nuclear weapon, which Tehran has denied, insisting...

Israel says expanding Gaza offensive to seize ‘large areas’

Defense Minister Israel Katz said Israel would bolster its military presence in the Palestinian territory to "destroy and clear the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Trump’s sweeping tariffs spark fears of trade war, recession, and global economic instability

The threat of a trade war has caused increasing political ructions, with Canada's looming general election on April 28 set...
  • Trump has promised to be "very kind" when he unveils the so-called reciprocal tariffs on Wednesday, but uncertainty reigned over which countries would be targeted and by how much
  • His plan has prompted vows of retaliation from major economies including the European Union on Canada and fears that it could unleash a recession at home and abroad

European Parliament approves aid package for Egypt, Jordan

Brussels, Belgium -- Members of the European Parliament have approved two proposals to provide Egypt and Jordan with loans worth...
  • The parliament approved two proposals to provide Egypt and Jordan with loans worth €4 billion ($4.32 billion) and €500 million, respectively.
  • The Parliament adopted the macro-financial assistance to Egypt with 452 votes in favor, 182 against and 40 abstentions.

Iran will have ‘no choice’ but to acquire nuclear weapons if attacked, Khamenei adviser to UNSC

The message was sent to the UN Security Council in a letter by Iran's UN ambassador Amir Saeid Iravani which...
  • Trump said on Saturday "there will be bombing" if Iran did not agree a nuclear deal, and also threatened to punish Tehran with what he called "secondary tariffs".
  • Despite the sharpening of Trump's comments, it was not clear if he was threatening a US bombing or an operation coordinated with another country