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

Iran says prisoners deal agreed with US: state media

Based on the agreement, five Iranian prisoners in the US and five American prisoners in Iran will be exchanged," the...
  • All of the detained Americans are of Iranian descent, but Iran does not recognize dual nationality
  • Iranian state media reported that the process had begun to also release Iranian funds in a European bank

Tunisia, Libya collaborate to help stranded migrants at border

In a collaborative bid to address the migrant crisis, Tunisia and Libya have announced a shared responsibility for hundreds of...
  • Tunisia and Libya agree to share responsibility for hundreds of migrants stranded at their border
  • Tunisia will take charge of 126 migrants, including children, with Libya accommodating the remaining 150-200

US, Iraq strengthen security ties; vow to defeat ISIS; set up military commission

WASHINGTON – The United States and Iraq pledged to boost security cooperation, regional stability, and the shared interest in Iraq's...
  • Iraq, US focus on the 2008 U.S.-Iraq Strategic Framework Agreement and non-combat role of U.S. forces
  • The two countries emphasize recognition of the support from CJTF-OIR to the Iraqi Security Forces

Oil prices surge to multi-month highs, mixed day for global stocks

Production limitations set by the OPEC + exporters "are continuing to offset concerns over demand," said Fawad Razaqzada, market analyst...
  • China slipped into deflation for the first time in more than two years in July, official data showed
  • Despite the anemic China figures, crude oil prices vaulted higher with European benchmark Brent futures jumping 1.6 percent

US accuses Sudan of threatening to expel UN mission

United Nations, United States--The United States on Wednesday accused Sudan of having threatened to expel the United Nations mission from the...
  • US ambassador whose country is chairing the Council in August, deplored the absence of Volker Perthes, the special representative of the secretary-general in Sudan
  • Sudan war, pitting army under General Abdel Fattah al-Burhan against the paramilitary Rapid Support Forces (FSR) of General Mohamed Hamdan, began in April

41 migrants missing after new Mediterranean shipwreck

The metal boat overturned in bad weather during the night of Thursday to Friday after setting off from the Tunisian...
  • A Frontex plane on Tuesday morning spotted "a metal boat with four people on board" in waters covered by Libyan search and rescue, the agency said
  • IOM press officer said the migrants' boat would have been ill-equipped for the kind of bad weather seen in the Central Mediterranean in the past week

Exclusive: Private military companies look at $366.8bn market as their demand, role in global conflicts rise

Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality...
  • Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare
  • Experts stress the urgent need for regulation and careful consideration of the risks and benefits associated with PMCs in an increasingly complex and conflict-prone world

Exclusive: Private military companies look at $366.8bn market as their demand, role in global conflicts rise

Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality...
  • Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare
  • Experts stress the urgent need for regulation and careful consideration of the risks and benefits associated with PMCs in an increasingly complex and conflict-prone world

Lebanon to ban Barbie film for allegedly promoting homosexuality

BEIRUT, LEBANON - Lebanon's culture minister said on Wednesday he had asked authorities to ban hit movie "Barbie" for purportedly "promoting...
  • The film, which has topped $1 billion in global revenues, was due to be screened in Lebanese cinemas from August 31.
  • Though it was widely anticipated by LGBTQ communities worldwide, the film does not contain any overt references to same-sex relationships.

Russia blames Poland, Finland for ‘threats’ on western border

Moscow, Russia - Moscow accused Poland and Finland of threatening its security on Wednesday and vowed a response to multiplying "threats"...
  • Threats to security of Russia have multiplied in west and northwest, Russian defense minister said.
  • He singled out Poland, which he said was being "militarized" and used by the United States "as the main instrument of anti-Russian politics".

Syria selects members of first post-Assad parliament

Damascus, Syria -- Syria will select members of its first post-Assad parliament on Sunday in a process criticized as undemocratic,...

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Turkey braces for fourth night of protest as mayor arrives in court

Turkey was headed for a fourth straight night of protests late Saturday, as the biggest street unrest the country has...

Tens of thousands in France protest against racism and far-right

Tens of thousands of people in Paris and other French cities on Saturday rallied against racism and the rise of...

Israel conducts deadly strikes on Lebanon after ‘cross-border rocket fire’ denied by Hezbollah

Israeli defence chiefs said they held the Lebanese government responsible for all hostile fire from its territory regardless of who...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Russia hopes for ‘progress’ at upcoming Saudi talks: negotiator

Moscow has rejected a joint US-Ukraine proposal of a full and unconditional 30-day ceasefire, instead suggesting just to halt aerial...
  • US negotiators will meet separately with Ukrainian and Russian delegations in Riyadh, in what US envoy Keith Kellogg described as "shuttle diplomacy" between hotel rooms.
  • Despite the flurry of diplomacy and push from US President Donald Trump, a breakthrough has so far proved elusive.

Istanbul Bar Association board dismissed over ‘terror propaganda’

The Istanbul Bar Association's executive board was dismissed Friday on grounds of "terrorist propaganda" and "publicly spreading false information", according...
  • The Turkish military insists it never targets civilians but only terror groups
  • The bar association issued a statement saying "targeting members of the press in conflict zones

Israel defence minister threatens to annex parts of Gaza unless Hamas frees the remaining Israeli hostages

The warning came as Israel stepped up the renewed assault it launched on Tuesday, shattering the relative calm that had...
  • Gaza's civil defence agency said Israeli strikes killed 11 people on Friday -- three in pre-dawn strikes and eight more during the daytime
  • Should Hamas not comply, Katz also threatened to expand buffer zones around Gaza to protect Israeli civilian population areas