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

Iranian authorities arrest several Bahais for links with Israel

Tehran, Iran - Iranian authorities have arrested several followers of the Bahai faith accused of spying for Tehran's arch-foe Israel, local...
  • "A number of members at the core of the Bahai spy party have been arrested in Gilan province" in Iran's north, said Fars news agency.
  • Fars reported the group was alleged to have links "with the Zionist center known as Bayt al-Adl located in the occupied Palestinian territories".

UN begins pumping oil from decaying tanker off Yemen

"The United Nations has begun an operation to defuse what might be the world's largest ticking time bomb," UN Secretary-General...
  • The transfer of 1.14 million barrels of Marib light crude from the 47-year-old FSO Safer to the new vessel is expected to take around three weeks.
  • The UN hopes the $143 million operation will eliminate the risk of an environmental disaster that it estimates would cost $20 billion to clean up.

Three Palestinians killed by Israel troops: Palestinian ministry

Violence linked to the Israeli-Palestinian conflict this year has killed at least 201 Palestinians, 27 Israelis, one Ukrainian and one Italian. They include,...
  • The Israeli army said three "armed terrorists" had opened fire on its soldiers from a vehicle in a Nablus neighbourhood and the troops fired back "to neutralise" them
  • Since early last year, the territory has seen a string of attacks by Palestinians on Israeli targets, as well as violence by Israeli settlers against Palestinian communities

‘Time for peace’ in Sudan, Darfur: Rapid Support Forces envoy

The conflict broke out in the capital Khartoum on April 15 and spread to Darfur, leaving at least 3,000 dead...
  • Youssef Ezzat made his remarks in the West African nation of Togo where he was attending talks
  • Togo talks came after rights campaigners in Darfur blamed RSF and allied Arab militias for reported atrocities

Iraqi forces seize million captagon pills as drug trade surges

Authorities in Iraq -- a key conduit for the amphetamine-type drug -- regularly announce such operations in which large hauls...
  • Forces arrested "a foreign narcotics trafficker" and seized large quantities of the drug hidden in a truck.
  • On July 16, the interior ministry reported the discovery of a rare captagon manufacturing lab in the country's south.

Israel lawmakers approve key judicial reform clause as protests flare

Prime Minister Benjamin Netanyahu and his coalition allies approved the bill in a Knesset vote boycotted by opposition lawmakers, some...
  • Netanyahu's coalition government, which includes far-right and ultra-Orthodox Jewish parties, argues that the proposed changes are needed to ensure a better balance of power.
  • The reform package has triggered one of the biggest protest movements in Israel's history since it was unveiled by the government in January.

US president calls on Israel to postpone ‘divisive’ judicial reforms

Israel's Prime Minister Benjamin Netanyahu seeks to bring his controversial proposal to curb the power of judges to a vote...
  • US President Joe Biden said, "It doesn't make sense for Israeli leaders to rush this — the focus should be on pulling people together and finding consensus"
  • Some 20 legislators have lined up to speak against the bill, which would limit Supreme Court judges' ability to strike down government decisions

Iraqi Kurds hold demonstration in support of jailed journalist

On Sunday, around 300 people demonstrated in the region's second city Sulaimaniyah against the new sentence imposed on Sherwani. NGO...
  • Sherwan Sherwani had been due for release in September following a presidential decree reducing his sentence
  • In Thursday, the CPJ said, Sherwani was given a four-year prison term for "falsification" in connection with a petition prepared in jail

New Middle East forum aims to combat drug smuggling

The forum was agreed during talks between Jordanian Foreign Minister Ayman Safadi and Syrian President Bashar al-Assad in Damascus earlier...
  • The Syrian delegation was headed by Defence Minister General Ali Mahmud Abbas and General Intelligence Director, Major General Husam Louka
  • The talks "went over the issue of the parties that organise, run and carry out smuggling operations across borders to Jordan

UAE vows $100m to tackle migration, climate change

"The UAE believes in the importance of joint action, integration of efforts, and promotion of economic development for countries facing...
  • The UAE has pledged $100 million at the International Conference on Development and Migration
  • The country emphasizes climate change and its impact on migration and development challenges

Israel to deport aid flotilla activists, draws widespread condemnation

Turkey called the interception "an act of terrorism," and on Thursday said it had opened an investigation after Israeli forces...

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Ukraine, US delegations to meet in Jeddah next week: Saudi

Riyadh, Saudi Arabia -- Saudi Arabia on Friday welcomed a meeting between the United States and Ukraine due next week...

UNRWA warns Israel’s West Bank operation aligns with annexation ‘vision’

The Israeli operation, which the military says targets militants in the northern West Bank, was launched shortly after a truce...

Hamas says Trump’s ‘DEAD’ threat to Gaza undermines ceasefire

"Release all of the Hostages now, not later, and immediately return all of the dead bodies of the people you...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Arab leaders propose Gaza reconstruction under Palestinian Authority, reject Trump’s takeover plan

The prospect of the Palestinian Authority (PA) governing Gaza remains far from certain, however, with Israel having ruled out any...
  • Tuesday's Arab League summit in Cairo offered an alternative with the adoption of a "comprehensive Arab plan."
  • It announced the establishment of a trust fund to pay for the territory's reconstruction, and urged the international community to back it

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading...
  • The GCC’s ongoing “giga” projects, economic diversification, focus on the digital economy, and emerging technologies all signal a promising future.
  • With over US$2 trillion invested in capital-intensive projects, the GCC’s future looks increasingly secure, despite persistent negative portrayals in parts of the Western media.

Arab leaders meet to hash out Gaza plan as Hamas urges against displacement under Trump plan

A draft version of the Egyptian plan seen by AFP lays out a five-year roadmap with a price tag of...
  • Trump triggered global outrage when he first floated his idea for the United States to "take over" the Gaza Strip and turn it into the "Riviera of the Middle East"
  • Trump has recently appeared to soften his stance, saying he was "not forcing" the plan, which experts have said could violate international law