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

Netanyahu apologizes to Qatar, promises no new strike, US says

Israeli Prime Minister Benjamin Netanyahu, calling Qatar's prime minister from the White House on Monday, apologized for strikes against Hamas...

Israel to permit all United States citizens visa-free entry

Until now, Palestinians with United States citizenship could not enter Israel through Ben Gurion airport without obtaining visas, but had...
  • All US citizens, including dual nationals and US citizens living in the West Bank and Gaza Strip, will benefit from the agreement
  • State Department spokesman Matthew Miller said Wednesday that implementation of the deal would be monitored

Israel MPs prepare divisive bill for final votes amid protests

Parliament's law committee approved the proposal, which would limit the "reasonability" clause that allows the judiciary to strike down government...
  • Parliament's law committee approved the proposal, which would limit the "reasonability" clause that allows the judiciary to strike down government decisions
  • If approved next week by the full parliament, it would be the first major component of the government's proposed legal overhaul to become law

Iraqi protesters torch Swedish embassy in Baghdad

Iraqi riot police fired water cannon to disperse demonstrators away from the embassy while security forces armed with electric batons...
  • Swedish authorities approved an assembly to be held later Thursday outside the Iraqi embassy in Stockholm, where organisers plan to burn a copy of Koran and Iraqi flag
  • Iraqis have been angered by events in Sweden, and Thursday's protest in Baghdad was organised by supporters of the turbulent religious leader Moqtada Sadr

GCC, Central Asian states pledge to boost strategic ties

The two sides endorsed a comprehensive joint statement that called for the boosting of political and strategic ties and strengthening...
  • Both sides stressed the need for regional and international security and promotion of renewable energy sources
  • Pledges were made to invest in sectors like green economy, digital economy, innovation and green technology

Fund shortage forces UN body to slash aid for Syrian refugees

AMMAN, JORDAN - The United Nations' World Food Program has announced it would reduce cash assistance to nearly 120,000 Syrian refugees...
  • The WFP said that "further reductions in food assistance for refugees in Jordan have become unavoidable as funds run precariously low".
  • As of next month, the Syrian refugees in the two camps will receive "a reduced cash allowance of $21 per month per person" down from the current $32.

Israel air strikes in Syria kill 3 pro-regime fighters: monitor

The Britain-based Syrian Observatory for Human Rights said the strikes also targeted positions of the Syrian army's elite Fourth Division...
  • Syrian state news agency SANA earlier reported two soldiers had been wounded in the overnight strikes
  • The war monitor said the targets included warehouses used by Lebanon's Iran-backed Hezbollah militant group

Turkish President Erdogan concludes economy-driven Gulf tour in UAE

The Comprehensive Economic Partnership Agreement (CEPA), signed in March, has further enhanced bilateral economic collaboration. The CEPA sets the stage...
  • The UAE and Turkey have signed numerous strategic agreements and MoUs to boost bilateral cooperation across various sectors
  • In 2022, non-oil trade between the UAE and Turkey reached nearly US$19 billion, reflecting a substantial increase from previous years

One dead, hundreds of migrants rescued off Morocco: media

The Spanish islands have long been a draw for migrants seeking a better life in Europe, with many boats setting...
  • Morocco in northwest Africa is a transit country for many migrants trying to get to Europe via Spain's mainland or its Canary Islands in the Atlantic
  • Morocco's news agency citing a military source, said the kingdom's navy rescued 845 migrants, mostly from sub-Saharan Africa, between July 10 and Monday

Erdogan’s visit: Qatar and Turkey seek to deepen strategic partnership

Qatar’s emir Sheikh Tamim bin Hamad Al-Thani praised Turkey's efforts to improve the country's financial situation and reduce inflation rates...
  • Erdogan and Sheikh Tamim also discussed important regional and international developments and witnessed the signing of a joint statement
  • Erdogan recognized Qatar's inherent economic potential and its balanced growth rates, saying it was one of the most robust economies in the region

Leaks, repairs, stress: how skeleton crew stopped Red Sea oil disaster

The sinking of the vessel, or an on-board explosion, would have unleashed a thin slick of oil across the Red...
  • "Any oil ship needs regular maintenance... to keep the ship safe," said Ebrahim al-Moshki, head of Hodeida's maritime affairs authority
  • The UN has said half a million people work in the area's fishing industry, and that 200,000 livelihoods "would be instantly wiped out"

Israel issues ‘last’ warning for Gazans to flee main city as Hamas weighs truce plan

Israeli forces killed at least 46 people, including 36 in Gaza City. The deceased include two aid workers southwest of...

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Gazans face food shortages, price hikes as Israel blocks aid amid ceasefire negotiations stalemate

Despite ceasefire negotiations, Gaza’s humanitarian situation remains critical, with markets facing inflation, displaced residents lacking proper shelter, and aid workers...

Future of Humanity – TRENDS’ yearly Special Issue now online

Dubai, UAE -- TRENDS’ yearly Special Issue is out. This year’s edition, titled Future of Humanity, explores key global shifts...

Netanyahu thanks Trump for weapons to ‘finish the job’ against Iran axis

Jerusalem, Undefined - Israeli Prime Minister Benjamin Netanyahu on Sunday thanked US President Donald Trump for sending munitions held up...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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PKK declares ceasefire with Turkey after 40 years of armed struggle

Istanbul, Turkey - Outlawed Kurdish militants on Saturday declared a ceasefire with Turkey following a landmark call by jailed PKK...
  • The PKK, designated a terrorist group by Turkey, the United States and the European Union, has waged an insurgency since 1984 with the aim of carving out a homeland for Kurds
  • Turkey's vice president Cevdet Yilmaz said "a new phase" began toward achieving the goal of a "terror-free Turkey", without making any mention of the PKK statement

Israel endorses plan to extend Gaza truce as first phase draws to close, Hamas wants permanent peace

The first phase of a ceasefire deal between Israel and Palestinian militant group Hamas was set to expire over the...
  • Negotiations have so far been inconclusive, with the fate of hostages still held in Gaza and the lives of more than two million Palestinians hanging in the balance.
  • A senior Hamas official told AFP the Palestinian militant group was prepared to release all remaining hostages in a single swap during the second phase

Two lunar landings in a week for NASA’s private Moon fleet

Washington, United States -- More than fifty years passed between the last Apollo mission and the United States' return to...
  • First up is Firefly Aerospace's Blue Ghost Mission 1, nicknamed "Ghost Riders in the Sky."
  • Blue Ghost's arrival will be followed on March 6 by Intuitive Machines' IM-2 mission, featuring its lander, Athena.