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

UK to unveil new measures to support financial sector

Hunt, whose official title is chancellor of the exchequer, will lay out plans for an "entirely new kind of stock...
  • Hunt will set out "how Britain's financial services will support the drive for long-term sustainable growth across the country", the UK Treasury said
  • The new measures will in particular seek to make the UK stock market more attractive to firms looking to take their businesses public

Russia denounces repatriation of Ukrainian troops from Turkey

"The return of Azov commanders from Turkey to Ukraine is nothing but a direct violation of the terms of existing...
  • Ukrainian presidency confirmed that it had secured the return of members of the crack Azov regiment, which is despised in Russia, after "negotiations with the Turkish side"
  • Dmitry Peskov said both Ukraine and Turkey had violated the terms of the agreement, under which the men were supposed to remain in Turkey until the end of the conflict

Thousands of Israelis protest ahead of judicial reform vote

Protestors have kept up the pressure with weekly rallies against the government of Prime Minister Benjamin Netanyahu, who returned to...
  • Israeli media estimated turnout at Saturday's protest in Tel Aviv at 150,000, ahead of a vote Monday in parliament
  • The government argues the judicial reform is necessary to ensure a better balance of power

Dubai Police records 65,942 ‘transactions’ at smart police stations in H1

Dubai, UAE-- During the first half of 2023 the Dubai Police has recorded some 65,942 smart transactions at its 22...
  • According to the police, some 66,000 smart transactions were processed without any human intervention, including the lodging of 16,000 reports
  • Major General Ali Ahmad Ghanim said residents and visitors expect top-notch police services that are both innovative and convenient

Syria cancels BBC’s accreditation over ‘misleading reports’

In a rare move against an international media organization, the Syrian government has cancelled the BBC's accreditation over what it...
  • The information ministry said that accreditation of the BBC Radio correspondent in Syria was also revoked
  • In a terse statement BBC responded that its Arabic news provides impartial independent journalism

Libyan rival leaders to work together for oil income

TRIPOLI, LIBYA- Rivals in politically divided Libya have agreed to form a committee on sharing oil revenues, a move welcomed on...
  • The UN Support Mission in Libya said the financial oversight committee's "inclusive approach" will help enable "a level-playing field for candidates in the polls.
  • Ballots in Libya had been due in December 2021 but disputes including who should stand in the polls meant they were never organized.

EU official denounces Israel for attacking West Bank refugee camp

A European envoy blasted Israel over the "proportionality" of the force it uses, as international envoys toured Jenin refugee camp...
  • European Union representative to the Palestinian territories Sven Kuehn von Burgsdorff led a delegation of UN officials and diplomats from 25 countries to the West Bank.
  • "If there is no political solution to the conflict, we are going to stand here in a week's time, in a month's time... with nothing changed," Kuehn von Burgsdorff said.

Four attackers, Iran policeman killed in clash

TEHRAN, IRAN -  Four assailants were killed on Saturday after blasting their way into an Iranian police compound, leaving one officer...
  • "Four unidentified armed individuals attacked and entered police station Number 16 of Zahedan", the capital of Sistan-Baluchistan province.
  • The attackers used grenades to blast open the gates of the police station and an exchange of fire occurred.

Libya court imposes prison terms on three for human trafficking

One of the three, whose identities and nationalities were not given, was sentenced to life in prison and the other...
  • Libya is constantly slammed for its handling of migrants with rights groups alleging mistreatment by smuggling groups
  • With Italian shores just 290 kilometers away, Libya is a key launchpad for migrants who are often escaping conflict and poverty

Three Palestinians killed in violence at West Bank

NABLUS, PALESTINIAN TERRITORIES -  Three Palestinians were killed on Friday in the occupied West Bank, a day after the United Nations...
  • Israeli forces killed two Palestinian fighters when a firefight erupted during a raid on the northern West Bank city of Nablus, officials from both sides said.
  • The army said it had entered Nablus to arrest two individuals wanted over a shooting earlier this month targeting Israeli police.

‘We’ll be ruined’: Iranians feel strain as sanctions snap back

Tehran, Iran -- As United Nations sanctions returned in full force on Sunday, Iranians felt the strain deepen, with prices...

Company News

Latest News

Hezbollah supporters protest banning Iranian planes from landing in Beirut

Beirut, Lebanon - Hezbollah supporters blocked the Beirut airport road and burned tyres on Thursday to protest a decision barring two...

Trump eyes summit with Xi-Putin, shaking up world order, Macron warns against ‘capitulation’

US president's remarks on Russia and China mark a seismic shift after more than a decade of US policy which...

Israel says could fulfil Trump’s Gaza displacement plan if hostages not freed, Hamas says truce deal ‘fragile’

Hamas has said it would postpone the release citing Israeli violations, and hours later, Trump warned that "hell" would break...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Egypt to present ‘vision’ for Gaza reconstruction without displacement amid Trump threat to halt aid

The statement came a day after US President Donald Trump said he could "conceivably" halt aid to Egypt and Jordan...
  • The foreign ministry said Egypt "hopes to cooperate" with Trump's administration on the matter, with the goal of "reaching a fair settlement of the Palestinian cause"
  • It said its plan would provide for the reconstruction of Gaza "in a clear and decisive manner that ensures the Palestinian people stay on their land

Jordan king set for tense Trump talks as Gaza truce under strain

The talks come a day after Trump said he could "conceivably" halt billions of dollars in US aid to both...
  • King Abdullah is a key US ally but last week rejected "any attempts" to take control of the Palestinian territories and displace its people.
  • Every year, Jordan receives around $750 million in economic assistance from Washington and another $350 million in military aid.

Trump warns ‘all hell’ will break loose if Gaza hostages not returned after Hamas delays exchanges

The January 19 truce halted 15 months of Gaza fighting, freeing Israeli hostages in exchange for Palestinian prisoners, but tensions...
  • The truce that went into effect on January 19 largely halted more than 15 months of fighting in the Gaza Strip saw five groups of Israeli hostages freed
  • But tensions have been running high since a shock proposal by Trump to take over the Gaza Strip and remove its more than two million inhabitants