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

Arab Groups supports negotiations on UN Security Council reform

New York, US--The Arab Group has welcomed the adoption by the UN General Assembly by consensus of a resolution on...
  • Al Ruwae noted that the intergovernmental negotiations are the only forum for reaching an agreement on expanding and reforming the Security Council
  • Arab Group demands permanent Arab representation with full powers in the category of permanent seats in the event of any future expansion of the council

Violence and looting rage in France after police shot teenager

Nanterre, France--Sporadic violence and looting hit several cities across France in a fourth night of protests after the fatal police shooting...
  • In the wake of the death of 17-year-old Nahel at a traffic stop in Paris, France has deployed 45,000 officers backed by light armored vehicles to quell violence
  • The violence set off by the killing of Nahel has brought out into the open longstanding grievances about policing and racial profiling in the country's multi-ethnic suburbs

France, UAE share vision to shift towards clean energy

PARIS, FRANCE - French Minister of Foreign Trade Olivier Becht said his country and the UAE share a common vision...
  • The UAE and his country are working together on low-carbon energy solutions, the French minister said.
  • The minister highlighted the rising number of natural disasters globally caused by climate change.

French president announces measures to quell riots

French President Emmanuel Macron announced measures including more police and urged parents to keep minors off the streets as he...
  • French President Macron attempted to strike a balance between political pressure for a harsh response and fears of triggering a still stronger backlash.
  • "Additional means" would be mobilized by government to tackle the rioting, Macron said, without specifying how many more officers might be involved.

Iran to join Shanghai alliance with China, Russia next week: Lavrov

Moscow, Russia -- Iran will be formally approved as a member of the regional Shanghai Cooperation Organization with China, Russia and...
  • Iran has intensified its diplomacy with friends and foes alike in recent months, seeking to reduce its isolation, improve its economy and project strength.
  • The SCO, which has its headquarters in China, is a diplomatic organization with eight members, including India and Pakistan.

Arab world expresses outrage over Quran desecration in Sweden

Described as a "flagrant provocation to all Muslims," the incident has drawn outrage from the Council of Arab Interior Ministers,...
  • The organizations emphasize the importance of respect for human rights and all religious beliefs.
  • The UAE's Ministry of Foreign Affairs summons Swedish envoy to lodge protest and condemnation.

Canada, others to seek damages from Iran at UN court over downed jet

On Wednesday, Iran took Canada to the Hague-based International Court of Justice, the UN's top tribunal, accusing Ottawa of allowing...
  • Iranian forces shot down Ukraine International Airlines flight PS752 shortly after takeoff from Tehran on January 8, 2020, killing all 176 people on board
  • Canada, Britain, Sweden and Ukraine - which had a number of citizens on board - have been seeking reparations on behalf of victims' families

UN General Assembly creates body to probe fate of Syria’s missing

The Independent Institution on Missing Persons in the Syrian Arab Republic will "clarify the fate and whereabouts of all missing...
  • Resolution calls for the UN chief, and other relevant parties to define the new organization's mandate in the next 80 days
  • Thursday's vote came after UN secretary-general Antonio Gutterres called for the formation of such a body in a report in August

US to sell $440m in ammunition, parts to Taiwan

Taiwan's defense ministry on Friday welcomed the planned sale for "providing the need for enhancing our defense capacity as well...

Lack of Lebanon reforms threatens stability, says IMF

The International Monetary Fund warned in a report that Lebanon's failure to implement reforms could have "irreversible" consequences for the...
  • In April 2022, Lebanon and the IMF reached a conditional agreement on a $3-billion-dollar loan needed to save the economy.
  • Lebanese officials have still yet to enact the substantial changes required to kickstart the 46-month financing program.

Sweeping UN sanctions loom for Iran after nuclear talks fail

Sweeping UN sanctions loomed for Iran late Saturday for the first time in a decade, after last ditch nuclear talks...

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West Bank’s Jenin camp going in ‘catastrophic direction’: UNRWA

The Israeli military launched a major offensive in the West Bank on January 21 aimed at rooting out Palestinian armed...

Risks are interconnected, need collaborative solutions, says WEF’s Mark Elsner

Davos, Switzerland – Mark Elsner, Head, Global Risks Initiative, World Economic Forum sat with TRENDS during WEF’s summit in Davos...

Trump, Netanyahu to discuss Gaza ceasefire, regional stability in White House meeting

Trump has floated a controversial plan to relocate Palestinians to neighboring countries, but Egypt, Jordan, and ceasefire mediator Qatar have...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Syrian President’s first foreign trip to Saudi Arabia signals Syria’s shift away from Iran’s influence.

Syrian President Ahmed al-Sharaa met Saudi Crown Prince Mohammed bin Salman in Riyadh, marking his first foreign visit and signaling...
  • Al-Sharaa’s visit signals Syria’s pivot away from Iran and closer ties with the Gulf states
  • Saudi Arabia is leading efforts to reintegrate Syria into the regional fold and push for sanctions relief

Maori-led AI initiative can revolutionize language preservation, says Peter-Lucas Jones

Davos, Switzerland -- Peter-Lucas Jones, a Kaitaia native, who has been listed in the prestigious Time100 AI 2024 List, was...
  • Peter-Lucas Jones, a Time100 AI 2024 List honoree, discussed AI's role in preserving the Te Reo Maori language at the World Economic Forum in Davos.
  • His team at Te Hiku Media developed Te Reo Maori natural language processing tools and an automatic speech recognition model.

Readying for jobs of tomorrow: WEF’s Till Leopold stresses upskilling

Davos, Switzerland -- In the next five years, millions of jobs will be created. Governments, employers, and education institutions, therefore,...
  • The key report findings highlighted that there will be 78 million new job opportunities by 2030 but urgent upskilling is needed to prepare workforces.
  • The fastest-growing skills by 2030 will include technological skills alongside human skills, such as cognitive skills and collaboration.