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

Meta activates Facebook ‘teen accounts’ worldwide

Paris, France -- Meta said Thursday it was activating so-called "teen accounts" with additional protections for adolescent Facebook and Messenger...

Record number of pilgrims, braving suffocating heat, converge for Hajj climax

After performing the ritual circumambulation of the Kaaba, the giant black cube at Mecca's Grand Mosque that Muslims pray towards...
  • Pilgrims in robes and sandals, many carrying umbrellas against the beating sun, undertook the journey on foot or crowded onto hundreds of air-conditioned buses.
  • They will spend the night in white tents in Mina, which every year hosts the world's largest encampment, before the hajj's high-point on Tuesday: prayers at Mount Arafat.

Wagner crisis shows Ukraine war is ‘cracking’ Russian power: EU

EU foreign ministers were scrambling to digest the fall-out from the uprising at their regular meeting in Luxembourg. Sweden's Foreign...
  • What has happened during this weekend shows that the war against Ukraine is cracking Russian power, EU foreign policy chief said
  • He added that war against Ukraine launched by Putin and the monster that Putin created with Wagner, the monster is biting him

In deadliest attack this year, Russian strikes kill 13 in rebel-held Syria

Russian forces which back President Bashar al-Assad's regime were responding to rebel drone strikes over the past week that killed...
  • At least nine civilians, including two children, were among the dead, with most killed at a fruit and vegetable market in the Idlib region
  • At least 30 civilians were wounded in Sunday's strikes, said Abdel Rahman, who added that the death toll was likely to rise

Future of Iran-UAE relations promising: Reza Ameri

Tehran, Iran-- The future of relations between Iran and the United Arab Emirates is promising and in line with the...
  • Reza Ameri, Iran's new ambassador to the UAE, noted progress in relations between the two countries after a period of downturn
  • The UAE and Iran have had discussions to cooperate in political, economic, commercial, consular, cultural and scientific fields

Mitsotakis wins second term with clear majority in Greece polls

Conservative leader Kyriakos Mitsotakis won Greece's national elections on Sunday with a clear majority, securing a second term during which...
  • Kyriakos Mitsotakis's New Democracy party achieves over 40.5 percent of votes, surpassing Syriza
  • The Conservative party leader plans rapid major reforms to transform Greece in his new term

Extended reality: XR tech transforms GCC businesses

XR technologies -- encompassing AR, VR, and MR -- are rapidly gaining traction across diverse sectors in the Gulf region,...
  • XR technologies -- encompassing AR, VR, and MR -- are rapidly gaining traction across diverse sectors in the Gulf region, including academic, entertainment, and gaming
  • The new XR technologies are also reshaping retail and remote work, blurring the lines between the virtual and physical realms, says Raed Mikail, Founder and CEO of AVR Labs

China supported Russia to counter Wagner mutiny, says Moscow

MOSCOW, RUSSIA - Russia's foreign ministry said on Sunday that Beijing had backed Moscow's efforts to counter a short-lived armed uprising...
  • Russia said China expressed for the efforts of the leadership of the Russian Federation to stabilize the situation in the country.
  • It came after a meeting in Beijing between China's deputy foreign minister Ma Zhaoxu and Russian deputy foreign minister Andrey Rudenko.

India’s Modi, Egypt’s Sisi pledge to deepen strategic partnership

Indian Prime Minister Narendra Modi met Egypt's President Abdel Fattah al-Sisi in Cairo on a rare visit during which both...
  • New Delhi and Cairo have pledged to boost bilateral trade as India is also stepping up investment in Egypt, particularly in renewable energy.
  • India is already Egypt's seventh-largest trading partner, according to data from Cairo's central bank, with trade reaching $7 billion last year.

Lebanon’s main Druze party choses Taymur Jumblatt as new leader

Almost 2,000 supporters gathered in Ain Zhalta, in the Druze heartland of the Chouf mountains, where members of the Progressive...
  • He takes up the mantle at a time when Lebanon has been reeling from three years of gruelling economic crisis, widely blamed on the governing elite.
  • The Druze are a secretive offshoot of Islam that make up around five percent of Lebanon's population but who have wielded political clout under Taymur's father.

Mitsotakis’s conservatives set for landslide Greece election win

Mitsotakis's New Democracy party obtained over 40 percent of the vote, well ahead of the leftist Syriza party led by...
  • Mitsotakis, 55, who steered Greece from the coronavirus pandemic back to two consecutive years of strong growth, had already a scored a thumping win in an election just a month ago
  • But having fallen short by five seats in parliament of being able to form a single-party government, he declined to form a coalition, forcing voters back to ballot boxes.

Netanyahu says Palestinian state would be ‘national suicide’ for Israel and reward for Hamas

Netanyahu, who said his speech was being partially broadcast on Israeli military loudspeakers in Gaza, vowed to "finish the job"...

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Workers should have a say in AI implementation, says TUAC general secretary

Davos, Switzerland -- The transformation seen in the labor market brought about by green transition and new technologies has raised...

EXCLUSIVE: ILO chief urges action on job gap and reskilling at Davos 2025

Davos, Switzerland -- The world labor market is nearing the pre-Covid levels but gender gap and other concerns remain, International...

Nations retreating inward making global cooperation harder, Dr Masood tells TRENDS at Davos

Davos, Switzerland - The world is grappling with challenges that demand collective action, but rising nationalism and geopolitical tensions are...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Trump’s second term begins: Highlights Middle East hostage return, promises diplomacy over conflict among top priorities

Trump vowed to be a “peacemaker and unifier,” citing the Israel-Hamas ceasefire and hostage release as key steps toward peace,...
  • "My proudest legacy will be that of a peacemaker and unifier. That’s what I want to be," Trump declared after taking the oath of office
  • He highlighted the ceasefire and hostage release agreement between Israel and Hamas as a significant step toward peace

Ceasefire begins: Israel, Hamas exchange hostages and prisoners amid fragile hopes for lasting peace

The 42-day truce's first phase involves prisoner exchanges and hostage releases, but the future remains uncertain as both sides navigate...
  • In Gaza, Palestinians returned to homes reduced to rubble, checked on missing relatives, and prepared to bury their dead
  • Humanitarian relief efforts also resumed, with more than 600 trucks carrying essential supplies entering the battered enclave

Ceasefire agreement between Israel and Hamas goes into effect, marking first steps toward peace

As the first phase of the ceasefire takes effect, the world watches to see whether this temporary reprieve will be...
  • The complex deal consists of three phases, each lasting 42 days, and it will see both sides release prisoners and hostages in exchange for a temporary halt to the violence
  • Netanyahu’s warning that Israel retains the right to resume fighting and Hamas’s insistence on a complete Israeli withdrawal and a lasting ceasefire make the road to lasting peace