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

Israel’s Netanyahu says peace with Lebanon and Syria possible

Prime Minister Benjamin Netanyahu said Sunday that Israel's war with Lebanese militant group Hezbollah had created the possibility for peace...

Danish, two Austrian-Iranian citizens freed by Iran

Iran released one Danish and two Austrian-Iranian citizens it had been holding after mediation by Oman, and they are being...
  • Thanking Belgium, Austrian Foreign Minister Alexander Schallenberg said, "Our years of diplomatic efforts to secure their release have borne fruit."
  • The Danish man, who was not immediately identified, had been arrested in Iran in November 2022 on the sidelines of a demonstration for women's rights.

UN evokes ‘specter of food inflation’ as Ukraine grain exports slow down

"In May, 33 vessels departed Ukrainian ports, half of the number compared to April. Only three of those departed from...
  • UN says Russia "has informed of its decision to limit registrations to the port of Yuzhny/Pivdennyi as long as ammonia is not exported"
  • Moscow is calling in particular for a resumption of operations on the Togliatti-Odessa pipeline for deliveries of ammonia

Morocco to teach Berber language in more schools

Morocco has the largest population of Berbers in North Africa, and Thursday's decision responds to a long-standing demand by activists...
  • The decision will affect some four million children in 12,000 schools between now and the end of the decade, Chakib Benmoussa told reporters
  • Last month, King Mohamed VI declared that the Berber new year's day on January 13 would be an official public holiday from next year

Will tax the rich to avoid IMF ‘diktats,’ says Tunisia’s Saied

Despite reaching an agreement in principle last October on a bailout package worth nearly $2 billion, talks with the IMF...
  • "Instead of lifting subsidies in the name of rationalisation, it would be possible to introduce additional taxes on those who benefit from them without needing them," Saied said
  • Tunisian president did not say how such a plan might operate as employees' taxes are deducted at source and many Tunisians in the private sector do not declare their full income

UAE and Switzerland to enhance cooperation between judiciaries

Abu Dhabi, UAE - The UAE and Switzerland have discussed opportunities for cooperation between the Abu Dhabi Public Prosecution Office...
  • The two sides highlighted the significance of direct communication between the judicial authorities to simplify procedures.
  • They also shed light on the importance of concluding judicial agreements and exchanging relevant experiences.

US imposes economic, visa sanctions over violence in Sudan

Washington, United States -- The White House on Thursday announced economic and visa sanctions against Sudanese leaders responsible for breaking...
  • "We are following through by levying economic sanctions, imposing visa restrictions against actors who are perpetuating the violence," National Security Advisor Jake Sullivan said.
  • Sullivan noted that the sanctions are being enacted under the authority ordered by President Joe Biden in May.

Court in Lebanon accuses Hezbollah men of killing UN peacekeeper

A military judge has accused five members of the Iran-backed Hezbollah group, only one of whom is in custody, of...
  • Footage from surveillance cameras near the scene of the incident "clearly shows the patrol being attacked by armed men from all sides", the court document read.
  • Hezbollah has repeatedly denied involvement in the incident, and its security chief Wafic Safa has described the killing as "unintentional".

Turkish support in Germany for Erdogan fuels integration debate

Strong backing for President Recep Tayyip Erdogan among Turks in Germany in last weekend's historic election has sparked renewed soul-searching...
  • Erdogan's success in Germany was helped in large part by well-organised, and well-funded overseas organisations, said Gokay Sofuoglu, chairman of the Turkish Community in Germany
  • While many Turks in Germany have high levels of education, good jobs and decent incomes, critics say some still feel disillusioned by low levels of participation in politics

NATO chief to visit Ankara in ‘near future’ to push Sweden membership 

Turkey and Hungary are the only NATO countries that have yet to ratify Sweden's membership bid. Erdogan, who was re-elected...
  • Stoltenberg said he had already spoken to Erdogan by phone earlier this week to "highlight the importance of making progress" on Sweden's membership
  • Swedish Foreign Minister said Stockholm had fulfilled "all the commitments" to join NATO and urged Turkey and Hungary to allow his country into the alliance

UAE withdraws from US-led coalition that secures Gulf waterways

"As a result of our ongoing evaluation of effective security cooperation with all partners, two months ago, the UAE withdrew...
  • It is active in crucial but troubled Gulf waters where tankers have been seized and attacked in recent months.
  • A spokesperson for the Combined Maritime Forces said the UAE remains a partner nation, despite putting its participation on hold.

Israel’s Netanyahu says peace with Lebanon and Syria possible

Prime Minister Benjamin Netanyahu said Sunday that Israel's war with Lebanese militant group Hezbollah had created the possibility for peace...

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Israel vows ‘harsh response’ to Hezbollah attack

Israeli Defence Minister Israel Katz vowed a "harsh response" to a Hezbollah rocket launch targeting a military position on Monday

US President Biden pardons son Hunter before White House exit

Washington D.C. -- US President Joe Biden on Sunday issued an official pardon for his son Hunter, who is facing...

Bashar Al Assad of Syria seeks support from allies as extremist rebels take over key city of Aleppo

Extremist-dominated rebel alliance, including ISIS supporters, runs over Syrian city of Aleppo allegedly backed by Turkey. Russia and Iran push...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Iran-Europe nuclear talks on as global tensions escalate ahead of Trump’s return

The stakes were laid bare in a warning from Britain's foreign intelligence chief that Iran's nuclear ambitions posed a major...
  • Following the talks in Geneva, shrouded in an unusual level of secrecy, the parties to social media to say the discussions had focused on Iran's nuclear program and sanctions
  • The sides had "agreed to continue diplomatic dialogue in the near future", the German foreign ministry and the high-level diplomats representing France, Britain and Iran said

Israel PM again warns Iran after top diplomat talks of revising nuclear doctrine if more sanctions imposed

The renewed war of words between the Middle East foes came as Iran prepares to hold key nuclear talks with...
  • Israel is the region's sole, if undeclared, nuclear-armed state, and it has long made preventing any rival from matching it its top defence priority
  • Netanyahu said that the ceasefire that went into effect in Lebanon the following day would allow Israel to focus on Iran, but he did not elaborate on what action he envisaged

Iran says may end nuclear arms ban if sanctions reimposed

Iran is set to meet with Britain, France and Germany for talks on its nuclear program on Friday after the...
  • Iran is set to meet with Britain, France and Germany for talks on its nuclear program on Friday
  • For Tehran, the goal of the talks on Friday is to avoid a "double disaster" scenario