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

Sudan army suspends participation in US, Saudi brokered truce talks

The mediators of the talks in the Saudi Red Sea city of Jeddah have acknowledged repeated violations of the truce by...
  • The Sudanese army said the paramilitary Rapid Support Forces (RSF) had also "repeatedly violated the truce", a Sudanese government official said
  • Sudan specialist Aly Verjee said the mediators were eager to avoid a complete breakdown of the talks, for fear of a major escalation on the ground

Salvage of oil tanker stranded off Yemen can begin: UN

In an unprecedented salvage plan, the UN has purchased a super-tanker to remove the oil from the vessel in the...
  • The salvage operation, which will cost an estimated more than $140 million, has been assigned to a company called SMIT Salvage
  • SMIT Salvage will pump the oil from the 47-year-old Safer to the now UN-owned ship called Nautica, and then tow away the empty tanker

UAE is a reliable trade partner: Iranian foreign minister

Tehran, Iran-- Terming the UAE as a reliable trade partner, Iran's Foreign Minister Hossein Amir Abdollahian said bilateral between the...
  • The Iranian foreign minister made the remarks during a meeting with Khalifa Shaheen Al Marar, Minister of State of the UAE
  • Abdollahian said that ties between the two countries are strengthening at both the government and private sector levels

Iraq’s Christians turn to TV to save dying language

Syriac-speaking communities in Iraq and Syria have declined over the years, owing to decades of conflict driving many to seek...
  • Syriac has traditionally been the language spoken by Christians in Iraq and neighbouring Syria, mostly in homes but also in some schools and during church services
  • Syriac is also taught at around 265 schools across Iraq, according to Imad Salem Jajjo, responsible for Syriac education within the education ministry

Royal fever sweeps Jordan ahead of crown prince Hussein’s wedding

On the big day for the Hashemite kingdom, a key Western ally, the royal red motorcade, reserved for special occasions,...
  • The eldest son of King Abdullah II will marry Saudi fiancee Rajwa Al Saif at the grand royal wedding with regional monarchs, US First Lady Jill Biden is also among the guests
  • Photos of Saif's henna bridal party took the internet by storm last week as she donned a white gown with an Arabic poetry verse embroidered: "When I see you, life becomes sweet"

Extension of Kurdish parliament unconstitutional, says Iraq supreme court

Iraq's supreme court ruled as unconstitutional the extended mandate of autonomous Kurdistan's parliament, rendering invalid votes taken by the chamber...
  • The president of the top federal court in Baghdad, found unconstitutional the year-long extension of the chamber's mandate.
  • As a result, decisions taken by the Kurdistan parliament since October 2022 "are constitutionally invalid", the judge said.

Moscow issues 1.5m passports in occupied Ukraine territories

Russia has for years been issuing passports to people living in the eastern Donbas areas held by pro-Moscow separatists since...
  • People from the occupied regions told AFP this month that they had been pressured into taking up a Russian passport.
  • The EU has said it will not recognize Russian passports issued by Moscow in the "illegally-occupied" regions of Ukraine.

Putin slams Ukraine as Moscow hit by multiple drone attacks

As drones struck in and around Moscow, Russian drones targeted Kyiv for a third straight day while Ukraine gears up...
  • The Russian defense ministry said that eight drones were used in the attack, adding that five of them were downed and three disabled.
  • Putin said Moscow's air defense had worked in a satisfactory manner, noting that the attacks were Kyiv's "response" to a Russian strike on Ukraine's army intelligence headquarters.

Meeting discusses growth of new economic sectors in UAE

ABU DHABI, UAE  -  The Economic Integration Committee held its second meeting this year and discussed a range of key...
  • The Committee also discussed strengthening of the Anti-Money Laundering/ Combating the Financing of Terrorism ( AML/CFT) efforts.
  • The meeting discussed cooperation between the federal and local authorities concerned with the implementation of various economy-related laws.

Global action needed to reduce ‘extinction risk’ from AI, say experts

A one-line statement signed by dozens of specialists, including Sam Altman whose firm OpenAI created the ChatGPT bot, said tackling...
  • ChatGPT has demonstrated an ability to generate essays, poems and conversations from the briefest of prompts -- and sparking billions of dollars in investments.
  • Critics and insiders have raised the alarm over everything from biased algorithms to the possibility of massive job losses as AI-powered automation seeps into daily life.

India again refuse handshake with Pakistan in Asia Cup

Dubai, United Arab Emirates -- India skipper Suryakumar Yadav again refused to shake hands with Pakistan's Salman Agha as he...

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Trump threatens 100% tariff on BRICS countries over currency plans

Washington, United States - President-elect Donald Trump on Monday threatened to impose a 100 percent tariff on the BRICS group nations...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Palestinian leader Abbas lays ground for succession

Palestinian president Mahmud Abbas announced his replacement . Under current Palestinian law, the speaker of the Palestinian Legislative Council (PLC)...
  • Abbas, 89, still rules despite his term as head of the Palestinian Authority ending in 2009
  • The decree comes on the same day that a ceasefire entered into force in Lebanon

Five forgotten conflicts of 2024

he wars in the Mideast and Ukraine-Russia have dominated world headlines in 2024 but several other conflicts are ravaging countries...
  • The conflict in Sudan has left tens of thousands dead and some 26 million facing severe food insecurity
  • THe Democratic Republic of Congo has endured internal and cross-border violence for over 30 years

Biden-brokered truce deal halts Israel-Hezbollah war; Netanyahu plans to go full force against Gaza and Iran

Under US-brokered terms, Lebanon's army regains border control, curbing Hezbollah activity, while Israel vows to maintain security operations if threats...
  • US President Joe Biden announced the ceasefire agreement on Tuesday, as Israeli Prime Minister Benjamin Netanyahu said his ministers had agreed to a halt
  • Under the terms of the Lebanon truce, Israel will maintain "full" freedom to act against Hezbollah should the Iran-backed group pose any new threat, Netanyahu said