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

Hezbollah carries out military exercise, mock-raids

AARAMTA, LEBANON - Lebanon's Hezbollah movement simulated cross-border raids into Israel on Sunday in a show of its military might, using...
  • Around 200 Hezbollah fighters took part in the raids, part of large-scale military exercise in Aaramta, around 12 miles north of the Israeli border.
  • One simulated raid involved a drone attack against a target inside Israel, while in another, fighters attacked vehicles across a mock border.

Five Iranian border guards killed in Sistan-Baluchistan province

Five Iranian border guards were killed during clashes with an armed group in the restive southeastern province of Sistan-Baluchistan, state...
  • Iran foreign ministry spokesman Nasser Kanani condemned the attack saying Tehran expects Pakistan to "crack down on terrorist groups".
  • The attack was carried out by "a group that was seeking to infiltrate the country" but whose members "fled after suffering injuries, state media said.

Erdogan: Turkey’s irresistible force nears final election test

Known to his inner circle as "beyefendi" (sir) and to admirers as "reis" (the chief), Erdogan prides himself on being...
  • The ultimate political survivor, Erdogan, has overcome jail and a bloody 2016 coup attempt to emerge as Turkey's most important leader since Mustafa Kemal Ataturk.
  • Next Sunday's runoff is turning into a referendum on Erdogan's rule, with its result likely to leave the sharply polarized nation of 85 million deeply divided.

Bahrain, Qatar in focus as UAE astronaut shares unique view of the Gulf from space

Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as...
  • Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as "two shining pearls"
  • He also plans to celebrate his 42nd birthday by connecting with an audience at UAE University in Al Ain as part of his 'A Call from Space' initiative

Bahrain to resume diplomatic relations with Lebanon

The Bahraini decision comes the day after the Arab League summit in Saudi Arabia against a backdrop of unexpected rapprochement...
  • Bahrain followed Saudi Arabia in recalling their diplomats towards the end of 2021 after a Lebanese minister criticized Riyadh's military intervention in the war in Yemen.
  • Lebanon's prime minister Najib Mikati said the country "appreciated this decision and welcomes it". Saudi Arabia returned its envoy to Lebanon in April last year.

Moscow ‘captures’ Bakhmut ahead of Kyiv counteroffensive

Bakhmut, which once had a population of 70,000 people, has been the scene of the bloodiest battle in Moscow's more...
  • Ukrainian president Volodymyr Zelensky has warned that the fall of the city would open the way for Russian troops to capture more parts of Donbas.
  • Russia's announcement that the city had fallen came hours ahead of Zelensky's meeting Sunday with US President Joe Biden in Japan, during the G7 summit.

Saudi astronauts to conduct 11 experiments at Space Station

Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission. The...
  • Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom
  • The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.

Air strikes hit Khartoum as factions agree Saudi-US mediated ceasefire

The ceasefire "may be extended with the agreement of both parties," a joint statement issued after talks in Jeddah said....
  • The power struggle between regular army chief Abdel Fattah al-Burhan and his former deputy turned rival Mohamed Hamdan Daglo, who heads the paramilitary RSF, erupted on Apr 15.
  • On Saturday, Qatar's embassy was the latest diplomatic mission to be attacked, after similar attacks on the embassies of Jordan, Turkey and Saudi Arabia.

Qatar embassy attacked in Sudan as civil war rages

Air strikes and artillery exchanges shook the Sudanese capital and armed men ransacked the Qatari embassy as the country's warring...
  • "The embassy staff had previously been evacuated and... none of the diplomats or embassy staff were subjected to any harm," Qatar foreign ministry said.
  • The attack came a day after Arab leaders meeting at a summit in Saudi Arabia urged Sudan's feuding generals to halt the fighting.

WHO unveils network to minimize spread of infectious diseases

The World Health Organization launched a global network to help swiftly detect the threat from infectious diseases, like COVID-19, and...
  • The network will rely on pathogen genomics to analyze the genetic code of viruses, bacteria and other disease-causing organisms.
  • The data gathered will feed into a broader disease surveillance system used to identify and track diseases, in a bid to contain outbreaks.

Hamas warns hostages face fate of missing pilot if Israel assault continues

Hamas' armed wing published Saturday "farewell" photographs of most of the remaining hostages in Gaza, warning that Israel's assault on...

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Qatar halts Gaza mediation efforts amid stalled talks on ceasefire and hostage release

The Gulf emirate, which has hosted Hamas's political leadership since 2012 with US blessing, has been involved in months of...

Buried for 14 hours after Israeli strike, Lebanese toddler makes recovery

The strike flattened an apartment complex and killed 15 people, many of them relatives

Who will staff Trump’s Govt? A look at top contenders, with Elon Musk among the likely picks

Tesla CEO Elon Musk could head a new "Department of Government Efficiency," promising $2 trillion in federal budget cuts and...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Trump wins White House in stunning comeback

The polarizing Republican's win, following one of the most hostile campaigns in modern US history, was all the more remarkable...
  • As supporters chanted "USA!", the 78-year-old added that his "magnificent" win would "allow us to make America great again
  • World leaders swiftly pledged to work with Trump, led by Israel and Ukraine where the course of raging conflicts could depend on the new presiden

Republicans seize control of US Senate: networks

Republicans wrested the US Senate from Democratic control, ending four years in the minority, in its quest to dominate every...
  • Republicans reversed the Democrats' 51-49 Senate advantage with at least 51 seats and counting
  • If Republicans win all of the toss-up races, they'll end the election with 55 of the 100 seats

Netanyahu sacks defense minister Gallant over differences on Gaza

Citing a “trust breakdown,” Netanyahu dismissed Defense Minister Gallant amid the Gaza conflict, sparking Tel Aviv protests, as new defense...
  • Netanyahu and Gallant have frequently clashed over Israel's military offensive against Hamas following the Palestinian militant group's attack on Israel on October 7 last year
  • Israel's campaign has killed 43,391 people in Gaza, a majority of them civilians, according to Gaza health ministry figures which the United Nations considers to be reliable