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

Global warming raises risk of heat-related deaths among workers

The Occupational Heat Stress conference in Qatar, which focused on climate change and how rising temperatures threaten workers' health, heard...
  • There is no international standard for temperatures for outdoor working, but climate change has forced new scrutiny.
  • Last year's World Cup in Qatar drew attention to workers toiling in temperatures that can top 50 degrees, prompting Qatar to ban outdoor working from 10am to 3.30pm.

Oman to ramp up ‘military and defense industry’ ties with Iran

Tehran, Iran-- Oman is keen to improve the military and defense ties with Iran in order to ensure the security...
  • Sultan of Oman underscored the importance of developing military and defense industry cooperation between the two countries
  • The visiting Iranian Major General Mohammad Bagheri termed Tehran-Muscat relations as stable and positive

Saudi diplomats to return to Damascus to restore broken ties

Syrian President Bashar al-Assad was politically isolated in the region since the conflict began, but a flurry of diplomatic activity...
  • The kingdom would seek to develop joint Arab action, Saudi foreign ministry said, two days after Syria was readmitted to the Arab League
  • The move comes weeks after Syrian President Bashar al-Assad met in Damascus with Saudi Foreign Minister Prince Faisal bin Farhan

Ukraine peace talks seem a remote possibility, says UN chief

CUACOS, SPAIN -  UN Secretary-General Antonio Guterres said peace negotiations to end the conflict in Ukraine were "not possible at this...
  • UN Secretary-General Antonio Guterres said he hoped it was possible "in the future" to bring Russia and Ukraine to the negotiating table.
  • The UN chief's statement came as the leaders of Russia and Ukraine called for victory during events commemorating the end of World War II.

Israel defends Gaza attacks even as its rights record criticized

Israel told the UN it was justified in carrying out strikes on Gaza, even as its overall human rights record...
  • The Israeli army said that in its Gaza air strikes, it had targeted three leaders of Islamic Jihad, which it considers legitimate target.
  • Gaza health ministry said four children were among those killed and 20 people were wounded, some of them in serious or critical condition.

Syrian, Turkish foreign ministers meeting boost for Erdogan

The sides will "exchange views on the normalization of relations between Turkey and Syria, discuss humanitarian issues... and the voluntary,...
  • The top diplomats of Russia and Iran will also be a part of the meeting in Moscow, Turkey's foreign ministry said in a statement.
  • Erdogan had turned into one of Assad's fiercest opponents when the violent repression of protests set off Syria's civil war in 2011.

Global tourism industry is on track to reach pre-pandemic levels

MADRID, SPAIN -  The World Tourism Barometer published its second report of the year, which showed that international tourism is...
  • During Q1 2023, twice as many people traveled internationally than in the same period of 2022, with 235 million estimated tourists.
  • The report revealed that international arrivals have reached 80 percent of pre-pandemic levels in the first quarter of 2023.

UN says over 700,000 displaced within Sudan since beginning of conflict

Heavy fighting in Sudan has displaced 700,000 people within the country since the middle of April, the United Nations said,...
  • Even before the beginning of the fighting, 3.7 million people were registered as internally displaced in Sudan.
  • Another 150,000 people have fled Sudan since the beginning of the conflict, as per numbers released by the UN refugee agency.

UAE and US climate farming fund swells to US$13 billion

Thanks to the jump in the fund, the Agriculture Innovation Mission (AIM) for Climate, launched in 2021, now surpasses its...
  • Projects such as greener fertilizers are underway that use less fossil fuels to create, and returning to so-called "regenerative agriculture" practices that restore biodiversity
  • US Secretary of Agriculture Tom Vilsack and his Emirati counterpart Mariam bint Mohammed Almheiri, are co-hosting an AIM for Climate Summit in Washington this week

Canada expels Chinese diplomat, Beijing threatens retaliation

China said it had filed an official protest over breaches of international law and diplomatic norms, and accused Canada of...
  • Candian Foreign Minister Melanie Joly declared the diplomat "persona non grata" and said "Canada would not tolerate any form of foreign interference in our internal affairs"
  • According to a source familiar with the matter, Zhao Wei, an official at the Chinese consulate in Toronto at the heart of the affair, has been asked to leave Canada

Trump heads for landmark state visit with ‘friend’ King Charles

US President Donald Trump left for a historic second state visit to Britain Tuesday -- but political controversies, wars and...

Company News

Latest News

In escalation, Israel bombs Hezbollah-linked finance group

-Israel began bombing Lebanese branches of an association accused of financing the Iran-backed Hezbollah movement, Lebanese state media reported late...

Putin thanks UAE president for positive role in prisoner exchange with Ukraine

UAE President Sheikh Mohamed meets his Russian counterpart Vladimir Putin to discuss bilateral ties and Middle East. Sheikh Mohamed will...

Israeli attack kills 73 in north Gaza as Netanyahu says Hezbollah tried to kill him

War in the Middle East continues as Israeli attack kills 73 in northern Gaza while Israeli Prime Minister Netanyahu says...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Hamas leader Yahya Sinwar killed in Gaza as Iran issues fresh warning over Israeli retaliation

Israel and the US government officials express "relief" at the death of Hamas leader Yahya Sinwar. He became the militant...
  • Israel and the United States government officials express "relief" at the death of Hamas leader Yahya Sinwar
  • Iran's Revolutionary Guards chief Hossein Salami warned that Tehran would hit Israel "painfully" if it attacks Iranian targets

Escalating Conflict: Israel strikes Hezbollah in Lebanon killing mayor war

Hezbollah claimed it destroyed an Israeli tank using a guided missile, while Israel reported killing Hezbollah leader Jalal Mustafa Hariri...
  • The latest exchanges came as Israel faced increasing international pressure after UN peacekeepers in Lebanon were wounded
  • The region is braced for Israel's promised retaliation against its arch-foe Iran for launching around 200 missiles at Israel on October 1

Netanyahu rejects ceasefire’ in Lebanon, Hezbollah threatens to expand the scope of its missile strikes across Israel

In a call with French President Emmanuel Macron, Netanyahu said he was "opposed to a unilateral ceasefire, which does not...
  • Netanyahu's comments came as the United States ramped up pressure over Israel's conduct of the wars in Lebanon and Gaza
  • Netanyahu has insisted there must be a buffer zone along Israel's border with Lebanon where there is no presence of Hezbollah fighters