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

Tunisia’s main workers union criticizes IMF loan talks

TUNIS, TUNISIA - Tunisia's largest union on Monday attacked the government's handling of negotiations with the International Monetary Fund (IMF) on...
  • Despite an agreement in principle on the loan, talks with the IMF have stalled for months over Tunisian President not committing to restructure public bodies.
  • The IMF has called for legislation to restructure over 100 state-owned firms, which hold monopolies over many parts of the economy.

Suspected Islamic State group chief killed in Syria: Erdogan

"The suspected leader of Daesh, codename Abu Hussein al-Qurashi, has been neutralised in an operation carried out yesterday (Saturday) by...
  • The Islamic State group announced the death of its previous leader, Abu Hasan al-Hashimi al-Qurashi, on November 30, replacing him with Abu Hussein al-Qurashi
  • An AFP correspondent in northern Syria said Turkish intelligence agents and local military police, backed by Turkey, had on Saturday sealed off a zone in Jindires

UN sending envoy to Sudan as conflict worsens humanitarian crisis

With projectiles crashing into residential buildings, supplies running short and daily life increasingly untenable for civilians, foreign nations have scrambled...
  • Secretary-General Antonio Guterres' announcement Sunday came shortly after rival Sudanese forces announced the extension of a truce they have largely violated
  • More than 75,000 people have been internally displaced in Sudan, the UN said, and almost 40,000 have crossed borders, mostly into Chad but also South Sudan and Ethiopia

Erdogan, opponent attract huge crowds ahead of crucial elections

The 69-year-old president has bounced back strongly from what was described as a digestive problem in the run-up to one...
  • The veteran Turkish leader filled a central Ankara square that can fit a few hundred thousand people with flag-waving supporters.
  • Erdogan in 2019 lost landmark municipal votes in Ankara, Istanbul and Izmir -- Turkey's three biggest and most economically powerful cities.

Iran’s parliament removes minister over rising prices

Iran's parliament voted in an impeachment session to remove the industry minister amid soaring prices as the Islamic republic's economy...
  • The vote came with the economy battered by Western sanctions, rampant inflation and depreciation of the rial against the dollar.
  • Defending the minister ahead of the vote, President Ebrahim Raisi had urged "stability in the management of this ministry".

Flight carrying humanitarian aid from Red Cross lands in Sudan

KHARTOUM, SUDAN -  A first Red Cross plane laden with humanitarian aid on Sunday landed in Sudan, where deadly clashes between...
  • The shipment took off from the Jordanian capital Amman and arrived in the eastern city of Port Sudan.
  • Only 16 percent of hospitals are functioning in the capital Khartoum, according to the World Health Organization.

US tells Beijing to stop ‘provocative and unsafe conduct’ in South China sea

Washington, United States--The US called on China Saturday to stop its "provocative and unsafe conduct" in the disputed South China Sea,...
  • US has warned China to refrain from taking aggressive actions, saying that any attack on Philippine armed forces would trigger a US response
  • China blamed the Philippine boats for intruding without its permission and termed it a "premeditated and provocative action"

Turkey inches closer to referendum on Erdogan’s two-decade rule

The 69-year-old leader looked fighting fit as he strutted back on stage after a three-day illness and tossed flowers to...
  • Polls show Erdogan running neck-and-neck against secular opposition leader Kemal Kilicdaroglu and his alliance of six disparate parties
  • The president is venerated across more conservative swathes of Turkey for unshackling religious restrictions and bringing jobs to millions of people

Jordan’s king seeks deeper partnership with US in ‘various fields’

Amman, Jordan--Expressing his deep appreciation of the United States for its support to Jordan, King Abdullah has called for strengthening...
  • Both the sides pledged to deepen the historic friendship and strategic partnership between Jordan and the US, and to widen ties in various fields
  • The king maintained that a restart in negotiations between the Palestinians and the Israelis was critical in order to reach just and comprehensive peace in the region

Saudi evacuation party brings 65 Iranians from Sudan

JEDDAH, SAUDI ARABIA - The first Iranian evacuees to escape the Sudan conflict through Saudi Arabia arrived on Saturday in Jeddah,...
  • Saudi Arabia has so far organized evacuations of about 5,000 people from 96 countries, according to the foreign ministry.
  • More than 510 people have been killed since fighting erupted on April 15 between the Sudan's army and its paramilitary forces.

UN rights expert says complicity with Gaza ‘genocide’ ‘shame of our time’

Albanese added that "this genocide has something different, is openly incited, cynically denied and relentlessly supported, armed and weaponized, while...

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Israel continues to tear apart Gaza and parts of Lebanon; Hamas-Hezbollah alive and kicking

While Israel continues to attack Gaza and Lebanon, the situation is "very scary" in Gaza Strip according to a Red...

Lebanese fishermen stay ashore after Israeli warning

The Israeli army warned late Monday that it would expand its operations against the Lebanese fighter group Hezbollah to Lebanon's...

Fleeing Israeli bombs, Lebanon’s displaced met with suspicion

Lebanon remains split over the group's decision to open a front against Israel in solidarity with Gaza and drag the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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HRW: Israeli strikes endanger civilians on Lebanon-Syria border

Human Rights Watch said the strikes were "impeding civilians trying to flee and disrupting humanitarian operations", adding: "The situation places...
  • Human Rights Watch said the strikes were "impeding civilians trying to flee and disrupting humanitarian operations"
  • Lebanese authorities said Friday that more than 370,000 people had crossed from Lebanon into Syria

Israel marks first anniversary of Hamas’s October 7 attack

Israel began its commemorations Monday of the one-year anniversary of Hamas's deadly October 7 attack, with an outpouring of emotion...

October 7 anniversary: Hamas praises ‘glorious’ moment in its resistance, Netanyahu says ‘we will win’

Hamas called the Palestinian resistance a testament of resilience against Israeli aggression, while Netanyahu reaffirmed Israel's commitment to crush Hamas...
  • Last year's October 7 attack resulted in the deaths of 1,205 people, according to an AFP tally based on Israeli official figures that include hostages killed in captivity
  • At least 41,870 Palestinians, a majority of them civilians, have been killed in Israel's military campaign in the Gaza Strip since the war began