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

US slaps fresh sanctions on Russia, Iran for ‘hostage-taking’

The US is "showing that one cannot engage in this sort of awful behavior of using human beings as pawns,...
  • The sanctions came a month after Russia detained Wall Street Journal reporter Evan Gershkovich, charging him with spying
  • At least three US citizens are being held in Iranian prisons, including businessman Siamak Namazi, held in Tehran's Evin prison since 2015

‘Shots fired’ at vessel in waters south of Yemen, says British navy body

Previous attacks have been blamed on Somali pirates but they have fallen in recent years as a result of international...
  • Shots were fired at the unidentified vessel in the Gulf of Aden, said UKMTO, which provides security alerts for the shipping trade
  • UKMTO report comes a day after Iran seized a US-bound oil tanker in the Gulf of Oman, another waterway bordering the Arabian Peninsula

NATO secretary general calls Jordan king, reaffirms strategic partnership

Amman, Jordan - Jordan King Abdullah on Wednesday received a phone call from NATO Secretary General Jens Stoltenberg during which...
  • They discussed “the deep-rooted cooperation and strategic partnership,” in military, training, and defence areas
  • Earlier this month, Prime Minister Bisher Khasawneh met a delegation from the Republican Party of the US Congress

Iran calls upon Lebanon to elect a president

Iran's foreign minister called on Lebanon to overcome political deadlock and elect a president, urging foreign governments not to interfere...
  • Lebanon, in the throes of a crushing economic crisis, has been without a president for almost six months amid deadlock between entrenched political barons.
  • A caretaker cabinet with limited powers has been at the helm since May last year after legislative polls gave no side a clear majority.

‘Nightmare’: Sudan evacuees fear for those left behind

On Wednesday, after a harrowing overland journey and overnight boat trip across the Red Sea, Sudan evacuees who have fled...
  • Evacuees began arriving in Saudi Arabia on Saturday, on naval ships that reached Jeddah carrying 150 people including foreign diplomats and officials
  • The rescue operation completed on Wednesday morning was by far the largest to date as more than 1600 civilians were arrived to the coastal Saudi city of Jeddah

Iran director Panahi travels abroad after 14-year ban

The 62-year-old Iranian director, whose films have won numerous international awards, was freed on bail in early February after nearly...
  • On Tuesday evening Panahi's wife posted a photo on Instagram of herself and the filmmaker at an airport, with both appearing happy to leave the country after a 14-year ban
  • Panahi was banned from making films and leaving the Islamic republic after supporting mass protests in 2009 and making a series of films that critiqued the state of modern Iran

Erdogan cancels poll appearances after developing stomach bug

Erdogan cut short a live television interview late on Tuesday after getting sick on air. His television appearance began more...
  • The 69-year-old leader's announcement came three weeks before Turkey holds what is viewed as its most important election of its post-Ottoman era
  • He is running neck-and-neck with secular opposition leader Kemal Kilicdaroglu and had three campaign appearances planned for Wednesday

Tokyo firm loses contact with lander carrying UAE’s moon explorer

The UAE-made Rashid Rover aboard the Hakuto Mission 1 Lunar lander was nearing its destination on the Moon when the...
  • The lander was travelling at around 16 mph (25 kph) at the time of the communication blackout.
  • The mission control team is still trying to locate and confirm the status of the lander.

UAE urges UN Security Council to resolve conflicts through dialogue

NEW YORK, US - UAE Minister of State Khalifa Shaheen Al Marar urged United Nations Security Council members to peacefully...
  • The UAE calls upon UNSC to bring peaceful resolution to conflict and crises, from Sudan to Ukraine.
  • UAE says it is imperative to promote dialogue and cooperation among nations to address challenges.

Saudi Arabia seizes 12m amphetamine pills, arrests four

Saudi Arabia regularly announces seizures of amphetamine pills without specifying whether they are captagon, used by wealthy Saudis as a...
  • The consignment of 12,729,000 amphetamine pills was hidden in a shipment of pomegranate fruit, and was passing Jeddah port.
  • The authorities arrested four people on charges of smuggling the pills, which included two Egyptians, Syrian and a Yemeni national.

Turkey court tries case that could oust opposition leadership

Tens of thousands of people protested in Ankara ahead of a key court hearing Monday targeting Turkey's main CHP opposition...

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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...

Israeli airstrikes escalate in Lebanon as UN and Macron demand urgent ceasefire and de-escalation

As Israeli airstrikes rock Beirut, the UN demands peace and hostages’ release, and Macron criticizes Israel’s military actions, warning against...

Iran FM threatens ‘even stronger’ retaliation to any attack

"Our reaction to any attack by the Zionist regime is completely clear," Foreign Minister Abbas Araghchi told reporters in the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Updates: Israel attacks 2,000 sites in Lebanon, kills over 40 rescuers, and destroys hospitals

Israel has intensified its attacks against Lebanon striking emergency services and professionals - a possible war crime. Several hospitals in...
  • Israeli bombing in Lebanon has killed more than 1,110 people and has displaced up to one million
  • Turkish President Recep Tayyip Erdogan accuses Israel of "shamelessly" attacking UN chief Antonio Guterres

Updates: Iran’s supreme leader says anti-Israel resistance will not back down

Ayatollah's rare address in Arabic follows Iran's second-ever direct attack on Israel; rallies held in Jordan and Bahrain in support...
  • Speaking days ahead of Oct 7 attack anniversary, Khamenei defended the Palestinian group's "logical and legal" actions and hailed its "fierce defense" against Israeli forces.
  • Beyond Tehran, crowds of protesters gathered in Jordan and in Bahrain, which both have ties with Israel, after Friday prayers in a show of support for Hamas and Hezbollah.

Israel’s hawkish Yoav Gallant driving war in Lebanon

Jerusalem, Undefined - Defence Minister Yoav Gallant, a former general who has shaped Israel's war against Hamas in Gaza, is a...
  • The hawkish politician, a member of Prime Minister Benjamin Netanyahu's party has repeatedly stressed that Israel must take the fight to Lebanon
  • Military action was "the only way to ensure the return of communities in northern Israel to their homes", Gallant told visiting US envoy Amos Hochstein last month