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

Israeli government approves formation of a national guard

The Israeli government approved a decision to form a national guard, officials said, which opponents warn would function as a...
  • The national guard will comprise 1,800 members who will "bring back personal security" to Israelis, said a government statement.
  • More details about the guard's goals and authority will be issued by a committee within two months, the statement added.

Innovation key to solving Gulf water woes

Improved farming techniques, better desalination technologies, awareness campaigns and global cooperation can mitigate the regions problems caused by water scarcity.
  • World Economic Forum says the Middle East and North Africa is one of the most water-scarce regions in the world.
  • For years, the water crisis has exacerbated conflict and political tensions, while UNICEF says 90% of children in the region live in water stress areas.

Miami to host next edition of Global Priority Summit in 2024

According to FII CEO Richard Attias, the report on the Global Priority Summit will be ready by October 2023, and...
  • The summit emphasized the significance of motivation and collaborative efforts as crucial factors for the achievement of Saudi Arabia's Vision 2030
  • The FII CEO Richard Attias noted that what made the global conversation at the Miami Summit remarkable was that all speakers mentioned Saudi Arabia as a standard model

Dutch refinery looks to boost production of sustainable aviation fuel

Sustainable aviation fuels are being made from different sources such as municipal waste, leftovers from the agricultural and forestry industry,...
  • EU plans to impose the use of a minimum amount of sustainable aviation fuel by airlines, rising from two percent in 2025 to six percent in 2030 and at least 63 percent in 2050
  • Neste's Lehmus said there was a great need to mature the technologies to make sustainable aviation fuel from diverse sources such as algae, nitrocellulose and synthetic fuels

Israeli air strike near Homs injures five Syrian soldiers

The Syrian Observatory for Human Rights, a Britain-based war monitor, said the strikes targeted several military positions of Syrian government...
  • According to the agency, the attack was Israel's third in recent days after Damascus was targeted on the nights of March 30 and 31
  • The country's air defence intercepted several missiles, but five soldiers were wounded and some material damage was reported, the source added

Ukraine terms Russia UN presidency a ‘slap in the face’

Kyiv, Ukraine--Ukraine on Saturday branded Russia's presidency of the UN Security Council for the month of April "a slap in the...
  • As part of its monthly rotation between the Security Council's 15 member states, Russia takes on the presidency with ties with the West embittered by its invasion of Ukraine
  • Ukraine's foreign minister described Russia's tenure as a "slap in the face to the international community" and called on UNSC members to stop Russia from abusing its presidency

WTO 2023 to put spotlight on trade role in sustainable future

GENEVA, SWITZERLAND - The WTO’s annual Public Forum 2023 will focus this year on how trade can contribute to a...
  • The Forum will examine in particular how the services sector, digitalization and inclusive trade policies can support global environmental goals.
  • Sessions at the Public Forum are organized by representatives from civil society, academia, business, government and international organizations.

Man killed by police in old Jerusalem, says Israel

Israeli police said they shot dead an Arab Israeli who grabbed a gun from an officer and fired it in...
  • The attack occurred hours after thousands of Palestinians had packed the Al-Aqsa mosque compound.
  • Since the beginning of 2023, violence between Israel and Palestinians have increased rapidly.

Syrian foreign minister on a visit to Egypt

Egypt's Foreign Minister Sameh Shoukry met with his Syrian counterpart Faisal Mekdad in Cairo, a first since Syria's civil war...
  • Several Arab countries rushed to Syria's aid after a February 6 earthquake killed tens of thousands in the war-torn country.
  • Egyptian President Abdel Fattah al-Sisi called his Syrian counterpart Bashar al-Assad in an unprecedented show of support.

Iran puts two women behind bars for refusal to wear hijab

Iranian authorities ordered the arrest of two women, the judiciary said after a viral video appeared to show them being...
  • The new incident comes after the death in custody of Iranian Kurd Mahsa Amini in September sparked months of protests
  • Iranian President Ebrahim Raisi reiterated calls affirming that Iranian women should wear the hijab as a "religious necessity".

At major settlement project ceremony in West Bank, Israel PM vows ‘there will be no Palestinian state’

"We are going to fulfil our promise that there will be no Palestinian state, this place belongs to us," Netanyahu...

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First Palestinian ambassador to Spain submits credentials

The head of state welcomed Housni Abdel Wahed to the royal palace in Madrid for the traditional ceremony for newly...

Yemeni rebel missile hits central Israel in rare attack

Jerusalem, Undefined - A missile launched by Yemen's Hamas-aligned Houthi rebels hit central Israel on Sunday, a rare incident which caused...

Trump safe after apparent assassination attempt, person in custody

The incident came amid heightened tensions in the knife-edge presidential race, and concern for the safety of both candidates. "There...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Raided West Bank city holds funerals after Israeli army withdraws

On Friday morning, hundreds of people walked through the streets of Tubas alongside the four bodies hoisted on stretchers and...
  • The Israeli military said that its forces were engaged in a "counter-terrorism operation" in the area of Tubas
  • The official Palestinian news agency Wafa said the military withdrew Thursday evening

North Korea shows first photos of banned uranium enrichment site

North Korea for the first time showed images of the centrifuges that produce fuel for its nuclear bombs on Friday,...
  • North Korea is believed to have several sites for enriching uranium
  • The country may have produced enough fissile material to build up to 90 nuclear warheads: July report

US releases $1.3 billion in military aid to Egypt

The United States, Egypt and Qatar are parties to the negotiations for the release of the hostages held by Hamas...
  • Last year, the United States had made the release of part of this annual aid conditional on progress being made on respecting human rights in Egypt
  • This year, however, the State Department said Egypt had made "progress" in certain areas of human rights, and mentioned Cairo's help in mediating between Israel and Hamas