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

Norway contributes US$23.7m of flexible funding to FAO

ROME, ITALY  -  The Food and Agriculture Organization of the United Nations (FAO) has welcomed a US$23.7 million contribution from...
  • The funds will be channeled through FAO’s Special Fund for Emergency and Rehabilitation Activities - a funding mechanism with streamlined procedures.
  • With this, FAO aims to reach around 600,000 food insecure people with farming inputs, livestock supplies, fishing inputs and cash assistance where needed.

Pakistani businessman exports food products to Israel

ISLAMABAD, PAKISTAN - The American Jewish Congress celebrated the arrival of the first shipment of food products from Pakistan to...
  • While Israeli authorities and buyers have no issue with direct shipments from Pakistan, officials in Islamabad have not issued any comment.
  • The transaction reportedly involved Pakistani-Jewish businessman Fishel BenKhald and three Israeli entrepreneurs.

US President Joe Biden calls for release of reporter held in Russia

Washington, United States--President Joe Biden on Friday called for Russia to release Wall Street Journal reporter Evan Gershkovich, who is being...
  • In a hard-hitting editorial in the Wall Street Journal, its board of opinion editors called for the expulsion of Russia's ambassador to the US as well as all Russian journalists
  • While condeming the arrest, the White House warned Americans not to travel to Russia and also advising those inside the country to leave for their own safety

UAE dispatches fresh aid shipment to quake-hit families in Afghanistan

Abu Dhabi, UAE--The UAE has dispatched a plane carrying 38 tonnes of urgent medical and food supplies to Afghanistan to...
  • The food and medical supplies will assist families hit by the earthquake, which has worsened the current humanitarian situation in Afghanistan
  • During the last few years, the UAE has ramped up its humanitarian assitance to Afghanistan by dispatcing 28 aircraft loaded with 623 tonnes of medical and food supplies

Iran’s Revolutionary Guards officer killed in Israeli strike on Syria

Tehran, Iran--An officer from Iran's powerful Revolutionary Guards was killed in Israeli air strikes on Syria early on Friday, a website...
  • Syrian state media said that Israel in its latest aerial assault launched several missiles from the occupied Golan Heights against positions near Damascus
  • Islamic Revolutionary Guard Corps said on its website, Sepahnews, that one of the force's officers was killed in the Israeli raid

‘Election interference, Kangaroo court’: Trump on indictment, says judge hates him

Trump's pending arrest throws a political grenade into next year's White House race and President Joe Biden sidestepped questions from...
  • Trump is to be booked, fingerprinted and will have a mugshot taken at a Manhattan courthouse on Tuesday
  • Trump, who is currently at his palatial Mar-a-Lago residence in Florida, was initially "shocked" at the indictment

Ajman, Italian-Czech Chambers discuss investment, business opportunities

AJMAN, UAE - The Ajman Chamber of Commerce and Industry’s (ACCI) discussed with the Italian-Czech Chamber of Commerce in Milan...
  • Ajman Chamber is keen to enhance its international cooperation and diversify its foreign partnerships.
  • The Chamber discussed the competitive elements provided by Ajman economy and the investment opportunities available.

Italy blocks AI chatbot ChatGPT over data privacy failings

Italy became the first western country to take such action against the popular chatbot. The country's Data Protection Authority said...
  • ChatGPT caused a global sensation when it was released last year for its ability to generate essays, songs, exams and even news articles from brief prompts.
  • Universities and some education authorities have banned the chatbot over fears that students could use it to write essays or cheat in exams.

Parched Tunisia imposes water rationing, mulls prison for violators

The country's dams are at critical lows following years of drought, exacerbated by pipeline leaks in a decrepit distribution network....
  • None of the country's major reservoirs is more than a third full, while some are at less than 15 percent, threatening Tunisia's agricultural sector.
  • The Tunisian Federation for Agriculture and Fisheries said thousands of hectares of farmland risked being left fallow due to the lack of rain.

Blinken affirms Israel ties, warns on peace after Netanyahu spat

US Secretary of State Antony Blinken called Foreign Minister Eli Cohen and "reaffirmed the importance of the enduring US– Israel...
  • Joe Biden called on Israeli Prime Minister Benjamin Netanyahu to step back from a bid to weaken the judiciary that has set off massive protests
  • Netanyahu responded that he would not bow to foreign pressure but took a more conciliatory tone when he participated in a democracy summit

Hamas says US ‘accomplice’ in Israel Qatar attack as funerals held

"This crime was... an assassination of the entire negotiation process and a deliberate targeting of the role of our mediating...

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US blames Iran-linked group for attack on Iraq diplomatic compound

The US embassy in Baghdad said in a statement issued on Friday that the attack was "initiated by Iran-aligned militia...

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...

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,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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EU’s top diplomat urges de-escalation at Lebanon-Israel border

As war has raged in the Gaza Strip following Hamas's October 7 attack on Israel, Lebanon's Hezbollah has traded near-daily...
  • "We need to de-escalate military tensions," Borrell told
  • "We have to continue pushing for a comprehensive peace in the region," he said

UN chief says six colleagues killed in Israel strike on Gaza school

United Nations Secretary-General Antonio Guterres said late Wednesday that Israeli air strikes on a school-turned-shelter in Gaza killed six staffers...
  • UNRWA called it the highest death toll among its staff in a single incident
  • Rescuers said the strike killed 18 people, including UN staffers

Israel strike on Lebanon kills Hezbollah commander

Mohammad Qassem al-Shaer, "a field commander" in the group's elite Radwan Force, "was targeted in an Israeli strike on a...
  • Hezbollah earlier announced Shaer had been killed by Israeli fire, but did not refer to him as a commander
  • The Israeli military said its air force had "eliminated the terrorist Mohammad Qassem al-Shaer" in the Bekaa Valley