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

Japan plans export control measures for chip equipment

TOKYO, JAPAN -  Japan on Friday unveiled planned export controls on 23 items used to make semiconductors, following US pressure for...
  • The move to curb export of chip equipment comes as Japan confirmed its top diplomat will visit China this weekend.
  • As the second- and third-largest economies of the world, China and Japan are key trading partners.

UN to dispatch first convoy to W. Sahara mission sites since 2020

The announcement comes as UN envoy to the region Staffan de Mistura invited parties including Morocco and the Polisario Front...
  • The oldest functioning security barrier in the world separates the Moroccan territory from land controlled by Polisario rebels
  • Rabat, which controls some 80 percent territory, advocates a plan for limited autonomy for Western Sahara under Moroccan sovereignty

UN agency estimates quake hit 20% of Turkey’s food production

The Food and Agriculture Organization (FAO) said initial assessments in Turkey revealed "severe damage to agriculture, including crops, livestock, fisheries...
  • FAO estimated the quake caused $1.3 billion in damage, through destruction of infrastructure, livestock and crops, and $5.1 billion in losses to Turkey's agricultural sector
  • The UN's food agency is appealing for $112 million to help quake-affected communities in Turkey, including $25 million under a wider UN appeal issued in February

With Turkey’s endorsement, Finland finally joins NATO

Two weeks after President Recep Tayyip Erdogan publicly backed its bid, Turkish lawmakers unanimously supported Finland's membership of the US-led...
  • With some 800-mile border with Russia, Finland just has to take a few technical steps before it becomes the 31st member fo the world's most powerful military bloc
  • Russian President Vladimir Putin referred to the threat of NATO expanding into Ukraine as one of the main reasons for starting the war 13 months ago

Historic indictment: Trump becomes first former US president to face criminal charges

A New York grand jury has indicted former US President Donald Trump over hush money payments made to porn star...
  • A New York grand jury has indicted former US President Donald Trump over hush money payments made to porn star Stormy Daniels during his 2016 campaign
  • This makes Trump the first former US president to face criminal charges, potentially disrupting his aspirations to regain office in the current presidential race

Two soldiers injured in Israeli aerial attack, says Syria

Syria's foreign ministry condemned the strikes, accusing Israel in a statement of trying to "escape internal divisions", as the country...
  • Israel has repeatedly targeted multiple positions in Syria as the country suffers from a decade old civil war.
  • Syrian said the Israeli missile was launched from occupied Golan Heights and hit few positions near Damascus.

Saudi Arabia agrees to partner with China-led security bloc

Riyadh, Saudi Arabia -- Saudi Arabia has agreed to join the Shanghai Cooperation Organization as a "dialogue partner", state media reported...
  • The Shanghai Cooperation Organization was established in 2001 as a political, economic and security organization to rival Western institutions.
  • The move would grant Riyadh "the status of a dialogue partner in the Shanghai Cooperation Organization", it said.

Turkey set to approve Finland’s NATO bid

Finland and its neighbour Sweden ended decades of military non-alignment and decided to join NATO last May. Their applications were...
  • Turkey's ratification will leave Finland with only a few technical steps before it becomes the 31st member of NATO
  • Ratification is all but certain after President Erdogan ended months of negotiations and blessed Finland's candidacy

European Union deal to nearly double renewable energy by 2030

The provisional political agreement, which was reached after nightlong negotiations between the EU parliament and states, seeks to raise the...
  • The move also comes as the EU has sought to slash its dependence on Russian fossil fuels after Moscow cut gas supplies last year.
  • The figure is a compromise between the 45 percent share for renewables that was sought by EU lawmakers and the European Commission.

Emirati, regional leaders wish new UAE VP, Abu Dhabi Crown Prince, deputy rulers success in their roles

The decision of the UAE President Sheikh Mohamed bin Zayed Al Nahyan to name Tahnoun bin Zayed, who is the...
  • Qatar's Emir Sheikh Tamim bin Hamad Al Thani was the first among regional leaders to congratulate the UAE President on the move
  • The UAE leaders meanwhile, also appreciated the latest decisions of Sheikh Mohamed bin Zayed and congratulated the new appointees

EU lawmakers back push for action against Israel over Gaza

The EU chief said Wednesday in her keynote annual address to the European Parliament that she would propose those steps...

Company News

Latest News

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...

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...

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

Most Read

Oil tanker ablaze off Yemen threatens environmental disaster

An abandoned tanker carrying more than one million barrels of crude oil could contaminate vast areas of the Red Sea...
  • Threatening an oil spill four times the size of the 1989 Exxon Valdez disaster off Alaska
  • An attempt by private companies to tow away the burning ship was abandoned because it was "not safe"

Gaza agency says Israeli strike kills 40 in humanitarian zone

Gaza civil defence official Mohammed Al-Mughair told AFP early Tuesday that "40 martyrs and 60 injured were recovered and transferred"...
  • The strike hit Al-Mawasi - in Gaza's main southern city of Khan Yunis - which was designated a safe zone by the Israeli military early in the war
  • Israel's military has occasionally carried out operations in and around the area, including a strike in July that it said killed Hamas military chief Mohammed Deif

Israeli army orders new evacuation in northwest Gaza

The vast majority of Gaza's 2.4 million people have been displaced at least once during more than 11 months of...
  • Israel has issued numerous evacuation orders during its war against Gaza rulers Hamas
  • The evacuation orders have covered most of Gaza's territory, according to the UN