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

Eco-friendly goods buck global downward trade slide: UNCTAD

Trade in such goods grew by around four percent in the second half of 2022, with their combined value hitting...
  • Global trade surged to a record $32 trillion in 2022 before reversing course in the second half of the year amid deteriorating economic conditions and swelling uncertainties.
  • UNCTAD said it expected green industries to boom further as countries scale up their efforts to cut emissions and battle global warming.

Saudi, Iran foreign ministers hold Ramadan call, vow to meet ‘soon’

Reaffirming their resolve to implement a landmark bilateral reconciliation deal, the Saudi and Iranian foreign ministers spoke by phone to...
  • The Saudi foreign ministry in a statement said the bilateral meeting to be held soon would pave the way for the reopening of embassies and consulates
  • The reconciliation between Saudi Arabia and Iran has the potential to reshape relations across the region hit by turbulence for decades

Algeria dismantles Syria-Europe international trafficking network

In a crackdown on organized crime, Algeria has dismantled an international network specializing in trafficking people through Algeria to Europe,...
  • According to new reports, the Algerian police uncovered a network transporting the migrants to Benghazi airport in Libya during a five-month probe
  • The police also reportedly impounded more than $11,000 along with almost 9,000 euros during the operation

Quake-hit Syrians brace for subdued Ramadan

Now displaced in the rebel-held countryside of northern Syria, she places on the bare ground of her shelter a few...
  • The conflict, which erupted in 2011 with the brutal repression of peaceful protests, cost the lives of over 500,000 people
  • The United Nations warned last week that Syria faced "unprecedented levels of poverty and food insecurity".

No plans of reviving West Bank settlements, says Israel

Prime Minister Benjamin Netanyahu's office said the parliamentary vote scraps "a discriminatory and humiliating law, that prohibited Jews from living...
  • Israeli parliament had revoked a law Tuesday that banned Jewish settlers from residing in some areas of occupied West Bank.
  • In 2005, the Israeli government had vacated the Gaza Strip and removed Jewish settlers from four areas of occupied West Bank.

UAE, Pakistan discuss ways to enhance mutual trade, investment

The UAE accounts for over 40% of Pakistan's trade with Arab countries, with non-oil exports from the UAE to Pakistan...
  • UAE is Pakistan's leading investment partner in the Gulf and fifth at a global level, a report said at the end of 2021.
  • The non-oil trade between the two hit the figures of $7 bn in 2022, marking an increase of 30 percent compared to 2021.

Tear gas fired at Lebanon protest against economic meltdown

Lebanon's economic meltdown, described by the World Bank as one of the worst in recent global history, has plunged most...
  • The Lebanese pound, officially pegged at 15,000 to the dollar, has been trading on parallel markets at more than 100,000 against the greenback.
  • Some protesters shouted slogans against the political elite, widely blamed for the country's financial collapse.

UN’s water report: Floods cause $650bn in damages in 19 years

UN Water forum published its report as the first major conference on the issue in nearly a half-century is set...
  • Global water consumption has increased by about 1 percent per year over the past four decades.
  • Warming also intensifies and raises the frequencies of droughts, which over the same period affected 1.4 billion people.

Israel missiles hit Syria’s Aleppo airport: monitor

It was the second such attack in a month on the airport in Syria's second city, which has been a major...
  • The transport ministry said the Israeli strikes caused damage to the runway and to airport equipment, forcing all flights to be redirected to Damascus or to Latakia
  • Since civil war erupted in Syria in 2011, Israel has carried out hundreds of strikes against its neighbor, primarily targeting positions of the Syrian army

Xi by his side, Putin accuses west of rejecting Beijing’s peace proposals

Putin called the talks with Chinese president "meaningful and frank" and said that Russia, which has been largely cut out...
  • Putin said he was open to talks on Ukraine and praised Beijing's 12-point position paper on the conflict, which includes a call for dialogue
  • Energy is a key focus of Xi's visit, and Putin announced the two countries had reached an agreement on the Power of Siberia 2 gas pipeline

Qatar says reserves right to respond to Israeli attack, even as Trump delivers rare reproach of Israel

Doha, a key US ally that hosts the largest American base in the region, has hosted Hamas' political bureau since...

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Egypt says will not accept Israeli force on its Gaza border: state-linked media

Cairo, a key mediator in efforts to secure a ceasefire between Israel and Hamas in Gaza, "reiterated to all parties...

Israel strikes Lebanon, says thwarted large-scale Hizbollah attack

The result was perhaps the biggest exchange of fire in 10 months of a war which began with a Hamas...

Israeli defence minister declares 48-hour state of emergency

"The declaration on the state of emergency enables the IDF (Israeli military) to issue instructions to the citizens of Israel,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

The Gaza mothers separated from their newborns by war

Jerusalem, Undefined - As their first birthday approaches, the triplets Gaza-native Hanane Bayouk gave birth to in Jerusalem before the war...
  • Israeli travel restrictions and the ongoing conflict have left Palestinian mothers from Gaza struggling to access their children in Jerusalem
  • The number of births at the hospital has fallen sharply as Israel has stopped issuing travel permits to mothers from Gaza and slashed the number given to mothers

India’s Modi urges peace ahead of historic Ukraine visit

"It is India's strong belief that no problem can be resolved on a battlefield," Modi said in Poland, a staunch...
  • Modi is expected to use his landmark visit to campaign for a "peaceful" solution
  • Modi added his country supported "dialogue and diplomacy for restoration of peace and stability"

Israel kills top Palestinian militant as Gaza truce talks stumble

The Israeli military killed a senior Palestinian militant in Lebanon on Wednesday, leading to accusations from the Fatah movement that...
  • The strike killed Khalil Maqdah, described by Fatah as "one of the leaders"
  • Israeli bombardment elsewhere in Gaza killed at least 24 people on Wednesday