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

Francafrique a thing of past: Congo president gives Macron a reality check

Dubai, UAE – French President Emmanuel Macron faced embarrassing moments during a joint press conference with the Congolese President Felix...
  • During a press conference, Macron lost cool, blaming Congo for its political crisis, but Tshishekedi reminds him of a former French minister's intrusive remarks.
  • Congo has criticized France for its support to Rwanda which has been accused of supporting the Congolese rebel group M23 in the eastern part.

Iran threat, China-Russia influence prime focus of Pentagon chief’s Middle East visit

US Defense Secretary Austin also visits Baghdad to assure US support for Iraqi security, stability, and sovereignty ahead of the...
  • Austin wrote on Twitter that he would meet key leaders and reaffirm the US commitment to regional stability and advancing the shared interests of our allies."
  • Some areas for collaboration sought to be pursued are “integrated air and missile defense, maritime security, intelligence sharing and early warning systems” 

Israeli operation in Jenin kills six Palestinians including militant

The Palestinian health ministry said six men had been killed, one aged 49 and the rest in their 20s, in...
  • At least 26 Palestinians were wounded during Tuesday's raid, the Palestinian health ministry said, three of them with serious injuries
  • Hamas condemned the killing of the six Palestinians, which it said would only make Palestinians "more determined to confront the Israeli occupation

Saudi Arabia hints Syria could return to Arab League

As relations thaw after more than a decade of isolation, Saudi Arabia has suggested that closer cooperation with Syria may...
  • Foreign Minister Prince Faisal bin Farhan Al Saud reaffirmed the Arab world's growing understanding that communication with Damascus was necessary
  • Syria was largely cut off from the rest of the Arab world following its leader Bashar al Assad's brutal suppression of 2011 uprisings against his government

Inter-Parliamentary Union urged to take up Bahrain rights issue

BEIRUT, LEBANON - Lawmakers attending an inter-parliament gathering in Bahrain's capital this week should seize the "opportunity" to address the Gulf...
  • Human Rights Watch and Bahrain Institute for Rights and Democracy have urged the participants to tackle human rights issues.
  • The Inter-Parliamentary Union ,the oldest and largest organization of parliaments, is scheduled to be held in Manama from March 11 to 15.

Israeli forces kill Palestinian, injure several others in West Bank

Two witnesses said rockets had been fired at the building housing a group of militants, and reported gunfire in the...
  • Heavy gunfire was reported between militants and soldiers as the Israeli forces surrounded a house.
  • Since the start of the year, the conflict has claimed the lives of 66 Palestinian adults and children, including militants and civilians.

Quake damages more than $100 billion in Turkey alone: UNDP

The World Bank estimated last week that the devastating quake, which flattened entire cities, had caused damage worth more than...
  • The 7.8-magnitude quake that struck on February 6 and its aftershocks have claimed more than 45,000 lives in Turkey.
  • The UNDP has been "very disappointed and saddened" by the low level of response to funding appeals to date.

Tunisia’s economic woes to worsen after World Bank lending pause

Migrants from sub-Saharan Africa faced violence and many were made homeless since Saied ordered "urgent measures" against them. In response,...
  • A World Bank official told AFP that it was unlikely any new funding would be approved until the "situation is clarified".
  • Tunisia has been in talks since 2021 with the World Bank's fellow global lender, the International Monetary Fund, for a $2-billion bailout loan.

New Qatar premier inherits strong economy, world cup glory

Sheikh Mohammed Bin Abdulrahman al-Thani takes charge at a time when Qatar’s economy is booming, posting a surplus of $24...
  • Sheikh Mohammed Bin Abdulrahman al-Thani succeeds Sheikh Khalid bin Khalifa bin Abdul Aziz Al Thani  who was appointed PM in January 2020
  • Qatar Emir Sheikh Tamim bin Hamad al-Thani's office also announced a cabinet reshuffle that reappointed the finance and energy ministers

Syria health workers launch cholera vaccine drive in rebel-held northwest

MAARET MASRIN, SYRIA - Syrian medics launched Tuesday the first cholera vaccination campaign in the rebel-held northwest since a deadly outbreak...
  • Health workers were going door to door to inoculate people in homes and displacement camps in Syria's Idlib region.
  • Across Syria around 85,000 suspected cases have been logged, according to the United Nations.

Saudi launches Damascus area reconstruction project

Damascus, Syria -- Saudi Arabia announced on Sunday humanitarian projects for Syria including the removal of wartime rubble around Damascus,...

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Hamas chief Ismail Haniyeh killed in Tehran: Iran’s Revolutionary Guards

"The residence of Ismail Haniyeh, head of the political office of Hamas Islamic Resistance, was hit in Tehran, and as...

Israel says ‘eliminated’ Hizbollah commander Fuad Shukr in Beirut strike

"Fuad Shukr was the commander responsible for the Majdal Shams massacre, in which 12 children were murdered after Hizbollah fired...

Israel army says 9 soldiers held over suspected abuse of detainee

The Israeli military said Monday nine soldiers were being held in a case of suspected abuse of a Palestinian detainee...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Iran’s Khamenei formally grants Pezeshkian presidential powers

In a message read by the director of Khamenei's office, he said: "I endorse the vote (for) the wise, honest,...
  • The endorsement ceremony was held in the capital Tehran in the presence of senior Iranian officials and foreign diplomats, and broadcast on state TV
  • Following the event, acting president Mohammad Mokhber handed over official responsibilities to 69-year-old Pezeshkian

Israel vows retaliation after rocket kills 12 youths in occupied Golan Heights area

Israel's security cabinet on Sunday authorized Prime Minister Benjamin Netanyahu's government to decide on the "manner and timing" of a...
  • Israel's military said Hezbollah fired the rocket from Lebanon, hitting a football pitch in the Druze town of Majdal Shams and killing the youngsters, between 10 and 20 years
  • Hezbollah strongly denies involvement while the US and Israel pinned blame on Hezbollah. EU is pitching for an independent investigation into the incident

Gaza mediators, Israel spy chief to meet in Rome: Egypt media

"A four-way meeting between Egyptian officials and their American and Qatari counterparts, in the presence of Israel's intelligence chief, will...
  • Egypt, along with Qatar and the United States, has been involved in months of mediation efforts aimed at ending the Israel-Hamas war
  • The proposed truce deal would be linked to the release of hostages held by Gaza fighters in exchange for Palestinian captives held in Israel