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

Iran makes first arrests as mystery school poisoning cases hit 5,000

Scores of Iranian schools have been hit by poisonings since late November, with pupils suffering symptoms ranging from shortness of...
  • Supreme leader Ayatollah Ali Khamenei had called Monday for the perpetrators of the "unforgivable crime" to be tracked down "without mercy" as public anger mounts.
  • Deputy health minister Saeed Karimi said symptoms included "respiratory irritation, stomachache, weakness and lethargy".

Israeli warplanes hit Syria’s Aleppo airport, says ministry

Israeli warplanes struck Aleppo airport before dawn, causing significant damage that halted flights to and from Syria's war- and quake-battered...
  • The damage forced authorities to close the airport to all flights, the Syrian government said.
  • Aid deliveries have been diverted to Damascus and Latakia airports, a Syrian transport ministry statement said.

Japan allots US$1.6bn to contentious Australia hydrogen project

In a statement, HESC said the project has entered its commercial demonstration phase with money from Japan's Green Innovation Fund,...
  • The Hydrogen Energy Supply Chain (HESC) project is a joint Japanese-Australian undertaking intended to produce plentiful and affordable fuel for Tokyo
  • Its backers argue it will create economic opportunity in Victoria, but NGO Environment Victoria has also warned about the HESC's CCS claims

Qatar appoints new PM, after resignation of Sheikh Khalid

Doha, Qatar-- Qatar's Prime Minister Sheikh Khalid bin Khalifa bin Abdul Aziz Al Thani has resigned from his job, according...
  • According to the state news agency, the emir has appointed Sheikh Mohammed Bin Abdul Rahman Al Thani in the post
  • The outgoing PM Sheikh Khalid was appointed to the office in January 2020, after having been head of the Amiri Diwan

Pentagon chief in Iraq, 20 years after US-led invasion toppled Saddam

Iraq has recently hosted a raft of foreign officials, including the Iranian, Russian and Saudi foreign ministers and UN chief...
  • His visit comes ahead of the March 20 anniversary of the ground invasion which ushered in two decades of bloodshed that Iraq is only now beginning to exit
  • "I'm here to reaffirm the US-Iraq strategic partnership as we move toward a more secure, stable and sovereign Iraq," Austin tweeted as he landed in Baghdad

World Bank pauses Tunisia program over president’s migrant remarks

In the message sent on Sunday evening, the bank's outgoing President David Malpass said Saied's tirade had triggered "racially motivated...
  • World Bank President David Malpass noted that measures announced by the Tunisian government to protect and support migrants and refugees marked a "positive step"
  • According to official figures, there are around 21,000 undocumented migrants from other parts of Africa in Tunisia, which is home to around 12 million people

UAE shares view at first G20 Culture Working Group meeting

ABU DHABI, UAE  - UAE Ministry of Culture and Youth (MCY) participated in the First G20 Culture Working Group (CWG)...
  • G20 members, invited countries and international organizations attended the meetings of the Culture Working Group.
  • The meeting discussed the challenges and opportunities in the cultural ecosystem on a global scale.

Turkey’s opposition scrambles to select consensus candidate

Analysts view the opposition's failure to put aside their differences just two months before the vote as one of the...
  • Tayyip Erdogan faces the fight of his political life in what many view as Turkey's most consequential election.
  • The 68-year-old leader will need to overcome the twin hurdles of an economic crisis and a devastating earthquake.

Saudi Arabia to deposit $5 bn in quake-hit Turkey’s central bank

Ahmed Al Khateeb, the Saudi tourism minister and board chairman of the Saudi Fund for Development, signed an agreement with...
  • The decision, which will shore up Turkey's foreign reserves and help it combat inflation, was made on the order of King Salman and Crown Prince Mohammed bin Salman.
  • Turkey was already suffering from skyrocketing inflation and a weakening currency before last month's massive 7.8-magnitude earthquake.

Severe punishment for people behind poisoning, says Iran

Iran's Supreme leader Ayatollah Ali Khamenei said those behind the poisoning of schoolgirls in recent months should face "severe punishment",...
  • Female pupils have reported suffering symptoms such as shortness of breath, nausea and vertigo after detecting "unpleasant" or "unknown" odors
  • Last week, deputy health minister Younes Panahi said that the suspected attacks were aimed at shutting down education for girls.

Drone attack from Yemen injures man at Israeli airport: army, medics

A drone launched from Yemen injured a man when it fell on Ramon airport in southern Israel on Sunday, Israel's...

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Hamas says Netanyahu ‘stalling’ ceasefire deal with new terms

A source with knowledge of the talks said last week that Israel's return with extra demands was "a recurring theme"...

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,...

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...
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INSEAD Day 4- 300x600

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UAE urges ‘temporary international mission’ for post-war Gaza

Washington has said repeatedly that it opposes post-war government of Gaza by either Israel or Hamas and has called for...
  • It came after Arab heads of state called at a summit in May for the deployment of UN peacekeepers across the occupied Palestinian territories, an idea strongly opposed by Israel
  • Israeli Prime Minister Benjamin Netanyahu has said little about his plans for post-war Gaza, but he wants Israel to retain control of security matters

Palestinian and Jewish protesters stage rare peace march

Chanting "yes, to peace, yes, to a deal", hundreds of Palestinian and Jewish Israelis marched noisily through Tel Aviv on...
  • Their agenda starts with a ceasefire in the Israel-Hamas war, but ultimately, they want to reboot Palestinian-Israeli relations,
  • According to activists and watchdogs, Palestinian citizens of Israel have struggled to get authorization for anti-war protests

Netanyahu, Biden to meet on elusive Gaza deal

Joe Biden will press Benjamin Netanyahu on Thursday to seal a Gaza ceasefire deal, despite the US president's shock election...
  • Relations between Biden and Netanyahu are tense over Israel's conduct in the war
  • Netanyahu's fiery speech to Congress sparked rowdy protests