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 denies enriching uranium above 60 percent

Iran denied reports it has enriched uranium up to 84 percent, just below the 90 percent needed to produce an...
  • The IAEA is "giving Iran the opportunity to explain because it's apparently possible that there can be so-called 'spikes' of higher levels of enrichment".
  • Uranium enriched up to 90 percent purity is considered nuclear weapons-grade.

Algeria allocates $1 billion for development projects in Africa

The decision of the Algerian President was announced in a speech read by Prime Minister Aimene Benabderrahmane at the annual...
  • Tebboune said the agency's approach was based on Algeria's conviction that "security and stability in Africa are linked to development
  • Algerian Agency of International Cooperation for Solidarity and Development would coordinate with African nations seeking to benefit from the initiative

G42 signs on as strategic partner for IDC at NAVDEX 2023

Abu Dhabi, UAE--G42 and its subsidiaries Bayanat, Presight.AI and G42 Cloud have announced their participation as a strategic partner at...
  • The conference will serve as a global platform for decision-makers and the defence sector to highlight technologies and challenges
  • This year will mark the 30th anniversary of IDEX and the 12th anniversary of NAVDEX, where the exhibitions will form the biggest events of their kind in the region

IAEA in talks with Iran after reported nuclear step-up

Iran was last known to enrich up to 60 percent, while a 90-percent threshold is required for use in a...
  • IAEA said that it was discussing with Iran the results of recent agency verification activities and will inform the IAEA Board of Governors as appropriate
  • Iran started stepping up its nuclear activities in 2019, a year after the US under then president Donald Trump pulled out of the landmark deal and reinstated sanctions

Israel’s observer status at the bloc suspended: African Union

Addis Ababa, Ethiopia--The African Union said Sunday that Israel's observer status at the bloc was suspended and therefore it had...
  • Israel accused Iran of orchestrating the expulsion of the diplomat from the AU summit's opening day on Saturday with help from Algeria and South Africa
  • Video circulating on social media showed guards escorting the Israeli foreign ministry's deputy director general for Africa, Sharon Bar-li, out of the AU assembly hall

Saudi meet stresses carbon capture vital for net-zero goals

Riyadh, Saudi Arabia – Net-zero goal cannot be achieved without carbon capture and there is a need to scale up...
  • The King Abdullah Petroleum Studies and Research Center held a high-level roundtable on Carbon Management Technologies.
  • In 2022, investment in the carbon capture utilization and storage hit $6.4 billion.

Blinken reaches Turkey to support quake-hit country

US Secretary of State Antony Blinken arrived in Turkey to show support to the earthquake-hit country and NATO ally which...
  • His visit comes after a 7.8-magnitude tremor hit southeastern Turkey and northern Syria killing nearly 45,000 people
  • The top US diplomat arrived at Incirlik air base in southern Turkey through which the United States has shipped aid

Abu Dhabi delegation in Israel explores business opportunities

ABU DHABI, UAE -  A delegation of 10 Abu Dhabi entities visited Israel from  February 12-16 to discuss business cooperation...
  • The Abu Dhabi delegation participated in the 2023 OurCrowd Global Investor Summit in Israel.
  • The delegation hosted the Abu Dhabi Pavilion showcasing business and investment opportunities in the emirate.

Turkey’s fragile economy reels from tremors of earthquake

Turkey was already battling runaway inflation and relying on rich allies for funding to keep its economy afloat when a...
  • The quake in Turkey has damaged energy facilities, infrastructure, transportation, irrigation and logistics, added Tamgac
  • The UN's Food and Agriculture Organisation has warned of disruptions to basic food production in Turkey and Syria

Iran indicts woman for throwing headscarf to ground during protest

Tehran, Iran--Iran's judiciary is prosecuting a woman for "disrespecting" the Islamic headscarf after she threw hers to the ground during a...
  • Since the Amini protests erupted last year, more and more women have been venturing out without covering their hair
  • The requirement for women to wear the headscarf in public has triggered protests since the death in custody of 22-year-old Mahsa Amini in September

Amid Israeli strikes, Lebanon debates disarming Hezbollah under ceasefire deal, risking political turmoil and mass protests.

The Lebanese government is set to discuss on Friday an army plan to disarm Hezbollah, which the Iran-backed group opposes,...

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Gaza hospital chief says tortured in Israel detention

Israel's military has accused Hamas of using hospitals in the Gaza Strip as a cover for military operations. It has...

Fighting rages in Gaza City’s Shujaiya for fourth day

A Hamas official in Lebanon, Osama Hamdan, confirmed that the Islamist movement had received the latest proposal but said it...

Hamas official says ‘nothing new’ in US Gaza proposals

Hamas insists on a permanent ceasefire and a complete withdrawal of Israeli forces from the Gaza Strip. Hamdan said the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Polls open in Iran for presidential election amidst vote boycott calls

Polls in Iran opened on Friday for a presidential election following the death of ultraconservative president Ebrahim Raisi in a...
  • Around 61 million Iranians are eligible to vote in the polls
  • Khamenei: "the most qualified candidate" must be "the one who truly believes in the principles of the Islamic Revolution" of 1979

Battles in Gaza’s Rafah as US warns Israel over Lebanon

Top Israeli officials have suggested they are open to a diplomatic resolution of the border tensions, though Gallant said Israel...
  • "Another war between Israel and Hezbollah could easily become a regional war," US Defense Secretary warned
  • "Diplomacy is by far the best way to prevent more escalation," Austin added

Iran picks new president at turbulent time

Iranians vote on Friday to elect a new president from six candidates, including a lone reformist who hopes he can...
  • In the 2021 election that brought Raisi to power, voters shunned the polls
  • Six candidates, five conservatives and one reformist, are competing in Iran's presidential election