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

UAE, India mark first anniversary of signing CEPA with series of events

DUBAI, UAE -  Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi has marked the first anniversary...
  • The Federation of Indian Chambers of Commerce and Industry is on a four-day visit to the UAE to mark the signing of CEPA.
  • The FICCI delegation comprises over 100 exporters, start-ups and business owners.

‘Suspected IS attack in Syria death toll rises to 68’

The death toll from an attack blamed on the Islamic State group in Syria has risen to 68, a war...
  • The attack takes the total number murdered in suspected IS attacks in the Syrian desert to 90 since February 10.
  • The monitor said that IS was taking advantage of the annual harvest of the desert fungus delicacy.

Naval vessels begin to arrive in Abu Dhabi for NAVDEX 2023

Abu Dhabi, UAE--The first batch of naval vessels arrived at the Abu Dhabi National Exhibition Centre Waterfront (ADNEC Marina) today,...
  • The first batch comprised of seven naval vessels of different sizes and uses, coming from a range of countries
  • NAVDEX 2023 will be held in conjunction with IDEX 2023 from 20th-24th February

More than 50 killed in Syria attack blamed on Islamic State

In one of the deadliest attacks carried out by the IS this year, some 53 people were killed on Friday...
  • Syrian Observatory for Human Rights also reported the attack, which it said was carried out by jihadists on motorcycles who opened fire on the truffle hunters
  • The UN has said that despite setbacks, the jihadist group has "maintained its ability to launch attacks at a steady pace"

Blast wounds four US troops in Syria, IS leader killed, says military

WASHINGTON, US - An explosion wounded four American military personnel during a raid that killed a senior Islamic State (IS) group...
  • US leads an international coalition battling IS and conducts periodic raids and strikes targeting the group.
  • The US troops and the dog are being treated at an American medical facility in Iraq.

Tunisian footballer reaches Italy on migrant boat, says club

TUNIS, TUNISIA -  A goalkeeper at a top-flight Tunisian football club has reached Italy as a clandestine migrant, his club said...
  • Tunisia is struggling with a grinding economic crisis that has seen a growing wave of clandestine migration attempts in recent months.
  • Rome says over 32,000 migrants, including 18,000 Tunisians, reached Italy from Tunisia last year.

Building safety in focus as deadly quake renews alarm for Istanbul

Seismologists warn that a massive earthquake is likely to strike Turkey's biggest city -- officially home to 16 million people...
  • Independent urban scholar Murat Guney said carnage can be avoided if the government has the political will to relocate people from shoddy buildings filling the city's shanty towns.
  • Guney said Istanbul had around 1,166,000 residential buildings but 70 percent of these constructed before 1999 quake when no quake inspections were conducted.

Syria’s Assad thanks ‘Arab brothers’ for quake aid

The 7.8-magnitude quake hit Turkey and Syria on February 6, leaving a combined death toll of nearly 40,000 people. Since...
  • Some 120 planes laden with assistance have landed in the Syrian airports, about half of them from the United Arab Emirates
  • At least 3,600 Syrians died in the quake, which came nearly 12 years into the country's civil war - that has devastated swathes of the country

BBC tax raids put India press freedom in spotlight

Just weeks after the BBC aired a documentary examining Indian Prime Minister Narendra Modi's role in deadly 2002 sectarian riots,...
  • India has fallen 10 spots to 150th on the World Press Freedom Index, compiled by Reporters Without Borders, since Modi took office in 2014.
  • Criminal complaints were issued against a record 67 journalists in 2020, the latest year for which figures are available, the local civil society group reported.

All hands on deck as UN meets to protect high seas

Another two weeks of negotiations ended with no agreement in August last year, but advocates and officials have expressed cautious...
  • After more than 15 years of talks, the meeting is the third time in less than a year that negotiators are gathering for what is due to be the last round
  • Ocean ecosystems produce half the planet's oxygen and limit global warming by absorbing a large part of the CO2 emitted by human activities

Norway experiments with electric plane in real-life test

Oslo, Norway -- An electric plane took to the skies between the Norwegian airports Stavanger and Bergen on Thursday, simulating...

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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...

WikiLeaks founder Assange freed in US plea deal

Assange had been detained in the high-security Belmarsh prison in London since April 2019. He was arrested after spending seven...

Telegraph report on Hizbollah weapons at Beirut airport sparks outrage

Dubai, UAE - An article in The Telegraph alleging that Hizbollah is stockpiling Iranian weapons at Beirut International Airport (BIA)...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Lebanon Transport minister denies Hezbollah weapons at Beirut Airport

Lebanon's transport minister denied on Sunday that Hezbollah was storing weapons at Beirut airport, as fears grow of all-out war...
  • Hamieh invited ambassadors and journalists to inspect the airport on Monday morning
  • Cross-border exchanges between Hezbollah and Israel have escalated over the past two weeks

Gaza health officials say 24 killed in Israeli strikes

Gaza civil defence agency spokesman Mahmud Basal told AFP that at least 20 were killed in a strike on a...
  • The Gaza City strikes added to at least 120 deaths over the previous 48 hours which the health ministry in Hamas-run Gaza reported earlier Saturday
  • Exchanges of fire across the Lebanese border between Israel and the powerful Iran-backed group Hezbollah have also escalated, raising fears of wider war

Israel-Hezbollah tensions drive fears of widening Gaza war

Hezbollah chief Hassan Nasrallah's group and Israeli forces have exchanged near-daily fire since Hamas's October 7 attack on southern Israel...
  • Hezbollah said it fired dozens of rockets into northern Israel in retaliation for a deadly air strike in south Lebanon
  • Experts are divided on the prospect of wider war