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

Rival Libya administrations agree to remove foreign fighters: UN

Cairo, Egypt-- Senior Libyan officials from both rival administrations on Wednesday endorsed a coordination mechanism to clear the war-torn country of...
  • According to UN estimates there are more than 20,000 foreign fighters, both military and paramilitary, in the country
  • The country descended into a decade of violence following the 2011 overthrow of dictator Moamer Kadhafi in a NATO-backed rebellion

Morocco criticizes ‘unjust’ EU campaign over Pegasus spyware

Rabat, Morocco--The Moroccan parliament decried Wednesday an "unjust campaign" against it at the European Parliament ahead of a hearing in Brussels...
  • The parliament is set to hear from experts, human rights defenders and journalists on Thursday on claims that Morocco had used the spyware against politicians and journalists
  • The Moroccan parliament voted unanimously to review ties with the European Parliament, accusing it of meddling

Algeria recalls envoy from France in fresh outbreak of tensions

Tensions between Algeria and France have spiked again after Algerian President Abdelmadjid Tebboune on Wednesday decided to recall his country's...
  • According to a statement released by Algeria, it has protested against the "clandestine and illegal exfiltration of an Algerian citizen" via Tunisia to France
  • Ties between the two countries had been frosty since autumn 2021, but warmed when French President Emmanuel Macron visited Algiers last August

Syria’s White Helmets rescuers urge international quake help

First responders from the group that was formed a decade ago to save the lives of civilians during Syria's civil...
  • Their volunteers include 3,300 young men and women, including 1,600 dedicated to search and rescue operations.
  • AFP correspondents across the war-ravaged country said rescue workers and residents have had to sift through the rubble with their bare hands.

Iran unveils an underground air force base. IRNA says

Last week, Iran claimed Israel launched a drone strike on a military plant in the central city of Isfahan.
  • Last week, Iran claimed Israel launched a drone strike on a military plant in the central city of Isfahan
  • Western powers accuse Iran of seeking to build nuclear weapons, something that Tehran has always denied

US to work with partners to support Syria with aid but not Assad

Washington, United States--The United States said Tuesday it was working with partners to provide earthquake relief in Syria but would stand...
  • The US has refused normalization of relations with Syrian President Bashar al-Assad or any direct reconstruction aid
  • Stephen Allen, who is leading the response on the ground for the US Agency for International Development, said that most of the damage was in areas not under Assad's control

UN states spar over Syria chemical attack report

Damascus denies the use of chemical weapons and insists it has handed over its stockpiles under a 2013 agreement, prompted...
  • The Organization for the Prohibition of Chemical Weapons (OPCW) blamed Damascus for the strike on the rebel-held town of Douma, which killed 43 people
  • The OPCW report said there were "reasonable grounds to believe" that at least one Syrian air force helicopter had dropped two cylinders on the town

Qatari, Bahraini foreign ministers discuss talks to resolve issues

Earlier in the last week of January, Bahrain's crown prince and Qatar's emir spoke by telephone. in a sign that...
  • Earlier in the last week of January, Bahrain's crown prince and Qatar's emir spoke by telephone. in a sign that the two Gulf countries are making effort to improve ties
  • In June 2017, the four countries - Saudi Arabia, the UAE, Bahrain and Egypt - severed diplomatic ties with Qatar, accusing it of supporting militant groups, which it denied

Aleppo buries its dead as rescuers look for survivors in rubble

Soldiers, rescuers and residents of Aleppo's Bustan al-Qasr neighborhood used pickaxes and shovels to free survivors trapped under the debris...
  • The region's worst earthquake in over a century has killed more than 6,200 people, at least 1,712 of them in Syria
  • Aleppo, with at least 290 fatalities, has accounted for more than a quarter of all deaths in government-held areas, Syrian state media said

Morocco hands migrants more jail time over Melilla tragedy

Rabat, Morocco--A Moroccan appeals court has increased the prison sentences of eight migrants over a deadly attempted crossing into the...
  • A court increased the sentences of three migrants to four years in prison, and three years for five others".
  • The charges against them include illegal entry to Morocco, "disobedience" and "damaging public property".

Lost for 50 years, Nobel patents found in Swedish summer home

Stockholm, Sweden -- A dozen patents belonging to Swedish inventor and philanthropist Alfred Nobel and lost for almost 50 years...

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Blinken meets Sisi in Cairo at start of Mideast tour

Blinken said his message to regional governments was that "if you want a ceasefire, press Hamas to say yes" to...

Blinken returns to Mideast in push for truce

US Secretary of State Antony Blinken was heading back to the Middle East on Monday to push a ceasefire plan,...

Israel army says senior commander resigns over Oct 7 attack

Israel's army said Sunday that a senior commander had resigned over what he called his failure to prevent the October...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel pounds Gaza refugee camp as war enters ninth month

In a new diplomatic push, US Secretary of State Antony Blinken will visit Israel and key regional partners Egypt, Jordan...
  • Efforts to mediate the first ceasefire in the bloody conflict since a week-long pause in November appear to have stalled a week after US President Joe Biden offered a new roadmap
  • Hamas has yet to respond to Biden's proposal, while Israel has expressed openness to discussions but remains committed to destroying the Palestinian group

Gaza hospital says 37 dead in strike on UN school Israel says used by Hamas

"The government of Israel has said that they are going to release more information about this strike, including the names...
  • The raid came after US, Qatari and Egyptian mediators resumed talks aimed at securing a truce and hostage-captive swap in the eight-month war
  • The Israeli military said it had "eliminated" several fighters in a "precise strike on a Hamas compound embedded inside a UNRWA school."

Israeli army claims deadly strike on ‘Hamas compound’ inside UN school in Gaza

The hospital reported an electrical generator failure earlier in the night, which risked complicating the treatment of patients. Prior to...
  • Israeli "fighter jets... conducted a precise strike on a Hamas compound embedded inside an UNRWA school in the area of Nuseirat", the army said in a statement
  • The Hamas media office said at least 27 people were killed and dozens injured in the strike and taken to Al-Aqsa Martyrs Hospital