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

Right educational system crucial to help students become an active partners in shaping UAE’s future

“Increasing student competence in Arabic is a top priority; it's a crucial component of the UAE's national identity,” adds Sheikh...
  • The educational system must help students earn their university degrees in areas that are suited for their inclinations, skills, and abilities, says Sheikh Abdullah bin Zayed
  • Increasing student competence in Arabic is a top priority; it's a crucial component of the UAE's national identity, he adds

Spanish PM in Morocco on visit to cement ties

Spain's North African enclaves of Melilla and Ceuta - which both border Morocco - have long been magnets for people...
  • Sanchez and a dozen ministers are set to meet with top members of the Moroccan government on Thursday
  • They are expected to sign some 24 deals including on encouraging Spanish investment in the kingdom

SK Hynix posts record loss

The company is world's second-largest memory chip maker
  • The South Korean chipmaker SK Hynix reported an operating loss of $1.4 billion in the October to December period
  • Hynix's results come a day after Samsung Electronics said fourth-quarter operating profits plunged nearly 70 percent

Lebanese villagers fight to stem illegal logging

Lebanon, whose flag bears a cedar tree, is known for its greenery, with forests covering 13 percent of its territory.
  • He said around 30,000 trees had been planted in the past two decades but that since September, logging had become a regular occurrence.
  • Lebanon has the largest juniper woods in the Middle East, according to the environment ministry, and is also home to pine, oak, cedar and fir forests.

Israel considers sending military aid to Ukraine

Israeli PM's remarks come after a visit by US Secretary of State Antony Blinken, who called for calm following a...
  • Israeli PM has confirmed that the US has shifted a little-known stockpile of artillery it stations in Israel to Ukraine and he cast the Jewish state's own operations against Iran
  • Netanyahu said he was asked to mediate in an unofficial role after Russia invaded Ukraine in February but did not pursue it as he was then in opposition

Channel opened for UAE residents who stayed outside for 6 months

Abu Dhabi, UAE-- The Federal Authority for Identity, Citizenship, Customs and Ports Security (ICP) announced that it has added to...
  • This service does not apply to residents who hold golden residence permits.
  • The eligible people need to submit a copy of their Emirates ID and a copy of the passport.

King Abdullah of Jordan and US President Joe Biden to hold talks

Washington, US-- Jordan’s King Abdullah and US President Joe Biden will hold talks at the White House on Thursday, as...
  • Talks between the two leaders will cover means to bolster the strategic partnership between Jordan and the United States through expanding cooperation across various sectors
  • The king is in Washington and met with US House of Representatives Speaker Kevin McCarthy at the Capitol earlier on Tuesday

Abbas succession battle could ‘collapse’ Palestinian Authority

The report says Abbas, who has been unwilling to designate a successor, has also "hollowed out or disabled the institutions...
  • Abbas has repeatedly called off plans to hold presidential polls, as recently as 2021 when he scrapped scheduled elections citing Israel's refusal on allowing voting in Jerusalem
  • The International Crisis Group report has named PA civil affairs minister Hussein al-Sheikh and PA intelligence chief Majid Faraj as possible successors of Abbas

Green energy investment tops $1 trillion, matches fossil fuels

Despite the milestone, spending on energy transition technology must immediately triple to meet the target of net-zero emissions by 2050...
  • This is up 31 percent on the previous year and marks the first time the investment total has been measured in trillions.
  • China -- the world's biggest polluter -- was by far the largest investor in energy transition, with the United States a distant second.

Blinken meets Israeli, Palestinian leaders for peace

US Secretary of State Antony Blinken met Israeli and Palestinian leaders on his Middle East tour aimed at curbing the...
  • US Secretary of State Antony Blinken spoke of strengthening ties with the Palestinian Authority and the people of Palestine.
  • The US official met with some emerging leaders and members of the Israeli civil society.

France issues arrest warrant for Syria’s Assad over 2012 journalist killings: lawyers

Paris, France -- French judicial authorities have issued arrest warrants for ousted Syrian president Bashar al-Assad and six other top...

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Kuwait emir names former PM as new crown prince

Kuwait entered new political turbulence in May when the 83-year-old emir, Sheikh Meshal al-Ahmad al-Sabah, dissolved parliament just six weeks...

Gaza mediators urge Israel, Hamas to accept truce plan

Rafah, Palestinian Territories - Qatari, Egyptian and US mediators called on Israel and Hamas Saturday to "finalise" the truce deal outlined...

Hamas says Israel’s Gaza ceasefire proposal ‘positive’

The US president urged Hamas to accept the Israeli offer. "It's time for this war to end, for the day...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel troops push into central Rafah

In central Gaza, the Israeli army said it was "intensifying operations" and had carried out air strikes that "eliminated several...
  • Witnesses reported seeing Israeli air strikes "in central Rafah" as well as troop movements in the area
  • Israel said its forces had killed about 300 Palestinian fighters in Rafah since launching its military operation in the city

US, UK air strikes hit several sites in Yemen

The British defence ministry said in a statement that its planes launched strikes in "a joint operation with US forces...
  • AFP journalists heard loud explosions in the capital Sanaa and the port city of Hodeida overnight from Thursday to Friday
  • The Houthi-controlled television channel Al-Masirah said strikes had also targeted telecoms infrastructure in the town of Taez

Rafah battles intensify as Israel takes over Gaza-Egypt border strip

Israel said on Wednesday its forces had taken over the 14-kilometre Philadelphi corridor on the Gaza-Egypt border
  • The Israeli military launched its incursion into Rafah in early May despite international objections
  • A strike over the weekend that started a fire and killed dozens in a displacement camp drew a wave of fresh condemnation