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

UNESCO praises Saudi Arabia for its success in e-education governance

RIYADH, SAUDI ARABIA - The United Nations Educational, Scientific and Cultural Organization (UNESCO) has praised the achievements of Saudi Arabia...
  • UNESCO said that Saudi Arabia's National E-Learning Center is an example to be followed at the international level.
  • The National E-Learning Center supports the development of governance procedures in the electronic education and training sector.

Half a ton of heroin seized from unflagged boat in Arabian Sea

Abu Dhabi, United Arab Emirates--The French navy seized nearly half a ton of heroin and 3.5 tons of cannabis resin when...
  • It seized the drugs with an estimated value of 50 million euros after its frigate Guepratte spotted the dhow on December 27.
  • Part of the illegal drugs shipment was "probably intended for the European market", said the command based in Abu Dhabi in the United Arab Emirates.

War-themed video game fuels wave of misinformation

Footage from the war-themed Arma 3 video game has been used repeatedly in recent months in fake videos about the...
  • Arma 3 allows players to create various battlefield scenarios using aircraft, tanks and tanks and a host of weapons.
  • Given the unsophisticated nature of the Arma 3 misinformation, researchers say it is unlikely to be the work of state actors.

UAE and Azerbaijan pledge to enhance ties ‘across all fields’

Abu Dhabi, UAE-- The UAE and Azerbaijan have reviewed bilateral relations between the two countries and pledged to deepen ties...
  • The two top diplomats reviewed prospects for cooperation between the two countries in a number of sectors
  • Bayramov stressed the depth of the UAE-Azerbaijan relations and his country's aspiration to enhance and develop joint cooperation with the UAE at all levels

China’s air incursions into Taiwan zone doubled in 2022

Military analysts say China has used the incursions to probe Taiwan's defenses, exhaust its ageing air force and voice displeasure...
  • China sent 1,727 planes into Taiwan's air defense identification zone (ADIZ) in 2022, according to the daily updates released by Taipei's defense ministry
  • August 2022 saw a record 440 sorties by Chinese warplanes, the same month Pelosi became the highest-ranking US lawmaker to visit Taiwan in 25 years

More than 45,000 migrants made Channel crossing to UK last year

Migrant issue has become a huge political problem for the Conservative government, which has promised to bring down illegal immigration...
  • In total, 45,756 people made the dangerous small-boat crossing of one of the world's busiest shipping lanes last year, compared with 28,526 in 2021
  • The last year also saw the highest ever single-day total of migrants making the crossing, with 1,295 making the journey on August 22

France begins testing Chinese arrivals to track Covid variants

France joins other states including the United Kingdom, Italy and the United States in testing arrivals from China, four weeks...
  • As of Sunday, visitors from China must wear a mask and be prepared to submit to a test on arrival, which will be done at random
  • Then from Thursday travelers will also have to present a negative PCR or antigen test undertaken less than 48 hours before their flight

South Korea, US look to hold joint nuclear exercises

Seoul, South Korea-- Seoul and Washington are discussing joint planning and exercises involving US nuclear assets to counter growing threats from...
  • South Korea, under the hawkish Yoon, has beefed up joint military drills with the United States, which had been scaled back during the pandemic
  • In 2022, the North conducted sanctions-busting weapons tests nearly every month, including firing its most advanced ICBM ever

Israeli missile strike on Damascus airport kills two soldiers

Two Syrian soldiers were killed in an Israeli missile strike on Damascus International Airport, according to the country's state news...
  • According to Syrian Observatory for Human Rights, the strikes targeted pro-Iranian groups like Hezbollah and a weapons warehouse
  • Israel rarely comments on reports of its attacks, but it has repeatedly said it will not allow its archfoe Iran to gain a foothold in Syria

Explosion near Kabul military airfield kills, wounds several people: Official

The Taliban authorities claim to have improved security since storming back to power in August 2021 but there have been...
  • The cause of the blast at the gate of the facility next to Kabul's international airport was unclear, interior ministry spokesman Abdul Nafy Takor said.
  • Last month at least five Chinese nationals were wounded when gunmen stormed a hotel popular with Chinese business people in Kabul.

Erdogan jubilant as ‘Steel Dome’ air defence system delivered to military, hails it a milestone

Last August, Turkey, a member of NATO, unveiled plans to build a multi-layered air defence system to protect its airspace,...

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Hamas says no ‘major’ issues, as Gaza truce effort builds

Egypt, Qatar and the United States have been trying to mediate a new truce ever since a one-week halt to...

Blinken to Saudi as window shrinks on Middle East mega-deal

US Secretary of State Antony Blinken's visit to Riyadh comes nearly seven months after the eruption of war in Gaza...

Ship attacked by missiles off Yemen coast: UK agency

In the first attack "the vessel experienced an explosion in close proximity to the vessel which was felt by the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Ahead of feared Rafah invasion, Palestinians mourn bombardment dead

Israeli government spokesman David Mencer said Israel's war cabinet was meeting Thursday "to discuss how to destroy the last battalions...
  • Global concern has mounted over the looming operation against Hamas in Rafah, where much of Gaza's population has sought refuge from more than six months of war
  • Israeli officials have for more than two months vowed to enter Rafah, near the Egyptian border, but even before any ground operation the area has been regularly bombed

Israel says forces carrying out ‘offensive action’ in south Lebanon

Israeli forces are carrying out "offensive action" across southern Lebanon, Defence Minister Yoav Gallant said Wednesday without specifying whether ground...
  • The Israeli army said Hizbollah "has established dozens of terror means and infrastructures in the area" to attack Israel
  • Cross-border exchanges of fire have flared between the Israeli army and Hizbollah since Hamas's October 7 attack on Israel triggered war in Gaza

Israel thanks US Senate for approving military aid

Israel's foreign minister on Wednesday thanked the US Senate for approving $13 billion in military aid that he said sent...
  • The $13 billion in military aid that he said sent a "strong message" to the country's enemies
  • The approval comes as the war in Gaza enters its 201st day