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 participates in First Framework Working Group meeting within G20 Finance Track

BENGALURU, INDIA - The UAE participated in the first Framework Working Group (FWG) meeting within the G20 Finance Track, which...
  • Held for the first time under India’s G20 presidency in Bengaluru, the meeting sought to discuss the work plan for FWG in 2023.
  • The meeting was also attended by G20 members, invited countries and representatives from international organizations.

Jordan arrests 44 after deadly fuel protests

AMMAN, JORDAN - Jordan has arrested dozens of people accused of involvement in protests against rising fuel prices in which a...
  • Jordan's Public Security Directorate said that reinforcements had been sent to the violence-affected provinces.
  • Jordan's King Abdullah II warned that "anyone who raises a weapon against the state will be dealt with firmly".

UN passes resolution on Palestinian Right to Self-determination

Earlier on, the United Nations General Assembly voted by a majority five resolutions in favor of the Palestinian cause, especially...
  • Earlier on, the UN General Assembly voted by a majority five resolutions in favor of the Palestinian cause, especially the refugee issue
  • These resolutions are issued annually by the General Assembly, which has 193 members, and are non-binding

UAE reaffirms commitment to uphold multilateral system; urges UN to expand response to terrorism

"Reform will not be easy; a serious results-oriented process will require us to make deep concessions and agree to difficult...
  • While urging UNSC to expand its attention to the geographical scope of terrorist activities, the UAE reiterates itss intention to support the Delhi Declaration
  • UAE minister calls on all countries to address the root causes of extremism by spreading awareness of and respect for the principle of tolerance.

Algerian activist returned from Tunisia jailed for 3 years

Slimane Bouhafs "has been sentenced to three years in prison without parole" and a fine of 100,000 dinars ($727), said...
  • Bouhafs, a former police officer who converted to Christianity in the 1990s, was sentenced in 2016 to five years in prison for "insulting Islam."
  • Bouhafs and two co-defendants were tried at the court in the Algiers suburb of Dar El Beida on charges of belonging to and procuring foreign funds for a "terrorist organisation."

France and Morocco mend ties after visa spat

RABAT, MOROCCO  -  France and Morocco announced Friday they were mending fences after months of tensions over visas, and said President...
  • Speaking in Rabat alongside her Moroccan counterpart, French Foreign Minister said it was time to "write a new page together".
  • French President Emmanuel Macron and Morocco's King Mohammed VI spoke by phone after their countries' dramatic World Cup semi-final clash.

UN force in Lebanon calls for probe into Irish peacekeeper’s death

The United Nations' peacekeeping force in south Lebanon urged Beirut to ensure a "speedy" investigation into an Irish soldier's shooting...
  • Lebanon's caretaker Prime Minister Najib Mikati and army chief Joseph Aoun visited the UNIFIL headquarters in the border town of Naqura.
  • It is the first death of a UNIFIL member in a violent incident in Lebanon since January 2015,

Iranians hit streets again as protests enter fourth month

PARIS, FRANCE - Dozens took to the streets Friday in Iran's restive southeast, footage shared by rights groups showed, as a...
  • Images from Zahedan show crowds of men, some raising posters with anti-regime slogans, and a group of black-clad women marching.
  • The Islamic republic has seen waves of protests since the September 16 death in custody of Mahsa Amini a 22-year-old Iranian Kurd.

Top Jordan police officer killed in fuel price protests: Security Directorate

Colonel Abdul Razzaq Dalabeh, the deputy police chief of Maan province, was shot in the head on Thursday while police...
  • A separate statement said an officer and a non-commissioned officer "were shot while calming down 'saboteurs' who had staged riots", also in Al-Husseiniya.
  • The PSD said that it protects freedom of opinion and peaceful expression but would use "appropriate" force with anyone who stages riots and vandalises property.

$858 bn US defense bill scraps military vaccine mandate

The mandate -- under which the Pentagon says more than 8,000 military personnel have been discharged for refusal to comply...
  • The White House supported Austin's opposition to repealing the mandate, but that was not enough to carry the day in Congress
  • Republican Representative Kevin McCarthy, who is seeking to become speaker of the House, has argued that the mandate has affected recruiting

Iran says killed six ‘terrorists’ linked to Israel in Sistan-Baluchistan province

Iranian forces have killed six militants in a raid in the restive southeast, state media reported Saturday, saying they were...

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Israel pounds Gaza as Iran attack threat puts region on edge

The latest bombardments in Gaza came after Israel said it had strengthened air defences and paused leave for combat units,...

Defence minister says Israel ‘shoulder to shoulder’ with US on Iran

"Our enemies think that they can pull apart Israel and the United States, but the opposite is true -- they...

Israel on alert after Iranian threat as Gaza war grinds on

Iran's supreme leader, Ayatollah Ali Khamenei, warned Wednesday that Israel "must be punished and will be punished", days after one...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Hamas leader’s family killed in Gaza strike as truce talks drag on

The strike came as talks in Cairo aimed at a ceasefire and a hostage release deal dragged on without signs...
  • Hamas said in a statement that three of Haniyeh's sons and four of his grandchildren were killed in the air strike
  • Israel confirmed the killings, saying the sons were "Hamas operatives" who were "on their way to carry out terrorist activities"

Biden says Israel making ‘mistake’ in handling of Gaza war

Biden urged Netanyahu "to just call for a ceasefire, allow for the next six, eight weeks, total access to all...
  • Biden rebuked Israeli Prime Minister Benjamin Netanyahu's handling of the conflict and reiterated the need for a ceasefire
  • "I think what he's doing is a mistake. I don't agree with his approach," Biden told Spanish-language TV network Univision

Israel strikes Gaza as US says Rafah attack ‘not imminent’

US Secretary of State Antony Blinken said he had no indication of an "imminent" Israeli assault on the city, the...
  • Hamas had said earlier it "appreciates" the efforts from mediators Qatar, Egypt and the United States, but accused Israel of failing to respond to its demands
  • Despite growing pressure from top ally the United States, Netanyahu stressed Israel would pursue the twin goals of bringing home "all our hostages"