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

Islamic nations seek to turn crisis into opportunity with enhanced relations, trade amidst recession fear

At the 38th Ministerial Session of COMCEC, leaders of Islamic countries discuss ways to enhance bilateral and trade relations to...
  • At the 38th Ministerial Session of COMCEC, leaders of Islamic countries discuss ways to enhance bilateral and trade relations to help region and the world evade recession
  • The agenda of the ministerial COMCEC committee meeting includes improving transport & communications and developing sustainable & competitive tourism sectors

EU passes resolution to sanction Russian allies

The European Union gave itself legal authority to take action against anyone who helps Russia avoid its sanctions, the EU...
  • Member states unanimously agreed that violating restrictive measures against Russia be considered an "EU crime" across the bloc.
  • The new resolution would help standardize the interpretation and enforcement of EU sanctions law across the 27-member union.

Kazakhstan eyes energy takeovers after blackouts, ‘mismanagement’

ALMATY, KAZAKHSTAN - Kazakhstan warned Monday it could nationalize struggling energy companies in the oil-rich Central Asian country after the...
  • Kazakhstan is a net exporter of energy, but high gas prices this year fueled historic and bloody protests.
  • Last month, Kazakh authorities said 65 percent of regional electricity networks needed repair.

Tehran protests after US football body posts modified Iran flag

Iran has seen more than two months of demonstrations sparked by the death in custody of 22-year-old Kurdish-Iranian woman Mahsa...
  • Iran will face the United States in their final Group B game on Tuesday, when a win would put them through to the last 16
  • Iran's supreme leader Ayatollah Ali Khamenei said Saturday that negotiating with the United States would not put an end to the "troubles"

Turkish, Egyptian ministers to meet to build ties: Erdogan

Erdogan and Egypt's President Abdel Fattah al-Sisi shook hands last week in Qatar, signalling a fresh beginning in their ties.
  • Erdogan and Egypt's President Abdel Fattah al-Sisi shook hands last week in Qatar, signalling a fresh beginning in their ties
  • Relations between Ankara and Cairo have been strained ever since Mohamed Mursi of the Muslim Brotherhood, who was firmly backed by Erdogan

Iran sacks bank manager for serving an unveiled woman

Hardening its stance on the dress code, Iran has fired a bank manager who served an unveiled woman, according to...
  • Mehr news agency reported that the bank manager in Qom province, near the capital Tehran, "had provided bank services on Thursday to an unveiled woman"
  • The hijab became mandatory four years after the 1979 revolution that overthrew the US-backed monarchy and established the Islamic Republic

Khamenei’s niece arrested for denouncing Iranian regime, says brother

Moradkhani is the daughter of Khamenei's sister Badri who fell out with her family in the 1980s and fled to...
  • Farideh Moradkhani comes from a branch of the family that has a record of opposition to Iran's clerical leadership
  • Her brother Mahmoud Moradkhani wrote on Twitter that she was arrested on Wednesday after going to the office of the prosecutor following a summons.

Kurds protest as Turkey targets Kurdish group in Syria

Qamishli, Syria -- Thousands of Kurds protested on Sunday in the Syrian city of Qamishli against Turkish cross-border strikes targeting...
  • One week ago Turkey began a barrage of air strikes against the semi-autonomous Kurdish zones in north and northeastern Syria.
  • The PKK has waged an insurgency against the Turkish state since 1984. Turkey alleges that Syrian Kurdish fighters are the PKK's allies.

Jordan to receive $845 million in aid from the US

The United States will provide Jordan with over US$845 million in annual financial support, officials in Amman said as the...
  • The Hashemite kingdom is a key Western ally in the Middle East.
  • In September, the US committed to providing Jordan with $10.15 billion in aid between 2023 and 2029.

Saudi Minister inaugurates Aquatic Animal Diseases Network

RIYADH, SAUDI ARABIA - Saudi Minister of Environment, Water and Agriculture, Engineer Abdul Rahman bin Abdul Mohsen Al-Fadhli inaugurated Sunday...
  • The launch aims to strengthen the aquaculture industry, prevent aquatic diseases, support the production of aquatic organisms.
  • It also aims to meet the growing demand for aquaculture and its products, reduce the spread of diseases, train veterinarians and specialists in aquatic health.

Netanyahu slams Macron for fuelling ‘antisemitic fire’ by move to recognise Palestinian state

Israeli Prime Minister Benjamin Netanyahu upbraided President Emmanuel Macron in a letter seen by AFP on Tuesday, blaming the French...

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Pope expresses ‘deep sorrow’ over killing of Gaza aid workers

Vatican City, Holy See - Pope Francis expressed his "deep sorrow" on Wednesday for the deaths of seven charity workers killed...

Taiwan suffers from biggest earthquake in 25 years

NEW TAIPEI CITY, TAIWAN - Liu watched intently as rescuers carefully picked their way through the remains of a warehouse that...

UN rights council to consider call for Israel arms sales halt

The UN Human Rights Council on Friday is set to consider a draft resolution calling for a cessation of arms...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Polish PM warns of strained relations with Israel after aid workers killing

"If it is true that the convoy was deliberately attacked because it was supposed to contain a terrorist, and that...
  • Directly addressing Israeli leader Benjamin Netanyahu and Israel's envoy to Warsaw, Tusk posted on X: "Today, you are putting this solidarity to the test"
  • The Israeli strike killed seven aid workers in Gaza, including Australian, British, Palestinian, Polish and US-Canadian staff.

Palestinians relaunch bid to become UN member state

The Palestinians, who have had observer status at the world body since 2012, have lobbied for years to gain full...
  • To win the council's approval for the membership, the Palestinians would have to secure nine votes from the 15 members and no veto from any of the five permanent members
  • The League of Arab States, the Organization of the Islamic Conference and the Non-Aligned Movement sent a letter to Guterres on Tuesday supporting the bid by the Palestinians

Israel terms killing of aid workers in Gaza ‘grave mistake’

Israeli Prime Minister Benjamin Netanyahu said the military had "unintentionally" killed the aid workers, calling it a "tragic case" that...
  • The attack was widely condemned, with world leaders demanding an investigation
  • US President Joe Biden said Israel "has not done enough" to protect aid workers