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

Mourners hit streets as Iran protests take bloody turn

Hundreds of mourners poured onto the streets of a flashpoint Iranian city, defying a lethal crackdown on protests over Mahsa...
  • The tradition in Iran of holding a "chehelom" mourning ceremony 40 days after a death has fuelled the demonstrations.
  • Iran's Foreign Minister Hossein Amir-Abollahian accused Israel and its allies of plotting against the country.

Lebanon MPs fail for sixth time to elect president

Lebanese lawmakers failed for a sixth time to elect a successor to former president Michel Aoun, whose mandate expired last...
  • There have been delays in electing previous Lebanese presidents.
  • This year's vacancy comes as Lebanon is mired in an economic crisis that the World Bank has dubbed one of the worst in recent history.

Gunmen kill 9 in two separate shootings in protest-hit Iran cities

Tehran, Iran— Assailants on motorbikes shot dead nine people, including a woman and two children, during protests in two separate attacks...
  • A senior judicial official in Khuzestan province said that three suspects were arrested and the hunt was on for others after first attack on protesters and security forces in Izeh
  • It is the second attack that the Iranian authorities have blamed on "terrorists" since nationwide protests flared over Amini's death

Saudi Arabia, South Korea agree to boost energy and defence ties

Among the agreements was Saudi investment for South Korean refiner S-OIL's Shaheen project, which would build petrochemical production facilities in...
  • Saudi Crown Prince Mohammed Bin Salman arrived in Seoul Wednesday. His Asian tour is aimed at shoring up the Gulf nation's ties with Saudi's biggest energy market.
  • During the visit, the two governments and companies from both countries signed about 20 deals in areas from agriculture to railways.

Ukraine grain deal extended ‘under current terms’: Turkey

Ukraine is one of the world's top grain producers, and Russia's invasion of the country blocked 20 million tons of...
  • The agreement would be in force for "120 days considering the winter conditions", and there could be "new arrangements" after the winter season
  • An international source close to the negotiations also confirmed to AFP that the parties concerned agreed to extend the deal

Macron says ‘must not politicize sport’ ahead of Qatar World Cup

"I think we must not politicize sport," said Macron, whose national team is defending the title they won in Russia...
  • French president, who will go to Qatar if France reach the semi-finals, said it was "a very bad idea to politicize sport."
  • France begin their defense of the World Cup trophy against Australia on Tuesday before also playing Denmark and Tunisia

Israel, US blame Iran as ‘drone strike’ hits tanker off Oman

An Israeli official told AFP that the strike on the tanker was "an Iranian provocation" that aimed to "disrupt the...
  • The Pacific Zircon was "hit by a projectile 150 miles off the coast of Oman" on Tuesday
  • The tanker was carrying 42,000 tonnes of gas oil and bound for Buenos Aires

Qatar steps up diplomatic, media offensive against rights criticism

In an interview with AFP, Qatar's Labor Minister Ali bin Samikh Al Marri said "racism" was behind the onslaught on...
  • Qatar's chief World Cup organizer said attacks on the Gulf state had been launched because it "competed as equals and snatched" the World Cup from rival bidders.
  • Qatar's media has spoken of a "systematic conspiracy" by European rivals. Al Sharq newspaper slammed "the arrogance" of some European countries.

‘Projectile’ hits tanker off Oman coast, Israel blames Iran

The tanker was "hit by a projectile approximately 150 miles off the coast of Oman ... on 15 November," the...
  • "There is some minor damage to the vessel’s hull but no spillage of cargo or water ingress," it said. It was not immediately clear who launched the projectile.
  • The Bahrain-based United States Fifth Fleet said it was "aware of the incident". UK Maritime Trade Operations, a British monitor, also said it knew of the incident.

Russia now routes oil through Turkey to reach EU

The 27-nation bloc has also placed an embargo on Russia coal. While it has not banned natural gas imports from...
  • The EU will ban most imports of Russian crude oil next month
  • Ankara has increased imports of Russian crude since the Ukraine invasion in late February, the think tank said

Hamas accepts new Gaza truce proposal from mediators Qatar and Egypt

"The movement has submitted its response, agreeing to the mediators' new proposal. We pray to God to extinguish the fire...

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Israeli army withdraws from Al-Shifa, Gaza health ministry

The Hamas government media office said the Israeli air strikes had provided cover for the withdrawing vehicles. The army launched...

Israel’s prime minister undergoes ‘successful’ surgery

The prime minister's office said in a statement that Benjamin Netanyahu was in "good shape and beginning to recover after...

Gaza children fly kites to escape horrors of war

RAFAH, PALESTINIAN TERRITORIES – Meters away from the concrete and steel fence separating the Gaza Strip from Egypt, 11-year-old Malak Ayad flies a...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

UN says four staff wounded in south Lebanon blast

The military observers, from Australia, Chile and Norway, and a Lebanese language assistant had been on foot patrol around the...
  • Lebanese PM Najib Mikati condemned what he called a "dangerous incident", while his foreign ministry said the attack was "in violation of international law"
  • UN chief Antonio Guterres condemned Saturday's blast and underscored "grave concern" over the frequent exchange of fire along the Blue Line

Gaza ceasefire talks to resume in Cairo: Egyptian media

Reports of the new talks in Cairo came as protesters in Israel's biggest city blocked a major road Saturday following...
  • Egypt, Qatar and key Israeli ally the United States have mediated previous rounds of negotiations, but a workable agreement has remained elusive
  • Reports of the new talks in Cairo came as protesters in Israel's biggest city blocked a major road Saturday following demonstrations calling for the release of hostages

Deadly chaos at Gaza aid distribution as WHO renews hospital warning

UN agencies have warned repeatedly that northern Gaza is on the verge of famine and called it a man-made crisis...
  • Israel's siege brings nightly air strikes and in recent days major operations around several hospitals, which it says are used by Palestinian group
  • The World Health Organization warned that Gaza had just 10 "minimally functioning" hospitals for its more than two million people