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

Iran tests rocket capable of sending satellites into space

Three months after launching a satellite with the help of Russia, Iran has announced the successful test flight of a...
  • The Ghaem-100 rocket was manufactured by the aerospace organization of the Islamic Revolutionary Guard Corps and it is the country's first three-stage solid-fuel satellite launcher
  • In August this year, another Iranian satellite, named Khayyam, was launched by Russia on a Soyuz-2.1b rocket from Baikonur Cosmodrome in Kazakhstan

Saudi, Australian ministers discuss trade, bilateral ties

Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef met the Australian Assistant Minister of Industry for Manufacturing...
  • The Saudi delegation’s visit to Australia also included participating in the International Mining and Resources Conference + EXPO (IMARC).
  • The Saudi delegation highlighted initiatives to develop the industrial sector.

US backs two-state solution in call to Palestinian leader

US Secretary of State Anthony Blinken reaffirmed Washington's commitment to a two-state solution to the Israeli-Palestinian conflict in a phone...
  • The election result in the Jewish state came against the backdrop of soaring violence between Israel and the Palestinians.
  • US Secretary of State Anthony Blinken in a phone call with Palestinian President Mahmoud Abbas also discussed efforts to improve the quality of life for the Palestinian people.

Iranians stage new protest actions despite crackdown

Iranian students protested and shopkeepers went on strike despite a widening crackdown, according to reports on social media, as demonstrations...
  • As the working week got underway, security forces adopted new measures to halt protests at universities in Tehran.
  • An official in Kerman province admitted the authorities were having trouble quelling the protests that erupted after Amini's death on September 16.

Iran admits it had sent drones to Russia before the war

Iran admitted for the first time that it has sent drones to Russia, but insisted they were supplied to its...
  • Ukraine and its Western allies have accused Russia of using Iranian-made drones in recent weeks to carry out attacks.
  • The European Union and UK have imposed sanctions on three Iranian generals and an arms firm accused of supplying Russia with drones.

FANR highlights its robust nuclear safeguards regime

UAE's Federal Authority for Nuclear Regulation (FANR) has recently participated in the 14th Symposium on "International Safeguards: Reflecting on the...
  • The symposium in Austria aims to reflect on the experience gained and lessons learned over the past six decades of implementation of nuclear safeguards.
  • It also tries to verify that member states are honoring their international legal obligations to use nuclear material and technology only for peaceful purposes.

Turkey says Finland, Sweden must ‘take steps’ before NATO approval

Ankara has accused the two Nordic nations of providing a safe haven for outlawed Kurdish militants it deems "terrorists" and...
  • Finland and Sweden dropped decades of military non-alignment and scrambled to become NATO members after Russia invaded Ukraine
  • All 30 NATO member states except Turkey and Hungary have ratified the accession of Sweden and Finland

Italy allows migrant rescue ship dock for health checks

Rome, Italy— Italy will allow an NGO ship carrying 179 migrants rescued in the Mediterranean to dock so medics can carry...
  • More than 1,000 migrants are currently aboard rescue boats trying to reach Europe, and Italy has faced mounting pressure to let humanitarian ships dock
  • Germany sent a diplomatic note to Italy on Thursday asking its government to provide rapid help

Difference between Netanyahu and Lapid is the one between Pepsi and Coca Cola: Palestinian PM

During his brief premiership, Lapid adopted a more conciliatory approach, approving a modest increase in the number of Israeli work...
  • The difference between Netanyahu and Yair Lapid is like the difference "between Pepsi and Coca Cola," said Palestinian prime minister Mohammad Shtayyeh
  • Netanyahu's previous terms in office saw what little remained of the Middle East peace process collapse in a surge of Israeli settlement expansion in the occupied West Bank

G7 calls on oil-rich countries to up production for taming price rise

Increasing production should help "decrease volatility in energy markets" caused by the war in Ukraine, G7 foreign ministers said in...
  • The G7 also said it intends to finalise "in the coming weeks" the implementation of a Russian oil price cap mechanism.
  • Rising prices for energy in the wake of the Russian invasion of Ukraine, have driven a global surge in inflation and weighed on economic activity.

Emaciated Gaza woman dies after humanitarian flight to Italy hospital

A young Palestinian woman who was flown from Gaza to an Italian hospital in a severely emaciated state for treatment...

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US shoots down four Houthi drones in Red Sea

In November, the Houthis launched a campaign of drone and missile strikes against vessels in the Red Sea, an area...

Crypto fraudster Bankman-Fried faces sentencing

Calling Bankman-Fried's seven-count conviction reflective of the defendant's "unmatched greed and hubris," the government's sentencing request argues for significant jail...

Cross-border fire between Hizbollah and Israel leaves 16 dead

Israeli rescue teams searching a damaged building in the border town of Kiryat Shmona "found a 25-year-old who was unconscious,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israeli troops shoot dead three Palestinians in West Bank

Residents told AFP that Israeli forces entered Jenin and its adjacent refugee camp just after midnight (2200 GMT on Tuesday)...
  • Residents told AFP that Israeli forces entered Jenin and its adjacent refugee camp just after midnight (2200 GMT on Tuesday) and forced their way into several houses.
  • The health ministry said two men, Muhammad Sabti and Hamza Harawi, were killed in an air strike, and Ayman Azouqa was shot dead by Israeli troops.

UN expert faces threats after Israel Gaza ‘genocide’ remarks

Francesca Albanese, the UN special rapporteur on the rights situation in the Palestinian territories, said this week there were reasonable...
  • The pressure, she said, "pisses me off, of course it does. But it ... creates even more pressure not to step back."
  • Israel last month announced a visa ban on Albanese over comments denying that Hamas's October 7 attack was "anti-Semitic".

Quran burner Salwan Momika says leaving Sweden for Norway

Stockholm, Sweden - An Iraqi refugee in Sweden who stoked international outrage by repeatedly desecrating the Quran last year said Wednesday...
  • Salwan Momika, a Christian Iraqi who burned Qurans at a slew of protests in Sweden over the summer, told AFP that he had left Sweden and arrived in Norway.
  • The Swedish Migration Agency revoked Momika's residency permit in October, citing false information in his original application.