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

‘Putin has only one chance:’ Trump warns of make-or-break chance with Russian leader

Putin and Trump will meet Friday at an air base in the far-northern US state, the first time the Russian...

Geostrategy

Netanyahu floats ‘allowing’ Palestinians out of Gaza as mediators renew truce push

For Palestinians, any effort to force them off their land would recall the "Nakba", or catastrophe -- the mass displacement...

Geostrategy
Geostrategy

Iran says US wants nuclear concessions by backing protests

TEHRAN, IRAN - Iran on Saturday accused the United States of seeking to gain concessions in nuclear talks aimed at...
  • Iran has been rocked by demonstrations that flared over the death of the 22-year-old Amini on September 16
  • The street violence has led to dozens of deaths, mostly among protesters but also among the security forces
Geostrategy

New Russian strikes cuts Ukraine’s power supplies

Energy restrictions were "forcibly applied" in several regions, including the capital Kyiv and its surrounding region, Ukrenergo said. In western...
  • Russian forces rained over 80 missiles on cities across Ukraine on October 10, according to officials in Kyiv
  • The attack was in retaliation for an explosion that damaged a key bridge linking the Crimean peninsula to Russia.
Geostrategy

Saudi energy minister holds talks with counterparts in India

Prince Abdulaziz is also the Chairman of the Ministerial Committee for Economy and Investment in the Saudi-Indian Strategic Partnership Council.
  • Prince Abdulaziz is also the Chairman of the Ministerial Committee for Economy and Investment in the Saudi-Indian Strategic Partnership Council
  • Saudi minister said the visit will further enhance the strategic partnership between the two countries and enable them to explore further opportunities for cooperation
Geostrategy

Inflation, debt-ridden economy to hem in Italy’s new government

Inflation was up 8.9 percent on the year in September, fuelled by rising prices of food (up 11.4 percent) and...
  • Italy has a colossal debt of more than 2.7 trillion euros, around 150 per cent of its GDP, the highest ratio in the eurozone after Greece
  • Matteo Salvini, leader of the far-right League party and one of Meloni's government allies, has been pushing for more spending to help businesses for months
Geostrategy

Western powers call for UN probe of Iran drones in Ukraine

Several Western countries are calling for an "impartial" investigation into Iranian drones they say Russia is using in the war...
  • French ambassador to the UN Nicolas de Riviere called on Iran "to immediately cease all forms of support to Russia's aggression on Ukraine"
  • Iran strongly rejected the drone allegations at the United Nations earlier in the week
Geostrategy

Turkey says warned France about Lafarge support of terror groups

Turkish President Recep Tayyip Erdogan said Friday he warned France about the cement company Lafarge's ties to terror groups in...
  • Lafarge pleaded guilty in a US court Tuesday to paying millions of dollars to the Islamic State group and other jihadists in war-torn Syria between 2013 and 2014
  • Lafarge now faces the possibility of the introduction of evidence from the US prosecution into a separate French case over similar charges
Geostrategy

Syria shoots down Israeli missiles over Damascus

Tensions escalated again in the Middle East, when Syria shot down missiles over Damascus fired by Israel, the first such...
  • The British-based Syrian Observatory for Human Rights said the strikes targeted Syrian military sites near Damascus International Airport
  • Israeli airstrikes have targeted Aleppo airport in August and September
Geostrategy

Yemen rebels stage attack on southern oil port in first after truce

The conflict erupted in 2014 when the Huthis seized the capital Sanaa, prompting the Saudi-led coalition to intervene the following...
  • The attack was carried out by two drones but did not lead to casualties or damage, the Yemeni government said
  • Hadramaut governor Mubarak Mabkhout said in a statement that two drones exploded in waters near a ship
Geostrategy

Spain says new gas pipeline may take 7 years to build

A planned underwater energy pipeline linking Barcelona in Spain and Marseille in France could take up to seven years to...
  • France, Spain and Portugal announced that they had agreed to build the maritime pipeline.
  • The underwater pipeline - dubbed BarMar - would initially be used for natural gas but, over time, more and more for hydrogen.
Geostrategy

Tunisia intercepts more than 800 migrants in one night

Authorities also said they had detained 48 people, including six already wanted for allegedly "joining a gang in order to...
  • More than 23,500 migrants of various nationalities were intercepted off Tunisia between January and September, according to the FTDES rights group which tracks migration issues.
  • While many of those making the trip are escaping war or poverty further south, a long-running economic crisis is also pushing growing numbers of Tunisians to attempt the journey.

‘Putin has only one chance:’ Trump warns of make-or-break chance with Russian leader

Putin and Trump will meet Friday at an air base in the far-northern US state, the first time the Russian...
Geostrategy

Company News

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Turks to vote in local polls as Erdogan seeks to avenge defeat

Erdogan has entrusted his former environment minister Murat Kurum to run for mayor of Istanbul in the March 31 polls...
Geostrategy

Israel military signals extended operation at Gaza hospital

Jerusalem--A top Israeli commander has said troops will continue their operation at Gaza's largest hospital Al-Shifa until the last Hamas...
Geostrategy

‘UAE strengthens Gaza support with humanitarian aid’

“The activation of the maritime corridor is crucial. It will serve as an essential lifeline for the people of Gaza,...
Geostrategy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Geostrategy

End war’s ‘nightmare’, UN chief says at gates of Gaza

Rafah, Egypt - UN chief Antonio Guterres, on a visit to the doorstep of Gaza, on Saturday said the world has...
  • "I carry the voices of the vast majority of the world who have seen enough," Guterres said, deploring "generations wiped out"
  • Guterres appealed to Israel for "total, unfettered access for humanitarian goods throughout Gaza"
Geostrategy

Gaza health ministry says Israel kills 9 people waiting for aid

Palestinian Territories - The health ministry in Hamas-run Gaza said Israeli fire on Saturday killed nine people and wounded dozens...
  • "At least nine martyrs and dozens injured by Israeli occupation army tank fire and shells," said Gaza's health ministry.
  • Just over a week ago Gaza's health ministry blamed Israeli fire for the death of 20 people seeking aid at the Kuwait roundabout.
Geostrategy

Israeli minister calls UN ‘anti-Israeli’ as Guterres visits Gaza border

JERUSALEM - Israel's foreign minister said on Saturday the United Nations had become an "anti-Israeli body" under Antonio Guterres, after...
  • "Under his (Guterres's) leadership, the UN has become an anti-Semitic and anti-Israeli body that shelters and emboldens terror," Foreign Minister Israel Katz said.
  • Katz's government has accused staff at the UN agency for Palestinian refugees of involvement in Hamas's October 7 attack that triggered the war.