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 announces defence system against chemical, biological threats

The Iranian defense ministry has "provided 51 cities in the country with the necessary installations and equipment for passive defense,...
  • The announcement comes as Iran is engaged in negotiations to revive its 2015 nuclear deal with world powers that granted the Islamic republic much-needed sanctions relief.
  • On August 28, Israeli PM Yair Lapid said instructions had been given to the army and the Mossad spy agency to "prepare for any scenario" in the event that the deal is passed.

Blinken welcomes appointment of new UN envoy to Libya

US Secretary of State Antony Blinken has welcomed the appointment by UN Secretary-General Antonio Guterres of Abdoulaye Bathily as Special...
  • Blinken took to Twiiter to say that US supported efforts to mediate an agreement in order to establish a constitutional framework and timeline for elections in Libya
  • The Security Council on Friday approved former Senegalese minister and U.N. diplomat Abdoulaye Bathily as the new U.N. envoy to Libya, ending a nine-month vacancy

UN envoy Staffan de Mistura meets with Polisario Front in Algeria

The Algerian-backed Polisario Front wants an independent state in the Western Sahara, a vast stretch of mineral-rich desert which Morocco...
  • According to the state news agency, Italian-Swedish diplomat also met a group of Sahrawi youth and women
  • Under a 1991 ceasefire, the UN, which considers the Western Sahara "a non-self-governing territory", deployed a peacekeeping mission

Lebanon arrests five agents suspected of killing Syrian detainee

Shocked at the death of a Syrian detainee in custody of security officials, Lebanon has arrested five State Security agents...
  • The State Security agents arrested Bashar Abdel Saud on August 31 and took him to an agency facility in Bint Jbeil in southern Lebanon for questioning with other detainees
  • According to a source the agents wanted to extract a confession from the deceased suspect that he was a member of the Islamic State though he continued to deny the allegation

‘Well prepared to tackle Russia’s gas embargo’

EU Economy Commissioner Paolo Gentiloni said Saturday that the European Union was "well prepared" in the event of a total...
  • "We are well prepared to resist Russia's extreme use of the gas weapon," EU Economy Commissioner Paolo Gentiloni said.
  • Russian gas giant Gazprom said Friday that the Nord Stream pipeline would be "completely" stopped until turbine is repaired.

Clean energy is key for Indonesian economy, says IEA

Indonesia has a viable path to reaching its target of net zero emissions by 2060, bringing major benefits to its...
  • Key policy reforms and international support will be crucial to the success of the clean energy transition in the world’s fourth most populous country.
  • The clean energy transition offers huge opportunities for the next chapter of Indonesia’s development as it seeks to become an advanced economy by 2045.

‘Turkey can mediate Ukraine nuclear plant standoff’

Turkey can mediate in a standoff over Ukraine's Zaporizhzhia nuclear power station, occupied by Moscow's troops, President Recep Tayyip Erdogan...
  • Erdogan had warned of the danger of a nuclear disaster when he visited Lviv last month for talks with his Ukrainian counterpart Volodymyr Zelensky.
  • There has been growing alarm over the safety of Europe's largest nuclear plant, Zaporizhzhia

UAE keen to work with global partners to address energy issues

A senior UAE official at the Ministry of Energy and Infrastructure said that his country is committed to collaborating with...
  • The UAE is at the forefront in efforts of energy diversification and adoption of sustainability-driven technology to achieve climate neutrality.
  • During the G20 Energy Transitions Ministerial Meeting, G20 Energy Ministers and major international energy organizations discussed key issues facing the sector.

Qatar to chair annual conference of AASGP in Cairo

Qatar will chair the 9th Annual Conference of the Arab Association of Secretaries General of Parliaments (AASGP), to be held...
  • The conference will discuss several topics related to the role of the General Secretariat in supporting the legislative process, and ways to develop its work mechanisms
  • It is scheduled to feature the 40th General Assembly meeting, and a workshop on the functions of the Secretary-General in the Arab countries

US approves $1.1 billion in arms for Taiwan, angering China

The sale comes a month after House Speaker Nancy Pelosi defiantly visited the self-governing democracy, prompting mainland China to launch...
  • The deal also includes $85.6 million for more than 100 Sidewinder missiles, a mainstay of Western militaries for their air-to-air firepower
  • Taiwanese Presidential Office spokesman Chang Tun-han in a statement thanked the United States for its continued support for the island's security and defense

UN experts call for Israel-backed Gaza Humanitarian Foundation to be dismantled

"The GHF ... is an utterly disturbing example of how humanitarian relief can be exploited for covert military and geopolitical...

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Gaza war rages on as Islamic holy month of Ramadan begins

As the Muslim world welcomed Ramadan with the customary daytime fast, many Gazans awoke to bombardment that saw residents once...

Trump said he won’t ‘give a penny’ to Ukraine, claims Hungary Prime Minister

BUDAPEST, HUNGARY – Hungary's Prime Minister Viktor Orban has asserted that former US president Donald Trump told him during a meeting...

Four space station crew members leave for Earth

WASHINGTON, US – Four astronauts left the International Space Station on Monday and were bound for Earth following a more than...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Jafza reports 28% year-on-year growth in 2023 of new Indian companies

DUBAI, UAE – Jebel Ali Free Zone (Jafza) is a major contributor to the growing trade between India and the...
  • Over 190 new Indian businesses and a total of more than 1,500 Indian companies have set up business in Jafza.
  • This move aims to assist Indian businesses in accessing markets across the Middle East, Africa, and Europe.

UN head urges ‘silencing the guns’ in Gaza ahead of Ramadan

"We have witnessed month after month of civilian killing and destruction at a level that is unprecedented in all my...
  • Guterres said that Ramadan celebrates "peace, reconciliation and solidarity. Yet even though Ramadan has begun – the killing, bombing and bloodshed continue in Gaza".
  • The United Nations says that lack of humanitarian aid means famine is a growing risk in Gaza, where 2.4 million people are under near-total siege by the Israeli military.

Military planes from 5 countries drop aid over Gaza

The UN says that the vast majority of Gaza's 2.4 million people are on the brink of famine, particularly in...
  • Jordan said that US, French, Belgian and Egyptian planes also participated in the operation
  • Jordan has conducted 37 unilateral airdrop operations, dropping aid