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

Rise and fall of luxury-loving former Malaysia first lady

Rosmah Mansor, who was sentenced to 10 years in prison and given a US$216 million fine for graft, has been...
  • Born on December 10, 1951, Rosmah was the only child of a Malay school headmaster and his teacher wife in southern Negeri Sembilan state.
  • Rosmah has reportedly accumulated an enormous collection of luxury handbags, and is said to shop at Harrods in London, Chanel in Hawaii, Saks Fifth Avenue in New York.

Small plane crashes near UAE Grand Mosque, pilot hurt

The Cessna single-engine plane was approaching an exclusive airport for private jets in the UAE capital's center when it came...
  • The General Civil Aviation Authority said the pilot was injured and was taken to a hospital for treatment
  • Abu Dhabi was on high alert in January after a series of missile and drone attacks by rebels in Yemen

West Bank doctors struggle to treat people as violence escalates

The spike in violence is tied to raids launched across the West Bank in recent months by Israeli forces, many...
  • On a single day in August, medics from the Palestinian Red Crescent Society (PRCS) treated 69 patients with gunshot wounds in Nablus after an army raid.
  • Rik Peeperkorn, WHO's representative in the Palestinian territories, said sudden emergencies put "immense strain on the already fragile health system".

Amnesty says Iran, Turkey ‘forcibly’ pushing out Afghan migrants

The NGO cited numerous cases of "unlawful killings, pushbacks by shooting and other unlawful returns, arbitrary detention, and torture and...
  • Amnesty documented killings of 11 Afghans by Iranian security forces and three Afghans by Turkish forces over the past year
  • The human rights group called on the international community to provide aid to countries supporting Afghan refugees

Pentagon says Iran seized, and later released, US navy vessel

The US Central Command's 5th Fleet said a support ship from Iran's Islamic Revolutionary Guard Corps Navy, the Shahid Baziar,...
  • The 5th Fleet said the US naval drone, equipped with an array of sensors, radars and cameras, was in international waters collecting navigation and other unspecified data
  • It stressed the vessel was US government property but that the technology it carries is "available commercially" and "does not store sensitive or classified information"

UN warns of outbreak of new bout of violence in Libya

United Nations has warned of the outbreak of new phase of violence in Libya as the country faces delays in...
  • Several members of the Security Council have called for the quick nomination of a new head of the UN's mission in Libya
  • According to several diplomatic sources, the Security Council has agreed to appoint Senegalese Abdoulaye Bitali, though the Libyan government has indicated reservations

Iraq president feels early elections can end crisis

Less than a year after the last polls, Iraq President Barham Saleh has encouraged early elections to settle a political...
  • Sadr and his supporters have spearheaded calls for the dissolution of parliament and new legislative elections following months of political paralysis
  • Under the constitution, parliament can only be dissolved by an absolute majority vote in the house, following a request by one-third of deputies or by the prime minister

Moscow warns EU against restricting Russian tourists

The Kremlin on Tuesday warned it would respond if the European Union makes it harder for Russians to travel to...
  • The idea to ban Russian tourists from Europe has divided EU nations, with some in full support and some against it.
  • The European Union had already suspended visa facilitation for Russian official delegations and business leaders.

UAE offers low-risk business climate

Unstable political conditions in several Arab countries make them high- or extreme-risk places for businesses.
  • Country risk assessment is the process of determining a nation's ability to transfer payments.
  • It takes into account political, economic and social factors. It is used to help organizations make strategic decisions when conducting business in a country with excessive risk. 

What can Europe do to fight soaring power bills?

European leaders want to break the link between soaring gas prices and electricity bills, a wholesale reform of the EU...
  • Electric power can't be stockpiled, unlike natural gas, so production and use must constantly be balanced.
  • In the EU, electricity pricing is determined by the cost of the last energy source employed to respond to demand - often a gas-fired power plant

UN starts new bid to forge plastics treaty amid ‘global crisis’

Geneva, Switzerland -- Nations must resolve the global plastics crisis, the head of UN talks told negotiators from 180 countries...

Company News

Latest News

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...

Hamas still open to Gaza truce talks, says Ismail Haniyeh

Hamas chief said in a televised speech that Israel was unwilling to meet Hamas's conditions for a deal that would...

Putin set for election coronation in vote with no opposition

Ballots will also be cast in the four Ukrainian regions Moscow claimed to have annexed in 2022, as well as...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Saudi king calls for end to ‘heinous crimes’ in Gaza

In his Ramadan message, King Salman while giving thanks for the blessings bestowed upon the kingdom said the war in...
  • He exhorted the international community to put an end to 'these heinous crimes'
  • Gaza is in the midst of a spiralling humanitarian crisis after months of Israeli war

Iran agricultural, food exports hit US$5.5bn in 11 months

TEHRAN, IRAN – The Ministry of Industry, Mine, and Trade said that Iran exported fisheries, livestock, agricultural and food products...
  • Iraq was the biggest importer of Iranian agricultural and food products worth US$1.7 billion.
  • The UAE was the second largest importer of Iranian agricultural and food products worth $675 million

GASTAT adopts chain-linking method to calculate Saudi Arabia’s real GDP

RIYADH, SAUDI ARABIA – The General Authority for Statistics (GASTAT) said in a press release it issued on Sunday that...
  • The fourth quarter 2023 results and the annual results for the same year have been reached at by using the new methodology.
  • Saudi Arabia is the first country in the Gulf and Arab regions, and among the first G20 countries, to implement the chain-linking methodology.