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

Tunisia’s Jaouadi pushes through pain for second world gold

Singapore, Singapore -- Tunisia's Ahmed Jaouadi added the 1,500m freestyle world title to his 800m crown on Sunday for a...

Turkey denounces Macron’s remarks as ‘unacceptable’

Turkish foreign ministry denounced the comments as "unacceptable." The ministry said that French President has "difficulties in confronting his colonial...
  • Macron appeared to warn young Algerians and Africans against manipulation by "networks" influenced by Turkey that present France as an "enemy".
  • In reply, Turkish foreign ministry spokesman Tanju Bilgic slammed what he described as the French leader Macron's "extremely unfortunate" comments.

Libya violence leaves 23 dead, fueling fears of new war

The two rival administrations competing for control of Libya have exchanged blame for the flare-up in violence killing 23 people...
  • Clashes between backers of rival governments didn't spare hospitals, hitting six of them as ambulances struggled to reach areas affected by the violence
  • Richard Norland, the US ambassador to Libya, said in a statement that Washington "condemns" the surge in violence, urging an "immediate ceasefire"

Macron winds up Algeria visit with ‘irreversible dynamic’ of progress

French President Emmanuel Macron and his Algerian counterpart Abdelmadjid Tebboune Saturday declared a "new, irreversible dynamic of progress" in their...
  • The three-day visit comes less than two months after Algeria marked six decades of independence following 132 years of French rule
  • It comes as European powers scramble to replace Russian energy imports - including with supplies from Algeria, Africa's top gas exporter

Putin allows Ukrainians to live, work in Russia ‘indefinitely’

The new measure allow Ukrainian citizens and people from Ukraine's separatist eastern regions that Russia recognizes as independent to work...
  • Up until now, Ukrainians could only stay in Russia for a maximum of 90 days within a 180-day period
  • 3.6 million Ukrainians, including 587,000 children, had entered Russia since the start of the offensive.

Japan vows billions at Africa investment conference

Japanese Prime Minister Fumio Kishida Saturday pledged $30 billion over three years for Africa in a virtual address to a...
  • Japanese Prime Minister Fumio Kishida Saturday pledged $30 billion over three years for Africa in a virtual address to a development conference in Tunis.
  • Host country Tunisia is among the countries bearing the brunt of global supply chain disruptions and price spikes since it is heavily import dependent.

Tunisia recalls Morocco envoy in W. Sahara row

Tunisia said Saturday it would recall its ambassador from Morocco for consultations, a day after the kingdom did the same...
  • Tunisian President Kais Saied had on Friday hosted Polisario chief Brahim Ghali who arrived to attend the Japanese-African investment conference TICAD.
  • In response to what it called a hostile and "unnecessarily provocative" act, Morocco withdrew its Tunis ambassador for consultations and cancelled its own participation.

Risk of radioactive leak at Ukraine nuclear plant, says operator

There is a risk of a radioactive leak at Ukraine's Zaporizhzhia nuclear power plant, occupied by Russian troops, the state...
  • The Zaporozhye facility was seized by Russian troops in the opening weeks of the February invasion and has remained on the front line ever since.
  • The operator said that as of midday Saturday (0900 GMT) the plant "operates with the risk of violating radiation and fire safety standards".

UN session on high seas biodiversity ends without pact

United Nations member states ended two weeks of negotiations without a treaty to protect biodiversity in the high seas, an...
  • Many had hoped the session would be the last and yield a final text on "the conservation and sustainable use of marine biodiversity beyond national jurisdiction.
  • It will now be up to the UN General Assembly to resume the fifth session at a date still to be determined.

UAE, US discuss enhancing military, defence ties

Rear Admiral Pilot Sheikh Saeed bin Hamdan bin Mohammed Al Nahyan, explored means of fostering relations in all fields with...
  • Rear Admiral Pilot Sheikh Saeed bin Hamdan bin Mohammed Al Nahyan, explored means of fostering relations in all fields with Vice Admiral Brad Cooper
  • During the meeting, Rear Admiral Pilot Sheikh Saeed discussed the keenness to enhance ties with the US official across various domains

Pakistan Prime Minister Shehbaz to visit UAE next month

This would be Shehbaz Sharif’s second visit to the UAE, but the first official visit since he assumed office.
  • This would be Shehbaz Sharif’s second visit to the UAE, but the first official visit since he assumed office
  • The visit will likely take place in the first week of September and the prime minister would head a high-level delegation

Iran says US accountability for attacks on nuclear sites part of any future talks

Iran said Monday it would hold the United States accountable for attacks on its nuclear sites in any future negotiations,...

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Israel slams Canada, Sweden for resumption of UNRWA funding

Canada and Sweden announced over the weekend they were resuming funding for the cash-strapped UN agency, weeks after having suspended...

CIA, Mossad chiefs meet to ‘advance’ hostage release deal

Israeli military spokesman Daniel Hagari said Israel was preparing for "all possible operational scenarios" during Ramadan, and that it plans...

Israelis demand Netanyahu ouster and hostage release

With t-shirts and banners featuring the names and pictures of hostages seized during Hamas's October 7 attack, the crowd demanded...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Thousands rally in London seeking a truce in Gaza

London, UK - Thousands of protesters marched in central London on Saturday to call for a ceasefire in Gaza amid ongoing...
  • The march, from Hyde Park Corner to the US Embassy, was the fifth major demonstration of the year so far in the capital.
  • However, marches protesting Israeli assault in Gaza have seen dozens arrested for anti-Semitic chanting and banners.

Aid boat ready to set sail from Cyprus for Gaza

A boat laden with food for Palestinians in war-ravaged Gaza was "ready" to set sail from Cyprus, an NGO said,...
  • The UN has repeatedly warned of looming famine, particularly in the Palestinian territory's north where no overland border crossings are open.
  • With ground access limited, countries have also turned to airdropping aid, although a parachute malfunction turned one delivery on Friday deadly.

High inflation leaves Nigeria struggling ahead of Ramadan

Lagos, Nigeria - The holy fasting month of Ramadan begins early next week in Nigeria, with the worst economic crisis in...
  • With food inflation at around 35 percent, worshipers taking part in Friday prayers at the central mosque in Lagos said they were barely able to provide for their families
  • The government brought in reforms last year that have had a devastating effect on citizens of Africa's biggest economy, where around half the population is Muslim