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

Filmmakers try to cash in on India-Pakistan battle

Mumbai, India -- Indian filmmakers are locking up the rights to movie titles that can profit from the patriotism fanned...

Iran urges IAEA to end undeclared nuclear sites issue

The United States remains adamant that Tehran cooperate with the International Atomic Energy Agency to clear up suspicions about earlier...
  • Iran came back last week with a series of proposed changes, to which the United States formally responded on Wednesday, a day after Tehran accused its arch-enemy of stonewalling
  • The 2015 agreement between Iran and six world powers Britain, China, France, Germany, Russia and the United States gave the Islamic republic sanctions relief in exchange for curbs

Syria says two wounded in Israeli air strikes

The Syrian Observatory for Human Rights said the strikes were targeting Iranian-aligned militia, causing "several casualties." Israeli strikes, the Britain-based...
  • Since civil war broke out in Syria in 2011, Israel has carried out hundreds of air strikes against its neighbor
  • The Israeli military has defended them as necessary to prevent Iran from gaining a foothold on its doorstep

France’s Macron announces ‘new page’ in Algeria ties

Macron's office said his visit aims to "lay a foundation to rebuild and develop" a sometimes difficult relationship with the...
  • Macron had landed earlier at Algiers' main airport where he was warmly greeted by Tebboune and a military band that played both national anthems
  • In Algiers, few have much sympathy towards Macron, who during his first election campaign had described French colonialism as a "crime against humanity."

Germany backs Moroccan autonomy plan for W. Sahara

A joint statement issued at the end of a visit to Rabat by Foreign Minister Annalena Baerbock said that "Germany...
  • In 2020, the Donald Trump administration recognised Moroccan sovereignty over the territory in return for improved ties with Israel
  • Morocco had suspended ties with Germany, one of its main trading partners, in March 2021, citing "deep misunderstandings" after Berlin criticised Trump's move

French president looks to ‘future’ on Algeria trip to mend ties

President Emmanuel Macron arrived in Algeria on Thursday for a three-day visit aimed at mending ties with the former French...
  • The first French president to be born after Algerian independence, Macron is hoping "to lay a foundation to rebuild and develop" a sometimes difficult relationship with Algiers.
  • The two heads of state will visit a monument to martyrs of the country's war for independence, which ended more than 130 years of French colonial rule in 1962.

Jordan, GCC countries discuss higher education cooperation

Joint Jordan-Gulf Cooperation Council (GCC) working group on the higher education held talks on cooperation and exchange of expertise at...
  • The meeting decided that the Jordanian side would draft executive programs and memoranda of understanding (MoU).
  • The programs would prioritize areas of academic, student, research collaboration and expertise exchange.

Outgoing UN rights chief urges Putin to stop attack on Ukraine

Bachelet, who steps down at the end of the month, marked the six months since the February 24 Russian invasion...
  • Bachelet urged Moscow and Kyiv to respect international human rights and humanitarian law at all times.
  • "The fighting continues, amid almost unthinkable risks posed to civilians and the environment as hostilities are conducted close to the Zaporizhzhia nuclear power plant," she said.

European gas prices approach record peak on Russian supply fears

Europe's benchmark Dutch TTF gas contract advanced to 318 euros per megawatt hour before paring gains. That was not far...
  • Prices have spiked in recent days as a three-day halt in Russian deliveries to Germany via the Nord Stream 1 pipeline approaches.
  • One-year forward contracts for electricity prices in both France and Germany surged on Thursday to record pinnacles on worries over a winter energy crunch.

Over 2,000 Tunisian minors reach Italy in 2022: rights group

The Tunisian Forum for Economic and Social Rights (FTDES) said the minors were among a total of 10,139 Tunisian migrants...
  • Deprivation driven by a deep socioeconomic crisis make the dangers of the sea a secondary factor for those migrants who dream of a better life for themselves
  • More than 650 would-be migrants, including hundreds of Tunisians, were intercepted in just one weekend earlier this month, according to the interior ministry

Jordan’s power supply to West Bank doubles after Jordan Valley plant’s upgrade

Jordan's Prime Minister emphasized that the project reflects Jordanian commitment to assist in laying the foundation for an independent Palestinian...
  • Jordan's Prime Minister emphasized that the project reflects Jordanian commitment to assist in laying the foundation for an independent Palestinian state
  • He added that Jordan is doing everything possible to safeguard the historical and legal status of Al-Aqsa Mosque and Al-Haram Al-Sharif

Netanyahu seeks Red Cross help after hostage videos, Hamas says no special food privileges for captives

In response, Hamas's armed wing said it would allow the agency access to the hostages but only if "humanitarian corridors"...

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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...

Turkish president Erdogan declares Ankara ‘backs’ Hamas

Ankara, Turkey - Turkish President Recep Tayyip Erdogan said on Saturday Ankara "firmly backs" Palestinian group Hamas. "No-one can make us...

Red Cross head says Gaza war ‘ruptured’ shared humanity

Geneva, Switzerland - The war in Gaza has "ruptured any sense of a shared humanity," the head of the International Committee...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Iran hits out at UN experts report on 2022 protests

TEHRAN, IRAN – Tehran on Saturday strongly condemned a UN report on the Islamic republic's response to mass protests in 2022,...
  • International experts said the repression of mostly peaceful protests beginning in September 2022 have led to "crimes against humanity".
  • The UN Human Rights Council mandated the experts' investigation following massive protests after the death in police custody of Mahsa Amini.

US-led coalition shoots down 15 Yemen rebel drones: CENTCOM

CENTCOM and coalition forces determined that the drones "presented an imminent threat to merchant vessels, US Navy and coalition ships...
  • US Central Command, or CENTCOM, said the "large-scale" Houthi attack occurred before dawn into the Red Sea and adjacent Gulf of Aden
  • On January 9, US and British forces shot down 18 drones and three missiles fired by the rebels toward ships in the Red Sea, the US military said at the time

Erdogan says March local elections will be his ‘last’

It was the first time that Erdogan, who has been in power since 2003, has spoken about leaving office. The...
  • The 70-year-old leader expressed confidence that his conservative Justice and Development (AKP) party would nonetheless remain in power even after he has left office
  • Erdogan said that the results of the March 31 local elections would be "a blessing for the brothers who come after me and there will be a transfer of confidence"