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

Lebanon to probe audio recording threatening Saudi embassy

Lebanon will start an investigation into an audio recording that threatened to attack the embassy of Saudi Arabia in Beirut....
  • Beirut's relationship with Riyadh, a major investor once in Lebanon, has suffered in past years as Hezbollah's influence has grown
  • The latest incident comes months after Riyadh announced the return of its ambassador to Beirut, following a diplomatic crisis last year between Lebanon and Gulf Arab states

Abu Dhabi trainee doctors to benefit from Canada healthcare programs

Abu Dhabi's trainee doctor specialists, as part of Emirates academic healthcare training institutions, will now have access to Canada’s accredited...
  • Per an MoU, both entities will exchange knowledge and best practices in the field of healthcare, especially in postgraduate medical education.
  • Both entities will facilitate conversations and exchange experiences that support setting standards for postgraduate medical education and family medicine.

Israel appeals West to halt talks seeking revival of Iran nuclear deal

Israeli Prime Minister Yair Lapid on Wednesday urged Western powers to halt talks aimed at reviving a nuclear deal that...
  • The 2015 nuclear deal, designed to prevent Iran from developing a nuclear weapon, has been on life-support since the unilateral withdrawal of US in 2018.
  • Despite apparent shift in Iran's position, Israel remains staunchly opposed to a deal which would see the lifting on economic sanctions imposed on Iran.

IAEA, Moscow discuss Russia-controlled Ukraine nuclear plant visit

Head of the UN agency Rafael Grossi and Rosatom chief Alexei Likhachev met in Istanbul on Wednesday, the Russian nuclear...
  • Recent shelling and fighting around the giant facility -- the largest in Europe -- has raised concerns of a nuclear incident comparable to Chernobyl.
  • Last week, presidents Vladimir Putin and Emmanuel Macron called for a rapid independent inspection at the atomic plant that was seized by Russia.

US treasury warns of sanctions against Turkey for trading with Russia

Washington is growing increasingly alarmed that the Russian government and businesses are using Turkey to evade Western financial and trading...
  • Turkish President Erdogan and Russian counterpart Vladimir Putin agreed to step up economic cooperation at the Sochi summit.
  • The economic cooperation agreement includes a deal for more Turkish banks to start processing Russia's Mir payments system.

French energy giant TotalEnergies accused of fuelling Russian bombers

French daily Le Monde said it was able to track the supply chain from the Termokarstovoye gas field in Siberia,...
  • TotalEnergies -- formerly Total -- owns 49 percent of Terneftegaz, the company that extracts gas from the Termokarstovoye field, according to its 2021 annual report.
  • Beginning days before the war started in late February and through July, 42,700 tonnes of fuel were sent to the airbases at Morozovsk and Malshevo.

US President orders air strikes against ‘Iran-backed militias’ in Syria

The air strikes ordered by US President Joe Biden hit nine bunkers in a complex, in eastern Syria, used for...
  • The US military had originally intended to hit 11 of 13 bunkers in the complex but called off strikes on two after groups of people were seen near them
  • The Britain-based Syrian Observatory for Human Rights on Wednesday said the strikes killed six fighters that were guarding the targeted facilities

Macron warns ‘sacrifices’ ahead after ‘end of abundance’

After a summer marked by drought, massive wildfires and continuing loss of life in Ukraine, the 44-year-old leader delivered a...
  • The speech appeared designed to prepare the country for what promises to be a difficult winter ahead, with energy prices rising sharply and many families struggling with inflation
  • The severe drought over the summer, leading to water restrictions across most of the country, has also caused many French people to express fears about the climate change

Iran begins military drone drills to show ‘power’

Iranian army displayed its first division of ships and submarines capable of carrying armed drones in July when US President...
  • The drills, according to Iran, will take place from the Gulf and the Sea of Oman in the south, to the eastern, western, northern and central parts of the country
  • The US and Israel have previously accused Tehran of using drones and missiles to attack US forces and Israel-linked ships in the Gulf

US says Iran eased demands for nuclear deal

The United States is expected shortly to respond to Iran through European Union mediators, after a year and a half...
  • Biden has supported returning to the accord trashed by former president Donald Trump and Iran has pressed hard in negotiations in Vienna
  • The senior US official said Iran would again face "the most comprehensive inspections regime ever negotiated

Iran sets up new defence council after war with Israel, to be chaired by president

The new body - which will be chaired by the president and include top military commanders among other senior officials...

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Drone strike blamed on Turkey kills three in Iraq

Arbil, Iraq - A drone strike in northern Iraq killed a Kurdistan Workers' Party (PKK) commander, Kurdish authorities said, raising the...

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,...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Asif Ali Zardari: ‘Artful dodger’ returns as Pakistan president

He has spent more than 11 years in jail, a long time even by the standards of Pakistani politicians, with...
  • Initially a background character as Bhutto's consort, Zardari was stained by a bevy of corruption and other allegations
  • Between 2008 and 2013, he ushered in constitutional reforms rolling back presidential powers, and the 68-year-old's second term will see him steer a largely ceremonial office.

Canada to resume funding UN agency for Palestinians

Canada has reviewed the investigation's interim report and "we were reassured by the contents," Minister of International Development said. He...
  • UNRWA has been at the center of controversy since Israel accused 12 of its employees in January of involvement in the October 7 attack
  • About 15 countries, including the United States, Britain, Germany and Japan, suspended funding to UNRWA at the end of January

Italy begins probe into OpenAI’s new video tool Sora

ROME, ITALY – The European country's data protection watchdog - Italian Data Protection Authority - said on Friday it has launched...
  • The Italian Data Protection Authority said it was concerned over “the possible implications for the processing of personal data of users.”
  • The watchdog said OpenAI -- which also makes chatbot ChatGPT and the image-generating DALL-E -- has 20 days to provide information.