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

Rights group slams Morocco, Spain over migrant deaths

Moroccan authorities have said 23 migrants died when some 2,000 people, many from Sudan, stormed the frontier.
  • Moroccan authorities have said 23 migrants died when some 2,000 people, many from Sudan, stormed the frontier
  • Spanish premier Pedro Sanchez initially blamed "human trafficking mafias" for what he said was "a well-organized violent assault" on the frontier

US seeks billions in Africa investment: aid agency chief

Washington wants to foster billions of dollars of investment in Africa, the head of its delegation to a US-Africa business...
  • Albright was speaking at the US-Africa Business Summit in Marrakesh, an annual conference organized by private organization Corporate Council on Africa
  • The meeting will bring together African political and business leaders as well as decision-makers and investors from the US private sector

Iraq PM blames Turkey after Kurdistan shelling kills 9 civilians

Nine civilians including children were killed in a park in Iraq's autonomous Kurdistan region Wednesday by artillery fire that Baghdad...
  • Iraq said it was recalling its charge d'affaires from Ankara and summoning Turkey's ambassador
  • Turkey's foreign ministry said these "kinds of attacks" were committed by "terrorist organisations."

France and UAE explore ways to enhance cultural cooperation

Noura bint Mohammed Al Kaabi, UAE’s Minister of Culture and Youth, discussed cultural cooperation with Rima Abdul Malak, Minister of...
  • They also tackled the future of cultural ties and the significance of creative and cultural cooperation.
  • The two sides reviewed various areas of cooperation, especially the cultural and innovative industries.

Iran says its nuclear policy unchanged after bomb remark

The remarks came amid heightened tensions between Iran and Western powers as talks in Vienna to revive a 2015 nuclear...
  • It is the second time in the past 18 months that Iran has reiterated its opposition to nuclear weapons.
  • Iran's supreme leader has issued a 'fatwa'/religious edict which forbids manufacture of atomic weapons.

Syria cuts off ties with Ukraine, clings to its ally Russia

Syria announced Wednesday that it was severing ties with Ukraine in support of its close ally Russia, saying the move...
  • Ukrainian President Volodymyr Zelensky already announced he was severing ties with Syria late last month after Syria recognized the Russian-backed breakaway republics
  • The breakaway states of Donetsk and Lugansk, whose independence Moscow recognized in February, are situated in the Donbas region at the center of Russia's invasion of Ukraine

Iran film-maker Panahi must serve six-year sentence: judiciary

Award-winning dissident Iranian film-maker Jafar Panahi, arrested last week in Tehran, must serve a six-year sentence previously handed to him...
  • He was arrested in 2010, following his support for anti-government demonstrations
  • France and US has called for Panahi's "immediate" release, decrying his "arbitrary arrest"

Rival military figures of Libya meet to discuss unified command

Senior military figures from Libya's rival eastern and western power bases have held an unprecedented meeting in the capital Tripoli,...
  • Two rival governments are currently vying for power, one based in Tripoli, the other in the central city of Sirte
  • The sides also agreed Tuesday to carry out border patrols, including in the south, in order to stem the flow of migrants and root out smuggling and trafficking networks

Morocco, Israel strengthen military links as army chief visits kingdom

Israeli army chief Aviv Kohavi, who arrived Monday, met with the Inspector General of the Royal Armed Forces Belkhir El...
  • Israeli army chief Aviv Kohavi, who arrived Monday, met with the Inspector General of the Royal Armed Forces Belkhir El Farouk, an Israeli army statement said
  • He also met with Morocco's minister delegate in charge of defence administration, Abdellatif Loudiyi, and intelligence chief Brahim Hassani, it added

Putin says West must remove restrictions on Russian grain exports

Russian President Vladimir Putin on Tuesday said that the West must remove restrictions on exports of Russian grain. "We will...
  • Russia's military intervention in Ukraine has hampered shipments from one of the world's biggest exporters of wheat and other grain, sparking fears of global food shortages
  • Cereal prices in Africa, the world's poorest continent, have surged because of the slump in exports from Ukraine, sharpening the impact of conflict and climate change

Trump warns of ‘real starvation’ in Gaza as aid deliveries pick up after Israeli “tactical pause”

Speaking in Scotland after meeting Britain's leader, Trump contradicted Israeli Prime Minister Benjamin Netanyahu, who had earlier dismissed fears of...

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US implores Israel to let worshipers pray at Al-Aqsa in Ramadan

United States has been pressing for a deal before Ramadan begins in which Israel would halt strikes in Gaza and...

Israeli fighter jets bomb south Lebanon, killing two

Lebanon's Hizbollah, a Hamas ally, has exchanged near-daily fire with the Israeli army since war erupted between Israel and the...

Gaza health ministry says war deaths exceed 30,000 as famine looms

The latest overall toll for Palestinians killed in the war came after at least 79 people died overnight across the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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India, US at loggerheads over WTO reform at Abu Dhabi talks

Abu Dhabi, United Arab Emirates -- A US-led push to reform the World Trade Organization's embattled dispute settlement system sparked divisions...
  • Washington's push for reform has angered India, which accused the US on Wednesday of bringing the WTO to a "standstill".
  • India threatened to hold off on any new deals before progress is made on the appellate body, which could imperil agreements on fisheries subsidies and agriculture.

Israel minister says Arab trade ties unfazed by Gaza war

In January, Israel's cabinet approved an additional 55 billion shekels ($15 billion) to meet the cost of the war, while...
  • When asked about Israel's economic losses due to the war, Barkat said it could add "anywhere between 150 to 200 billion shekels ($42-55 billion)" to the country's national debt
  • Barkat said Gaza war could help Israel boost sales of military technology, noting there is "high interest" from many countries, without specifying if Arab states were among them

US, Qatar hope for Israel-Palestine truce within days

Netanyahu has faced increasing public pressure over the fate of the remaining hostages. Itamar Ben Gvir, Israel's far-right national security...
  • A Hamas source, speaking on condition of anonymity, said the proposed 42-day truce could potentially be "renewed" and would see one Israeli hostage released every day
  • Instead of a complete withdrawal of Israeli forces from Gaza - a demand rejected by Netanyahu - the source said the military may leave "cities and populated areas"