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

Syria seizes record 2.3 tons of stimulant captagon: Ministry

With a kilo of captagon estimated to amount to around 6,000 pills, the cumulated number of pills seized tops 14...
  • Law enforcement officers had earlier discovered 249 kilos of captagon hidden in steel machinery inside containers ready to leave the Mediterranean port of Latakia.
  • The haul would be the largest recorded this year and bring the total of pills seized in the first half of 2022 to more than 145 million a across the region.

WHO backs Qatar to manage Covid risks well at World Cup

The WHO voiced confidence Tuesday that hosts Qatar would successfully manage the Covid-19 risks at the 2022 football World Cup.
  • Two million tickets will be sold in total, with another one million reserved for sponsors and the sport's global governing body FIFA
  • The Qatari capital Doha, with a population of about 2.4 million, is bracing itself for the huge influx of visitors

UAE presents national report on spent nuclear fuel to IAEA

The United Arab Emirates has presented its Fourth National Report on spent nuclear fuel, radioactive waste management at the International...
  • The national report describes the legislative and regulatory measures taken by the UAE to meet its obligations
  • The report also addresses options in regards to spent fuel and radioactive waste management

Turkey seeks extradition of ‘terror suspects’ from Finland, Sweden

Turkey said Wednesday it would seek the extradition of 33 "terror" suspects from Sweden and Finland under a deal that...
  • Erdogan lifted his opposition to Sweden and Finland joining NATO after crunch talks ahead of Wednesday's NATO summit, in return for written security guarantees
  • Turkey has hailed the agreement, saying Ankara had "got what it wanted"

Israel heads towards snap election, Lapid poised to be PM

Israel's parliament is expected to dissolve Wednesday, ending Prime Minister Naftali Bennett's year-long tenure and triggering a fifth election in...
  • Bennett's motley alliance formed in 2021 offered a reprieve from an unprecedented era of political gridlock, ending Netanyahu's record 12 consecutive years in power
  • Lapid is expected to take office at midnight after parliament gives final approval to a dissolution bill, in accordance with the power-sharing deal he agreed with Bennett last June

Gulf boosts oil production amid global fuel crisis

Saudi oil giant Aramco has built new refineries in Jazan to boost its production capacity to 400,000 barrels a day...
  • Saudi oil giant Aramco has built new refineries in Jazan to boost its production capacity to 400,000 barrels a day
  • Kuwait Oil Corporation is enlarging the capacity of Al-Zour refinery to 615,000 barrels a day, making it the world's largest facility to do so

Oman, Egypt to find ways to establish Joint Investment Fund

In a joint statement, the two countries directed their respective competent authorities to discuss investment opportunities in various fields.
  • In a joint statement, the two countries directed their respective competent authorities to discuss investment opportunities in various fields
  • They also discussed investment opportunities in various fields, especially energy and renewable energy projects, industry, health and pharmaceutical industries

Iraq battles with outbreak of cholera as it causes first death

A cholera outbreak in Iraq claimed its first victim Tuesday, with 17 new cases recorded in the country within 24...
  • Earlier this month, outbreak was first officially reported with Kirkuk accounting for one of the 13 cases confirmed at that time
  • The country's last broad cholera outbreak dates back to 2015, in which the central provinces of Baghdad and Babil was the worst affected

No concessions given to Turkey to support Finland, Sweden: US

The United States said Tuesday that no concessions were given to Turkey to secure its green light for Swedish and...
  • Turkey is an important NATO member in a strategically sensitive location, but it has had often tense relations with its European partners and Washington
  • Biden, soon after Russian invaded Ukraine in February, "reached out" to Finland and Sweden "to begin discussions" about them joining the transatlantic alliance

Hamas publishes video of Israeli detained in Gaza

Gaza's Islamist rulers Hamas on Tuesday published a video of an Israeli Arab detained for seven years in the Palestinian...
  • Human Rights Watch, which has previously condemned his "unlawful detention", says he was seen entering Gaza by surveillance systems in April 2015
  • In the video published by Hamas's armed wing the Al-Qassam Brigades, Sayed is seen lying on a bed and attached to a ventilator

UK starts online checks to stop children accessing harmful content

London, United Kingdom -- New UK age verification measures to prevent children accessing harmful online content came into force on...

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Israel kills two Hizbollah fighters in drone strike

A security source said that an Israeli drone shot two guided missiles at the building in Kfar Rumman, near the...

Houthi missile attack damages British-owned ship off Yemen

Dubai, United Arab Emirates - Yemen's Iran-backed Houthi rebels fired two missiles at a British-owned cargo ship passing through the Gulf...

Islamophobia rises threefold in UK after Israel-Hamas conflict

"We are deeply concerned about the impacts that the Israel and Gaza war are having on hate crimes and on...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Israel parliament rejects unilateral recognition of Palestinian state

On Wednesday, Israel's parliament backed Netanyahu's proposal of opposing any unilateral recognition of a Palestinian state, with 99 out of...
  • The vote came days after media reported that US and a small group of Arab nations were working out a comprehensive plan for long-term peace between Israel and the Palestinians
  • Media reported that the plan would begin with a ceasefire expected to last at least six weeks, with officials hoping that an agreement could be reached before the start of Ramadan

Saudi foreign minister seeks G20 action on Gaza

Rio de Janeiro, Brazil - Saudi Foreign Minister Prince Faisal bin Farhan called on G20 nations to apply pressure for...
  • Prince Faisal voiced these sentiments during the inaugural session of the G20 Foreign Ministers' Meeting in Rio de Janeiro, Brazil
  • The Saudi minister underlined the imperative for international institutions to uphold their commitments globally and adopt clearer stances

New Palestinian leaders needed after Gaza war: opposition figure

Talks are aiming to secure a ceasefire of about six weeks starting between now and Ramadan, which is expected to...
  • Kidwa, nephew of late Palestinian leader Yasser Arafat, said talks are seeking not just a pause in fighting but also addressing day-after scenarios
  • Behind the scenes they are touching on wider post-war issues such as security, leadership reform, the creation of an independent Palestinian state, he said