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

UAE’s Ministry of Energy and Infrastructure wins DACA Awards

The UAE Ministry of Energy and Infrastructure received the 'Sustainability Leader in Shipping' award and a 'Decarbonization Champion in Power...
  • The UAE Ministry of Energy and Infrastructure was received the Sustainability Leader in Shipping award
  • The ministry also got a Decarbonization Champion in Power Sector award during the Decarbonization and Climate Action Awards

Arab, Israeli countries deepen cooperation ahead of Biden visit

The United States, Israel and four Arab countries agreed to closer cooperation and annual foreign ministers' meetings on Monday, two...
  • Bahrain, host of the six-way talks, the United Arab Emirates and Morocco all opened ties with Israel under the US-brokered Abraham Accords in 2020.
  • Monday's meeting follows a foreign ministers' summit in the Negev desert in March, and comes ahead of Biden's visit to Israel.

Israel to pay housing allowance to South Lebanon Army veterans

Israel on Sunday approved housing allowances for South Lebanon Army (SLA) veterans residing in the Jewish state, providing "historic justice"...
  • Israeli army said the decision of housing allowances for South Lebanon Army had been four years in the making
  • Many SLA veterans say they feel Israeli authorities have abandoned them in their adopted home, often working in low-paying jobs and unable to return to Lebanon

AU urges probe into deaths of Africans at Spain-Morocco border

The African Union Commission chief has voiced his shock at the "violent and degrading" treatment of African migrants trying to...
  • At least 23 migrants died and 140 police officers were wounded in the ensuing violence
  • It was the heaviest toll in years of such attempts to cross the frontier at Melilla

UN meet aims to restore faltering health of global oceans

A long-delayed UN conference on how to restore the faltering health of global oceans kicks off in Lisbon Monday, with...
  • The conference will see a push for a moratorium on deep-sea mining of rare metals needed for a boom electric vehicle battery construction
  • Microplastics found inside Arctic ice and fish in the ocean's deepest trenches are estimated to kill more than a million seabirds

Jordan king to Abbas: Nothing more important than Palestinian cause

King Abdullah said the only way to end the Palestinian-Israeli conflict is through the two-state solution, which guarantees the establishment...
  • King Abdullah said the only way to end the Palestinian-Israeli conflict is through the two-state solution, which guarantees the establishment of an independent Palestinian state
  • He revealed Jordan is in constant touch with the US, and is working to have the Palestinian cause at the top of President Biden’s agenda during his upcoming visit to the region

Iraq PM visits Saudi Arabia and Iran to broker peace

Iraq's prime minister met with leaders in rivals Saudi Arabia and Iran on Sunday, discussing regional stability as part of...
  • Mustafa al-Kadhemi visited Iranian President Ebrahim Raisi in Tehran, after earlier meeting with Saudi Arabia's Crown Prince Mohammed bin Salman in the Saudi city of Jeddah
  • Iran and Saudi Arabia support rival sides in several conflict zones around the region

Iran carries out second test launch of satellite carrier

Iran's defense ministry said Sunday it has carried out a second test launch of a satellite carrier, ahead of the...
  • The Zoljanah can put satellites in a "500-kilometre (310-mile) altitude orbit and carry a 220-kilogramme (1,100-pound)" payload
  • Iran insists its space program is for civilian and defense purposes only, and does not breach the 2015 nuclear deal between Iran and world powers

Ukraine war could boost illegal drug production: UN

The war in Ukraine could allow illegal drug production to flourish, while the opium market's future hinges on the fate...
  • The UNODC said the number of dismantled amphetamine laboratories in Ukraine rose from 17 in 2019 to 79 in 2020
  • An estimated 284 million people used a drug in 2021, or one in every 18 people worldwide aged between 15 and 64, the report found

Bennett at final cabinet meet: Israel will head toward polls

Once parliament dissolves, Israel's caretaker government will be headed by Foreign Minister Yair Lapid, in accordance with a power-sharing deal...
  • Naftali Bennett, the current Israeli PM took charge of an ideologically-divided eight-party alliance in June 2021.
  • Israel will hold its fifth general elections in less than four years after Bennett had called off the coalition last week.

Syrian, Israeli ministers meet US envoy in Paris: senior diplomat

The US special envoy for Syria said he held talks with Syrian and Israeli officials in Paris on Thursday on...

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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...

Israeli strike on MSF shelter in Gaza kills two

According to MSF, the attack killed the daughter-in-law and wife of one of their colleagues, and wounded six people, including...

Israeli air attack kills two in Damascus, says state media

An Israeli strike on a residential area of Damascus killed at least two people, Syrian state media reported, the latest...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

As truce talks resume in Cairo, people in Gaza suffer from hunger

Heavy fighting rocked besieged Gaza as aid agencies warned of looming famine and new talks were held in Cairo towards...
  • Combat and chaos again stalled the sporadic aid deliveries for desperate civilians in Gaza.
  • The UN World Food Program said it was forced to halt aid deliveries in north Gaza because of "complete chaos and violence".

US urges UN court not to order Israel out of Palestinian lands

The International Court of Justice is holding a week of hearings after a request from the UN, with an unprecedented...
  • "The court should not find that Israel is legally obligated to immediately and unconditionally withdraw from occupied territory," said Richard Visek, US State Department advisor.
  • "Any movement towards Israel withdrawal from the West Bank and Gaza requires consideration of Israel's very real security needs," he argued

Europe’s gas demand at 10-year low, to peak in 2025: report

The invasion of Ukraine by Russia triggered a massive shift by European nations away from Russian natural gas delivered by...
  • IEEFA said that European gas demand has declined by 20% since the start of the Russian invasion
  • IEEFA noted that rush to build LNG terminals was continuing despite imports holding steady