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

Kuwait keen on supporting IFAD for progress, says official

Kuwait is keen on supporting efforts by the International Fund for Agriculture Development to feed the poor and aid progress...
  • Kuwait and Saudi Arabia had helped established IFAD in 1977
  • IFAD's aim is to help impoverished and hunger-stricken regions in the world

Syria says major damage, runways unusable after Israel hits airport

Syria has confirmed major damage including to runways at Damascus International Airport, which was closed for a second day Saturday...
  • Damascus International Airport was closed for a second day Saturday for repairs
  • Russia has condemned the attack against essential civilian infrastructure in Syria

OPEC Fund to provide US$40m loan to Kosovo for reforms

The OPEC Fund for International Development will improve fiscal transparency, promote private sector development and enable environmental reforms
  • The comprehensive plan will improve fiscal transparency, promote private sector development
  • The plan will enable environmental reforms in the energy and waste management sectors

Clashes erupt in Tripoli after failed coup

Clashes between armed groups erupted in Libya's capital on Friday night, according to local media, as the country reels from...
  • The intense fighting involved two influential militias from western Libya, local media reported.
  • After a 2011 revolt toppled the dictator Mouammar Kadhafi, political infighting has plagued oil-rich Libya

Iran, Venezuela ink 20-year deal on cooperation in Tehran

Iran and Venezuela signed a 20-year deal on cooperation between the two countries in various sectors including energy, financial and...
  • The deal inked by Iran and Venezuela include energy, financial and defense
  • From July 18 direct flights would operate between Caracas and Tehran

Lebanon to restart issuing passports, after shortage concerns

Lebanon said Friday it will resume appointments to issue and renew passports next week after suspending such bookings in late...
  • General security had stopped passport services because the Lebanese government failed to pay a passport printing company
  • Struggling with financial crisis, passport renewal requests in Lebanon surged tenfold since 2020

Israel targets Damascus in missile attack, wounding civilian

An Israeli missile attack early Friday hit several targets south of the Syrian capital Damascus, wounding at least one civilian,...
  • Syrian air defenses intercepted most of the missiles but those that reached their target left at least one civilian wounded and caused material damage
  • The monitor, which relies on a wide network of sources across Syria, said that at least three such positions were hit, leaving a number of people wounded

US President in dilemma as Iran hardens stance on nuclear deal

A flare-up in tensions between the UN nuclear monitor and Iran this week has left US President Joe Biden in...
  • The Vienna talks halted because for US, the final demands by Iran unrelated to nuclear issues
  • The US Secretary of State has warned that Iran's removal of the monitoring cameras threatened JCPOA restoration

Shared values take UAE-Germany ties to a new level

"We are forging the links that will strengthen our shared interests and values to confront the challenges head-on. As Germany...
  • The UAE and Germany are clear-eyed about the challenges they will face in the next 50, says UAE's Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan.
  • As Germany pursues its policy of 'Zeitenwende' that will usher in a new era of foreign policy, finance, and energy, it will find in the UAE a true and reliable partner, he adds.

FIFA says Israeli citizens can travel to Qatar World Cup

Israeli citizens will be allowed to travel to Qatar to watch football's 2022 World Cup, despite the absence of diplomatic...
  • Qatar does not have diplomatic ties with Israel. It supports Hamas and cut commercial ties with Israel in 2009.
  • The two countries had established commercial relations in 1996, when then Israeli prime minister Shimon Peres visited Qatar's capital Doha.

Humans beat AI gold-level score at top maths contest

Sydney, Australia -- Humans beat generative AI models made by Google and OpenAI at a top international mathematics competition, despite...

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Lebanon judge charges Nissan employees for allegedly stealing Ghosn documents

BEIRUT, LEBANON - A Lebanese judge has charged four Nissan employees with the theft of documents and devices from the Beirut...

Iran unveils air defense systems amid rise in Middle East tensions

Tehran, Iran - Iran unveiled two new air defense systems on Saturday, state media reported, with tensions high in the Middle...

Hamas chief says group seeks complete truce in Gaza

Palestinian Territories - Hamas chief Ismail Haniyeh on Saturday reiterated the group's demand of a complete ceasefire in Gaza, a...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Pakistan official admits being part of election rigging

Islamabad, Pakistan - A senior bureaucrat said on Saturday he helped rig Pakistan's elections, a week after polls marred by allegations...
  • Liaqat Ali Chattha, commissioner of the garrison city of Rawalpindi, said he would hand himself over to police.
  • "We converted the losers into winners, reversing margins of 70,000 votes in 13 national assembly seats," he said.

Fear pervades West Bank hospital after deadly Israeli raid

Jenin, Palestinian Territories - A climate of fear pervades a hospital in the occupied West Bank city of Jenin, where patients...
  • At the rehabilitation ward at Jenin's Ibn Sina hospital, two patients recalled hearing the screams of a nurse as Israeli forces reached the third floor.
  • Such an attack "creates fear and is dangerous for health workers and patients", said Rik Peeperkorn, the UN agency's envoy for the Palestinian territories.

WTO chief insists global trade body still counts

WTO members' trade ministers have their biennial meeting in Abu Dhabi from February 26-29, at which they could put the...
  • World Trade Organization is hoping for results from its 13th ministerial meeting in Abu Dhabi, particularly on fishing, agriculture and electronic commerce
  • WTO chief said the meeting to be tough due to the "economic and political headwinds", from Ukraine war, the attacks in the Red Sea and economic difficulties in Europe and China