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, Philippines ink pact on mutual promotion, protection of investments

Protection and Promotion of Investments Agreements aim to protect investments from all non-commercial risks like nationalisation, expropriation, and sequestration.
  • Protection and Promotion of Investments Agreements aim to protect investments from all non-commercial risks like nationalisation, expropriation, and sequestration
  • The agreement also provides compensation for the investor if his investments are destroyed as a result of wars, conflicts, civil disobedience, or demonstrations

Iran removal of monitoring cameras may scupper nuclear talks: IAEA

The UN atomic energy watchdog said Thursday that Iran was removing 27 surveillance cameras at its nuclear facilities, warning this...
  • The negotiations also aim to lift sanctions against Iran and bring it back into compliance with nuclear commitments it made to world powers as part of the deal
  • International Atomic Energy Agency (IAEA) members on Wednesday passed a resolution censuring Iran over its lack of cooperation with the watchdog

Lebanon should block Israel gas extraction move: Hezbollah chief

Lebanon should block Israel from extracting gas from a disputed offshore field, Hezbollah chief Hassan Nasrallah said Thursday, warning a...
  • Nasrallah said extraction should halt pending the completion of maritime border negotiations between Lebanon and Israel
  • The company "should pull out its ship immediately and avoid getting involved in this aggression and provocation against Lebanon," he said

Israeli PM holds talks in UAE after Iran snub, trade deal

Israel's Prime Minister Naftali Bennett held talks with the UAE President Sheikh Mohamed bin Zayed Al Nahyan on Thursday during...
  • There was no prior announcement of the trip, which Bennett's office described as a "snap visit" at the invitation of Sheikh Mohammed bin Zayed.
  • The UAE was the first Gulf country to normalise relations with Israel and only the third Arab nation to do so after Egypt and Jordan.

UAE strengthens ties, strategic partnership with South Korea

The UAE Minister held a series of high-level meetings with government and business leaders in South Korea to strengthen bilateral...
  • The UAE Minister held a series of meetings with govt leaders in South Korea
  • The Minister held meetings with business leaders in South Korea

Iran condemns IAEA censure vote in new blow to nuclear talks

Iran already announced it had disconnected some International Atomic Energy Agency cameras monitoring its nuclear sites in anticipation of the...
  • The motion -- approved by 30 members of the IAEA board of governors, with only Russia and China voting against -- was the first to criticise Iran since June 2020.
  • The agency has said its questions about the three sites of Marivan, Varamin and Turquzabad were "not clarified" in its meetings with Iranian authorities.

European sanctions will wipe out Russia’s 15 years of economic gains

Sanctions imposed on Moscow over the invasion of Ukraine are rolling back more than a decade of economic progress and...
  • According to IIF report, Russian economy will contract by 15 percent in 2022 and another three percent in 2023
  • The damage will make it more costly for Russian president Vladimir Putin to continue the war

Morocco ban passengers on Covid-hit liner

Morocco has refused entry to passengers on a German cruise liner after some tested positive for Covid-19, Moroccan media reported...
  • Morocco on Tuesday raised its alert level for Covid-19 from green to orange after recorded cases spiked in several major cities
  • Last month, Morocco had scrapped Covid rules that ask incoming travelers to present a negative PCR test

Algeria breaks off treaty with Spain over W.Sahara dispute

Algeria said Wednesday it was suspending a decades-old co-operation treaty with Spain, after Madrid backed the position of the North...
  • Madrid and Algiers had signed the deal in 2002 to promote dialogue and cooperation on political, economic, financial, education and defense issues
  • Algeria's move came in retaliation after Spain in March publicly recognized Morocco's autonomy plan for the disputed territory

Western powers call on Iran to cooperate with IAEA

The US, Britain, France and Germany on Wednesday urged Iran "to fulfill its legal obligations, and cooperate with the IAEA",...
  • The foreign ministries of the four Western nations issued a joint statement welcoming the IAEA's resolution "responding to Iran's insufficient cooperation with the IAEA
  • The motion brought by the United States, Britain, France and Germany - but voted against by Russia and China -- is the first to criticize Iran since June 2020

Gaza hospital says 21 children dead from malnutrition and starvation

Gaza's population of more than two million people is facing severe shortages of food and other essentials, with residents frequently...

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UNRWA chief says Israel wants to destroy agency

Geneva, Switzerland - Israel is waging a concerted campaign aimed at destroying UNRWA, the head of the UN agency for Palestinian...

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...

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

Most Read

Coups, conflicts and crises confront African summit

Ahead of the gathering in the Ethiopian capital Addis Ababa, African Union Commission head Moussa Faki Mahamat voiced alarm at...
  • Gabon and Niger will be absent from the summit following their suspension over coups last year -- joining Mali, Guinea, Sudan and Burkina Faso, which are also barred
  • Beyond Africa, the Israel-Hamas conflict in Gaza is a hot topic, with African Union Commission head Moussa Faki Mahamat describing it as a "war of extermination."

Missile attack targets ship off Yemen: security agencies

Friday's strike came as a US decision in January to redesignate the Houthis as "terrorists" formally came into force. The...
  • US State Department spokesperson said a missile fired from Yemen "struck the port side of the India-bound, Panamanian-flagged MT Pollux, which was carrying crude oil
  • Security firm Ambrey said the Panama-flagged tanker "sustained minor damage" in the missile strike northwest of the Yemeni coastal city of Mokha

Gaza health ministry: 5 die in Israeli-raided hospital after oxygen cut

Five patients from the intensive care unit had died "as a result of the stopping of generators that caused a...
  • The Israeli army said Thursday it had launched a "precise" operation in the hospital after receiving "credible intelligence" to suggest hostages had been held inside
  • Medical charity Doctors Without Borders said on Thursday that shelling of the Nasser hospital had forced its staff to flee, leaving patients behind