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

Nabih Berri elected Lebanon parliament speaker for seventh term

Berri's candidacy went largely unchallenged but the 84-year-old clinched only the bare minimum number of votes needed for a win...
  • An ally of Hezbollah, Berri has weathered decades of turbulence and shifting political tides, including the current economic crisis and a 2019 protest movement.
  • Even after parliamentary elections in May yielded modest but unprecedented gains for independent candidates, Berri's position remained largely unchallenged.

Jordan, UAE review cooperation in improving quality higher education

Jordan and the United Arab Emirates (UAE) have discussed exchanging expertise between them, especially in the field of accreditation and...
  • A meeting was held between the education ministers of both the countries for exchanging expertise in higher education.
  • The mechanism of quality assurance procedures at the institution and program level was also discussed in the meeting.

700-year-old samurai sword smuggled into Switzerland

Valued at $700,000, the Katana sword was discovered in a car with Swiss plates during a routine search near Zurich.
  • Several other objects were also found in the car, including an antique book, a contract and the sales invoice.
  • Customs experts consulted found the import of the antique sword should be considered a violation of Switzerland's Cultural Asset Transfer Act (KGTG).

Iran says IAEA report on undeclared nuclear sites ‘not fair’

Iran said Tuesday a report by the UN nuclear watchdog on undeclared nuclear material found at three sites was "not...
  • The latest report came as talks to revive a landmark 2015 nuclear deal between Iran and major powers remain deadlocked after stalling in March
  • the IAEA said it still had questions which were "not clarified" regarding undeclared nuclear material previously found at three sites - Marivan, Varamin and Turquzabad

Iraq seeks to enhance global trade relations: official

Iraq seeks to enhance economic and commercial relations with the international community, said Hamid Al-Ghazi, the Iraqi Secretary-General of the...
  • Iraq seeks to enhance economic and commercial relations with the international community, said Hamid Al-Ghazi, the Iraqi Secretary-General of the Council of Ministers
  • Spanish ambassador Pedro Martinez said his government will support Iraq in all fields, especially in climate change

Israel signs free trade deal with UAE; its first in GCC, third in Middle East

The UAE has signed a Comprehensive Economic Partnership Agreement (CEPA) with Israel. Dr Thani bin Ahmed Al Zeyoudi, UAE Minister...
  • The agreement builds on the strong foundations laid by the Abraham Accords, says UAE Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi
  • Talks for a free trade agreement began in November and concluded after four rounds of negotiations

GCC, Pakistan launch 3rd round of free trade negotiations

The Chairman of the GCC Negotiating Team, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing negotiations with Pakistan.
  • The Chairman of the GCC Negotiating Team, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing negotiations with Pakistan
  • Free trade negotiations with Pakistan are part of GCC countries' effort to strengthen cooperation with their international partners

Iran’s uranium pool exceeds nuclear deal limit: UN nuclear watchdog

The International Atomic Energy Agency said in its latest report on Iran's nuclear program that it "estimated that, as of...
  • The report also says that Iran is continuing its enrichment of uranium to levels higher than the 3.67 percent limit in the deal.
  • Enrichment levels of around 90 percent are required for use in a nuclear weapon. Iran has always insisted its nuclear program is peaceful.

Sudan lifts state of emergency imposed since coup

Sunday's decision came after a meeting with senior military officials recommending the state of emergency be lifted and people detained...
  • Burhan who vowed to free political detainees arrested in the 2021 crackdown has now lifted a state of emergency to set the stage for talks among Sudanese factions
  • Military officials of Sudan recommended allowing the live TV unit of Al Jazeera to resume operations which was banned for "unprofessional" coverage of protests

Lebanon questions ex-Nissan boss Carlos Ghosn over Interpol notice

Lebanon has questioned ex-Nissan boss Carlos Ghosn after receiving an Interpol red notice for his arrest but did not take...
  • The questions centred on allegations including "money laundering, misuse of power... squandering company money" and others, an official said.
  • Ghosn -- who holds French, Lebanese and Brazilian citizenships -- was initially due to stand trial in Japan following his detention there in 2018,.

Malnutrition reaches new heights in Gaza, children most affected, require urgent treatment

As malnutrition surges in war-torn Gaza, tens of thousands of children and women require urgent treatment, according to the UN,...

Company News

Latest News

India PM inaugurates grand temple in Abu Dhabi

According to the UAE authorities, the grand temple carved from pink stone spreads over an area of 55,000 square metres...

Putin says prefers more ‘predictable’ Biden over Trump

Asked by a journalist who Russia would like to see win in the likely contest between the Democratic incumbent and...

Two children among four Lebanese killed in Israeli strikes

"A woman was killed along with her child and her stepchild in a strike that targeted Sawwaneh," while a fourth...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Saboteurs hit Iran pipelines disrupting gas supply: state media

The saboteurs hit pipelines in the cities of Borujen in the southwestern province of Chaharmahal and Bakhtiari, and Safashahr in...
  • State media reported that the sabotage had disrupted gas supplies in at least three provinces -- North Khorasan in the northeast, Lorestan in the west and Zanjan in the northwest
  • No group claimed responsibility for the attacks and Iran did not immediately apportion blame, although Iran has generally blamed Israel for similar acts of sabotage in the past

Hamas heads to Cairo truce talks as Rafah braces for Israeli assault

CIA Director William Burns had joined Tuesday's talks with David Barnea, head of Israel's Mossad intelligence service, which Egyptian media...
  • A Hamas source told AFP that a delegation was headed to the Egyptian capital to meet Egyptian and Qatari mediators, after Israeli negotiators held talks with the mediators Tuesday
  • Turkish President Recep Tayyip Erdogan, an outspoken critic of Israel's conduct of the Gaza war, was also due in Cairo Wednesday for talks with President Abdel Fattah al-Sisi.

Israeli delegation departs Cairo after truce talks: media

The UN and many governments across the world have expressed alarm about the possible civilian toll of an Israeli assault...
  • An official in Israeli PM's office said the Israeli delegation was on its way back from Cairo
  • An Egyptian official told media that the talks will continue for another three days