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

Two Turkish soldiers killed in military operation in Iraq

Another two Turkish soldiers have been killed during military operations against Kurdish militants in the north of Iraq, Turkey's defense...
  • One soldier was killed on Saturday when an improvised explosive device (IED) went off as he and other soldiers were passing
  • Turkey has launched several operations in the area against fighters from the Kurdistan Workers' Party (PKK), which Ankara and its Western allies say is a terrorist organization

After Russian invasion, NATO has right to deploy in eastern Europe: deputy chief

NATO is no longer bound by past commitments to hold back from deploying its forces in eastern Europe, the US-led...
  • Mircea Geoana anticipated "a robust, flexible and sustainable presence" in eastern flank under Article 5
  • NATO's article 5 says that an attack on one member is an attack on all of them

Germany to modernise military in face of Russia threat

Germany's government and conservative opposition have agreed a deal that will release 100 billion euros ($107 billion) to modernise the...
  • The deal, which involves amending budgetary rules in the national constitution, was struck after weeks of difficult negotiations
  • The agreement will allow Berlin to achieve NATO's target of spending 2.0 percent of GDP on defence "on average over several years"

Lebanese authorities foil Saudi national’s Captagon smuggling bid

Lebanese authorities on Sunday arrested a Saudi man at Beirut airport who attempted to smuggle 18.3 kilograms of the illegal...
  • Lebanon's interior ministry said in a statement that 18.3 kilograms of the illegal stimulant were destined for Kuwait.
  • Trade in captagon in the Middle East grew exponentially in 2021 to top $5 billion, posing an increasing health and security risk to the region.

Iran says crews of two seized Greek oil tankers ‘in good health’

Iran said Saturday the crews of two Greek oil tankers it has seized in the Gulf are in "good health"...
  • Iranian foreign ministry spokesman said that the crews of the seized oil tankers from Greece were being protected under international law
  • Greece has condemned Tehran's detention of the two ships as "tantamount to acts of piracy" and warned its citizens not to travel to Iran

Tunisian court imposes travel ban on former speaker

A Tunisian court has imposed a travel ban on the speaker of the country's now-dissolved parliament, a court spokeswoman said.
  • The interdiction against Rached Ghannouchi is part of an inquiry into alleged obstruction of justice in connection with the assassination in 2013 of two left-wing figures
  • Ghannouchi, 81, is a fierce critic of President Kais Saied who in July 2021 suspended the Ennahdha-dominated parliament, sacked the prime minister and assumed executive powers

Iran Revolutionary Guards say seized two Greek tankers in Gulf

Iran's Revolutionary Guards seized two Greek oil tankers in the Gulf Friday, days after Athens confirmed it would deliver to...
  • Delta Poseidon, one of the Greek tanker was sailing in international waters and second tanker was near the Iranian coast when seized
  • Greece has accused Iran of "piracy" and confirmed that nine Greeks were among the crews of the two vessels

Amnesty demands Morocco probe ‘assaults’ on 5 Sahrawi activists

Human rights group International Friday urged Moroccan authorities to investigate urgently allegations that security forces last month assaulted five women...
  • The mission has prompted Western leaders to urge regional counterparts to spurn any Chinese attempt to extend its security reach across the region
  • The five activists "were targeted after their participation in peaceful protests for Sahrawi self-determination," Amnesty said in a statement

Turkey shows off drones at Azerbaijan air show

Looping in the air at lightning speed, Turkish drones like those used against Russian forces in Ukraine draw cheers from...
  • Turkey's TB2 drones are manufactured by aerospace company Baykar Defence, where Erdogan's son-in-law Selcuk Bayraktar is chief technology officer
  • Turkey's drones first attracted attention in 2019 when they were used during the war in Libya to thwart an advance by rebel commander, General Khalifa Haftar

G7 nations to stop financing fossil fuel projects abroad by end 2022

Japan Friday for the first time joined fellow members of the Group of Seven industrialised nations in pledging to end...
  • Ending subsidies for the international fossil fuel energy sector was already part of a series of commitments agreed to by around 20 countries at COP26 climate summit in Glasgow.
  • Six of the G7 club of rich nations were among the signatories at the time -- Britain, Canada, Germany, France, Italy and the United States -- but Japan had resisted until now.

Iran says replaced air defence systems damaged during 12-day war with Israel

Iran's air defence network includes systems like the domestically built Bavar-373 and Khordad-15, designed to counter missiles and aircraft, in...

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Erdogan’s Egypt visit aimed at rapprochement with al-Sisi

Turkey and Egypt cut ties in 2013 after Sisi, then Egypt's defense minister, ousted Islamist president Mohamed Morsi, an ally...

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...

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

Most Read

AI giants to unveil pact to fight political deepfakes

The idea comes as big tech companies are under considerable pressure over fears that AI-powered applications could be misused in...
  • Currently under negotiation by the companies, this so-called "accord" on deepfakes and other dangerous content is set to be announced during the Munich Security conference
  • According to the Washington Post, the companies will agree to develop ways to identify, label and control AI-generated images, videos and audio that aim to deceive voters

Al Jazeera condemns Israel ‘targeting’ Gaza journalists

Reporter Ismail Abu Omar's life is at risk and cameraman Ahmad Matar was severely wounded when the pair were hit...
  • Reporter Ismail Abu Omar's right leg was blown off in the drone strike, while doctors were trying to save the left one, Al Jazeera said, quoting an emergency physician
  • US, Israel's vital ally, offered its "sincere condolences" over the injuries and noted that they were not the first Al Jazeera journalists harmed during the conflict

Qatar’s ties with Iran closer than ever: Sheikh Tamim bin Hamad

Doha, Qatar-- Qatar's Emir Sheikh Tamim bin Hamad Al Thani has affirmed that the ties between Qatar and Iran have...
  • The Iranian foreign minister stressed for the need to implement agreements reached between the two countries in order to further strengthen the ties
  • Qatar's leader applauded the Iranian effort to support Palestine and its pursuit of a political solution to bring to an end the war and suffering of the people in Gaza