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

Asian Games postponed as China tries to stamp out Covid spike

The Olympic Council of Asia (OCA) said in a statement that the decision to postpone "was taken by all the...
  • Hangzhou was poised to become the third city in China to host the continental competition after Beijing in 1990 and Guangzhou in 2010.
  • China has stubbornly stuck to its zero-Covid policy, imposing strict lockdowns, quarantines and mass testing programmes even while other countries start to reopen.

Algeria slaps travel bans on diaspora activists: rights groups

Amnesty International and Human Rights Watch on Friday called on Algerian authorities to lift "arbitrary travel bans" on activists from...
  • Human Rights Watch singled out the cases of three Algerian-Canadians prevented from returning to their homes in Canada between January and April.
  • Lazhar Zouaimia, who works as a technician at a public electricity utility in Quebec, had been blocked twice by border police.

Rights groups say Iran will try to manipulate UN expert visit

Human rights groups on Friday warned Tehran will try to use an upcoming visit to Iran by a UN expert...
  • The mission from May 7 to 18 will be the first to the Islamic republic by a special rapporteur since 2005
  • The rights groups say Iran has a history of blatant rights violations

Saudi Arabia, Azerbaijan sign MoU to boost accounting services

The MoU aims to enhance cooperation between the two countries in the areas of financial auditing and performance control.
  • For Saudi Arabia, the MoU was signed by Saudi General Bureau for Auditing president Hossam bin Abdul Mohsen Al-Angari
  • The other signatory was Vugar Gulmammadov, chairman of the Chamber of Accounts of Azerbaijan

Saudi-US cooperation to spur growth of digital content market in KSA

Saudi Arabia and United States Minister of IT, Eng. Abdullah bin Amer Al-Sawaha who is on a visit to the...
  • Saudi Arabia and United States Minister of IT, Eng. Abdullah bin Amer Al-Sawaha who is on a visit to the US met the president and COO of Omnicom Media Group Daryl Simm
  • The meeting also included several specialized technological companies in the fields of FinTech, software, and administrating alternative investments

UN attempts rescue as Russia pummels Mariupol

The Russian military had announced a three-day ceasefire at the site starting on Thursday, but a Ukrainian commander said there...
  • Since failing to take Kyiv early on in its invasion, which began February 24, Russia has focused its efforts on Ukraine's east and south
  • Seizing Mariupol would allow it to link the pro-Russian regions in eastern Ukraine to Crimea, which it annexed in 2014

Yemen’s war-weary Taez choked by siege despite truce

Overloaded trucks and cars packed with families ply narrow, bumpy mountain roads surrounding this Yemeni city long-besieged by Huthi rebels...
  • In normal times, one such road, known as "Al-Aqroudh", should allow drivers to reach the village of Al-Hawban east of Taez in just 15 minutes
  • Yemen's war pits the Iran-aligned Huthis against the Saudi-led military coalition backing the country's internationally recognised government

Israel launches manhunt after attack kills three

Israeli forces launched a manhunt Friday for attackers who killed three people in the central city of Elad as the...
  • No details on the alleged assailants had emerged, but Defence Minister Benny Gantz announced measures to stop the attackers from escaping
  • Israel's Foreign Minister Yair Lapid said "the joy of independence day had been interrupted in an instant"

1,000 Palestinians face eviction after Israeli court ruling on Hebron land

Israeli civil rights groups denounced a High Court decision that approved the eviction of roughly 1,000 Palestinian villagers to make...
  • In the early 1980s the army declared the 3,000-hectare (30 square kilometer) territory a restricted military area and claimed it was uninhabited.
  • The roughly 1,000 Palestinians living there said it was their people's home long before Israeli soldiers set foot in the West Bank, which the Jewish state has occupied since 1967.

Financial institutions exposed to high risk by global water crisis: Report

Financial institutions are exposed to significant risks posed by depleted and contaminated water supplies, a report released by non-profit Carbon...
  • A first-of-its-kind report by CDP and Planet Tracker shows how global companies in key industries are already losing billions as a result of the global water crisis.
  • By focusing on oil & gas, electric utilities, coal and metals & mining sectors, the report found that $13.5 bn in assets are already stranded and $2 bn at risk due to water issues.

Israeli tank shell strikes Gaza’s only Catholic church, killing three

Pope Leo XIV said he was "deeply saddened" by the loss of life, which a witness said was the result...

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Palestinian group says Israeli troops raid Gaza hospital

Israeli Prime Minister Benjamin Netanyahu has ordered the army to prepare to "evacuate" hundreds of thousands of Palestinians from Gaza's...

Law, politics hamper UK museum return of artifacts

LONDON, UK - British museums, like others across Europe, are under pressure to return artworks taken during the colonial era, including...

Crippling Israeli restrictions throw West Bank life in disarray

The number of checkpoints and barriers in the Palestinian territory has greatly increased since October 7, adding hours to already...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Saudi foreign minister meets UNRWA chief in Riyadh, promises support

Riyadh, Saudi Arabia — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan received Philippe Lazzarini, commissioner general of the...
  • Prince Faisal reaffirmed the Kingdom's backing for the agency and called on all UNRWA donors to contribute to humanitarian efforts for the Palestinians
  • 16 donor countries, including major contributors like the US and Germany, have suspended their funding amid allegations of misconduct within the UNRWA

Russia cannot be defeated in Ukraine: Putin

During a two-hour long interview with the former Fox News host Tucker Carlson, Russia's President Vladimir Putin defended his decision...
  • It was the first interview of Putin by a Western journalist since 2019
  • Putin said a deal "can be reached" on imprisoned Wall Street Journal reporter

Biden’s age under renewed scrutiny following damning revelations in documents investigation

Even before the special counsel report the White House was already on the back foot, facing repeated questions at a...
  • The report, released on Thursday, described Biden's memory as "hazy," "fuzzy," "faulty," "poor," and with "significant limitations."
  • It highlighted instances where Biden couldn't recall defining milestones in his own life, including the end and beginning of his vice-presidential term