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

EU eyes Russian oil import ban amid new bid to evacuate Mariupol

State Department spokesman voiced skepticism about the ceasefire, saying that Moscow has repeatedly resumed shelling after announcing pauses.
  • European Union vowed to "significantly increase" its support for Moldova which has been targeted by a Moscow-backed separatist region
  • Ukrainian Foreign Minister said that EU countries would be "complicit" in Russia's crimes in Ukraine if they block an oil embargo against Moscow

Drone swarms can now fly autonomously through thick forest

It's only a matter of a few years before we see such drones deployed in real-life work, said a roboticist...
  • Swarms could be used during natural disasters as they do not rely on any outside infrastructure, such as GPS
  • Pentagon expressed interest in carrying out its own tests on swarms that shows, it could be weaponized by militaries

Russia practises nuclear-capable missile strikes: ministry

The announcement came on the 70th day of Moscow's military action in the pro-Western country.
  • The announcement came on the 70th day of Moscow's military action in the pro-Western country
  • Russian President Vladimir Putin has made thinly veiled threats hinting at a willingness to deploy Russia's tactical nuclear weapons

Tunisia probes leaked ‘presidential aide’ recordings

Prosecutors in Tunisia have opened an investigation to determine the authenticity of recorded conversations purported to involve a former top...
  • Akacha has denied that it is her in the recordings, describing them as fakes that aim to undermine her former boss
  • The 41-year-old was appointed as Saied's legal advisor in late 2019 before becoming his head of staff in January 2020

Prisoners in Syria hopeful of release after amnesty by government

Half a million people have been detained in Syria's prisons since the start of the war, with about 100,000 dying...
  • President Bashar al-Assad has issued several amnesty decrees during the country's devastating 11-year war.
  • The Britain-based Syrian Observatory for Human Rights says that more than 250 detainees have already been freed.

Nobel winner warns of ‘toxic’ social media threats

Social media allows dangerous propaganda to flourish, making professional journalists vulnerable to threats and attacks, says Nobel Peace Prize laureate...
  • The 58-year-old co-founder of the news website Rappler highlighted how social media had made it far easier to spread propaganda, reject facts and change historical realities.
  • "There are no guardrails," Ressa said, pointing to the lawless world of social media, often based on algorithms that promote the outrage and hateful debate that drive traffic.

EU members seek opt-outs from Russian oil embargo

European officials were preparing a new package of sanctions Tuesday to punish Russia for its invasion of Ukraine, but some...
  • Ambassadors from the 27 EU countries will meet on Wednesday to give the plan a once-over
  • The commission's proposal would phase in a ban on oil imports from Russia over six to eight months

Sanction-hit Russian carmaker asks Iran for spare parts: Report

A Russian carmaker has asked Iran to supply it with key components it cannot access due to Western sanctions imposed...
  • Some Iranian car components, including engine cooling and suspension systems, have already been exported to Russia in recent years.
  • Iran has also suffered under stringent economic sanctions, reimposed by the United States in 2018 after Washington unilaterally pulled out of a deal with world powers.

UN calls for end of stalemate in Iraq

The mission underlined, in a statement on Monday, the importance of overcoming the political stalemate for the benefit of all...
  • The mission underlined, in a statement on Monday, the importance of overcoming the political stalemate for the benefit of all Iraqis
  • The UN mission urged political leaders in Iraq to assume their responsibilities and expedite the process of forming the government

European Union readies for end of Russia gas, warns won’t pay in ruble

The European Union warned member states Monday to prepare for a possible complete breakdown in gas supplies from Russia, insisting...
  • Germany's minister for economic affairs and climate Robert Habeck said Berlin would follow EU policy
  • The anti-Russian measures will also target the country's largest bank, Sberbank, which will be excluded from the international SWIFT messaging system

Explosive-laden drones hit three oil fields in Iraq’s Kurdistan region

Kurdistan has seen a spate of unclaimed drone attacks, which have come as the regional government and the federal authorities...

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Saudi hosts Arab diplomats for Gaza talks after Blinken tour

Saudi Arabia, home to the holiest sites in Islam, has never recognised Israel, though officials were considering doing so before...

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...

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

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Palestinian official says Hamas still seeks truce despite Israeli denial

"We expect the negotiations to be very complex and difficult but Hamas is open to discussions and the movement is...
  • Israel's Prime Minister Benjamin Netanyahu on Wednesday dismissed the organization's ceasefire proposal, calling it "bizarre".
  • The Palestinian official said a Hamas delegation would meet Egyptian officials in Cairo from Thursday to again discuss the details of ceasefire.

US strikes destroy two Houthi missile systems in Yemen

Washington, US - The United States military confirmed on Thursday its forces conducted multiple strikes against Houthi missile systems as the...
  • US "conducted self-defense strikes against two Houthi mobile anti-ship cruise missiles prepared to launch against ships in the Red Sea," CENTCOM said.
  • The strikes "will protect freedom of navigation and make international waters safer and more secure for US Navy and merchant vessels", it said.

Israel bombs Rafah crowded with 1 million Palestinians

US Secretary of State Antony Blinken left Israel without securing a pause in fighting, wrapping up his fifth crisis tour...
  • UN rights chief Volker Turk charged that Israel was committing a "war crime" with its reported destruction of buildings to create a "buffer zone" along the border inside Gaza.
  • Hundreds of thousands of people's lives are at risk in north and central Gaza because of a lack of food, the UN agency for Palestinian refugees warned.