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

Top US officials visit Kyiv as Mariupol ‘on the brink’

The United States' top diplomat and defence chief were in Ukraine's capital Sunday, Kyiv said, making the first high-level visit...
  • Presidential adviser Oleksiy Arestovych said Ukrainian leader Volodymyr Zelensky met the US officials Sunday
  • The United States has been a leading donor of finance and weaponry to Ukraine and a key sponsor of sanctions targeting Russia

France’s Macron wins new term

Macron is the first French president to win a second term for two decades, but Le Pen's result also marks...
  • Macron is the first French president to win a second term for two decades, but Le Pen's result also marks the closest the far-right has ever come to taking power in France
  • The 44-year-old president faces a litany of challenges in his second term, starting with parliamentary elections in June, where keeping a majority will be critical

Morocco prime minister’s petrol business at center of dispute

Soaring fuel prices in Morocco have placed billionaire petrol magnate Aziz Akhannouch -- who is also prime minister -- at...
  • Aziz Akhannouch last week had to try to explain to parliament the rise at the pump to a record $1.46 per liter of unleaded fuel.
  • At that level, filling a car's tank would eat into a substantial chunk of income when the minimum monthly wage is barely $280 in the North African nation.

Israeli forces arrest 12 in West Bank as UN chief discusses peace efforts

Israeli forces on Sunday said they had arrested 12 people across the occupied West Bank over the weekend in connection...
  • A total of 14 people have been killed in four attacks in Israel since March 22, including another shooting spree in Bnei Brak, an Orthodox Jewish city near Tel Aviv.
  • Over the same period, 24 Palestinians have been killed across the West Bank, including assailants, as Israel has stepped up operations in response to attacks.

UNRWA may end services to refugees due to funding crunch

United Nations Relief and Works Agency for Palestine Refugees (UNRWA) is facing a financial implosion for the last 10 years,...
  • The Commissioner-General of UNRWA, Philippe Lazzarini said this in a message to Palestinian refugees
  • He explained that the annual shortfalls to the core program budget have regularly neared $100 million

Iran Guards seize vessel smuggling fuel in Gulf

Iran's Revolutionary Guards seized a foreign vessel smuggling fuel in the Gulf and arrested its crew members, state media said...
  • The crewmen's nationalities were not specified
  • On April 15, Iranian media reported the seizure of a boat carrying 250,000 liters of smuggled fuel and the arrest of its seven-member crew

Macron on course to defeat far-right Le Pen for second term

Macron was set to win 57.0-58.5 percent of the vote compared with Le Pen on 41.5-43.0 percent, according to projections...
  • The result is narrower than their second-round clash in 2017, when the same two candidates met in the run-off and Macron polled over 66 percent of the vote.
  • The relatively comfortable margin of victory will nonetheless give Macron some confidence as he heads into a second five-year mandate.

Six dead, 48 rescued after migrant ship capsizes off Lebanon

At least six people died, including a little girl, and almost 50 others were rescued after a migrant boat capsized...
  • The boat capsized on Saturday night near the northern port city of Tripoli, the departure point for a growing number of people attempting a potentially lethal sea escape.
  • The deadly accident, weeks ahead of parliamentary elections scheduled for May 15, is not the first of its kind for the crisis-hit country.

Protests, pension, pandemic mark Macron presidency

Emmanuel Macron, who had never held elected office before becoming president in 2017, has weathered several crises throughout his presidential...
  • Macron became the youngest president in French history at 39 when he saw off far-right leader Marine Le Pen in 2017
  • He is now looking to become the first French leader since Jacques Chirac in 2002 to win a second term

French language in focus as controversies rise in Canada

The question of whether Canadian corporate leaders should be bilingual received a lot of attention last fall, after the president...
  • Under Canadian law, state-owned businesses are required to provide services in both French and English to clients
  • According to some French language proponents in Canada the government has failed to meet their expectations

Drone attack shuts Iraq oil field run by US company

Arbil, Iraq -- A drone strike forced a US company to suspend operations at an oil field in Iraq's autonomous...

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Israel says studying Hamas response to truce deal

Last week, a Hamas source said the truce deal calls for a six-week pause to fighting as Hamas frees hostages...

Israeli air strikes on Syria’s Homs kill five people

The Syrian Observatory for Human Rights said that five people have been killed including three civilians, and seven others were...

Saudi Arabia to US: No Israel ties until Palestinian statehood within 1967 borders

Riyadh, Saudi Arabia - Saudi Arabia on Tuesday explicitly conveyed to the United States its stance on diplomatic relations with...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Iran agricultural, food exports hit US$4.8bn in 10 months

TEHRAN, IRAN – The country has exported more than 6.7 million tons of agricultural and food products worth US$4.8 billion...
  • Of this amount, 4,944,481 tons worth $2,930,585,728 were dedicated to the export of agricultural products.
  • While 1,133,710 tons worth US$931,961,158 were dedicated to the export of food products.

Saudi Arabia’s air defense commander examines Russia’s S-350, S-400 systems

RIYADH, SAUDI ARABIA – The Commander of the Royal Saudi Air Defense Force Lieutenant-General Mazyad bin Suleiman Al-Amr has inspected...
  • The Royal Saudi Air Defense Force Commander saw various radars from the Almaz-Antey air defense concern.
  • The commander visited the stands of Russian defense industry companies and paid special attention to the air defense systems.

Hamas hands response to Gaza truce deal to Egypt and Qatar

Hamas has for more than a week mulled the deal drawn up in its absence at Paris talks, as international...
  • Qatari Prime Minister Mohammed bin Abdulrahman Al-Thani said Doha had received a "positive" response from Hamas to the truce plans.
  • US Secretary of State Antony Blinken said he would bring a response from Hamas on a hostage deal to Israel on Wednesday and called it "essential" to move ahead.