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

Iran says no nuclear talks if US insists it stop uranium enrichment

Washington and Tehran had been engaged in several rounds of negotiations seeking to strike a deal on the Islamic Republic's...

Courts in Iraq sentence eight to death

Eight people have been sentenced to death in Iraq, half of them over a 2020 car bombing in the city...
  • A criminal court in Anbar, a province in western Iraq, "sentenced four terrorists to death by hanging for setting off a car bomb in Ramadi"
  • Amnesty International said in a report last year that Iraq was the world's fourth leading executioner

Putin hails ‘liberation’ of Mariupol, but nixes steel plant raid

President Vladimir Putin said the ‘liberation’ of Mariupol was a ‘success’ for Russian forces, but also ordered Defense Minister Sergei...
  • Taking full control of Mariupol on the Azov Sea would be a major strategic victory for Russia
  • It will help Russia connect annexed Crimea to the territories of separatists in eastern Ukraine

Libya’s oil industry falls hostage again to political schism

The National Oil Company (NOC) has this week declared a halt to operations at two major oil export terminals and...
  • The closure is a manifestation of playing out between the parallel administrations of Fathi Bashagha and Abdulhamid Dbeibah
  • The shutdowns in Libya further squeeze global supply and represent an additional source of upward pressure for prices.

Erdogan claims that Iraq backed Turkey’s push against Kurdish militants

The Turkish leader’s comments came a day after Iraq summoned Turkey’s ambassador to Baghdad to lodge a formal protest against...
  • The Turkish leader’s comments came a day after Iraq summoned Turkey’s ambassador to Baghdad to lodge a formal protest against Erdogan’s latest military campaign
  • Turkey’s armed forces have reported the death of two soldiers and dozens of Kurdish militants since the launch Sunday of their third offensive in northern Iraq

Ukraine vows to fight to the end in Mariupol as ultimatum expires

Ukraine on Sunday vowed to fight to the end in Mariupol after a Russian ultimatum expired for remaining forces to...
  • Ukrainian President described the situation in Mariupol as "inhuman" and called on Western allies to provide heavy weapons.
  • "The city still has not fallen," says Ukrainian Prime Minister adding that "Our military is still there and they will fight till the end".

Iraq voices protest at Turkey’s offensive in Kurdistan region

Iraq on Tuesday summoned Turkey's ambassador to Baghdad in protest against the new Turkish offensive targeting rebels in the north's...
  • Turkey has launched an air and ground offensive against militants of the outlawed Kurdistan Workers' Party (PKK) in northern Iraq
  • Designated as a terrorist group by Ankara and its Western allies, the PKK has waged insurgency against the Turkey since 1984

Temporary aid can offset inflation hit to families: IMF official

Faced with surging inflation that is hitting poor families especially hard, which has sparked unrest in some countries, policymakers should...
  • "We've seen already in some countries people protesting when they see the price of food or basic items increasing very rapidly," said IMF chief economist Pierre-Olivier Gourinchas.
  • Governments can alleviate impact of the price jumps with "targeted measures to try to support vulnerable populations", he said.

Iran says ‘political’ issues still holding up nuclear deal

Iran said Wednesday that "technical issues" in the now-paused negotiations to restore its 2015 nuclear agreement with world powers have...
  • Iran is engaged for a year in negotiations with France, Germany, Britain, Russia and China directly, and the United States indirectly, to revive the 2015 deal
  • The US unilaterally withdrew from the agreement in 2018 and reimposed sanctions on Iran, prompting Tehran to step back from nuclear commitments

Israel PM bans far-right lawmaker from Jerusalem march

Israeli Prime Minister Naftali Bennett on Wednesday barred far-right lawmaker Itamar Ben Gvir from entering Muslim areas of Jerusalem's Old...
  • Tensions in Israeli-occupied east Jerusalem have spiked in recent weeks, amid nearly a month of deadly violence in Israel and the occupied West Bank
  • Ben Gvir had announced he would take part in a rally on Wednesday evening, saying he would march through the Damascus Gate

Environment Agency says 60 sq km of UAE’s marine critical habitats protected

Environmental assessment and permitting operations carried out by the Environment Agency – Abu Dhabi (EAD) in 2021 reveal that 60...
  • This is in addition to a reduction of more than 2800cum of toxic waste from drilling operations, and a 99 percent reduction in air pollutants emissions from the fluorine industry.
  • EAD has also completed permitting the commissioning of clean energy projects that save about 11 million tons of carbon emissions per year.

Iran says no nuclear talks if US insists it stop uranium enrichment

Washington and Tehran had been engaged in several rounds of negotiations seeking to strike a deal on the Islamic Republic's...

Company News

Latest News

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...

UAE, Russian Presidents discuss regional and global developments

ABU DHABI, UAE - President Sheikh Mohamed bin Zayed Al Nahyan spoke by telephone to President of the Russian Federation...

Halting funding to UNRWA perils Middle East stability: Arab League

Cairo, Egypt -- The potential termination of the UN Relief and Works Agency for Palestine Refugees in the Near East...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

4,895 students killed, 400 schools damaged in Palestinian territories

The Palestinian Ministry of Education said more than 4,851 students were killed by Israeli forces in Gaza, while 8,227 others...
  • The Ministry said that 239 teachers and administrators were killed and 836 were injured in the Gaza Strip and six were injured and more than 71 detained in the West Bank.
  • Nearly 90% of government school and education buildings were directly or indirectly damaged, while 29% were damaged to an extent that they are not operational anymore.

British-owned cargo ship hit by drone off Yemen in latest Houthi attack

Houthi military spokesperson Yahya Sarea said last week that the movement's armed forces had targeted an American merchant ship named...
  • According to British firm Ambrey, the Barbados-flagged ship "reportedly incurred minor damage on the port side" in an attack west of Hodeida
  • Houthi rebels, who control much of Yemen, have been harassing Red Sea shipping for months in protest against the Israel-Hamas war

WEF24: Scaramucci calls for reform in US politics

US politics need reform, strategic foresight, and principled governance to address domestic and global challenges, says noted American financier Anthony...
  • US politics need reform, strategic foresight, and principled governance to address domestic and global challenges, says noted American financier Anthony Scaramucci.
  • Scaramucci tackles issues like the 'weaponization of the dollar,' lobbying influences, and power concentration in the US during a TRENDS-hosted panel session.