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

Israel to top up shrinking Sea of Galilee with desalinated water

Israel, a leader in making seawater drinkable, plans to pump excess output from its desalination plants into the Sea of...
  • Irregular rainfall, rising temperatures and intensive pumping have overtaxed the world's lowest freshwater lake, which has served as the Jewish state's main sweetwater reservoir.
  • Israel now plans to tackle the challenge by reversing the water flow through its vast network of pumps, pipes and tunnels dating to the 1960s, the National Water Carrier.

Iran begins production at centrifuge component workshop

Iran has started making components for machines used to enrich uranium at a new workshop in Natanz, the country's main...
  • The new workshop replaces a nuclear facility in Karaj, near Tehran, after an attack there last year, which Iran said was an act of sabotage
  • World powers are negotiating to revive a 2015 landmark agreement to rein in Iran's nuclear activities in exchange for sanctions relief

More than 100 hurt in violence in Al-Aqsa compound

More than 100 people were wounded Friday in clashes between Palestinian demonstrators and Israeli police at Jerusalem's Al-Aqsa mosque compound....
  • The latest clashes come after three tense weeks of deadly violence in Israel and the occupied West Bank, and as Passover and Easter overlap with Ramadan
  • The mosque compound is at the heart of the Israeli-Palestinian conflict, falling within Israeli-annexed east Jerusalem

France urges cooperation with Algeria after Russia-Ukraine crisis

France and Algeria have been attempting to improve their ties after a diplomatic crisis.
  • Algeria is a major exporter of natural gas, which covers over 11 percent of Europe's needs, compared to the 47 percent from Russia
  • European countries have been trying to ramp up Algerian exports to reduce their reliance on Russia after it invades Ukraine

Swiss prosecutors probe Libyan gasoil ‘looting’

"A maritime gasoil smuggling network resulting from the looting of Libyan state oil refineries was allegedly carried out between 2014...
  • "A maritime gasoil smuggling network resulting from the looting of Libyan state oil refineries was allegedly carried out between 2014 and 2015," Swiss state prosecutors said
  • In an investigation published in March 2020, the NGOs Public Eye and TRIAL International accused Swiss traders Kolmar Group of being linked to the allegations

Iran urges Iraq against hosting ‘disruptive security presence’

Iran president accused Iraq's Kurdistan region of "negligence", adding that Iran is closely monitoring the movements of Israel.
  • Iran president accused Iraq's Kurdstan region of "negligence", adding that Iran is closely monitoring the movements of Israel.
  • The Iranian president made the remarks in Tehran during a meeting with visiting Iraqi Foreign Minister Fuad Hussein

Russian flagship sinks after Kyiv claims missile hit

Russia's Black Sea flagship sank on Thursday after an explosion and fire that Ukraine claimed was a successful missile strike,...
  • "Given the choppy seas, the vessel sank," the Russian state news agency TASS quoted the ministry as saying
  • On the Ukrainian side, Odessa military spokesman Sergey Bratchuk said the ship had been hit by domestic Neptune cruise missiles

European Space Agency cuts lunar mission cooperation with Russia

The European Space Agency on Wednesday ended cooperation with Russia on three missions to the Moon due to Moscow's invasion...
  • The ESA had planned to have a navigation camera called Pilot-D on the Luna-25 probe, whose launch is scheduled for this summer
  • The ESA is looking for other options and partners to test the technology that would have formed part of the Russian missions.

Lebanon to demolish blast-hit Beirut silos

Once boasting a capacity of more than 100,000 tons, the imposing 48-meter (157-foot) high structure has become emblematic of the...
  • Last year, Swiss company Amann Engineering also called for their demolition, saying the most damaged of the silos were tilting at a rate of two millimeters per day.
  • Authorities say the blast was caused by a shipment of ammonium nitrate fertilizer, that caught fire after being impounded for years on end in haphazard conditions.

European Parliament calls for ‘genuine’ dialogue in Tunisia

Members of the European Parliament urged Tunisian President Kais Saied on Wednesday to engage in "genuine" dialogue with political parties...
  • European officials have repeatedly voiced concern over his moves, warning of blows against democracy in the birthplace of the Arab Spring uprisings
  • In a statement, the delegation urged Tunisians "to embark on a broad-based and structured" dialogue

Trump says US will send Ukraine Patriot air defense systems, and may sanction Russia

President Donald Trump on Sunday said Washington would send Patriot air defense systems to Kyiv and hinted at new sanctions...

Company News

Latest News

Russian foreign minister to speak at Valdai Middle East Conference

MOSCOW, RUSSIA - Russian Foreign Minister Sergey Lavrov will take part in the 13th Middle East Conference of the Valdai...

Spain to increase UNRWA funding after donors suspend aid

MADRID, SPAIN -  Spain said on Monday that it would give an additional US$$3.8 million (3.5 million euros) in aid to...

Investment in Qatar free zones reaches US$1.3bn, says QFZ chairman 

DOHA, QATAR - Minister of State and Chairman of Qatar Free Zones Authority (QFZ) Dr. Ahmad bin Mohammed Al Sayed...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Saudi, UAE ‘prior’ countries for Russia’s inbound tourism push

Moscow, Russia -- China, India, Iran, the United Arab Emirates (UAE) and Saudi Arabia will become prior countries for Russia...
  • In 2024, attention will be given to five prior countries: China, India, Iran, the UAE, Saudi Arabia, said Director General of the Center for Strategic Research Pavel Smelov.
  • "It is expected that by 2030 the implementation of the concept presented will result in the annual flow of 16 million foreign tourists," he said.

Iran starts construction on new 10MW nuclear research reactor

Tehran, Iran -- Iran said Monday it had started building a new nuclear research reactor in Isfahan, days after it announced...
  • The new 10-megawatt research reactor is being constructed to create a powerful neutron source, IRNA said.
  • It would have a variety of applications, including fuel and nuclear material tests and the production of industrial radioisotopes and radiopharmaceuticals, it said.

Boeing spots new ‘problems’ in 737

The fuselage problems could slow down deliveries.
  • Boeing Commercial Airplanes chief executive Stan Deal said, "This past Thursday, a supplier notified us of a non-conformance in some 737 fuselages"
  • Deal said employees offered suggestions on more than 1,000 improvements since a series of training events following the January 5 incident