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

Qatar, UK ink pact on food safety, environmental health

Qatar Food Safety and Environmental Health Department Director Wassen Abdullah Al Bakr said that the agreement would enhance food safety...
  • Qatar Food Safety and Environmental Health Department Director Wassen Abdullah Al Bakr said that the agreement would enhance food safety in Qatar
  • It provides a framework for enhanced cooperation in food safety research, particularly food contaminant and risk management analyses

Biden accuses Putin’s forces of ‘genocide’ in Ukraine

President Joe Biden for the first time Tuesday accused Vladimir Putin's forces of committing genocide in Ukraine, where Russia was...
  • "Yes, I called it genocide," Biden told reporters, hours after employing the term during a speech in Iowa -- its first use by a member of his administration
  • Biden's accusation came as Moscow was feared to be readying a massive onslaught across Ukraine's east that Washington warned might involve chemical weapons

Man in gas mask shoots 10 people on Brooklyn subway; terrorism ruled out

A man in a gas mask shot 10 people on a packed New York subway train during rush-hour on Tuesday,...
  • There were 40 to 50 passengers inside the coach at the time of the incident and they began crowding towards the front
  • The NYPD has urged people to stay clear of the area, urging witnesses to contact a tip line with any information

Oman becomes first GCC nation to ratify a treaty on rights of seafarers

Oman has become the 100th country to ratify a 2006 treaty that protects the rights, pay and conditions of seafarers. The...
  • Maritime Labor Convention has become a worldwide reference for the maritime industry and a pillar of international maritime rules and regulations since its signing in 2006.
  • Guy Ryder, the ILO Director-General, said Oman, a longstanding maritime nation, has set an example for other countries in the region.

Maritime traffic between Morocco and Spain resumes

Maritime traffic between Spain and Morocco is set to resume Tuesday following the normalization of diplomatic relations between the two...
  • Embroiled in a dispute with Spain over the territory of Western Sahara, Morocco upheld the blockade between some of the largest ports on the Mediterranean for over two years.
  • The maritime borders reopened last summer -- but connections between Tangiers and Spain's Algeciras and Tarifa ports have remained cut.

Jordan plans to expand cultivation of wheat, barley

The plan includes allocating interest-free loan packages to farmers through the Agricultural Credit Corporation.
  • The plan includes allocating interest-free loan packages to farmers through the Agricultural Credit Corporation
  • Jordan Minister of Agriculture, Khaled Hneifat said the ministry will provide seeds to grow wheat and barley in alignment with the climatic condition of the cultivation areas

‘Pain’ of Algerians banished to the Pacific

Between 1864 and 1897, as French colonial troops advanced through Algeria, 2,100 people were tried by special or military courts...
  • They were sent in chains around 18,500 kilometers (11,500 miles) to the other side of the world, to a penal colony on the Pacific archipelago of New Caledonia.
  • Those who survived the tough journey became known as the "straw hats" -- a nod to the convicts' headgear as they worked in the blazing sun.

Qatar, Iran ink bilateral pacts in aviation sector

An agreement to increase the number of flights between Qatar and Iran was also signed.
  • An agreement to increase the number of flights between Qatar and Iran was also signed
  • A series of meetings were also held between the two sides to enhance cooperation in the transport sector

Palestine wheat stocks could run out within 3 weeks

The cost of wheat flour in Palestine has already surged by nearly 25 percent because of the Ukraine crisis.
  • Most households in the Gaza Strip are now buying food on credit
  • Many families are eating less and lower quality of food items

From Denmark to Portugal, Europe ups effort to quit Russian gas

In Denmark, large black pipes are about to be buried in a muddy trench, as construction of a gas pipeline...
  • In Middelfart in central Denmark, work resumed last month on the Baltic Pipe project intended to help Poland reduce its dependence on Russian
  • In southern Europe, Spain and Portugal are strengthening an alternative supply route to help Europe wean itself off Russian gas

Russia’s Lavrov visits Beijing to discuss Ukraine

Russian Foreign Minister Sergei Lavrov met Sunday in Beijing with his Chinese counterpart to discuss Ukraine and relations with the...

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Boeing spots new ‘problems’ in 737

The fuselage problems could slow down deliveries.

EU adopts cavalier approach in its desire for primacy

For EU leaders, it is their way or the highway as the wealthy, powerful bloc seeks to tame opposition and...

Russian president to make ‘imminent’ visit to Turkey

Turkey's President Recep Tayyip Erdogan has managed to maintain trade and political relations with both Ukraine and Russia, allowing Russia...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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UNRWA plays key role in regional security, stability

The UAE's top diplomat reiterated the UAE's steadfast support for UNRWA, emphasizing that in light of current challenges, sustaining its...
  • UAE commits to continuous support for UNRWA, highlighting the agency's role in humanitarian relief.
  • The country stresses the need for a lasting ceasefire to protect civilians and support Palestinian people.

Hamas weighs Gaza truce as fighting nears fifth month

The Gaza health ministry said that at least 127 people were killed in Israeli strikes in the previous 24 hours...
  • Blinken will begin his trip in Saudi Arabia before visits to Israel, Egypt and Qatar
  • The war has also sent regional tensions soaring, with a surge in attacks in the region

WEF24: Gulf cities spearhead global investment surge

GCC cities such as Abu Dhabi, Dubai and Riyadh showcase dynamic growth, rivalling global metropolises, says Julien Hawari, CEO &...
  • GCC cities such as Abu Dhabi, Dubai and Riyadh showcase dynamic growth, rivalling global metropolises, says Julien Hawari, CEO & Founder of Special Edition and Million.
  • He attributes the Gulf's economic boom to transformative business and government practices, and inclusive policies that promote diversity and attract international talent.