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 plans to punish Russia more with sanctions on oil or coal

The EU is considering to hit Russia with sanctions on oil or coal over the war in Ukraine, a top...
  • The Europeans are under pressure to hit Moscow in the crucial energy sector and stop paying out the huge proceeds from gas, oil and coal
  • Since Russia's military buildup against Ukraine began, sanctions against Moscow have been coordinated with the US and its Western allies

Palestinian lawyer sues Israel’s spyware firm in France

Palestinian lawyer Salah Hamouri, who is in Israeli detention, filed a complaint in France Tuesday against surveillance firm NSO Group...
  • He is one of several Palestinian activists whose phones were hacked using the Pegasus malware made by the Israeli company NSO
  • The rights groups have filed a complaint alleging offences -- such as the violation of privacy and correspondence against NSO

Yemen truce struggles to hold as charges of violations grow

Yemen's warring parties on Tuesday traded accusations of violating a ceasefire agreement, three days after it went into effect at...
  • Yemen's foreign minister, Ahmed bin Mubarak, in a Twitter post accused the Houthis of ceasefire violations
  • While the insurgents did not directly respond to the claims, their media channels also reported alleged "breaches", but by pro-government troops, on Sunday and Monday

Japan grants $3.35m emergency aid to Gaza Strip

Japan will provide humanitarian assistance, such as food provision, targeted at vulnerable Palestinians.
  • Japan will provide humanitarian assistance, such as food provision, targeted at vulnerable Palestinians
  • The humanitarian situation in Gaza Strip has significantly deteriorated due to the COVID-19 pandemic and floods

US, Iran spar over stalled nuclear talks and demands

Iranian foreign ministry spokesman Saeed Khatibzadeh said that the country's negotiators would not return to Vienna, the site of the...
  • Tehran has been engaged in long-running negotiations in the Austrian capital of Vienna to revive the JCPOA
  • It has engaged with Britain, China, France, Germany, and Russia directly, and the United States indirectly

Iran says will return to Vienna only to finalize nuclear deal

Iran said Monday it will only return to Vienna in order to finalize an agreement to revive its landmark 2015...
  • If Washington answers the outstanding questions, we can go to Vienna as soon as possible, Iran's foreign ministry spokesman Saeed Khatibzadeh said.
  • Iranian and US delegations in Vienna do not communicate directly but through other participants and the European Union, the talks' coordinator.

Yemen truce brings a windfall, two fuel ships dock at a port

Two fuel ships have entered war-torn Yemen's port of Hodeida, the first shipment in months, the rebels who control the...
  • Since 2016, the coalition has enforced an air and sea blockade, with exemptions for aid flights, accusing Tehran of smuggling weapons to the rebels
  • Flights to and from Sanaa are to follow under the ceasefire deal

Zelensky calls Russian troops murderers as outrage grows over ‘war crimes’

Despite Russian denials of responsibility, condemnation was swift, with Western leaders, NATO, and the UN all voicing horror at reports...
  • 410 civilian bodies had been recovered from Kyiv's outskirts and 280 bodies were found buried in mass graves have been seeing as war crimes of Russia
  • Peace talks between Russia and Ukraine are scheduled to resume by video on Monday though Russian negotiator said it's too early for meeting between Zelensky and Putin

Russia invasion of Ukraine pushes Turkey inflation to record 61.1%

Inflation was up from 54.4% in February to 61.14% in March.
  • The weakening lira and the rising cost of living has become a major source of discontent as President Recep Tayyip Erdogan faces election next year
  • The Turkish currency was stable following the latest inflation data, trading at 14.7 lira against the dollar and 16.2 lira against euro

Jordan’s Hamzah, accused in aborted coup plot, gives up title of prince

"I had the great honour of serving my beloved country and dear people in this capacity throughout the years of...
  • "I had the great honour of serving my beloved country and dear people in this capacity throughout the years of my life," he wrote
  • On March 8, the royal court said Hamzah had taken "responsibility for his actions and offences towards Jordan and His Majesty over the past years.”

Israel’s aid blockade leaves Gaza’s pregnant women hungry and at risk

Like most women at the Gaza City hospital where she attends her pregnancy check-ups, Fatima Arafa's face looks fatigued, a...

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Tunisia’s Jabeur supports Saudi Arabia after criticism from tennis greats

Abu Dhabi, United Arab Emirates--Tunisian tennis star Ons Jabeur on Saturday threw her support behind the potential staging of the WTA...

Israel forges buffer zone inside Gaza at risk to civilians: experts

Since Hamas fighters stormed across the border on October 7, Israeli forces have targeted structures in Gaza within a kilometre...

US and UK bomb Houthi targets in joint air raids

Scaling up attacks in the Middle East, US and UK carried out joint air raids in Yemen after a separate...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Hamas says US strikes in Iraq and Syria is putting ‘oil on fire’

Palestinian group Hamas condemned overnight US strikes in Iraq and Syria, saying Washington had poured "oil on the fire" in...
  • The US launched air strikes against Iran-backed armed groups in Iraq and Syria and promised more, in retaliation for a drone attack that killed its three soldiers in Jordan.
  • The strikes killed at least 23 pro-Iranian fighters in Syria, the Syrian Observatory for Human Rights war monitor said and in Iraq they killed 16 people including civilians.

US downed 8 drones off Yemen, hit 4 on ground

Washington, US - American forces shot down eight drones near Yemen and destroyed four more on the ground, the US military...
  • A US Navy destroyer shot down one drone on Friday morning while F/A-18 warplanes and another ship downed seven later in the day.
  • "These actions will protect freedom of navigation and make international waters safer and more secure for US Navy and merchant vessels," US said

Displaced Lebanese lament bombed homes, lost livelihoods

Tyre, Lebanon - When Ines Tehini and her family fled their south Lebanon village after Hizbollah and Israel began exchanging fire...
  • In Srifa, less than 15 kilometers (nine miles) from the border with Israel, farmer Abbas Fakih is staying in a house rent-free thanks to the generosity of residents.
  • "I had 250 goats. I've had to sell 50 or 60... just to put food on the table and feed the remaining cattle," he said, surrounded by his four children and their cousins.