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

Saudi Arabia pledges support for Yemeni-Yemini consultations, truce

Saudi Deputy Minister of Defense Prince Khaled bin Salman bin Abdualziz reaffirmed his country’s commitment to establishing security, peace and...
  • "The Kingdom of Saudi Arabia hopes that the truce will contribute to the political efforts to reach a political settlement," Prince Khaled said
  • The Yemeni Prime Minister and the members of his cabinet valued the continuous support provided by the Kingdom of Saudi Arabia for the Yemeni people

Scientists’ network plans civil disobedience to highlight climate crisis

The world has seen a crescendo of deadly extreme weather amplified by rising temperatures -- heatwaves, wildfires, flooding, storms.
  • Their non-violent actions are timed to the release Monday of a landmark report from the UN's climate science advisory panel.
  • Scientist Rebellion targets universities, research institutes and major scientific journals, prodding them and their staff to speak out.

Algeria pardons over 1,000 convicts, releases 70 Hirak detainees

Algerian President Abdelmadjid Tebboune on Sunday pardoned over 1,000 convicts and ordered "clemency measures" for 70 people detained over links...
  • The 70 detainees linked with Hirak protest movement were provisionally released this week and are awaiting trial.
  • Twice-weekly Hirak pro-democracy protests rocked Algeria, starting in early 2019, forcing longtime president Abdelaziz Bouteflika to step down months later.

Yemen savors a quiet day of Ramadan truce

A UN-brokered two-month truce took effect in Yemen Saturday, the first day of the Muslim holy month of Ramadan, and...
  • The Iran-backed Houthi rebels and the Saudi-led military coalition have both agreed to observe the ceasefire
  • Yemen's war has killed hundreds of thousands directly or indirectly and displaced millions, triggering the world's worst humanitarian crisis, according to the United Nations

Iran says agreement in paused Vienna nuclear negotiations ‘close’

Iran has been engaged in negotiations to revive the deal, known formally as the Joint Comprehensive Plan of Action (JCPOA),...
  • Iranian and US delegations in Vienna do not communicate directly, but messages are passed through other participants and the European Union, the talks' coordinator.
  • The talks were halted last month, after Russia demanded guarantees that Western sanctions imposed following its invasion of Ukraine would not damage its trade with Iran.

Imran Khan outwits rivals, gets national assembly dissolved

Pakistan will go to the polls to elect a new government within three months after Prime Minister Imran Khan foiled...
  • On a day of high drama, the assembly deputy speaker refused to accept a motion of no confidence in the government
  • The move appeared to blindside the opposition, who had confidently predicted they had enough votes to boot Khan from office

UAE, Israel cooperate to advance maritime transport sector

The MoU is said to be in the field of maritime transport, exchange of experiences, and strengthening strategic partnership.
  • The MoU aims to enhance cooperation between the two countries in the field of transport, especially maritime
  • It is also expected to help exchange experience and knowledge to serve the future directives for the next 50 years

Iran slams US for ‘preventing entry’ of Iranian singer

The US government, "by imposing new sanctions and preventing the entry of an Iranian singer, once again showed that... it...
  • Border patrol officers of the US interrogated Iranian singer Alireza Ghorbani at Toronto Airport in Canada and prevented him from traveling
  • Ghorbani was travelling to California to perform at a concert celebrating the Persian new year, Iran's news agency IRNA reported

Ukraine claims Kyiv region as Russia pullback reveals aftermath

Ukrainian authorities said Saturday the body of a well-known photographer, Maks Levin, had been found near a village in the...
  • In Bucha, 16 of the 20 corpses found on one street were lying either on the pavement or by the verge
  • Three were in the middle of the road, and another lay on his side in the courtyard of a destroyed house

Russia continues to batter Ukraine amid rescue efforts

Peace talks between Kyiv and Moscow resumed via video amid evacuations from Ukraine, but the Kremlin warned that what it...
  • Mariupol has faced weeks of Russian shelling, with at least 5,000 killed, say local authorities
  • The estimated 160,000 residents who remain face shortages of food, water and electricity

Released pro-Palestinian protest leader sues Trump for $20 mn

Mahmoud Khalil, one of the most prominent leaders of US pro-Palestinian campus protests, sued the Trump administration Thursday for $20...

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No deal yet on Gaza truce, says Hamas official

Osama Hamdan, a top Hamas official in Lebanon, said the movement's leaders were reviewing a proposed framework hammered out by...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Civilians among 16 killed in Iraq by US strikes on pro-Iranian group

The strikes hit "locations in the Akashat and Al-Qaim regions, including areas where our security forces are stationed", Awadi said....
  • The strikes hit "locations in the Akashat and Al-Qaim regions, including areas where our security forces are stationed", Iraqi govt spokesman Awadi said.
  • "This aggressive air strike will push the security situation in Iraq and the region to the brink of the abyss," the spokesman Awadi added.

UAE allocates US$5m for UN’s humanitarian efforts in Gaza

ABU DHABI, UAE – As per the directives of President Sheikh Mohamed bin Zayed Al Nahyan, Minister of Foreign Affairs...
  • The UAE is keen to support the humanitarian operations being carried out by the United Nations in the Gaza Strip.
  • The UAE stressed on the need to prevent further loss of life and avoid inflaming the situation in the Palestinian territory.

No Middle East escalation, urges EU foreign policy chief after US strikes

European Union foreign policy chief Josep Borrell called on all parties to avoid further escalation in the Middle East after...
  • US President Joe Biden vowing more attacks in retaliation for a deadly drone attack on an American base in Jordan.
  • The EU is aiming to launch a naval mission in the Red Sea later this month to help protect international vessels from attacks.