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

US Special Envoy for Yemen to visit Gulf for conflict resolution

US Special Envoy for Yemen Tim Lenderking will travel to the Gulf starting March 28 to continue leading U.S. diplomatic...
  • Yemenis deserve a more peaceful, prosperous country where they can live in safety and dignity, the US State Department said.
  • In Riyadh, Special Envoy Lenderking will also participate in the opening of the Gulf Cooperation Council-led Yemeni-Yemeni dialogue and engage with Yemeni participants.

Social media’s rocky ride through conflict zones

Activists in Arab Spring countries now lament how the platforms they once lauded have been retooled to serve the powerful....
  • Younger companies like TikTok and Telegram have been criticized for continuing to host Burmese military propaganda.
  • In Ukraine too, TikTok and Telegram have both been accused of failing to tackle Russian disinformation.

€120m frozen in money-laundering probe in Lebanon

Prosecutors are probing links Lebanon's central bank chief's link to criminal associations and money laundering.
  • French investigators launched investigation against five individuals for embezzling public funds in Lebanon worth of $330 million between 2002 and 2021
  • People of Lebanon suspect Riad Salameh who was the chief of Lebanese central bank and other high officials of transferring money abroad during a 2019 uprising

Ukraine retakes Kyiv suburb, as negotiations for peace resume

Ukrainian troops "liberated" the suburban town of Irpin, Interior Minister Denys Monastyrsky said, wresting a key gateway to the capital's...
  • It is now more than a month since Russian President Vladimir Putin's tanks rolled into Ukraine to oust the government
  • The fighting has already killed an estimated 20,000 people on both sides, and forced more than 10 million from their homes

Blinken arrives in Morocco to hold talks with UAE leader

Blinken flew in from Israel, where he joined a historic meeting of fellow top diplomats from the Jewish state, UAE,...
  • Blinken flew in from Israel, where he joined a historic meeting of fellow top diplomats from the Jewish state, UAE, Morocco, Bahrain and Egypt
  • US officials said talks in Morocco on Tuesday, and in a follow-up stop Wednesday in Algeria, would deal with the economic fallout from the Ukraine war

Israel-Arab ties ‘deter’ Iran, Israel FM tells landmark meeting

US Secretary of State Antony Blinken and the top diplomats of Israel and four Arab states wrapped up a landmark...
  • Israel's Foreign Minister Yair Lapid said that "this new architecture, the shared capabilities we are building, intimidates and deters our common enemies
  • The meeting's Sunday opening, in the Sde Boker kibbutz in the Negev desert, was marred by a shooting attack in northern Israel that killed two police officers

World Meteorology Organization hails Saudi center for saving lives

WMO noted that extreme weather, water and climate phenomena have become more frequent and more severe in many parts of...
  • WMO also highlighted the Middle East Green Initiative launched by the Crown Prince.
  • The Kingdom’s celebration of World Meteorological Day was held under the slogan “Early Warning and Early Action” on Sunday in Jeddah.

Oman, Sri Lanka to cooperate in economy, trade and investment

Oman and Sri Lanka have discussed economic and trade cooperation. In this connection, Saleh Said Masan, Undersecretary for Commerce and...
  • The two sides explored aspects of the joint cooperation, economic diversification sectors and the investment and trade environment.
  • They discussed aspects of cooperation in the economy and industry sectors, logistics, ports and investment opportunities in both countries.

Kim Jong Un vows to make North Korea an ‘overwhelming’ military nation

Analysts say the successful launch of a missile may have emboldened Kim's confidence that his country is on the right...
  • Kim's comments follow Pyongyang successfully carrying out the nation's biggest missile launch on Thursday.
  • Known as the Hwasong-17, the powerful ICBM was first unveiled in October 2020 and dubbed a "monster missile".

120 million euros frozen in Lebanese laundering probe

France, Germany and Luxembourg have seized properties and frozen assets worth 120 million euros ($130 million) in a major operation...
  • The Hague-based Eurojust said the operation on Friday was directed against five suspects who were suspected of embezzling public funds in Lebanon of more than $330 million.
  • This included the seizure of a three properties in Germany, valued at 28 million euros as well as other assets worth seven million euros.

European Union says Israel has agreed to ‘expand’ Gaza aid access

"This deal means more crossings open, aid and food trucks entering Gaza, repair of vital infrastructure and protection of aid...

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Iraq’s pro-Iran Al-Nujaba group to continue attacks on US troops

"Any (US) strike will result in an appropriate response," Al-Nujaba leader Akram al-Kaabi said in a statement, adding the group...

Iranian adviser among three killed in Israeli strikes on Syria

The targets included a site operated by Lebanese group Hezbollah on a road leading to the Sayyida Zeinab district and...

UN estimates at least 17,000 Gaza children separated from parents

"Each one has a heartbreaking story of loss and grief," said Jonathan Crickx, spokesman for the UN children's agency UNICEF...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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North Korea prepares for conflict as Kim inspects warships

The North Korean leader has in recent weeks declared South Korea his country's "principal enemy", jettisoned agencies dedicated to reunification...
  • The country last year launched what it called its first "tactical nuclear attack submarine"
  • Experts said the vessel seemed to be modified from an existing diesel-electric submarine

Global alliances key to educational advancement

"We are dedicated to supporting scientific research and innovation through strategic partnerships and pioneering initiatives, focusing on future-oriented sciences for...
  • UAE Education Minister Dr. Ahmad Belhoul Al Falasi advocates for public-private partnerships in education, emphasizing the importance of sharing expertise to boost quality.
  • During his UK visit, he underscores UAE's dedication to education, focusing on elevating the EdTech sector, curriculum development, and supporting Emirati students abroad.

Hamas gives ‘initial’ approval to plan for Gaza war pause

A Hamas source had told AFP the three-stage plan would start with an initial six-week halt to the fighting that...
  • Mediators pushed ahead with peace efforts as fighting raged in Gaza and as Qatar-based Hamas leader Ismail Haniyeh was expected in Cairo for talks on Thursday or Friday
  • Hamas has been reviewing a proposal for a six-week pause and a hostage-captives exchange, a Hamas source had told AFP after the Paris meeting