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

Israeli army says intercepted missile launched from Yemen

The Israeli army said early Thursday it had intercepted a missile launched from Yemen, days after carrying out strikes on...

Geostrategy

UN experts warn of torture risk as US deports migrants to third countries

Geneva, Switzerland -- UN experts decried Tuesday the US resumption of migrant deportations to third countries, including to war-torn South...

Geostrategy
Geostrategy

Independents candidates dominate in Palestinian local elections

Independent candidates dominated the Palestinian local elections, winning 64 percent of seats, up from just 37 percent five years ago,...
  • Independents won 64 percent of seats, up from just 37 percent five years ago, according to official results released on Sunday.
  • The polls came after president Mahmud Abbas called off last year's planned presidential and legislative elections, after Israel barred voting from taking place in east Jerusalem.
Geostrategy

French FM says world powers must ‘keep talking’ with Putin

International powers must keep talking with Russia's President Vladimir Putin until he is ready to end his invasion of Ukraine,...
  • Le Drian told a conference in Doha that Putin had not achieved any of his aims, but that there had to be a ceasefire around the bombarded Ukrainian city of Mariupol
  • Le Drian said the Russian invasion had united Ukraine and given a new impetus to the European Union and NATO, while Russia was losing major markets for its energy exports
Geostrategy

UAE finance ministry to organize dialogue sessions WGS 2022

UAE’s Ministry of Finance will organize a series of specialized dialogue sessions on the sidelines of the World Government Summit...
  • This year’s summit themed ‘Shaping the Future of Governments’ will be held on March 29 and 30, coinciding with the closing of Expo 2020 Dubai.
  • The summit will also launch 20 in-depth knowledge reports that outline key topics on global governments’ agendas in cooperation with prominent global research institutions.
Geostrategy

Yemen faces ‘extremely troubling outlook’, says UNDP chief

War-torn Yemen faces an "extremely troubling outlook" after a serious escalation between Iran-backed Houthi rebels and Saudi Arabia, the head...
  • Achim Steiner, the UNDP's administrator, also told AFP the impoverished country is at risk of being "forgotten" as Russia's war on Ukraine grabs the world's attention
  • The war has killed hundreds of thousands directly or indirectly and left millions on the brink of famine in what the UN calls the world's worst humanitarian catastrophe
Geostrategy

Earth Hour: ENOC group stresses on lesser energy consumption

All service station forecourts including Service Station of the Future at Expo 2020 Dubai remained dark for an hour.
  • The ENOC group switched off non-essential lights at its headquarters on 26th March from 8:30 to 9:30.
  • ENOC saved a total of 11.9 GWh (or 11,963 MWh) of electricity in 2021, which is equivalent to 6,221 tCO2
Geostrategy

Sanctions on Iran’s revolutionary guards to stay despite nuke deal: US

Iran has been engaged in negotiations to revive the accord with Britain, China, France, Germany and Russia directly and the...
  • The Guards are on the list because of Iran's action supporting the Syrian government and Yemen's Houthi rebels.
  • The United States designated the Guards as a "foreign terrorist organization" under then-president Donald Trump in April 2019.
Geostrategy

Qatar signs Global Methane Pledge, to lower emissions by 30 percent

Rapidly reducing methane emissions is the most effective strategy to limit global warming in the near term and keep 1.5...
  • A total of 111 country endorsements have now signed the Global Methane Pledge.
  • The signatories represent 70 percent of the global economy and nearly half of global anthropogenic methane emissions.
Geostrategy

Iran hits back at US criticism over arms display at Qatar show

Iran on Sunday said it has the "right" to showcase its military equipment, after it was criticized by the US...
  • Iran had a large display of models of its aircraft, missiles and other military equipment at the show, which also featured a visit by naval vessels of different countries.
  • Qatar is a close US ally, hosting the regional headquarters of the Pentagon's Central Command at the Al-Udeid Air Base.
Geostrategy

EU envoy holds talks in Iran to bridge nuclear deal gaps

The EU's coordinator for talks to restore the 2015 nuclear deal met Iran's chief negotiator Sunday in Tehran, state media...
  • European Union diplomat Enrique Mora, who coordinates talks between Iran and the US, arrived in Tehran late Saturday and on Sunday met Iran's chief negotiator Ali Bagheri
  • His visit comes as EU foreign policy chief Josep Borrell on Sunday saw a renewed accord within "days"
Geostrategy

Dubai saves 329MW of electricity during Earth Hour 2022

Dubai Electricity and Water Authority (DEWA) said about 329 megawatts (MW) of electricity were saved in the emirate during Earth...
  • The power saved is equal to a reduction of 132 tons of carbon emissions.
  • These savings are 13 percent higher than the 291 mw savings recorded during Earth Hour 2021.

Israeli army says intercepted missile launched from Yemen

The Israeli army said early Thursday it had intercepted a missile launched from Yemen, days after carrying out strikes on...
Geostrategy

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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...
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Pegasus used in Jordan to spy on key figures, says report

Paris, France - Hackers have used the notorious Pegasus spyware to break into the phones of dozens of journalists and activists...
Geostrategy

Assailant takes hostages in Gaza protest in Turkey, says police

ISTANBUL, TURKEY - An assailant on Thursday took a number of people hostage at a plant owned by US cosmetics giant...
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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Geostrategy

Indian authorities tear down 600 year-old mosque in Delhi

New Delhi, India - Bulldozers have knocked down a centuries-old mosque in India's capital, a member of the building's managing committee...
  • The Masjid Akhonji in New Delhi, which its caretakers say is around 600 years old, was home to 22 students enrolled in an Islamic boarding school
  • It was torn down on Tuesday in a forest of Mehrauli, an affluent neighborhood dotted with centuries-old ruins from settlements predating modern Delhi
Geostrategy

Saudi Arabia not part of BRICS yet, still considering invite: Report

Riyadh, Saudi Arabia -- Saudi Arabia remains undecided on accepting the BRICS bloc's invitation to join, despite initial claims of...
  • South Africa's Foreign Minister Naledi Pandor's recently asserted the kingdom's membership, but a Saudi official told Reuters the Kingdom has not yet responded to the invitation.
  • BRICS had extended membership offers to Saudi Arabia, United Arab Emirates, Egypt, Iran, Argentina, and Ethiopia last August.
Geostrategy

Mediators push for Gaza truce as UNRWA warns its activities may stop

UNRWA chief Philippe Lazzarini said that "if the funding remains suspended, we will most likely be forced to shut down...
  • UN rights experts voiced alarm at soaring numbers of journalists killed in the Gaza war, decrying an apparent "deliberate" Israeli strategy to silence critical reporting.
  • 119 people were killed in the latest night of Israeli strikes; "There is a massacre taking place right now," said Leo Cans of international aid group Doctors Without Borders.