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 strikes hit Iran for the six consecutive time as energy concerns rise

For the first time in the latest escalation, US strikes also reached areas around the Iranian capital. Iran responded by...
  • IEA Executive Director Fatih Birol warned that the world should be concerned about energy security unless the United States and Iran quickly restore oil flows through Hormuz.
  • Oil prices edged higher on Friday as traders assessed mounting risks to crude supplies from the Gulf.

US, Iran exchange fresh strikes as Trump says Tehran wants to ‘settle’

US Central Command (Centcom) said the latest operation struck Iranian command centers, air defense sites, missile and drone capabilities, as...
  • Iranian health official Hossein Kermanpour said at least 35 people had been killed and about 300 wounded in US attacks since the latest round of hostilities began this month.
  • The provinces of Hormozgan, Sistan and Baluchestan, and Khuzestan sustained the heaviest damage, he said.

Global support for refugees remains strong, but skepticism over asylum claims persists: Ipsos

Thirty-four percent of respondents in the Ipsos survey said genuine refugees should seek asylum in the first safe country they...
  • Ipsos survey finds support for refugee protection remains widespread, while concerns over asylum claims and border management continue across countries.
  • Respondents favour humanitarian aid and diplomacy for displaced people from Iran and Lebanon over permanent resettlement or military intervention.

US launches fresh strikes on Iran, reimposes Hormuz blockade

Iran strikes US military assets in the Gulf and warned the Strait of Hormuz would remain closed until US military...
  • Bahrain activated air raid sirens and urged residents to seek shelter, while Kuwait's military said its air defences were intercepting Iranian drones.
  • Oil prices climbed for a second consecutive session as traders weighed the growing threat to energy supplies.

US strikes hit Iran for third night as Tehran expands retaliation across Gulf

US Central Command (CENTCOM) said its forces completed a five-hour mission that struck military targets in Bushehr, Chah Bahar, Jask,...
  • Hours earlier, Trump had told conservative radio host Hugh Hewitt that US forces would continue to strike Iran.
  • The IRGC said it carried out missile and drone strikes on Bahrain, targeting what it described as weapons support warehouse.

Dubai utility DEWA says solar park to exceed 8 GW capacity by 2030

Dubai, UAE -- Dubai's state utility DEWA said its flagship Mohammed bin Rashid Al Maktoum Solar Park will exceed 8,000...
  • Mohammed bin Rashid Al Maktoum Solar Park will exceed 8,000 megawatts (MW) of generation capacity by 2030.
  • The utility said it ranks first globally in 13 operational performance indicators, including electricity transmission and distribution losses of 2 percent.

US launches fresh strikes on Iran as Tehran expands attacks on Gulf bases

The latest operation followed approximately 140 US strikes carried out the previous day after Iran attacked a commercial ship in...
  • Iranian state media reported US strikes on the southern Gulf islands and said one person was killed and four others wounded in Khuzestan province.
  • Iran also reported drone strikes on sites in Oman, while Kuwait said border posts and an offshore oil platform had come under attack.

Sheikh Hamad bin Khalifa Al Thani, who put Qatar on world map, passes away

His death at the age of 74 closed a defining chapter in the country's modern history. During his 18-year reign...
  • His voluntary 2013 abdication to Emir Sheikh Tamim marked an unprecedented peaceful generational transition in modern Gulf monarchies.
  • In 1996, he authorised the launch of Al Jazeera, the satellite television network that revolutionised Arabic-language news and reshaped media across the region.

Iran launches drone, missile attacks on Gulf nations after US strikes

The latest round of fighting erupted after Iran's IRGC attacked a Cyprus-flagged container ship it said was transiting via an...
  • UAE's ministry of defence said the country's air defence was engaging Iranian drones and missiles.
  • Qatar and Bahrain asked its citizens to remain calm and move to safer places.

Tehran says it ‘kept its word’ as Trump threatens to ‘decimate’ Iran if targeted

Foreign minister Abbas Araghchi says compliance with the US-Iran memorandum of understanding must be mutual. Tehran denies seeking new talks...
  • US reportedly gives Tehran a deadline to stop attacks on shipping in the Strait of Hormuz.
  • Trump says '1,000 missiles are locked and loaded and aimed at Iran' with 'thousands more ready to follow'.

Iran sets seven conditions for talks as Turkey pushes proposals

“Tehran's message is clear and unambiguous; if Washington wants to escape the quagmire it has created for itself and avoid...

Company News

Latest News

Iran says Hormuz remains closed despite transit agreement with Oman

US president Donald Trump, meanwhile, says that all mines have been cleared from the waterway's international waters and that Tehran...

Iran says Hormuz remains closed despite transit agreement with Oman

US president Donald Trump, meanwhile, says that all mines have been cleared from the waterway's international waters and that Tehran...

Iran dismisses new US sanctions threat as ‘same movie’ amid escalating economic war

Araghchi’s comments came as Washington signalled that its next round of measures would go beyond targeting Iran itself, potentially placing...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Iran calls new US sanctions ‘declaration of war’ against all countries

US president Donald Trump, meanwhile, says he views the Strait of Hormuz as 'an American territory' and Iran 'cannot be...
  • Tanker traffic at Saudi Arabia’s Yanbu port has fallen by more than a third since Yemen’s Houthis announced a blockade of Saudi vessels through the Bab al-Mandeb.
  • Georgia has declined to join the latest European Union sanctions against Iran, saying its international political decisions are guided exclusively by national interests.

Hormuz ship crossings halve as Iran war disrupts energy flows

No very large crude carriers or liquefied natural gas tankers were among the vessels recorded. One very large gas carrier...
  • Only Hormuz crossings halved to seven commodity ships as shipping risks intensified and US-Iran peace talks remained stalled.
  • Brent was headed for a second weekly rise, gaining more than seven percent over five sessions amid supply disruptions.

Trump warns countries helping Iran of ‘tremendous economic consequences’

Tehran dismissed Washington’s latest pressure campaign as a diversion from US economic troubles as shipping through Hormuz remained severely restricted.
  • Trump did not identify specific countries or measures, but warned businesses, banks, airports and governments could face major economic penalties.
  • Iranian Foreign Minister Abbas Araqchi said further pressure would fail, as Washington and Tehran remained deadlocked over the strait.