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

UAE continues relief air bridge to Ethiopia with 30 tons of food supplies

This is expected to benefit over 7,100 people in the region, including 5,700 women and children.
  • The UAE has reportedly sent nine planes carrying 344.2 metric tons of aid to Ethiopia, helping over 81,000 people, including 65,000 women
  • This year, it has pledged to donate $85 million to support relief operations in Ethiopia, in collaboration with international organizations

UAE-India CEPA to become operational in one month: Emirati officials

The UAE-India CEPA will simplify customs procedures, reduce logistics cost and open new opportunities for professional services.
  • The UAE-India CEPA will simplify customs procedures, reduce logistics cost and open new opportunities for professional services
  • The three-day logistics conference concluded with a valedictory session at the India Pavilion at Expo 2020 Dubai addressed by top officials from both countries

US indicts 4 Russians who targeted energy sector, including Saudi facility

The Russian hackers tried their exploits on thousands of computers at hundreds of companies in 135 countries between 2012 and...
  • The hackers were employed by a Russian Ministry of Defense research institute and Russia's Federal Security Service
  • The four Russians were the subject of two separate indictments, both predating the Russian invasion of Ukraine

US announces new sanctions after North Korea ICBM test

The targeted persons and organizations are accused of “transferring sensitive items to North Korea’s missile program,” the State Department said...
  • The targeted persons and organizations are accused of “transferring sensitive items to North Korea’s missile program,” the State Department said in a statement
  • Thursday’s launch was the first time Pyongyang has fired the country’s most powerful missiles at full range since 2017

Blinken to travel to Israel, West Bank, Morocco, Algeria

US Secretary of State Antony Blinken will travel to Israel, the West Bank, Morocco, and Algeria over March 26-30 to...
  • Blinken will meet separately Israeli Prime Minister Naftali Bennett and Palestinian president Mahmoud Abbas in Ramallah
  • While in Morocco, he will meet Abu Dhabi Crown Prince Mohammed bin Zayed, besides other regional politicians

UAE and ASEAN review cooperation, discuss regional and international issues

Anwar Gargash, Diplomatic Adviser to the UAE President, discussed cooperation relations with the ambassadors of the member states of the...
  • Anwar Gargash, Diplomatic Adviser to the UAE President, met the ambassadors of the member states of the ASEAN.
  • The meeting was attended by the ambassadors of Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam accredited to the UAE.

Tropical forests cool earth’s temperature by a degree, says research

Tropical forests cool the world by more than 1 degree Celsius, increase rainfall, and shield people and crops from deadly...
  • A study shows that the climate benefits of trees go beyond sucking planet-warming carbon dioxide out of the air.
  • Cutting down forests puts at risk the Paris climate accord's goal of capping the rise in global average temperatures at "well below" 2 degrees Celsius.

Senior officer among five Yemen soldiers killed as bomb explodes in Aden

Some 80 percent of Yemen's population of about 30 million people depends on aid for survival, after years of a...
  • The bomb attack came just days before the seventh anniversary on March 26 of the start of a Saudi-led military coalition's intervention.
  • Aden, which is also home to a separatist movement, has been the target of several attacks claimed by the Islamic State group.

UN agency to spearhead early warning plan covering every person on earth

“Early warnings and action save lives,” UN Secretary-General António Guterres said in a video message during a ceremony marking the...
  • The agency will lead the effort and present an action plan in November at this year’s UN climate conference (COP 27) in Egypt.
  • The new plan seeks to build on existing WMO activities and partnerships, including with key agencies, countries and groups already active in the field.

North Korea fired intercontinental missile, claim South Korea, Japan

Pyongyang has launched nearly a dozen weapon tests this year in defiance of UN sanctions. However, long-range and nuclear tests...
  • The missile was fired from Sunan, and had a range of 6,200 kilometers (3,850 miles)
  • It is said to have flown for 71 minutes and landed in Japan's territorial waters

Trump holds fresh talks with Netanyahu to end Gaza ‘tragedy’

Donald Trump and Benjamin Netanyahu met for the second time in 24 hours Tuesday as the US president intensified the...

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Creeping war threatens Sudan’s eastern border

Sudan's nine-month-old war has so far largely spared the country's east. But with the frontline inching ever closer, and reports...

Biden to visit Michigan as Arab American anger over Gaza grows

The trip comes days after the Democratic incumbent's campaign manager traveled to the city of Dearborn -- home to the...

US targets Houthi and Iranian drones in fresh strikes

CENTCOM earlier announced that the USS Carney had shot down an anti-ship ballistic missile fired by the Houthis, and then...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Houthi rebels target commercial vessel with a missile

Maritime security firm Ambrey said that a merchant ship had been targeted with a missile in southwest of Aden, Yemen....
  • The rebels have carried out some 30 attacks on commercial shipping and naval vessels
  • US forces on Wednesday destroyed a missile belonging to the Houthi rebels

UN says Israel-Hamas war leaves Gaza ‘uninhabitable’

Since the relentless Israeli aerial and ground assault, triggered by Hamas's deadly October 7 attacks inside Israel, the United Nations...
  • UNCTAD said Gaza was in a dire state before the war erupted, with a 17-year blockade and repeated military operations leaving around 80% of the population dependent on aid.
  • It would take seven decades for the territory to return to just its 2022 GDP level even the reconstruction was started immediately.

Norway warns of consequences over UNRWA funding cut

"We urge fellow donor countries to reflect on the wider consequences of cutting their funding to UNRWA," Norwegian Foreign Minister...
  • Thirteen countries, including major donors such as the United States, Germany, Britain and Sweden, have suspended funding to the UN agency
  • The funding is suspended over accusations that 12 on its staff members were involved in the October 7 attack by Hamas members against Israel