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

Biden slams ‘war criminal’ Putin as Ukraine civilian horror grows

US President Joe Biden branded Vladimir Putin a "war criminal" Wednesday as the Russian leader's onslaught in Ukraine claimed more...
  • Officials in the port city of Mariupol were struggling to count the dead at the Drama Theatre, where thick smoke rose from the rubble
  • It was the latest in a litany of assaults on civilians across Ukraine since Putin invaded on February 24

‘Here there is nothing’: Yemen’s Aden scarred by grinding war

While Aden is now relatively stable, economically the ancient port city has been left on its knees.
  • While Aden is now relatively stable, economically the ancient port city has been left on its knees
  • Water and electricity are intermittent, serving a population that officials say has tripled to more than three million, as people seek safety from fighting raging elsewhere

Number of Italy bound under-18 Tunisian migrants quadruples in four years

A record number of irregular migrants under 18 years old reached Italy from Tunisia last year, more than quadrupling in...
  • Tunisia has become a major conduit for migrants seeking to reach European shores, particularly the Italian island of Lampedusa.
  • Some 2,731 minors completed the journey last year, up from 561 four years earlier, a Tunisian social group reported.

Iran FM says ‘two issues’ remain with US to restore nuclear deal

Iran's foreign minister said Wednesday that two issues remain with the United States in paused negotiations to restore the 2015...
  • "We had four issues as our red lines," but "two issues have been almost resolved," Hossein Amir-Abdollahian was quoted as saying by state news agency IRNA
  • Iran has been engaged in direct negotiations in Vienna to revive the deal, known formally as the Joint Comprehensive Plan of Action (JCPOA), with France, Germany, Britain, Russia

Israel to start direct flights to Egypt’s Sharm el-Sheikh in April

Israel is to launch direct flights to Sharm el-Sheikh on Egypt's Red Sea coast next month, in an expansion of...
  • The new air link had been discussed in September between Israeli PM Naftali Bennet and Egyptian President Abdel Fattah al-Sisi during Bennet's visit to Egypt last year.
  • Bennett said Israel was "opening up to the countries of the region and the basis for this longstanding recognition is the peace between Israel and Egypt".

Promote bicycles to combat climate change: UN

It calls on member states to "integrate the bicycle into public transportation, in urban and rural settings in developing and...
  • The resolution, proposed by Turkmenistan, was passed unanimously and like all General Assembly resolutions is non-binding.
  • The resolution encourages member states to "give special attention to cycling in cross-cutting development strategies, including bicycle sharing services,"

Uncertainty for Russian tourists in Turkey hotspot as war rages

Dozens of Western countries have banned Russian planes from their airspace while some carriers operating flights to Russia have had...
  • Dozens of Western countries have banned Russian planes from their airspace while some carriers operating flights to Russia have had their insurance policies cancelled
  • Some Turkish holiday operators have cited the impact of Western sanctions when cancelling the plans of their Russian clients

UAE citizens can travel visa-free to Israel

Israel has announced that all UAE citizens can now travel visa-free to Israel. The move is part of a wider...
  • Both vaccinated and unvaccinated tourists of all ages are permitted to enter Israel upon presenting a negative PCR test before departure and after arriving in Israel
  • The announcement follows a recent agreement between the UAE and Israel extending visa-free entry to all UAE nationals as part of the ongoing strategic partnership between them

British PM meets Saudi Crown Prince to plead for oil

British Prime Minister Boris Johnson met with oil-rich Saudi Arabia's Crown Prince Mohammed bin Salman to lobby for higher production...
  • "It's not just a question of looking at the OPEC countries and what they can do to increase supply, though that is important," Johnson told British media
  • Saudi Arabia and the UAE, which are two of the world's biggest oil exporters have so far avoided taking a position against Russia.

Slovakia approves NATO deployment on Ukraine’s doorstep

Ninety-six out of 134 lawmakers present voted in favour of the move on Tuesday, while 15 voted against. .
  • Ninety-six out of 134 lawmakers present voted in favour of the move on Tuesday, while 15 voted against
  • The force would initially be some 1,200 troops from the Czech Republic, Germany, the Netherlands, the United States, Poland and Slovenia

Trump hosts Netanyahu in push for Gaza deal, says Hamas too willing to end the conflict

Netanyahu's third visit since Trump's return to power comes at a crucial time, with the US president hoping to capitalize...

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We want complete ceasefire, not temporary truce: Hamas

Taher al-Nunu, a senior Hamas official, said his group wanted a "complete and comprehensive ceasefire, and not a temporary truce."...

Two million people may die in Gaza without world’s help: Turkish foreign minister

Ankara, Turkey - Turkish Foreign Minister Hakan Fidan on Monday expressed serious apprehensions about the escalating situation in the Gaza...

Israeli troops bulldoze, desecrate Palestinian graves in Gaza

Palestinian Territories - Even the dead are not spared by the Hamas-Israel war raging in Gaza, with bodies dug up...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Gaza bombing continues amid fears of wider regional conflict

Israel's relentless military offensive has since killed at least 26,422 people in Gaza, most of them women and children, according...
  • 140 Palestinians were killed by Israeli bombing overnight, including 20 members of one family, said the health ministry in the Palestinian territory.
  • In the latest efforts to broker a new ceasefire, CIA chief William Burns met top Israeli, Egyptian and Qatari officials in Paris on Sunday, but no breakthrough was reported.

Pakistan and Iran vow to restore ties after cross-border strikes

Tehran carried out strikes against an anti-Iran group in Pakistan on January 16, the same week the nation's military targeted...
  • During Pakistan visit, Iranian foreign minister said the hostilities could not be described as a "crisis" because relations had always been strong
  • Pakistan Foreign Minister Jalil Abbas Jilani told the same briefing that both sides had agreed to strengthen dialogue at all levels

DAE, Turkish Airlines ink pact

Turkish Airlines will take on lease 10 Boeing 737-8 aircraft.
  • The aircraft are scheduled to be delivered in 2025.
  • DAE owns and manages 96 737 MAX family aircraft.