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

Ukraine launches website for cryptocurrency donations

On the “Aid for Ukraine” website, users can currently offer donations in 10 cryptocurrencies, including Bitcoin, ether, tether and dogecoin.
  • On the “Aid for Ukraine” website, users can currently offer donations in 10 cryptocurrencies, including Bitcoin, ether, tether and dogecoin
  • “Cryptocurrencies play a significant role in Ukraine’s defense,” Oleksandre Borniakov, Ukraine’s deputy minister of Digital Transformation, said in a statement

Israel vows not to bypass Russia sanctions as meditation continues

Israel, which maintains close ties with both Russia and Ukraine, has been facing growing criticism from Washington and Kyiv over...
  • Israeli PM spoke with Putin over a call on Monday that lasted 90 minutes after speaking with Ukrainian President on Saturday
  • On Friday, Victoria Nuland from US administration has urged Israel to join Western sanction to punish Putin's aggression

KSA, Greece partner to support growth of digital economy

The two countries discussed cooperation in establishing an advanced digital infrastructure.
  • The two countries discussed cooperation in establishing an advanced digital infrastructure
  • Partnership was reviewed between Saudi IT Minister Eng. Abdullah bin Amer Al-Sawaha and the Greek minister Adonis Georgiadis

Qatar signs air services agreement with Jordan

The agreement is said to have been formally signed in Qatar’s capital city Doha.
  • The Acting Chairman of Qatar’s General Authority of Civil Aviation, Mohammed Al-Hajri, inked the deal for his country
  • Jordan’s Civil Aviation Regulatory Commission CEO Haitham Misto signed the agreement on behalf of his country

Deadly strikes rock Ukraine despite talks with Russia

With Russia threatening to take ‘full control’ of several major cities in Ukraine, the fourth round of talks failed to...
  • The UN estimates almost 2.8 million people have fled Ukraine since Russia launched a full-scale assault on February 24
  • It has recorded more than 600 civilian deaths, including dozens of children, though the true toll could be far higher

Iran says foils sabotage attack on atomic energy agency building

State television said a "sabotage operation against one of the buildings (of the Atomic Energy Organization of Iran) was foiled"...
  • State television said a "sabotage operation against one of the buildings (of the Atomic Energy Organization of Iran) was foiled" without causing any casualties or damage
  • "The saboteurs failed to carry out their plan," the broadcaster added, without identifying the building or the nature of the attack that had been averted

Power restored at Ukraine’s Chernobyl: IAEA

Power has been restored at Ukraine's Chernobyl nuclear power station, the site of the world's worst nuclear disaster in 1986,...
  • The retired Chernobyl nuclear reactors -- enclosed in a giant steel and concrete sarcophagus -- had also lost power early last week but supply was restored Sunda
  • The 1986 explosion at the Chernobyl nuclear power plant killed hundreds and spread a radioactive cloud across Europe

Starvation in war-torn Yemen likely to increase five times : UN

The number of people in war-torn Yemen starving in famine conditions is projected to increase five-fold this year to 161,000,...
  • Over 30,000 people are already struggling in famine conditions, a joint statement by the UN and other global bodies said
  • The joint UN statement on Yemen comes two days ahead of a high-level conference to raise aid for the war hit nation

Arab Youth Council and HSBC to educate Arab students about climate action

HSBC sponsors the program that provides open-source sustainability skills, ideas and solutions to all university and college students in the...
  • The two parties signed a pact by which they will cooperate in building the capacities of students and developing their skills.
  • The two parties would collaborate to implement an interactive curriculum project available to all students of universities, colleges.

Amid NFT boom, artists worry about climate costs

Most NFTs are currently traded on Ethereum, which reportedly uses as much electricity as all of the Netherlands, with a...
  • K-pop fans in South Korea last year staged a brutal campaign against plans for popular groups include BTS and A.C.E. to sell crypto-art.
  • Selling art as non-fungible tokens, or NFTs, uses the same technology as crypto-currencies like Bitcoin. The buyer receives a verified digital token as a mark of genuineness.

Use of eco-friendly rice bricks surges in water-scarce Kyrgyzstan

Rice blocks require less cement, which is responsible for approximately eight percent of global carbon dioxide emissions, according to 2023...

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DAE, Turkish Airlines ink pact

Turkish Airlines will take on lease 10 Boeing 737-8 aircraft.

Iran denies links to Jordan drone strike that killed 3 US troops

US President Joe Biden said on Sunday that "radical Iran-backed fighters groups operating in Syria and Iraq" were behind the...

Iran puts to death men convicted of spying for Israel

The four defendants, identified as Mohammad Faramarzi, Mohsen Mazloum, Wafa Azarbar, Pejman Fatehi, were arrested in July 2022 and accused...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Houthi rebels open seized cargo ship to sightseers

For about a dollar per trip, male-only groups of visitors can board wooden boats five times a week to the...
  • On board the ship, some visitors performed a traditional dance featuring the daggers that many Yemenis carry tucked into their belts, accompanied by chants glorifying the Houthis
  • A Yemeni visitor Hamada al-Baydani, said he had travelled 400 kilometers (250 miles) from Al-Bayda, to see the seized ship, which he labelled "a source of pride for Yemenis

US vows to respond after troops killed in Jordan

US President Joe Biden held Iran-backed fighters responsible for the killing of US troops and vowed to hold the perpetrators...
  • In South Carolina, the president held a moment of silence for the slain troops
  • CENTCOM said that the attack had hit a logistics support base in northeast Jordan

Oil rises on fresh Middle East fears after attack on US base

"The news of three US troops being killed by a drone attack, and President Biden saying 'we shall respond', will...
  • The attack - which came two days after Yemen's Huthi rebels struck a vessel in the Red Sea - ramped up tensions in the region
  • Both main crude contracts rose more than one percent in early trade - hitting levels not seen since November - before paring the gains slightly