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

India, UAE have historic friendship, partnership: Speaker of Lok Sabha

Birla made this statement during a joint Emirati-Indian session chaired by Saqr Ghobash, Speaker of the Federal National Council.
  • Birla made this statement during a joint Emirati-Indian session chaired by Saqr Ghobash, Speaker of the Federal National Council
  • He also affirmed that the bilateral relations between India and the UAE have significantly improved, developing into a comprehensive strategic partnership

Moscow must fully comply with UN charter: Guterres

"The principles of the UN Charter are not an a la carte menu.... Member States have accepted them all and...
  • "The principles of the UN Charter are not an a la carte menu.... Member States have accepted them all and they must apply them all," Guterres told reporters
  • The secretary-general called Russia's recognition of "the so-called 'independence'" of two Ukraine regions "a violation of the territorial integrity and sovereignty of Ukraine."

US sanctions cut Russia off from Western financing

US sanctions against Russia announced Tuesday include steps to starve the country of financing, although they did not go as...
  • In an unusual and potentially harsh step, Washington blocked Moscow from raising new money from Western banks by prohibiting trading in Russian debt as of March 1
  • The measures target Vnesheconombank (VEB), Russia's state development bank, and Promsvyazbank (PSB), another state-supported institution

Gas prices ‘in God’s hands’, producers warn as Ukraine crisis sparks surge

Major gas exporting nations said Tuesday they could not guarantee prices or supplies at a summit overshadowed by the worsening...
  • Emir of #Qatar', which hosted a summit, said #gas producers were working to ensure "credible and reliable" supplies.
  • The United States has asked Qatar to help Europe if supplies are cut, but its Energy Minister Saad Sherida al-Kaabi said that his country could not rescue Europe alone.

Saudi forces shoot down Houthi drone, falling debris hurts 16

Sixteen people including foreigners were injured in Saudi Arabia when the kingdom destroyed a drone launched against an airport by...
  • It is the second airport attack in less than two weeks blamed on, or claimed by, the Iran-backed Houthi insurgents
  • Officials in the kingdom said 12 people were hurt on that occasion by falling debris when the Saudi military blew up a Yemeni rebel "bomb-laden" drone targeting Abha International

Turkey projects soft power in Syria by building homes

Syrian mother of four Maryam al-Hussein was relieved to have a roof over her head as she moved from a...
  • The housing complex built near the Turkish-held Syrian city of Al-Bab is the latest in a series of residential projects sponsored by Ankara
  • Turkey and its proxies have seized control of territory inside Syria during several military operations launched since 2016

Oil nears $100 as Western powers prepare sanctions against Russia

The jump in oil prices is compounding worries about inflation around the world, with the US Federal Reserve coming under...
  • That has in turn battered equity markets in recent months, and the latest developments out of Europe led to another day of hefty selling on Tuesday.
  • Russia's recognition of the breakaway regions of Ukraine will "strongly increase" economic uncertainty for the EU, its economy commissioner Paolo Gentiloni said.

World leaders congratulate Saudi Arabia on its Founding Day

Saudi Arabia celebrated the anniversary of its founding day about three centuries ago. The anniversary of Saudi Arabia's founding day...
  • The anniversary of Saudi Arabia's founding day coincides with 22 February 1727, since the era of Imam Mohammad bin Saud, the ruler of Diriyah.
  • Pakistan Prime Minister Imran Khan the kingdom further progress and prosperity.

Iran calls for ‘restraint’ in Ukraine, blames West

Iran urged "restraint" from both Russia and Ukraine on Tuesday while blaming the United States and NATO for the sharp...
  • President Vladimir Putin announced late Monday that Russia recognized the independence of Ukraine's separatist-held Donetsk and Lugansk regions
  • "The Islamic Republic of Iran calls on all parties to exercise restraint and avoid any action that could aggravate tensions," a foreign ministry statement said

Bags packed, Ukrainians at frontline brace for Russian invasion

Locals residing in border area are angered at both Russian President Vladimir Putin and Ukraine's Western-backed leader Volodymyr Zelensky for...
  • Some Avdiivka residents who have stayed through the worst months of Ukraine's eastern separatist war are now preparing to evacuate Aris Messinis
  • The official toll now of causalities is still small as one civilian and two Ukrainian soldiers have been killed by Kyiv in last week

73 Palestinians killed in Gaza as Netanyahu vows to recover hostages amid escalated strikes

Netanyahu has come under strong pressure to get the hostages back after US President Donald Trump said Israel had agreed...

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UN chief terms Israeli rejection of two-state solution ‘unacceptable’

In a speech to the Security Council, UN Secretary General Antonio Guterres demanded that "Israel's occupation must end." Guterres warned...

Houthis order all US, British UN staff to leave Yemen within a month

The expulsion followed joint strikes by the United States and Britain against the Houthis aimed at ending the group's attacks...

Iranian President Raisi to discuss Gaza war during Turkey visit

Raisi will meet Turkish counterpart Recep Tayyip Erdogan in the capital Ankara, making a visit that was postponed twice --...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Gaza facing catastrophic situation, famine looming: WFP

A study conducted between November 24 and December 7 found that all 2.2 million people living in the Palestinian territory...
  • Etefa said that around 70 percent of requests to deliver food to northern Gaza were rejected by the Israeli authorities.
  • The last deliveries to the north were around January 11 and 13, carrying 200 tons of food for 15,000 people.

US, Britain launch new joint strikes on Yemen’s Houthis

American and British forces carried out a first wave of strikes against the rebel group earlier this month, and the...
  • The latest US-UK strikes were against "eight Houthi targets in Yemen in response to the Houthis' continued attacks against international and commercial shipping in the Red Sea
  • There were no concerns about civilian casualties at the sites that were hit, while Houthi losses are unknown at this time, the official told journalists

Israel firing in Lebanon kills over 200 since start of Gaza war

Since the outbreak of war between Hamas and Israel on October 7, the Lebanese-Israeli border has witnessed a near-daily exchange...
  • Monday saw air strikes and artillery shelling targeting Lebanese border villages
  • More than 83,000 Lebanese have been forced to flee their homes since hostilities began