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

World leaders condemn Russian decision on Ukraine

Western powers reacted swiftly to Monday's decision by Russian President Vladimir Putin to recognise the independence of the two self-proclaimed...
  • The leaders of France, Germany and the United States condemned Putin's move as a "clear breach" of the Minsk peace agreements
  • French President Emmanuel Macron, German Chancellor Olaf Scholz and US President Joe Biden agreed that "this step will not go unanswered"

US, allies lambast Russia over Ukraine at UN Security Council

The United States and its allies rounded on Russia during an emergency Security Council session Monday, denouncing Vladimir Putin's recognition...
  • "He calls them peacekeepers. This is nonsense. We know what they really are," Thomas-Greenfield said
  • Ukraine's ambassador Sergiy Kyslytsya insisted that his country's borders remain "unchangeable" despite Russia's actions

Putin recognises independence of pro-Russian separatists in Ukraine

Russian President Vladimir Putin on Monday recognised the independence of two separatist regions in eastern Ukraine in an emotional address...
  • State broadcasts then showed Putin signing mutual aid and friendship agreements with rebel leaders in the Kremlin
  • At the end of his lengthy speech, Putin asked Russia's upper house of parliament, the Federation Council, to "support this decision".

Egypt and France begin military drills in the Mediterranean

Egypt has kicked off joint air and naval drills with France, one of its biggest arms suppliers, in the Mediterranean,...
  • "Egypt and France are carrying out the 'Ramses 2022' naval and air exercises in the Mediterranean... which will last several days," army spokesman Gharib Abdelhafiz said
  • The spokesman added that the drills also seek "to secure vital targets in the Mediterranean"

Using alternative sources of energy saved UAE $191 bn: Suhail Al-Mazroui

UAE has saved $191 billion by using alternative sources of energy, according to Suhail Al-Mazroui, UAE energy minister. Speaking at...
  • Energy minister Suhail Al-Mazroui said his country is working on 40 international projects helping other countries implement solar and wind projects.
  • UAE has plans to capture 25 percent of the global hydrogen market share, Al-Mazroui told IPTC 2022 Riyadh.

Algeria’s complex relations with former occupier

The two countries had surprisingly good relations for the first four decades, and it was only in the 1990s that...
  • French historians say half a million civilians and combatants died -- 400,000 of them Algerian -- while the Algerian authorities insist 1.5 million were killed.
  • In 2013, Algeria allowed French forces to use its airspace to reach Mali, where they were battling militants.

President Raisi of Iran arrives in Qatar for gas and nuclear talks

Iran's President Ebrahim Raisi arrived in Qatar on his first visit to a Gulf Arab state Monday for a major...
  • Raisi and Qatar's emir, Sheikh Tamim bin Hamad al-Thani, are also expected to discuss growing efforts to revive a stalled international deal to regulate Iran's nuclear program.
  • Raisi has not traveled in the Gulf region since taking office in June, and it is only his fourth trip abroad

Qatar, Algeria sign agreement, executive program, two MoUs

MoUs were about legal and judicial cooperation in criminal matters and the establishment of political consultations and coordination between the...
  • MoUs were about legal and judicial cooperation in criminal matters and the establishment of political consultations and coordination between the two countries
  • The two countries also signed the executive program in the field of higher education, scientific and technological research

Russia has lists of Ukrainians ‘to be killed or sent to camps: US warns UN

The letter, which came as Washington warned of an imminent invasion by Russia, says the United States is "deeply concerned"...
  • The letter, which came as Washington warned of an imminent invasion by Russia, says the United States is "deeply concerned" and warns of a potential "human rights catastrophe."
  • The note, signed by Bathsheba Nell Crocker, US ambassador to the UN in Geneva, warns a Russian invasion of Ukraine could bring with it abuses such as kidnappings or torture

Lebanon electricity supply may rise to 8-10 hours a day soon

Gas from Egypt and Jordanian electricity is expected to help Lebanon restore electricity supply to 8-10 hours a day soon.
  • The Lebanese have been suffering a financial crisis that has led to power supply being restricted to a mere couple of hours per day
  • The country even witnessed an all-encompassing blackout in October last year as power-generating fuel ran out in the country

Arab Parliament condemns Israeli West Bank annexation statements

Cairo, Egypt -- Mohammed bin Ahmed Al Yamahi, President of the Arab Parliament, has strongly condemned and rejected the dangerous...

Company News

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NATO to buy ammunitions worth $1.2 billion amid Ukraine war

The latest deals -- signed with French firm Nexter and Germany's Junghans Microtec -- are estimated by officials to cover...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Up to 15,000 dead in Sudan’s Darfur town, UN experts say

The conflict has claimed more than 13,000 lives, according to a conservative estimate by the ACLED analysis group, on which...
  • Fighting has raged since last spring between army and rebel paramilitary RSF
  • The experts said paramilitaries and their allies "violated international humanitarian law"

Israel says 21 soldiers killed in deadliest day of ground war

"We worked to find the victims until the last hours," military spokesman Daniel Hagari said, indicating the difficulty in extracting...
  • Most of the soldiers were killed when rocket-propelled grenade fire hit a tank and a building they were trying to blow up
  • Israel's blistering offensive against Hamas in Gaza has killed 25,295 people,, according to the health ministry of the Hamas-run territory

Gaza activists urge voters to write ‘ceasefire’ on US primary ballots

A separate campaign is urging supporters to write Biden's name on the ballot in exactly the same manner that "Vote...
  • The group "Vote Ceasefire" says the effort allows Americans to give voice to their anger at the Democratic president over the mounting toll of civilian deaths in Gaza
  • "Vote Ceasefire" organizers have not indicated what kind of turnout would constitute a success for the campaign and it is unclear how much affect it will have