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

Israel’s economy minister visits Morocco to cement trade ties

The minister is visiting Rabat, economic capital Casablanca, and tourist hub Marrakesh as well.
  • Israel Economy Minister Orna Barbivai arrived in Morocco for a visit aimed at developing economic and trade ties
  • Rabat purchased Israeli defense technology after an a visit by the Israeli defense minister in November 2021

Moscow, Kyiv call for talks amid intense shellfire

Ukraine and Russia called for intensified diplomatic efforts Sunday to avert all-out war, each blaming the other for a sharp...
  • Macron and Putin then spoke for a second time late Sunday, the French presidency said
  • Macron and Putin then spoke for a second time late Sunday, the French presidency said. Washington is warning a Russian invasion of Ukraine is imminent

Qatar Red Crescent Society project in Kurdistan benefits thousands

QRCS Warm Winter campaign this year aims at meeting the food and winterization needs of around 42,040 families.
  • The purpose of the project is to empower the displaced Iraqis and Syrian refugees at camps and beyond.
  • This will help them to withstand the harsh conditions during the cold winter and improve their living conditions.

461m Dubai riders used taxis, public and shared transport in 2021

Nearly 461 million riders in Dubai used public transport, shared transport and taxis, which include metro, tram, public buses, marine...
  • Dubai’s Roads and Transport Authority (RTA) said the number compares well with the number announced in 2020: about 346 million riders.
  • The daily average of riders using mass transit means and taxis last year reached 1.3 million riders, compared to about 948,000 in 2020.

Jordan apprises US delegation of trade opportunities in kingdom

A workshop held by the JCC and working meetings with a number of ministers and representatives of official entities, universities...
  • The joint cooperation is to support economic cooperation, scientific research and joint business development
  • The delegation met King Abdullah, and was briefed on trade and investment opportunities in the Kingdom

Iran MPs demand Western guarantees in nuclear talks

Iranian MPs urged the government Sunday to secure Western guarantees at Vienna talks to restore the 2015 nuclear deal, state...
  • In a letter addressed to President Ebrahim Raisi and read at parliament, 250 MPs out of the 290-strong assembly, set out several conditions for reaching a deal.
  • It came amid growing signs over the weekend that a deal could be struck between Iran and world powers, including the United States.

Saudi Arabia looks to start fifth round of direct talks with Iran

Saudi Arabia may initiate another round of direct talks with Iran despite a “lack of substantive progress” in previous rounds.
  • Prince Faisal said if the 2015 nuclear pact was revived that should be “a starting point, not an end point” in order to address regional concerns
  • Iranian Foreign Minister Hossein Amir Abdollahian said his country was “ready to achieve a good deal at the earliest possible time"

Israel sees Iran nuclear deal ‘shortly,’ warns it will be weaker

Israeli Prime Minister Naftali Bennett , who has been a staunch opponent of the 2015 deal, said his country will...
  • The 2015 Iran nuclear agreement offered Tehran sanctions relief in exchange for curbs on its nuclear program.
  • But the United States unilaterally withdrew in 2018 under then-president Donald Trump and reimposed heavy economic sanctions.

Bahrain government launches scheme to extend health services to citizens

Bahrain government has launched a health scheme, “Medic in Every Home”, aimed at extending health services and reaching out to...
  • The project aims to enhance Bahrain’s rating on the third and fourth Sustainable Development Goals and increase the survival rate of the injured.
  • Medic in Every Home was one of the three innovative ideas which were declared winners of the third edition of the Government Innovation Competition (Fikra).

UAE warns of drone threat as Abu Dhabi conference starts

The UAE warned Sunday of the rising threat of drone attacks, such as those launched against it by Yemen's Houthi...
  • The Unmanned Systems Exhibition (UMEX) kicked off in Abu Dhabi, with regional and Western military and industry representatives
  • The UAE is part of a Saudi-led military coalition that has been fighting in Yemen since 2015 to support the government against Iran-backed Houthi rebels

Japan plans ‘world first’ deep-sea mineral extraction from Jan

Tokyo, Japan -- Japan will from January attempt to extract rare earth minerals from the ocean floor in the deepest...

Company News

Latest News

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...

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...

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

Most Read

Israel proposes pause in Gaza fighting to secure hostage deal

The US news site Axios reported, citing unnamed Israeli officials, that the deal would take place in multiple stages, the...
  • The deal would also see the release of a number of Palestinian captives
  • The proposal does not include promises to end the war in the Gaza Strip

Israeli strikes kills 200 in Lebanon since Gaza war began

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, with a high school damaged in Taybeh near the Israeli border.
  • More than 83,000 Lebanese have been forced to flee their homes since hostilities began, according to the International Organization for Migration.

Israel pounds Gaza as Netanyahu rejects hostage release deal

Abdelrahman Iyad, wounded in Gaza and now being treated aboard the French helicopter carrier Dixmude, docked in Egypt, said he...
  • While fighting is concentrated in the south it has not ended in the north, where Hamas authorities reported shelling in the Gaza City area and witnesses heard explosions.
  • UN agencies have warned of famine and disease as Gazans, at least 1.7m of whom are displaced, struggle with shortages of water, medical care during bombardments.