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

Sheikh Khaled and Prince William discuss global sustainability initiatives

Chairman of Abu Dhabi Executive Office Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and Prince William of the UK...
  • The two were briefed on Environment Agency - Abu Dhabi's (EAD's) ongoing work to protect the environment and enhance biodiversity.
  • The initiative marks Prince William's visit, aiming to establish the emirate as a leading global center for research and innovation.

Turkey eyes cooperation in agriculture sector with Iraq, says minister

Turkey wants joint cooperation with Iraq regarding the exchange of products, its Minister of Agriculture and Forestry Bekir Pakdemirli said....
  • Tuekey suffers from lack of water, climate change and migration for several reasons, including wars and clashes
  • Turkish minister discussed with the Iraqi Minister of Agriculture, cooperation in the agricultural field

Saudi fund signs debt deferral MoU with Cameroon

The debt deferral agreement has been signed in line with the G20 initiative of 2020 led by Saudi Arabia which...
  • Saudi Fund for Development has signed agreement to postpone the debt owed for development projects in Cameroon
  • The agreement signed between two party reschedules debt on Cameroon over a period of 6 years

12 injured in foiled Houthi drone attack on Saudi Arabian airport

Fragments fell to the ground after the interception of the drone over Abha International Airport, which has previously been targeted...
  • The Iran-backed insurgents, fighting a Saudi-led coalition since 2015, have frequently launched drone attacks at Saudi targets including airports and oil installations.
  • In recent months, they have also targeted the UAE with deadly cross-border attacks for the first time, after suffering a series of battlefield defeats.

Saudi Arabia, Pakistan sign MoU for cooperation on environment

The MoU was co-signed by the Minister of Environment, Water and Agriculture Eng. Abdulrahman Al-Fadhli and Pakistan Minister for Climate...
  • The MoU was co-signed by the Minister of Environment, Water and Agriculture Eng. Abdulrahman Al-Fadhli and Pakistan Minister for Climate Change Malik Amin Aslam
  • The envitronment aims at boosting joint action in the fields of developing green cover, combating desertification, planting trees, protecting the environment etc

Valid PCR requires to travel through King Fahd Causeway

The Police Directorate of Causeway has asked travelers to follow precautionary measures that are mandatory.
  • Those who have been fully vaccinated and have a valid PCR would be allowed to pass through King Fahad Causeway bridge
  • Violators caught in breach of law would be sentenced up to 10 years in jail and those provided assistance would also be charged

JBA head, Tunisian envoy discuss enhancing joint economic cooperation

According to a JBA statement it has helped promote joint investments and increase the volume of Jordan-Tunisia trade exchange.
  • According to a JBA statement it has helped promote joint investments and increase the volume of Jordan-Tunisia trade exchange
  • The two sides discussed joint cooperation in the sectors of garment, textiles, banking, contracting, traditional industries, transport, shipping, and pharmaceutical industries.

Iran Guards unveil missile said to put Israel within reach

The missile has a range of 1,450 kilometers (about 900 miles), runs on solid fuel, and is capable of penetrating...
  • The International Institute for Strategic Studies says Iran has about 20 types of ballistic missiles as well as cruise missiles and drones
  • Their capabilities vary, with the Qiam-1 having a range of 800 kilometers and the Ghadr-1 able to reach 1,800 kilometers

UN panel wraps up after Iraq pays $52.4bn for Kuwait invasion

A UN commission set up to obtain reparations from Iraq over the country's 1990 invasion of Kuwait submitted its final...
  • Iraq's Saddam Hussein ordered his army to invade Kuwait and seize what he described as "Iraq's 19th province" on August 2, 1990
  • The recipients of the war reparations included private individuals, companies, government organisations and other groups that suffered losses

Iran develops a missile that can reach up to Israel

Iran's Islamic Revolutionary Guard Corps on Wednesday announced the development of a surface-to-surface missile whose stated range would put arch...
  • The missile was named the Khaybarchekan after a victorious battle fought by the Prophet Mohammed in the seventh century
  • Armed forces chief of staff Mohammad Bagheri described it as a strategic, "long-range" missile

Israel expands Gaza campaign ahead of Netanyahu’s US visit

The intensified operations came after days of mounting calls for a ceasefire, with US President Donald Trump -- whom Netanyahu...

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Iran vows revenge after Guards die in Israeli strike

Iran's President Ebrahim Raisi vowed not to let the "cowardly assassination" go unanswered. Israel has been blamed for intensifying strikes...

US-led coalition base in Iraq hit by missiles

Al-Asad airbase was targeted by 15 rockets" fired from Anbar province, which is home to the military base, an Iraqi...

NASA loses contact with its mini-helicopter on Mars

WASHINGTON, US - NASA has lost contact with its tiny helicopter Ingenuity during the hard-working craft's 72nd flight, the space agency...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Iran launches research satellite, says minister

Iran's Revolutionary Guards launched a research satellite, a minister said, putting it into a higher orbit in a milestone for...
  • "The Soraya satellite of the Iranian Space Organization... was successfully launched with the Ghaem-100 satellite carrier of the Islamic Revolutionary Guard Corps," a report said
  • It cited Telecommunications Minister Issa Zarepour as saying that the satellite, which weighs about 50 kilograms (110 pounds), was put in orbit 750 kilometers above Earth

US carries out fresh strikes against Yemen’s Houthis

Washington is seeking to reduce the Iran-backed Houthis' capabilities, but the Yemeni rebels are still able to attack despite a week...
  • The air campaign against the Houthis began last week with American and British strikes on nearly 30 sites in Yemen using more than 150 munitions
  • Washington is also seeking to put diplomatic and financial pressure on the Houthis, re-designating them as a "terrorist" entity

5 dead in Israel strike on Syria targeting ‘Iran-aligned leaders’: monitor

The mid-morning strike, which caused a large plume of smoke to billow into the sky, was also reported by Syrian...
  • Targeted neighborhood is known to be a high-security zone home to leaders of Iran's IRGC and pro-Iran Palestinian factions
  • "They were for sure targeting senior members" of those groups, said Observatory director Rami Abdel Rahman