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

Qatar to host gas exporters summit as Ukraine crisis simmers

The US has sought the help of its close ally Qatar in providing emergency supplies if pipelines to Western Europe...
  • Russia, Iran and Qatar are key members of the forum. Two other exporters, the US and Australia, are not part of the group.
  • The GECF says its 11 members and seven associate countries account for 70 percent of proven gas reserves and 51 percent of global liquefied natural gas exports.

Israel says Syria fired anti-aircraft missile during reported Israeli strike

Syrian state television reported an Israeli strike around Damascus.
  • Syrian state television reported an Israeli strike around Damascus
  • Israel has not confirmed it carried out any missile strike against Syria

DEWA first in the world to win 8 stars in EFQM Innovation Lens

Dubai Electricity and Water Authority (DEWA) has achieved 8 stars level in the European Foundation for Quality Management (EFQM) Innovation...
  • DEWA achieved a score of 800 on this award that measures innovation culture and its role in achieving results in leading organizations worldwide.
  • DEWA made many achievements in the field of excellence in 2021, including winning the Sheikh Khalifa Excellence Award (SKEA) in the Elite Category.

UAE and Belgium look to boost security ties

The UAE and Belgium have signed a memorandum of understanding (MoU) in order to strengthen cooperation in the fields of...
  • The UAE was represented by Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior
  • The memorandum is aimed at stepping up joint cooperation between the two countries, developing bilateral relations in the security and police fields

Israel PM vows action as police Pegasus spying scandal widens

The latest bombshell from business daily Calcalist alleged that Pegasus was used against a son of former premier Benjamin Netanyahu...
  • Calcalist had previously reported that the controversial malware was used by police against leaders of an anti-Netanyahu protest movement.
  • Pegasus is at the center of a months-long international scandal following revelations that it was used by governments worldwide to spy on activists, politicians, journalists.

Libya searches for a candidate to replace interim PM

Libya's parliament on Monday began hearings of hopefuls to replace interim prime minister Abdulhamid Dbeibah, a process that could spark...
  • Dbeibah's government took power a year ago with a mandate to lead Libya to December elections aimed at dragging the country out of a decade of conflict
  • Libya has seen a decade of conflict since the 2011 revolt that toppled dictator Moamer Kadhafi, leaving a patchwork of militias vying for control over an oil-rich country

US to help UAE stop drone attacks

This comes amid recent attacks on the UAE by Houthi rebels from Yemen, which have prompted global condemnation.
  • General Kenneth F McKenzie, head of the US Central Command is on an official visit to the UAE
  • He said the US was working with the UAE to develop more effective solutions to stop drone attacks

US says Iran nuclear deal ‘in sight’ but urgent need to finalize

Former US president Donald Trump unilaterally withdrew from the Iran nuclear deal in 2018, and reimposed tough economic sanctions on...
  • The negotiations for the nuclear deal are resuming in Vienna after being halted at the end of last month
  • They will be attended by China, France, Germany, Russia, United Kingdom, Iran, and the United States

Abbas loyalists win top leadership post at PLO

According to analyst, PLO is loosing its popularity among Palestinian people as many are frustrated over its failures to hold...
  • Rawhi Fattouh was elected to chair the PLO's parliament, while Hussein al-Sheikh and Mohamed Mustafa take executive committee seats
  • New PLO secretary general and chief negotiator with Israel, the two key posts held by Saeb Erekat who died in 2020 of Covid-19 remain vacant

WIPO and Qatar sign pact to promote Intellectual Property education

The World Intellectual Property Organization (WIPO) in collaboration with Hamad Bin Khalifa University (HBKU) will now promote education in intellectual...
  • The World Intellectual Property Organization and Hamad Bin Khalifa University will collaborate for IP law teaching.
  • The WIPO will provide expertise under the terms of the agreement.

Gaza mourns those killed in Israeli strike on seafront cafe

Once a bustling seafront spot where young people could hope for a rare respite from war, Gaza City's al-Baqa cafe...

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Hamas rejects US president’s comment on two-state solution

A senior Hamas official dismissed comments by US President Joe Biden about the possibility of Israel agreeing to the establishment...

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...

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

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Israel to allow flour shipments for Gaza through key port: US

Three UN agencies -- the World Food Program (WFP), UNICEF and the World Health Organization (WHO) -- pushed for the...
  • The move comes days after the UN called on Israel to allow access to the port for the urgent delivery of humanitarian aid for Gaza
  • US teams would "separately work on options for more direct maritime delivery of assistance into Gaza," the Whit House statement said

Israel bombards Gaza’s south as leaders discuss post-war future

Netanyahu has said Israel expects the war to continue for months, but his comments on Thursday rejecting a so-called two-state...
  • Witnesses said the Israeli bombardment was again focused overnight on Khan Yunis, the largest city in Hamas-controlled Gaza's south
  • Biden and Netanyahu held their first call since December 23 a day after the Israeli leader reiterated his rejection of any form of Palestinian sovereignty

US drone crashes in Iraq, Islamic resistance fighters claim hit

US and allied forces in Iraq and Syria have been hit by some 140 attacks since mid-October, according to the...
  • "A US UAV crashed near Balad airbase, Iraq" on Thursday night local time, a US defense official said, without identifying the type of drone that was lost
  • The Islamic Resistance in Iraq said Friday that it fired on a US MQ-9 which was operating over Iraq the day before