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

UN extends its Libya mission for three months

The UN Security Council on Monday adopted a British-drafted resolution extending its political mission in Libya for just three months,...
  • The extremely short text, which was adopted unanimously, provides for a continuation of the mission until April 30. An earlier version had taken the mission until September 15
  • Moscow, which favored a short renewal of the UNSMIL mission, threatened to use its veto and even went as far as proposing a counter-draft to the British text last week

Israel apartheid state, usurps rights of Palestinians: Amnesty

A year ago, the Israeli-based human rights group B'Tselem drew fire when it asserted that Israeli policies had been designed...
  • New York-based Human Rights Watch in April last year became the first major international rights group to publicly accuse Israel of 'apartheid' crimes.
  • Amnesty urged UN Security Council to "impose targeted sanctions, such as asset freezes, against Israeli officials most implicated in the crime of apartheid".

KSA, Iraq sign MoU on agricultural, livestock, fisheries cooperation

The MoU was concluded during the preparatory and ministerial meetings between the two sides.
  • The MoU was concluded during the preparatory and ministerial meetings between the two sides
  • The two countries discussed issues of common concern in the fields of environment, water, agriculture, and food security

Qatar emir meets Biden in shadow of Ukraine tensions

The move underscores the Qatar’s strategic importance, including in a scramble to shield European allies from potential Russian energy cutoffs.
  • US President Joe Biden recognized Qatar's place in the US military's global footprint: It hosts Pentagon's Central Command and a huge airbase
  • Biden also announced he was designating Qatar a “major non-NATO ally,” which opens the door to closer military and commercial ties

Libya parliament sets date to replace PM

Libya's parliament announced Monday it would meet next week to pick a replacement for interim Prime Minister Abdelhamid Dbeibah. The...
  • The UN has been helping move the North African country past a decade of chaos following the 2011 NATO-backed uprising that toppled dictator Moamer Kadhafi
  • Dbeibah's government had a mandate to lead the country to December 24 elections -- in which he was a candidate despite having committed to not running

Committed to two-state solution, US tells Palestine

US Secretary of State Antony Blinken spoke with Palestinian Authority President Mahmoud Abbas on Monday, January 31.
  • The two parties discussed the importance of strengthening the US relationship with the Palestinian Authority
  • They also discussed the need to improve the quality of life for Palestinians in tangible ways

US condemns missile attack on the UAE

The United States has condemned the Houthi missile attack on the UAE. On Monday morning, the UAE air defense forces...
  • The Ministry of Defense said in a statement that "there were no casualties resulting from the attack, and the fragments of the ballistic missile fell outside of populated areas"
  • "We condemn the latest Houthi missile attack on Abu Dhabi," tweeted Edward Price, the Spokesperson for the US Department of State

Emir of Qatar to meet US President in Washington

US President Joe Biden will build on attempts to ensure energy back-up for European allies when he hosts Qatar's emir...
  • Sheikh Tamim bin Hamad al-Thani will be the first Gulf state leader to visit Biden since he became president just over a year ago
  • In addition to meeting Biden, the sheikh will meet with Defense Secretary Lloyd Austin, Secretary of State Antony Blinken, members of Congress and other officials

Lebanon busts 17 suspected Israeli ‘spy networks’ during crackdown

Lebanon said Monday it had busted at least 17 suspected Israeli spy networks, in one of the largest nationwide crackdowns...
  • Information minister Abbas Halabi said the rings operated both "locally and regionally, without elaborating.
  • Between April 2009 and 2014, Lebanese authorities detained more than 100 people accused of spying for  Israel.

Bahrain first to receive newest Lockheed Martin F-16 simulators

Bahrain will receive F-16 simulators produced by Lockheed Martin to train pilots for national defense missions under a new agreement,...
  • Bahrain was the first country in the Gulf region to acquire the F-16 and the first in the world to procure the advanced F-16 Block 70.
  • To date, more than 4,500 F-16s have been produced, with approximately 3,000 F-16s operating today in 25 countries.

Netanyahu eyes hostage breakthrough as Gaza families mourn victims

His comments lifted hope for a new ceasefire in the devastating conflict in the Palestinian territory, after US President Donald...

Company News

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UAE ranks first in Arab world in labor-resilient countries, says report

Dubai, UAE - Against the backdrop of the World Economic Forum in Davos, Whiteshield announces the release of the Global Labor...

Turkish club send Israeli player to Maccabi Tel Aviv after Gaza controversy

ISTANBUL, TURKEY -  Turkish first division club Basaksekir on Thursday sent Israeli midfielder Eden Karzev on loan to Maccabi Tel Aviv following...

24,620 Palestinians killed in Gaza as Israel continues bombardment

In the occupied West Bank, where violence has soared alongside the war in Gaza, an Israeli raid continued into a...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Diversification of energy sources needed to meet demand: Saudi minister

Davos, Switzerland -- The Saudi Minister of State for Foreign Affairs, Cabinet's member, and Climate Affairs Envoy, Adel bin Ahmed...
  • Adel bin Ahmed Al-Jubeir said Saudi Arabia aims to become the top exporter of energy, not only of oil.
  • He highlighted the Kingdom’s dedication to collaborating with other countries to reduce emissions and address the challenges of climate change.

WHO official terms Gaza hospitals in ‘rapid deterioration’

Emergency medical team coordinator Sean Casey said that during some five weeks he spent in Gaza, he saw hospital patients...
  • WHO official saw patients "waiting to die in a hospital that has no fuel, no power, no water"
  • Hospitals are facing a deluge of patients while operating with minimal staff, the official said

Turkey’s Tosyali plans $5bn investment for steel plant in Saudi Arabia: report

Riyadh, Saudi Arabia - Turkish-based Tosyali Holding is making nearly $5 billion investment in a new steel plant in Saudi...
  • The investment is part of Tosyali Holding's broader expansion strategy, which encompasses ventures in Algeria, Angola, Senegal, and Spain
  • In line with their renewable energy efforts, Tosyali Holding plans to boost its solar output from the current 240 megawatts to 2,500 megawatts