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

High gas prices to hit demand in 2022: International Energy Agency

IEA said the demand for natural gas is expected to fall sharply in Europe and slow in Asia. Gas demand...
  • Consumption grew by 4.6 percent last year, more than double the decline experienced as the pandemic emerged in 2020, said the agency.
  • How demand will fare in the short-term will depend on the weather during the northern hemisphere's heating season, the IEA said in a report.

Oman, Finland explore boosting trade, investment cooperation

The meeting explored the available opportunities in the two countries, particularly in the fields of tourism, industry, research, mining and...
  • The meeting explored the available opportunities in the two countries, particularly in the fields of tourism, industry, research, mining and economic diversification sectors
  • An agreement of cooperation was signed by companies from both countries, which will contribute in the transfer of knowledge and grooming the skills of Omani youth

UAE intercepts, destroys ballistic missile launched by Houthis

The UAE Ministry of Defence gas confirmed there were no casualties resulting from the attack and the fragments of the...
  • The attack comes exactly a week after missiles launched by the Houthi in Yemen targeted the UAE and Saudi Arabia
  • It also comes exactly two weeks after at least three people were killed in a Houthi attack on the UAE capital of Abu Dhabi

Bahrain foreign minister, Turkish counterpart discuss ties

Dr. Al Zayani welcomed his Turkish counterpart, praising the friendly relations between the two countries.
  • Dr. Al Zayani welcomed his Turkish counterpart, praising the friendly relations between the two countries
  • ÇavuÅŸoÄŸlu hailed the friendly relations between the two countries, stressing the keenness of Turkey to improve relations and cooperation

Israel strikes on Hezbollah near Damascus

Israel has carried out hundreds of air strikes on Syrian territory since 2011, targeting government positions as well as Hezbollah...
  • Syrian state media has reported that the air strike by Israel caused only material damage, without detailing the intended target.
  • A war monitor reported that the casualties are believed to have taken place but it did not offer a toll

Situation may explode in Palestine if talks don’t resume: Arab League

The Palestinian people would not stand still for a long time and the situation could blow up, Abu-Gheit said at...
  • The Palestinian people would not stand still for a long time and the situation could blow up, Abu-Gheit said at a news conference
  • He urged the international community, "not only the United States", to press Israel to return to peace talks

Portugal re-elects PM Antonio Costa with majority

Under PM Costa's watch, Portugal has the highest immunization rate against Covid-19 in Europe, maintained fiscal discipline, increased the minimum...
  • The Socialists received 41.7 percent of the vote giving it 117 seats in the 230-seat parliament, up from 108 in the outgoing assembly
  • The early election came as the nation of around 10 million people tries to boost its tourism-dependent economy

UAE deputy PM attends ‘Arab Gulf Security 3’ exercise in KSA

Deputy Prime Minister and Minister of the Interior of the UAE Lt. General Sheikh Saif bin Zayed Al Nahyan attended...
  • Participants in the exercise implemented security scenarios in detail, which has proven the success of this joint GCC mobilization
  • Increasing the level of coordination, readiness, and preparedness among security forces were also discussed in the exercise

Algeria accuses Morocco of ‘assassinating’ civilians in Western Sahara

Algeria's special envoy for the Western Sahara on Sunday accused Morocco of "assassinations targeting civilians" outside its "internationally recognized borders",...
  • The Western Sahara dispute pits Morocco against the Algeria-backed Polisario Front, which fought a war of independence with Rabat from 1975 to 1991.
  • Morocco has called for negotiations to involve not only the Polisario, but also Algeria and Mauritania.

Arab countries review Lebanon’s response to proposal to ease row

Kuwait said Sunday that a Lebanese response to a list of suggested measures to ease a diplomatic rift with Gulf...
  • Kuwaiti Foreign Minister Sheikh Ahmed Nasser al-Mohammed Al-Sabah said that receiving the response was a "positive step by the Lebanese authorities"
  • Kuwait recalled its ambassador from Beirut and also asked Beirut's charge d'affaires to leave the emirate

Iran voices ‘serious doubts’ over Israel commitment to ceasefire

"We have serious doubts over the enemy's compliance with its commitments including the ceasefire, we are ready to respond with...

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Digital rights of Palestinians, supporters widely violated: Report

“Those developments had a significant impact on the digital world, freedom of speech, privacy, and security, leading to a deterioration...

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...

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

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China says willing to mediate between Pakistan and Iran after strikes

"The Chinese side sincerely hopes that the two sides can exercise calm and restraint and avoid an escalation of tension,"...
  • Tehran said it had summoned the Pakistani charge d'affaires in response to the attack, which killed at least seven people
  • Nuclear-armed Pakistan and neighbouring Iran are both battling simmering insurgencies along their sparsely populated border regions

Pakistan strikes ‘terrorist hideouts’ inside Iran

Iran and Pakistan routinely blame each other for allowing militants to operate from the other's territory to launch attacks, but...
  • Iranian media reported three women and four children were killed in the attack
  • The attack comes after Iran confirmed hitting "a terrorist group" late Tuesday in Pakistan

US, UK launch new strikes on Houthi targets in Yemen

A Houthi military official told the rebels's Al-Masirah TV that fighters will continue to target Israeli ships heading to "the...
  • Houthi rebels vowed to continue attacking shipping in the Red Sea in support of Palestinians
  • The US and Britain attacked nearly 30 sites in Yemen with more than 150 munitions last week