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

Morocco backs UN talks on Western Sahara as new envoy visits

Staffan de Mistura, a former UN envoy to Syria, met the North African kingdom's top diplomat Nasser Bourita in Rabat,...
  • Staffan de Mistura, a former UN envoy to Syria, met the North African kingdom's top diplomat Nasser Bourita in Rabat, the foreign ministry said
  • De Mistura is later expected to visit Morocco's arch-rival Algeria, which backs the Polisario Front seeking independence in Western Sahara

US says only ‘a few weeks left’ to save Iran nuclear deal

Talks to restore the 2015 accord between Tehran and world powers -- United States, France, Britain, Russia, China, and Germany...
  • According to Secretary of State Antony Blinken, Tehran has made nuclear advances that "will become increasingly hard to reverse
  • The 2015 deal offered Iran much-needed relief from sanctions that have crippled its economy, in return for curbs on its nuclear program

China wants greater GCC role in global, regional affairs

GCC Secretary-General Naif Falah Al-Hajraf and Chinese State Advisor and Minister of Foreign Affairs, Wang Yi, also agreed on a...
  • In a joint statement, the Chinese side is said to have praised the GCC’s achievements since its inception 40 years ago
  • The two sides concurred on the completing negotiations on the free trade agreement between the GCC and China as soon as possible

DEWA invites people to live coverage of its nanosatellite launch

The U3 nanosatellite was designed and developed at DEWA’s R&D Centre
  • The satellite will be launched by SpaceX Falcon 9 rocket from Cape Canaveral Space Launch Complex (SLC-40) in Florida, USA.
  • MD & CEO of DEWA Saeed Mohammed Al Tayer will attend the launch along with officials from DEWA, SpaceX, and NanoAvionics.

EU expects more GCC investors for its special program: Official

On 12th October 2021, the European Commission issued its first-ever NextGenerationEU green bond
  • The program is a temporary recovery instrument to help Europe repair the immediate economic and social damage brought about by COVID-19.
  • Since June 2021, the European Commission has rolled out five issuances and raised around €71 billion in long-term EU-Bonds, and short-term EU-Bills

Iranian teachers demonstrate in several cities against pension reforms

Hundreds of teachers on Thursday rallied in several Iranian cities to denounce the slow implementation of salary and pension reforms,...
  • In Gilan province on the Caspian Sea coast, around 150 teachers marched in the city of Rasht, while another 70 did so in Lahijan, the state broadcaster reported.
  • The protesters are demanding that the government move more quickly on a planned grading system for teachers based on experience and performance.

Tunisia’s Ennahdha urges Friday protests, defying Covid ban

Tunisia's  Ennahdha party has reiterated calls for demonstrations on Friday marking the anniversary of the country's revolution, defying tightened coronavirus...
  • Ennahdha is the biggest party in a parliament that was suspended by President Kais Saied in July 2021, and has staged a string of protests against the premier.
  • The party had last week called for rallies on Friday to mark the 2011 fall of dictator Zine El Abidine Ben Ali in a revolt that sparked copycat uprisings in several Arab countries.

Germany convicts Syrian ex-colonel in ‘historic’ torture trial

Anwar Raslan, 58, was found guilty of overseeing the murder of 27 people at the Al-Khatib detention center in Damascus,...
  • Prosecutors had accused him of overseeing the murder of 58 people and the torture of 4,000 others at the center, but not all of the deaths could be proven.
  • Presiding judge Anne Kerber said the Syrian regime had resorted to "violence" and "the heavy use of munitions" to suppress protests that erupted in March 2011.

FANA flays attempts to block info on Palestine, approves 2022 budget

The Federation of Arab News Agencies (FANA) has stressed on the significance of the Palestinian cause and flayed the attempts...
  • The next general assembly of FANA will be held in Abu Dhabi on November 15-17 this year, coinciding with the Global Media Congress.
  • News agencies of Jordan, UAE, Bahrain, Sudan, Oman, Kuwait, Lebanon, Iraq, Mauritania, Yemen, Qatar, Tunisia, Palestine and Libya attended.

Jordan calls on donors to fund national water carrier project

Jordan is the second-most water scarce country in the world, according to Unicef.
  • The project is aimed to be able to provide "sufficient and sustainable" desalinated water
  • It will produce an estimated 300 million cubic meters of water annually to cover Jordan’s needs

Israel FM says world has ‘obligation’ to stop Iran getting nuclear bomb

Israel's foreign minister said Friday the world was obliged to stop Iran developing an atomic bomb, days after Israel claimed...

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Saudi Arabia, China ink MoU in accounting and auditing

RIYADH, SAUDI ARABIA – The Kingdom and the People’s Republic of China signed on Monday in Beijing a memorandum of...

Record demand for Dubai luxury homes despite rising prices

Dubai, UAE - Dubai saw record-breaking sale prices throughout 2023, with super-luxury residences selling for up to US$4,000 (AED14,692) per...

World’s five richest men doubled their fortunes since 2020: Oxfam

A report from the charity, published as the global elite hobnob at the World Economic Forum in Davos this week,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Fresh Israeli bombardment across Gaza kills dozens

Gaza's health ministry said that more than 60 people were killed and dozens wounded in "intense" strikes and artillery fire...
  • The latest strikes hit Khan Yunis and Rafah and areas around Gaza City
  • The UN says fighting has displaced roughly 85% of the territory's population

China says ‘firmly opposed’ to all official US-Taiwan exchanges

"China has always firmly opposed any form of official exchanges between the United States and Taiwan, and resolutely rebutted the...
  • China regards democratic Taiwan as part of its territory and has vowed to one day bring it under its control, by force if necessary
  • It does not keep diplomatic relations with countries that formally recognize Taiwan as an independent state

US downs missile fired from Yemen at American warship

The Houthis have said they are acting in solidarity with the besieged Gaza Strip, where Hamas fighters have been battling...
  • Houthi media said US and British strikes had hit rebel-held Hodeida
  • According to CENTCOM, the Houthi missile was shot down by US fighter aircraft