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

Barter best payment method in Iran-Pakistan trade: Official

The Secretary-General of Iran-Pakistan Joint Chamber of Commerce Fahimeh Damroudi said that barter is the best choice of exchange as...
  • Iranian President Ebrahim Raisi has repeatedly underlined the importance of trade development with neighbors.
  • Iran's foreign trade reached $72.1 billion during the first nine months of the Iranian calendar year.

UAE’s Day 1 at UN Security Council: Vows peace building, inclusion

Besides the UAE, Albania, Brazil, Gabon and Ghana formally took up the posts they won in an election in June....
  • The Security Council president, which rotates each month, sets the Council’s agenda and chairs the Council’s standing committees.
  • The 15-member council is the UN’s most powerful body. China, France, Russia, the UK and the US are permanent members, with veto power.

Saudi-led coalition threatens Yemen’s rebel-held ports

A Saudi-led military coalition threatened Tuesday to target Yemen's rebel-held ports after Huthi fighters seized a UAE-flagged ship -- unless...
  • On Monday, the pro-Iran Shiite Huthi rebels based in the key Red Sea port of Hodeida seized the Emirati-flagged Rwabee ship claiming it contained military materials.
  • Saudi Arabia intervened in Yemen's war in 2015 to support the internationally-recognized government against the Huthis.

Hunger-striking Tunisia politician fighting for life: Supporters

Tunisian former justice minister Noureddine Bhiri, who has been refusing food or medication since his arrest last week, was arrested...
  • A member of Bhiri's support committee said the former minister was suffering from kidney problems, as well as a longstanding heart condition and diabetes.
  • The Ennahdha party, of which Bhiri is deputy chairman, played a central role in Tunisian politics until a power grab by President Kais Saied last year. 

OIC reiterates its unwavering support for Palestine

Organization of Islamic Cooperation is the second-largest inter-governmental organization after the UN.
  • OIC secretary general received Palestine Permanent Representative to the OIC at the headquarters of the General Secretariat
  • Representatives from both side discussed the recent political developments in Palestine, among other things

Qatar Charity signs $500k UNHCR deal to support Yemen refugees

After more than six years of the conflict in Yemen, it remains the largest humanitarian crisis in the world, with...
  • As a result of this contribution, UNHCR will be able to provide urgently assist more than 2,000 families — around 12,252 people
  • It is expected to be done through the distribution of relief items which includes blankets, kitchen sets, and solar lamps

Iraq’s pro-Iran Hashed take centre stage in soft power play

The events of the play stretch from the dawn of time to more recent events including Washington's killing of Iranian...
  • The events of the play stretch from the dawn of time to more recent events including Washington's killing of Iranian general Qasem Soleimani
  • Iran and its allies across the Middle East have in recent days held emotional commemorations for Soleimani

Lebanon currency falls further as leadership placates Saudi Arabia

The midmarket rate for the Lebanese pound is around 1,500 to the dollar, but the reality on the ground is...
  • The local currency is now trading at more than 30,000 to the dollar in the black market
  • It has lost more than 95 percent of its purchase power since end-2019 as the economy sags

US military coalition hits rocket launch sites in Syria

None of the three attacks in less than 48 hours resulted in casualties but came as Iraq marked the second...
  • A day after of the second anniversary of the Iranian General Qassem Soleimani's killing, the US-led coalition foiled a rocket attack in Syria
  • A US base called Green Village was the target of rockets where Daesh fighters are still active and where US forces continue to cooperate with the SDF

Taliban put victory over United States on display

On display in the Governor's compound of Ghazni province is a concrete slab is inscribed with the names and regiments...
  • Taliban forces took the city of Ghazni province three days before the capital fell on August 15.
  • Rusting hulks of destroyed American armored vehicles are also on display, their weapons removed, their tires flat and frayed.

WHO delivers its first medical aid to Gaza since March 2

The shipment of supplies, plasma and blood will be distributed among hospitals in the Palestinian territory in the coming days,...

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Gaza couple celebrate wedding amid war and destruction

Rafah, Palestinian Territories - Surrounded by family and friends, clapping and cheering, Gaza woman Afnan Jibril beams a brilliant smile on...

Palestine’s Asian Cup team seeks to ‘put smile’ on their compatriots

Doha, Qatar - The Palestinian team hope to reach the knockout stage of the Asian Cup for the first time to...

Saudi Arabia to highlight role in dealing with global challenges at WEF meet

RIYADH, SAUDI ARABIA – Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef said that the Kingdom’s participation in the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Turkey bombs ‘terrorist targets’ in Iraq and Syria

The Turkish ministry said the strikes had targeted 29 locations including "caves, bunkers, shelters and oil installations" belonging to the...
  • "Air operations were carried out on terrorist targets in the regions of Metina, Hakurk, Gara and Qandil," the ministry said in a statement
  • Turkish soldiers were killed during clashes that followed an attempted intrusion at the base near the northern Iraqi city of Metina, the ministry said

US sanctions Hong Kong, UAE firms over Houthi support

The move comes hours after US and UK forces launched strikes against the Houthi rebels, seeking to halt their repeated...
  • The two companies designated on Friday by the US Treasury Department were Hong Kong-based Cielo Maritime and UAE-based Global Tech Marine Services
  • They were said to have shipped Iranian commodities on behalf of the network of Houthi financial facilitator Sa'id al-Jamal, said the Treasury

Egypt denies suspending navigation through Suez Canal

Cairo, Egypt - Egypt Saturday said that navigation movement in the canal is regular from both directions, Chairman of the...
  • Dollar revenues from Egypt's Suez Canal have experienced a 40 percent decline since the beginning of the year compared to 2023
  • The Suez Canal is a crucial source of foreign currency for Egypt, and efforts have been made to boost revenues, including the ongoing expansion of the canal