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

After trade push, Turkey pledges 15m Covid-19 vaccines for Africa

Turkey has invested heavily in developing trade and diplomatic ties with Africa under Recep Tayyip Erdogan since 2003.
  • Turkey is developing its own vaccine, known as Turkovac, which is in the process of receiving emergency use approval
  • Following any authorization, it will be shared with Africa, President Recep Tayyip Erdogan has said

Morocco says it has foiled IS terror plot with US help

The Moroccan authorities also arrested an alleged supporter of the outlawed organization, saying it was ‘the culmination of close collaboration’...
  • A suspect arrested in connection with the plot was said to be an extremist belonging to the so-called Islamic State group
  • The 24-year-old was said to be hailing the Sala Al-Jadida region north of the Moroccan capital of Rabat

Iraq works with Belarus to drop fines on refugees stranded on border

The feat is said to have been achieved due to efforts from Iraq’s embassy in Moscow and ‘in coordination’ with...
  • An evacuation flight returned to the country from Belarus on Friday carried 258 Iraqis
  • Iraq has so far managed to bring back 3,817 of its citizens from Belarus over 10 trips

UN Secretary-General on state visit to Lebanon

The reports said that he will pay tribute to the victims of the Beirut Port blast, and also undertake field...
  • UN Secretary-General will meet with Government officials including President Michel Aoun, Speaker Nabih Berri, and Prime Minister Najib Mikati
  • Antonio Guterres will travel to southern Lebanon to visit the UN Interim Force in Lebanon and tour parts of the Blue Line

Cyprus, Jordan sign bilateral deals, discuss regional developments

Jordan's King Abdullah II paid an official visit to Cyprus on Friday for talks with President Nicos Anastasiades, during which...
  • The two leaders discussed bilateral relations, as well as climate change and efforts to combat Covid-19
  • The agreements covered issues including double taxation and the extradition of fugitives

Lebanon crisis exposes 1 million children to violence: UN

Lebanon's spiraling economic crisis is causing abuse against children to soar and is putting one child out of two at...
  • One in two children in Lebanon is at serious risk of physical, emotional, or sexual violence, as families struggle to cope in the country’s deepening crisis, UN said.
  • New threats against children were appearing such as "destitute families abandoning babies in the streets and children facing increased risk of abduction".

UAE and US discuss regional, defense issues at annual Joint Military Dialogue

Top UAE and US military officials discussed regional and defense issues in Washington as part of the annual Joint Military...
  • Top military officials of the two countries also discussed counterterrorism and international maritime security.
  • The discussion was part of the annual Joint Military Dialogue.

Plan to support 1.6 million Palestinians in 2022 in Gaza and West Bank launched

A $510 million Humanitarian Response Plan was launched on Thursday to support 1.6 million of the most vulnerable people in...
  • The plan was launched by the Humanitarian Coordinator for the occupied Palestinian territory, Lynn Hastings.
  • The needs analysis on which the Plan is based estimates two in every five Palestinians will require some sort of humanitarian assistance in 2022.

US hits China with new trade curbs, sanctions over Uyghur rights

The United States on Thursday unleashed a volley of actions to censure China's treatment of the Uyghur minority, with lawmakers...
  • The US Senate unanimously voted to make the United States the first country to ban virtually all imports from China's Xinjiang region over forced labor concerns
  • Rights experts, witnesses and the US government say more than one million Uyghurs and other Turkic-speaking Muslims are incarcerated in camps

Deadline set for Iran reparations for downed Ukraine flight

The Canada-led International Coordination and Response Group had repeatedly asked Iran to meet in November to negotiate redress, but got...
  • The Canada-led International Coordination and Response Group had repeatedly asked Iran to meet in November to negotiate redress, but got no reply
  • Nearly two years after the crash, the group said Iran continues to demonstrate an "apparent reluctance" to come to the table

Oil slides, stocks rise as Iran-Israel ceasefire holds

The main international and US oil contracts briefly bounced off their lows as Israel and Iran accused each other of...

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Blinken tells Abbas US backs ‘tangible steps’ for Palestinian state

Blinken "underscored the United States' position that all Palestinian tax revenues collected by Israel should be consistently conveyed to the...

Palestinian journalist freed from Israeli custody abused: report

Footage of the men, including Kahlout, stripped down to their underwear, with some of them appearing to hand over weapons,...

Jordan king to host Sisi, Abbas for Gaza talks: palace

King Abdullah, in a meeting Sunday with US Secretary of State Antony Blinken, called on the United States to press...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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UAE and Azerbaijan presidents pledge to boost ties

Baku, Azerbaijan-- The UAE and Azerbaijan have discussed ways to enhance cooperation in renewable energy, environmental protection, culture, education, and...
  • The two countries resolved to ramp up ties in economics, development, renewable energy, environmental protection, culture, education, and other areas
  • The meeting between the two presidents also addressed the upcoming UN Climate Change Conference (COP29) to be hosted by Azerbaijan this year

Hizbollah targets Israeli base in revenge attack

In a statement, Hizbollah said that it targeted the "enemy's northern command centre" in the Israeli city of Safed with...
  • Israel said that a "hostile aircraft" had crashed at one of its bases in the north
  • Violence has killed more than 185 people in Lebanon, including 140 Hizbollah fighters

Top global leaders to attend WEF meet amid Gaza, Ukraine war

Paris, France - US Secretary of State Antony Blinken, Israeli President Isaac Herzog and Middle East leaders will attend a World...
  • Blinken and US National Security Advisor Jake Sullivan will be among 2,800 participants at the forum, including more than 60 heads of state and government.
  • Argentina's libertarian new president, Javier Milei, French President Emmanuel Macron and Chinese Premier Li Qiang will also participate in the forum.