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

Qatar, Turkey sign 11 new agreements

The signing is to take place at the 7th session of the Supreme Strategic Committee between the two countries.
  • The signing is to take place at the 7th session of the Supreme Strategic Committee between the two countries
  • Qatar is also working alongside Turkey and the interim government of Afghanistan to reach an agreement to restart the normal operation of Kabul Airport

Israeli air strike hits Syrian port of Latakia

An Israeli air strike hit a shipment of Iranian weapons in the Syrian port of Latakia Tuesday, in the first...
  • The Israeli raid "directly targeted an Iranian weapons shipment in the container yard," the Syrian Observatory for Human Rights said
  • Syrian state media reported the strike on the container yard at Latakia port without specifying what was targeted

Algeria pledges $100m aid to Palestine as Mahmud Abbas visits

The announcement came as Palestinian leader Mahmud Abbas visited Algiers on Monday.
  • Algeria's President Abdelmadjid Tebboune said the funding was in line with his people's commitment to support the Palestinian cause
  • He said he would also put the Palestinian cause at the center of the Arab League summit, which Algeria is hosting in March next year

Iran says hopes to turn page in ties with UAE

Iran expressed hopes Monday to turn the page in its ties with the United Arab Emirates during a rare visit...
  • The trip was the first of its kind since relations between the two countries were downgraded in 2016.
  • His visit also included a meeting with ultraconservative Iranian President Ebrahim Raisi, state media said

Turkey, Qatar vow joint push to reopen Kabul airport

Turkey and Qatar on Monday raised the possibility of jointly operating Afghanistan's Taliban-controlled airport, as President Recep Tayyip Erdogan set...
  • Afghans and foreign nationals fled the country through the facility as the hardline Islamist movement took power in August following two decades of war
  • "We are going to act together," Turkish Foreign Minister Mevlut Cavusoglu told a joint press briefing with his Qatari counterpart

Time to decrypt internet speed in Arab world

This week's TRENDS infographic tries to find out where do Arab countries stand in terms of the speed of broadband...
  • The internet connectivity is a cornerstone to business, education, financial literacy, access to employment and health care through telemedicine
  • This TRENDS infographic tries to find out where do Arab countries stand in the latest Speedtest index.

Iran says ready to continue nuclear talks, rejects ‘blame game’

The landmark 2015 nuclear accord was initially agreed between Iran and Britain, China, France, Germany, Russia and the United States....
  • Last Wednesday, Iran submitted two draft resolutions on the lifting of US sanctions and nuclear-related measures.
  • But at the weekend the United States, as well as European participants at the Vienna talks, accused Iran of backtracking

Iraq fishermen in fear of arrest from Iran and Kuwait

Iraqi fishermen live in constant fear of arrest by Iran or Kuwait for mistakenly straying across frontiers.
  • Iraqi fishermen at Al-Faw complain of ‘being harassed’ by both Iran and Kuwait
  • When their boats head for the open seas of the Gulf, currents often take them to Kuwaiti and Iranian waters

Iran president says working to lift sanctions

Ebrahim Raisi, who took office in August, listed inflation, high prices, and tax evasion as among the top challenges facing...
  • Negotiations on the Iran nuclear deal resumed in Vienna last Monday, after Iran had paused talks following Raisi's election in June
  • In 2018, then US president Donald Trump unilaterally pulled out and reimposed sanctions

UAE Railways Program: Country’s largest integrated transportation system launched

The UAE government on Sunday announced the launch of the UAE Railways Programme, the largest integrated system for transporting goods...
  • The first phase of the Etihad Rail has been fully operational since 2016
  • The investments of the UAE Railways Programme amount to AED50 billion, 70 percent of which target the local market.

Airlines suspend or reduce flights in Middle East after Iran strikes

British Airways cancelled flights between London's Heathrow Airport and Dubai and Doha on Sunday following the US strikes on Iran....

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Libya declares ‘force majeure’ at major oilfield amid protests

Tripoli, Libya -- Libya's state-owned energy firm said on Sunday it had declared a state of "force majeure" at Al-Sharara oilfield...

Turkish Airlines grounds Boeing 737 MAX 9 jets amid inspection orders

Turkish Airlines said that it would stop flying five Boeing 737 MAX 9 jets in its fleet even as the...

Gaza war rages into fourth month as Blinken tours Middle East

Jordan's king urged Blinken to push for a ceasefire in Gaza and an end to the humanitarian crisis brought by...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Palestinians rebury bodies exhumed from Gaza cemetery

The footage from the cemetery in Al-Tuffah neighbourhood in Gaza City showed bodies wrapped in bags and laid out on...
  • Hamas on Saturday accused the Israeli military of "destroying 1,100 graves"
  • Israeli brutal bombardment in Gaza has killed at least 22,722 people

US military shoots down another drone over Red Sea

The Houthis say they are targeting Israel and Israeli-linked vessels to push for a stop to the offensive in Gaza....
  • Maersk said Friday that it would divert all vessels around Africa instead of using the Red Sea
  • The rebels have launched more than 100 drone and missile strikes in Red Sea

Hamas command structure ‘dismantled’ in north Gaza: Israel

The army spokesman told reporters that its forces dismantled "the Hamas military framework in the northern Gaza Strip" and that...
  • Israeli PM said his government had directed the army to "eliminate Hamas"
  • He said the war should not stop until Israel has achieved "all of the goals"