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 fund, FAO join hands for climate action in Somalia

The fund will collaborate with the UN agency to build climate-resilience and take shock-informed anticipatory action.
  • Somalia is said to be highly vulnerable to recurrent shocks, with colliding and cumulative effects
  • It has been recurrently affected by droughts, flash and riverine flooding, cyclones, locusts, disease outbreaks, and conflict

Iran accused of stalling redress for downed Ukraine flight

The Islamic republic shot down Ukraine International Airlines flight PS752 shortly after take-off from its capital Tehran on January 8,...
  • The Islamic republic shot down Ukraine International Airlines flight PS752 shortly after take-off from its capital Tehran on January 8, 2020
  • Three days later, it admitted that its forces had mistakenly targeted the Kiev-bound Boeing 737-800 plane

UAE announces $10 billion fund for investments in Turkey

Erdogan greeted Sheikh Mohammed on the ceremonial blue carpet at the presidential palace in Ankara on Wednesday before they went...
  • The fund's aim was "to support the Turkish economy and boost bilateral cooperation between the two countries," the official Emirati news agency WAM said
  • The main focus of the fund will be on "strategic investments", especially in sectors including energy, health and food, WAM reported

Libya poll panel rejects Gaddafi son’s presidential bid

The election commission said presidential candidates should have a clean criminal record, with the country’s election law saying that hopefuls...
  • Saif al-Islam Gaddafi had been sentenced to death by a Tripoli court for crimes committed during the revolt that toppled his father
  • He was later pardoned by a rival administration in eastern Libya

‘No progress’ on eve of Iran nuclear talks: UN Atomic Agency

Rafael Grossi, director general of the International Atomic Energy Agency (IAEA) said the talks he held in Tehran on Tuesday...
  • Rafael Grossi, director general of the International Atomic Energy Agency (IAEA) said the talks he held in Tehran on Tuesday were "inconclusive" despite being "constructive".
  • "In terms of the substance... we were not able to make progress," Grossi told reporters, saying that the lack of agreement had come "in spite of my best efforts".

Israel, Morocco sign security deal as minister visits

The Morocco deal came as Gantz made the first visit by an Israeli defence minister to the North African kingdom....
  • Israel has several security MoUs with allied nations, but the Morocco deal marks the first-of-its-kind agreement with a majority Arab nation
  • Tel Aviv has now full diplomatic relations with only four Arab countries: Egypt, Jordan, the United Arab Emirates and Bahrain

Abu Dhabi crown prince makes first Turkey visit in decade

Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed held talks with Turkish President Recep Tayyip Erdogan in Ankara on Wednesday,...
  • Erdogan greeted Sheikh Mohammed on the ceremonial blue carpet at the presidential palace
  • The groundwork was laid for the rapprochement with a visit in August by a UAE delegation

Five killed in Israel strikes on Syria: monitor

Israeli strikes targeting a part of Syria where fighters loyal to Lebanon's Hezbollah are based killed five people Wednesday, a...
  • The Israeli missiles struck an area near three villages in the west of Homs province
  • Three Syrian soldiers as well as two Syrian militiamen were killed in the early morning strikes

No progress in talks with Iran, says IAEA chief after Tehran visit

Rafael Grossi told a quarterly meeting of the agency's board that his talks in Tehran were "inconclusive", despite being "constructive"....
  • Iran and the IAEA have a temporary pact which gives the IAEA access to monitoring equipment at Iran's nuclear facilities.
  • In 2019, Iran began moving away from its commitments after the US pulled out unilaterally and reimposed sanctions.

UAE energy ministry intensifies monitoring of liquefied natural gas shipments

The UAE's Ministry of Energy and Infrastructure said on Wednesday that it is intensifying inspections of liquefied natural gas (LNG)...
  • LNG cargoes that fall short of the standards pose a threat to the community safety and impinge on the profitability of national companies, a ministry official said.
  • The ministry is keen to enhance corporate awareness about the procedures adopted by the UAE to regulate the transportation of oil derivatives.

US attacks three key Iranian nuclear facilities, mega bombs likely used in strikes

Trump called on Iran to "agree to end this war," saying that "now is the time for peace." But it...

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Israel border violence displaces 76,000 in Lebanon: IOM

More than 80 percent of the displaced Lebanese are staying with relatives, according to the report, and only 2 percent...

Responding to Arabian Sea vessel hijack, says India navy

According to the navy, it "responded swiftly to a maritime incident in Arabian Sea involving a hijacking attempt" of a...

Sudan paramilitary leader Daglo holds talks in Pretoria

The commander of Sudanese paramilitary forces Mohamed Hamdan Daglo wrote on X, previously Twitter, that he had apprised South African...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Israeli defense minister unveils plan for post-war Gaza

The unveiling of Gallant's plan comes on the eve of a visit by US Secretary of State Antony Blinken, who...
  • Under the plan, Israel's war in the territory will continue until it has secured the return of the hostages taken on October 7
  • After that, the outline says, a new phase will begin during which "Hamas will not control Gaza and will not pose a security threat to the citizens of Israel."

US, France call to ‘avoid escalation in Lebanon and Iran’

Washington, United States - US Secretary of State Antony Blinken and French Foreign Minister Catherine Colonna agreed to seek steps to...
  • The US diplomat Antony Blinken and France's foreign minister Catherine Colonna discussed the situation in Lebanon and Iran
  • The two top diplomats "discussed the importance of measures to prevent the conflict in Gaza from expanding.

Iran-backed Iraqi group says top commander dead in US strike

Baghdad, Iraq - A "US strike" in Baghdad on Thursday killed a military commander of the Hashed al-Shaabi, the ex-paramilitary force...
  • The strike killed "two members and wounded seven others", said the official, speaking on condition of anonymity.
  • A Hashed source, asking not to be named, confirmed the death toll and charged that the United States was behind the attack.