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

Turkish women fearful after treaty exit

Turkish women feel more vulnerable and legally unprotected since Turkey withdrew from a convention that activists argued helped deter male...
  • The landmark Istanbul Convention came into force in 2014 and laid the way for a Europe-wide legal framework to tackle, prevent and prosecute violence against women
  • Turkey abruptly withdrew in March following a decree by President Recep Tayyip Erdogan

Yemen war will have killed 377,000 by year’s end: UN

Most of those killed by the war's indirect effects were "young children who are especially vulnerable to under- and malnutrition."
  • Most of those killed by the war's indirect effects were "young children who are especially vulnerable to under- and malnutrition."
  • A Saudi-led coalition intervened in Yemen in early 2015 to shore up the government after Iran-backed Huthi fighters seized the capital Sanaa months before

Biden invites around 110 countries to virtual summit on democracy

Among the countries of the Middle East, only Israel and Iraq will take place in the online conference, scheduled for...
  • Among the countries of the Middle East, only Israel and Iraq will take place in the online conference, scheduled for December 9-10
  • In Africa, the Democratic Republic of Congo, South Africa, Nigeria and Niger are among the countries on the list

AFESD signs $33m deal to fund water and electricity project in Bahrain

The Arab Fund for Economic and Social Development (AFESD) signed a deal worth KD ten million ($33 million) with Bahrain...
  • Bahrain moving ahead with advancing economic development, Finance Minister Sheikh Salman bin Khalifa said.
  • The project will contribute to maintaining the service provided by the Electricity and Water Authority.

Iraqi delegation to visit Geneva, discuss country’s WTO accession

Iraq is making efforts towards joining the World Trade Organization and its Minister of Trade will visit Geneva to discuss...
  • The delegation is likely to reach an agreement with European trade ministers.
  • Iraq needs to pass laws and legislation on many topics, including the economy and customs, a trade ministry spokesman said.

UK apology over Gulf War ‘human shields’ flight

Passengers on BA flight 149 were taken off the Kuala Lumpur-bound plane when it landed in the Gulf state on...
  • Some of the 367 passengers and crew spent more than four months in captivity, including as human shields at the hands of the Iraqi dictator.
  • The former hostages have long sought answers about what the government in London knew and when.

98 candidates register for Libya’s presidential poll

Among the most notable hopefuls are Seif al-Islam Kadhafi, the son of slain dictator Moamer Kadhafi, and Khalifa Haftar, leader...
  • Also in the running are former interior minister Fathi Bashagha and Prime Minister Abdulhamid Dbeibah of the interim, UN-brokered Government of National Unity.
  • There are only two women contestants: Laila Ben Khalifa, 46, the president of the National Movement party, and Hunayda al-Mahdi, a researcher in the social sciences.

UAE announces updated procedures for entry through border crossings

The UAE has announced updated procedures for citizens of neighboring countries and those living in border areas, who are repeatedly...
  • GCC citizens need to present a negative PCR test that does not exceed 14 days.
  • The non-vaccinated persons must present a negative PCR test conducted no more than 72 hours before the date of arrival.

Qatar Fund for Development donates $10m for vaccination in poor countries

Qatar Fund for Development (QFFD) has signed a five-year agreement with Gavi, the Vaccine Alliance, and donated $10 million between...
  • The money will be used to increase access to vaccination in low-income countries.
  • The Fund will work with the Vaccine Alliance to ensure vaccination for yet-to-be-vaccinated children.

King Abdullah arrives in UAE, accorded warm welcome

King Abdullah of Jordan, accompanied by his wife, Queen Rania Al Abdullah, arrived in the UAE on a state visit.
  • He was received at Al Bateen Executive Airport by Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi
  • Among other dignitaries who received the king were Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, Sheikh Mohammed bin Hamad

Iran-Israel war must not become refugee crisis: United Nations

UNHCR, the UN's refugee agency, said the intensity of the attacks between the two sides was already triggering population movements...

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Japan earthquake death toll jumps to 92, missing 242

Battling aftershocks and roads littered with gaping holes and blocked by frequent landslides, thousands of rescuers from all over Japan...

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...

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...
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INSEAD Day 4- 300x600

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Saudi Arabia, Qatar denounce Gaza’s residents emigration plan

Saudi Arabia and Qatar condemned comments by two Israeli ministers calling for Palestinians to emigrate from the Gaza Strip. Israel's...
  • Saudi Arabia "categorically condemns and rejects the comments of the two ministers," the foreign ministry said in a statement
  • Saudi called on the global community to act in the face of the Israeli government's "persistence" in violating international law "through its statements and actions"

New PM announced by Kuwaiti ruler to end political stalemate

Sheikh Meshal al-Ahmed Al-Sabah, who was sworn in as emir last month, named Sheikh Mohammed Sabah al-Salem Al-Sabah, a popular...
  • Sheikh Meshal al-Ahmed Al-Sabah, who was sworn in as emir last month, named Sheikh Mohammed Sabah al-Salem Al-Sabah as the new premier.
  • The Harvard-educated Sheikh Mohammed, also son of a former emir, was Kuwait's ambassador to the United States for 10 years.

Lebanese media says four Hizbollah fighters killed in Israeli strike

Beirut, Lebanon - Four Hizbollah fighters were killed overnight in southern Lebanon, the Iran-backed movement announced on Thursday, in what Lebanese...
  • A source close to Hizbollah said that the four were killed in Naqura near the Israeli border.
  • Hizbollah leader Hassan Nasrallah warned Israel in a speech against starting a war in Lebanon.