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

East Libya strongman Haftar says to run for president

Haftar's announcement comes two days after the candidacy of Seif al-Islam Kadhafi -- the son of slain dictator Moamer Kadhafi...
  • In his speech Tuesday, Haftar affirmed that the December election is "the only way to pull Libya out of chaos".
  • Backed by Russia, Egypt and the United Arab Emirates, Haftar is a controversial figure, despised by many in western Libya.

Hundreds of migrants assisted off coast, says Morocco

Moroccan coast guards have assisted more than 300 migrants in difficulty aboard various craft since Friday.
  • Despite stepped-up controls, migrant departures from Morocco's coasts have increased lately
  • Mainland Spain is only about 20 kilometers (12 miles) from Morocco

Biden urges ‘guardrails’ against conflict in virtual Xi summit

Biden emphasized the need for settling a relationship rocked by high-stakes disputes, including on trade and Taiwan.
  • Biden emphasized the need for settling a relationship rocked by high-stakes disputes, including on trade and Taiwan
  • Xi, speaking from Beijing, called Biden "my old friend," but said the rivals must work more closely

Aviation emerging out of Covid crisis, outlook brightening: Airbus CEO

The global aviation sector has begun to emerge from the Covid pandemic, its worst-ever crisis, and the "outlook is starting...
  • A large order of 255 of Airbus' planes at the Dubai Airshow "completely justifies" a shift to ramping up manufacturing, the CEO said.
  • The United States has largely resumed, Europe is also resuming. Asia will probably take a little longer, Guilluame Faury said.

Expo opportunity to boost UAE-Monaco cooperation: Prince Albert II

Prince of Monaco, Albert II has called Expo 2020 Dubai a "great opportunity" to enhance the cooperation between his country...
  • The UAE and Monaco are centers of global exchanges, the prince said on the sidelines of Monaco's National Day celebration at Expo.
  • Monaco’s pavilion at Expo 2020 is located in the Opportunities District and is inspired by the legendary Rock of Monaco.

Middle East’s first waste-to-sustainable aviation fuel plant to come up in Abu Dhabi

Abu Dhabi Waste Management Centre (Tadweer) has signed an agreement with Etihad Airways to facilitate the development of the first...
  • The plant can convert 4 million tons of municipal waste every year into 140 million gallons of fuel.
  • The plant will help Abu Dhabi to divert 75 percent of municipal waste away from landfills.

UAE says COP26 a ‘success’ but world still needs to invest billions in oil, gas

The UAE, one of the world’s top crude exporters, said a recent UN climate summit in Glasgow was a “success”...
  • Nearly 200 countries at the COP26 summit pledged Saturday to speed up the fight against rising temperatures, after two weeks of negotiations.
  • UAE minister of industry Sultan al-Jaber said oil and gas industry would have to invest “over $600 billion every year until 2030 just to keep up with the expected demand".

Iran invites UN nuclear watchdog chief to Tehran for talks

Iran has invited the head of the International Atomic Energy Agency for talks after the UN official expressed concern over...
  • Rafael Grossi is expected to meet with Iran's foreign minister and the country's atomic energy chief.
  • Grossi last visited Tehran in September, where he clinched a deal over access to surveillance equipment at Iran's nuclear facilities.

Iraq to start repatriating citizens in Belarus Thursday: ministry

Thousands of migrants from the Middle East, including many from Iraq's autonomous Kurdistan region, are camped out on the EU-Belarus...
  • Thousands of migrants from the Middle East, including many from Iraq's autonomous Kurdistan region, are camped out on the EU-Belarus border
  • Western countries accuse Belarusian President Alexander Lukashenko's government of engineering the crisis by encouraging migrants to come to Belarus

UAE, Greece, Cyprus foreign ministers hold tripartite meeting

The three leaders also reviewed issues of common interest, the situation in the region, along with regional and international developments.
  • The three leaders also reviewed issues of common interest, the situation in the region, along with regional and international developments.
  • The foreign ministers of Cyprus and Greece highlighted the importance of this tripartite meeting and its role in promoting frameworks of joint cooperation with the UAE

Israel says killed three Iranian commanders in fresh wave of strikes

Israel's military said a strike in Qom south of Tehran successfully targeted top Iranian official Saeed Izadi, in charge of...

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Gaza war tensions spike after deadly Iran blasts, Lebanon killing

At least 103 people were killed and another 140 injured when two blasts 10 minutes apart struck Iranian mourners commemorating...

4,156 Palestinian students killed in Israeli Gaza and West Bank assault

The Palestinian Ministry of Education said that since the beginning of the aggression, the number of students killed in the...

Israel ready ‘for any scenario’ after strike kills Hamas deputy

Israel has previously announced the deaths in Gaza of Hamas commanders IN the war, but Aruri is the most high-profile...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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WHO chief deplores ‘unconscionable’ strikes on Red Crescent in Gaza

WHO chief Tedros Adhanom Ghebreyesus reiterated his call for an immediate ceasefire, alongside urgent action to get food, medical supplies...
  • WHO chief Tedros Adhanom Ghebreyesus said health must never be a target during conflicts, adding that Gazans were facing a "dire humanitarian catastrophe"
  • PRCS said that Israel twice struck its headquarters in Khan Yunis, resulting in "five casualties and three injuries" among displaced people who had sought refuge there

Houthis fire on commercial ships in Red Sea: US military

According to United Kingdom Maritime Trade Operations, it had received reports of up to three explosions 1-5 nautical miles from...
  • Houthis have carried out a flurry of drone and missile strikes targeting commercial vessels
  • The attacks endanger a transit route that carries up to 12 percent of global trade

Former British PM Blair says no role in Gazans resettlement

London, UK - Britain's former prime minister Tony Blair has strongly denied an Israeli media report linking him to talks last...
  • Channel 12 claimed on Sunday that Blair, who left office in 2007 and served as a Middle East envoy charged with building up Palestinian institutions, was in Israel last week
  • The news channel said he held meetings with Prime Minister Benjamin Netanyahu and war cabinet member Benny Gantz about a mediation role after the war with Hamas