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

US ‘black lists’ Israeli maker of Pegasus spyware

The company, NSO, was engulfed in controversy over reports that tens of thousands of human rights activists, business executives, journalists,...
  • Smartphones infected with Pegasus are essentially turned into pocket spying devices, allowing the user to read the target's messages.
  • Washington also targeted Israeli company Candiru, Singapore-based Computer Security Initiative Consultancy PTE (COSEINC) and Russian firm Positive Technologies.

Israeli strikes hit Syria military targets: monitor

Israeli air strikes hit positions held by the Syrian government and its pro-Iranian allies near Damascus overnight, a war monitor...
  • Syrian state news agency SANA confirmed the raids and said they caused only material damage
  • The Britain-based Syrian Observatory for Human Rights said the targets were army positions and arms depots belonging to Iran-backed militias

Augmented reality: an early taste of the metaverse?

The key idea behind metaverse, supposedly the internet of the future, is the blurring of the divide between the physical...
  • Augmented Reality is believed to be the early stage of the metaverse envisioned by Facebook.
  • With AR, you put on a device and you're still in your world, but we're augmenting it with digital content, says Peggy Johnson, CEO of Magic Leap

UK pledges $68 million for Middle East North Africa green transition

LONDON: The United Kingdom will provide $68 million in funding to help the Middle East and North African countries' energy...
  • Britain's Minister for the MENA region James Cleverly announced the funding at the COP26 in Glasgow.
  • The funding will go toward the High Impact Partnership on Climate Action, which was launched at the event.

Facebook whistleblower sits atop publicity juggernaut

Haugen's leak of company records has benefited from well-oiled communications machinery, powerful backers and a lucky cryptocurrency bet.
  • The internal reports captured by her smartphone camera and handed to journalists have already resulted in a deluge of damning stories.
  • In a matter of weeks, Haugen has testified before the US Congress and the British Parliament, with European Union lawmakers inviting her for a Nov. 8 appearance.

Bahrain urges its citizens to leave Lebanon

Lebanese Information Minister George Kordahi triggered the dispute with an interview recorded in August and aired last week. In it,...
  • On Sunday the United Arab Emirates urged its citizens to get out of Lebanon
  • Riyadh has said dealing with Beirut was "pointless" due to Hezbollah's dominance

Facebook on defensive over work in ‘fragile’ countries

Some 87 percent of Facebook's anti-misinformation budget is focused on the US even though the vast majority of its users...
  • Facebook vice president Nick Clegg told the Web Summit that the tech giant has content moderation in over 70 countries.
  • Whistleblower Frances Haugen said the company's algorithms made "polarizing and divisive content" more visible in people's timelines.

Baghdad pays Kuwait another $490m in war reparations

Kuwait has received additional reparations of almost $500 million for Iraq's 1990 invasion, the Iraqi embassy in Kuwait said.
  • "Iraq on October 26 paid Kuwait $490 million, and it will work to pay off what is left in reparations due for the year of 2022, approximately $629 million"
  • Baghdad has paid around $50 billion in reparations over the last three decades

10 Egyptian peacekeepers injured in CAR attack

MINUSCA mission said the Egyptian police contingent was unarmed and traveling in a bus marked UN at the time of...
  • CAR, the second poorest country in the world, has been ravaged by a civil war since 2013, although the level of fighting has fallen.
  • UN chief Antonio Guterres recently denounced "hostile incidents" targeting peacekeepers.

Iran FM tests positive for Covid at a key time for nuclear talks

Iran's foreign minister has tested positive for Covid, local media reported, at a key moment in diplomatic efforts to revive...
  • "His general health is satisfactory and he is continuing his daily duties from quarantine"
  • Khatibzadeh had said just Monday that talks with the remaining parties to the 2015 nuclear deal would resume "in the next two or three weeks"

European, Iranian diplomats to meet as Trump mulls joining Israel campaign

Iranian Foreign Minister Abbas Araghchi will meet with his French, German, British and EU counterparts in Geneva on Friday to...

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UAE announces reduction in fuel prices for January

ABU DHABI, UAE - The prices of petrol and diesel are set to decrease in the country in January following...

UNSC committee adopts guiding principles on use of UAS for terrorist purposes

NEW YORK, US – The Counter-Terrorism Committee (CTC) of the UN Security Council adopted the "Abu Dhabi Guiding Principles" and...

From climate action to global aid: Inside UAE’s remarkable year

Abu Dhabi, UAE -- The UAE is bidding farewell to 2023, dubbed the ‘Year of Sustainability'. From hosting the relatively...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

GCC in the crossfire amid growing US-China tech war

Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.
  • Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.
  • The semiconductor battle, with Abu Dhabi-based G42 cutting its ties with Huawei, is a prime example of the region’s strategic maneuvering in this global power play.

5 WEF reports shaping your 2024 agenda

From AI to the future of jobs and slow climb to gender parity, WEF reports provide insights into some of...
  • Buffeted by a global energy crisis, inflationary pressures and geopolitical instability, the move to clean energy has faced a challenging time.
  • This year's top 10 emerging technologies will likely become increasingly familiar in the years ahead as they help tackle some of our biggest challenges.

Welcoming 2024: A year of hope, healing, and unity

"Hopefully, 2024 will be a year in which we overcome the troubled period that started with the coup attempt, grew...
  • Every new year should be welcomed with joy, hope, and excitement, says Recep Tayyip ErdoÄŸan, President of Türkiye.
  • We are entering the year 2024 with heavy hearts due to the negative events in our region and the world, he adds.