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

Riyadh ranks third smartest G20 capital, outperforms Paris and Hong Kong

Saudi capital Riyadh has been ranked as the third smartest capital among the G20 member states and the 30th smartest...
  • Riyadh made qualitative progress on the IMD Smart Cities Index for 2021, as it jumped 23 ranks from last year.
  • The Holy city of Madinah has been also included on the index as the second Saudi city after Riyadh, ranking 73rd in the world and fourth in the Arab world.

Facebook’s future tops agenda at Web Summit in Lisbon

Frances Haugen, the former Facebook engineer who leaked a trove of internal documents to international media, is due to speak...
  • The summit in Portugal's capital Lisbon is set to welcome some 40,000 people from Monday evening through Thursday.
  • Facebook has had to grapple in recent weeks with mass outages and rising calls for regulation to curb its vast influence.

Kuwait stresses commitment to UN financial contributions

Kuwait has also urged other members to follow suit so that the UN can do its tasks properly.
  • The remark was made by Member of Kuwait's Permanent Delegation at the UN, Abudlaziz Al-Ajmi.
  • He was speaking on Thursday, October 28, during a General Assembly debate on the UN’s financial position.

World needs $23bn from G20 to fight pandemic: WHO

WHO chief Tedros Adhanom Ghebreyesus bluntly told the G20 they could no longer leave poorer countries hanging in the pandemic.
  • The World Health Organization has said it needs $23.4 billion over the next 12 months for its plan to fight Covid-19
  • It has urged the G20 countries, who are meeting this weekend in Rome, to show some leadership and pay the amount

Turkey pressing US for F-16 fighters after F-35 plan killed

US defense officials met in Ankara Wednesday with Turkish counterparts to resolve remaining issues from the F-35 program, and US...
  • The F-16 request could be discussed when US President Joe Biden meets with Erdogan
  • According to Turkish media, the country wants to buy 40 F-16s and kits to upgrade 80 warplanes in its current fleet

US, Bahrain vow to fight illicit cultural property trade

Bahrain enjoys a prominent role in the art world, serving as the host of the Arab Regional Centre for World...
  • The two countries issue joint statement after a key forum on antiquities, art crime.
  • Information sharing, strengthening legal frameworks among key areas of future cooperation.

UN calls for more climate adaptation cash from COP26

Climate adaptation means adjusting to the current effects of climate change and preparing for its predicted impacts in the future.
  • The approach is crucial in developing countries, which are more vulnerable to extreme weather caused by climate change.
  • The cost of adapting to climate change in developing nations could reach $300 billion in 2030, said UNCTAD.

Lebanon port blast judge suspends ex-PM Hassan Diab’s summons

Diab had filed a lawsuit against judge Tarek Bitar, who has been thwarted at every turn in his probe of...
  • Diab was prime minister at the time of the explosion and is among the senior officials Bitar wants to hear as part of his investigation.
  • Several of Lebanon's main political groups, including the powerful Iran-backed Hezbollah, want Bitar removed., earning scorn from rights groups.

Seven killed in anti-coup protests in Sudan

Seven protesters have been killed in Sudan since a military coup four days ago, a health official said Thursday, adding...
  • Four protesters were already reported killed on Monday, hours after the military coup was announced
  • The diplomats pledged their support for the now-deposed government of Prime Minister Abddalla Hamdok

Iran agrees to restart talks to revive nuclear deal

Iran held six rounds of indirect negotiations in Vienna with President Joe Biden's administration on returning to the 2015 deal.
  • Iran held six rounds of indirect negotiations in Vienna with President Joe Biden's administration on returning to the 2015 deal
  • Biden, his successor, has said he is ready to re-enter the agreement so long as Iran also returns to full compliance by rolling back nuclear activities

Syrians watch Iran-Israel crossfire as government stays silent

For days, Syrians have watched as Iranian missiles and Israeli interceptors light up the skies over their territory, but the...

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Russia vows revenge as 21 die in Ukrainian attack

The Belgorod attack came a day after Ukraine said a barrage of Russian missile strikes on several cities killed at...

US shoots downs anti-ship missiles fired from Yemen

The US Central Command said the missiles were fired from the area controlled by the Iran-backed Houthi rebels, describing it...

GCC makes pivotal strides in development, diplomacy

In 2023, Saudi Arabia, UAE, Qatar, Bahrain, Oman and Kuwait collectively advanced in technology and sustainable development, achieving global integration.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Gaza ministry says 21,672 killed in war with Israel

The Hamas-run health ministry here said that at least 21,672 people have been killed in the territory since the war...
  • Israeli forces have rounded up thousands of Gazans during their ground offensive, with 99 healthcare workers still among the detainees according to the ministry.
  • The fighting has put 23 hospitals and 53 health centers out of service, while 104 ambulances have been destroyed, the ministry said.

19 pro-Iran fighters killed in Syria strikes, says monitor

Air strikes in eastern Syria "likely" launched by Israel killed at least 19 pro-Iran fighters, a war monitor said. The...
  • A US military official, requesting anonymity, said the "US did not conduct any defensive strikes overnight".
  • The war monitor said the strikes targeted military positions in Albu Kamal and its surroundings in Deir Ezzor province.

Egypt leads Arab world in population with 113m citizens

DUBAI, UAE – Egypt stands as the most populous Arab country with 113 million people, marking it the 14th largest...
  • Iran and Turkey, with populations of 89 million and 86 million respectively, demonstrate substantial numbers in the Middle East region.
  • The data, highlighting population sizes of various countries worldwide, pointed out that the global population has reached 8.082 billion.