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

Erdogan says ‘likely’ to meet Biden in Glasgow

The meeting would be the two leaders' second since Biden was elected president.
  • The meeting would be the two leaders' second since Biden was elected president
  • The COP26 UN climate conference opens in the Scottish city on Sunday and runs to November 12

Tunisia shuts down TV station run by opposition party leader

The authority, known as HAICA, seized the channel’s broadcast equipment and said in a statement that Nessma TV was broadcasting...
  • The channel is partly owned by former Italian prime minister Silvio Berlusconi
  • In July President Kais Saied, sacked the prime minister and suspended parliament

Saudi, UAE summon Lebanon envoys over minister’s Yemen war remarks

Lebanese Information Minister George Kordahi had said the Iran-backed Huthi rebels are "defending themselves... against an external aggression" and "homes,...
  • Saudi Arabia said Kordahi's remarks were "clearly biased towards the terrorist Huthi militia".
  • UAE said the minister's "disgraceful and biased" comments "offended the member countries of the coalition".

TikTok, YouTube and Snapchat defend impact on kids

In their first testimony to US senators, they argued they are built to protect against the mental health and safety...
  • Senator Marsha Blackburn, who was co-chairing the hearing, drew little difference among the platforms and their arguments for safety.
  • YouTube has battled with a surge in Covid-19 and vaccine misinformation as the pandemic drove people online looking for information.

Lebanese Christian leader Geagea dodges court summons

Hundreds of his supporters gathered in his mountain bastion and marched in a show of support. Geagea had warned last...
  • Seven people were killed in street fighting two weeks ago, following a rally against the judge investigating last year's deadly blast at Beirut.
  • Hezbollah accuses the FL of firing the first shots. Geagea denied any involvement and claimed that his summons had no legal grounding.

Libya fighting damages only working oil refinery

Eight oil storage tanks and five other tanks for oil and chemical products were damaged and were leaking, while the...
  • Libya's vast oil sector, the backbone of its economy, has suffered regular halts in production since the revolution that toppled Moamer Kadhafi.
  • The country produces about 1.2 million barrels per day, still short of the country's pre-revolution output of 1.5-16 million barrels.

Saudi could go carbon-neutral before 2060: Minister

Prince Abdulaziz bin Salman said new processes enabling capture and reuse of carbon were key to the kingdom achieving net...
  • The kingdom is promoting the circular carbon economy at the Future Investment Initiative conference in Riyadh.
  • Saudi Arabia also has announced a $1 billion contribution to initiatives to fund the CCE and provide "clean" fuel for the world's poor.

Saudi Arabia and US call for end to Sudanese military coup

Taking a strong stance against the military coup in Sudan, Saudi Arabia and the US have condemned the overthrow of...
  • Saudi foreign minister Prince Faisal bin Farhan Al Saud and US secretary of state Antony J. Blinken reiterated their support to the aspirations of the Sudanese
  • The two top diplomats spoke today about the importance that all parties adhere to the framework laid out in the Constitutional Declaration and Juba Peace Agreement

Saudi Arabia supports Pakistan with $4.2bn lifeline

The money is coming in through the SFD, a Saudi government agency that usually finances social and infrastructure projects in...
  • The Saudi Fund for Development has announced that it will deposit $3 billion into the State Bank of Pakistan
  • Saudi Arabia will also finance the oil-derivatives trade with Pakistan with a total amount of $1.2 billion throughout the year

Turkey urges Armenia to mend ties with Azerbaijan

On a visit to Azerbaijan on Tuesday, Turkey set out conditions if Baku wanted better ties with Ankara.
  • Turkey and Armenia have no diplomatic relations, and a closed frontier
  • They also have a history of hostility rooted in massacres of Armenians under the Ottoman Turks during World War I

Trump weighs involvement as Israel launches fresh strikes on Iran

The White House said Trump would receive an intelligence briefing on Thursday, a US holiday and top US diplomat Marco...

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Hamas denounces US munitions ’emergency’ sale to Israel

Gaza City, Palestinian Territories - The Strip's Hamas rulers on Saturday condemned the US approval of a $147.5 million sale of...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Morocco law reform offers hope for women’s rights

Rabat, Morocco - Two decades after a landmark but limited revision of Morocco's family law marked a breakthrough for women, activists...
  • The reform of the legal code was ordered by King Mohammed VI, who is expected to have the final say in any disputes over the new law.
  • A committee tasked with drafting the changes was formed in September and includes the justice minister as well as judicial and religious figures.

ACC holds workshop in Jordan on dangers of human trafficking

AMMAN, JORDAN - Amman Chamber of Commerce (ACC), in cooperation with Ministry of Justice and Jordan Judicial Council (JJC), organized...
  • The workshop aims to introduce human trafficking crime in Jordanian law and global pacts and the measures taken at the national level to help victims.
  • The workshop reflects the "important" role played by national institutions in combating human trafficking and raise awareness of its dangers.

Dubai to host ‘Arab Strategy Forum’ next week

Dubai, UAE--The Arab Strategy Forum will commence in Dubai on January 3rd, 2024 to debate the intricate political and economic...
  • The platform will bring together prominent global leaders, strategic experts, and leading figures in the realms of politics and economics
  • Participants will examine the intricate political and economic landscape of the region, and analyze current positions of Arab nations