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

Beirut blast judge forced to pause probe

It is the second time Bitar has had to suspend the investigation in the face of lawsuits filed by former...
  • Bitar's predecessor, Fadi Sawan, was forced to suspend his probe for the same reason before he was finally removed in February.
  • Lebanon is yet to identify a single culprit in the tragedy that killed more than 200 people and destroyed swathes of the capital.

DP World and UK’s CDC Group to create Africa investment platform

DP World will contribute its stakes in three existing ports and invest $1 billion over the next few years through...
  • DP World will contribute its stakes in three existing ports and invest $1bn over the next few years.
  • CDC is committing $320 million initially and a further $400 million over the next several years.

Libya lawmakers back $10k family grant ahead of polls

The grant, approved by the eastern-based parliament, came after its rival, the unity government in the country's west, approved handouts...
  • Parliamentary spokesman Abdullah Bliheg said all Libyan families are eligible, except for those who have benefited from the "marriage bonus".
  • The presidential election in December and a legislative vote in January are supposed to help unify Libya.

Erdogan signals new military push into Syria

Erdogan's signalling followed a car bombing on Monday in the northern Syrian city of Afrin that killed six people
  • Erdogan's signalling followed a car bombing on Monday in the northern Syrian city of Afrin that killed six people
  • Turkey and its proxies have seized control of territory inside Syria over several military operations launched since 2016 against the Islamic State group

Israel’s Expo pavilion mirrors warming ties with UAE

The visits of several Israeli ministers so far show the importance the Jewish state attributes to the event.
  • The future of Israel-UAE relations depends on how they are affected by major flareups over Jerusalem or other aspects of the Israeli-Palestinian conflict.
  • The UAE has become one of Israel's top twenty trading partners in 2021. Food security, agriculture tech and water management are key areas of partnership.

Kushner, Ivanka Trump in Jerusalem for Abraham Accords initiative

Jared Kushner, a former White House adviser married to Ivanka Trump, was a major architect of the deals between Israel...
  • Jared Kushner, a former White House adviser married to Ivanka Trump, was a major architect of the deals between Israel and the United Arab Emirates, Bahrain, Sudan and Morocco
  • At the launch of the Abraham Accords Caucus in Israel's parliament, the Knesset, Kushner said the agreements created a "new paradigm" in the region

Sadrists claim largest bloc after record-low Iraq voter turnout

Security measures meant to ensure a smooth and safe voting remained largely successful, as only 75 complaints during public voting...
  • The movement wins around 73 of the parliament's 329 seats in Sunday's election
  • UN Secretary-General Antonio Guterres hails the 'largely peaceful conduct' of the vote

‘Saudi Arabia, Iran closer to a deal’

Regional rivals Saudi Arabia and Iran are showing signs of warming relations and a foreign diplomat in Riyadh has said...
  • Saudi King Salman expressed hope that talks with Iran would "lead to tangible outcomes to build trust"
  • Saudi Foreign Minister Prince Faisal bin Farhan has confirmed a fourth-round of talks took place in September

Iraq says it has captured Daesh finance chief

The Iraqi National Intelligence Service captured Sami Jasim outside the country after a complex operation.
  • Sami Jasim allegedly served as a deputy to former Daesh leader Abu Bakr al-Baghdadi
  • He supervised Daesh’s revenue-generating operations from illicit sales of oil, gas, antiquities, and minerals for some time since 2014 in Mosul

Preliminary turnout of just 41 percent shows many boycott Iraq election

In what was the fifth election since the 2003 US-led invasion that ousted dictator Saddam Hussein with the promise of...
  • The turnout falls below even that recorded in 2018, when 44.5 percent of eligible voters cast ballots.
  • The election was held under tight security in a country where key parliamentary blocs have armed factions.

Israel, Iran trade missile fire as Trump warns Tehran to ‘evacuate’

The United States and Iran had engaged in several rounds of indirect talks on Tehran's nuclear programme in recent weeks,...

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Donkey head used to desecrate Jerusalem Muslim cemetery

Describing the 35-year-old as "unbalanced", police said he was arrested after they were alerted that a man had "broken the...

‘Alone’: Afghan women fault West for lack of support

Since 2021, France says it has handed over 15,000 visa to Afghans, "mostly women, rights defenders, journalists and magistrates". But...

Macron asks Netanyahu for ‘lasting ceasefire’ in Gaza

Macron told the Israeli premier of his "deepest concern" about civilian deaths and the humanitarian emergency in Gaza. He also...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Gaza death toll tops 21,000 as Israel says war to last ‘many more months’

Israel again pounded Gaza with air strikes and shelling after its military chief warned the war raging with Hamas since...
  • Palestinian president Mahmud Abbas, in an interview on Egyptian television, charged that the Gaza war "goes beyond a catastrophe and a genocide".
  • Iran's Islamic Revolutionary Guard Corps warned Israel that it or its allied groups would take "direct" action to avenge the killing of senior commander Razi Moussavi.

Erdogan says no difference between Netanyahu and Hitler

"He (Netanyahu) is richer than Hitler. All kind of support comes from the West and the United States," Erdogan added....
  • He has branded Israel a "terrorist state", Netanyahu "the butcher of Gaza" while calling Hamas "a liberation group".
  • "There is no difference between the actions of Netanyahu and Hitler," he said during a ceremony in the capital in Ankara.

UAE’s budget carrier Air Arabia to launch daily flights to Kabul

Last month flydubai, another low-cost Emirati airline, became the first international carrier to resume flights to Afghanistan since the chaotic...
  • Last month flydubai, another low-cost Emirati airline, became the first international carrier to resume flights to Afghanistan
  • Last year, GAAC signed a contract to manage Afghanistan's air traffic, an agreement that was expected to bring back international airlines