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

Iran says it will resume Vienna nuclear talks

Tehran has decided to resume nuclear talks in Vienna after the new administration reviewed the previous round of talks, Iran’s...
  • Tehran has yet to conclude reviewing details of the previous nuclear talks
  • Khatibzadeh didn’t provide an exact date for when Iran will conclude its review

Facebook bans sales of Amazon areas on its apps

The announcement came as the tech giant defends itself against accusations that it has long put profit over societal good.
  • The sale of land in conservation areas happens on other platforms and offline.
  • Some questioned online why Facebook allowed sales of precious rainforest land in the first place.

GDP of Arab economies down 3.8 percent: World Bank

The region’s average real GDP per capita is forecast to increase by only 1.1 percent in 2021 after declining an...
  • Thirteen out of 16 countries in the region will have lower standards of living in 2021 than their pre-Covid levels.
  • Pandemic losses are calculated by comparing where the region’s GDP would have been if the pandemic had not hit, the bank said.

Apple appeals verdict in App Store battle

The verdict ordered Apple to loosen control of its App Store payment options but said Epic failed to prove any...
  • The companies had opted for a so-called bench trial in which a judge rather than a jury hears the evidence and decides on a verdict.
  • Apple can still mandate that its payment systems is used for in-app transactions.

Iraq: Oil-rich and ravaged by conflict

Iraq's relations with Iran have improved since the fall of Saddam and, since 2017, the ties with Saudi Arabia have...
  • Iraq's different communities are represented in parliament through a tacit system of proportional representation.
  • Eyeing role as regional mediator, Iraq has hosted talks between officials from Tehran and Riyadh.

US calls Hezbollah fuel shipments ‘public relations’ ploy

Iran is set to deliver more fuel in the coming days to Lebanon for distribution by the Shiite movement.
  • Iran is set to deliver more fuel in the coming days to Lebanon for distribution by the Shiite movement.
  • The US has long imposed sanctions both on Iran and Hezbollah and has sought cooperation on Lebanon both with France and Saudi Arabia

Iraqis head to early vote amid boycott calls, abstention fears

A new single-member constituency system for electing Iraq's 329 lawmakers is supposed to boost independents versus the traditional political blocs...
  • With the main political blocs linked to armed groups, many Iraqis are worried about security in the wake of the result.
  • Many countries have urged all parties in Iraq to respect rule of law and 'integrity of electoral processes'.

Jordan talks economic cooperation with Denmark

Jordan’s Minister of Planning and International Cooperation Nasser Shraideh, have held discussions with Danish Minister of Development Cooperation Flemming Mortensen...
  • Jordan has called on Denmark to increase the support it gets, and focus on economic and employment opportunities programs
  • Denmark said it is ready to continue supporting Jordan and searching for additional ways to strengthen bilateral relations

Algeria urges Morocco to quit Western Sahara buffer zone

Algeria is the main backer of the Polisario Front independence movement in Western Sahara.
  • The UN on Wednesday named veteran diplomat Staffan de Mistura as its point man on the decades-old conflict
  • The job had remained vacant for nearly two and a half years as the Polisario and Morocco rejected a dozen other candidates

Iran-SKorea row worsens over oil billions frozen by US sanctions

Tehran threatens Seoul with legal action unless it releases more than $7 billion in funds for oil shipments. Iran was...
  • South Korea maintains the money cannot be transferred to Iran because of sanctions.
  • An Iranian lawmaker says Seoul should pay interest on the money it is "improperly holding".

Day 4: Tehran residents flee Israeli attacks as casualties mount

Images verified by AFP, shot by a social media user from an overpass, showed near immobile traffic on a Tehran...

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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...

120 kilos of cocaine wash up on Australian beaches over Christmas

Sydney, Australia-- Australian police said Wednesday they were scouring beaches after mysterious packages believed to contain more than 120 kilograms (260...

Israeli airstrike on Lebanon border town kills Hizbollah fighter, 2 kin

Lebanon-Israel border has witnessed increasing hostilities amid the Israel-Hamas conflict since October 7, escalating exchanges involve the Israeli army and...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Gaza clings on to eSIM cards to stay connected with world

Rafah, Palestinian Territories--Power cuts have become a fact of life in war-torn Gaza. But thanks to embedded SIM cards, Palestinians can...
  • A local journalist, Hani al-Shaer, who uses it to do live streams, said that without eSim cards "we would be cut off from the world"
  • Many rights groups have warned that phone and internet disruptions in Gaza could "provide cover for atrocities and breed impunity"

Hizbollah missile attack wounds 9 Israeli soldiers

The army said that one of its soldiers injured by an anti-tank missile along with other troopers was in a...
  • The Israeli army and Hizbollah have been exchanging fire since the start of the Gaza war
  • At least four civilians and nine soldiers have been died in Israel in attacks by Hizbollah

US, Israel discuss ‘different phase’ of war

The Tuesday meeting additionally provided a chance for Israel and the United States to talk about the eventual "governance and...
  • The meeting provided an opportunity to talk about steps to improve the humanitarian situation in war-torn Gaza and minimize harm to civilians
  • It was also meant as a chance to speak on "the transition to a different phase of the war to maximize focus on high-value Hamas targets"