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

Revelations at Expos in the Past: Ketchup, Eiffel Tower, telephone

As Expo 2020 opens in Dubai on Friday, hoping to attract millions of visitors with its imaginative pavilions and technological...
  • The most famous Expo was perhaps the Paris 1889 edition, where the Eiffel Tower by architect Gustave Eiffel was unveiled.
  • Alexander Graham Bell's telephone was first demonstrated to the public at the Philadelphia world fair in 1876.

Red carpet, prayers and kisses as Qataris go to the polls

The October 2 election is for 30 members of the 45-strong Shura Council, a body with limited powers that was...
  • The October 2 election is for 30 members of the 45-strong Shura Council, a body with limited powers that was previously appointed by the emir as an advisory chamber.
  • The Shura will be allowed to propose legislation, approve the budget and recall ministers but the all-powerful emir will wield a veto

Lebanon reaches out to Arab countries

Lebanese Prime Minister has confirmed that his country has reached out to Arab and Gulf nations for help, but the...
  • Lebanon Prime Minister Najib Mikati has said his country has reached out to Arab nations
  • However, there is no set date when a Lebanese delegation may visit them for help

Oman discusses green energy with Belgium

Oman already has a roadmap ready for a green economy, one which it discussed with the UNEP earlier this month.
  • The meeting reviewed aspects of joint cooperation between the two countries and means of enhancing them
  • The two sides also touched upon means of completing the agreements that boost partnership

Turkey to buy more defense systems from Russia

Turkey still intends to buy a second batch of S-400 missile defense systems from Russia, its president has said.
  • The United States imposed sanctions on Turkey's Defense Industry Directorate and its chief following the acquisition of the first S-400s
  • Washington has repeatedly said acquisition of this second batch would almost certainly trigger new sanctions

Encrypted messaging app Signal hit by late Sunday outage

San Francisco: Encrypted instant messaging app Signal was hit by an outage late Sunday that interrupted services on the platform....
  • Internet outage monitor DownDetector said users began reporting network problems late Sunday.
  • Signal saw a surge in downloads earlier this year after WhatsApp tweaked its terms of service and sparked privacy concerns.

Germany: Uncertainty looms as rivals scramble to lead next government

Preliminary results showed that the center-left Social Democrats had won the largest share of the vote at 25.7 percent. Chancellor...
  • For a country used to political stability after 16 years of Merkel's steady leadership, the coming weeks and months promise to be a rocky ride.
  • And no party will team up with the far-right Alternative for Germany (AfD), whose score fell to 10.3 percent.

Khartoum says agrees with protesters on resumption of S.Sudan oil exports

Khartoum earns revenue for its impoverished economy from the South's oil exports, and the deal came hours after senior government...
  • Bashayer is the main terminal, close to Port Sudan, from which landlocked South Sudan's oil supplies are shipped to global markets.
  • Oil Minister Gadein Ali Obeid had warned Saturday of "an extremely grave situation" with two pipelines blocked by the protesters.

UAE and Iraq discuss ways to boost parliamentary cooperation

The two sides suggested the creation of a joint parliamentary friendship committee to realize the aspirations of the two countries...
  • Saqr Ghobash, Speaker of Federal National Council, and Muhammad Al-Halbousi, Speaker of Iraq's House of Representatives also discuss need for coordinating stances.
  • They underscored the need for serving Arab and Islamic issues and rallying support at international parliamentary forums.

‘Ancestor’ of Mediterranean mosaics discovered in Turkey

The mosaic was discovered in the remains of a 15th century BC Hittie temple, 700 years before the oldest known...
  • The temple where the mosaic is located was dedicated to Teshub, the storm god worshipped by the Hittites.
  • Nearly 3,000 years after their disappearance, the Hittites continue to inhabit Turkish imagination.

‘Nothing left’: Israelis grapple with damage from Iran strike

Bat Yam, Israel -- A shocked Julia Zilbergoltz said she had never experienced anything like the Iranian missile strike that...

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Senior Iranian general Razi Moussavi killed in Israeli strike in Syria

Razi Moussavi "was killed during an attack by the Zionist regime a few hours ago in Zeinabiyah district in the...

Russia extends ban on entry of trucks from EU, UK, Norway, Ukraine

MOSCOW, RUSSIA - The Russian government has extended the ban on the entry of trucks from the European Union, the...

UN General Assembly approves US$3.59bn budget for 2024

NEW YORK, US - The United Nations General Assembly (UNGA) approved a US$3.59 billion budget for 2024, including establishing a...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Regional players welcome ceasefire and political process in Yemen

Riyad, Saudi Arabia -- Key regional players have welcomed the agreement – involving a comprehensive set of measures aimed at...
  • This pivotal agreement includes a nationwide ceasefire, initiatives to enhance living standards, and steps towards resuming a comprehensive political process under UN's guidance.
  • The Qatari Ministry of Foreign Affairs expressed hope for the roadmap's imminent signing, contributing to a comprehensive political solution to the Yemeni crisis.

Spain will not join US-led Red Sea coalition

The Houthis welcomed Spain's stance, with deputy foreign minister Hussein al-Ezzi saying "we highly appreciate Spain's refusal to be drawn...
  • On Thursday, the Pentagon said 20 countries had joined the Washington-led coalition to protect the key shipping lane
  • Spain's government has been ambivalent and on Sunday a spokesman for the defense ministry told that Spain "will not participate"

Palestinians recount ‘torture’ in Israeli army custody

In recent weeks, the army has faced international criticism after viral footage of detainees stripped down to their underwear and...
  • About 20 men released from Israeli custody "have bruises on their bodies", hospital official in Rafah
  • The Israeli army rejected the claims, saying detainees are "treated in accordance with international law"