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

Saudi Arabia workshop woos German investors

The workshop discussed the most prominent ways to expand the current investments in line with Saudi Vision 2030.
  • Saudi Arabia is opening up its economy while diversifying it to lessen its dependence on oil
  • It is believed to have investment opportunities worth SAR12 trillion (€2.7 trillion or $3.2 trillion)

US leftist Democrats object to Israel’s Iron Dome funding

The row underlined that progressives are becoming increasingly skeptical of no-strings-attached aid to America’s key ally in the Middle East.
  • The row underlined that progressives are becoming increasingly skeptical of no-strings-attached aid to America’s key ally in the Middle East
  • Operational for a decade, the Iron Dome has intercepted and destroyed thousands of short-range rockets and artillery shells launched by Hamas militants from Gaza

Erdogan: Turkey will ratify Paris Climate Agreement

Turkish president told the UN General Assembly that Turkey will complete the ratification process in time for the November UN...
  • Turkish president told the UN General Assembly that Turkey will complete the ratification process in time for the November UN Climate Change Conference in Glasgow
  • Turkey in April 2016 signed the landmark agreement on limiting the dangerous emissions that contribute to global warming

Libya parliament withdraws confidence from unity government

Eighty-nine of the 113 MPs present in the eastern city of Tobruk voted to withdraw confidence from the Tripoli-based administration...
  • Dbeibah's transitional administration took office in February with a mandate to guide the country to elections on Dec 24.
  • Speaker Aguila Saleh earlier this month ratified an electoral law seen as bypassing due process and favoring eastern-based military strongman Khalifa Haftar.

Canada elects PM Trudeau for third term

The 49-year-old Trudeau won the election, but did not get simple majority, which could make things difficult for him, just...
  • The elections were tough for Trudeau, despite his conservative opponent being a relative newcomer to the arena
  • Trudeau had called snap elections, hoping to sail through thanks to his handling of the Covid-19 threat in Canada

US to return 3,500-year-old ‘Gilgamesh’ tablet to Iraq

It was seized by the US Justice Department in 2019, two years after US billionaire David Green opened a museum...
  • UNESCO called the repatriation a 'victory' in the fight against illicit trafficking of cultural objects.
  • The rare fragment recounts a dream sequence from the Gilgamesh epic in Akkadian cuneiform script.

Tunisian president Saied promises to name a PM

On July 25, Saied sacked the government, suspended parliament, removed lawmakers’ immunity and put himself in charge of the prosecution
  • On July 25, Saied sacked the government, suspended parliament, removed lawmakers’ immunity and put himself in charge of the prosecution
  • He has since renewed the measures for a second 30-day period, and has not responded to calls for a roadmap for lifting them

Asian markets stabilize but Evergrande fears linger

The battle in Washington to raise the US debt limit was also fuelling concern that the government could miss payments...
  • Dubai led declines among stock markets in the Gulf on Monday, as its main share index fell 1.2 percent.
  • Hong Kong's Hang Seng Index, which plunged more than three percent Monday, edged up 0.2 percent.

Lebanese parliament approves new government

Mikati's 24-member cabinet will be expected to offer solutions to shortages of medicine and fuel and to launch a ration...
  • Mikati's 24-member cabinet will be expected to offer solutions to shortages of medicine and fuel and to launch a ration card programme to protect the poorest
  • Billionaire Mikati was designated as premier in July after his two predecessors failed to form a government

France to host international conference ahead of Libya elections

The ratification earlier this month of an electoral law that was clearly tailor-made for Khalifa Haftar, the military strongman who...
  • France is asking for the elections to be held and for the "departure of foreign forces and mercenaries
  • Libyan Foreign Minister Najla al-Mangoush has not rule out postponing the elections

UK moving assets, jets, to Middle East amid Iran crisis, says Starmer

Britain is deploying assets, including fighter jets, to the Middle East amid tensions between Iran and Israel, UK Prime Minister...

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Sheikh Hamdan approves $41m worth bonus for civilian employees of Dubai govt entities

DUBAI  UAE -  Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince and Chairman of The Executive Council of...

136 UN employees killed in Gaza War, says UN chief   

NEW YORK, US - UN Secretary-General Antonio Guterres said on Sunday that 136 United Nations employees in Gaza Strip had...

Israeli forces detain 4,695 Palestinians in West Bank since Oct 7

The Palestinian Prisoners Society (PPS) and the Detainees and Ex-Detainees Affairs Authority say the tally includes the Palestinians detained at...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Biden presses Netanyahu on protecting civilians in Gaza

The conversation came a day after the UN Security Council passed a resolution demanding "safe and unhindered delivery of humanitarian...
  • Biden told reporters earlier in the day that he had a "long talk" with Netanyahu
  • The two leaders discussed the "objectives and phasing" of Israel's military campaign

Turkey targets ‘terrorists’ in Iraq and Syria after 12 soldiers killed

Ankara has operated several dozen military posts in the area for the past 25 years in its decades-old war against...
  • Defense ministry said "29 targets, including caves, bunkers, shelters, oil installations and warehouses, were destroyed" during the operation carried out at 10 pm BN
  • Syrian Observatory for Human Rights reported strikes on Saturday evening against two oil sites in northeast Syria, near the Turkish border

Number of journalists killed in Israel’s war on Gaza rises to 100

Dubai, UAE-- At least 100 journalists have been killed since Israel’s war on Gaza began on October 7, according to...
  • According to the media office in Gaza, Muhammed Abu Hweidy was the latest to be killed in an Israeli air raid on his home in Gaza on Saturday
  • The media office added that the number of journalists killed has risen to 100, men and women, since the start of the brutal war on the Gaza Strip