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

US judge extends detention of pro-Palestinian protest leader

Pro-Palestinian student protest leader Mahmoud Khalil remained in US detention Friday despite an expected release, his lawyer said, following reported...

‘Apathy and despair’ as Iraq looks to October election

The polls were initially scheduled for 2022, but moved forward to June this year, then postponed to October.
  • Respondents have said only the candidates’ faces are newer while the political ideals are unchanged
  • Issues like constant power cuts and non-upgradation of infrastructure are also weighing on voters’ minds

Morocco party alleges violations at polls

Moderate Islamist Justice and Development Party said it would swtich to the 'natural' position as opposition.
  • The party, which was thrashed in recent elections, said a 'massive use of money' and 'manipulation of reports' led to 'results that do not reflect country's political map.
  • Interior Minister Abdelouafi Laftit has said the voting process took “under normal circumstances” apart from isolated incidents.

Islamic State carries out Syria gas pipeline attack

The Deir Ali station southeast of Damascus generates half of Syria's power needs
  • The Deir Ali station southeast of Damascus generates half of Syria's power needs
  • The explosion caused the station to go out of service temporarily

Lebanon seizes dangerous fertilizer in country’s east

Ammonium nitrate is an odourless crystalline substance commonly used as a fertiliser that has been the cause of numerous industrial...
  • Ammonium nitrate is an odourless crystalline substance commonly used as a fertilizer that has been the cause of numerous industrial explosions
  • Security forces raided a fertilizer warehouse in the eastern Bekaa Valley, considered a hub for smuggling operations between Lebanon and Syria

Iran looks east after China-led bloc okays entry

Iran has been trying to enter the SCO for years, and was close last year, but Tajikisatn objected to it.
  • Iran has hailed its acceptance into the Shanghai Cooperation Organization, a bloc led by China and Russia
  • This, for it, was an eastward turn that it sees as opening access to major world markets and a counter to Western sanctions

Algeria’s ex-president Bouteflika dies

Bouteflika became president of Algeria in 1999 as the former French colony emerged from a decade of civil war that...
  • The former strongman had left office in April 2019 under pressure from the military
  • After quitting, he had stayed out of the public eye at a residence in western Algiers

US approves $500mn helicopter maintenance deal for Saudis

Under the deal, US will provide 350 contractor technicians and two government officials over two years to handle the maintenance...
  • Before his election Biden had promised to make Saudi leaders "pay" for the murder of US-based journalist Jamal Khashoggi.
  • In late January Biden ordered a review of all arms contracts concluded by his predecessor Donald Trump with Saudi Arabia and other countries.

UAE to establish business council with Estonia

The council will aim to enhance bilateral economic and trade relations between the two countries.
  • The MoU was signed by Abdullah Mohammed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry
  • Peeter Raudsepp, CEO of Enterprise Estonia, signed the agreement on behalf of his country

UAE to invest billions of pounds in UK

The UAE has vowed to invest £10 billion ($13.8bn) in the UK over five years as Abu Dhabi Crown Prince...
  • The focus of investment will be on the UK's technology, infrastructure and energy transition sectors
  • Mubadala's investment plans is likely to 'drive a significant increase' across the three target sectors

First Iranian fuel deliveries reach Lebanon

Lebanon has been without a government for more than a year, and the main priority of Prime Minister Najib Mikati's...
  • The first Iranian ship with fuel reached the Syrian port of Baniyas earlier this week
  • The cargo was offloaded there and trucked to Lebanon, the first of several planned deliveries

Russia to build Kazakhstan’s first nuclear power plant

Almaty, Kazakhstan - Russian nuclear energy giant Rosatom will lead the construction of the first atomic power plant in Kazakhstan,...

Company News

Latest News

SFD-financed Arkiz Agricultural Project in Mauritania inaugurated

Dubai, UAE -- The Arkiz Agricultural Project in Mauritania, which has been financed by the Saudi Fund for Development (SFD)...

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...

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

Most Read

US sees new isolation from Israel support

In one step back from the newfound isolation, the Un on Friday, after painstaking negotiations, let through a UN Security...
  • A survey of six Arab publics last month showed that just seven percent believed the United States played a positive role in the war
  • Polling showed the main beneficiaries in Arab opinion have been China, Russia and Iran, which has historic tensions with the Arab world

Israeli strikes on Gaza kill 200 people in 24 hours

The high civilian toll in the latest Israeli strikes on the besieged territory comes in spite of growing calls for...
  • Most of the fighting is now centred on Gaza City and the southern city of Khan Yunis
  • Hamas authorities said the death toll from this war has now surged beyond 20,000

Syrians cancel Christmas festivities in solidarity with Gaza

The Syriac Catholic Church was not alone, with the leaders of three of Syria's major churches -- the Greek Orthodox,...
  • The northern Syrian city is usually home to a bustling festive market and a huge Christmas tree
  • The UN has said the ongoing Israeli military campaign left no safe place anywhere in the strip