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

Macron arrives at Iraq summit aimed at easing Mideast tensions

Macron warned on Saturday the Islamic State group "remains a threat."
  • Macron warned on Saturday the Islamic State group "remains a threat."
  • Egyptian President al-Sisi and Jordan's King Abdullah II are also due to attend the summit

Khamenei equates Biden with Trump

Iran’s supreme leader Ayatollah Ali Khamenei on Saturday accused US President Joe Biden of making the same demands as his...
  • Ayatollah Ali Khamenei said the current US government was no different from the one headed by Trump
  • "What it demands from Iran on the nuclear issue is different in words, but the same thing that Trump demanded"

Lebanese delegation to seek help from Syria, Jordan, Egypt

The delegation will discuss the possibility of receiving electricity from Jordan and gas from Egypt through Syrian territories.
  • The delegation will include four ministers with different portfolios and some top officials from the Energy Ministry
  • The date of the visit has reportedly not been set yet, but it is expected to happen very soon

Iraq’s Sadr reverses poll boycott call

Iraq’s populist Shiite leader Moqtada Sadr on Friday reversed his decision to boycott the October elections and said his movement...
  • Firebrand populist says he received pledges from ‘certain’ leaders to reform country, end corruption
  • Sadr had said in mid-July that he would not participate in the Oct. 10 parliamentary election and would withdraw support from ‘anyone who claims they belong to us

Regional security in focus as Mideast leaders meet

Leaders from around the MENA region are arriving in Baghdad for a summit meant to lower tensions in the region....
  • France is co-organizing the meeting to discuss security issues in the Middle East
  • For Iraq, hosting the talks is seen as a significant step toward strengthening the country's position in the region

US, Iraq to continue security partnership

The two countries will continue to cooperate to see to it that there is no resurgence of ISIS in Iraq.
  • US and Iraq discussed the role of the Middle-Eastern country in the region
  • They also discussed Iraq’s ‘significant diplomatic efforts’ to bring countries together and de-escalate tensions wherever possible

Vaccine inequality alarming: UN

The UN leaders released a joint statement in which they condemned what they called the ‘crisis of vaccine inequity,’ among...
  • The UN leaders said the global rollout of Covid-19 vaccines was ‘progressing at two alarmingly different speeds’
  • Less than 2 percent of adults are fully vaccinated in low-income countries compared to almost 50 percent in high‑income countries

EU ready to cooperate with Iran

EU Foreign Policy Chief Josep Borrell had a conversation with Iranian Foreign Minister Hossein Amir-Abdollahian in this regard.
  • The EU urged Iran to set date for the next meeting on nuclear talks in Vienna
  • The participation of an EU representative in the Iranian president’s inauguration ceremony showed EU determination

Lebanon taps Dubai’s ENOC for fuel swap

Lebanon is expected to use ENOC’s fuel to generate electricity, as the Iraqi oil is deemed unsuitable for the process.
  • As part of the deal, Lebanon will give ENOC 84,000 tons of Iraqi high-sulfur fuel oil
  • In return, the country will receive 30,000 tons of Grade B fuel oil and 33,000 tons of gasoil

Raisi vows to improve Iran economy, Covid-19 response

The pandemic has hit the worst in the Middle East and it grapples with a fifth and the strongest yet...
  • Fewer than 6.5 million of Iran’s 83 million people have received a second vaccine dose, according to official figures.
  • Choked by US sanctions that have made it difficult to transfer money abroad, Iran says it has struggled to import vaccines.

Iran calls Israeli strikes ‘declaration of war’ amid international calls for restraint

Trump warns Tehran that the "next planned attacks" will be "even more brutal" and said Iran should cut a deal...

Company News

Latest News

Lebanon economy to plunge into recession due to Gaza war

The impact of the conflict had reversed a slight recovery for Lebanon, which has battled a deep economic crisis for...

Turkmenistan worried as Caspian Sea continues to shrink

Turkmenbashi, Turkmenistan - On the Caspian Sea coast in Turkmenistan, Batyr Yusupov can no longer ferry his passengers between two ports....

UN adopts Qatar-sponsored resolution on human rights training center

New York, USA - The UN General Assembly (UNGA) adopted a resolution by 185 votes on 'The UN Human Rights...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Rights group slams Meta for silencing pro-Palestinian voices

"Meta's censorship of content in support of Palestine adds insult to injury at a time of unspeakable atrocities and repression...
  • HRW pointed to "systemic online censorship", reporting more than 1,050 "takedowns and other suppression of content" on Instagram and Facebook from over 60 countries in Oct and Nov.
  • Of the 1,050 cases reviewed, 1,049 involved "peaceful content in support of Palestine that was censored or suppressed, while one case involved removal of pro-Israel content.

Sudan’s displaced forced to flee again as safe zones shrink

Over half a million people had sought shelter in Al-Jazirah state before the paramilitary Rapid Support Forces began advancing on...
  • UNFP said the spread of fighting southwards had forced it to suspend food assistance in parts of Al-Jazirah, calling it a "major setback"
  • By early December, the war between the army and the RSF had killed 12,190 people, according to a conservative estimate by the Armed Conflict Locations

Macron says fighting terror does not mean ‘to flatten Gaza’

President Emmanuel Macron told the France 5 broadcaster, "We cannot let the idea take root that an efficient fight against...
  • Macron called on Israel "to stop this response because it is not appropriate, because all lives are worth the same and we defend them"
  • The bloodiest-ever Israel's invasion of Gaza which began on October 7 has killed over 20,000 civilians, mainly women and children