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

Gaza rescuers say Israel fire near aid centre kills 31

The Gaza civil defence agency said Israeli forces opened fire on people waiting to enter a US-backed food distribution centre...

‘Complete stop’: New Turkish wall confronts fleeing Afghans

A concrete wall, topped with barbed wire and surrounded by trenches, is being erected along Turkey's border with Iran
  • A concrete wall, topped with barbed wire and surrounded by trenches, is being erected along Turkey's border with Iran
  • Official data shows 120,000 Afghan refugees in Turkey, and up to 300,000 undocumented Afghan migrants

UAE hosting Afghan ex-president ‘on humanitarian grounds’

Ghani fled Afghanistan on Sunday as the Taliban closed in on Kabul, before the insurgents walked into the Afghan capital...
  • Ghani fled Afghanistan on Sunday as the Taliban closed in on Kabul, before the insurgents walked into the Afghan capital unopposed
  • In a Facebook post, Ghani said the "Taliban have won" and that he fled to avoid a "flood of bloodshed".

Iran, Turkey anticipate refugee crisis as Taliban takes over Kabul

Both already host large refugee populations — 3.6 million Syrians in Turkey and 3.5 million Afghans in Iran
  • Both already host large refugee populations — 3.6 million Syrians in Turkey and 3.5 million Afghans in Iran
  • Both countries are battling the coronavirus pandemic and facing economic difficulties.

Japan to assist Egyptian institutions in technical education

Egypt has joined hands with Japan to promote technical education in schools and universities, according to Prime Minister Mostafa Madbouly.
  • The prime minister said there were a number of specialist technical universities being rolled out around Egypt and that three had already been established
  • Japan’s KOSEN system accepts students from the age of 15 and provides education based on practical training for a period of five years

Most forest fires under control: Algerian authorities

Algeria is Africa’s biggest country by surface area, and although much of the interior is desert, the north has over...
  • More than 74 fires had been extinguished in the past 24 hours, a spokesman for Civil Protection Authority said.
  • The government has blamed arsonists and a blistering heatwave for the dozens of blazes, but experts criticize authorities for failing to prepare for the annual phenomenon.

UAE, Iraq moot bilateral business council

Iraq and the UAE already conduct trade that was worth around $15 billion in 2019.
  • Abu Dhabi Chamber Chairman Abdullah Mohammed Al Mazrouei and Iraqi Ambassador discussed the setting up of this council
  • Abu Dhabi Chamber Director-General Mohamed Helal Al Mheiri also attended the meeting

Taliban declare ‘war is over’ in Afghanistan

Taliban on Sunday took control of capital Kabul as Afghan forces, trained for years and equipped by the US and...
  • Kabul airport was flooded by hundreds of people desperate to leave the country and scuffles broke out after departures were halted.
  • Taliban have said they don't want to live in isolation and call for international peace.

Covid-19: Abu Dhabi issues new travel norms for green countries

From Sunday, vaccinated travelers arriving into Abu Dhabi from green list destinations will have to take a PCR test on...
  • Effective from Aug. 20, only vaccinated persons will be allowed to enter public places.
  • The persons with a new residency permit have a grace period of 60 days to be vaccinated.

No survivors in Turkey fire-fighting plane crash

The air tragedy came just as Turkey was gaining control over hundreds of wildfires that killed eight people and destroyed...
  • The air tragedy came just as Turkey was gaining control over hundreds of wildfires that killed eight people and destroyed swathes of forest along the scenic southern coast
  • Scientists believe such natural disasters are becoming more intense and frequent because of global warming caused by polluting emissions

Qatar to Taliban: Adopt ceasefire

It is the clearest call to date from Qatar, which hosts the Taliban's politics office, for the militants to halt...
  • It is the clearest call to date from Qatar, which hosts the Taliban's politics office, for the militants to halt their lightning advance across Afghanistan
  • It followed a meeting in Doha between the minister, Sheikh Mohammed bin Abdulrahman Al-Thani, and the head of the Taliban's political office, Mullah Abdul Ghani Baradar

Israel strikes Iran’s nuclear sites, kills top generals; Tehran, Iraq shut airspace, casualties reported

Israel's operation struck at the "heart of Iran's nuclear enrichment programme", taking aim at the atomic facility in Natanz and...

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UN Security Council due to vote on delayed Gaza resolution

This week's back and forth comes after an impasse earlier this month, when the United States, despite unprecedented pressure from...

Hamas chief to visit Egypt for Gaza ceasefire talks

According to a source close to the Palestinian Islamist group, Hamas chief Ismail Haniyeh is set to visit Egypt on...

‘Qatar plays crucial role in enhancing transparency’

"Uzbekistan is eager to strengthen its cooperative relationship with Qatar, particularly in anti-corruption efforts. Qatar has achieved advanced rankings and...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israeli army strikes renders Gaza’s Al-Ahli hospital non functional

TEL AVIV, ISRAEL - One of the last remaining hospitals in the northern Gaza Strip stopped operating on Tuesday after...
  • An official told AFP Israeli troops attacked the Al-Ahli hospital and arrested doctors, medical staff and patients, destroying part of the building's grounds
  • At least four people who were wounded by Israeli fire on Monday died on Tuesday after being injured in the Al-Ahli assault, he said

UNICEF terms Gaza world’s ‘most dangerous place’ for children

Geneva, Switzerland - Gaza is "the most dangerous place in the world" for a child, the UN children's agency spokesperson said...
  • "I'm furious that those with power shrug at the humanitarian nightmares unleashed on a million children," UNICEF spokesperson James Elder said
  • He spoke of children having undergone amputations and who were then "killed in those hospitals" as the Israeli army bombardment of the Gaza Strip continues

Hyundai to sell Russian plant

Sales of Hyundai cars have tumbled in Russia.
  • The war in Ukraine has sparked an exodus of foreign companies from Russia, including many major car manufacturers.
  • Sanctions by the European Union, the United States and others have made it increasingly difficult to do business with Russia.