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

Ships violating seafarers’ rights can’t enter UAE waters

The country launches 'Supporting Our Blue Army' initiative that will seafarers overcome the challenges arising out of the pandemic, travel...
  • Launch of ‘Supporting Our Blue Army’ initiative to protect rights of seafarers with ship owners and companies.
  • Expected to have global impact, it will also help seafarers overcome the challenges arising out of the pandemic, travel restrictions.

Hezbollah chief vows ‘proportionate’ response to any Israel air strike

Hezbollah leader Hassan Nasrallah described the air strikes this week as a 'very dangerous development'
  • Hezbollah leader Hassan Nasrallah described the air strikes this week as a 'very dangerous development'
  • Israel carried out its first air raids on Lebanese soil in years on Thursday, prompting Hezbollah to fire rockets back at the Jewish state the following day

Aramco likely to post bumper profit for Q2

Aramco is expected to post a bumper profit for the second quarter of this fiscal on the back of high...
  • Bank of America predicts a net profit of $24 billion in the second quarter, up 16 percent from the previous three months
  • JPMorgan estimates $23.7 billion, while Alrajhi Capital is expecting Aramco to report $25.3 billion

Israeli foreign minister to visit Morocco

Morocco was one of four Arab states to agree last year to normalize ties with Israel, along with the United...
  • Lapid’s visit comes after the first direct commercial flights between Israel and Morocco were launched in July
  • Morocco was one of four Arab states to agree last year to normalize ties with Israel, along with the United Arab Emirates, Bahrain and Sudan

G7 blames Iran in deadly tanker attack, US releases ‘evidence’

The UN Security Council also agreed to discuss the incident off the coast of Oman on Monday
  • The UN Security Council also agreed to discuss the incident off the coast of Oman on Monday
  • Iran has strongly denied having any link to the attack on the M/T Mercer Street

OIC panel urges cooperation in post-Covid affairs

Member states urged to work alongside regional and international stakeholders to devise people-centered policies.
  • Member states urged to work alongside regional and international stakeholders to devise people-centered policies.
  • Stress laid on cooperation with political, religious, and community leaders to foster universal human rights values.

US extends Iraq’s sanction waiver for four months

The extensions follow a visit to Washington by Iraqi Prime Minister Mustafa al-Kadhemi to meet US President Joe Biden.
  • The extensions follow a visit to Washington by Iraqi PM Mustafa al-Kadhemi to meet President Biden
  • Iraq buys gas and electricity from neighbouring Iran to supply about a third of its power sector

47 metric tons of medical supplies from UAE arrive in Tunisia

The supplies that included respirators and oxygen cylinders were sent by two cargo planes.

Israel can ‘act alone’ against Iran after ship attack: Bennet

Bennett said Israel had shared intelligence with the United States, Britain and others also tying Iran to the attack.

Year after Lebanon blast, children still in distress: UN

Nearly one in two adults also showing signs of psychological distress, according to UNICEF survey of 1,200 families.

Israel urges Egypt to block Gaza-bound activist convoys

Israel's defence minister on Wednesday called on Egypt to block two pro-Palestinian activist convoys planning to head to Egypt's Rafah...

Company News

Latest News

At least 118 dead in northwest China earthquake

US Geological Survey said Monday night's magnitude-5.9 quake struck at a shallow depth with an epicenter around 100 kilometers from...

US forms coalition to combat Houthi attacks in Red Sea

US Defense Secretary Lloyd Austin said in a statement that countries seeking to defend "the foundational principle of freedom of...

MENA faces economic turbulence due to Gaza conflict

The Israel-Hamas conflict not only threatens regional stability but also poses significant economic challenges for MENA nations, says Fitch Ratings.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Oil prices rise following Red Sea attacks

Oil prices shot up three percent as more companies suspended shipping through the Red Sea following attacks on vessels by...
  • Yemen's Iran-backed Houthi rebels said on Monday that they had attacked two "Israeli-linked" vessels in the Red Sea..
  • Ships must travel through the Red Sea to use the Suez Canal, a key transit route for cargo and oil..

UAE issues federal decree on regulating electronic, digital media

ABU DHABI, UAE - The UAE Government has issued a federal decree which aims to regulate and organize media in...
  • The decree aims to promote the UAE as a global media hub and establish an enabling environment for the growth and prosperity of the sector.
  • The provisions of the decree apply to individuals, organizations, media outlets, and free zones dedicated to the media in the UAE.

South Africa threatens citizens fighting for Israel with prosecution

"Such action can potentially contribute to the violation of international law and the commission of further international crimes, thus making...
  • The government has previously said the State Security Agency (SSA) was tracking them down. South Africans need prior government approval to legally fight in Israel.
  • South Africa has long been a vocal supporter of the Palestinian cause, with the ruling African National Congress (ANC) party often linking it to its own struggle against apartheid.