INSEAD Day 4 - 728x90

draft

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.
  • Paris, France - The UN has published a draft on climate financing due to be presented at the COP29 in November, laying out the conflicting positions from which the main country blocs will try to clinch the next climate deal. The document, which AFP consulted Friday, is the basis for negotiating...
  • UN rights council to consider call for Israel arms sales halt

    The UN Human Rights Council on Friday is set to consider a draft resolution calling for a cessation of arms sales to Israel, nearly six months into the war in Gaza. If the text is adopted, it would mark the first time that UN’s top rights body has taken a...
  • France drops renewables targets in new energy bill

    The proposed text affirms "the sustainable choice of using nuclear energy as a competitive and carbon-free" source of electricity. But the proposed text sets no such targets for building renewable capacity, in particular wind and solar, whereas previous energy laws did.
  • 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 Training and Documentation Center for South-West Asia and the Arab Region'. Qatar sponsored and facilitated negotiations every two years since its establishment in 2008, with its headquarters in Doha. Sheikha...
  • OECD says sizeable progress made on sharing tax revenue on multinationals

    Nearly 140 countries have taken a first step towards reaching agreement on a fairer distribution of tax revenues from multinational firms, the Organization for Economic Co-operation and Development said. Some 138 countries, which account for over 90 percent of global economic output, agreed on a first draft of a convention...
  • Kuwait 2023-24 draft budget estimates $22.2 billion deficit

    Lower oil prices and volumes attributed to the estimated deficit, according to a newspaper report. MP Osama Al-Zaid said the draft budget estimates oil revenues of 17 billion dinars, a 19.5 percent decrease from the previous budget.
  • Nations closer to global guidelines on disease outbreaks, says WHO

    NEW YORK, US - Governments agreed on a way forward to update disease outbreak regulations ahead of meetings to draft new global guidelines for tackling pandemics, the World Health Organization (WHO) said. According to United Nations News Center, the two processes are complementary. They are guided by the need of...
  • US denies hints it is delaying Iran nuclear talks

    Denying suggestions that it is stalling a potential agreement to resurrect the Iran nuclear deal, State Department spokesman Ned Price said that the US has taken additional time to' seriously review' the Iranian comments in response to the EU text sent to both Tehran and Washington.
  • Charter can lead to a dictatorship: Tunisian jurist

    The Tunisian jurist who oversaw the drafting of a new constitution submitted to President Kais Saied said Sunday it has been changed into a charter that could lead to a dictatorship
  • Tunisian jurist who oversaw drafting of new constitution resigns

    Some articles of the draft constitution published last Thursday in the official journal could "pave the way for a dictatorial regime", warned Sadeq Belaid, who headed the committee.
  • Rights groups want Tunisia to revoke freedom-choking draft law

    The leaked draft law could permit authorities to dissolve civil society groups at will without going through the courts.
  • Qatar approves draft social security and military retirement laws

    Qatari cabinet has approved draft social security and military retirement laws aimed at establishing "an effective social protection system for all Qataris to face the burdens of life, meet the aspirations of retirees and ensure a decent life for them and their families". The draft laws call for expanding the...