INSEAD Day 4 - 728x90

Geostratgey

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.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.
  • The boat was spotted on Monday almost 200 miles from the island of Sal by a Spanish fishing boat, which alerted Cape Verde authorities, police said. Around 40 survivors and several dead bodies were found on the boat, but sources differed on the exact number. The local morgue said it...
  • Turkish inflation surges in July at 47.83 percent

    The new figure comes as Turkey radically shifts its policies since the May election that includes an end to more than a two-year era of ultra-low interest rates. Last week, the central bank revised its year-end inflation forecast to 58 percent from 22.3 percent after years of doubts from independent...
  • US delegation presses Taliban at Doha meeting on women’s rights

    The closed-door meeting was one of the highest-level known gatherings of US and Afghan government officials in months, with the Washington team headed by Special Representative Thomas West and Kabul's by Foreign Minister Amir Khan Muttaqi. The US statement did not, however, identify the Afghan representatives -- describing them only...
  • Iran to ‘pursue rights’ over disputed gas field, also claimed by KSA, Kuwait

    Earlier this month, Kuwait had invited Iran for another round of maritime border talks after Tehran said it was ready to start drilling in the field. On Thursday, Sky News Arabia quoted Kuwait's Oil Minister Saad Al-Barrak as saying his country would begin "drilling and production" at the gas field...
  • Israel troops kill Palestinian teen in West Bank: ministry

    So far this year, violence linked to the Israeli-Palestinian conflict has killed at least 203 Palestinians, 27 Israelis, one Ukrainian and one Italian, according to an AFP tally compiled from official sources on both sides. They include, on the Palestinian side, combatants as well as civilians and, on the Israeli side, three members of the...
  • 8 civilians, 7 soldiers killed in separate Yemen blasts

    A government security official said that "an arms dealer was killed along with his wife and five of his children and another eighth person inside the family's home while dismantling a projectile left over from the war". Another security official confirmed the death toll of the incident, which took place...
  • Israel’s Netanyahu to visit Turkey days after Palestinian leader

    Netanyahu's office confirmed the visit, the first by an Israeli prime minister since Ehud Olmert in 2008. Turkey's diplomatic drive comes at a time when the Israeli-Palestinian peace process is at a standstill, against a backdrop of the worst violence in years in the occupied West Bank.
  • After five years of driving, roadblocks remain for Saudi women

    Women drivers in Saudi Arabia is just one example, Jawhara al-Wabili says, of how women's rights have blossomed in recent years, allowing them to become ambassadors, bank directors, university administrators and even astronauts. Saudi scientist Rayyanah Barnawi took part in a mission to the International Space Station just this past...
  • Global maritime sector improves carbon-reduction target: draft deal

    Compared with 2008 levels, the United Nations' global shipping regulator has agreed to cut total annual emissions of greenhouse gases "by at least 20 percent, striving for 30 percent, by 2030" and "by at least 70 percent, striving for 80 percent, by 2040". The current target was a 50-percent reduction...
  • Saudi Arabia summons Swedish ambassador over Quran burning

    The kingdom had already condemned Wednesday's incident in which an Iraqi citizen living in Sweden stomped on the Muslim holy book and set several pages alight. The foreign ministry summoned the ambassador on Sunday to urge Sweden "to stop all actions that directly contradict international efforts seeking to spread the...
  • In deadliest attack this year, Russian strikes kill 13 in rebel-held Syria

    Russian forces which back President Bashar al-Assad's regime were responding to rebel drone strikes over the past week that killed four civilians including two children, according to the Observatory. Six civilians died in Jisr al-Shughur and three rebel fighters were killed nearby by Russian air strikes. Another three civilians, including...
  • Protesters demand ‘justice’ on anniversary of Spain-Morocco border crush

    Activist Quinndy Akeju said many families "had not yet identified or buried their dead" after some 2,000 migrants -- many from conflict-torn Sudan -- stormed the metres-high fence that seals off Melilla from Morocco on June 24, 2022. She claimed there had been no "independent inquiry" into how Moroccan and...
  • Israeli forces kill four Palestinians in West Bank raid

    "Two martyrs and 28 injured as a result of the ongoing (Israeli) aggression on Jenin," a statement from the Palestinian health ministry said, without elaborating on the identity of those killed. Jenin's deputy governor, Kamal Abu al-Rub said, "The army stormed the (Jenin refugee) camp and the city after the dawn...
  • Paris summit to push for global debt and climate reform

    France says the two-day summit, which begins on Thursday and will bring together some 50 heads of state and government, was more of a platform for ideas sharing ahead of a cluster of major economic and climate meetings in the coming months. With fewer leaders from wealthier countries attending, Friederike...
  • Iranian president boosts Nicaragua ties on tour of US-sanctioned countries

    In Venezuela, Raisi and Venezuelan leader Nicolas Maduro announced that they signed 25 accords, across sectors ranging from education and health to mining. Nicaraguan President Daniel Ortega said he and Raisi signed a "basic memorandum of these steps that we are going to continue developing" to increase exchange between the...
  • Desperate Syrians recycle plastic waste to make living

    Recycling, in rebel-controlled Syria, is rather a grim lifeline than environmental impulse for desperate residents searching for work or items they otherwise could not afford.
  • Egypt tightens visa requirements for Sudanese fleeing war

    Since the eruption of violence some 200,000 Sudanese nationals have entered Egypt, most of them through land crossings. Egyptian authorities had so far exempted Sudanese women of all ages, children under 16 and anyone over 50 from having to obtain a visa prior to arrival at a point of entry.
  • The phase down of fossil fuels is inevitable: Emirati COP28 chief

    Al-Jaber, who runs the Abu Dhabi National Oil Company (Adnoc), defended a COP28 roadmap that includes a "global goal to triple renewable energy, double energy efficiency, and double clean hydrogen, all by 2030." His comments came as numerous participants and observers in the UN climate negotiations have called on al-Jaber...
  • Gazprom 2022 profit at US$15bn  

    With Europe off limits, Gazprom has turned toward Asia.
  • Erdogan: Turkey’s irresistible force nears final election test

    Known to his inner circle as "beyefendi" (sir) and to admirers as "reis" (the chief), Erdogan prides himself on being able to woo doubters through tireless campaigning. This passion has helped him and his party win more than a dozen local and national elections, allowing Erdogan to claim a people's...
  • Eyes on Bashar al-Assad as Arab summit kicks off in Saudi

    The summit in Saudi Arabia comes at a time when the world's biggest oil exporter is flexing its diplomatic muscle across the Middle East and beyond. It follows a frenetic stretch of high-stakes diplomacy triggered by the kingdom's surprise Chinese-brokered rapprochement deal with Iran announced in March.
  • Ukraine grain deal extended for two months: Erdogan

    Erdogan made the announcement one day before it had been due to expire, scoring a diplomatic coup ahead of a May 28 runoff election in which he will try to extend his two-decade rule until 2028. He thanked "my precious friend", Russian President Vladimir Putin, Ukrainian counterpart Volodymyr Zelensky and...
  • Iranians take up homegrown apps as Western apps are banned

    Iranians are accustomed to using virtual private networks, or VPNs, to evade restrictions and access prohibited websites or apps, including the US-owned Facebook, Twitter and YouTube. The authorities went as far as imposing total internet blackouts during the protests that erupted after the September death of 22-year-old Mahsa Amini, following...
  • Syria extends humanitarian aid access via two border crossings: UN

    Following international pressure, Damascus agreed to let the UN use the Bab al-Salama and Al-Rai crossings, operated by Turkish-backed rebels, to bring in food and medical supplies for three months. The permission had been set to expire May 13, so Syria's decision was welcome news for those affected as well...
  • Iran to receive fighter jets from Russia in sign of growing military ties

    Tehran, Iran--Iran will begin to receive the first batch of Russian SU-35 fighter jets next week, according to Mehr News Agency. Tehran and Moscow have embarked on deepening cooperation amid massive Western sanctions. Iran and Russia have signed major deals in recent months to boost economic, trade, energy and military...
  • Iran’s president visits Syria for first trip since war

    Preparations for Raisi's visit have been underway for days in the Damascus district housing Iran's embassy, with concrete barriers in front of the mission removed, an AFP correspondent said. Iran's president leads a senior "economic-political delegation" for his two-day trip at Assad's invitation, Iranian state media reported.
  • Morocco intercepts 550 migrants trying to reach Europe

    Coastguards of the kingdom's navy operating in the Mediterranean and Atlantic rescued 552 illegal migrants of varying nationalities between April 8 and 18," mostly from sub-Saharan African countries, the military source told official news agency. The source said among them were people attempting the crossing aboard makeshift boats, in canoes,...
  • Turkey set to approve Finland’s NATO bid

    Finland and its neighbour Sweden ended decades of military non-alignment and decided to join NATO last May. Their applications were accepted at a June alliance summit but the bids still needed to be ratified by all the members' parliaments -- a process that stalled with Turkey and Hungary.
  • Poor and war-weary Yemenis cut trees for fuel, cash

    A more than eight-year-long war between Saudi-backed government forces and pro-Iran Houthi rebels has devastated Yemen, the poorest country on the Arabian Peninsula. The war has caused hundreds of thousands of deaths both directly and indirectly, and pushed the nation to the brink of famine.
  • In new mass rally Israelis protest against judicial reforms

    Israeli media reported the crowds were again in the tens of thousands, after lawmakers this week took a step towards approving the reforms which are a cornerstone of Prime Minister Benjamin Netanyahu's latest administration, which took office in December. Critics have condemned the reforms as an assault on the independence...
  • Algeria allocates $1 billion for development projects in Africa

    The decision of the Algerian President was announced in a speech read by Prime Minister Aimene Benabderrahmane at the annual African Union summit of leaders in the Ethiopian capital, Addis Ababa.
  • All hands on deck as UN meets to protect high seas

    Another two weeks of negotiations ended with no agreement in August last year, but advocates and officials have expressed cautious optimism ahead of the coming session. "There are a lot of negotiations and discussions happening between delegations trying to find middle ground on some of the key sticky issues... at...
  • Oil rises as Russia cuts output after Western price cap

    Brent, the international benchmark, and its US counterpart WTI, which had been down earlier in the day, jumped more than two percent after Russian deputy prime minister Alexander Novak said production would be cut by 500,000 barrels per day, or five percent of output, in March. "Crude prices reacted positively...
  • Former Egypt Prime Minister Sherif Ismail dies at 67

    Ismail was sworn in as prime minister in 2015 before resigning in 2018 as Sisi began his second presidential term, after a landslide victory against one of his supporters.
  • SK Hynix posts record loss

    The company is world's second-largest memory chip maker
  • Turkey comes out with retaliatory travel alert for US, EU

    Ankara has been most recently outraged by anti-Islamic protests by a far-right extremist who was allowed to burn the Koran outside the Turkish embassies in Stockholm and Copenhagen.