INSEAD Day 4 - 728x90

UN

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
  • UN chief calls for urgent actions as world faces Category 5 storm

    Davos-Klosters, Switzerland – UN Secretary-General Antonio Guterres, in a wide-ranging address that touched on the most critical issues facing the world, urged leaders gathered for the Annual Meeting to take urgent action.Taking note of a range of critical threats facing the world, from the economic crisis to war and pandemic,...
  • Economic slowdown will force workers into worse jobs: UN

    The ILO said deficits in decent work had been worsened by multiple, overlapping crises, including Russia's war in Ukraine, emerging geopolitical tensions, an uneven recovery from the Covid-19 pandemic and continuing supply chain bottlenecks.
  • UN bemoans ‘intolerable’ loss of 5 million children in 2021

    United Nations, United States--An estimated five million children under the age of five died in 2021, the United Nations said Tuesday, urging health care investment in underserved communities around the globe to avoid this "immense, intolerable and mostly preventable loss of life." "Every day, far too many parents are facing the trauma...
  • US Navy says seizes weapons en route from Iran to Yemen

    DUBAI, UAE  - The US Navy said Tuesday it had seized over 2,000 assault rifles smuggled on a fishing boat along a maritime route from Iran to Yemen. The cargo was discovered on Friday off the coast of Oman "on a route historically used to traffic illicit cargo to the Huthis...
  • Pakistan to seek billions in Geneva conference for flood recovery

    Months after the floods left most of the country devastated, Pakistan will seek billions in international support toward its recovery and to help it better resist climate change. It will co-host a conference with the UN in Geneva, urging countries, organizations and businesses to step up with financial and other...
  • Erdogan asks Putin to announce ‘unilateral’ ceasefire in Ukraine

    Erdogan's call for a ceasefire followed a proposal earlier Thursday by Russia's spiritual leader Patriarch Kirill for an Orthodox Christmas truce this week.
  • Lebanon charges seven for Irish UN peacekeeper killing

    Lebanon has charged seven people for participating in an attack against United Nations peacekeepers that killed one Irish soldier in mid-December, a judicial official said. Private Sean Rooney, 23, was killed and three others injured on December 14 when their UN Interim Force in Lebanon vehicle was attacked near Al-Aqbiya...
  • UNESCO praises Saudi Arabia for its success in e-education governance

    RIYADH, SAUDI ARABIA - The United Nations Educational, Scientific and Cultural Organization (UNESCO) has praised the achievements of Saudi Arabia in e-education governance. In its publication "Guide to measuring information and communication technologies (ICT) in education",  UNESCO said that Saudi Arabia's National E-Learning Center is an example to be followed...
  • More than 45,000 migrants made Channel crossing to UK last year

    Migrant issue has become a huge political problem for the Conservative government, which has promised to bring down illegal immigration and break the smuggling gangs that carry out the crossings.
  • Arab world welcomes UN vote on Israeli occupation

    From Arab League to Organization of Islamic Cooperation (OIC), most of the Arab world has expressed support for UN's vote asking the International Court of Justice (ICJ) for an opinion on the legal consequences of Israel's occupation of the Palestinian territories.
  • UN General Assembly refers Israeli occupation to ICJ in Hague

    United Nations, US--The UN General Assembly on Friday asked the International Court of Justice to consider consequences for Israel over its occupation of Palestinian territories, a day after the Jewish state's most right-wing government ever took over. The General Assembly voted 87-26 with 53 abstentions on the resolution, with Western nations...
  • UN asks Taliban to end anti-women policies in Afghanistan

    "No country can develop -- indeed survive -- socially and economically with half its population excluded," Volker Turk, the United Nations High Commissioner for Human Rights, said.
  • DEWA 9th Sustainability Report showcases its progress in sustainable development

    DUBAI, UAE - The ninth Sustainability Report 2021 issued by Dubai Electricity and Water Authority (DEWA) highlights its efforts and achievements in supporting sustainable development in all its economic, social and environmental aspects. It introduces partners, relevant entities and all stakeholders to its performance and practices in sustainability. The report...
  • Top UN, NGO officials to meet over Taliban ban on women staff

    "A meeting of Humanitarian Country Team (HCT) is scheduled later today to consult and discuss how to tackle this issue," Tapiwa Gomo, public information officer for the UN Office for the Coordination of Humanitarian Affairs, told AFP.
  • Festive spirit in Bethlehem after dull pandemic years

    With a giant evergreen tree, colorful balloons in the streets and selfies in the Church of the Nativity, Christmas tourism has returned to Bethlehem after two years of Covid-linked curbs.
  • Iraq tells visiting Italy PM it seeks closer economic ties

    Iraq's prime minister appealed to visiting Italian counterpart Giorgia Meloni for closer economic ties with his oil-rich country suffering from power cuts and decaying infrastructure. Meloni, who leads the eurozone's third-largest economy, is on her first bilateral trip outside Europe. She is on a pre-Christmas visit to Italian troops posted...
  • Lebanon identifies suspects in UN peacekeeper’s killing

    Beirut, Lebanon--Lebanese investigators have identified suspects in the fatal shooting of an Irish United Nations peacekeeper whose vehicle came under fire earlier this month, a judicial official told AFP on Thursday. Private Sean Rooney, 23, was killed and three others injured on December 14 when their UN Interim Force in Lebanon...
  • Israeli troops kill Palestinian militant in West Bank clashes

    Nablus has seen frequent clashes between Israeli troops and Palestinian militants in recent months, as the army has stepped up operations in Palestinian towns and cities in response to a wave of deadly attacks on Israeli targets earlier this year.
  • Months after deadly quake, Afghan survivors get new homes

    In Afghanistan, hundreds of earthquake-resilient concrete homes, many built by local laborers with the support of the United Nations refugee agency, have now been handed over to survivors who were until now living in makeshift tent cities.
  • Iran says Jordan summit is a good opportunity for nuclear talks

    TEHRAN, IRAN - Iran's foreign minister said Monday that a summit to take place this week in Jordan will be a "good opportunity" for negotiations aimed at restoring the 2015 nuclear accord. On-off talks to revive the deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), started in April...
  • UN nature deal calls to protect 30% of planet by 2030

    MONTREAL, CANADA - A UN nature deal proposed Sunday calls to protect at least 30 percent of the planet by 2030 and asks rich countries to stump up $20 billion in yearly aid for developing nations to save their ecosystems. China, chairing the COP15 biodiversity summit in Montreal, presented a long-awaited...
  • French-Palestinian lawyer Salah Hamouri expelled by Israel

    Hamouri, 37, had been held under a controversial practice known as administrative detention, which allows suspects to be detained for renewable periods of up to six months.
  • Iran boasts enriched uranium capacity hits record highs

    On the eve of UN nuclear monitors visit to the country, Iran disclosed that its uranium enrichment capacity has increased to record levels. Its head of the Atomic Energy Organization has said the enrichment capacity has reached more than twice the entire history of this industry.
  • UN force in Lebanon calls for probe into Irish peacekeeper’s death

    The United Nations' peacekeeping force in south Lebanon urged Beirut to ensure a "speedy" investigation into an Irish soldier's shooting death near the Israeli border. The peacekeeper's convoy came under fire late Wednesday near the village of Al-Aqbiya, the Irish military said, wounding three other members of the UN force...
  • Iran assails US after removal from UN rights body

    Hundreds of people have been killed and thousands arrested in the street violence over Mahsa Amini's d, leading to international condemnation and Iran's removal Wednesday from the United Nations Commission on the Status of Women (UNCSW).
  • Irish UN peacekeeper killed in Lebanon after convoy attacked

    Aqibya, Lebanon-- An Irish member of the UN peacekeeping force in south Lebanon was killed and three were wounded after their convoy came under fire, UN and Irish sources said Thursday. "A convoy of two armoured utility vehicles carrying eight personnel travelling to Beirut came under small arms fire" late Wednesday, the Irish...
  • Hamas threatens to end prisoner exchange talks with Israel

    Hamas chief said indirect negotiations over a prisoner exchange were "interrupted because of the elections" in Israel. (AFP)
  • IAEA team to visit Iran on Sunday over nuclear probe

    The Vienna-based International Atomic Energy Agency (IAEA) has for years been calling on Iran to explain the presence of undeclared man-made uranium found at three sites, requesting "access to locations and material" as well as the collection of samples.
  • Wealthy nations oppose new biodiversity fund

    Montreal, Canada-- Creating a new global fund for biodiversity -- a core demand of developing countries at UN talks in Montreal -- "would take years" and be less effective than reforming existing financial mechanisms, Canada's environment minister said Tuesday. Ottawa's position reflects the consensus among developed nations on the thorny issue,...
  • Yemen war has killed or maimed over 11,000 children: UN

    Hundreds of thousands have died since, either as a result of fighting or indirectly through unsafe drinking water, disease outbreaks, hunger and other impacts. The agency's latest numbers confirm 3,774 child deaths between March 2015 and September 2022. A UN-brokered truce lasted for six months until October 2, but warring parties...
  • Activists warn a toothless UN nature pact will fail

    The UN meeting, called COP15, running from December 7 - 19, bringing together nearly 5,000 delegates from 193 countries to try to finalize "a pact of peace with nature," with key goals to preserve Earth's forests, oceans and species.
  • UN biodiversity talks begin, advertised as ‘last chance’ for nature

    Delegates from across the world gathered for the December 7-19 meeting to try to hammer out a new deal for nature: a 10-year framework aimed at saving the planet's forests, oceans and species before it's too late.
  • Gaza fishermen rejoice at finally fixing their boats after UN brokered deal

    Gaza City, Palestinian Territories---Wearing sky blue overalls near Gaza's port, technician Mohammed Jerboa celebrates the chance to finally repair fishing boats after a 15-year Israeli ban on vital materials. It's a "great achievement", he said after sanding down the faded paint as part of a team of workers patching up...
  • UN agency wants FIFA deal for World Cup labour rights role

    Doha, Qatar— After fierce criticism of the Qatar World Cup, the head of the UN labour agency on Sunday pressed FIFA's president for a greater role scrutinizing future World Cup hosts. International Labour Organisation director general Gilbert Houngbo told AFP before meeting with Gianni Infantino that Qatar has been a victim...
  • Saudi Arabia joins Madrid-based International Olive Council

    Madrid, Spain---Saudi Arabia has joined the International Olive Council (IOC), a UN affiliated intergovernmental organization aimed at developing and expanding olives and olive oil trade. The Council also encourages the member countries to develop and modernize commercial standards for products and improve their quality, and enhance international technical cooperation in...
  • Palestinian Santa lifts spirits in Jerusalem

    While Jerusalem is home to the Church of the Holy Sepulchre, which Christians believe contains Jesus's tomb, the Nativity story of his birth happened in nearby Bethlehem, according to the faithful. But at Santa House, Kassissieh said his young visitors have more modern concerns.
  • UN report warns global food crises likely to increase

    ROME, ITALY - The world's ability to nourish its burgeoning population is under threat and without broader socioeconomic and environmental change, sustainable agrifood systems will be impossible to achieve, according to a new report by the Food and Agriculture Organization of the United Nations (FAO) issued Saturday. The report, "The...
  • Financing for nature must more than double by 2025, says UN report

    The world must increase financing for nature-based solutions to meet key climate, biodiversity and land degradation goals, a United Nations report said. The "State of Finance for Nature" report published by the UN Environment Program comes as delegates from nearly 200 countries prepare to meet in Montreal to hammer out...
  • All regions experienced water extremes in 2021, says UN

    GENEVA, SWITZERLAND - All regions of the world saw water extremes last year - both floods and droughts - and billions of people had insufficient freshwater, the United Nations said on Tuesday. Large areas of the planet recorded drier than normal conditions in 2021, the UN's World Meteorological Organization said...
  • In rain-starved Iraq, a dam threatens to swallow farmland

    Five villages are located on the site of the Makhoul dam and "a commission has been formed to ensure adequate damages for residents" and to relocate them.
  • Iran defends strikes on northern Iraq, in letter to UN

    The Islamic republic has launched a series of cross-border missile and drone strikes on Iranian-Kurdish opposition groups, based in Iraq, which it blames for stoking protests back home over the death of Kurdish woman Mahsa Amini. "Iran recently carried out operations against terrorist groups in northern Iraq as it had...
  • Morocco king discusses Western Sahara with UN chief

    The King of Morocco Mohammed VI has reaffirmed its position on the Western Sahara dispute to UN Secretary-General Antonio Guterres in a meeting in the Moroccan city of Fez. The king said the regional dispute should be settled "within the framework of sovereignty and territorial integrity of the kingdom."
  • Five civilians die in rocket fire in north Syria

    Earlier Tuesday, three Syrian government soldiers were killed and others wounded in Turkish bombardments of an air base several kilometres south of Azaz, said the Observatory, which has a wide network of sources inside Syria.
  • UN nuclear chief denounces strikes on Ukraine power plant

    There were more than a dozen blasts overnight Saturday to Sunday, some of which a team of experts from the agency on site had themselves seen, the IAEA said in a statement.
  • COP27 agrees to fund climate damages, no progress on emission cuts

    A final COP27 statement covering the broad efforts to grapple with a warming planet held the line on the aspirational goal of limiting global warming to 1.5 degrees Celsius from pre-industrial levels. It also included language on renewable energy for the first time, while reiterating previous calls to accelerate "efforts...
  • Ukraine, Russia trade blame over nuclear plant shelling

    Kyiv and Moscow traded accusations of shelling on the territory of the Zaporizhzhia nuclear power plant that Russia controls in southern Ukraine. The UN atomic watchdog that has a team of experts at the plant - the biggest nuclear facility in Europe - said "powerful explosions" had occurred on Saturday...
  • ‘Historic’ but ‘not enough’: UN COP27 climate summit reactions

    The summit drew praise for the "loss and damage" fund to help vulnerable countries cope with the destructive impacts of global warming. But there was also anger over a failure to push further ambition on cutting emissions in order to keep alive the aspirational goal of limiting global warming to...
  • Climate damages are key flashpoint as UN COP talks go overtime

    Sharm el Sheikh, Egypt—Climate negotiators were grappling for an agreement Saturday at the UN COP27 in Egypt after high stakes talks went deep into the night with key sticking points over funding for countries wracked by climate disasters and ambition in tackling global warming. The meeting at the Red Sea resort of...
  • Second Russian fertilizer shipment should be for W. Africa, says UN

    After a first shipment of Russian fertilizer blocked in European ports heads for Malawi next week, a second batch should go to West Africa, the United Nations said. The news comes following talks between Moscow and the UN this week, aimed at ensuring that vital Russian fertilizer exports are not...
  • UN climate talks go into overtime to break deadlock over funding

    Representatives from nearly 200 countries have gathered at the COP27 in Egypt for two weeks with the aim of driving forward action on climate change as the world faces a worsening onslaught of extreme floods, heat waves and droughts.