INSEAD Day 4 - 728x90

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.

Blinken meets China FM, seeks ‘constructive’ talks

US Secretary of State Antony Blinken (R) and China's Foreign Minister Wang Yi talk before a meeting in Nusa Dua on the Indonesian resort island of Bali on July 9, 2022. AFP
  • Wang said that President Xi Jinping believed in cooperation as well as "mutual respect" between the world's two largest economic powers
  • The meeting between the two, who were on the palm-fringed island for Group of 20 talks, is their first since October

US Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi voiced hopes of working together as they opened rare talks Saturday in Indonesia.

“In a relationship as complex and consequential as the one between the United States and China, there is a lot to talk about,” Blinken said as he and Wang posed before US and Chinese flags at a resort hotel on the island of Bali.

“We very much look forward to a productive and constructive conversation,” Blinken said.

Wang said that President Xi Jinping believed in cooperation as well as “mutual respect” between the world’s two largest economic powers.

“China and the United States are two major countries, so it is necessary for the two countries to maintain normal exchanges,” Wang said.

“At the same time, we do need to work together to ensure that this relationship will continue to move forward along the right track,” he said.

The meeting between the two, who were on the palm-fringed island for Group of 20 talks, is their first since October.