INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

United States not going anywhere: US envoy on XI’s Saudi visit

Amid reports of Xi Jinping's visit to Saudi Arabia next week, the US administration said the US would not disappear from the Middle East.
  • There has been speculation about the US's diminishing influence in the region as China and Saudi Arabia seek to strengthen their ties
  • Xi Jinping could potentially meet with President Biden in November during his trip to Southeast Asia, as he said to his American counterpart

Amid reports of Chinese President Xi Jinping’s visit to Saudi Arabia next week, U.S. President Joe Biden’s administration said the US would not disappear from the Middle East.

There has been speculation about the US’s diminishing influence in the region as China and Saudi Arabia seek to strengthen their ties.

“The major message that the president brought to the region is that the United States is not going anywhere,” US special envoy for Yemen Tim Lenderking said referring to Biden’s July visit.

Xi Jinping could potentially meet with President Biden in November during his trip to Southeast Asia, as he said to his American counterpart that “now is not the time for crisis.”