INSEAD Day 4 - 728x90

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

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.