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 to meet with Israel, UAE diplomats

US Secretary of State Antony Blinken (L) meets Israeli Foreign Minister Yair Lapid (R) in Rome in June 2021 Andrew Harnik POOL/AFP/File
  • Blinken had met virtually in mid-September with Lapid and top Emirati foreign policy adviser Anwar Gargash, as well as top diplomats from Bahrain and Morocco
  • The meeting amounted to a full embrace by President Joe Biden of the so-called Abraham Accords

US Secretary of State Antony Blinken will meet next week with top diplomats from Israel and the United Arab Emirates, the State Department said Saturday, to discuss “progress made” in the year since they agreed to normalization.

“Secretary of State Antony J. Blinken will meet with Israeli Foreign Minister Yair Lapid and the UAE Foreign Minister Sheikh Abdullah Bin Zayed Al Nahyan on October 13 in separate bilateral meetings and then in a trilateral setting,” the State Department said in a statement.

“They will discuss progress made since the signing of the Abraham Accords last year, future opportunities for collaboration, and bilateral issues including regional security and stability.”

Blinken had met virtually in mid-September with Lapid and top Emirati foreign policy adviser Anwar Gargash, as well as top diplomats from Bahrain and Morocco.

The meeting amounted to a full embrace by President Joe Biden of the so-called Abraham Accords, which his predecessor Donald Trump considered a key foreign policy legacy.

“This administration will continue to build on the successful efforts of the last administration to keep normalization marching forward,” Blinken said at the time.

He said that normalization has benefitted the people of the region and helps to address broader challenges including terrorism and climate change.

Lapid — like Blinken, representing a new administration after the accord forged by a right-wing government — said he would pay a first visit to Bahrain later in September. He had already visited the other two Arab states.

“This Abraham Accords club is open for new members,” Lapid said.

The United Arab Emirates last year became the first Arab state to normalize relations with Israel since Egypt and Jordan decades earlier, with Bahrain and Morocco following suit soon afterward.

The United Arab Emirates agreed to normalization after Israel’s then-prime minister Benjamin Netanyahu backed away from the prospect, blessed by Trump, of annexing vast swaths of the West Bank.