INSEAD Day 4 - 728x90

Geostrategy

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.

Trump issues stark warning to Israel over annexing West Bank as Rubio begins visit

"It won't happen," Trump said when asked about calls in Israel to annex the Palestinian West Bank which has been...
  • Trump's remarks were made to Time magazine by telephone on October 15, just days after the Gaza ceasefire plan he spearheaded took effect, but were only published on Thursday
  • "It won't happen," Trump said when asked about calls in Israel to annex the Palestinian West Bank which has been occupied by Israel since 1967. "It won't happen."

Oil prices surge as Trump hits Russian crude with sanctions

The international benchmark contract, Brent North Sea crude, jumped 4.8 percent while West Texas Intermediate was up 5.1 percent. Trump on Wednesday announced...
  • The move was joined by another round of punishments by the European Union as part of attempts to pressure Moscow to end its three-and-a-half-year invasion of Ukraine.
  • According to industry analysts the two companies account for just over half of Russia's oil output, and both also produce natural gas.

Saudi Arabia to host ATP Masters 1000 tennis event from 2028

Paris, France -- The ATP announced on Thursday the creation of a new Masters 1000 event which will take place...
  • The new event will be played on hard courts and take place "at the start of the season" in a city yet to be determined, and will last "one week".
  • The long-expected move marks the first ever expansion of the top-tier category of men's tennis since its creation in 1990.

Rubio says Israel annexation moves in West Bank, settler violence ‘threatening’ Gaza peace deal

Israeli lawmakers voted Wednesday to advance two bills on annexing the occupied West Bank, barely a week after President Donald...
  • Israeli lawmakers voted Wednesday to advance two bills on annexing the occupied West Bank, barely a week after President Trump pushed through a deal aimed at ending 2-year war
  • "I think the president's made clear that's not something we can be supportive of right now," Rubio said of annexation as he boarded his plane for a visit to Israel

Norway’s wealth fund to enlist AI for managing climate risks

Oslo, Norway -- Norway's sovereign wealth fund said Wednesday that it would incorporate artificial intelligence tools into its investment analysis...
  • The fund's head of active ownership, Wilhelm Mohn, said AI along with its own analysis tools would allow it to "streamline processes and enhance decision-making".
  • The fund urges the more than 8,600 companies it invests in worldwide to commit to net-zero carbon emissions by 2050.

Global trade system ‘at risk of derailment’: UN chief

Geneva, Switzerland -- The rules-based international trade system is in danger, UN chief Antonio Guterres warned Wednesday, amid spiraling debt,...
  • Guterres said too many countries were trapped in a debt crisis, spending more money on servicing creditors than funding health and education.
  • The UN chief warned that developing countries "continue to be short-changed", with uncertainty rising, investment retreating and supply chains "in turmoil".

ICJ says Israel obliged to allow aid into Gaza as Turkey, Qatar move to protect truce

The ICJ ruling came as aid groups scrambled to scale up much-needed humanitarian assistance into Gaza, seizing upon a fragile...
  • Turkey has taken an active role in talks to secure a ceasefire in Gaza and voiced strong support for US President Donald Trump's peace plan.
  • Erdogan has said Turkey was ready to join an international task force in Gaza, with its military also expressing willingness to participate if needed.

JD Vance voices ‘great optimism’ for Gaza truce on Israel visit, meeting with Netanyahu today

Despite concerns in Israel that Hamas has seized on the pause to reassert itself in Gaza, Vance said Washington would...
  • Despite concerns in Israel that Hamas has seized on the pause to reassert itself in Gaza, Vance said Washington would not set a deadline for the group to disarm
  • That came after US President Donald Trump warned that allied nations in the region would invade Gaza to wipe out Hamas if it failed to comply with the truce

World Bank estimates Syria reconstruction costs at $216 billion

"The conflict has damaged nearly one-third of Syria’s pre-conflict gross capital stock, with direct physical damages to infrastructure, residential buildings, and...
  • Among the categories assessed, infrastructure was the hardest hit, accounting for 48 percent of total damage, equivalent to $52 billion.
  • The report estimates costs of physical assets to range between $140 billion and $345 billion, "with a conservative best estimate" of $216 billion.

Saudi Crown Prince to meet Trump in Washington next month

Riyadh, Saudi Arabia -- Saudi Arabia's Crown Prince Mohammed bin Salman will meet US President Donald Trump during a three-day...
  • The Crown Prince will arrive on November 17 and discuss political, economic and security files with Trump the following day, the source said on condition of anonymity.
  • Some media reports suggest Saudi Arabia is hoping for a US security agreement after Trump's executive order this month pledging to defend its neighbor Qatar from attacks.

Millions join ‘No Kings’ protests across US

More than 3,000 rallies were held across all 50 states, with participation estimates ranging from several million to as many...

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Russia joins Chinese, Iran warships for military drills off South Africa

A Russian warship arrived off South Africa's main naval base Friday to join Chinese and Iranian vessels for military exercises that...

Defiant Khamenei insists ‘won’t back down’ in face of growing Iran protests

Iran's supreme leader Ayatollah Ali Khamenei on Friday insisted the Islamic republic would "not back down" in the face of...

Israel president meets diplomat expected to serve on Trump’s Gaza peace board

Israel's President Isaac Herzog on Thursday met with former UN Middle East envoy Nickolay Mladenov, whom media reports say is...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Yemen separatist leader fled to UAE: Saudi-led coalition

Aidaros Alzubidi was accused of high treason and removed from Yemen's Presidential Leadership Council on Wednesday, while the coalition bombed...
  • Last month's STC offensive brought fresh turbulence to fractured Yemen and exposed deep rifts between Gulf allies Saudi Arabia and the UAE.
  • The oil-rich neighbors formed the backbone of the coalition fighting Iran-backed Houthi rebels in Yemen, who overran the capital Sanaa in 2014 and still control much of the country

Saudi strikes Yemen after separatist leader skips talks

A Saudi-led coalition struck the home province of Yemen's UAE-backed separatist leader on Wednesday, after he failed to show up...
  • The separatists said they were open to discussions but warned they had lost contact with their delegation in Riyadh
  • On Wednesday, more than 15 air strikes hit Dhale, a local official told AFP, killing four people, according to two hospital sources

US energy secretary says will control Venezuelan oil sales ‘indefinitely’

US Energy Secretary Chris Wright said Wednesday that Washington will control sales of Venezuelan oil "indefinitely," a day after President...
  • Trump said Tuesday that 30–50 million barrels of Venezuelan crude will be shipped to US ports, with the revenue under his control
  • On Saturday, US special forces snatched Maduro and his wife from Caracas and whisked them to New York to face trial on drug charges