INSEAD Day 4 - 728x90

Geostrategy

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

Foreign firms race to open offices in Saudi Arabia before deadline

Announced in February 2021, Saudi Arabia's regional headquarters (RHQ) program is widely seen as a bid to compete with Dubai...
  • So far, 162 regional headquarters licenses have been granted in sectors including pharmaceuticals, IT and construction, "with many others being processed", the ministry said.
  • The program is "an early litmus test of the degree to which foreign businesses are prepared or willing to comply with and buy into Saudi initiatives", an analyst said.

Turkey FM warns of escalation in nuclear arms race

Tehran, Iran-- Expressing deep concern over Israel's possession of nuclear weapons, Turkish Foreign Minister Hakan Fidan has warned of a...
  • Fidan said the failure to denuclearize the region will ramp up the nuclear arms race in the region and the wider world, leading to increased nuclearization in the area
  • The foreign minister said the Arab League and the Organization of Islamic Cooperation were playing crucial roles in addressing the Gaza crisis on the international stage

No deal between Israel and Hamas on hostages: US

The Washington Post, citing unnamed sources, said all parties would halt combat operations for at least five days while some...
  • A White House official said they were continuing to work hard to get to a deal
  • Times of Israel quoted PM Benjamin Netanyahu as saying that "as of now there is no deal"

Gaza, West Bank should be ‘reunited’ under Palestinian Authority: Biden

Israel's top ally Washington has given its full backing to the country's response to the October 7 shock attack by...
  • "A two-state solution is the only way to ensure the long-term security of both the Israeli and Palestinian people", Joe Biden wrote
  • Netanyahu did not reject Biden's plan, but said the Palestinian Authority "in its current form is not capable of receiving responsibility for Gaza

‘Significant’ pause in Gaza war if hostages freed: US official

The White House said Biden and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani discussed "the urgent need for all hostages...
  • Brett McGurk said there will be a surge in humanitarian relief once hostages are released
  • Jordan's FM said it was "unacceptable" to link humanitarian pauses to release of hostages

War in Gaza represents serious setback for efforts to reduce tension: Gargash

Manama, Bahrain-- The ongoing war in Gaza represents a serious setback for the efforts to reduce tension in the region...
  • The diplomatic adviser to the UAE president expressed concern that the violence in the Gaza Strip will only fuel further extremism and instability in the region
  • He said a two-state solution is the only "viable path" to peace for both the Palestinian and Israeli peoples, and it demands strong and sustained international participation

WHO calls Gaza’s Al-Shifa hospital death zone

The UN health agency said that it led an assessment mission to the hospital and determined it was a "death...
  • The team could only spend an hour inside the hospital due to the security situation
  • WHO said that there were 32 babies in the hospital "in extremely critical condition"

GCC leads in climate action despite fossil fuel reliance

The UAE, Saudi Arabia, and Qatar outperform 17 other countries in key areas of green investment, sustainable infrastructure, and energy...
  • The UAE, Saudi Arabia, and Qatar outperform 17 other countries in key areas of green investment, sustainable infrastructure, and energy transition, says a report.
  • Leading the green transformation is the UAE, which has been proactively funding a variety of clean energy projects, including solar, wind, and nuclear energy.

EU chief says union against ‘forced displacement’ of Palestinians

Cairo, Egypt - European Commission President Ursula von der Leyen on Saturday said she was opposed to the "forced displacement of...
  • Visiting Egypt, Von der Leyen "thanked Egypt for its key role in providing and facilitating humanitarian aid to vulnerable Palestinians"
  • She discussed with Egyptian president "the ongoing humanitarian crisis in Gaza" and a "political horizon based on a two-state solution"

Manama Dialogue helps in addressing political, security challenges, says GCC

MANAMA, BAHRAIN – Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi has said that the hosting of...
  • The conference brings together global senior officials and experts to exchange ideas and theories about common challenges.
  • It will help in understanding and analyzing issues, promoting security, peace, prosperity and supporting sustainable development.

Long-shot socialist and Trump foe Mamdani becomes next New York mayor

The self-proclaimed socialist, who has been re-elected three times, forged an image that has become his trademark -- a progressive...

Company News

Latest News

How are the 2026 World Cup contenders shaping up?

Only eight countries have won the World Cup in 22 editions up to the most recent tournament in Qatar, when...

Money, mining and marine parks: The big issues at UN ocean summit

Nice, France -- France is hosting world leaders this week to confront what the United Nations calls a global "emergency"...

Activist aid ship nears Gaza after reaching Egypt coast: organisers

Cairo, Egypt - An aid ship with 12 activists on board, including Swedish climate campaigner Greta Thunberg, is nearing Gaza,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Iran says US travel ban reflects ‘racist mentality’

Tehran, Iran - Tehran denounced on Saturday the US travel ban on Iranians and citizens of 11 other mostly Middle...
  • US President Donald Trump signed on Wednesday an executive order reviving sweeping restrictions that echo his first-term travel ban
  • An Iranian foreign ministry official said that the ban was discriminatory and would "entail international responsibility for the US government."

Israel admits to supporting anti-Hamas armed group in Gaza led by Yasser Abu Shabab

Prime Minister Benjamin Netanyahu admitted that Israel is supporting an armed group in Gaza that opposes the militant group Hamas,...
  • Israeli and Palestinian media have reported that the group Israel has been working with is part of a local Bedouin tribe led by Yasser Abu Shabab
  • The European Council on Foreign Relations (EFCR) think tank describes Abu Shabab as the leader of a "criminal gang operating in the Rafah area

Israel warns of more Lebanon strikes if Hezbollah not disarmed, Lebanon says truce violated

Thursday's attacks on what the Israeli military said were underground Hezbollah drone factories came after an Israeli evacuation call on...
  • Hezbollah sparked months of deadly hostilities by launching cross-border attacks on northern Israel in stated solidarity with Palestinian ally Hamas
  • Lebanese President Joseph Aoun late on Thursday voiced "firm condemnation of the Israeli aggression" and "flagrant violation of an international accord."