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

India cancels sports minister’s trip to Asian Games in visa row

China had discriminated against some of the Indian athletes "in a targeted and pre-meditated manner", India's foreign ministry spokesman Arindam...
  • Three women martial arts fighters from the Indian state of Arunachal Pradesh were approved to take part in Hangzhou Asian games.
  • But the wushu fighters were unable to download their accreditation cards, which act as visas to enter China, local media reports said.

Netanyahu at UN issues ‘nuclear’ threat to Iran, later retracted

Netanyahu, who has repeatedly used the UN stage to issue dark warnings about Tehran, briefly gave pause at the General...
  • His office soon afterward said that Netanyahu had misspoken and that his prepared text said "credible military threat" instead of "credible nuclear threat."
  • "It was misread as credible nuclear threat. The prime minister stands by the original text of the speech," the prime minister's office said.

EU readies to pay Tunisia for stopping irregular migration

The EU is to start releasing money to Tunisia under a pact aimed at stemming irregular migration from the country,...
  • The EU deal, strongly supported by Italy's far-right government, aims to bolster Tunis's coastguard to prevent boats leaving its shore
  • A first payment of US$135 million will be disbursed "in the coming days," a commission spokeswoman, Ana Pisonero, said

Iran, Djibouti resume diplomatic ties after 7 years

Iran announced the restoring of diplomatic ties with Djibouti over seven years after it joined other regional nations in severing...
  • The move followed Iranian foreign minister Amir-Abdollahian's meeting with his Djiboutian counterpart Mahamoud Ali Youssouf in New York.
  • Djibouti cut ties with Iran in January 2016 after attacks on Saudi missions during protests over Riyadh's execution of a Shiite cleric.

Xi announces ‘strategic partnership’ with Syria after meeting Assad

Assad is on his first official trip to China in almost two decades as he seeks financial support to rebuild...
  • Analysts expect Assad's visit to China will focus, in part, on funds for reconstruction. It also comes as China's influence in the Middle East grows.
  • This year Beijing brokered a deal that saw longtime regional rivals Saudi Arabia and Damascus-backer Iran agree to restore ties and reopen their respective embassies.

Sudan army chief warns UN that war could spill over in region

General Abdel Fattah al-Burhan, the de facto ruler of Sudan since a 2021 coup, alluded to the rival Rapid Support...
  • Burhan has increasingly been traveling around the world in what are seen as efforts to burnish his legitimacy
  • At the United Nations, he urged world powers to designate the Rapid Support Forces, or RSF, as a terrorist group

Canada seeks India cooperation in murder probe

Speaking on the sidelines of the UN General Assembly in New York, Canadian PM Justin Trudeau called on the Indian...
  • On Monday, he said Indian agents played a role in the June murder of Hardeep Singh Nijjar, a Canadian citizen
  • Indian forcefully denied any role in the killing of Nijjar, terming the accusation as "absurd"

Abbas to UN: No Mideast peace without Palestinians’ rights

Palestinian leader Mahmud Abbas's address came a day after Netanyahu discussed Saudi normalization in a meeting with US President Joe...
  • The veteran leader made a new appeal for negotiations and for UN Secretary General Antonio Guterres to call an international conference on creating a Palestinian state
  • An Israeli diplomat walked out of the General Assembly as Abbas denounced the "impunity" for Israel over its "apartheid" policies, a characterization that infuriates Israel

Israeli PM Netanyahu to visit Turkey: Erdogan

Turkey's President Recep Tayyip Erdogan told reporters in New York that he will visit Israel too once Benjamin Netanyahu will...
  • The two leaders met at the Turkish House in New York on the sidelines of the 78th session of the UN General Assembly
  • The two countries also reached an agreement to raise trade volume from $9.5 billion to a minimum of $15 billion

Kuwait seeks support in its bid for UN Human Rights Council seat

New York, US-- Kuwait has exhorted UN member states to back its bid for a seat on the UN Human...
  • The Kuwaiti prime minister gave a peek into the "New Kuwait" vision that aims to position the country as a global financial, commercial, and cultural center
  • He underscored Kuwait's resolve to bridge cooperation and offer solutions to human rights issues in keeping with international law and UN resolutions

US envoy Witkoff felt ‘betrayed’ by Israeli attack on Hamas in Qatar

Washington, United States - US envoy Steve Witkoff, President Donald Trump's chief negotiator on the Middle East, has said that...

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Hamas says open to 5-year Gaza truce, one-time hostages release

Cairo, Egypt - Hamas is open to an agreement to end the war in Gaza that would see all hostages...

Iran, US discuss nuclear deal in third round of talks

Muscat, Oman - The United States and Iran went into detail about a potential nuclear deal Saturday at their third...

Trump, Zelensky meet on sidelines of pope’s funeral

US President Donald Trump on Saturday criticized Russian President Vladimir Putin for attacks on civilian areas of Ukraine in recent...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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UN warns of manmade starvation in Gaza as food aid remains blocked by Israeli authorities

The World Food Programme says it has run out of food in Gaza, warning that hot meal kitchens—Gaza’s last major...
  • WFP, one of the main providers of aid in the Palestinian territory, said it had "delivered its last remaining food stocks to hot meals kitchens in the Gaza Strip" on Friday
  • After blocking aid during an impasse over the future of a ceasefire with Hamas, Israel resumed its bombardment of Gaza on March 18, followed by a ground offensive

WFP says has depleted all Gaza food stocks as Israel blocks aid

After 18 months of war, the situation in Gaza "is probably the worst" now, the United Nations' humanitarian agency OCHA...
  • WFP added that all 25 bakeries it supports in Gaza were forced to close on March 31 as wheat flour and cooking oil ran out.
  • "This is the longest closure the Gaza Strip has ever faced, exacerbating already fragile markets and food systems," it said.

Saudi Arabia normalizing ties with Israel ‘will happen’: Trump

"Saudi Arabia will go into the Abraham accords," Trump said, referencing the historic agreement struck at the end of his...
  • Trump is set to visit Saudi Arabia next month on a Middle East tour that was expected to be his first overseas trip since retaking the White House.
  • Trump forged close relations with Riyadh in his first term and is expected to push Saudi Arabia towards normalizing ties with Israel as a major foreign policy objective.