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

Belt and Road Initiative countries expect more cooperation ahead of China-Arab expo

YINCHUAN, CHINA - In the run-up to the sixth China-Arab States Expo, guests from countries and regions along the Belt...
  • Morocco was the first country in North Africa to sign the Belt and Road cooperation document with China.
  • Since then, the two countries have maintained close political, economic, and cultural connections.

Erdogan, Netanyahu meet as Turkey, Israel seek to improve ties

Turkey's President Recep Tayyip Erdogan met in New York with Israeli Prime Minister Benjamin Netanyahu, who said "ties between the...
  • Erdogan and Netanyahu also discussed "the latest developments regarding the Israeli-Palestinian conflict".
  • The two discussed "regional and international issues, including normalization between Israel and Saudi Arabia".

Israel troops kill Palestinian in West Bank raid: ministry

In recent days, violence has also risen in the Gaza Strip, with Palestinians in the coastal enclave holding protests along...
  • The Palestinian health ministry said Durgham al-Akhras was killed in a clash with Israeli soldiers raiding Aqabat Jaber refugee camp near the city of Jericho to carry out arrests
  • Akhras was "killed when he was shot in the head by the occupation (Israeli) army during its aggression against the Aqabat Jaber camp in Jericho," the ministry said in a statement

Syria’s Assad will visit China as Beijing boosts its reach in the Middle East

Damascus, Syria - Syrian President Bashar Assad is set to make his first visit to China this week, highlighting China's...
  • China has been expanding its presence in the Middle East, mediating between Saudi Arabia and Iran earlier this year and aiding Assad's regime
  • Assad has been invited by Chinese President Xi Jinping for a summit and will travel to Beijing with a high-level Syrian delegation

Islamic leaders bash West at UN over Koran burnings

Sweden has seen a series of burnings of the Islamic holy book, with the government voicing condemnation but saying it...
  • Turkish President Recep Tayyip Erdogan said that Western countries were seeing "a plague" of racism including Islamophobia
  • The emir of Qatar in his speech said that "compromising the sanctity of others deliberately" should not be seen as freedom of expression

Yemen rebels return from ‘positive’ Saudi peace talks: official

The Riyadh trip, five months after the rebels hosted a Saudi team in Sanaa, is the latest hopeful sign for...
  • The Houthi representatives had arrived in Riyadh on Thursday for their first public visit since a Saudi-led coalition in 2015 launched a military intervention in Yemen
  • The delegation along with an Omani mediator "returned to the capital Sanaa after five days of negotiations in Riyadh", the Houthis' TV channel Al-Masirah reported

Canada-India row over homicide: White House ‘deeply concerned’

Media reports said that Canada worked closely with the US government and CIA before Prime Minister Justine Trudeau made public...
  • "It is critical that Canada’s investigation proceed and the perpetrators be brought to justice," said National Security Council spokeswoman Adrienne Watson.
  • British Foreign Secretary James Cleverly, who was at the United Nations, said his nation wants India's "full cooperation" with Canada in the probe.

Indian MPs shift to new parliament, bid adieu to British-era building

"Today India has awakened with a new consciousness," Modi said in the central hall of the old parliament building before...
  • The triangular building that will now seat nearly 800 representatives from across India is the centerpiece of a remodeling of the heart of New Delhi.
  • Modi's government has worked to rid the Indian capital of the vestiges of the colonial era, which itself saw a wholesale transformation of the megacity by British.

Drone which killed three Kurdish officers came from Turkey: Iraq

Turkish military action has principally targeted the Kurdistan Worker's Party (PKK) and its Syrian Kurdish ally, the People's Defence Units...
  • Three members of the counterterrorism forces of Iraq's autonomous Kurdish region were killed and three wounded in Monday's drone strike on Arbat airfield
  • Turkey has stepped up its drone strikes on Kurdish targets in both Iraq and Syria in recent months, although deaths among the Iraqi Kurdish security forces remain rare

Canada and India expel diplomats as row over killing heats up

The diplomatic spat has grown fierce in the hours since Canada blamed India for being behind the killing of a...
  • Trudeau called on the Indian government to cooperate in clearing up the matter
  • Relations between India and Canada have been tense over the unsolved slaying

Hamas says committed to Gaza truce and returning hostage remains

Responding to a call from Hamas for help locating the bodies of the 19 hostages, buried under the rubble alongside...

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Israel military issues evacuation order two north Gaza areas

"To all of the civilians of the Gaza Strip staying in the areas of Beit Hanoun and Sheikh Zayed. This...

Lebanon parliament approves changes to banking secrecy law

Beirut, Lebanon -- Lebanon's parliament on Thursday approved amendments to banking secrecy legislation, a key reform demanded by the International...

Abbas urges Hamas to free Gaza hostages as Israeli strikes kill 25

"Hamas has given the criminal occupation excuses to commit its crimes in the Gaza Strip, the most prominent being the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Trump to visit Saudi, Qatar, UAE in May amid tensions over Iran, trade, and security

Saudi Arabia's top diplomat held talks in Washington earlier this month to lay the groundwork for a visit by Trump...
  • It will be his second foreign trip since returning to office, following his planned attendance at the Vatican for Pope Francis's funeral on Saturday
  • Saudi Arabia's Crown Prince Mohammed bin Salman, promised in January to pile $600 billion into US trade and investments

Iran says technical nuclear meeting with US postponed to Saturday

A technical, expert-level nuclear meeting between Iran and the United States will be held on Saturday, coinciding with the third...
  • Iran's foreign ministry spokesman Esmaeil Baqaei said the decision to reschedule the meeting was made following Oman's proposal and the agreement of the Iranian and US delegations
  • Western countries including the United States have long accused Iran of seeking to acquire nuclear weapons -- an allegation Tehran has consistently denied

Trump tariffs have increased financial stability risks: IMF report

The IMF's Global Financial Stability Report (GFSR) was published as world financial leaders gather for meetings in Washington under the...
  • GFSR's authors found that "global financial stability risks have increased significantly, driven by tighter global financial conditions and heightened economic uncertainty."
  • The Fund also warned that geopolitical risk -- including military conflicts -- could raise risks to financial stability.