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-Middle East trade corridor hits Turkey hurdle, alternate route proposed

Ankara, Turkey - Turkey is engaged in “intensive negotiations” with regional partners to propose an alternative to the India-Middle East...
  • The country has proposed $17 billion Iraq Development Road initiative which would take goods from the Grand Faw port in Iraq through 10 Iraqi provinces and into Turkey
  • The project will utilize a high-speed rail and road network and is divided into three phases, with the final phase expected to be completed by 2050

Iraq pledges to raise financial support for Kurdistan

Days after thousands of people took to the streets in the Kurdistan region over unpaid civil service salaries which they...
  • Three state-banks will loan the funds and then be reimbursed by the finance ministry in Baghdad
  • Baghdad has been blamed long by Iraqi Kurdistan for not sending the necessary funds to pay civil servants

Chinese FM Wang Yi to visit Russia Sept 18-21: foreign ministry

Beijing, China - China's top diplomat Wang Yi will begin a four-day visit to Russia for security talks on Monday,...
  • China and Russia are strategic allies, with both countries frequently touting their "no limits" partnership and economic and military cooperation
  • Their ties became even closer after Russia invaded Ukraine in February last year, which China has refused to criticize

Three firefighters die in Turkey helicopter crash

ISTANBUL, TURKEY - Turkish divers searched on Sunday for the bodies of three firefighters who died when their helicopter crashed into...
  • Turkey has funnelled resources into its emergency response efforts after being gripped by devastating fires in 2021.
  • Global warming is changing weather patterns and contributing to a years-long drought across swathes of Turkey.

Egypt coalition says it will shun presidential election

The coalition's potential presidential candidate, Hisham Kassem, was Saturday sentenced to six months in jail. The presidential election, expected to...
  • The only candidate campaigning so far, Ahmed al-Tantawi, has denounced repeated harassment by the security forces against his teams and supporters.
  • Kassem's Free Current coalition, formed in June by opposition parties, advocates economic liberalization and calls for an end to the army's stranglehold on Egypt's economy.

WHO tells China to provide ‘full access’ to Covid investigators

GENEVA, SWITZERLAND - The head of the World Health Organization told the Financial Times he was ready to send a new...
  • WHO chief said he had already written to China asking "to give us information " and for the organization to send a team "if they allow us to do so".
  • He said WHO would not abandon its investigation and has called on China for transparency in sharing data and carrying out investigations.

Saudi Arabia participates in global meet to bridge digital divide

RIYADH, SAUDI ARABIA – The Kingdom’s Governor of the Communications, Space and Technology Commission (CST) Dr. Mohammed Saud Al-Tamimi participated...
  • The meeting aims to enhance the contribution of the communications, space and technology sectors for attaining sustainable development objectives.
  • The meeting also aims to propose policies and recommendations to bridge the digital divide and promote and develop the digital economy.

Jordan’s interconnection projects to serve as hub for energy exchange

AMMAN, JORDAN -The Kingdom’s Ministry of Energy and Mineral Resources has emphasized the significance of current and upcoming electrical interconnection...
  • Jordanian authorities are working on a project to connect the Kingdom’s Risha electrical station to Iraq's Rutba station.
  • The interconnection line will allow the Iraqis to power the Rutba area's loads, using the Jordanian grid.

Desperate Sudanese face endless wait for passports so they can flee

A million people have crossed Sudan's borders since April, fleeing the devastating war between the Sudanese army and the paramilitary...
  • Since the authorities inaugurated a new passport office in the eastern city of Port Sudan in late August, hundreds of people have lined up all day, every day
  • Sudan was already one of the world's poorest countries even before the war broke out, but now it has plunged into a horrific humanitarian crisis

Water-starved Saudi Arabia confronts desalination’s heavy toll

The Jazlah plant in Jubail city applies the latest technological advances in a country that first turned to desalination more...
  • Lacking lakes, rivers and regular rainfall, Saudi Arabia relies instead on dozens of facilities that transform water from the Red Sea into something potable
  • The national Saline Water Conversion Corporation reports production capacity of 11.5 million cubic meters per day at 30 facilities

Trump says to meet Putin in Budapest after ‘great’ call, questions Ukraine’s push for Tomahawk missiles

In his latest abrupt pivot on Russia's 2022 invasion, Trump said he expected to meet Putin in Budapest within the...

Company News

Latest News

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...

US envoy to Israel urges Hamas to sign deal so aid can enter Gaza

The new US ambassador to Israel on Monday called on Palestinian militant group Hamas to accept a deal that would...

Davos meet founder Klaus Schwab steps down from WEF board

Geneva, Switzerland -- The World Economic Forum said on Monday that its founder Klaus Schwab has stepped down from the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

West Bank campus a dystopian shelter for Palestinians uprooted again

Jenin, Palestinian Territories - On deserted university grounds in the occupied West Bank, Palestinian children run outside nearly empty buildings,...
  • Tens of thousands of Palestinians have been displaced from the northern West Bank since Israel launched the offensive dubbed "Iron Wall" on January 21 in the area
  • The United Nations agency, UNRWA, provides aid but recent Israeli legislation barring coordination with Israeli military authorities has complicated its work

US defense chief shared sensitive information in second Signal chat: US media

US Defense Secretary Pete Hegseth shared information on forthcoming US air strikes on Yemen in a private Signal chat group...
  • Last month, the Atlantic editor-in-chief was accidentally added to a Signal chat where officials discussed the March 15 strikes
  • The information shared "included the flight schedules for the F/A-18 Hornets targeting the Houthis in Yemen," the Times reported

From tariffs to deportations, Trump’s first 100 days signal imperial shift in US leadership

Trump has also stepped up the sense of an endless reality show in which he is the star, as he...
  • Trump has been driven by a sense of grievance left over from an undisciplined first term that ended in the shame of the 2021 US Capitol riots after his election defeat to Joe Biden
  • And while Trump freed hundreds of those attackers from jail on his first day back in office, he is taking no prisoners when it comes to consolidating the power of the White House