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

Egypt energy-saving measures evoke satirical reaction among citizens

Sweltering without air conditioning during the day and plunged into darkness at night, many Egyptians have responded with anger and...
  • After 11 days of daily blackouts, Prime Minister Mostafa Madbouli ordered civil servants to work from home once a week.
  • He announced scheduled power outages at least through August, and proposed other solutions to Egypt's energy crisis.

UAE urges collective action for sustainable development at G20 ministers meeting in India

DUBAI, UAE – UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri highlighted the importance of collective...
  • The UAE minister called upon G20 countries to fulfil their commitment to providing the pledged financial support for global climate initiatives.
  • She said that is only by collective action that the global community can achieve the worldwide emission reduction target.

Dubai Customs clears TIR carnet transactions worth US$38.7m

DUBAI, UAE - Dubai Customs has, to date, processed 214 customs transactions worth US$38.7 million (AED142.2 million) under cover of...
  • Goods shipped under cover of the internationally accepted customs transit document do not require inspection at border crossings while in transit.
  • It provides a financial guarantee to pay the suspended duties and taxes. The guarantee system is managed by the International Road Transport Union.

Morocco king appeals for normalcy in ties with Algeria

RABAT, MOROCCO -  Morocco's King Mohammed VI has expressed hope for a return to normality and reopening of borders with North...
  • The borders have been closed since 1994, leaving families divided after Morocco accused its neighbor of involvement in an attack.
  • Since then, tensions have persisted between the regional rivals, exacerbated by their dispute over Western Sahara.

Palestinian president, factions arrive in Egypt for talks

Ahead of unity talks between various Palestinian factions boycotted by the militant group Islamic Jihad, President Mahmud Abbas arrived in...
  • The meeting on Sunday will include the heads of other political factions, including Hamas leader Ismail Haniyeh
  • In the meantime Islamic Jihad has denounced "continued political detention and prosecution of the resistance"

Saudi Arabia to host talks on Ukraine war in push for peace

The talks to be hosted in the Red Sea coastal city of Jeddah next weekend will discuss a path toward...
  • The latest initiative by Saudi Arabia represents a new effort to assert itself in diplomacy related to the Ukraine war
  • Last year, the kingdom unexpectedly brokered the release of foreign fighters detained in Ukraine

Russia, Africa build a new, fairer global architecture

"I would like to note that the African continent is emerging as a new center of power right before our...
  • Russia and Africa share a strong bond of friendship and mutually beneficial ties, with foundations laid in mid-20th century
  • Russia and African states are working together to build a new, fairer global architecture and protect international law

UAE finance ministry unveils new corporate taxation rules

ABU DHABI, UAE - The UAE Ministry of Finance (MoF) on Saturday announced administrative penalties for violations related to the...
  • The penalties will be imposed on Taxable Persons, whether an individual or a legal entity, who do not comply with their obligations.
  • Penalties also apply in cases of failing to properly keep records or submitting the required records and other information specified in the Tax Law.

African Union, EU step up pressure on Niger coup leaders

The African Union demanded Niger's military "return to their barracks and restore constitutional authority" within 15 days as the EU...
  • The African Union and the European Union joined the chorus of international condemnation of the power grab, the latest to strike the Sahel region.
  • The EU's diplomatic chief Josep Borrell said the bloc would not recognize the putschists and announced the suspension of security cooperation with Niger.

Iran news editor suspended over protest coverage: media

Tehran, Iran--Iranian authorities have banned the editor-in-chief of reformist daily Etemad "from any press activity for a year" over coverage of...
  • Behrooz Behzadi, the editor, was accused of printing false content after a complaint by a Tehran branch of the powerful Revolutionary Guards Corps
  • Early this year, an Etemad report estimated that some 80 journalists were among the thousands arrested during the months-long unrest in Iran

Carrefour name disappears from Arab stores as Israel boycotters claim victory

Dubai, United Arab Emirates -- The Carrefour name has disappeared from storefronts in some Arab countries, with pro-Palestinian shoppers and...

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How do GCC-Arab leaders look at the region’s future?

The bigger your vision, the bigger your achievement will be. Will you stumble on the way? Perhaps, but we cannot...

Arab ministers, US envoy discuss Gaza reconstruction amid ongoing ceasefire talks in Qatar

The plan by Muslim-majority nations has been rejected by both Israel and its key ally the United States, but has...

US trading partners hit back on steel, aluminum tariffs

The steep 25-percent levies came into place after midnight with no exemptions despite countries' efforts to avert them, in a...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Syrian presidency announces agreement to integrate Kurdish institutions

The Syrian presidency announced on Monday an agreement with the head of the Kurdish-dominated Syrian Democratic Forces (SDF) to integrate...
  • Syria's new authorities under interim President Ahmed al-Sharaa have sought to disband armed groups and establish government control over the entirety of the country
  • The new accord, which is expected to be implemented by the end of the year, comes after days of violence in the heartland of Syria's Alawite minority

Jeddah Talks: Ukraine accepts US proposal of 30-day ceasefire with Russia

The positive response from Ukraine prompted President Donald Trump's administration to lift a freeze on military aid and to predict...
  • We'll take this offer now to the Russians and we hope they'll say yes to peace. The ball is now in their court: Marco Rubio
  • "I want to thank President Trump for the constructive conversation between our teams," says Zelensky

Hamas sees ‘positive’ signs for ceasefire talks as Israel cuts Gaza electricity, blocks aid flow

In a statement, Netanyahu's office said that Israel had accepted an invitation from US-backed mediators and would "send a delegation...
  • Israeli Prime Minister Benjamin Netanyahu's office said Israel would send a delegation to Doha on Monday for truce talks
  • Israel has said it wants to extend the first phase until mid-April, Hamas has insisted on a transition to the second phase