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

Iraq honey production at the mercy of heat and drought

Bees thrive in temperatures of around 30-35 degrees Celsius, not in searing heat, when the thermometer climbs to 50, said...
  • A bee needs to constantly forage for the pollen and nectar necessary for honey production but the drought is forcing bees to travel longer to pollinate
  • In 2022, honey produced in parts of Iraq controlled by the Baghdad federal authorities reached 870 tonnes, while in Kurdistan 850 tonnes were produced

Israelis continue protests as judicial reform advances

Following stiff opposition and growing international criticism -- including from US President Joe Biden -- Prime Minister Benjamin Netanyahu ordered...
  • Saturday's rallies, the 28th since the reform agenda was unveiled in January, come days after parliament approved in its first reading the bill
  • The proposals on Judicial reforms would also give the Netanyahu's government a greater say in the appointment of judges

Tensions lurk behind facade of Gulf Arab detente: Crisis Group

Dubai, UAE - Six years after imposing a comprehensive blockade on Qatar, Saudi Arabia, the United Arab Emirates (UAE), and...
  • The roots of the Gulf dispute stemmed from Qatar's foreign policy, which was viewed as a threat by Saudi Arabia, the UAE, Bahrain, and Egypt
  • While the four-year blockade of Qatar may be over, deep-seated fault lines remain, and new ones are emerging

Modi’s visit: India, UAE sign pact to trade in local currencies

Abu Dhabi, UAE - The Central Bank of the UAE (CBUAE) and the Reserve Bank of India (RBI) on Saturday...
  • CBUAE and RBI aim to develop the foreign exchange market, facilitate bilateral trade, encourage direct investment, and facilitate financial transfers
  • The pact enables acceptance of local cards in both countries for ATM cash withdrawals and direct point-of-sale purchases without relying on external payment networks

UAE, India pledge for success of Dubai’s COP28 event

The UAE and India vowed to make this year's COP28 conference in Dubai a success, as Indian Prime Minister Narendra...
  • "The UAE and India are united in their determination to ensure the successful outcome of COP28 as an inclusive and action-oriented conference," said a statement.
  • The leaders of both the countries said they were "committed to enhance cooperation on climate ambition, decarbonization and clean energy".

Ukraine grain deal failed to achieve objective, says Putin

Russian President Vladimir Putin said the main objective of the deal that allowed Ukrainian grain exports to resume was not...
  • A memorandum on unhindered Russian food and fertilizer exports had been signed in parallel to the grain deal.
  • "The main goal of the deal, namely the supply of grain to countries in need, including on the African continent, has not been implemented," Putin said.

UAE-India trade rose to US$384bn in 2013-22

ABU DHABI, UAE - The significant growth in the volume of non-oil trade between the UAE and India signifies the...
  • CEPA will help deliver the target of reaching US$100 billion in non-oil trade annually over the next five years.
  • During 2020-2022, non-oil trade between the UAE and India has grown from US$27.9 billion to US$51.4 billion last year.

With Putin arriving in Aug, Erdogan confident of Ukraine grain deal extension

The Black Sea grain deal was first signed in July 2022, five months after the Russian invasion of Ukraine, and...
  • Erdogan said he had spoken with Russian President Vladimir Putin about the crucial deal, set to expire on Monday, though he did not say when the conversation had taken place
  • Earlier Friday, speaking in Jakarta, US Secretary of State Antony Blinken called on Russia to extend the deal, warning that the most vulnerable countries would suffer without it

Tunisia rights groups urge aid, shelter for stranded migrants

Hundreds of migrants fled or were forced out of Tunisia's second-largest city after racial tensions flared following the July 3...
  • Around 100 protesters demonstrated Friday evening in Tunis at the call of an anti-fascist coalition, expressing their "solidarity with undocumented migrants"
  • HRW has said the migrants had been left to fend for themselves without water or shelter in the border regions, where temperatures surpass 40 degrees Celsius

Indian PM Modi arrives in UAE after his France visit

Dubai, UAE - India’s Prime Minister Narendra Modi arrived in Abu Dhabi today for the final leg of his two-nation...
  • Indian PM is scheduled to meet with UAE President Sheikh Mohamed bin Zayed Al Nahyan and conduct a comprehensive review of the progress in bilateral relations
  • The visit comes after his two-day visit to Paris, where Modi participated in the Bastille Day parade as the Guest of Honour alongside French President Emmanuel Macron

US sanctions on key Indian project in Iran take effect

US sanctions went into effect Monday on a major Indian port project in Iran, as President Donald Trump again showed...

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Deal restored: Hamas, Israel finalize exchange of Palestinian prisoners for bodies of Israeli hostages

Mediators have revived a deal for Israel to release Palestinian prisoners in exchange for the bodies of four Israeli hostages,...

UN warns of last chance for two-state Israeli-Palestinian solution

Sigrid Kaag, the UN envoy for the peace process in the region, also warned against calls for Israel to annex...

US, Russia to appoint negotiators for Ukraine talks; Kyiv protests exclusion, Europe awaits role

Washington noted European nations would have to have a seat at the negotiating table "at some point", following the first...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

More than one million Syrians return to their homes: United Nations

Geneva, Switzerland -- More than one million people have returned to their homes in Syria after the overthrow of Bashar al-Assad,...
  • The returnees include 280,000 Syrian refugees and more than 800,000 people displaced inside the country.
  • Syria's war has killed more than half a million people and displaced millions from their homes.

Israel army pulls out of Lebanon border villages, holds five positions: source

Israel's army has pulled out of southern Lebanese villages but remains in five positions as a deadline for the withdrawal...
  • Authorities estimate reconstruction costs in Lebanon's South could reach more than US$10 billion
  • More than 100,000 remain internally displaced

Netanyahu commits to Trump’s Gaza plan as Rubio seeks Arab backing in Saudi talks

In a statement on Monday, Israeli Prime Minister Benjamin Netanyahu said he was "committed to US President Trump's plan for...
  • Arriving in the kingdom after talks in Israel, Secretary of State Marco Rubio - on his first visit to the Middle East - met Crown Prince Mohammed bin Salman
  • A Saudi source had earlier told AFP that Riyadh would host a regional summit later this week "to discuss Arab alternatives" to President Donald Trump's plan for Gaza