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

Swedish PM to meet Erdogan in a last-gasp attempt to get NATO membership

Erdogan has voiced repeated frustrations with what he calls Sweden's failure to keep its promise to deal with suspected Kurdish...
  • The high-stakes talks on the eve of an alliance summit in Vilnius come with NATO keen to demonstrate unity in the face of Russian Invasion
  • NATO and the White House both fear the Kremlin is trying to use its strong ties with Turkey to seed divisions among Western allies

HRW says TotalEnergies oil project ‘a disaster’ for Ugandans

TotalEnergies and the China National Offshore Oil Corporation signed a $10-billion agreement last year to develop Ugandan oilfields and ship...
  • TotalEnergies says those displaced by the project have been fairly compensated for their land, while measures have been taken to protect the environment
  • HRW says the mega-project will irreparably harm fragile ecosystems, and alleges that some of the 100,000 people are expected to be displaced

Work underway to normalize relations between Syria and Turkey: Russian envoy

Tehran, Iran-- Hectic efforts are underway for the restoration of ties between Syria and Turkey and also to pave way...
  • The envoy said there are roadblocks on the path to restore relations between Syria and Turkey because of the latter's military presence in the Syrian territories
  • Last year, defense ministers of Russia, Syria and Turkey met in Moscow for consultations on normalizing relations between Ankara and Damascus

Global research collaboration will help achieve SDGs

“We need greater cooperation is scientific research and innovation. Research and innovation are not only imperative for national and global...
  • UAE Minister of State Sarah Al Amiri believes achieving the SDGs, Paris Agreement goals, and Global Biodiversity Framework demands united efforts from research communities
  • The UAE minister reaffirms the UAE's commitment to increasing R&D spend to 2% of GDP by 2031 and the formation of the Emirates Research & Development Council

Saudi authorities foil bid to smuggle 209,000 meth pills in Jeddah

Jeddah, Saudi Arabia -- Saudi Arabia's General Directorate of Narcotics Control (GDNC) have arrested a citizen in Jeddah governorate for...
  • Security authorities have requested all citizens and residents in the Kingdom to promptly report any information related to drug smuggling and trafficking.
  • Saudi Arabia has seen an influx of the addictive amphetamine captagon flooding in from war-torn Syria and Lebanon.

EU, New Zealand ink deal to enhance trade by 30 percent in a decade

The European Union and New Zealand signed a free trade agreement which Brussels says can lift exchanges between the two...
  • New Zealand Prime Minister Chris Hipkins said it "will generate substantive new economic opportunities. It's of huge benefit to both partners."
  • "New Zealand is a key partner for us in the Indo-Pacific region, and this free trade agreement will bring us even closer together," the EU chief said from Brussels.

Jordan security shoots three fugitives dead near Saudi border

AMMAN, JORDAN- Jordanian forces have killed three fugitives including two who had recently escaped jail in a raid near the kingdom's...
  • Security forces raided on Saturday the hideout of three wanted fugitives "near the kingdom's southeastern border", said an official statement
  • The three suspects were killed in a firefight after they had opened fire at the security forces with automatic weapons, the statement added

Pro-Iran parties urge Iraq to clear energy dues with Tehran

BAGHDAD, IRAQ - A powerful alliance of pro-Iran factions in Iraq called on Sunday on Baghdad to pressure the United States...
  • Iraq, ravaged by decades of conflict and international sanctions, relies on gas imported from its eastern neighbor for a third of its energy needs.
  • To reduce their dependence on Iranian gas, Iraq has been exploring several possibilities including imports from Gulf countries like Qatar.

Engineering top course in Arab varsities

Arab universities are increasingly focusing on quality and research, and many of them are making efforts to internationalize their programs.
  • Saudi Arabia and the UAE have invested heavily in their higher education systems, and they are now home to some of the most prestigious universities in the Arab world.
  • Both Saudi Arabia and the UAE are also attracting top international talent to their universities, which has improved the quality of education.

UAE opens field hospital in Chad to help Sudanese refugees

ABU DHABI, UAE -  UAE Ambassador to the Republic of Chad Rashid Saeed Al Shamsi on Sunday opened a field...
  • The hospital was opened in the presence of the Chadian Minister of Health and a number of Chadian government officials.
  • Representatives of UAE entities supervising the implementation of the project, and the Emirati medical team were also present on the occasion.

US unveils 21-point peace proposal: Israel to withdraw from Gaza, Hamas to disarm

While the plan offers several concessions to Palestinians, it also carries provisions favorable to Israel — including Hamas’ demilitarisation and...

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Lavrov, Rubio pledge to restore dialogue and work on settling Ukraine conflict, says Moscow

The call came ahead of an expected summit between Donald Trump and Vladimir Putin amid mounting concern from Ukraine and...

Three Gaza hostages set for release after ceasefire crisis abates

Jerusalem, Undefined - Israel said Friday it had received the names of three hostages to be freed by militants in exchange...

Saudi Arabia to host Arab summit on Trump’s Gaza plan, Egypt, Jordan, Qatar and the UAE to attend

Trump sparked a global outcry with his proposal for the United States to "take over" the Gaza Strip and to...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Trump eyes summit with Xi-Putin, shaking up world order, Macron warns against ‘capitulation’

US president's remarks on Russia and China mark a seismic shift after more than a decade of US policy which...
  • With Kyiv and European capitals still stunned by Trump's surprise call with Putin, the US president also said he would "love" to have Russia back in the G7
  • Trump - who has cast himself in his second term as a global peacemaker - also said he would consider a summit with Putin and China's Xi Jinping "when things calm down."

Israel says could fulfil Trump’s Gaza displacement plan if hostages not freed, Hamas says truce deal ‘fragile’

Hamas has said it would postpone the release citing Israeli violations, and hours later, Trump warned that "hell" would break...
  • The remarks by Israeli Defence Minister Israel Katz came shortly after Palestinian group Hamas said it would not bow down to US and Israeli threats
  • The truce has largely halted more than 15 months of fighting and seen Israeli captives released in small groups in exchange for Palestinians in Israeli custody

At least $53 billion needed to rebuild Gaza, UN estimates

United Nations, United States - More than $53 billion will be required to rebuild Gaza and end the "humanitarian catastrophe" that...
  • The global body said in a report that a "political and security framework" must also be put in place so that recovery and rebuilding can begin
  • Much of Gaza -- including schools, hospitals and other civic infrastructure -- has been reduced to rubble by a withering Israeli military offensive