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

Nearly US$1.5bn pledged to fend off Sudan humanitarian crisis

UN chief Antonio Guterres has warned that Sudan is descending into death and destruction at unprecedented speed as he urged...
  • Qatar's PM Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani told the conference there was "no military solution" to the conflict, as he pledged $50 million
  • United States pledged the most at $550 million, followed by Germany with $162 million and the European Commission on $151 million, according to the United Nations

‘UAE committed to support refugee across the world’

Sheikh Hamdan, who is also Chairman of the Emirates Red Crescent, calls on the international community to increase efforts to...
  • The UAE has launched initiatives to economically and socially empower refugee women through the Sheikha Fatima Fund for Refugee Women
  • The Gulf country recently donated $20 million to UNRWA, totaling $521 million in Palestinian assistance between 2018 and 2023

US supports China’s bid to advance Middle East peace

Saudi-Iran peace deal will reduce tensions in the region and would solve some of the problems if not all, says...
  • Blinken spoke of his recent visit to the Middle East where he met with the GCC leaders who, according to him, still see the US as the preferred partner
  • On Taiwan, Blinken said the US has real concerns about the direction it has taken and blamed China for what he called as reckless actions

Expo 2030: All eyes on Riyadh as it makes a big pitch

With ongoing mega-projects and economic diversification, Riyadh's strong Expo 2030 candidacy has already garnered support from 90 of 170 member...
  • With ongoing mega-projects and economic diversification, Riyadh's strong Expo 2030 candidacy has already garnered support from 90 of 170 member states
  • Aiming to surpass Expo 2020 Dubai's visitor count, the Kingdom anticipates more than 40 million on-site and a billion virtual Metaverse visits during the event

Historic achievement: UN adopts first treaty to protect high seas

Following more than 15 years of discussions, UN member states finally agreed on the text for the treaty in March...
  • The landmark treaty will establish a legal framework to extend swathes of environmental protections to international waters, which make up more than 60% of the oceans.
  • The treaty is seen as crucial to countries protecting 30 percent of the world's oceans and lands by 2030, as agreed by world governments.

Europe world’s fastest warming continent, says EU climate report

The report by the World Meteorological Organization and the European Union's Copernicus Climate Change Service said the continent was some...
  • The continent, which has been warming at twice the global average since the 1980s, saw its warmest summer on record last year.
  • Severe heat left more than 16,000 people dead last year, the report said, while floods and storms accounted for most of the $2 billion in damages from weather and climate extremes.

Israel defiant amid global criticism over West Bank settlement expansion

UN Middle East envoy Tor Wennesland issued a warning on Monday against changes made by the Israeli government that will...
  • Israeli official describes the changes as a reduction of unnecessary administrative procedures
  • Defending the changes, Israeli government asserts that Israel is their country, "in its entirety"

Israeli forces kill four Palestinians in West Bank raid

"Two martyrs and 28 injured as a result of the ongoing (Israeli) aggression on Jenin," a statement from the Palestinian...
  • Jenin's deputy governor, Kamal Abu al-Rub, told AFP the Israeli forces had launched the raid at around 04:00 am (0100 GMT)
  • The Israeli army did not immediately provide any information on the raid in the northern West Bank city when contacted by media

UAE, Qatar restore ties, after six-year-long estrangement

According to Qatar's foreign ministry, Doha will reopen embassy in Abu Dhabi and its consulate in Dubai immediately. The UAE...
  • Qatar foreign ministry said that the restoration of ties represents the will of both countries' leadership to strengthen join Arab collaboration
  • Nearly six years back, Saudi Arabia, the UAE, Bahrain, and Egypt cut off ties with Qatar over accusations that it supported terrorism, a charge Doha denied

Xi says China, US ‘made progress’ in Blinken visit

Blinken opened the day by meeting China's top diplomat, Wang Yi, whose position in the Communist Party ranks above the...
  • Blinken's visit is the highest-level trip by a US official to China in nearly five years with ties severely strained between the world's two largest economies
  • Xi, China’s most powerful leader in decades, met Blinken at the capital’s Great Hall of the People just after 4:30 pm (0830 GMT)

Meta activates Facebook ‘teen accounts’ worldwide

Paris, France -- Meta said Thursday it was activating so-called "teen accounts" with additional protections for adolescent Facebook and Messenger...

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Syria Foreign Minister in Saudi Arabia, hopes the visit opens ‘new, bright page’

Last week, in an interview with Saudi-owned Al Arabiya television, Sharaa said Saudi Arabia "will certainly have a large role...

UN: Israel’s strikes on Gaza hospitals may constitute war crimes, urges independent probe

The UN's 23-page report, "Attacks on Hospitals During the Escalation of Hostilities in Gaza," documented 136 strikes on 27 hospitals...

South Korea’s Yoon: from star prosecutor to president facing arrest

Yoon is under investigation for his martial law declaration and faces criminal charges of insurrection, which could result in life...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Former US president Jimmy Carter dies aged 100

Carter had been in hospice care since mid-February 2023 at his home in Plains, Georgia -- the same small town...
  • Carter died "peacefully" at his home in Plains, "surrounded by his family," the Carter Center said in a statement
  • Carter was the longest-lived US president -- an outcome that seemed unlikely back in 2015 when the Southern Democrat revealed he had brain cancer

New Dawn over Damascus: Residents reclaim Mount Qasyun after years of curbs under Assad’s rule

Mount Qasyun, once closed due to war, reopens as a vibrant community space where Damascus residents gather to reclaim joy,...
  • Through the long years of Syria's civil war, which began in 2011 with a government crackdown on pro-democracy protesters, people were not allowed access to the mountain
  • When night falls, long queues of vehicles slowly make their way up a twisting road to a brightly lit corniche at the summit

Israeli strikes hit Yemen as Netanyahu fires warning

Israeli air strikes pummeled Sanaa's international airport and other targets in Yemen on Thursday, with Huthi rebel media reporting six...
  • Prime Minister Benjamin Netanyahu warned that Israel's strikes would "continue until the job is done"
  • Iran's foreign ministry condemned the strikes as a "violation" of peace and security