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

UAE convenes Security Council meet, urges UN, League of Arab States to cooperate

NEW YORK,  US - Minister of State Khalifa Shaheen Al Marar chaired the first signature event of the UAE’s United...
  • UAE called on UN and League of Arab States to work jointly on combating terrorism, preventing conflicts by championing the values of tolerance.
  • The UAE would support the work of the Security Council in reaching decisions that contribute to resolving Arab and international issues.

Sudan warring parties agree to 24-hour ceasefire: mediators

Although many ceasefires have been broken, yet the twenty-four truce is seen as a chance to give the people of...
  • According to the UN, some two million people have been displaced from their homes, including 476,000 who have sought shelter in neighboring countries
  • The latest ceasefire follows US Secretary of State Antony Blinken's three-day visit to Saudi Arabia, where he held discussions on Sudan with Saudi officials

Russia plans to make Iranian drones by next year, says US government

Russia is receiving materials from Iran to build a drone factory that "could be fully operational early next year," White...
  • "The Russia-Iran military partnership appears to be deepening," Kirby said in a statement, citing US intelligence information.
  • Washington estimates that Russia has received hundreds of attack drones as well as related equipment from Iran to aid Moscow's invasion of Ukraine.

Sudan authorities declare UN envoy ‘persona non grata’

KHARTOUM, SUDAN -  Sudanese authorities loyal to the regular army have declared UN envoy Volker Perthes "persona non grata", accusing him...
  • In a letter to the United Nations, Sudan's army chief accused the UN envoy of bias, not respecting "national sovereignty".
  • The UN says nearly two million people have been displaced, including 476,000 who have sought refuge in neighboring countries.

Palestinian president Mahmud Abbas to visit China next week

"At the invitation of President Xi Jinping, president of the state of Palestine Mahmud Abbas will pay a state visit...
  • Xi Jinping last December visited Saudi Arabia, where he met with Abbas and pledge to "work for an early, just and durable solution to the Palestinian issue".
  • In April, Chinese Foreign Minister Qin Gang told his Israeli and Palestinian counterparts that his country was willing to aid peace negotiations.

The phase down of fossil fuels is inevitable: Emirati COP28 chief

Al-Jaber, who runs the Abu Dhabi National Oil Company (Adnoc), defended a COP28 roadmap that includes a "global goal to...
  • "The phase down of fossil fuels is inevitable," Sultan al-Jaber said on the sidelines of technical climate talks six months ahead of the summit
  • On Wednesday, al-Jaber signed a statement with EU Commission chief calling for  “a transition towards energy systems free of unabated fossil fuels"

Days after being re-elected, Turkey’s Erdogan appoints new central bank governor

Hafize Gaye Erkan -- whose appointment was published in the official gazette on Friday -- has taken over the post...
  • Erkan, a former co-CEO First Republic Bank and managing director at Goldman Sachs, will be the first woman to head the central bank
  • Turkish president unveiled a new cabinet on Saturday appointing Mehmet Simsek, a former Merrill Lynch economist, as finance minister

Syrians lose life-saving care as Turkey halts medical visits

Seriously ill Syrians in the country's last rebel bastion of Idlib used to be able to access life-saving care across...
  • Doctors in Idlib refer most heart and cancer patients to Turkey, where they can receive free treatment under an agreement between local authorities and Ankara
  • But after the quake ravaged health facilities on Turkish side of the border, Ankara halted medical visits through the Bab al-Hawa crossing, the sole access point for Idlib

Iran envoy to Saudi Arabia: Israel out to disrupt Tehran-Riyadh detente

Riyadh, Saudi Arabia - Israel is not happy with the restoration of diplomatic relations between Tehran and Riyadh and is...
  • Alireza Enayati said that “when cooperation between all regional countries is reinforced, no element can disrupt it”
  • Enayati praised the role of China in facilitating the resumption of Tehran-Riyadh ties following high-stakes talks between the two sides in Beijing

Tajikistan, Qatar seek to bolster bilateral relations

"Undoubtedly, since both countries have opportunities to establish mutually beneficial cooperation by using Qatar's investments to process Tajik raw materials...
  • Tajikistan official Kodirzoda Sadi Sanginmurod highlights major prospects for enhancing trade and economic collaboration with Qatar, following the Emir's recent visit
  • Tajikistan seeks Qatari investment to transform raw materials into high-value exports, targeting rapid industrialization, with potential collaboration in various sectors

Hamas releases video of Israeli-German hostage seen alive

Hamas' armed wing released a video on Monday showing an Israeli-German hostage alive, the second such footage of him shared...

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Israel approves plan aiming to double annexed Golan population, Saudi calls it ‘sabotage’ of Syria

The occupied Golan is home to about 23,000 Druze Arabs, whose presence predates the occupation and most of whom retain...

US contacts Syria’s HTS, Turkey reopens embassy, as Assad allies Iran and Russia face setbacks

The United States said Saturday it had made contact with Syria's victorious Hayat Tahrir al-Sham rebels, despite previously designating the...

G7 meeting to address Syria’s challenges following Assad’s ouster

Damascus, Syria - G7 leaders will meet virtually Friday to discuss the momentous changes underway in Syria, where the interim government...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

54 journalists killed in 2024, a third by Israel: media group

Fifty-four journalists were killed worldwide while carrying out their work or because of their profession in 2024, a third of...
  • Israeli forces were responsible for the deaths of 16 journalists in Gaza and two in Lebanon
  • Israel admits that some have been killed in air strikes on military targets

Transition in Syria: New PM says will ‘guarantee’ rights of all religious groups

With Assad's overthrow plunging Syria into the unknown, its new rulers have sought to assure religious minorities that they will...
  • Assad fled Syria after a lightning offensive spearheaded by the Islamist Hayat Tahrir al-Sham (HTS) group and its allies, which ended five decades of rule by his clan
  • Syrians across the country and around the world erupted in celebration, after enduring a stifling era during which anyone suspected of dissent could be thrown into jail or killed

South Korean police raid president’s office

#South #Korean police raided President #Yoon Suk #Yeol's office as part of the investigation into his declaration of #martial law....
  • The deeply unpopular Yoon is already under a travel ban
  • Yoon survived an impeachment motion in parliament on Saturday