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

Kuwait heads to polls yet again to break political deadlock

Polls opened on Tuesday in Kuwait's seventh general election in just over a decade, following repeated political crises that have...
  • Amid a persistent impasse with the executive branch that has deterred investment, Kuwait's emir called the vote last month after he dissolved parliament
  • Many human rights activisits felt that it was important to cast a ballot in spite of the widespread frustration with the political elite of the country

Israeli soldiers to join Moroccan war games for first time

Israel participated in the event last year, however only as international military observers, without soldiers taking part on the ground....
  • A delegation of 12 soldiers and commanders from the Golani Reconnaissance Battalion" has been sent to participate alongside some 8,000 soldiers from 18 countries
  • According to the Moroccan Royal Armed Forces (FAR), the war games include exercises in operational planning and fighting weapons of mass destruction

Qatar minister to lead ILO’s yearly decision making event

Geneva, Switzerland - Qatar's labor minister was on Monday appointed without a vote to head the International Labour Organization's annual decision-making...
  • Asian and Pacific nations, which according to a regional rotation had dibs this year on selecting the president of the two-week event, had proposed Ali Bin Samikh Al-Marri.
  • Qatar has long faced harsh criticism over labor rights, especially in the lead-up to last year's football World Cup.

Blinken urges Saudi-Israel normalcy, pledges no nukes for Iran

"The United States has a real national security interest in promoting normalization between Israel and Saudi Arabia. We believe we can...
  • Blinken said the Biden administration has "no illusions" that bringing about a full Saudi-Israel normalization can be done quickly or easily.
  • "Integration and normalization efforts are not a substitute for progress between Israelis and Palestinians, and they should not come at its expense," he said.

US, India agree on defense industry cooperation plan

The United States and India agreed a roadmap for military industrial cooperation, as New Delhi seeks to reduce its reliance...
  • Moscow and New Delhi have been allies for decades, with Russia by far India's biggest arms supplier.
  • India is looking to diversify, both by broadening its sources of imports and ramping up domestic production.

Iran says will reopen embassy in Saudi Arabia on Tuesday

Iran is set to reopen its embassy in Saudi Arabia on Tuesday following a seven year closure, Tehran and a...
  • Iran's diplomatic mission will return under the leadership of Alireza Enayati, who previously served as the ambassador to Kuwait.
  • Saudi Arabia has yet to confirm when it will reopen its embassy in Tehran or its pick for ambassador.

Iran calls for expansion of ties between Tehran and Ankara

Tehran, Iran-- Iran has called for expansion of ties between Tehran and Ankara after the victory of the incumbent president...
  • The Iranian foreign minister said that Tehran hopes to achieve close cooperation between the two neighbors during Turkish president's new term
  • The Turkish foreign minister emphasized continuity in relations between Turkey and Iran, adding that he will do his best to help develop bilateral relations

US official meets UAE diplomats to discuss climate change

DUBAI, UAE - US special climate envoy John Kerry has met senior Emirati officials in Abu Dhabi, including the head of...
  • Oil producers have for year touted carbon capture as a potential global warming solution.
  • With little investment, carbon capture technology is nowhere near the scale needed to make a significant difference.

NATO urges Turkey to pass Sweden’s NATO membership plea

Istanbul, Turkey - NATO chief Jens Stoltenberg on Sunday called on Ankara to drop its opposition to Sweden's bid to join...
  • "Sweden has taken significant concrete steps to meet Turkey's concerns," NATO chief Stoltenberg told reporters after meeting President Recep Tayyip Erdogan.
  • Erdogan has accused Sweden of being a haven for "terrorists", especially members of the Kurdistan Workers' Party (PKK), a group blacklisted by Turkey.

Protesters in Morocco demand government act on cost of living

CASABLANCA, MOROCCO -  Hundreds demonstrated on Sunday in Morocco's economic capital Casablanca to protest against the surging cost of living in...
  • Morocco has seen months of rising prices, particularly of food, fuel and other basic staples, in part due to recurrent drought.
  • Year-on-year inflation slowed in April to 7.8 percent, after 10.1 percent in February and 8.2 percent in March, according to official figures.

IEA feels the heat as Washington pushes pro-oil agenda

Paris, France -- No stranger to ire from oil-producing nations, the International Energy Agency (IEA) is facing pressure from the...

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European countries suspend Syrian asylum decisions after Assad’s fall

While Berlin and other governments said they were watching the fast-moving developments in the war-ravaged nation, Vienna signaled it would...

Celebrations erupt across Syria to mark end of 50 years of Baath party rule

Bashar al-Assad's whereabouts not clear, but his key backer Russia said he had resigned from the presidency and left Syria....

Syria: Assad faces stunning setbacks as rebels seize Daraa, Hama, and Aleppo in quick succession

While Aleppo and Hama, the two other main cities taken from government control in recent days, fell to an Islamist-led...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Qatar resumes Gaza mediation: source with knowledge of talks

Doha, Qatar - Qatar has resumed its role as a mediator in efforts to secure a truce in the Israel-Hamas war...
  • The Gulf emirate, along with the US and Egypt, had been involved in months of unsuccessful negotiations for a Gaza truce and hostage release after nearly 14 months of war
  • In November, Doha announced it had put its mediation on hold, saying it would resume when Hamas and Israel showed "willingness and seriousness".

Syria: Tens of thousands of Alawites flee Homs, fearing rebel advance towards Damascus-coast strategic link

Analysts said they expected the fighters led by Islamist group Hayat Tahrir al-Sham (HTS) to push on towards the city,...
  • Khaled, who lives on the city's outskirts told AFP that "the road leading to (coastal) Tartus province was glowing... due to the lights of hundreds of cars on their way out."
  • In April 2014, at least 100 people, mostly civilians, were killed in twin attacks in Homs that targeted a majority Alawite neighbourhood

South Korean president clings to power after martial law U-turn

South Korean President Yoon Suk Yeol was still clinging to power Thursday, with his party announcing they will oppose an...
  • South Korean police announced Thursday they were investigating Yoon for "insurrection"
  • A new poll by Realmeter showed 73.6 percent of respondents supported impeachment