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

World leaders congratulate Turkey’s victorious Erdogan

US President Biden said he hoped to work with Erdogan on "shared global challenges". Russia's President Putin, who has collaborated...
  • Ursula von der Leyen, President of the Commission of the European Union, which Erdogan aspires for Turkey to join, said the bloc wanted to strengthen ties with the country
  • Ukrainian President Volodymyr Zelensky welcomed the win for Erdogan, who since Russia's invasion of Ukraine has positioned himself as a mediator in the conflict

Israel targets Damascus with missiles: Syrian state media

Since the start of the war in Syria in 2011, Israel has carried out hundreds of air strikes against regime...
  • Israel targeted certain positions in the vicinity of Damascus, but anti-aircraft defences brought down several missiles, Syrian ministry said
  • The strikes were the first on Damascus since late March, the last Israeli air raids on Syria on May 2 left seven dead

Erdogan stays undefeated, extends two-decade rule in Turkey runoff

Recep Tayyip Erdogan appealed for national unity Monday after winning a historic runoff election that extended two decades of his...
  • Near-complete results show Erdogan beating challenger Kemal Kilicdaroglu by four percentage points
  • "We will be ruling the country for the coming five years," Recep Tayyip Erdogan tells his supporters

Sharjah group to discuss trade boost with India in five-day trip

SHARJAH, UAE- The Sharjah Chamber of Commerce and Industry (SCCI) will embark on a trade mission to India on Monday...
  • The delegation will visit Mumbai and New Delhi, setting up business forums and arranging meetings with Indian business communities.
  • The delegation will highlight the benefits and opportunities of investing in Sharjah, detailing the incentives and facilities available.

Energy minister leads UAE delegation to development road conference in Iraq

ABU DHABI, UAE - Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei headed the UAE delegation to the...
  • The one-day conference brought together transport ministers and officials from the Gulf Cooperation Council, Iran, Turkey, Syria and Jordan.
  • The huge infrastructure project will link southern Iraq to the border with Turkey from where it will connect to rail and road networks in Europe.

Sultan Haitham bin Tarik of Iran-West mediator Oman visits Tehran

His trip comes just two days after Tehran freed Belgian aid worker Olivier Vandecasteele from almost 15 months in custody...
  • The Omani leader's visit comes a year after Raisi visited Muscat, and follows a China-brokered rapprochement deal between Saudi Arabia and Iran announced in March.
  • Oman has close ties with Iran, and played a mediating role between Tehran and the United States in the build-up to a nuclear deal Iran and world powers reached in 2015.

Iraq budget vote delayed as Kurds oppose amendments on oil

In a country where political agreements are concluded after endless negotiations between political parties, the objection of the Kurds is...
  • Iraqi Kurdistan's Prime Minister Masrour Barzani said Saturday the budget amendments amounted to "treason" and an affront to Iraqi Kurdish rights
  • Iraq's oil dependent economy has traditionally been plagued by budget delays, which the government's three-year proposal aimed to avoid

Israelis rally in protest at judicial reform after budget approved

Protesters gathered in other major cities, Haifa and Beersheba, as well as at dozens of junctions and locales throughout the...
  • Israeli media put the number of participants in the Tel Aviv demonstration at "tens of thousands," as has occurred on previous occasions
  • The government's reform proposals would curtail the authority of the Supreme Court and give politicians greater powers over the selection of judges

UN chief ‘shocked’ at Sudan army chief’s demand to dismiss envoy

The UN chief was "shocked" by Burhan's letter, which requested "the nomination of a replacement" to Perthes and accused him...
  • In the letter, Sudan army chief Abdel Fattah al-Burhan accused Perthes of bias and of not respecting "national sovereignty"
  • The US State Department voiced its "strong support" for Perthes and its "concern" over Burhan's letter calling for his resignation

Several Western states seeking division between OPEC members: Raisi

Tehran, Iran-- Urging OPEC member countries to preserve cohesion and unity among them, Iran's President Ebrahim Raisi said that several...
  • Raisi, citing the history of good relations with OPEC, expressed his country's desire to continue strengthening the cooperation with it
  • Haitham al-Ghais applauded the Islamic Republic's effort, both at ministerial and technical level, to strengthen the cohesion and unity of OPEC members

Dubai Integrated Economic Zones posts record $91 billion trade in 2024

Dubai, UAE – The Dubai Integrated Economic Zones Authority (DIEZ) recorded its highest-ever trade performance in 2024, with total trade...

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Biden-brokered truce deal halts Israel-Hezbollah war; Netanyahu plans to go full force against Gaza and Iran

Under US-brokered terms, Lebanon's army regains border control, curbing Hezbollah activity, while Israel vows to maintain security operations if threats...

Israel intensifies attacks before ceasefire deadline as Lebanon seeks “immediate halt”

US president says ceasefire takes effect on Wednesday at 4:00 AM Beirut time, as Lebanese officials accuse Israel of trying...

EU urges immediate halt to Israel-Hezbollah war as Israeli attacks kill more in Gaza and Lebanon

Israeli attacks have killed dozens in Gaza and Lebanon is the past 24 hours, while EU chief visits Beirut asking...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Putin hints at strikes on West in ‘global’ Ukraine war

In a defiant address to the nation, Russia's president railed at Ukraine's allies granting permission for Kyiv to use Western-supplied...
  • The Kremlin strongman spoke out after a day of frayed nerves, with Russia test-firing a new generation intermediate-range missile at Ukraine
  • Ukraine's President Volodymyr Zelensky branded the strike a major ramping up of the "scale and brutality" of the war by a "crazy neighbour."

Hezbollah says Israel ‘cannot impose conditions’ for truce

U.S. envoy Amos Hochstein announced "additional progress" in Lebanon-Israel ceasefire talks, heading to Israel to finalize an agreement amidst escalating...
  • "Israel cannot defeat us and cannot impose its conditions on us," Hezbollah leader Naim Qassem said in an address broadcast shortly after Hochstein announced his travel plans
  • Israeli Foreign Minister Gideon Saar, in a near-simultaneous statement, said any ceasefire deal must ensure Israel still has the "freedom to act" against Hezbollah

US envoy presses Israel-Hezbollah truce bid in Lebanon visit

Hochstein said an end to the war was "now within our grasp", while Hezbollah-allied parliament speaker Nabih Berri, said the...
  • The United States and France have spearheaded efforts for a truce in the conflict
  • Hochstein said an end to the war was "now within our grasp"