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

Humans must stay in control of AI, European trade union chief warns

BERLIN, GERMANY — No employee should be “subject to the will of a machine”, European trade union chief Esther Lynch...
  • In the same way that EU treaties protect health and safety in the workplace, rules are needed to guarantee “the human-in-control principle” when it comes to AI, Lynch said.
  • Lynch, general secretary of the European Trade Union Confederation since last December, will head the four-day ETUC Congress that kicks off in the German capital.

SCCI discusses trade with Guatemalan, Indonesian delegations

SHARJAH, UAE -   The Sharjah Chamber of Commerce and Industry (SCCI) has discussed strengthening trade and economic ties with diplomatic...
  • The discussions focused on amplifying bilateral relations in industry, agriculture, food security, livestock and broadening trade exchanges.
  • SCCI invited Indonesian businessmen to visit Sharjah to see the progress on existing projects and experience the facilities the emirate offers.

Iran, Indonesia sign trade agreement during Raisi visit

Indonesia and Iran signed a trade agreement in Jakarta where President Joko Widodo hosted his Iranian counterpart Ebrahim Raisi. Tehran...
  • Under the pact, Iran will provide easier access for Indonesian exports including vegetable oil, cocoa, coffee and tobacco.
  • Jakarta would lower tariffs on Iranian exports to Indonesia, including oil and its derivative products, minerals, chemicals and iron.

Saudi energy minister warns oil short-sellers ahead of OPEC+ meet

Speaking on the sidelines of the Qatar Economic Forum, Saudi Arabia's Minister of Energy Prince Salman said OPEC+ pursued three...
  • “I keep advising them that they will be ouching — they did ouch in April,” Prince Abdulaziz bin Salman said. “I would just tell them: Watch out!”
  • Prince Salman said that a future source of energy cannot be tackled amid foggy vision. He had called OPEC+ to stick to its Oct 2022 agreement.

Assad must face trial for chemical use: French foreign minister

Colonna nevertheless said Paris would not be changing its policy towards the Syrian ruler. "We have to remember who Bashar...
  • Asked during a television interview if she wanted Assad to be tried, the French foreign minister Catherine Colonna said "the answer is yes"
  • Assad last week returned to the regional scene with an appearance at a summit of the Arab League, he had been banned from for a decade

Saudi Arabia, Bahrain begin joint security exercise ‘Haris’

Riyadh, Saudi Arabia - The Saudi Royal Guard and the Bahrain Royal Guard have started the joint security exercise “Haris”...
  • The joint exercise is part of the continuous cooperation between the Saudi Royal Guard and the Bahrain Royal Guard.
  • The exercise was inaugurated by Major General Mohammed bin Saeed Al-Omari, Chief of Operations Department

Russia’s PM to sign trade, infrastructure deals in China visit

The two countries have in recent years ramped up economic cooperation and diplomatic contacts, with their strategic partnership having only...
  • The Russian PM will take part in a Russian-Chinese Business Forum and visit a petrochemical research institute in Shanghai
  • A number of sanctioned Russian tycoons, including from the key fertilizer, steel and mining sectors to take part in the forum

End of COVID-19 emergency doesn’t end its threat

“The threat of another variant emerging that causes new surges of disease and death remains, and the threat of another...
  • WHO Director-General Tedros Adhanom Ghebreyesus warns of potential future surges from new variants and the emergence of deadlier pathogens
  • The global health body chief also stresses the importance of readiness for future pandemics with decisive, collective, and equitable responses

Lawmakers clash in Iraqi Kurdistan’s parliament

Lawmakers came to blows in Iraqi Kurdistan's parliament in a dispute between the two biggest parties over the upcoming polls...
  • Fresh polls for the 111-seat parliament are planned for November 18 and the KDP currently holds 45 seats, trailed by the PUK which has 21.
  • The tumult broke out after the KDP scheduled a late vote to activate the commission organizing the elections.

What’s next for Syria after Assad’s regional comeback?

Beirut, Lebanon -- Syrian President Bashar al-Assad has returned to the Arab fold after more than a decade of isolation, eyeing...
  • Several Arab capitals cut ties with Assad after the Damascus regime's repression of anti-government protests sparked war in 2011, with some supporting the opposition instead.
  • States that once bet on Assad's demise have warmed to him as he clung to power and clawed back territory with Iranian and Russian support.

Floating wind power sets sail in Japan’s energy shift

Still heavily reliant on imported fossil fuels, Japan has declared offshore wind energy a "trump card" in its drive to...

Company News

Latest News

Nations far apart in COP29 climate finance talks

According to the latest draft of the long-sought climate finance pact, most developing countries favor an annual commitment from wealthy...

UN nuclear chief heads to Iran for crucial talks

International Atomic Energy Agency chief Rafael Grossi is set to visit Tehran on Wednesday for crucial talks on Iran's nuclear...

Lebanon says 11 killed in Israel strikes across the country

Lebanon said Israeli strikes killed 11 people across the country Tuesday
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Saudi Crown Prince says Israel must not attack Iran, expresses shock over war crimes in Gaza

Indicating improving ties between the two major powerhouses in the Middle East, Crown Prince Mohammed bin Salman urged international community...
  • International community should oblige Israel "to respect the sovereignty of the sisterly Islamic Republic of Iran.."
  • Riyadh and Tehran are warming their relationship, and this is a very different regional environment, says expert.

Saudi hosts Muslim nations to discuss war in the Middle East with Trump in the equation

Arab and Muslim leaders are gathering in Saudi capital city Riyadh to discuss Israeli war against Gaza and Lebanon in...
  • Summit in Saudi Arabia is an opportunity for Muslim leaders to show signal what they want and expect from the incoming Trump administration
  • Israeli strikes on Sunday killed dozens in Gaza and Lebanon as US deadline for Israel to improve aid delivery is on Wednesday

Qatar halts Gaza mediation efforts amid stalled talks on ceasefire and hostage release

The Gulf emirate, which has hosted Hamas's political leadership since 2012 with US blessing, has been involved in months of...
  • Talks, also mediated by Cairo and Washington, have repeatedly hit problems since a one-week truce in November 2023 -- the only one so far
  • One crucial hurdle has been Hamas's insistence that Israel withdraw completely from Gaza, something Israeli officials have repeatedly rejected