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

US debt ceiling issue keeps Biden, aides busy at G7

President Joe Biden may be on the other side of the world but his political fight back home over the...
  • The Group of 7 meeting in Japan is an important stage for Biden's goal of restoring US leadership among the world's democracies.
  • "It is definitely a subject of interest here at the G7," National Security Advisor Jake Sullivan told reporters.

G7 to focus on ‘responsible’ use of artificial intelligence

The world must assess the impact of generative artificial intelligence, G7 leaders said, announcing they will launch discussions this year...
  • Text generation tools such as ChatGPT, image creators and music composed using AI have sparked delight, alarm and legal battles.
  • European Parliament lawmakers this month also took a first step towards EU-wide regulation of ChatGPT and other AI systems.

UAE to implement support scheme for low-income farm owners

DUBAI, UAE -   The Ministry of Community Development and Etihad Water & Electricity have announced the implementation mechanism of the...
  • The support aims to reduce the financial burden related to electricity bills, as part of an integrated and holistic approach to help low-income families in UAE.
  • Beneficiaries can check the monthly support amount by referring to their farms’ consumption bill through Etihad Water & Electricity’s service channels.

UAE discusses clean energy partnerships with Germany, Netherlands

ABU DHABI, UAE -  A senior UAE official of the Ministry of Energy and Infrastructure (MoEI) visited Germany and the...
  • Over 11,500 decision-makers, energy ministers and CEOs from over 100 countries participated in the World Hydrogen Summit 2023 in Netherlands.
  • A senior UAE official provided an overview of the country's energy transition, with a focus on its hydrogen industry.

Sudan’s de facto leader sacks rival general as war rages on

The sacking of the general made no difference to the fighting on the ground in both Khartoum and Darfur even...
  • Saudi Arabia, hosting an Arab summit on Friday, has been seeking to hammer our a humanitarian ceasefire, while representatives of the warring generals are at present in the kingdom
  • UN aid chief said he was "allocating $22 million to support relief efforts in Chad, the Central African Republic, Egypt and South Sudan," where Sudanese have sought refuge

Serious efforts needed to tackle Arab world challenges

He stresses on resolving the Palestinian issue, expressing concerns over escalating Israeli attacks and calling for a collective response to...
  • OIC Secretary General Hussein Ibrahim Taha highlights the need for strengthening cooperation amid delicate circumstances in Arab and Islamic world
  • During the Arab League Summit, Taha also underscores the importance of resolving the Palestinian issue and calls for a collective international response

Iran says reserves right to take action on Afghan water dispute

Iran said it "reserves" the right to take action as a dispute with Afghanistan escalates over an upstream river dam...
  • Iran accused Afghan authorities of not meeting their obligations in providing Tehran with its "water rights" from the Helmand River.
  • The Helmand River flows from the mountains of the central Afghan province of the same name for over 1,000 kilometers into Lake Hamoun.

Leaders call for unity, peace, progress in Arab world

The Arab League Summit, which concluded on an optimistic note in Jeddah, highlighted the need for unified Arab positions and...
  • The Arab League Summit, which concluded on an optimistic note in Jeddah, highlighted the need for unified Arab positions and effective strategies to confront current challenges
  • Several leaders, including those from Egypt, Jordan, and the UAE, focused on issues such as national state preservation, economic cooperation, and regional stability

Ajman Chamber, Belgium Embassy discuss trade opportunities

AJMAN, UAE -   Chairman of the Ajman Chamber of Commerce and Industry (ACCI) Abdullah Al Muwaiji discussed trade and investment...
  • The meeting aimed to strengthen economic ties and promote Ajman as an attractive investment destination.
  • The discussions focused on bilateral economic, trade investment relations, tourism, industry, trade, education, health.

Syria, Ukraine join as Arab League Summit kicks off

Syrian President Bashar al-Assad returns to Arab League Summit, which confronts conflicts across the Middle East and beyond, including the...
  • Syrian President Bashar al-Assad returns to Arab League Summit, which confronts conflicts across the Middle East and beyond, including the war in Ukraine.
  • Ukrainian President Volodymyr Zelensky meets Saudi Crown Prince Mohammed bin Salman and thanks him for backing Ukraine's sovereignty ahead of the summit

Macron risks Israeli backlash with Palestinian recognition, yet seizes historic chance to reshape Middle East diplomacy

France and the UK will be the first permanent UN Security Council members to recognise a Palestinian state and, along...

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Lebanon MPs demand UN protection of heritage sites from Israel attacks

The Lebanese MPs called on Azoulay to "urgently prioritize the protection of these historic sites by mobilizing UNESCO’s authority.

Trump wins White House in stunning comeback

The polarizing Republican's win, following one of the most hostile campaigns in modern US history, was all the more remarkable...

Republicans seize control of US Senate: networks

Republicans wrested the US Senate from Democratic control, ending four years in the minority, in its quest to dominate every...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Israel escalates strikes in Lebanon, Gaza as Netanyahu visits Northern Border, and Hezbollah claims missile attack

Israel intensifies airstrikes across Lebanon and Gaza, escalating cross-border violence as Netanyahu urges troops to push Hezbollah back and prevent...
  • Netanyahu's visit came after an air strike killed at least three people near the southern Lebanon city of Sidon,, and as more bombs hit the country's east
  • Iran's President Masoud Pezeshkian on Sunday said a potential ceasefire with its allies Hamas and Hezbollah "could affect the intensity and type of our response."

Lebanon accuses Israel of truce rejection after deadly Beirut strikes and growing Gaza crisis

A US-brokered plan reportedly under consideration would see Hezbollah pull back 30 kilometres (20 miles) from the border, north of...
  • The strikes on Lebanon came a day after Israeli Prime Minister Benjamin Netanyahu met US officials to discuss a possible deal to end the war against Hezbollah
  • In Gaza, where Israel has been engaged in a major offensive in the north for nearly a month, a Hamas official said the Palestinian group had rejected short-term truce

Israel, US envoys discuss possible ceasefire amid rising casualties in Lebanon conflict

With US mediation, a ceasefire proposal emerges for both Gaza and Lebanon, balancing Israel's security demands and Lebanon’s need for...
  • Netanyahu told Washington envoys Amos Hochstein and Brett McGurk that any Lebanon deal must guarantee Israel's longer term security
  • More than a month into its war with Israel, Hezbollah says it is ready for a truce, but there are limits to what it can accept after suffering devastating attacks