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 national security advisor to visit Saudi Arabia, will meet Indian, UAE NSAs there

Jake Sullivan said that the meetings will help carry forward some very tangible initiatives that will be unlike anything they...
  • Jake Sullivan said that the meetings will help carry forward some very tangible initiatives that will be unlike anything they have seen in the region in recent years
  • US NSA, who is Biden's top aide on national security matters, has been closely involved in Middle East issues and reiterated Washington's commitment to the region

Iran seeks trade boost with Syria during Raisi’s visit to Damascus

Iran's president hailed his visit to Damascus as a "turning point", after Tehran's support helped Syria retake most of the...
  • Raisi said Iran and Syria had signed 15 "cooperation documents" which would allow "both countries to open a new chapter in economic relations".
  • Raisi and Assad signed a deal on "long-term strategic cooperation", covering fields including oil, aviation, railways and agriculture.

UN says US$445m needed to help 860,000 refugees fleeing Sudan

The United Nations said it was planning for an outflow of 860,000 people from conflict-torn Sudan, adding that $445 million...
  • Over 100,000 people have already fled Sudan since deadly urban combat broke out on April 15.
  • Another 330,000 people have been displaced inside Sudan, according to UN figures - and the situation is getting worse.

UAE, Switzerland discuss enhancing bilateral relations

BERN, SWITZERLAND - The UAE discussed bolstering strategic relations and cooperation in various development, economic and financial fields of common...
  • A UAE minister said financial dialogue offers opportunities for collaboration between both countries to achieve further growth and prosperity.
  • He also mentioned that the global economy went through fast developments since both parties last met in Abu Dhabi in March 2022.

Russia claims Ukraine sought to attack Kremlin with drones

Terming it as a "planned terrorist act and an attempt on the life of the President of the Russian Federation,"...
  • Ukraine has denied the Russian accusation that it was behind the alleged attack, suggesting that it was "staged" by Moscow
  • Russia has begun what it called a terrorism probe into the attempt to "strike the Kremlin residence of the President of Russia"

Russia, Iran to ink pact on linking railroad infrastructure

Tehran, Iran - Russia and Iran are set to sign a bilateral agreement on the construction of the Rasht-Astara section...
  • The project will connect the land sections of the International North-South Transport Corridor, increasing efficiency of the trans-Caspian route
  • The construction of the Rasht-Astara section is estimated to cost around $1.6 billion and take four years to complete

Dozens of migrants rescued at Turkey border: Greek police

Athens in 2020 erected a 37.5-kilometre (23-mile) steel barrier in this remote northeastern area after tens of thousands of migrants...
  • The migrants group included 13 men, 11 women and 15 minors, the police said in a statement, without disclosing nationalities
  • The police said that the migrants were taken to the islet on a dinghy by a smuggler on the Turkish side of the river and left there

Global energy firms must pay up to prevent spill: Yemen company

To prevent a damaging oil spill in the Red Sea, the UN Development Programme in March took the unprecedented step...
  • Hayel Saeed Anam Group, which in August contributed $1.2 million to UN clean-up campaign, made the appeal hours before a virtual donor conference hosted by Britain and Netherlands
  • The Safer's 1.1 million barrels contain four times as much oil as that spilled in the 1989 Exxon Valdez disaster off Alaska, one of the world's worst ecological catastrophes

Guarantee security for Sudan aid deliveries, asks UN

The United Nations called for security guarantees at "the highest level" to ensure aid deliveries in Sudan, after trucks carrying...
  • UN's top humanitarian official said the global body had a plan for delivering aid and supplies to address the dire situation in Sudan.
  • UN's top humanitarian official said, "We will need to have agreement at the highest level and very publicly".

Jordan briefs Russia on Amman’s Syria meeting

AMMAN, JORDAN  - Jordan's Minister of Foreign Affairs and Expatriates Ayman Safadi on Wednesday briefed his Russian counterpart Sergey Lavrov...
  • In addition to Jordan, the meeting in Amman also brought together the foreign ministers of Saudi Arabia, Iraq, Egypt and Syria.
  • Jordanian foreign minister said the political solution must preserve Syria's unity, cohesion, sovereignty and meet the aspirations of the people.

UN investigators: Israel committing genocide in Gaza to ‘destroy the Palestinians’

This is the first time a UN-mandated investigative body has concluded the country is committing genocide and it might prompt...

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European Mediterranean states to discuss Middle East, migration

Leaders from nine European countries around the Mediterranean Sea are set to meet in Cyprus on Friday October 11 to...

Erdogan says Gaza ‘shame of humanity’, calls for permanent ceasefire

Tirana, Albania - Turkey's President Recep Tayyip Erdogan renewed his attacks on Israel as he arrived in Tirana Thursday, the first...

Details: Fresh Israeli attacks kill more Lebanese as Europe flays Netanyahu over strike against UN

Israel attacks Lebanon killing dozens and injuring more than 100 people, while Joe Biden calls Netanyahu a "liar" and Amnesty...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Saudi Crown Prince holds talks with Iranian foreign minister in Riyadh

Saudi Arabia and Iran hold discussions on bilateral and regional issues, especially on peace efforts in Lebanon and Gaza. Also,...
  • "I hope that these consultations can lead to better conditions for Palestine and Lebanon and establish peace in the region"
  • Hezbollah told the Lebanese authorities it accepted a ceasefire with Israel the day an Israeli strike killed its leader Hassan Nasrallah

Iran FM in Saudi for talks on Gaza and Lebanon

Iranian Foreign Minister Abbas Araghchi's arrival in Saudi Arabia aims to address Israeli military aggression in Gaza and Lebanon, seeking...
  • The Saudi Al-Ekhbariya channel broadcast footage of Saudi Foreign Minister Prince Faisal bin Farhan greeting Araghchi and his delegation in Riyadh
  • Araghchi's visit to Saudi Arabia comes as the region awaits Israel's response to an Iranian missile attack on its territory last week

Israel continues to tear apart Gaza and parts of Lebanon; Hamas-Hezbollah alive and kicking

While Israel continues to attack Gaza and Lebanon, the situation is "very scary" in Gaza Strip according to a Red...
  • "It seems Israel aims to create long-term demographic changes through displacement to fully colonize Gaza"
  • Few remaining hospitals and clinics in Gaza have been hit hard by a lack of supplies with restricted humanitarian aid