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

WTO fishing deal: the net results

Agreed by more than 100 WTO members, the agreement sets binding rules requiring governments to consider the legality and sustainability...

Iran’s president criticizes US presence in Middle East

Iran's President Ebrahim Raisi slammed the United States' presence in the Middle East, as he hosted his counterpart from neighboring...
  • The US has 2,500 non-combat troops in Iraq to provide it with advice and training.
  • About 900 US troops remain in Syria, most in the Kurdish-administered northeast.

Jordan’s exports to EU nations in January,  February 2023 rose to US$87m

AMMAN, JORDAN - Value of Jordanian exports to European Union countries increased during January-February period of 2023, by 108.5 percent...
  • Jordan's imports from the EU nations in January, February 2023 rose to reach US$671 million.
  • Trade exchange between Jordan and EU countries in January, February 2023 amounted to about US$758 million.

Three civilians wounded in Israel air strikes in Syria, says state media

Three civilians were wounded in Israeli air strikes near the Syrian city of Homs, state media reported, with a war...
  • Israel has repeatedly said it will not allow its arch-foe Iran to extend its footprint in Syria.
  • "The Israeli enemy carried out an air attack with missiles, from the direction of north Lebanon," state media reported.

Iran offers to solve Lebanon’s electricity shortage

Tehran, Iran - Iran's Foreign Minister, Hossein Amir-Abdollahian, has offered to solve Lebanon's electricity shortage issue through bilateral cooperation despite...
  • Iran had previously supplied fuel to Lebanon via Syria last year, in response to a request from Hezbollah
  • Lebanon has been facing severe electricity crisis, with frequent power outages affecting households and businesses

Iraq president seeks to deepen partnership on his visit to Iran

Tehran, Iran--Accompanied by a large delegation, Iraq's President Abdul Latif Rashid arrived in Tehran to deepen economic, trade and political ties...
  • The two presidents will hold talks on trade, climate change, security, stability at the Saadabad Cultural and Historical Complex
  • The Iraqi president has maintained that the two neighbors can contribute to strengthening of security and stability in the region

Turkish president, UN chief discuss grain deal over phone, Sudan situation

Ankara, Turkey  - Turkish President Recep Tayyip Erdogan on Friday discussed over the phone with the UN Secretary-General Antonio Guterres...

Iranian president Raisi to visit Syria ‘in the near future’

Raisi's planned trip comes against the backdrop of a rapprochement between regional rivals Iran and Saudi Arabia, and increased Arab...
  • The planned visit comes in the context of "multidimensional" cooperation between Tehran and Damascus
  • Iran is a major ally of President Bashar al-Assad and has given financial and military support to his regime

European probe officials to question Lebanon central bank audit firms

European investigators probing Lebanese central bank chief Riad Salameh's wealth will question officials from two international firms previously tasked with...
  • Visiting European investigators plan to question officials from the Lebanon offices of Deloitte, Ernst and Young, and a local firm.
  • The European investigators arrived in Beirut this week on their third trip to Lebanon in connection with the probe.

Uzbekistan, IsDB ink pacts worth US$396.7m for infrastructure, education

JEDDAH, SAUDI ARABIA  - Islamic Development Bank (IsDB) President and Group Chairman Dr. Muhammad Al-Jasser and Uzbekistan Minister of Investments,...
  • Under the agreement, IsDB will provide US$260 million in financing for the Integrated Rural Development Project.
  • The project will empower local communities, improve their access to quality and resilient infrastructure.

UAE to take part in meeting with Arab finance ministers, experts

ABU DHABI, UAE - The UAE will participate in the Joint Annual Meeting of Arab Financial Institutions, which will be...
  • UAE will participate in the 52nd annual meeting of the Board of Governors of the Arab Fund for Economic and Social Development.
  • UAE will also take part in the 47th annual meeting of the Board of Governors of the Arab Bank for the Economic Development in Africa.

WTO fishing deal: the net results

Agreed by more than 100 WTO members, the agreement sets binding rules requiring governments to consider the legality and sustainability...

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Saied re-elected Tunisia president with 90.7% of the vote

Tunis, Tunisia - Kais Saied has been re-elected president of Tunisia with 90.69 percent of votes cast, electoral authority ISIE said...

HRW: Israeli strikes endanger civilians on Lebanon-Syria border

Human Rights Watch said the strikes were "impeding civilians trying to flee and disrupting humanitarian operations", adding: "The situation places...

Israel marks first anniversary of Hamas’s October 7 attack

Israel began its commemorations Monday of the one-year anniversary of Hamas's deadly October 7 attack, with an outpouring of emotion...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Israeli airstrikes escalate in Lebanon as UN and Macron demand urgent ceasefire and de-escalation

As Israeli airstrikes rock Beirut, the UN demands peace and hostages’ release, and Macron criticizes Israel’s military actions, warning against...
  • The UN secretary-general denounced Hamas and called for an immediate end to the "shocking violence and bloodshed" in Gaza and Lebanon
  • French President Emmanuel Macron called Saturday for a halt on arms deliveries to Israel for use in Gaza, provoking a sharp response from Israeli PM Netanyahu

Iran FM threatens ‘even stronger’ retaliation to any attack

"Our reaction to any attack by the Zionist regime is completely clear," Foreign Minister Abbas Araghchi told reporters in the...
  • He spoke after an Israeli military official told AFP, the army was "preparing a response to the unprecedented and unlawful Iranian attack."
  • The conflict has also drawn in Iran's Lebanese ally Hezbollah, and on September 23 Israel sharply intensified its campaign against the militant group

Trump says he thinks Israel should ‘hit’ Iran nuclear facilities

The former president, speaking at a campaign event in North Carolina, referred to a question posed to Democratic President Joe...
  • "When they asked him (Biden) that question, the answer should have been, hit the nuclear first, and worry about the rest later," Trump said
  • Biden was asked on Wednesday whether he would support strikes against Iranian nuclear sites and the US president told reporters: "The answer is no."