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 deploys naval destroyer in South China Sea as China rehearses ‘sealing off’ Taiwan

After two days of exercises that included simulating targeted strikes on Taiwan and encirclement of the island, the Chinese military...
  • China launched the exercises in response to Taiwan President Tsai Ing-wen's meeting with US House Speaker Kevin McCarthy last week
  • The US which had called for China to show restraint, on Monday sent the USS Milius guided-missile destroyer into Beijing-claimed waters

4th batch of Saudi oil derivatives grant arrives in Aden

Aden, Yemen - The fourth batch of the Saudi Oil Derivatives Grant, consisting of 150,000 metric tons of diesel and...
  • This initiative is part of Saudi Arabia's ongoing efforts to support the Yemeni people
  • The grant was provided to help Yemen operate over 70 power generation plants

China to end Taiwan military exercises with live-fire drills

China's war games involved sending planes, ships and personnel into "the maritime areas and air space" around all four sides...
  • Chinese fighter jets and warships simulated strikes on the self-ruled in exercises that sparked condemnation from Taipei and calls for restraint from Washinghton
  • Dubbed "Joint Sword", the three-day operation has included rehearsing an encirclement of Taiwan, the People's Liberation Army's (PLA) Eastern Theatre Command said

Manaf Al Hajri named finance minister in new Kuwait cabinet

Dubai, UAE -- Kuwait's Prime Minister Sheikh Ahmad Nawaf al-Sabah has named Manaf Abdulaziz Al Hajri as minister for finance...
  • Most of the ministerial portfolios remain unchanged in the new cabinet, such as Bader Al Mulla, who stays the oil minister.
  • Sheikh Talal Al-Khaled Al-Sabah re-appointed as minister of interior and acting minister of defense, and Sheikh Salem Abdullah Al-Jaber Al-Sabah continues to be foreign minister.

Saudi delegation arrives in Yemen for peace talks with Houthis

The delegation's arrival comes roughly a month after China helped broker a surprise rapprochement between Saudi Arabia and Iran, fuelling...
  • Saudis and Houthis are believed to have agreed in principle on a six-month truce to pave the way for three months of talks on establishing a two-year "transition" for Yemen.
  • The deal is expected to fulfil key Houthi goals, including paying salaries of civil servants in Houthi-controlled areas and lifting restrictions on Houthi-controlled airports.

Iran officials to visit Saudi Arabia on April 14 ahead of reopening diplomatic missions

Iran's foreign ministry said a delegation will visit Saudi Arabia by April 14 to pave the way for reopening its...
  • "We are expecting a foreign ministry delegation to visit Saudi Arabia" by Friday (April 14), Deputy Foreign Minister Alireza Enayati said.
  • "Two separate delegations will go to Riyadh and Jeddah", ahead of the reopening of Iran's embassy and consulate respectively, he said.

Pope deeply concerned as Israel-Palestine violence escalates

VATICAN CITY, HOLY SEE - Pope Francis underlined his "deep concern" over a flare-up in tensions between Israel and Palestinians, as...
  • Fresh violence "threatens the climate of trust and mutual respect needed to resume dialogue between Israelis and Palestinians," the Pope said.
  • Israel launched artillery strikes on Syria in retaliation for rockets the army said were fired from there onto Israeli territory.

Oman issues order to regulate consumer cooperatives

MUSCAT, OMAN  -   Oman Ministry of Commerce, Industry and Investment Promotion on Sunday  issued an order to regulate the activities...
  • The order aims at promoting Omani products, establishing new supply chains, supporting national industries.
  • The ministry pointed out that consumer cooperatives operate under a legal framework to sell goods.

Antony Blinken urges Israelis, Palestinians to deescalate tensions

In a telephonic conversation with UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan, Blinken...
  • “The United States will continue to consult closely with partners on how to advance regional security, stability, and prosperity,” Patel said.
  • The UAE was the first Arab state to open diplomatic relations with Israel in almost three decades in a US-brokered deal.

Rocket debris falls in Jordan after blast near Syria border

Amman, Jordan--Jordan's army announced that a rocket exploded Saturday evening and its debris fell in Jordanian territory near the border with...
  • The explosion in the air coincided with the Israeli army announcing the launch of artillery strikes in Syria in response to rocket from there
  • The Jordanian army statement said the debris did not cause any casualties or damage and that officials were examining the site of the incident

Fifty reported dead in Gaza as Israel steps up attacks to capture main city

Israel has said it intends to capture the territory's largest urban centre, which it describes as one of the last...

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Biden’s United States powerless as Israel pounds Lebanon

US President Joe Biden's top priorities for the past 11 months has been to prevent the Gaza war from spiraling...

Iran’s president calls Israel warmonger as he seeks talks with West

Iran's President Masoud Pezeshkian has accused Israel of seeking regional war, as he attempted to cast Tehran as restrained and...

Lebanon Under Attack: Israel murders 35 kids, death toll rises to 492 including 58 women

Lebanese Health Minister Firass Abiad said the death toll in Israeli strikes Monday rose to 492, including 35 children, the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel army tells Lebanese to ‘move away’ from Hezbollah sites

The Israeli military on Monday told people in Lebanon to move away from Hezbollah targets and vowed to carry out...
  • Israel and Hezbollah threatened on Sunday to escalate their cross-border attacks
  • Hezbollah deputy chief Naim Qassem said the group was in a "new phase" in its battle against Israel

United by innovation and progress: The enduring US-UAE partnership

‘’In close partnership, we are working to advance multilateral diplomatic solutions and provide urgently needed humanitarian assistance in Gaza and...
  • 'Our ongoing defense and counterterrorism cooperation makes our countries and the world more secure.'
  • 'US and UAE troops have stood shoulder to shoulder in six conflicts over the last 30 years;'

Iran arrests 12 accused of collaborating with Israel

Iranian authorities have announced the arrest of 12 people accused of "collaborating" with the country's arch-foe Israel, local media reported...
  • Revolutionary Guards "arrested 12 collaborators with the Zionist regime (Israel) in six provinces" of the Islamic Republic
  • Iran has enhanced efforts to build relations with its Arab neighbors by holding talks with Arab leaders at the United Nations