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

UK’s Starmer to meet Palestinian leader Abbas

Prime Minister Keir Starmer was due to meet Palestinian Authority president Mahmud Abbas Monday, as the UK government edges towards...

‘Strategic position makes UAE key blockchain, Web 3 player’

There is a need for more regulations in the cryptocurrency industry to prevent immoral and aberrant behavior, says Anthony Scaramucci,...
  • There is a need for more regulations in the cryptocurrency industry to prevent immoral and aberrant behavior, says Anthony Scaramucci, former White House Communications head
  • The blockchain and Web 3 are the future, and UAE's well-designed cities of Dubai and Abu Dhabi make them critical players in the industry, adds SkyBridge Capital founder Scaramucci

China diplomatic offensive lays down new challenge for US

But US officials and experts say that China's diplomacy is not so much about ending the war as an attempt...
  • Xi pushed forward positions on Ukraine during two days of talks in Moscow, a week after China announced the restoration of ties between Iran and Saudi Arabia
  • The United States has been skeptical of China's diplomatic offensive, believing its proposed ceasefire would only provide time for Russia to regroup forces

Israel annuls law banning settlers from residing in West Bank areas

The parliamentary vote notably paves the way for Israeli authorities to formally allow settlers to return to Homesh, the only...
  • An amendment approved by lawmakers overnight permits Israelis to return to the West Bank settlement sites near the city of Nablus.,
  • Israel's Finance Minister Bezalel Smotrich, who claimed "there isn't a Palestinian people", heralded the parliamentary vote as "historic".

Tunisia dismisses EU official’s ‘looming economic collapse’ warning

European Union foreign policy chief Josep Borrell had warned Monday that if crisis-torn Tunisia "collapses economically or socially then we...
  • Tunisia has suffered over a decade of economic and political crisis since its 2011 revolution, culminating in a July 2021 power grab by President Kais Saied.
  • Tunis is in prolonged talks with the International Monetary Fund for a $2-billion bailout package to help the heavily indebted treasury balance its books.

China must listen to Ukraine on peace plan: NATO chief

The head of the Western military alliance said he welcomed any proposals that could lead to a "just and sustainable...
  • Putin told Xi he was open to discussing a 12-point position paper put forward by Beijing, which includes a call for dialogue and respect for all countries' territorial integrity
  • China has sought to portray itself as a neutral party in the Ukraine conflict, but Washington has said Beijing's moves could be a "stalling tactic" to help Moscow

First India-GCC senior officials meeting held in Riyadh

New Delhi, India - The first ever meeting of senior officials of India and the Gulf Cooperation Council (GCC) was...
  • India has been steadily stepping up institutional engagement of the GCC in addition to regular bilateral meetings with its member countries
  • As a trade bloc, the GCC is the largest trade partner of India with a total trade of US$154 billion during the last financial year

Israel’s ruling coalition amends key judicial reform proposal

Jerusalem--Israel's ruling coalition presented on Monday an amended version of a key element in its contentious judicial overhaul, in hopes...
  • Israel has been hit by weeks of mass demonstrations against the proposed reforms, which are already moving through parliament and would give politicians more power
  • The White House said that Joe Biden in a call with Netanyahu voiced support for a "compromise" and stressed the importance of "genuine checks and balances"

Jordan king discusses modernization efforts in meeting with EU envoys

Amman, Jordan - Jordan king Abdullah on Monday discussed his country's modernization efforts in a meeting  with a number of...
  • The meeting covered Jordan's modernization efforts, with the king reaffirming the Kingdom’s seriousness about political and economic reforms
  • Discussions also covered the latest developments in the Syrian crisis and the need to step up international efforts to reach a political solution

Saudi-Iran diplomatic pact leads to prisoner swap deal in Yemen

The UN has confirmed that Yemen's Houthi rebels and its internationally recognized government have reached an agreement to exchange more...
  • According to UN special envoy to Yemen Hans Grundberg, the parties "agreed on implementation plans to release 887 conflict-related detainees from all sides"
  • It is almost a year since the Houthis said they had agreed to a prisoner swap that would see 1,400 rebels freed in exchange for 823 pro-government fighters

Israel minister’s ‘there are no Palestinians’ remarks condemned

"There are no Palestinians, because there are no Palestinian people," far-right Israeli Finance Minister Bezalel Smotrich said at an event...
  • "There are Arabs around who don't like it, so what do they do? They invent a fictitious people and claim fictitious rights to the land of Israel, only to fight Zionist movement.
  • Palestinian PM Mohammad Shtayyeh said "inflammatory statements are consistent with the first Zionist sayings of 'a land without a people for a people without a land'".

Israel forum says concerned for Gaza hostages after Doha strikes

The main Israeli group campaigning for the release of hostages held in Gaza expressed "deep concern" following an Israeli attack...

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Harris bats for nuance on Gaza, Palestinians’ right to ‘freedom, self-determination’

Harris also pledged to "always stand up for Israel's right to defend itself." Some pro-Palestinian activists, who rallied on the...

The Gaza mothers separated from their newborns by war

Jerusalem, Undefined - As their first birthday approaches, the triplets Gaza-native Hanane Bayouk gave birth to in Jerusalem before the war...

India’s Modi urges peace ahead of historic Ukraine visit

"It is India's strong belief that no problem can be resolved on a battlefield," Modi said in Poland, a staunch...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Iran probe finds Raisi helicopter crash caused by weather: media

Iran's army in May similarly said it had found no evidence of criminal activity in the crash that also killed...
  • The helicopter carrying 63-year-old Raisi crashed on a fog-shrouded mountainside in northern Iran, killing the president and seven others, and triggering snap elections
  • Fars news agency, quoting an informed security source with knowledge of the conclusions of the probe, said overloading was also behind crash

Blinken presses Hamas to back Gaza truce but sees gaps with Israel

Doha, Qatar - Top US diplomat Antony Blinken appealed Tuesday to Hamas urgently to accept a ceasefire plan to ease suffering...
  • The US secretary of state closed his ninth wartime trip to the region in which he warned that the US-backed truce proposal may be the "last chance" to broker an end the conflict
  • The United States last week presented ideas to bridge gaps and, through Qatar and Egypt, has pressed heavily on Hamas to accept and return to talks this week in Cairo

US says Iran responsible for Trump campaign hack

The statement from the Office of the Director of National Intelligence (ODNI), the Federal Bureau of Investigation (FBI), and the...
  • Trump's campaign said on August 10 that it had been hacked, blaming "foreign sources" for distributing internal communications and a dossier on running mate J.D. Vance
  • Trump's campaign implied Iran was behind the move as news outlet Politico reported it had received emails with campaign material from a source who refused to identify themselves