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

Ukraine grain deal extended, says Turkey’s President

Turkey announced the extension of a deal that has allowed exports of Ukrainian grain to resume following Russia's invasion, but...
  • Turkey and the United Nations did not specify the duration of the grain deal.
  • A deal brokered by Turkey and the United Nations in July 2022 - and signed by Kyiv and Moscow - had allowed for the safe passage og grain supplies.

Erdogan to meet Egyptian President al-Sisi soon, says Turkish minister

Turkey's top diplomat said President Recep Tayyip Erdogan and Egyptian President Abdel Fattah al-Sisi would meet to mark the end...
  • Turkey's foreign minister said his country wants to restore diplomatic relations with Egypt at the highest level.
  • Egyptian foreign minister Sameh Shoukry visited Turkey in February after the deadly earthquake as a mark of solidarity

Reform of multilateral financial institutions must for climate action, says Dr Al Jaber

PARIS, FRANCE  -  COP28 President-Designate Dr. Sultan Al Jaber met French President Emmanuel Macron and outlined his vision on the...
  • The UAE minister stressed on the need to deploy all necessary resources to transform the global energy systems.
  • Dr. Al Jaber emphasized the need for ambitious reforms across international financial institutions and multilateral development banks.

Iran hands down death sentences to two over Shiraz shrine attack

TEHRAN, IRAN -  An Iranian court sentenced two people to death over an October attack on a shrine in the southern...
  • The pair were convicted of assisting in "corruption on earth, armed rebellion and acting against national security".
  • Three other defendants in the case were sentenced to prison for five, 15 and 25 years for being members of IS group.

Jordan Chamber of Commerce, Hungarian envoy discuss economic ties

AMMAN,  JORDAN -  Vice President of the Jordan Chamber of Commerce (JCC) Jamal Rifai discussed with Hungarian Ambassador to Jordan...
  • The joint Jordanian-Hungarian committee aims to present investment opportunities in the two countries.
  • In 2022, Jordan's exports to Hungary was worth US$1.15 million and imports were US$34 million, as per official data.

India looks to broaden partnership with GCC countries

New Delhi, India--India has stepped up multi-faceted consultations with GCC states ahead of the Group of Twenty (G20) Summit to...
  • According to India's External Affairs ministry, the two countries reviewed bilateral ties in different domains and identified new areas of cooperation
  • Oman is taking part in G20 as a special invitee with India inviting nine countries under the category

Turkey’s Erdogan asks parliament to back Finland’s bid to join NATO

Ankara, Turkey--Turkish President Recep Tayyip Erdogan ended months of diplomatically charged delays on Friday and asked parliament to quickly back Finland's...
  • Erdogan told Finnish President Sauli Niinisto that Helsinki had shown a strong commitment to addressing Ankara's security concerns.
  • Turkey has been seeking the extradition of dozens of Kurdish suspects it accuses of ties to outlawed militants and a failed 2016 coup attempt

100 killed in Israeli-Palestinian conflict this year

The Palestinian health ministry announced the death of Yazan Omar Jamil Khasib, 23, who died "after the occupation (Israel) opened...
  • Since the start of the year, the Israeli-Palestinian conflict has claimed the lives of 86 Palestinian militants and civilians, including children
  • Thirteen Israeli adults and children, including members of the security forces and civilians, and one Ukrainian civilian have been killed over the same period

Tunisia’s interior minister, and close aide of president, resigns

Taoufik Charfeddine, a close aide of Tunisia's President and the country's interior minister, has announced his resignation in order to...
  • Charfeddine, a former lawyer, was a key figure in the election campaign that propelled the previously little known Saied to the presidency in 2019
  • When Saied mounted his power grab and ordered a wave of arrests, Charfeddine held news conferences to defend the incarceration of opposition politicians

Abu Dhabi-Japan Economic Council reviews growth in bilateral trade and investments

TOKYO, JAPAN - The ninth session of the Abu Dhabi-Japan Economic Council (ADJEC) here has reaffirmed its commitment to further...
  • In 2022, the bilateral trade between the UAE and Japan rose 57.5 percent to exceed US$54 billion.
  • UAE exports to Japan grew 69.7 percent to US$45.9 billion compared to US$27 billion in 2021.

Israeli strikes in Doha kill Hamas negotiator’s son, Qatari corporal

The strikes have drawn condemnation, including from UN chief Antonio Guterres, who condemned Israel's "flagrant violation" of Qatari sovereignty.

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Putin in Azerbaijan for state visit amid Ukraine offensive on Russian soil

Aliyev and Putin will sign joint documents and make statements to the press, said Russian agency Ria Novosti. On Monday,...

Unnerved and exposed, Trump struggles to regain campaign mojo

Washington, United States - Donald Trump has never lacked for self-confidence, but his presidential campaign has been sent into a tailspin...

Hamas rejects ‘new’ Gaza truce conditions as Biden says deal closer than ever

Egyptian, Qatari and US mediators have been seeking to finalize details of a framework initially outlined by Biden in May,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

40,000 and counting: the struggle to keep track of Gaza deaths

Palestinian Territories -- With Gaza largely in ruins after more than 10 months of war, the Hamas-run territory's health ministry...
  • Gaza health officials first identify bodies by visual recognition from a relative or friend, or by recovering personal items
  • The deceased's details, including name, gender, birth date and ID number, are then entered in the health ministry's digital database

Qatar to host high-stakes Gaza ceasefire talks

US Secretary of State Antony Blinken told several Middle Eastern counterparts in recent days that "this ceasefire deal is of...
  • US, Qatari and Egyptian mediators have invited Israel and Hamas for negotiations aimed at ending fighting that has killed nearly 40,000 Palestinians
  • Israel confirmed it would attend, though it remained unclear if Hamas, whose October 7 attack on Israel triggered the war, planned to participate

In Beirut, US envoy says ‘no more time to waste’ on Gaza ceasefire

US envoy Amos Hochstein's Lebanon trip comes a day before ceasefire negotiations between Hamas and Israel are set to resume
  • Hochstein and Nabih Berri discussed "the framework agreement that's on the table for a Gaza ceasefire
  • Hezbollah has repeatedly said it would only end hostilities once a Gaza ceasefire deal has been reached