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

UAE, Georgia sign Comprehensive Economic Partnership Agreement

The UAE and Georgia signed a joint statement confirming the successful conclusion of negotiations towards the UAE-Georgia Comprehensive Economic Partnership...
  • Comprehensive Economic Partnership Agreement (CEPA) signing took place in Georgia’s capital Tblisi during a UAE delegation's visit to the country.
  • The free trade agreement or CEPA will lay the foundation for deeper, stronger and more integrated economic relations between the UAE and Georgia.

Lebanon central bank chief denies financial misconduct

Lebanese central bank governor Riad Salameh maintained his innocence following a second day of questioning before European investigators in Beirut...
  • Following a three-hour session, Salameh released a statement saying he appeared as a witness and "not as a suspect or facing charges".
  • The European investigators are looking into allegations of financial misconduct, including possible money laundering and embezzlement.

Turkey’s foreign minister to visit Egypt as relations ‘return to normal’

It follows a visit last month by Egypt's Foreign Minister Sameh Shoukry to Turkey in a show of solidarity after...
  • At the time, Turkey's President Recep Tayyip Erdogan said he would "never" speak to "anyone" like Egyptian President Abdel Fattah al-Sisi.
  • But in November, Sisi and Erdogan shook hands in Qatar, in what the Egyptian presidency heralded as a new beginning in their ties.

UNSC unanimously adopts UAE, Japan resolutions on Afghanistan

NEW YORK, US - The United Nations Security Council Friday unanimously adopted two resolutions tabled by the UAE and Japan...
  • The first resolution will extend the mandate of the United Nations Assistance Mission in Afghanistan for an additional 12 months.
  • The second resolution requests that an independent assessment be carried out regarding the international approach to Afghanistan.

Xi Jinping to visit Russia next week, will discuss ‘strategic cooperation’

The two leaders "will discuss deepening the exhaustive partnership and strategic cooperation between Russia and China", including on the international...
  • Xi last visited Russia in 2019, though Putin attended the opening ceremony of the Winter Olympics in Beijing last year
  • The pair will talk about "strategic cooperation", according to a near-simultaneous statement from the Kremlin

Iran-US nuclear talks dead for now, says acclaimed scholar

The degree of anger and sympathy for the protesters, particularly among the American and European public, makes it near impossible...
  • Iran’s relations with the Arab countries are better than they were a year or two ago
  • Unsure of the US help, Gulf states are following their own strategy on managing danger in their region

Two decades after US invasion of Iraq, Senate votes to end war authorization

Since the beginning of his administration in 2021, President Joe Biden has urged Congress to revoke the 1991 and 2002...
  • In a procedural vote that came over a decade after the war's official end, senators from both parties strongly supported cancelling the 2002 Authorization for Use of Military Force
  • The same bill also revokes 1991 Authorization for Use of Military Force that empowered Bush's father president George HW Bush to attack Iraq after Saddam's forces invaded Kuwait

Israelis protesters return to streets as Netanyahu rejects reforms compromise

Demonstrators gathered in Jerusalem and the northern city of Haifa to denounce the overhaul that would, among other things, allow...
  • President Isaac Herzog presented a proposed compromise on the reforms, but the government immediately rejected it
  • Leaders of opposition parties said in a joint news conference on Thursday they supported Herzog's outline

UAE, Russia to enhance cooperation in economic, technology sectors

Moscow, Russia -  The UAE and Russia have agreed to enhance cooperation in the fields of innovation, environment, and education...
  • The two countries are also looking forward to enhancing cooperation in renewable energy and food security
  • Shifting of Russian oil trade away from the west has made the UAE the focus of Moscow's ongoing pivot to Asia

UAE pledges $3m for rebuilding Huwara raided by Israeli settlers

Thirty houses were burned and damaged, according to local officials, after dozens of Israeli settlers set them ablaze. Bezalel Smotrich,...
  • Last month, dozens of Israeli settlers violently attacked the Huwara town in occupied area of northern West Bank.
  • The occupied area of West Bank is under Israel's control since 1967 war, and around 2.9 million Palestinians live in the area.

Israeli PM tells Gaza City residents to ‘leave now’ as military ramps up deadly assault

Israel has been intensifying its bombardment of the city in preparation for an operation to conquer it, despite repeated entreaties...

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Israel FM says expects allies to attack Iran if it strikes

Israeli Foreign Minister told his French and British counterparts that his country expects support "in attacking" Iran if it strikes...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Explosions reported near two ships off Yemen

Two ships reported nearby explosions on Tuesday off the coast of Yemen, maritime security agencies said, though neither event resulted...
  • The first vessel was identified as the Liberia-flagged crude oil tanker Delta Atlantica
  • The second ship was identified as the Panama-flagged crude oil tanker On Phoenix

Israel PM and defence minister clash over Gaza hostage deal

"When Gallant adopts the anti-Israel narrative, he harms the chances of reaching a hostage release deal," Netanyahu said, adding that...
  • Gallant was discussing the choice Israel faced between a ceasefire deal that could end the conflicts in the north with Lebanese Hezbollah and in Gaza, and escalating the war
  • "I and the defence establishment support the first option," he said, rather than talk of "'total victory' and all that nonsense", a phrase frequently used by Netanyahu

Fitch lowers Israel’s credit rating amid economic strain from Gaza conflict

San Francisco, United States - US credit rating agency Fitch downgraded Israel a notch on Monday, warning that its ongoing conflict...
  • Fitch said that the conflict continuing into next year would force Israel to continue its high spending on military
  • Israel has also exchanged near-daily cross-border fire with Hezbollah in Lebanon, forcing Israelis to be evacuated from the northern border region