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

Lebanon bank chief turns up for European probe into his wealth

Salameh had been summoned to appear on Wednesday but failed to show up, alleging that "the presence of international judges...
  • He faces allegations of crimes including embezzlement in separate probes in Lebanon and abroad. He rarely appeared before investigating judges, despite numerous complaints.
  • France, Germany and Luxembourg seized assets worth 120 million euros ($130 million) in March last year in a move linked to a French probe into Salameh's personal wealth.

No recent crossings of Lebanon-Israel border, say UN peacekeepers

BEIRUT, LEBANON - The UN peacekeeping force in Lebanon said Thursday it had not observed any border crossings after Israel said...
  • UNIFIL acts as a buffer between Lebanon and Israel, neighbors that remain technically at war and have no diplomatic relations.
  • United Nations Interim Force in Lebanon urged both sides to exercise restraint and use UNIFIL coordination mechanisms to "avoid misunderstandings".

Will only talk to Erogan if Turkey exits Syria: Assad

The Syrian leader, who arrived in Moscow on Tuesday, demanded that Turkey end its "support for terrorism" alongside a withdrawal,...
  • His comments come one day after he met Russian President Vladimir Putin, who is seeking to repair ties between Erdogan and Assad
  • Erdogan and Assad had amicable relations in the 2000s after years of tensions between their countries following the breakup of the Ottoman Empire

JCC discusses trade, commerce in economic summit in France

AMMAN, JORDAN -  The Jordan Chamber of Commerce (JCC) took part in the fourth Arab-French Economic Summit 2023 in Paris....
  • Jordan Chamber of Commerce spoke of closer ties with trade and commercial bodies in the European Union member states.
  • Topics like environment and water, industry, modern construction projects, food, nutrition, healthcare, banking, medicine, funds, climate were discussed.

China, Russia, Iran conduct joint naval drills in Gulf of Oman

China, Iran, and Russia are conducting a five-day trilateral naval exercise, Security Belt-2023, in the Gulf of Oman, according to...
  • China's Defense Ministry, in a statement, said the exercises will conclude on Sunday and will include the participation of China's guided-missile destroyer Nanning
  • Russia will be represented by a detachment of ships from the country's Northern Fleet, including the Admiral Gorshkov frigate and the Kama medium sea tanker

Saudi-Iran pact should offer momentum toward peace in Yemen: UN

United Nations, United States--The surprise rapprochement between Saudi Arabia and Iran should offer momentum toward peace by the warring parties in...
  • The UN Secretary General's Special Envoy for Yemen Hans Grundberg appealed to the parties to the conflict to seize the opportunity of the breakthrough
  • The war in Yemen has since claimed hundreds of thousands of lives -- direct and indirect victims -- and displaced millions and pushed many into poverty

Lebanon’s central bank chief snubs European investigators’ team

Salameh had been summoned to appear at Beirut's justice palace on Wednesday morning but objected to the session and instead...
  • Riad Salameh, 72, is part of the Lebanese political class widely blamed for a crushing economic crisis that began in late 2019.
  • The investigators are examining the fortune he has amassed during three decades in the job. He denies all the allegations.

Bashar al-Assad meets Putin in Russia to discuss Syria-Turkey ties

"Dear Mr President, I am very glad to see you in Moscow. Thank you for accepting our invitation," Putin told...
  • The outbreak of Syria's civil war in 2011 has strained relations between Damascus and Ankara, which has long supported rebel groups opposed to Assad.
  • Damascus is a staunch ally of Moscow, which intervened in the Syrian conflict in 2015, launching air strikes to support the government's struggling forces.

Saudi Arabia sees ‘lot of’ investment opportunities in Iran

Iran has been under renewed US sanctions since then president Donald Trump abandoned a landmark nuclear agreement between Tehran and...
  • Saudi finance minister Mohammed Al-Jadaan said Iran has a lot of business opportunities, which could enhance investments in the country.
  • Saudi Arabi and Iran agreed to restore their ties and reopen embassies in the next two months after a peace deal mediated by China.

WEF23 continues to impact global policies, events

TRENDS comes out with exclusive interviews of eminent leaders who had set a blueprint for a peaceful and successful global...

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...

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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

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...

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

Most Read

West tells Iran to ‘stand down’ Israel attack threats; Tehran says ‘no way’

With tensions soaring in the Middle East, the United States says that Iran along with its proxies might attack Israel...
  • Iran and its Lebanese ally Hezbollah have vowed revenge for the killings of Ismail Haniyeh and Fuad Shukr
  • The White House warned that a "significant set of attacks" by Iran and its proxies was possible as soon as this week

Yunus says Bangladesh is experiencing a ‘student-led revolution’

Hasina fled by helicopter as protesters flooded Dhaka's streets in a dramatic end to her long rule. Her government was...
  • "This is a revolution, a student-led revolution," new interim leader Muhammad Yunus said
  • Yunus, 84, arrived back in Bangladesh from Europe on Thursday

US orders carrier group to hasten Middle East arrival

He said Austin, who spoke with his Israeli counterpart Yoav Gallant on Sunday, had also ordered the USS Georgia guided missile...
  • US Defence Secretary Austin ordered the aircraft carrier strike group led by the USS Abraham Lincoln, and equipped with F-35 fighters, to "accelerate its transit" to the region
  • The United States announced last week that it was deploying the strike group, as well as additional ballistic missile defense-capable cruisers and destroyers