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

Qatar sees off World Cup criticism to claim diplomatic victory

The emirate went into the tournament under scrutiny for its treatment of foreign workers and LGBTQ people but one of...
  • As a major supplier of natural gas and an intermediary in conflict zones such as Afghanistan, Qatar already possessed diplomatic clout but struggled to gain public recognition.
  • The public airing of the Palestinian cause in stadiums and Morocco's surge to the tournament's semi-finals also boosted feelings of Arab pride.

UAE, Morocco discuss ways to boost cooperation in energy, industry

Rabat, Morocco - UAE and Morocco discussed ways of boosting their cooperation and investment opportunities in industry, economy, investments, culture,...
  • The discussion occurred between Sultan Ahmed Al Jaber, UAE's Minister of Industry and Advanced Technology and Aziz Akhannouch, Prime Minister of Morocco.
  • Al Jaber also held meetings with Riyad Mazour, Moroccan Minister of Industry and Trade, and Leila Benali, Moroccan Minister of Energy Transition and Sustainable Development.

Iran FM holds ‘friendly conversation’ with Saudi counterpart

Tehran, Iran-- Iran's foreign minister said Wednesday he held a "friendly conversation" with his Saudi counterpart in Jordan, despite Tehran's repeated...
  • Jordan hosted Baghdad II conference, bringing together key Middle East and international players -- including rivals Iran and Saudi Arabia -- in a bid to defuse regional tension
  • Iran has accused its "enemies", led by the US, of stoking the protests and officials have also pointed to Saudi role in funding "hostile" Persian-language media abroad

Countries pledge to support Iraq’s ‘stability’ at Jordan summit

Iraq has been caught for years in a delicate balancing act between its two main allies, the United States and...
  • The "Baghdad II" meeting in Jordan, which also included officials from France and the European Union, followed an August 2021 summit in Iraq's capital
  • King Abdullah II emphasized Iraq's pivotal role in maintaining regional stability, while Egyptian President emphasized his country's rejection of all foreign interventions in Iraq

US plans new Israel-Arab meeting, hopes for Netanyahu restraint

WASHINGTON, UNITED STATES - The United States plans a meeting early in 2023 between Israel and Arab nations that recognize it...
  • Benjamin Netanyahu is set to take office with the most right-wing government in Israel's history.
  • A senior US official said the United States plans a meeting "probably in the first quarter" of 2023 of foreign ministers from the Negev summit in March.

Turkey slams Sweden for refusing to extradite reporter

Sweden's Supreme Court cited the risk of Turkey's "persecution based on this person's political beliefs" when it blocked the request...
  • Sweden's Supreme Court cited the risk of Turkey's "persecution based on this person's political beliefs" when it blocked the request on Monday.
  • Turkish President Recep Tayyip Erdogan wants Sweden to return dozens of people that he suspects of involvement in a failed 2016 coup.

UAE pledges full support to Jordan, condemns assault on its security

Abu Dhabi, UAE - The UAE has affirmed full support and solidarity with Jordan, stressing the importance of ensuring stability...
  • The Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed the UAE's support for all measures taken by the Jordanian government.
  • It said UAE condemns these criminal acts and its permanent rejection of all forms of violence and terrorism aimed at undermining security.

Allow Iraq to choose path not dictated by foreign powers: Macron

The "Baghdad II" meeting in Jordan, which alongside regional powers also includes officials from France and the European Union, follows...
  • Iraq has been caught for years in a delicate balancing act between its two main allies, the United States and Iran.
  • It has endured nearly two decades of turmoil since the US-led invasion toppled Saddam Hussein in 2003.

Iran, EU diplomatic heads meet at Jordan summit

SWEIMEH, JORDAN - Iran's Foreign Minister Hossein Amir-Abdollahian met Tuesday with EU foreign policy chief Josep Borrell on the sidelines of...
  • The meeting comes at a time when negotiations in Vienna aimed at reviving the 2015 Iran nuclear deal are stalled.
  • EU foreign policy chief Josep Borrell tweeted that the meeting was "necessary... amidst deteriorating Iran-EU relations".

World Bank cuts China growth forecasts on Covid woes, property crisis

In a statement, the World Bank slashed its forecast to 2.7 percent from 4.3 percent predicted in June. It also...
  • After years of sudden lockdowns, mass testing, long quarantines and travel restrictions, China this month abruptly abandoned its zero-Covid policy
  • Beijing has sought to mitigate low growth with a series of easing measures to provide support, slashing key interest rates and pumping cash into the banking system

Over 12,000 Wi-Fi breaches recorded in UAE since start of year

Abu Dhabi, UAE --  The UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open...

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Iran closed nuclear facilities in wake of Israel attack: IAEA chief

Tehran, Iran Iran temporarily closed its nuclear facilities over "security considerations" in the wake of its massive missile and drone...

Palestinian officials say Israeli settlers kill two in West Bank

The West Bank, which Israel has occupied since 1967, has seen a surge in violence since early last year, particularly...

GCC nations express deep concern over Iran-Israel skirmishes

In light of the military escalation and developments in the Middle East region, the Ministerial Council of the Gulf Cooperation...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Kremlin, the world, urge restraint following Iranian strikes on Israel

The Kremlin on Monday called for a de-escalation in the Middle East after Iran's unprecedented weekend attack on Israel. "We...
  • Israel struck war-battered Gaza overnight
  • Tehran on Monday called on Western nations to "appreciate Iran's restraint" towards Israel

Iran top security body: Response to Israeli aggression based on Article 51 of UN Charter

Iran’s Supreme National Security Council (SNSC) says the Iranian armed forces’ attack on the Israeli regime was carried out based...
  • Iran's SNSC said in its statement that Israel had crossed red lines
  • The Islamic Republic does not plan any further military action for now

Israel urges Iran sanctions as world warns against escalation

Iran's UN envoy, Amir Saeid Iravani, retorted that the Islamic republic was exercising its "inherent right to self-defence" and "had...
  • Iran launched the attack, its first ever to directly target Israeli territory, in retaliation for a deadly air strike widely blamed on Israel on Tehran's consular building in Syria
  • The strikes raised Middle East tensions to a dangerous new level six months into a deadly conflict between Israel and the Palestinian group Hamas in Gaza