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

It’s time to create and support Climate Solidarity Pact

Proposing the creation of a Climate Solidarity Pact, bringing together developed and emerging economies to combine resources and capacities to...
  • G20 can play an important role in resolving global crises, says UN Secretary-General António Guterres ahead of the event in Bali, Indonesia
  • Guterres urges the bloc to support his initiatives to address climate change, sustainable development, the worldwide food and energy crises, and digital transformation

UAE won’t choose sides between global powers, says Anwar Gargash

The UAE is a key player in the 13-nation OPEC oil cartel which, with its 10 allies headed by Russia,...
  • The comments by Anwar Gargash, a senior advisor to the UAE's president, come as Washington is at odds with Russia.
  • The UAE, is not "dependent on just one or two countries for both our economic prosperity and our security", said Gargash.

UAE urges global efforts for trade at B20 Summit in Indonesia

BALI, INDONESIA - Speaking at the B20 Summit in Bali, Indonesia, Minister of State for Foreign Trade Dr. Thani bin...
  • The UAE is working to help the global economy overcome current and future challenges.
  • The economy of the future will be based on knowledge and innovation.

UN chief hopeful Russia will extend grain deal

United Nations Secretary-General Antonio Guterres hoped Russia would extend the deal that gives safe passage to Ukrainian grain shipments. The...
  • Russia has said it had yet to decide whether to extend the grain deal beyond November 19, the original date in the agreement.
  • Both Ukraine and Russia are one of the world's top grain producers.

UNHRC to host emergency session on Iran protests

The UN Human Rights Council said it would hold an urgent session on Iran, with backers pushing for a global...
  • The United Nations' highest rights body said a special session on "the deteriorating human rights situation" in Iran would be held on November 24.
  • The support of 16 of the Human Rights Council's 47 members, more than a third, is required to convene a special session outside the three regular ones

UN probes allegations of Egypt ‘surveillance’ at COP27

SHARM EL SHEIKH, EGYPT - United Nations officers running security at the COP27 climate summit in Egypt said Monday they...
  • Participants at COP27 - including activists, rights defenders, and civil society groups - have raised cases of "surveillance" during the summit.
  • A German diplomatic source said a complaint was lodged with Egypt as the delegation "felt we were being watched."

UAE, Indonesian Presidents to enhance bilateral relations

SOLO, INDONESIA - President Sheikh Mohamed bin Zayed Al Nahyan and President Joko Widodo of Indonesia held talks aimed at...
  • The meeting came as part of the UAE President's working visit to Indonesia to participate in the G20 Leaders' Summit.
  • The two Presidents exchanged views on several regional and international issues of common concern.

China expects improvement in relations with US after Xi-Biden meet

Beijing, China— China said on Monday it hopes a meeting between President Xi Jinping and his American counterpart Joe Biden ahead...
  • Xi arrived in Bali on Monday afternoon on only his second overseas trip since the pandemic, after a visit to Kazakhstan and Uzbekistan in September
  • Biden earlier said he was hoping to set "guardrails" for relations between the world's two largest economies as they vie for international primacy

Day after Istanbul explosion, Erdogan arrives at Indonesia G20

Turkish President Recep Tayyip Erdogan said before he departed Turkey that the "vile attack" that killed at least six people...
  • The explosion tore through a busy Istanbul shopping street on Sunday, killing six and wounding dozens
  • Turkey's interior minister has blamed the Kurdistan Workers' Party (PKK) for the explosion

Lawyer of Egypt’s jailed activist denied access for second time

Cairo, Egypt— The lawyer for Egypt's jailed hunger-striker Alaa Abdel Fattah said Sunday he had been denied access to his client...
  • Alaa Abdel Fattah's family says they fear for his life, and have made appeals to the international community, particularly Britain, where Abdel Fattah gained citizenship this year
  • A few world leaders have raised his case with Egyptian President Abdel Fattah al-Sisi in bilateral meetings during the climate talks

Iranians struggle with GPS disruption after Israel war

Tehran, Iran - The streets of Tehran have become a confusing maze for driver Farshad Fooladi amid widespread GPS disruption,...

Company News

Latest News

Deadly chaos at Gaza aid distribution as WHO renews hospital warning

UN agencies have warned repeatedly that northern Gaza is on the verge of famine and called it a man-made crisis...

Sticky-fingered journalists on Air Force One put on notice

Media outlets pay for the journalists to fly on the government plane with US president, along with the meals and...

WHO says 9,000 patients need emergency evacuation from Gaza

"Around 9,000 patients urgently need to be evacuated abroad for lifesaving health services, including treatment for cancer, injuries from bombardments,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Death toll in Israeli strikes on Syria climbs to 52, says monitor

Beirut, Lebanon - The death toll in Israeli air strikes on Syria has risen to 52, including 38 government soldiers and...
  • They targeted "a rocket depot belonging to Lebanon's Hizbollah" near the Aleppo airport in northern Syria, the war monitor said.
  • Israeli strikes on targets in Syria have increased since Israel's war against the Hizbollah-allied Hamas group in the Gaza Strip broke out on October 7.

Polish PM Tusk warns Europe has entered ‘pre-war era’

Russia's invasion of Ukraine more than two years ago upended European leaders' sense of unshakeable post-war peace, prompting many countries...
  • War is no longer a concept from the past, It is real, and it started over two years ago, Tusk said in an interview with the European media
  • It sounds devastating we have to get used to the fact that a new pre-war era has begun, Polish Prime Minister Donald Tusk said

IMF approves US$820m as part of Egypt bailout

The IMF action, repeatedly postponed and eagerly awaited by the Egyptian government, arrives at a time of mounting difficulties for...
  • The IMF validated the payment as part of a $3 billion aid program granted at the end of 2022
  • The board also approved a $5 billion extension announced at the beginning of the month