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

Bahrainis vote to elect members to Council of Representatives

People are choosing their candidates for the 40-member Council of Representatives, one of the two chambers of the bicameral parliament.
  • People are choosing their candidates for the 40-member Council of Representatives, one of the two chambers of the bicameral parliament
  • Those living abroad or visiting foreign countries had an advance polling on Tuesday in the 37 voting centers set up in diplomatic missions across the world

Tel Aviv-Doha World Cup flights draws criticism from Qatari activists

While Qatar's Gulf neighbours Bahrain and the United Arab Emirates established relations with Israel through agreements mediated by the United...
  • The protest led by Qatar Youth Against Normalization was small but noticeable in a state where citizens very rarely speak out against authorities
  • Qatar has stated that normalisation with Israel is contingent to the establishment of a Palestinian state

UN, Russia hold talks on grain, fertilizer exports

United Nations chiefs held talks with Russian officials on the Black Sea agreements on exporting grain and fertilizers, eight days...
  • The talks took place behind closed doors at the UN Palais des Nations headquarters in Geneva.
  • No statement has yet been issued following the meeting.

Global food import bill to jump to record $1.9 trillion: FAO

The new forecast would mark "an all-time high", and is due to the depreciating values of currencies against the US...
  • Ukraine and Russia are agricultural superpowers, with more than 30 nations reliant on them for wheat and sunflower oil exports.
  • Sub-Saharan Africa, already hard-hit by malnutrition, is expected to spend $4.8 billion more on food imports, despite a decrease in volumes.

Jordan King Abdullah meets UK king Charles III

King Abdullah said that Jordan looks to further advance relations with the UK, building on the strong ties between the...
  • King Abdullah said that Jordan looks to further advance relations with the UK, building on the strong ties between the two royal families and peoples
  • Discussions covered the importance of bolstering cooperation across all sectors in the mutual interest of the two countries

Saudi Ports register 15% growth in October container activity

Container throughput the Kingdom's ports continued its upward year-on-year movement during October 2022, soaring to 694,517 twenty-foot equivalent unit at...
  • Growth remained the dominant trend across most cargo categories.
  • Optimizing operational efficiency and attracting big-ticket investments have remained a major focus for the Saudi Ports Authority.

Qatar Airways official discards ‘rumors’ as airport expansion begins

After the multi-billion dollar overhaul, Hamad International Airport will take its capacity from 40 million passengers a year to 58...
  • The expansion adds 39 airport gates to the existing 140 at the airport, which is a major hub for transit passengers.
  • Qatar Airways has also eliminated 18 destinations from its schedule to increase flights from key World Cup markets.

Special World Cup flights to carry Israeli and Palestinian fans: FIFA

A deal was brokered between Qatar and Israel, who do not have diplomatic relations, so that flights are "temporarily operated"...
  • More than 10,000 Israeli and Palestinian fans have tickets fan passes. Israel severely restricts access to its main Ben Gurion Airport for residents of the Palestinian territories.
  • FIFA said Palestinian access would be "subject to Israel's security requirements and operational capabilities".

UN, Russia to discuss black sea deal on grain, fertilizer export

GENEVA, SWITZERLAND - UN chiefs are to hold talks with Russian officials in Geneva on Friday on the Black Sea...
  • The 120-day Black Sea Grain Initiative, a UN-led deal agreed with Moscow and Kyiv, runs out on November 19.
  • Ukraine is one of the world's top grain producers and the Russian invasion had blocked 20 million tons of grain

Fossil fuel lobbyists have flooded UN climate talks in Egypt: watchdogs

More than 600 lobbyists from some of the world's biggest polluters have registered to the climate talks in the Egyptian...
  • They said that is more than the number of lobbyists from the 10 most climate-affected countries combined. A total of 503 lobbyists were registered atCOP26 in Glasgow.
  • The groups called on the United Nations to restrict access to the talks for fossil fuel firms, which the UN chief Antonio Guterres has said are "poisoning our planet".

Syrian president says unifying country ‘should not be with blood’

Damascus, Syria -- Syrian President Ahmed al-Sharaa has said the battle to unify his country after years of civil war...

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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...

US pushes back against claims it eased West Bank settler sanctions

Washington, US--The US Treasury Department pushed back on Friday against claims it had eased sanctions against West Bank settlers after...

Israel’s Netanyahu approves new Gaza ceasefire talks

The go-ahead for a new round of talks on a Gaza ceasefire came a day after the world's top court...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Turkey says Erdogan to meet Joe Biden at White House on May 9

Istanbul, Turkey - Turkish President Recep Tayyip Erdogan will meet with US counterpart Joe Biden at the White House on May...
  • The Biden administration in January approved $23 billion in F-16 warplanes for Turkey swiftly after it ratified Sweden's stalled NATO membership bib
  • Some analysts additionally linked Turkey's continued delays to Erdogan's anger at Washington for its support of how Israel is pursuing its war against Hamas

Turkish Airlines restarts Libya flights after almost a decade

Istanbul, Turkey - Turkey's flagship carrier, Turkish Airlines, has resumed flights to Libya's capital, almost 10 years after they were suspended...
  • The airlines's chief executive, Bilal Eksi, attended a ceremony at Mitiga International Airport on Thursday to mark its first flight to Libya since 2015.
  • A company spokesman told AFP on Friday that Turkish Airlines will operate flights to Tripoli three times a week on Tuesdays, Thursdays and Sundays.

US census to include Middle Eastern or North African category

The next US census and federal government forms will include new options for race and ethnicity including a category for...
  • "These updated standards will help create more useful, accurate and up-to-date federal data on race and ethnicity," US Chief Statistician Karin Orvis said.
  • These revisions will enhance the ability to compare data across federal agencies, and to understand how federal programs serve a diverse America.