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

Trump drops Ukraine ceasefire demand after Putin summit, to pursue full peace accord

Prior to the high-stakes meeting in Alaska, securing an immediate cessation of hostilities had been a core demand of Trump...

Geostrategy

‘Like hell’: Indoor heat overwhelms Saudi Arabia’s cooks, bakers

Riyadh, Saudi Arabia -- Baker Eid Ahmed just can't get away from Saudi Arabia's notorious heat: he makes bread next...

Geostrategy
Geostrategy

UAE’s FNC members discuss cooperation with German Parliament

Members of the UAE-EU Parliamentary Friendship Group of the Federal National Council (FNC), headed by Sarah Mohammed Falkinaz, Chairperson of...
  • The two sides affirmed the importance of strengthening their parliamentary cooperation.
  • They also discussed relations between the UAE and Germany and of enhancing them in science, health, higher education.
Science

COP27 must shift from talk to action says UN climate chief

The upcoming COP27 climate summit in Egypt must mark a leap from the process of hammering out a treaty to...
  • Diplomats from nearly 200 countries are gathering in the Red Sea resort for the November 6-18 conference.
  • The US and the European Union - fearful of creating an open-ended reparations framework - have dragged their feet.
Geostrategy

World food prices hold steady in October, says FAO

World food prices held steady in October, though cereal prices rose over uncertainty of a deal giving safe passage for...
  • FAO said its price index averaged 135.9 points in October, marginally lower from September.
  • Wheat prices were up 3.2 percent, mostly reflecting continued uncertainties related to the Black Sea Grain Initiative, the UN body said.
Geostrategy

Saudi-Finnish business forum discusses enhancing trade ties

HELSINKI, FINLAND - Heading a high-level delegation to Finland, Saudi Arabia's Minister of Commerce and Chairman of the Board of...
  • The Saudi delegation was in Finland to participate in a forum organized by Business Finland in cooperation with the Federation of Saudi Chambers.
  • The forum was attended by around 120 officials from the public and private sectors in the two countries.
Geostrategy

Jordan’s King meets Russian minister, urges stability in southern Syria

AMMAN, JORDAN - Jordan's King Abdullah received Russian Foreign Minister Sergey Lavrov in Amman on Thursday and stressed the importance...
  • King Abdullah stressed on the need to activate efforts to reach a political solution to the crisis in Syria.
  • The King emphasized on safeguarding Syria's unity and territorial integrity.
Geostrategy

Bahrain forum: Pope calls for global unity, al-Tayeb for Sunni-Shia amity

The pope said that "a few potentates are caught up in a resolute struggle for partisan interests, reviving obsolete rhetoric,...
  • Al-Azhar mosque's grand Imam Sheikh Ahmed Al-Tayeb called for dialogue between Islam's two main branches to settle sectarian differences.
  • He said the senior scholars at Al-Azhar and the Muslim Council of Elders are ready to host a meeting "so we can sit down together on one roundtable to put aside our differences".
Geostrategy

NATO chief says ‘time to welcome’ Finland, Sweden into alliance

Sweden and Finland dropped decades of military non-alignment and scrambled to become NATO members in May after Russia invaded Ukraine....
  • NATO chief Stoltenberg said it was time to welcome the two Nordic countries as full members of NATO
  • Except Turkey and Hungary, all the 30 NATO member states have ratified the accession of the two countries
Geostrategy

Blinken thanks outgoing Israel PM, warns on West Bank violence

Blinken voiced "his deep concern over the situation in the West Bank, including heightened tensions, violence and loss of both...
  • The occupied West Bank is witnessing its deadliest period in years, as Israel prepares to form perhaps its most right-wing government in history under Benjamin Netanyahu
  • Yair Lapid put a priority on smooth relations with the United States, warning that Netanyahu had alienated Israel's allies in US President Joe Biden's Democratic Party

Iraq landslide disaster throws spotlight on informal shrines

Hundreds of smaller shrines opened up in Iraq -- many outside the purview of the religious authorities, which are often...
  • Iraq's Waqf, the body in charge of managing Shiite mosques, tombs and other places of worship, reports that only 135 out of Iraq's 664 known sanctuaries are formally registered
  • Most such sites are dedicated to relatives or descendants of Imam Ali, the son-in-law of the Prophet Mohammed and the founder of the Shiite strand of Islam
Geostrategy

UAE-China trade $64 bn in first eight months of 2022: Ambassador

Dubai, UAE---China-UAE bilateral trade has exceeded US$64 billion during the first eight months of 2022, which marked a 27.93 percent...
  • China has become the UAE’s largest non-oil trading partner in the world, said Zhang Yiming, Ambassador Extraordinary and Plenipotentiary.
  • UAE remained China’s second-largest trading partner and the largest export market in the Arab region, he said.

Trump drops Ukraine ceasefire demand after Putin summit, to pursue full peace accord

Prior to the high-stakes meeting in Alaska, securing an immediate cessation of hostilities had been a core demand of Trump...
Geostrategy

Company News

Latest News

Israel backtracks on canceled Rafah talks: US official

Israel's prime minister cancelled the visit after the US abstained on the UNSC vote, allowing it to pass. But Israel backtracked,...
Geostrategy

Israeli troops shoot dead three Palestinians in West Bank

Residents told AFP that Israeli forces entered Jenin and its adjacent refugee camp just after midnight (2200 GMT on Tuesday)...
Geostrategy

UN expert faces threats after Israel Gaza ‘genocide’ remarks

Francesca Albanese, the UN special rapporteur on the rights situation in the Palestinian territories, said this week there were reasonable...
Geostrategy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Arts & Culture

Clowns try to put smiles back on faces of Gaza children

Palestinian Territories - The children of Gaza have little to eat, have had to flee their homes and have survived...
  • Clowns and acrobats performed for children in the Nuseirat refugee camp's school where their displaced families have been sheltering the bombing.
  • Wassim Lobed, whose support group organized the show, said they are trying to provide psychological relief to trauma-hit children.
Business

Hyundai to invest $50bn in South Korea

The automaker will make a bigger push to produce EVs.
  • With the $50.5bn investment announced, Hyundai said it wants to "secure future growth engines in an uncertain business environment through constant change and innovation"
  • Under the plan, Hyundai will create 80,000 jobs in South Korea and build three new EV factories, with the aim of increasing annual EV production to 1.51 million units by 2030

UN Palestinian agency chief says funding secured until end of May

Gaza has endured almost six months of war and a siege that has cut off most food, water, fuel and...
  • UNRWA is in crisis since Israel accused that a dozen of its employees were involved in October 7 Hamas attack
  • UNRWA chief warned last month that the funding crunch was so great the organization might not be able to operate beyond March