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

Gulf tourists say Polish mountain town is a cool place

Zakopane, Poland -- Saudi photographer Fahad Alayyash gazed over the Alpine-like panorama of the Tatras, Poland's highest mountain range --...

Business

Iran security chief meets officials in Iraq before Lebanon visit

Ali Larijani, the head of Iran's top security body, met with senior officials in Iraq on Monday, ahead of a...

Geostrategy
Geostrategy

Israel riled as Australia stops recognising Jerusalem as its capital

Lapid described the move as a "hasty response", adding that Israel can only hope that the Australian government manages other...
  • In 2018, a conservative government led by Scott Morrison followed then US president Donald Trump's lead in naming west Jerusalem as the Israeli capital.
  • Jerusalem is claimed by both Israelis and Palestinians, and most foreign governments avoid formally declaring it the capital of any state.
Geostrategy

US warns of sanctions over Iran drone ties after Kyiv strikes

State Department spokesman Vedant Patel told reporters that Russia deepening an alliance with Iran is something the whole world, especially...
  • Secretary of State Antony Blinken said the drone strikes showed the need to provide "everything possible" to Ukraine as its forces gain ground against Russian invaders
  • US officials have previously said that Russia, historically a major arms exporter, is also turning to North Korea while China has rebuffed calls for assistance
Geostrategy

Arab world rallies around Saudi Arabia over oil cut decision

Rallying behind Saudi Arabia, several Arab states have voiced their support for Saudi Arabia in the face of harsh criticism...
  • The UAE said that the OPEC+ decision was vote-based collective
  • Toeing the UAE’s line, Bahrain has expressed solidarity with Saudi Arabia, rejecting statements pushing towards politicizing OPEC+ decision on oil production cuts
Economy

Visa-free travel between UAE, Japan starting Nov 1

Holders of UAE passports can stay in Japan for up to 30 days during each visit for the purpose of...
  • Holders of UAE passports can stay in Japan for up to 30 days during each visit for the purpose of tourism or work
  • The UAE is Japan's tenth largest trading partner in the world and is home to more than 340 Japanese companies operating in various sectors
Geostrategy

Argentina requests arrest in Qatar of senior Iranian official

Iran's vice president for economic affairs, Mohsen Rezai, is wanted by Argentinian special prosecutors for alleged participation in the planning...
  • A diplomatic source told AFP that the foreign ministry had granted the special prosecutor's request after confirming Rezai's presence in the Gulf country
  • Last January, the Argentine government voiced its anger at Rezai's presence during the inauguration of Nicaraguan President Daniel Ortega
Geostrategy

Egypt court cuts sentence of Ismail Alexandrani, security expert

Advocacy groups say there are currently about 60,000 political prisoners in the country, an issue that rights groups hope to...
  • In 2018, Ismail Alexandrani was sentenced to 10 years in prison, accused of publishing military secrets and belonging to the banned Muslim Brotherhood
  • Egypt, the Arab world's most populous country with 104 million residents, draws regular criticism over its rights record
Geostrategy

Australia strikes down recognition of Jerusalem as Israeli capital

Striking down the previous government's decision to recognize West Jerusalem as Israel's capital, Australia has said the city's status should...
  • In 2018 a conservative government led by Scott Morrison followed former US president Donald Trump's lead in naming West Jerusalem as the Israeli capital
  • Palestinians claim the eastern part as the capital of a future Palestinian state
Economy

Morocco arrests 25 more migrants after June border tragedy

The arrests are the latest after courts handed heavy prison sentences to several dozen people, many from Sudan, on charges...
  • On June 24, some 2,000 mostly Sudanese migrants attempted to enter the enclave by force
  • At least 23 people died in the attempt, the worst toll in years of such attempted crossings
Geostrategy

US officials not invited to Saudi investment forum: organiser

The organizer said he did not want the gathering "to become a political platform". The decision not to invite American...
  • The Future Investment Initiative (FII), a three-day conference set to begin on Oct 25 in Riyadh, typically draws Wall Street titans and high-ranking officials from around the world
  • Up to 400 American CEOs are expected to participate this year, said Richard Attias, CEO of the group behind the event. It is often referred to as "Davos in the Desert".
Geostrategy

UAE, Chile ink pact to exchange knowledge on energy sector

UAE's Ministry of Energy and Infrastructure signed a Memorandum of Understanding with its counterpart in Chile to exchange knowledge and...
  • Under the agreement UAE and Chile will exchange information, knowledge and expertise, hold high-level meetings to discuss issues.
  • The two sides will organise relevant academic research and enhance their cooperation in clean and renewable energy.

Gulf tourists say Polish mountain town is a cool place

Zakopane, Poland -- Saudi photographer Fahad Alayyash gazed over the Alpine-like panorama of the Tatras, Poland's highest mountain range --...
Business

Company News

Latest News

US military says struck 3 Houthi underground storage sites in Yemen

The Houthis began attacking ships in the Gulf of Aden and the Red Sea in November, a campaign they say...

UN Security Council vote on new Gaza ceasefire text postponed to Monday

Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and...

UN chief to visit Gaza border as Israel vows to go ahead with Rafah attack

On Saturday, UN chief Guterres plans to meet with aid workers on the Egyptian side of Rafah, just across the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Geostrategy

Iraqi PM to visit Washington for troop talks

Washington, US – President Joe Biden will welcome Iraq's prime minister on April 15 for talks on the US troop presence,...
  • The visit will mark the first trip to Washington by Prime Minister Mohamed Shia al-Sudani, who took office in October 2022.
  • Sudani in the past has called for an exit of US forces, redeployed nearly 10 years ago as part of a campaign to defeat the Islamic State
Geostrategy

EU to tell big tech firms to curb election risks or face fines

BRUSSELS, BELGIUM – The EU will put more pressure on the most popular online platforms, like X and TikTok, to tackle...
  • The European Commission, the EU's executive arm, is expected to adopt new guidelines.
  • They will come under the EU's mammoth content moderation law, the Digital Services Act.
Geostrategy

US, Israel hold talks as Gaza truce plan fails at UN

Israel plans to send troops into Gaza's Rafah even without US support, Prime Minister Benjamin Netanyahu told Antony Blinken, as...
  • US has repeatedly blocked ceasefire resolutions at the UN Security Council but tried to pass a text mentioning an "immediate ceasefire as part of a hostage deal".
  • World leaders including staunch allies of Israel backed the renewed diplomatic push.