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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

UN terms detention of Moroccan journalist “arbitrary”

The UN experts said publishing the column was a matter of freedom of expression, and concluded that he had been...
  • Raissouni was jailed on appeal for five years in February, one of several journalists critical of Morocco's government to have been imprisoned for sex crimes
  • He was arrested two days after publishing an editorial criticizing the authorities for taking over-zealous measures during the coronavirus pandemic

UN urges transformation of global energy system

Climate change risks undermining global energy security unless the use of renewables is dramatically scaled up, the UN warned Tuesday,...
  • Energy sector is a major source of the carbon emissions that drive climate change, the UN's World Meteorological Organization said.
  • WMO said that increasingly extreme weather events, droughts, floods and sea-level rise - all linked to climate change - were already making energy supply less reliable.

Lebanon asks TotalEnergies to launch gas search ‘immediately’

Lebanon's search for gas riches in the hydrocarbon-rich eastern Mediterranean had stalled since 2020 over competing claims with Israel over...
  • TotalEnergies is part of a consortium of energy giants awarded a license to explore for gas in two of Lebanon's 10 blocks, numbers 4 and 9.
  • One well drilled in Block 4 in 2020 by TotalEnergies, Eni and Novatek showed only traces but no commercially viable gas deposits.

US climate spending could spark tariff war, says Scholz

German Chancellor Olaf Scholz criticized US climate protection plans that would shield domestic companies from foreign competition, saying they could...
  • European Union officials have in recent weeks spoken out against planned US tax credits for the domestic electric vehicle market.
  • South Korea has also voiced its displeasure, calling the new rules favoring American e-cars a "betrayal".

Turkey says Erdogan to meet Putin in Astana on Wednesday

Erdogan still hopes to bring Putin and Ukrainian President Volodymyr Zelensky together for truce talks that neither side particularly wants...
  • Erdogan has not yet commented on the mass Russian strikes across Ukraine on Monday, which killed at least 19 people and wounded more than 100
  • Turkish ForeigN Minister held a phone call with Ukrainian counterpart Dmytro Kuleba after the attacks, a Turkish diplomatic source said, without elaborating further

Oxfam says world failing to address ‘dangerous’ inequality

The UN and Oxfam have previously decried the unequal distribution of vaccines from richer Western countries to lower-income ones, particularly...
  • Oxfam also found that two-thirds of countries failed to increase their minimum wage in line with gross domestic product
  • It delivered a withering criticism of most nations, arguing that the pandemic should have been a "wake-up call" to act on poverty in general

UAE, Serbian presidents discuss bilateral relations

They also discussed opportunities to extend their cooperation within the framework of their comprehensive strategic partnership.
  • They also discussed opportunities to extend their cooperation within the framework of their comprehensive strategic partnership
  • They also reviewed various aspects of economic, commercial and political cooperation

Qatar denounce ‘smear campaigns’ against its human rights record

European newspapers and rights groups have put a spotlight on Qatar's record in the runup to the tournament that starts...
  • An editorial in the paper on Sunday hit out at the "lies, rumors and slander" written in Europe about Qatar's World Cup preparations.
  • Editorials and cartoons in recent days have lambasted "smear campaigns" about Qatar's treatment of migrant workers and women.

Saudi Arabian delegation visits Oman, to enhance bilateral ties

A Saudi Arabian delegation led by Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha is on a...
  • A Saudi Arabian delegation led by Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha is on a visit to Oman.
  • The Saudi delegation met with Oman's Minister of Transport, Communications and Information Technology Saeed Al-Mawali and Minister of Economy Saeed As-Saqri.

Algeria, France hail ‘new dynamic’ in economic ties

The Algerian and French prime ministers hailed a "new dynamic" as they launched a joint economic forum during a visit...
  • Borne and her delegation are the latest in a string of top European officials to visit Algeria.
  • The two-day business forum was organized by the Algerian Chamber of Commerce and Industry and Business France, a government agency.

The Elders group of global leaders terms Gaza situation ‘unfolding genocide’

The London-based group also called for the "recognition of the State of Palestine", but added "this will not halt the...

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Death toll in Israeli attack on West Bank refugee camp rises to 4

"Palestine Red Crescent ambulance teams have just transported an 18-year-old young man who was killed by the Israeli occupation forces...

Russia not in danger of trading oil at a loss, says Lavrov

MOSCOW, RUSSIA – Russia does not see the risk of trading oil at a loss due to the redistribution of...

UN General Assembly to address AI’s potential risks, rewards

The resolution focuses more on the technology's positive potential, and calls for special care "to bridge the artificial intelligence and...
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Qatar and Turkey to reunite wounded Gazans with their relatives in Doha

Doha, Qatar - Qatar and Turkey announced partnership in reuniting wounded Palestinians from the Gaza Strip with their relatives in...
  • The Ministry of Foreign Affairs said that a number of the wounded are receiving treatment in Turkey, while their relatives were undergoing treatment in Qatar.
  • The reunification will enable the patients to continue their treatment together in Doha, as part of the initiative of Qatar's Amir Sheikh Tamim Al-Thani.

Gaza ceasefire, post-conflict planning on Blinken’s Saudi visit agenda

Blinken is due to travel on to Egypt, which neighbors Gaza and whose envoys have been involved in previous mediation...
  • He will discuss "a political path for the Palestinian people with security assurances with Israel, and an architecture for lasting peace and security in the region", Miller added.
  • Nearly six months into the war, Israel's key backer the United States has repeatedly called on its ally to allow more humanitarian aid into besieged Gaza.

Afghanistan blames ‘politics’ as Australia cancels T20 tour in UAE

The Afghanistan Cricket Board urged the Australian government "not to impose its policies on cricket boards" and "focus on supporting...
  • Cricket Australia said it had received advice "that conditions for women and girls in Afghanistan are getting worse" and postponed the three-match series scheduled in August
  • The decision, announced Tuesday, was third time since 2021, when the Taliban returned to power, that Australia have refused to play Afghanistan outside of international tournaments