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

US, Japan and Australia to boost military ties to counter China

Vice President Kamala Harris traveled last week to Japan and South Korea and said the United States would act without...
  • Washington announced an $810 million aid package for Pacific Island nations where the United States plans to intensify its diplomatic presence
  • Beijing considers Taiwan to be part of China and also claims the thin and busy channel of water that separates the two

Arab Parliament reelects Al-Asoumi as speaker for two years

During the session, Jordanian MP Khalil Attia was elected as second deputy speaker of the parliament, Iraqi MP Shaalan Abdul-Jabbar...
  • Al-Asoumi collected 51 votes at a special session attended by 66 members and designed to choose the speaker of the parliament and four deputies
  • It also announced the election of a member of the Saudi Shoura Council, Hazza Bin Bakr Al-Qahtani, as First Deputy Speaker for a period of two years

UAE and China relations a model to follow: Suhail Al Mazrouei

The Energy Minister said the UAE encourages joint investments with China in every sector, most notably in digital economy, green...
  • Al Mazrouei stressed that cooperation with Chinese companies is continuing, as more than 4,000 operate in the Emirati market and employ some 400,000 people
  • The minister said the UAE was among the first countries to join the Belt and Road Initiative and is one of the founding members of the Asian Infrastructure Investment Bank (AIIB)

Violence erupts in Iraq on third anniversary of protests

Waving portraits of the "martyrs" killed in rallies three years ago, hundreds of protestors clashed with security forces in Iraqi...
  • Protesters were heard chanting "the people demand the fall of the regime", as thousands demonstrated in Baghdad's iconic Tahrir Square
  • On Wednesday, three unclaimed rockets were fired at Baghdad's Green Zone, wounding seven security force personnel, as parliament held its first session

Houthi rebels warn Yemen truce at “dead end”

A day before the UN-mediated truce is to expire, Houthi rebels have warned that the ceasefire in Yemen is at...
  • US ambassador to Yemen Steven Fagin said in a tweet on Saturday that he was "concerned about the lack of progress" in talks to extend the truce
  • He appealed to both the groups not to throw away the progress of the last six months and to extend and expand the truce

World Bank declares $530mn aid for Ukraine’s ‘urgent needs’

"The toll of destruction, damage, and dislocation in Ukraine is staggering and continues to grow," Anna Bjerde, the bank's regional...
  • The new funding came on the same day Russian President Putin formally announced the annexation of four Moscow-held areas of Ukraine.
  • The bank said it had already mobilized almost $13 billion in emergency funding for Ukraine, $11 billion of which had already been disbursed.

‘Nord Stream 2 pipeline has stopped leaking gas’

The Nord Stream 2 pipeline is no longer leaking under the Baltic Sea because an equilibrium has been reached between...
  • While the pipelines are not currently in operation, they both still contained gas before they fell victim to apparent sabotage, producing four leaks.
  • All the leaks are in the Baltic Sea off the Danish island of Bornholm.

Russia suspends gas supply to Italy due to transport issues

SOFIA, BULGARIA - Russia's Gazprom has suspended gas deliveries to Italy's Eni, blaming a transport problem in Austria, the Italian...
  • Most of Russian gas delivered to Italy passes via Ukraine through Trans Austria Gas Pipeline (TAG), to Tarvisio in northern Italy
  • Before the war in Ukraine, Italy imported 95 percent of the gas it consumes -- about 45 percent of which came from Russia.

Lebanon receives US ‘offer’ over Israel maritime border

Lebanon said it received a letter from US envoy Amos Hochstein containing an "offer" on a maritime border deal with...
  • PM Najib Mikati met with US ambassador to Lebanon Dorothy Shea "who delivered a written offer from the US mediator"
  • The US-mediated negotiations restarted in early June after Israel moved a production vessel near the Karish offshore field

‘Worry and fear’: Incessant Israeli drones heighten Gaza anxiety

The "sound of drones flying above my family and friends stops the games, the chatting and the laughter", Palestinian poet...
  • Unmanned surveillance aircraft have become an integral part of Israel's 15-year-old blockade of the impoverished enclave
  • Each month, Israel uses drones above Gaza for 4,000 flying hours, the equivalent of deploying five of the unmanned aircraft permanently in the sky

Netanyahu announces plan to allow foreign reporters into Gaza

Israeli Prime Minister Benjamin Netanyahu announced on Sunday a plan to allow more foreign journalists to report inside Gaza with...

Company News

Latest News

Blinken to visit Saudi Arabia, Egypt to discuss Gaza ceasefire: spokesman

Blinken will hold talks with Saudi leaders in Jeddah on Wednesday before travelling to Cairo on Thursday for talks with...

Biden summons Israeli team in bid to avoid Rafah assault

The move is one of the clearest attempts yet by Biden to rein in the key US ally, amid fears...

US destroys Houthi missiles, drones in new Yemen strike

United States Central Command forces operated "in self-defense" when they engaged and destroyed the anti-ship missiles and unmanned aerial vehicles,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Dubai approves rise in energy, water efficiency programs

DUBAI, UAE – Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 81st...
  • The Council reviewed updates of the demand side management strategy for 2030 and 2050.
  • This is part of the efforts to make Dubai a leading example in efficient energy and water demand management.

Shipping service connecting India, South East Asia with Saudi Arabia comes up

RIYADH, SAUDI ARABIA – VASI Shipping Pte Ltd has introduced a new shipping service IMS at King Abdulaziz Port in...
  • This service aims to enhance its strategic partnerships with major international shipping lines, support the maritime sector.
  • This initiative represents a significant step in bolstering the role of King Abdulaziz Port in Dammam in enhancing the maritime transport sector.

Palestinians ‘need the bombs to stop,’ Irish PM says at White House

Varadkar has been one of Europe's most critical leaders over Israel's campaign in Gaza, which began when Hamas launched an...
  • According to Irish PM Leo Varadkar, "the Irish people are deeply troubled about the catastrophe that's unfolding before our eyes in Gaza."
  • US has demanded a "clear and implementable plan" to protect civilians there, while Varadkar on Sunday called on Israel to abandon the planned incursion