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

Bahrain and Japan resolve to boost ties in various fields

The two leaders also agreed to explore opportunities that would aid the advancement of Bahrain and Japan’s strategic partnership in...
  • The crown prince discussed the depth of Bahrain-Japan relations, emphasizing Bahrain’s commitment to strengthening bilateral relations between the two nations
  • The two leaders discussed the latest regional and international economic developments, and issues of common interest

EU sees Nord Stream pipeline leaks as ‘deliberate act’

Any deliberate disruption of European energy infrastructure is utterly unacceptable and will be met with a robust and united response,...
  • European Council President Charles Michel tweeted that Nord Stream sabotage acts appear to be an attempt to further destabilize energy supply to EU
  • Sweden and Poland have already said sabotage was the most likely cause of the leaks from the pipelines in the Baltic Sea

Last three Turkish banks to drop Russia’s Mir bank cards

The decision follows weeks of intensifying pressure from Washington for NATO member Turkey to limit its booming economic relations with...
  • Two private Turkish lenders that began processing Mir after President Erdogan met Russian counterpart Vladimir Putin in August suspended the transactions early this month
  • Mir cards offer millions of Russians that vacation in Turkey each year a way to access their rubles and pay for everything from restaurants to hotels

UAE president, Oman sultan discuss ties, collaboration

Sheikh Mohamed discussed opportunities for building upon the growing economic ties between the UAE and Oman.
  • Sheikh Mohamed discussed opportunities for building upon the growing economic ties between the UAE and Oman
  • Their talks centred around the shared vision for a secure and stable region that promotes sustainable development and supports a thriving economy

UN calls on Iran to refrain from ‘disproportionate force’ against protests

In a bilateral meeting last week during the UN General Assembly, Guterres "stressed to President Raisi the need to respect...
  • We are increasingly concerned about reports of rising fatalities, including women and children, related to the protests, Dujarric said in a statement.
  • Raisi on Saturday labelled the protests "riots" and urged decisive action against the opponents of the security and peace

UAE Foreign Minister makes phone call to Israeli PM

Sheikh Abdullah bin Zayed thanked Prime Minister Lapid for the warm reception during his recent visit at the head of...
  • Sheikh Abdullah bin Zayed thanked Prime Minister Lapid for the warm reception during his recent visit at the head of an official delegation to Israel
  • UAE Foreign Minister commended the statement of Lapid before the UN General Assembly calling for a two-state solution to resolve Israeli-Palestinian conflict

Saudi Arabia’s crown prince named prime minister

Saudi Arabia has for years sought to quell speculation over the health of the 86-year-old king, who has ruled the...
  • The move effectively formalises power already wielded by Prince Mohammed, who has been the kingdom's de facto ruler for several years
  • Prince Mohammed, who turned 37 last month, has been first in line to succeed his father as king since 2017

Iran arrests ex-president Rafsanjani’s daughter: news agency

Hashemi, a former lawmaker and a women's rights activist, has had previous run-ins with the law in the Islamic republic....
  • Iranians on Tuesday staged a 12th straight night of protests over the death of Mahsa Amini, 22
  • The Kurdish woman died in the custody of Iran's notorious morality police, after her arrest for allegedly breaching the country's strict rules

Lebanon’s speaker asks Parliament to name new president

The term of Michel Aoun expires at the end of October. The session will mark the first attempt by lawmakers...
  • But it comes without any consensus on a replacement for Aoun amid a deadlock that has prevented the formation of a new government since outgoing one's man mandate expired May.
  • With no compromise in sight among Lebanon's bitterly divided politicians, it may take several sessions of parliament before a president is finally named.

As Ukraine war grinds on, Saudi influence grows

Saudi Arabia's unexpected role in brokering the release of foreign fighters detained in Ukraine was just the latest example of...
  • The release of the 10 foreign fighters, including two from the United States and five from Britain, came alongside a broader prisoner-of-war swap, brokered by Turkey
  • Expressions of gratitude for Saudi Arabia immediately poured in from Washington, London and beyond, with officials highlighting the personal involvement of Crown Prince

Salah criticizes UEFA for ‘Palestinian Pele’ tribute: ‘Tell us how he died’

Obeid, 41, was killed on Wednesday when Israeli forces "targeted people waiting for humanitarian aid in the southern Gaza Strip", the...

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Israeli army says operation under way in Gaza’s Al-Shifa hospital

Al-Shifa is the Gaza Strip's largest hospital. The Israeli army had in November last year carried out an operation in...

Climate change undermines global security, says NATO chief

Baku, Azerbaijan--NATO Secretary General Jens Stoltenberg on Sunday stressed the need to fight global warming, and called climate change a "crisis...

Putin hails election victory, says would not be ‘intimidated’

If he completes another full Kremlin term, Putin will have stayed in power longer than any Russian leader since Catherine...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

German Chancellor calls for Gaza deal with ‘longer-lasting ceasefire’

JERUSALEM – German Chancellor Olaf Scholz on Sunday called for a deal to free hostages held in war-ravaged Gaza accompanied...
  • In Jerusalem, German Chancellor Olaf Scholz called for a "negotiated two-state solution" to the Israeli-Palestinian conflict.
  • Netanyahu is under intense domestic political pressure to free hostages seized during Hamas's unprecedented October 7 attack

Attack on Gaza’s Rafah inevitable, says Israeli PM

Israeli Prime Minister Benjamin Netanyahu vowed to send ground forces into Gaza's southern Rafah city. The right-wing premier, whose security...
  • Israel has repeatedly threatened to launch a ground offensive against Hamas in Rafah.
  • US has said it cannot support a Rafah operation without a "credible, achievable, executable plan" to shelter civilians.

Passports officers to ease travel for Ramadan at Dammam airport and causeway

DAMMAM, SAUDI ARABIA – With the increase in passenger traffic during Ramadan, the General Directorate of Passports is ramping up...
  • The directorate's officers in Dammam are utilizing modern technology to expedite procedures and ensure smooth and efficient traveler traffic.
  • The directorate's officers at both locations are working tirelessly, welcoming travelers and providing services professionally.