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

More deals in sight as UAE-France ties strengthen

The past years witnessed the signing of dozens of agreements and memoranda of understanding between the two countries in various...
  • Relations between the UAE and France date back to establishment of the UAE Federation when some French firms such as 'Total' helped UAE explore oil
  • The past years witnessed dozens of agreements and MoUs between the two countries in various economic, cultural, military and environmental fields

Iran supreme leader pardons, commutes sentences of prisoners

Iran's supreme leader has pardoned or commuted the sentences of more than 2,200 prisoners, including some on death row, to...
  • The supreme leader routinely grants collective pardons on major religious occasions
  • The judiciary's website, Mizan Online, said 43 of the prisoners had been sentenced to death

Iran, Russia, Turkey presidents to talk Syria war in Tehran

With the war in Ukraine still raging, Russian President Vladimir Putin travels Tuesday to Tehran for talks with his Iranian...
  • All three are involved in Syria, with Russia and Iran supporting the Damascus regime against its opponents, and Turkey backing rebels
  • Tuesday's summit comes as Turkish President Recep Tayyip Erdogan has threatened to launch a new offensive in northern Syria against Kurdish militants

Iran has technical capacity to build nuclear weapon: official

Iran has the technical capacity to build a nuclear weapon but has not taken a decision to do so, an...
  • The disclosure comes as efforts to revive a 2015 nuclear deal between Tehran and world powers remain stalled
  • The 2015 nuclear deal offered Iran sanctions relief in exchange for imposing limits on its nuclear program and sought to guarantee Tehran could not develop a nuclear weapon

Saudi Arabia signs Artemis Accords for space exploration

Saudi Arabia announced joining Artemis Accords, affirming its commitment to sustainable space exploration guided by a common set of principles...
  • Saudi Arabia is the 21st country and the fourth Middle Eastern nation to join the Accords
  • Artemis relies on an international coalition to achieve a historic vision for space exploration

UAE announces fund to develop and launch advanced satellites

UAE Space Agency on Sunday announced a new AED3 billion ($816 million) national investment and development fund for the space...
  • The Fund’s first project to be launched to space will be a constellation of advanced remote sensing satellites using radar technologies to provide advanced imaging capabilities.
  • The Fund will encourage partnerships between international and local enterprises, providing them with incentives as a part of the UAE Space Agency’s Space Economic Zones Program.

Iraqi PM calls for joint efforts to tackle issues facing region

Iraqi Prime Minister Mustafa Al-Kadhimi said the Middle East has been affected by climate change, water crisis, dangers of desertification,...
  • The Middle East has been affected by climate change, water crisis, dangers of desertification and COVID-19 pandemic.
  • Iraqi Prime Minister Mustafa Al-Kadhimi has called for joint efforts to confront the issues facing the region

Jeddah Summit enhances ties with US, GCC countries: Saudi minister

Saudi Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih said that the Saudi-US and GCC-US summits, in the presence of...
  • Jeddah Summit strengthens solid relations and strategic partnership between the US and GCC countries
  • Economic relations between the US and the Kingdom are nearly 90 years old, says Saudi minister

EU to discuss imposing harsher sanctions against Russia

The European Union will discuss tightening sanctions against Russia on Monday, as Moscow is accused of using the continent's largest...
  • Brussels is expected to hold initial sanctions discussions Monday as Moscow is accused of using the continent's largest nuclear power plant
  • With the conflict grinding on and increasingly spilling out into global energy and food crises, the EU's foreign ministers are considering banning gold purchases from Russia

Biden’s fraught Middle East tour sees no diplomatic breakthrough

On issues ranging from energy prices to human rights and Israel's role in the region, Biden could point only to...
  • Biden said concrete results on increased oil production would not be seen "for another couple weeks" -- and it was unclear what those might be.
  • Although Saudi Arabia lifted overflight restrictions on Israeli carriers, the kingdom said the move was "not in any way a precursor to any further steps".

Putin stresses Syrian ‘territorial integrity’ in call with Netanyahu after Druze unrest

Russia, a close ally of Syria's former long-time ruler Bashar al-Assad, who reportedly fled to Moscow with his family, still...

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US, Qatar hope for Israel-Palestine truce within days

Netanyahu has faced increasing public pressure over the fate of the remaining hostages. Itamar Ben Gvir, Israel's far-right national security...

US envoy blames Iran, Hizbollah for aiding Houthi attacks

The US special envoy for Yemen, Tim Lenderking, told a Senate subcommittee that Iran was "equipping and facilitating" the Huthi...

Tunisian president emphasizes need to bolster security in Arab societies

Tunis, Tunisia--Tunisian President Kais Saied on Monday stressed the need to reach an approach that contributes to enhancing the security...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Qatar says hopeful for Gaza truce before month of Ramadan

Doha, Qatar - Qatar is "hopeful" of a Gaza war ceasefire and is pushing for an agreement before Ramadan, its foreign...
  • Egyptian, Qatari and US mediators met in Doha for talks also attended by Israeli and Hamas representatives.
  • Qatar has been a key mediator in negotiations involving the Palestinian fighters, Israel, the United States and Egypt.

Israeli troops kill 3 Palestinians in West Bank’s refugee camp

Tubas, Palestinian Territories - Israeli troops killed three Palestinians in an overnight raid in a refugee camp in the occupied West...
  • The Palestinian health ministry in Ramallah said the three men were killed "by Israeli occupation bullets" during clashes in the Faraa refugee camp.
  • One of the three men killed was a fighter, a Palestinian official said, while the other two were civilians "in their homes and were killed by snipers deployed in the camp".

Zelenskyy in Saudi Arabia to discuss war; meets Mohammed bin Salman

RIYADH, SAUDI ARABIA - President of Ukraine Volodymyr Zelenskyy and his accompanying delegation arrived here on Tuesday. The Ukrainian President...
  • At the Royal Terminal in King Khalid International Airport, Zelenskyy was received by the Deputy Governor of Riyadh Region and other senior officials.
  • The 10th Saudi relief plane operated by King Salman Humanitarian Aid and Relief Center (KSrelief) reached a Polish airport, close to the Ukrainian border.