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

Biden announces $1 bn in food aid for Middle East: US official

The president will announce today that the United States has committed $1 billion in new near to long-term food security...
  • The president will announce today that the United States has committed $1 billion in new near to long-term food security assistance for the Middle East
  • US President Joe Biden is set to discuss volatile oil prices during a summit with Arab leaders on Saturday in Saudi Arabia

GCC nationals can now visit Bahrain with just ID cards

Bahrain will permit nationals of the Gulf Cooperation Council to enter into the kingdom with just an identity card or...
  • The move follows the decision of GCC countries to resume the procedure of allowing ID cards as a travel document
  • This decision is in line with the facilities provided for GCC nationals in order to ease travel procedures for them and ensure their interests and those of their families

Peacekeepers to leave strategic Red Sea island by year’s end: White House

A multinational peacekeeping force will leave a strategic Red Sea island by the end of the year, the White House...
  • The move appeared to be a precursor to formally transferring control of Tiran and another island, Sanafir, to Riyadh
  • The two islands –- both barren and uninhabited –- have been a source of conflict in the past thanks to their key location at the entrance to the Gulf of Aqaba

Biden vows to defend KSA, halt Iran’s nuclear bid

A joint communiqué, issued after US president's meetings with King Salman and Crown Prince Mohammed bin Salman, outlines the strategic...
  • The two countries reaffirmed their commitment to a stable global energy market, particularly in light of the current crisis in Ukraine and its consequences
  • Regarding the ongoing war in Ukraine, the two sides underscored the need for maintaining a rules-based international order

Saudi Arabia, US sign 18 agreements in key sectors

The agreements -- covering space, investment, energy, communications and health -- aim to strengthen bilateral relations between the two countries.
  • The agreements -- covering space, investment, energy, communications and health -- aim to strengthen bilateral relations between the two countries.
  • The deals include 13 agreements made with the Ministry of Investment, the Royal Commission for Jubail and Yanbu and numerous private sector firms

Algeria-Tunisia border crossings reopen after two years of closure

After two years of closure, nine border crossings between Tunisia and Algeria reopened at midnight on Thursday. The decision to...
  • Authorities expect more than a million Algerian visitors, most of them tourists, to enter Tunisia during the summer months.
  • Algerians typically travel to Tunisia for tourism, visiting the popular seaside resorts of Annaba and Constantine, to visit family or to undertake medical treatment

Biden in Saudi Arabia to revive bilateral ties

Joe Biden -- the first US president to fly directly from Israel to Saudi Arabia -- met Saudi King Salman...
  • Biden’s direct flight is the first by an American president from Israel to Saudi Arabia, the last stop of the president's Middle East tour.
  • Biden met Saudi King Salman before participating in a "working session" headed by Saudi Crown Prince Mohammed bin Salman

Jordan’s minister holds series of meetings with UN officials

Jordan's Minister of Planning and International Cooperation Nasser Shraideh held a series of meetings at the High Level Political Forum...
  • The Jordanian minister met with several senior UN officials and presented the country's 2nd Voluntary National Review
  • The minister briefed the UN officials on social and economic challenges facing the Kingdom

US warns against conflict as Libya appoints new chief for key oil firm

Libya's government replaced the head of the key National Oil Corporation on Thursday in a dramatic move that prompted the...
  • The unity government of Abdulhamid Dbeibah has appointed former central banker Farhat Bengdara to replace NOC head and veteran technocrat Mustafa Sanalla
  • The US embassy, which is following developments "with deep concern", says that the National Oil Corporation is vital to Libya's "stability and prosperity"

Biden to meet Palestinian leaders in Bethlehem

US President Joe Biden will meet Palestinian leader Mahmud Abbas in the occupied West Bank Friday, with talks expected to...
  • With Israeli-Palestinian peace negotiations moribund since 2014, a US official said the delegation will make some significant announcements
  • Biden made clear on Thursday he had no plans to reverse the controversial move to recognize Jerusalem as Israel's capital by his predecessor Donald Trump

Major Israeli rights groups brand Gaza campaign ‘genocide’, a first for Israeli NGOs

Rights groups B'Tselem and Physicians for Human Rights Israel have been frequent critics of Israeli government policies, but the language...

Company News

Latest News

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...

UAE announces US$2,722 penalty for late corporate tax registration

ABU DHABI, UAE – The Ministry of Finance on Tuesday announced the issuance of Cabinet Decision No. 10 of 2024...

France says ‘nothing ruled out’ to thwart Russia in Ukraine

French Prime Minister Gabriel Attal told the RTL broadcaster that there was "no consensus" on any "official" deployment of ground...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

US welcomes Palestinian Authority reform after PM quits

The Palestinian leadership has been divided since 2007, with the Palestinian Authority exercising limited power in the West Bank. Blinken...
  • "We do welcome steps for the PA to reform and revitalize itself," State Department spokesman Matthew Miller told reporters, using the Palestinian Authority's initials
  • State Department spokesman declined to comment directly on the resignation of prime minister Mohammad Shtayyeh, saying it was an internal matter for Palestinians

US targets Houthi vessels, missiles in latest attack

Yemen's Houthis have been targeting shipping for months and their attacks have persisted despite repeated US and British strikes aimed...
  • US forces destroyed surface vessels, anti-ship cruise missiles, and an aerial vehicle
  • Over the weekend, US and British forces carried out strikes against 18 Houthi targets

Gaza ceasefire could start by next Monday: Joe Biden

A deal between Hamas and Israel could include the exchange of dozens of hostages for several hundred Palestinian civilians held...
  • Biden said in New York that "we're close, we're close, we're not done yet"
  • An unnamed Israeli official told news site Ynet the "direction (of the talks) is positive"