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

Europe’s Syria phosphate imports profiting Russian firm: Report

Syrian phosphates used for fertilizer are being exported to Europe in bulk, benefitting a Russian firm and the sanctions-hit Damascus...
  • Italy, Bulgaria, Spain and Poland are among the EU states receiving Syrian phosphates.
  • International sanctions do not ban the import of Syrian phosphates but key Russian and Syrian players involved in the trade are sanctioned by the US or Europe.

‘Effective steps needed to tackle situation due to Ukraine crisis’

Jordan's Minister of Foreign Affairs and Expatriates has called for concrete and effective steps to address the effects of the...
  • Jordan's foreign minister calls for concrete steps to deal with the effects of Ukraine crisis on food security, energy prices and supply chains
  • The minister reviews the Kingdom's relations with NATO and Jordan's role in the 'Mediterranean Dialogue' group since 1995

Relief and concern in Sweden after NATO deal with Turkey

The agreement, which ends Ankara's veto of their membership bids, was signed by Finland, Sweden and Turkey in front of...
  • The agreement, which ends Ankara's veto of their membership bids, was signed by Finland, Sweden and Turkey in front of news cameras
  • Both Stockholm and Helsinki also confirmed they considered the PKK a terrorist organization and agreed they would "not provide support to" its allies in Syria

Expanding NATO squares up to Russia as Putin slams ‘imperial’ alliance

The United States vowed to reinforce Europe's defences in the wake of Russia's invasion of Ukraine, as NATO declared Moscow...
  • Putin accused the alliance of seeking to assert its "supremacy", saying Ukraine and its people are "a means" for NATO to "defend their own interests."
  • NATO leaders have funnelled billions of dollars of arms to Ukraine and faced a renewed appeal from President Zelensky for more long-range artillery

Taliban and US to discuss release of frozen funds after quake

The United States and the Taliban plan talks Thursday in Qatar on unlocking some of Afghanistan's reserves following a devastating...
  • White House said it is working "urgently" on the effort to release Afghan's frozen funds
  • Washington at the time froze $7 billion in reserves and the international community halted billions in direct aid to Afghanistan

Jordan king to attend Sun Valley economic forum in US

The annual forum, which King Abdullah will be attending with Queen Rania Al Abdullah, brings together foreign and US political,...
  • The annual forum, which King Abdullah will be attending with Queen Rania Al Abdullah, brings together foreign and US political, economic, and media leaders
  • King Abdullah will meet with top executives of major US and international companies to highlight Jordan's recently launched Economic Modernization Vision

Metaverse can contribute $4bn to UAE economy

The Dubai Metaverse Strategy anticipates that 42,000 jobs will be virtualized through the metaverse by 2030 while also improving resident...
  • The Dubai Metaverse Strategy, which was recently announced, aims to raise the metaverse sector's contribution to the UAE's economy to $4b by 2030
  • Dubai companies like Emirates, Damac and others are already betting big on this world, and many more are expected to join the pack

Iran-US talks in Qatar fail to make progress on nuclear deal

Indirect talks in Qatar's capital between Iran and the US on reviving a 2015 nuclear deal have concluded with "no...
  • The negotiations in Doha were an attempt to reboot long-running European Union-mediated talks on a return to the 2015 agreement between Tehran and world powers
  • But by Wednesday night, a US State Department spokesperson said the "indirect discussions in Doha have concluded"

Israel’s Bennett won’t run in next election as parliament set to dissolve

Israel's Prime Minister Naftali Bennett said Wednesday he would not stand in upcoming elections, as parliament postponed a vote to...
  • Bennett's motley alliance formed with Lapid in June 2021 offered a reprieve from an unprecedented era of political gridlock
  • Bennett said the final straw was a failure to renew a measure that ensures the roughly 475,000 Jewish settlers in the occupied West Bank live under Israeli law

UAE Minister promotes trade, friendly ties during Florida visit

UAE Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi concluded a two-day visit to Florida which...
  • The UAE minister's trip to Florida builds on recent trips to the UAE by local Florida officials
  • He attended several high level business development and networking events and meetings

Hamas accuses US mediators of reneging on Gaza talks positions

"The negative statements of the US envoy Witkoff run completely counter to the context in which the last negotiations were...

Company News

Latest News

ADGM’s Registration Authority fines two firms for audit failings

ABU DHABI, UAE – The Registration Authority (RA) of Abu Dhabi Global Market has fined Baker Tilly Middle East Limited...

Shipping insurance rates soar on Red Sea missile attacks

Maritime container transport has sunk by almost one third so far in 2024 compared with a year earlier, according to...

Jordan, Oman sign agreements to ramp up investments

Amman, Jordan--Jordan and Oman have signed a raft of agreements to boost direct investment in both the countries. The first...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Houthi missile attack damages British-owned ship off Yemen

Dubai, United Arab Emirates - Yemen's Iran-backed Houthi rebels fired two missiles at a British-owned cargo ship passing through the Gulf...
  • The rebels, who control much of Yemen, have carried out months of attacks on merchant vessels in the Red Sea and the Gulf of Aden
  • The Houthis said they had also "fired a number of ballistic missiles and drones at various targets of the Zionist enemy" in the Israeli Red Sea resort of Eilat

Islamophobia rises threefold in UK after Israel-Hamas conflict

"We are deeply concerned about the impacts that the Israel and Gaza war are having on hate crimes and on...
  • Tell MAMA recorded 2,010 such cases in the four months since Hamas's deadly attack against Israel on October 7 sparked the conflict
  • Some 901 cases occurred offline while 1,109 were online and most of the offline incidents took place in the British capital London

Palestinian gunmen kill 1 Israeli, injure 8 others in occupied West Bank

The shooters were "neutralized", police said, and an AFP photographer later saw two bodies at the scene of the attack...
  • Israel's internal security service Shin Bet identified the gunmen as Mohammed Zawahrah, 26, his brother Kathim Zawahrah, 31, and Ahmed al-Wahsh, also 31
  • The attack near Maale Adumim came after two people were shot dead last Friday at a bus stop in southern Israel near the town of Kiryat Malakhi