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

EU unveils ‘new strategic partnership’ with GCC

European Union has unveiled a new strategic partnership with the GCC, aiming to deepen the ties with the Gulf countries.
  • European Union High Representative Josep Borrell will present a new EU strategic paper on relations with the Gulf Cooperation Council (GCC) at a formal meeting of EU foreign minist
  • The two sides are expected to launch joint projects in the coming months in a number of areas

UAE president calls for global collaboration at Biden’s climate summit

The UAE president emphasised that the UAE, as an active partner of the global community, is determined to hold a...
  • The UAE president emphasised that the UAE, as an active partner of the global community, is determined to hold a COP28 in 2023
  • He highlighted the UAE’s investment of more than $50 billion in renewable energy projects across 40 countries

‘Delay in govt formation, budget approval to hit Iraq’s economy’

A report issued by the World Bank warns of the delay in forming a government in Iraq and of not...
  • A World Bank report warns of the delay in forming a government in Iraq
  • Report warns of impact of budget's non approval on the country's economy

UAE seeks Iran assurance on ‘peacefulness’ of nuclear programme

The United Arab Emirates urged Iran on Friday to provide reassurances on the peaceful nature of its nuclear programme after...
  • The permanent representative of the UAE to the IAEA, Hamad Al Kaabi called on Iran to "closely cooperate with the IAEA".
  • The UAE has the first nuclear power plant in the Arab world, which lies just across the Gulf from Iran which has a nuclear power plant of its own in Bushehr.

No database on number of Iraqi refugees abroad, says govt

Iraq's Ministry of Migration and Displacement said they do not have a database on the numbers of Iraqi refugees abroad...
  • Iraq's Ministry of Migration and Displacement says they don't have the number of Iraqi refugees abroad
  • The ministry says it is ready for any situation for internally displaced persons as they possess adequate experience

Saudi crown prince to visit Turkey on June 22: Turkish official

Saudi Crown Prince Mohammed bin Salman will visit Turkey on June 22, a Turkish official said on Friday. The details...
  • Turkish President Recep Tayyip Erdogan had already paid a visit to Saudi Arabia in late April, where he met the prince before travelling to Mecca
  • According to the Turkish official, other details related to Saudi crown prince visit will be announced "over the weekend"

Biden visit a shot in the arm for Saudi crown prince

As Saudi Arabia's Crown Prince Mohammed bin Salman prepares to mark five years as de facto leader, he is finally...
  • Following the visits by Emmanuel Macron, Boris Johnson, and Erdogan, the planned meeting with Biden is a major validation of the Crown Prince
  • Perhaps the most significant element of Prince Mohammed's Vision 2030 reform agenda is his bid to remake an economy long dependent on oil

Israel ‘concerned’ over Iran airlines ‘activities’ in LatAm

The Boeing 747 cargo plane, reportedly carrying car parts, has been held at an Argentine airport since Wednesday last week.
  • The Boeing 747 cargo plane, reportedly carrying car parts, has been held at an Argentine airport since Wednesday last week
  • On Monday, Argentine officials raised suspicions of a link between the flight and Iran's Revolutionary Guards, listed as a "terrorist organization" by the US

Egypt, European Union review cooperation on climate and energy challenges

Egypt and the European Union have reviewed and discussed enhanced cooperation on climate, energy and industrial transformation challenges ahead of...
  • A joint statement was issued by EU and Egypt following a meeting between European Commission President Ursula von der Leyen and Egyptian President Abdel Fattah El Sisi.
  • The cooperation will have a particular focus on renewable energy sources, hydrogen, and energy efficiency.

Ministers wrangle through night to salvage WTO deals

Ministers were frantically haggling through the night into Thursday at the World Trade Organization in a bid to salvage deals...
  • The global trade body'S members added on an extra fifth day of talks to try to break the deadlock gripping the WTO headquarters in Geneva
  • Ministers at WTO meeting are also discussing the possibility of imposing a temporary waiver on Covid-19 vaccine patents

Saudi investors’ delegation arrives in Syria, aims to invest billions

Riyadh, Saudi Arabia -- A Saudi delegation of over 100 investors arrived in Damascus on Wednesday ahead of a conference...

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Gaza war effect: Israel’s GDP shrinks by 20% in the last quarter of 2023

Overall, Israel's GDP grew by 2.0 percent in 2023, short of the 2.3 percent projection made by the Bank of...

Norway deal averts Palestinian financial collapse: govt

The portion of the revenues that Israel will transfer to Norway will remain in a Norwegian account until the parties...

Israel sets Ramadan deadline for offensive on Gazan city Rafah

Fearing the potential for mass casualties, foreign governments and aid organizations have repeatedly urged Israel to spare Rafah, the last...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Prospects dim for truce as Israel rejects calls to spare Rafah

Mediator Qatar acknowledged that separate ceasefire talks had also hit an impasse after Israeli Prime Minister Benjamin Netanyahu rejected some...
  • A total of 127 people died in 24 hours, Hamas-run Gaza's health ministry said, as the main battlefront edged closer to far-southern Rafah
  • Israel's top ally the United States signalled it would veto the latest push for a UN Security Council resolution demanding an immediate ceasefire

Israeli forces kill two Palestinians in West Bank raid

Two Palestinian men, including one member of an armed group, were killed in an Israeli raid, in the latest surge...
  • The deaths came with international concern mounting about unrest in the West Bank since Hamas's October 7 attack on Israel.
  • At least five other people were wounded in the Israeli military operation, according to the Palestinian Red Crescent.

West Bank situation an obstacle between Israel-Palestine peace, says EU

EU foreign policy chief Josep Borrell said the situation in the Israel-occupied West Bank posed a major obstacle to finding...
  • Around 490,000 Israelis live in the West Bank, which Israel has occupied since 1967, in dozens of settlements that are deemed illegal under international law.
  • The settlers live alongside around three million Palestinians in the territory.