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 gambles there’s more to gain by courting Saudis

Making an about-face by deciding to visit Saudi Arabia, US president Joe Biden is betting there is more to gain...
  • The visit comes as China increasingly looks to Gulf Arab nations, which have mostly rebuffed US efforts to isolate Russia over its invasion of Ukraine
  • Crown Prince had a far chummier relationship with former president Donald Trump, whose son-in-law Jared Kushner was said to chat with the prince over WhatsApp

Venezuela President in Qatar for unannounced visit

Maduro was shown by the official Qatar News Agency being welcomed at Doha's international airport by Sultan bin Saad Al...
  • Maduro was shown by the official Qatar News Agency being welcomed at Doha's international airport by Sultan bin Saad Al Muraikhi, the minister of state for foreign affairs
  • Maduro was in Iran at the weekend and signed a 20-year-cooperation agreement with the Islamic republic

UN envoy appeals to Houthi rebels to open road to Taez

The United Nations special envoy to Yemen called on rebel Houthis on Tuesday to agree to reopen roads into the...
  • Surrounded by mountains, Taez, which has around 600,000 inhabitants, has been almost cut off from the outside world since 2015
  • The truce in effect since April 2 has led to a reduction in fighting and in civilian casualties, as well as the resumption of commercial flights from Sanaa

Facing gas ‘blackmail’ by Russia, EU turns to Israel

The European Union wants to strengthen its energy cooperation with Israel in light of Russia's use of gas supplies to...
  • Moscow's conduct "only strengthens our resolve to break free of our dependence on Russian fossil fuels," she said
  • Israel is estimated to have gas reserves of at least one trillion cubic metres, with domestic use over the next three decades expected to total no more than 300 bn

Algeria president sacks finance minister after 4 months in job

The president "on Tuesday signed a decree ending the functions of Minister of Finance Abderrahmane Raouya," the presidency said in...
  • The president "on Tuesday signed a decree ending the functions of Minister of Finance Abderrahmane Raouya," the presidency said in a statement
  • Raouya's sacking comes less than a month after Tebboune laid off central bank chief Rostom Fadli, in office for less than two years

Biden signals US-Saudi thaw with prince meeting on Mideast trip

US President Joe Biden will meet with Saudi Arabian Crown Prince Mohammed bin Salman next month. The White House ended weeks...
  • Biden is expected to press for increased Saudi oil production, in the hope of taming spiraling fuel costs at home
  • US inflation is at 8.6 percent, the highest rate in 40 years, with high fuel costs largely to blame.

Arab League calls for efforts to counter global economic crisis

The Arab League says the world is facing challenges from political, economic crises and armed conflicts and that unified efforts...
  • Arab League says unified efforts are needed among countries in the region to confront challenges facing the global economy
  • The League says the world is facing a massive challenge from political, economic crises and armed conflicts

Lebanon makes new maritime border offer to US mediator: Official

Lebanon Tuesday made a new offer to a visiting US mediator over a maritime border deal with Israel, holding back...
  • Lebanon held back on demands for territory where Israel plans to imminently extract gas, an official said.
  • Beirut's proposal however included a claim for all of a separate field that it had initially only sought part of.

Biden to visit Middle East from July 13-16; meet Saudi crown prince

US President Joe Biden will make history next month with a direct flight between Israel and Saudi Arabia where he...
  • Biden is likely to secure a boost in Saudi oil production, in an attempt to tame spiralling fuel costs and inflation at home
  • The US president will engage with nearly a dozen leaders during the brief yet intense journey, says a senior official

Sharjah, Costa Rica strengthen economic, cultural relations

Sharjah is building on the long-standing historical ties the emirate shares with Costa Rica to bolster and deepen diplomatic and...
  • The strong relations between Sharjah and Costa Rica are serving as a base for enhancing economic cooperation
  • The two sides can benefit through the mutual exchange of expertise in industries, culture, science, technology and economy

More than 100 NGOs warn ‘mass starvation’ spreading across Gaza

The UN said on Tuesday that Israeli forces had killed more than 1,000 Palestinians trying to get food aid since...

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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...

‘Hitler did it to Jews’: Lula accuses Israel of ‘genocide’ in Gaza

Brazilian President Luiz Inacio Lula da Silva accused Israel of committing "genocide" against Palestinians in the Gaza Strip and compared...

Thousands take part in pro-Palestinian march in London as police arrest 12

London, United Kingdom--Tens of thousands of pro-Palestinian protesters marched in London on Saturday, with police making 12 arrests for alleged offences...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Afghanistan special envoys to meet in Doha

The UN has extended an invitation to the Taliban authorities to participate in the Doha convention, following their exclusion from...
  • The two-day meeting will discuss increasing engagement with Afghanistan and a more coordinated response to the Central Asian nation
  • UN's Working Group on Women, Peace and Security said the meeting IS an opportunity to reaffirm the rights of Afghan women are not negotiable

Prospects for Gaza truce ebb as Israel prepares to storm Rafah

Truce efforts intensified this week as Qatar and fellow mediators Egypt and the US scrambled to secure a ceasefire before...
  • Qatari PM said efforts for a truce were complicated by the insistence it involve releases of hostages
  • More people are still fleeing into Rafah, despite the risk of an imminent invasion

GCC and Sweden look to ramp up cooperation in ‘several areas’

Munich, Germany-- The Gulf Cooperation Council (GCC) and Sweden have discussed ways to ramp up cooperation in several areas, besides...
  • The talks between the two leaders took place on the sidelines of the 60th Munich Security Conference in Munich
  • The two discussed cooperation mechanism between the GCC and Sweden on a bilateral level, and with the EU too