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

Saudi Arabia aims to triple foreign tourism in 2022: Minister

Saudi Arabia aims to triple foreign tourism this year as pandemic restrictions ease, hajj pilgrims return and the first elements...
  • The kingdom inaugurated tourist visas in September 2019, just months before the coronavirus pandemic decimated the industry globally.
  • An uptick in domestic travel in 2020 and 2021 –- authorities tallied a record 64 million "domestic visits" last year –- helped save the nascent Saudi tourism sector from collapse.

What Gulf netizens searched for in 2021?

Google's yearly report of top trending searches reveals the most popular keywords and topics across different categories, such as 'How...
  • In 2021, the three top 'How to' searches were "How to help Afghan refugees", "How to help Texas" and "How to help India COVID".
  • “TikTok pasta”, “Bacon jam” and “Birria tacos” were the three most searched recipes in 2021. 

Bosphorus sea trade remains undaunted by Ukraine war

At the gates of the Black Sea, trade is in full swing as freighters and oil tankers sail from the...
  • After an embargo on Russian imports, tankers with Greek or Maltese flags sail through Bosphorus up to the Black Sea to the Russian ports
  • Russian Foreign Minister will visit Turkey to discuss establishment of "sea corridors"

US President delays trip to Saudi Arabia, Israel

US President Joe Biden has pushed back a possible trip to Israel and Saudi Arabia, US media reported Saturday. The...
  • Biden reportedly planned to go ahead with the long-rumored Saudi stop during an upcoming overseas tour at the end of June
  • He is also widely expected to travel to Israel where, as in Saudi Arabia, he is sure to face pointed questions about slow-moving US diplomacy with the two countries' rival, Iran

Iran seized Greek oil tankers in retaliation: Supreme leader

Iran's supreme leader on Saturday said that the country's seizure of two Greek oil tankers late last month was in...
  • The Revolutionary Guards of Iran boarded and took control of the two vessels in the Gulf on May 27
  • The oil seizure came two days after Greece confirmed it would send 115,000 tons of Iranian oil to US

Kuwait wants Schengen visa exemption for its citizens

Speaker of Kuwaiti National Assembly Marzouq Al-Ghanim expressed optimism that the exemption request would be granted.
  • Speaker of Kuwaiti National Assembly Marzouq Al-Ghanim expressed optimism that the exemption request would be granted
  • Al-Ghanim said the Kuwaiti delegation responded to many questions on issues like human rights and women empowerment

US president confirms ‘possibility’ of Saudi Arabia trip

US President Joe Biden confirmed Friday he was considering a trip to Saudi Arabia. The New York Times and other...
  • The reported decision came shortly after Saudi Arabia addressed two of Biden's priorities by agreeing to a production hike in oil
  • The trip would reportedly happen around the time Biden travels to a NATO summit in Spain and Group of Seven summit in Germany later this month

Fed up with war, Afghan men turn to virtual violence

The crackle of gunfire. A gasp of a stranger. Explosions rumbling in the distance. In the Afghan capital of Kabul, such...
  • Afghanistan has been wracked by four decades of very real conflict, now largely subsided since the withdrawal of US-led troops and the return of the Taliban last year
  • In the capital, a few arcades and bowling alleys remain open and some sports are still being played

Ukrainian envoy to Turkey accuses Russia of stealing grain

Ankara has also offered to help secure maritime corridors for the export of Ukrainian grain therefore Russian Foreign Minister Sergei...
  • Ukraine's envoy to Ankara accused Russia of "stealing" grain and exporting abroad and said "we asked Turkey to resolve the issue"
  • Ankara has maintained a delicate balancing act with Kyiv and Moscow, acted as mediator in the conflict

Syria constitution talks make little headway: UN mediator

The talks discussed constitutional principles, including preserving and strengthening state institutions, the supremacy of the constitution and the hierarchy of...
  • According to the Norwegian diplomat, this week's eighth round of talks aimed at rewriting the war-torn country's constitution had made scant progress
  • The co-chairs of Syrian Constitutional Committee agreed to hold a ninth session of talks in Geneva from July 25 to 29

Russia publishes rare footage of largest drone factory

Moscow, Russia -- Russia has showcased what it calls the biggest drone factory in the world, broadcasting rare footage from...

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In Egypt, Brazil’s president denounces Israel’s Gaza war

Speaking before an Arab League meeting in Cairo, President Luiz Inacio Lula da Silva, on his second trip to Egypt...

Israel PM spurns global recognition of a Palestinian state

In a post in Hebrew on social media platform X, Israel's Prime Minister Benjamin Netanyahu said that the Jewish country...

Record number of West Bank outposts set up in 2023, says Israel NGO

Jerusalem - Israeli settlers established a record number of wildcat outposts in the occupied West Bank in 2023, a watchdog...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Hizbollah commander among 10 dead in Israeli strike on Lebanon

BEIRUT, LEBANON -  A Hizbollah commander, two other fighters and seven civilians were killed in an Israeli strike in south Lebanon,...
  • The same Hizbollah commander had previously been targeted and wounded in an Israeli strike in the southern Lebanon town of Nabatiyeh a week earlier.
  • Ali al-Debs and the other two fighters were killed Wednesday night by an IDF aircraft on a Hizbollah military structure in Nabat, the Israeli military said.

Tunisia gets new central bank chief amid economic crisis

TUNIS, TUNISIA -  President Kais Saied on Thursday appointed a new governor of the central bank of Tunisia, a north African...
  • Fethi Zouhair Nouri, a 69-year-old member of the central bank's board, will succeed 64-year-old Marouane Abassi.
  • Tunisia has grappled with a growing economic crisis following the COVID-19 pandemic, political tensions.

99 journalists killed in 2023, 72 in Israel-Hamas war alone

"The immense loss suffered by Palestinian journalists in this war will have long-term impacts for journalism not just in the...
  • The 72 journalists killed in the Israel-Hamas conflict also include three Lebanese and two Israeli victims, the organization said
  • Killings of reporters would have dropped globally year-on-year had it not been for the deaths in Gaza, Israel and Lebanon, the CPJ said