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

Yemen’s warring parties renew truce under earlier terms: UN

Aid agencies and Western governments had urged the Yemeni government and Houthi rebels to extend the truce, which went into...
  • On Wednesday, a Yemeni aircraft left Sanaa for Cairo on the first commercial flight between the two cities since 2016, the seventh such flight under the truce.
  • Houthis have called on the government to pay the salaries of public sector employees working in areas under their control.

UAE, Kyrgyzstan deepening economic cooperation: Al Marri

Al Marri said that the non-oil trade exchange between the two countries was valued at over US$828 million in 2021.
  • Al Marri said that the non-oil trade exchange between the two countries was valued at over US$828 million in 2021
  • The UAE accounts for 98 percent of Kyrgyzstan’s total trade with the Gulf Cooperation Council

Russian foreign minister hails OPEC+ agreements on Saudi visit

European Union leaders agreed on Monday to ban more than two-thirds of Russian oil imports as part of the sixth...
  • Moscow's OPEC+ removal would mean an early end to the pact and allow major crude nations such as Saudi Arabia to open the taps.
  • Saudi Arabia, the world's largest oil exporter, is currently benefiting from high oil prices that soared after Moscow invaded Ukraine and the West slapped Moscow with sanctions.

Restrictions on single-use plastics begin in Abu Dhabi

Restrictions on single-use plastic bags took effect in the United Arab Emirates capital Abu Dhabi Wednesday, as part of its...
  • There are exemptions for medicine bags, bag rolls for produce in supermarkets, rubbish sacks and large brand name shopping bags.
  • Dubai, one of the seven other emirates that make up the UAE, has also announced it is ending the free provision of single-use plastic bags.

Saudi Arabia, Jordan discuss ways to enhance maritime transport relations

A joint panel of the two countries discuss the mechanism to develop and modernize previous agreements related to maritime transport.
  • The two countries review the latest developments in the maritime transport sector and ports
  • The Saudi-Jordanian Technical Committee for Maritime Transport is holding its third session in Aqaba

Russia warns of conflict with US over arms deliveries to Ukraine

The planned delivery of new US weapons to Ukraine, including advanced missile systems, increases the risk of drawing the United...
  • Both Ukraine and Russia already operate multiple-launch rockets systems, but the Himars has superior range and precision
  • According to Ryabkov, the US is determined to "wage war (on Moscow) to the last Ukrainian in order to inflict, as they say, a strategic defeat on Russia"

US to send advanced rocket systems to Ukraine: Biden

President Joe Biden has said the United States will send more advanced rocket systems to Ukraine, as Russian troops press...
  • The battle for Severodonetsk has grown in intensity in recent days, with heavy casualties on both the Ukrainian and Russian sides
  • The US is attempting to help Kyiv's war effort while not being seen as a direct belligerent

Palestinian woman with knife killed after approaching Israel soldier

Israeli troops shot dead a Palestinian woman after she approached a soldier with a knife in the southern West Bank,...
  • The Palestinian health ministry said the woman died from a bullet to her torso, identifying her as Ghofran Warasnah
  • Israeli security forces have responded with raids inside Israel and the West Bank, particularly in the flashpoint northern district of Jenin

In Bahrain, Russia’s Lavrov wants Ukraine, West to resolve food crisis

Russian Foreign Minister Sergei Lavrov said Tuesday it was up to the West and Kyiv to resolve a growing global...
  • Western countries "created a lot of artificial problems by closing their ports to Russian ships, disrupting logistics and financial chains," Lavrov told reporters
  • Lavrov also called on Ukraine to de-mine its territorial waters to allow the safe passage of ships through the Black and Azov seas

US warns Yemen truce talks in ‘trouble’ as it pushes for extension

The United States warned Tuesday that talks on Yemen's two-month truce were in "trouble" as it pushed for an extension...
  • Yemen's Saudi-backed government and Iran-aligned Houthi rebels on April 2 entered a UN-brokered truce, the first since the brutal war broke out in 2016
  • Secretary of State Antony Blinken also raised "efforts to strengthen and extend the truce in Yemen" during talks Monday with his Saudi counterpart

UNRWA says some Gaza staff starving as malnutrition soars

UNRWA said that shortages in the Palestinian territory had caused food prices to increase by 40 times, while the aid...

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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...

Saudi Arabia’s Madinah, KAEC, Al-Ahsa join UNESCO global network of learning cities

RIYADH, SAUDI ARABIA - The United Nations Educational, Scientific and Cultural Organization has announced that the cities of Madinah, King...

Six crew members missing after cargo ship sinks in Marmara sea

The transport ministry said an empty life boat was found during the search. "The rescue operation continues to find six...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Putin says prefers more ‘predictable’ Biden over Trump

Asked by a journalist who Russia would like to see win in the likely contest between the Democratic incumbent and...
  • Putin batted away questions about Biden's age and health, with the president set to turn 82 just weeks after the election
  • Trump reacted to Putin's comments at a rally in South Carolina on Wednesday evening, praising them as "a great compliment."

Two children among four Lebanese killed in Israeli strikes

"A woman was killed along with her child and her stepchild in a strike that targeted Sawwaneh," while a fourth...
  • The Israeli military said Wednesday its fighter jets "began a series of strikes in Lebanon", raising fears of a war between the two countries after months of cross-border violence.
  • The strikes came hours after unclaimed rocket fire from Lebanon wounded seven people in northern Israel, five of them in the town of Safed, medics said.

Erdogan’s Egypt visit aimed at rapprochement with al-Sisi

Turkey and Egypt cut ties in 2013 after Sisi, then Egypt's defense minister, ousted Islamist president Mohamed Morsi, an ally...
  • Erdogan will discuss with Egyptian president "every effort" to stop the "bloodshed" in Gaza
  • He has emerged as one of the Muslim world's harshest critics of Israel's war against Gaza