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

Sheikh Mohamed is new UAE President

The UAE's Federal Supreme Council today unanimously elected His Highness Sheikh Mohamed bin Zayed Al Nahyan as President of the...
  • The UAE's Federal Supreme Council has unanimously elected Sheikh Mohamed as the country's president
  • Sheikh Mohammed has succeeded the late Sheikh Khalifa bin Zayed Al Nahyan

Jordan king meets Biden, thanks US for ongoing support

King Abdullah expressed appreciation for the US’ ongoing support for Jordan across all sectors, to enable the kingdom to pursue...
  • King Abdullah expressed appreciation for the US’ ongoing support for Jordan across all sectors, to enable the kingdom to pursue economic development and regional stability
  • President Biden expressed full support for Jordan and commended the Kingdom as a critical ally and a force for stability in the Middle East

US tells ASEAN leaders committed ‘for generations’

President Joe Biden on Friday promised a long-term commitment to Southeast Asia in the face of China's growing clout as...
  • A region that "is free and open, stable and prosperous, and resilient and secure is what we're all seeking," Biden told ASEAN leaders
  • Indonesia, the host of 20 summit has invited Russian and Ukraine's president despite US calls to shun Putin

Tributes pour in after passing of Sheikh Khalifa

Tributes continue to pour in from around the world after the UAE announced the death of its president, Sheikh Khalifa...
  • US President Joe Biden said Sheikh Khalifa was 'a true partner and friend of the United States'
  • 'The EU honours his legacy & leadership under which the UAE became frontrunner of sustainable development & economic diversification'

US ‘working to clarify Turkey’s position’ on NATO enlargement

Washington is "working to clarify Turkey's position" after President Recep Tayyip Erdogan expressed opposition to Finland and Sweden joining NATO,...
  • Pentagon spokesman John Kirby likewise said the United States is working to "better understand" Ankara's stance
  • Erdogan told journalists on Friday that "we do not have a positive opinion" about the two countries joining the alliance

EU hikes military aid for Ukraine as NATO expansion faces roadblocks

Europe pledged another half billion dollars in military support for Kyiv on Friday as Sweden and Finland's moves toward joining...
  • Fighting between Russian and Ukrainian troops continued along the long front in the Donbas
  • US Secretary of Defense Lloyd Austin and Russian Defense Minister Sergei Shoigu meanwhile spoke directly

Sheikh Khalifa, who helped UAE boom despite crises

The country will observe a 40-day state mourning with the flag flown at half-mast starting today, the ministry announced, adding...
  • The leader ushered in the UAE's first-ever elections in December 2006, when electoral colleges chose half of the 40 members of an advisory Federal National Council.
  • And in a historic first, the Gulf country in 2015 sent ground troops to Yemen as part of a Saudi-led coalition against Iran-backed Houthi rebels.

Jordan king meets US national security adviser

The meeting, attended by Crown Prince Al Hussein bin Abdullah II, discussed enhancing the strategic partnership between Jordan and the...
  • The meeting, attended by Crown Prince Al Hussein bin Abdullah II, discussed enhancing the strategic partnership between Jordan and the US
  • Discussions also addressed regional issues, and ways to reach political solutions to regional crises

Tunisian president rejects foreign election observers

Saied in July last year sacked the government and suspended parliament, prompting fears for democratic gains a decade after Tunisia’s...
  • Saied in July last year sacked the government prompting fears for democratic gains a decade after Tunisia’s revolution which sparked the Arab Spring uprisings
  • He has since taken control of the judiciary and on April 22 gave himself powers to name three out of seven members of the electoral commission, including its chief

Finland poised for NATO membership as Ukraine war crimps Russian gas

Finland took a step Thursday towards fast-track NATO membership, triggering a blunt warning from the Kremlin, as the war in...
  • Finland's leaders declared their nation must apply to join NATO "without delay" -- a seismic change in policy since Russia invaded its neighbour in February
  • "As a member of NATO, Finland would strengthen the entire defence alliance," President Sauli Niinisto and Prime Minister Sanna Marin said in a joint statement

Hamas armed wing says Israel blocking ceasefire and hostage release talks

The armed wing of the Palestinian militant group Hamas on Friday accused Israel of blocking a deal in talks for...

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Saudi Arabia sends $250m to bolster Yemeni government

Saudi Arabia said it had disbursed $250 million in aid to the internationally-recognized government in Yemen. The money follows an...

IMF chief says Israel-Hamas war ‘devastating’ Palestinian economy

"The Palestinian economy's dire outlook is worsening as the conflict persists," managing director Kristalina Georgieva told the World Governments Summit...

UN’s IMO working ‘tirelessly’ to solve Red Sea crisis: head

Yemen's Houthi rebels, supported by Iran, have launched dozens of attacks against ships in the Red Sea since November, targeting...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel offensive on Lebanon would ‘spell end’ of Netanyahu, says Iran’s FM

Amir-Abdollahian met top officials in Beirut including Hizbollah chief Hassan Nasrallah and parliament speaker Nabih Berri, a powerful ally of...
  • The minister said that any move by Israel on Lebanon will spell the "end of Netanyahu"
  • He was on his third visit to Beirut in over four months of hostilities

Hamas official in Lebanon survives Israeli strike

While the Israel-Lebanon violence has been largely contained to the border area, a strike earlier on Saturday hit the coastal...
  • An Israeli drone strike killed one person and wounded nine others in a southern border village
  • Israeli forces and Hezbollah have traded near-daily fire since war broke out on October 7

Israel PM pledges ‘safe passage’ for Rafah civilians

Israel's massive military offensive in Gaza as per the territory's health ministry has killed at least 28,064 people, mostly women...
  • Gaza's authorities warned of "tens of thousands" of casualties in Rafah
  • EU's Josep Borell said an offensive there "would lead to an unspeakable humanitarian catastrophe"