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

Erdogan to visit Saudi on Thursday, ending rift over Khashoggi killing

The two-day trip comes after an Istanbul court this month ruled to halt the trial in absentia of 26 Saudi...
  • Turkey infuriated Riyadh by pressing ahead with an investigation into the murder, which Erdogan said was ordered at the "highest levels" of the Saudi government.
  • Ties between the two regional powers  sharply deteriorated and Saudi Arabia unofficially tried to put pressure on Turkey's economy and boycott key Turkish imports.

Coal still the fossil fuel most responsible for global warming: Report

The number of coal-fired power plants in the pipeline worldwide declined in 2021, according to research released Tuesday, but the...
  • Since the 195-nation Paris treaty was inked in 2015, coal power capacity under construction or slated for development has dropped by three-quarter.
  • Globally, there are more than 2,400 coal-fired power plants operating in 79 countries, with a total capacity of 2,100 GW.

Indian PM meets UAE business delegation on visit to Kashmir

Modi said a total of $4.97 billion private investment is on its way to Jammu and Kashmir.
  • Modi said a total of $4.97 billion private investment is on its way to Jammu and Kashmir
  • In August 2019, New Delhi revoked Article 370 of India’s constitution that lent the then state its autonomous status within the Indian Union

Turkish court jails Erdogan critic Kavala for life

"The United States is deeply troubled and disappointed by the court's decision," US State Department spokesman Ned Price said in...

Russia warns of WW3 as West plans more arms for Ukraine

For months, Ukrainian President Volodymyr Zelensky has been asking Western allies for heavy weapons, vowing that his forces could turn...
  • Russia’s invasion of Ukraine has triggered an outburst of support from Western nations that has seen weapons pour into the country
  • But Western powers have been reluctant to deepen their involvement, for fear of sparking a conflict against nuclear-armed Russia

Iran terms latest talks with Saudi Arabia as ‘positive’

Iran said Monday that the latest round of talks with Saudi Arabia was "positive and serious" and voiced hope for...
  • Shiite Muslim-majority Iran and the Sunni kingdom of Saudi Arabia support rival sides in several conflicts, including in Yemen
  • Iran's Nour news agency reported the latest talks were attended by senior officials from the two countries

Iran urges new meet in Vienna talks ‘as soon as possible’

Iran called on Monday for a new meeting "as soon as possible" in the talks that have been held in...
  • Tehran has been engaged in negotiations with Britain, China, France, Germany and Russia directly and the United States indirectly to revive the 2015 deal.
  • The 2015 deal gave Iran sanctions relief in exchange for curbs on its nuclear program to guarantee that Tehran could not develop a nuclear weapon.

Putin congratulates Macron, wishes him ‘success’: Kremlin

Russian President Vladimir Putin congratulated French President Emmanuel Macron on his re-election and defeat of far-right candidate Marine Le Pen,...
  • "I sincerely wish you success in your state activities, as well as good health and well-being," Putin said in a telegram to Macron
  • But while keeping its diplomatic channels to Moscow open, France under Macron has joined the barrage of international sanctions on Russia

Arab, world leaders welcome Macron’s win

World leaders rushed to congratulate France's centrist President Emmanuel Macron on his re-election and defeat of far-right leader Marine Le...
  • Saudi Arabia’s King Salman bin Abdulaziz Al Saud sent a cable to congratulate Emmanuel Macron on being re-elected for a second term as French president
  • The UAE President Sheikh Khalifa bin Zayed Al Nahyan wished the French President continued success in achieving more progress and prosperity for the people of France

Abu Dhabi Crown Prince, Egyptian President, Jordan king meet in Cairo, discuss regional issues

The three leaders discussed the developments taking place in Jerusalem and Al-Aqsa Mosque, stressing the need to stop any practices...
  • The three leaders discussed the developments taking place in Jerusalem and Al-Aqsa Mosque, stressing the need to stop any practices that violate the sanctity of the holy mosque
  • They called for avoiding escalation and calming the situation, stressing that the region is in need for peace, stability and cooperation to achieve progress and prosperity

Divided EU leaves action against Israel on Gaza ‘on table,’ if humanitarian situation does not improve

The measures range from suspending the entire accord or curbing trade ties to sanctioning Israeli ministers, imposing an arms embargo...

Company News

Latest News

Gaza solidarity boycott hits global food chains

As customers in the Middle East shun international restaurants, local businesses report they have benefited from the boycott.

US lawmakers reject US$17.6 billion Israel aid bill

Republicans in the House of Representatives scheduled the vote after the Democratic-led Senate released a bipartisan bill Sunday pairing billions of dollars for...

Canada announces sanctions against Hamas leaders

The move comes two weeks after Britain and the United States unveiled new coordinated asset freezes and travel bans on...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Israeli air strikes on Syria’s Homs kill five people

The Syrian Observatory for Human Rights said that five people have been killed including three civilians, and seven others were...
  • The monitor said the identities of the two non-civilian casualties were unknown
  • Israeli strikes last Monday near Damascus killed eight people, including pro-Iran fighters

Saudi Arabia to US: No Israel ties until Palestinian statehood within 1967 borders

Riyadh, Saudi Arabia - Saudi Arabia on Tuesday explicitly conveyed to the United States its stance on diplomatic relations with...
  • The announcement comes amidst ongoing discussions between Saudi Arabia and the US regarding the Arab-Israeli peace process
  • The spokesperson for the US National Security Council had recently commented on these discussions, further emphasizing their significance

EU seeks 90 percent drop in greenhouse emission by 2040

Strasbourg, France - The EU on Tuesday urged a 90-percent cut to its greenhouse gas emissions by 2040, even as the...
  • The 27-nation European Union is already working towards an interim target of cutting greenhouse gas emissions by 55 percent by 2030.
  • However, rising discontent could deal it a tougher time in trying to get the 2040 goal of 90 percent cuts adopted.