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

Lavrov meets Xi in Beijing: Russian foreign ministry

Foreign Minister Sergei Lavrov met with China's leader Xi Jinping in Beijing on Tuesday, Moscow said, as the top Russian...

Geostrategy

Trump says US will send Ukraine Patriot air defense systems, and may sanction Russia

President Donald Trump on Sunday said Washington would send Patriot air defense systems to Kyiv and hinted at new sanctions...

Geostrategy
Geostrategy

UN chief to visit Turkey before trips to Russia and Ukraine

Turkey has been trying to negotiate an end to the conflict between the two countries, hosting meetings between Russian and...
  • Antonio Guterres’ trip comes as the Russia-Ukraine war enters its third month, with fierce battles continuing in Ukraine’s east
  • Scores of civilians and Ukrainian soldiers are said to be trapped in the besieged port city of Mariupol, with evacuation interrupted
Economy

Losing Russian energy would weigh on Europe’s economy: IMF official

Europe can get by without Russian gas for six months, but beyond that, the economic impact would be severe, a...
  • Alfred Kammer, head of the IMF's European Department, urged countries in the region to take a series of steps to ease the blow, including reducing consumption to build up inventory
  • The International Monetary Fund projects that a total loss of Russian gas and oil supplies could cost the European Union three percent of GDP
Geostrategy

Saudi Arabia and Iran restart talks in Baghdad

Regional rivals Iran and Saudi Arabia have resumed key talks in the Iraqi capital Baghdad after negotiations were suspended last...
  • Iran's Nour news agency confirmed a meeting attended by "senior officials from the secretariat of Iran's Supreme National Security Council and the head of the Saudi intelligence
  • Shiite-majority Iran and the Sunni kingdom of Saudi Arabia support rival sides in several conflict zones across the region
Geostrategy

Gunmen kill bodyguard of Iran Revolutionary Guards general

Gunmen killed the bodyguard of a general from Iran's Revolutionary Guards on Saturday in an attack on a checkpoint in...
  • State television said "criminals" had opened fire at the checkpoint, located at the entrance to the provincial capital of Zahedan
  • IRNA said the security forces arrested those behind the attack
Geostrategy

Hopes down for Easter truce in Ukraine as Russia presses on

Russian forces, which withdrew from around Kyiv and the north of Ukraine earlier this month after being frustrated in their...
  • Ukrainian authorities have vowed to fight on and drive the Russian troops from their land, but they also sought an Easter pause
  • ‘Unfortunately, Russia rejected the proposal to establish an Easter truce,’ Ukrainian President Volodymyr Zelensky said on Thursday
Geostrategy

After Moscow visit, UN chief to meet Zelensky in Ukraine

UN Secretary General Antonio Guterres will meet with President Volodymyr Zelensky in Ukraine next week after a stop in Moscow...
  • Guterres sent letters this week requesting these in-person meetings to try to regain the initiative for the UN
  • In part this is because the war has divided the UN Security Council permanent members: the United States, France, Britain, China and Russia
Geostrategy

Tensions threaten to boil over in Jerusalem’s Muslim quarter

The Old City of Jerusalem, with its Jewish, Muslim, Christian and Armenian quarters, swarms with tourists and pilgrims, security forces,...
  • Muslim and Christian Palestinians as well as rights groups accuse Israeli ultra-nationalist groups of trying to "Judaize" the district in the annexed eastern sector of the city.
  • And in what Palestinians see as a blatant provocation, Jewish hardliners have been stepping up visits to the esplanade.
Geostrategy

Portuguese man detained over Beirut blast

Spanish authorities said Thursday they had arrested and then granted conditional release to a Portuguese man wanted by Interpol over...
  • Moreira is wanted in Lebanon for allegedly having brought explosives into the country
  • He is wanted in Lebanon for the crimes of "terrorism" and "causing death through the use of explosives."
Geostrategy

Turkey calls in Iraq envoy to defend new offensive

Iraq’s charge d’affaires was called in a day after officials in Baghdad denied Turkish President Recep Tayyip Erdogan’s claim that...
  • Iraq’s charge d’affaires was called in a day after officials in Baghdad denied Turkish President Recep Tayyip Erdogan’s claim that they backed the offensive
  • Erdogan said on Wednesday that Turkey’s push into the mountains of northern Iraq was being conducted in “close cooperation with the central Iraqi government."
Geostrategy

Parched Iraq’s water resources ‘down 50 percent’

Oil-rich Iraq, despite its mighty Tigris and Euphrates rivers, is classified as one of the world's five countries most vulnerable...
  • Iraq which shares the Tigris and Euphrates with Turkey and Syria often protests that their upstream construction of dams has endangered its water resources.
  • World has Bank warned that Iraq, a country of 41 million people, could suffer a 20-percent decline in drinking water resources by 2050 due to climate change.

Lavrov meets Xi in Beijing: Russian foreign ministry

Foreign Minister Sergei Lavrov met with China's leader Xi Jinping in Beijing on Tuesday, Moscow said, as the top Russian...
Geostrategy

Company News

Latest News

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...
Geostrategy

Iran agricultural, food exports hit US$4.8bn in 10 months

TEHRAN, IRAN – The country has exported more than 6.7 million tons of agricultural and food products worth US$4.8 billion...
Business

Saudi Arabia’s air defense commander examines Russia’s S-350, S-400 systems

RIYADH, SAUDI ARABIA – The Commander of the Royal Saudi Air Defense Force Lieutenant-General Mazyad bin Suleiman Al-Amr has inspected...
Geostrategy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Geostrategy

UAE, Russian Presidents discuss regional and global developments

ABU DHABI, UAE - President Sheikh Mohamed bin Zayed Al Nahyan spoke by telephone to President of the Russian Federation...
  • Sheikh Mohamed reiterated the UAE's steadfast commitment to promoting peace and stability both regionally and globally.
  • The UAE and Russian Presidents discussed several issues of mutual interest, with a particular focus on the Ukraine conflict.
Geostrategy

Halting funding to UNRWA perils Middle East stability: Arab League

Cairo, Egypt -- The potential termination of the UN Relief and Works Agency for Palestine Refugees in the Near East...
  • According to the Arab League secretary general, "the desire of some countries to exclude the role of UNRWA by suspending its funding is a moral, humanitarian and security mistake."
  • He said this "dangerous trend" is consistent with the position of right-wing parties in Israel, which have always sought and are still seeking to limit UNRWA's activities.
Geostrategy

Three killed in attack outside court in Turkey, says minister

ISTANBUL, TURKEY - Turkish police on Tuesday shot dead two assailants from a leftist organization, branded "terrorists" by authorities, who attacked...
  • Turkey's Interior Minister Ali Yerlikaya said the assailants were members of the Revolutionary People's Liberation Party-Front (DHKP-C).
  • The group, considered a terrorist organization by the United States, has been fighting US influence in the Middle East and across the world.