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

US top diplomat in Israel for landmark Arab talks

According to US officials, discussion over the nuclear deal with Iran and global wheat shortage caused by the Ukraine war...
  • Antony Blinken will visit Algeria and Morocco to hold talks with Abu Dhabi Crown Prince Mohammed bin Zayed to support Ukraine
  • Blinken is also expected to meet the Palestinian president in West Bank, where the US consulate issue 'will certainly be a topic of discussion'

New world order? Pandemic and war rattle globalization

According to a professor at Ghent Institute, the pandemic did not bring radical changes in terms of reshoring but the...
  • The Ukraine crisis has highlighted Europe's and especially Germany's heavy dependence on gas supplies from Russia
  • The US warned China that if it provided material support to Russia against Ukraine, it would would face 'consequences'

Russians can do business in Turkey, says minister

Turkey’s Foreign Minister Mevlut Cavusoglu has said Russia's oligarchs can continue to do business in his country so long as...
  • The measures targeting the possessions of Russia's oligarchs were not approved by the UN but by western countries
  • They have imposed measures against Russia like placing oligarchs and other individuals close to Putin on sanctions lists

Qatar, Saudi Arabia decry lack of attention to Middle East conflicts

As the world talks about the Ukraine crisis, Qatar and Saudi Arabia have called out the world about its reaction...
  • Qatar hopes that Ukraine conflict would be 'a wake-up call for international community to respond Middle East's issues same as the world respond to Ukraine issues'
  • Ukraine President Volodymyr Zelensky has meanwhile urged Qatar through video message in Doha Forum to increase natural gas production

US steps up pressure as Russia continues Ukraine attack

In an impassioned speech from the Royal Castle in Warsaw, delivered after meeting top Ukrainian ministers in Poland and earlier...
  • Russian President Vladimir Putin sent troops into Ukraine on February 24 in what he called was a ‘special military operation’
  • But his army has made little progress on capturing key cities, and it has hit hospitals, residential buildings, and schools

Saudi Arabia eases rules for US, UK, and Schengen visa holders

The move comes two weeks after the country lifted all Covid-19-related entry restrictions.
  • Citizens of any country can now receive a 12-month tourism visa on arrival in Saudi Arabia without needing to apply in advance
  • However, they will have to hold one of the three visas, and travel on one of the country’s national carriers: Saudia, Flynas, or Flyadeal

EU foreign policy chief sees Iran nuclear deal in days

EU foreign policy chief Josep Borrell said Saturday that a new deal on Iran's nuclear program would be sealed within...
  • "We are very close but there are still some issues pending," Borrell told reporters on the sidelines of the Doha Forum in Qatar
  • The EU coordinator for the talks, Enrique Mora, was traveling to Tehran on Saturday and said he was hoping to close gaps in the negotiations

Iraqi lawmakers shy away from electing new president

Iraqi lawmakers failed again on Saturday to elect a new president for the country due to a lack of quorum...
  • Parliament had issued a final list of 40 candidates for the post, a largely ceremonial role that by convention is reserved for a member of Iraq's Kurdish minority
  • The postponement exacerbates Iraq's political problems because it is the task of the president to formally name a prime minister

Houthis proposed ceasefire and talks, says Saudi official

Yemen's Houthi rebels have proposed a ceasefire and peace talks to end the country's crippling war in return for opening...
  • The comments come a day after a wave of drone-and-missile attacks against Saudi targets including an oil facility in Jeddah
  • No immediate comment was available from the Houthis, who seized Sanaa in 2014, ousting the government and sparking a devastating war

Palestinians turn out to vote in West Bank municipal polls

Polls opened Saturday in towns and cities in the Israeli-occupied West Bank in a rare democratic exercise following a decade...
  • It is the second phase of municipal elections after a first round of voting in December in 154 West Bank villages
  • No legislative or presidential elections have been held in the Palestinian territories for 15 years, following repeated delays

Hamas agrees partial hostage release in ‘difficult’ truce talks after Qatar-brokered indirect talks

The group's statement came after four days of indirect talks brokered by Qatar and as the United States signalled its...

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US to sell drones worth $4bn to India to bolster its defenses against China

The United States approved a $4 billion sale of state-of-the-art drones to India, offering a new edge to the growing...

Indian authorities tear down 600 year-old mosque in Delhi

New Delhi, India - Bulldozers have knocked down a centuries-old mosque in India's capital, a member of the building's managing committee...

Saudi Arabia not part of BRICS yet, still considering invite: Report

Riyadh, Saudi Arabia -- Saudi Arabia remains undecided on accepting the BRICS bloc's invitation to join, despite initial claims of...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

OPEC+ panel reaffirms cartel’s current output reduction strategy

In an effort to shore up prices, the OPEC+ oil alliance of 23 nations has implemented supply cuts of more...
  • In a statement following a meeting via videoconference, the Joint Ministerial Monitoring Committee (JMMC) of OPEC+ stopped short of making any recommendations on its output policy.
  • However, the panel said it "reviewed the crude oil production data for the months of November and December 2023", noting the "high conformity" among participating nations.

Spain urges WTO meet in UAE to address de-globalization

ABU DHABI, UAE - Madrid wants the upcoming 13th Ministerial Conference (MC13) of the World Trade Organization (WTO) here next...
  • The ministerial meeting (MC13) will convene representatives of 164 nations and trading blocs.
  • MC13 will seek key reforms to the global trading system, including expanding WTO membership .

Creeping war threatens Sudan’s eastern border

Sudan's nine-month-old war has so far largely spared the country's east. But with the frontline inching ever closer, and reports...
  • In recent months, the RSF's push into Al-Jazira state, southeast of the embattled capital Khartoum, has given it access to roads leading further east
  • The port city is Sudan's lifeline for crucial aid during the war that, according to the United Nations, has uprooted around 7.6 million people