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

Arabs decry ‘racist’ double standard in Ukraine media commentary

Arabs noted that while the toll of war may be similar in the respective conflicts, the media treatment is not....
  • The Arab and Middle Eastern Journalists' Association condemned "examples of racist news coverage that ascribes more importance to some victims of war than others".
  • For Syrians, the disparity in media treatment is particularly striking as Russia launched a bloody intervention to prop up Bashar al-Assad's regime more than six years ago.

Cyprus president arrives in Riyadh to discuss bilateral cooperation

Nicos Anastasiades was received by Prince Mohammad bin Abdul Rahman bin Abdulaziz, Deputy Governor of the Riyadh Region.
  • Nicos Anastasiades was received by Prince Mohammad bin Abdul Rahman bin Abdulaziz, Deputy Governor of the Riyadh Region
  • The two countries will discuss bilateral cooperation and the regional situation

Italy looks to Algeria to cover possible gas shortage

Italy imports around 95 percent of the gas it uses, and around 45 percent of that comes from Russia.
  • Russia last week invaded Ukraine, causing the United States and its allies to impose sanctions on Moscow
  • The conflict also sparked alarm among countries like Italy, which depend on Russia for their energy needs

GCC wants to expand strategic partnership with India

The remarks were made during the GCC Secretary General Al-Hajraf’s meeting with the Indian Ambassador to the Kingdom of Saudi...
  • The remarks were made during GCC Secretary General Al-Hajraf’s meeting with the Indian Ambassador to the Kingdom of Saudi Arabia Dr. Ausaf Sayeed
  • Al-Hajraf praised the level of bilateral relations between the GCC and India in light of the framework agreement for economic cooperation signed between the two sides in 2004

Jordan king meets with US CENTCOM commander

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 United States
  • Discussions also addressed regional and international efforts to fight terrorism, within a holistic approach

Must conclude Iran nuclear talks this week, says France

The negotiations to revive the deal involve Iran as well as France, Germany, Britain, Russia and China directly, and the...
  • All sides have signaled progress in the talks, but Iran has said that the West still needs to decide on some key issues
  • Parties to the 2015 deal saw it as the best way to stop the Islamic republic from building a nuclear bomb

Ukraine: Trudeau announces Canada ban on Russian oil imports

“Today, we are announcing a ban on all imports of crude oil from Russia, an industry that has benefited President...
  • “Today, we are announcing a ban on all imports of crude oil from Russia, an industry that has benefited President Putin and his oligarchs greatly,” Trudeau told a news conference
  • Canada, with the fourth largest reserve in the world, is a net oil exporter, but still imports significant amounts from countries including the United States and Saudi Arabia

Turkey blocks warships from Bosphorus, Dardanelles

"We have alerted both countries of the region and elsewhere not to pass warships through the Black Sea," Foreign Minister...
  • "We have alerted both countries of the region and elsewhere not to pass warships through the Black Sea," Foreign Minister Mevlut Cavusoglu said
  • The 1936 Montreux Convention governs the free movement of commercial ships in peacetime through the Bosphorus and the Dardanelles straits

US expels 12 Russian UN staff for ‘espionage activities’

The announcement of the expulsion came on the last day of Russia's presidency of the UN Security Council and it...
  • The US deputy ambassador to the UN said the 12 members of Russia's UN mission had engaged in non-diplomatic activities
  • A Russian diplomatic source later said the expulsion decision did not target either the ambassador or his two senior deputies

Bangladesh to partner with UAE to boost trade in Middle East

The Federation of Bangladesh Chambers of Commerce and Industries, or FBCCI, will launch a UAE-Bangladesh Business Council next month to...
  • Bangladesh’s Prime Minister Sheikh Hasina is likely to launch the business council
  • The business council is expected to strengthening the trade relations with the UAE

Trump to sign ‘big, beautiful’ bill on US Independence Day

Trump pushed Republican lawmakers to get his unpopular "One Big Beautiful Bill" through a reluctant Congress in time for him...

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Fighting focuses on Gaza’s Khan Yunis after deadly shelling hits UN shelter

The deadly incident came after the Israeli army said it had encircled the city, where footage released by the military...

Bahrain and South Korea seek to bolster economic, parliamentary ties

Manama, Bahrain--Bahrain and South Korea have reviewed ways to enhance diplomatic, economic and parliamentary cooperation and partnership to benefit the...

WEF24: Unified approach key to resolve challenges

Unified global solutions are crucial to tackle issues like climate change, AI norms, and economic fragmentation, Khalfan Belhoul of Dubai...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

US to discuss troop withdrawal with Iraq soon: report

New York, United States - The United States will begin talks with Iraq on the withdrawal of US troops from...
  • The report said that Washington wants the troop schedule to reflect the current situation in Iraq and the stability of its government and law enforcement agencies
  • But the Iraqi leadership believes that the timeframe of the withdrawal should not be affected by any circumstances

Israeli shelling on UN shelter in Gaza kills nine Palestinians

Palestinian Territories - Tank shelling on a UN shelter on Wednesday killed nine people in Gaza's main southern city of...
  • "Two tank rounds hit building that shelters 800 people - reports now 9 dead and 75 injured," Thomas White, UNRWA's Gaza director, said on X.
  • Teams from UNRWA and the World Health Organization were trying to reach the shelter, which has been blocked for two days, White said.

Yemen-based Houthis fire missiles at ships in Red Sea, says US

Yemen's Iran-backed Houthi rebels fired three missiles at two merchant ships in the Red Sea in their latest attack in...
  • One missile missed its target and a US Navy destroyer shot down the other two, National Security Council spokesman John Kirby said.
  • The continuing Houthi action "means we're obviously still going to have to do what we have to do to protect that shipping," he said.