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

Bahrain eyes cooperation with Germany in aviation, tourism

Bahrain's Minister said the private sector plays a key role in strengthening bilateral relations, as it boosts the volume of...
  • Bahrain's Minister stressed the importance of attracting more expertise and investments.
  • He also highlighted the incentive packages provided by Bahrain for overseas investors.

Arab League plays safe, calls for diplomatic solution in Ukraine

The Arab League on Monday expressed its worry over Russia's invasion of Ukraine and called for a "diplomatic solution," as...
  • Most Arab countries so far have not come down on one side or the other in the war
  • Middle East and North African governments are cautious in their response to Russia, a major supplier of the region's wheat and weapons.

UN Security Council extends Yemen arms embargo to all Houthi rebels

The UN Security Council voted Monday to extend to all of Yemen's Houthi rebels an arms embargo that until now...
  • Yemen has been embroiled since 2014 in a civil war between the Iran-backed Houthis and the internationally recognized government supported by a Saudi-led military coalition.
  • Russia, which is close to Iran, voted in favor of the resolution targeting the rebels.

Iran says awaits ‘political decisions’ of Western parties in nuclear talks

All sides to the negotiations have signaled progress in the talks being held in the Austrian capital, but add that...
  • Parties to the 2015 deal saw it as the best way to stop Iran from building a nuclear bomb -– a goal Tehran has always denied.
  • The negotiations to revive the deal involve Iran as well as France, Germany, Britain, Russia and China directly, and the US indirectly.

Saudi Deputy Defense Minister meets Abu Dhabi’s Crown Prince

Prince Khalid bin Salman conveyed the greetings of the Custodian of King Salman bin Abdulaziz Al Saud.
  • Prince Khalid bin Salman conveyed the greetings of the Custodian of King Salman bin Abdulaziz Al Saud
  • The two kingdoms discussed strategic cooperation and the developments in the regional and international arena

Russia on nuclear alert as Ukraine fiercely resists invasion

President Vladimir Putin ordered on Sunday Russia's nuclear forces onto high alert in response to what he called ‘unfriendly’ steps...
  • Russia invaded on Thursday and quickly announced it had neutralized key Ukrainian military facilities, but fierce fighting has since raged
  • Ukraine forces, backed by Western arms, are stymieing the advance of Russian troops, while the US leads Western condemnation and sanctions

Turkey recognises Russia-Ukraine ‘war’, may block warships

If needed, Turkey will apply the Montreux agreement which governs the free movement of commercial ships through the Bosphorus and...
  • Turkey has offered to host talks between Russian president Putin and Ukrainian president as it has strong ties with both the countries
  • Turkey did not immediately respond to the Ukraine's request of closing the access to the Black Sea for Russian ships

Russia invasion of Ukraine risks displacing over 7 million: EU

According to the UN, if the war continued, there will be around 18 million Ukrainians that will be affected in...
  • According to the latest situation report from the OCHA, ‘more than 160,000 people have reportedly been internally displaced’
  • ‘Over 116,000 have been forced to flee across international borders into neighboring European countries,’ OCHA added

Arab League to meet over Ukraine war to discuss Russian invasion

A number of Arab countries are heavily dependent on wheat supplies from both Ukraine and Russia.
  • A number of Arab countries are heavily dependent on wheat supplies from both Ukraine and Russia
  • The UAE, a non-permanent member of the UN Security Council, abstained Friday in a vote on a resolution, vetoed by Moscow

Jordan, Tunisia review bilateral ties, ways to boost health cooperation

The ministers of Jordan and Tunisia discussed ways to enhance bilateral ties, especially in health cooperation. Jordan’s Health Minister Firas...
  • Jordan’s Health Minister Firas Al Hawari met with Tunisian counterpart Ali Mrabet on Saturday in Amman
  • The ministers reviewed establishing health facilities such as cancer treatment centers and structures for monitoring communicable diseases.

Over 500 killed around US and Israel-backed aid distributions in Gaza: UN

The United Nations and major aid groups have refused to cooperate with the Israel-backed Gaza Humanitarian Foundation over concerns it was designed...

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Qatar ‘appalled’ at alleged criticism by Netanyahu

Israeli prime minister accused Qatar of financing Hamas at a meeting this week with the families of hostages held in...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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UAE MoD ink deals worth $517m in first two days of UMEX and SimTEX 2024

ABU DHABI, UAE - On the second day of the sixth edition of UMEX and SimTEX 2024, the accumulated value...
  • The second day of the event witnessed announcement of five deals signed by the Tawazun Council.
  • The total number of local contracts on the second day of UMEX and SimTEX 2024 reached five contracts.

NATO kicks off biggest military exercise since Cold War

The Western military alliance has said some 90,000 troops will take part in the months-long Steadfast Defender 24 exercise designed...
  • The exercise -- the biggest since the 1988 Reforger drill during the Cold War -- comes as NATO has overhauled its defenses since Russia launched its invasion of Ukraine in 2022
  • The alliance has dispatched thousands of troops to its eastern flank and drawn up most extensive plans since collapse of the Soviet Union to protect itself from a Russian attack

EU plans measures to protect sensitive technology from China

The European Union unveiled plans to strengthen the bloc's economic security including measures to protect sensitive technology from falling into...
  • The fallout from the war in Ukraine hit Europe particularly hard, forcing the bloc to find alternative energy sources.
  • Now, it wants to avoid a similar over-reliance on China, which dominates in green technology production and critical raw materials.