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

Iran says Russia will invest $83.58m in Sirik power plant

Iran has confirmed that Russia will invest $83.58 million in Sirik power plant based in southern Iran.
  • After discussions, the Russian Ministry of Finance agreed to invest in the 1400-megawatt (MW) gas-powered plant
  • Some seven Iranian companies are working in the project, employing 250 manpower directly and indirectly

Iran terms US sanctions relief ‘good but not enough’

US steps on lifting sanctions are "good but not enough", Iran said Saturday, following Washington's announcement it was waiving sanctions...
  • The US action came as talks to restore a 2015 deal between Tehran and world powers over its nuclear program reached an advanced stage
  • The secretary of Iran's Supreme National Security Council also reflected Tehran's view that the US move falls short

UAE and China resolve to bolster economic ties

Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces,...
  • President Xi Jinping thanked Sheikh Mohammed bin Zayed for attending the opening ceremony of the Olympic Winter Games
  • Sheikh Mohammed attended a grand banquet hosted by the Chinese president to welcome the dignitaries from across the world

Iraq keen to benefit from Egypt: Central Bank Governor

Iraq is keen to benefit from the Egyptian Investment Authority, the Governor of Iraq’s Central Bank Mustafa Ghaleb said on...
  • Iraq’s Central Bank Governor Mustafa Ghaleb met Mohamed Abdel Wahab, CEO of the Egyptian General Authority for Investment and Free Zones
  • Mustafa Ghaleb praised "the development witnessed by the Arab Republic of Egypt in all sectors, especially the business and investment sector"

Palestinian PM calls for Israel’s exclusion from African Union

Palestinian prime minister Mohammed Shtayyeh has urged the African Union to withdraw Israel's observer status as heads of state from...
  • The relationship with Israel is a rare point of contention for a body that values consensus and is expected to dominate the Addis Ababa summit
  • The dispute erupted last July when Moussa Faki Mahamat, chair of the African Union Commission, accepted Israel's accreditation to the bloc

Saudi Crown Prince, Egypt’s al-Sisi attend Xi Jinping’s banquet

Saudi Arabia's Crown Prince Mohammed bin Salman and Egypt's President Abdel Fattah al-Sisi attend the banquet hosted by Chinese President...
  • Dozens of dignitaries were treated to musical performances and a traditional handicrafts display alongside the meal at the Great Hall of the People
  • This week's meetings are a striking change for Xi, who has avoided traveling abroad or meeting foreign visitors face-to-face since the start of the Covid-19 pandemic in 2020

Amman, Doha discuss creating job opportunities for Jordanians

The meeting was participated by the ministers of education, higher education, tourism, interior, health, digital economy, investment etc.
  • The meeting was participated by the ministers of education, higher education, tourism, interior, health, digital economy, investment etc
  • It covered the linking of the Qatar platform with the Sajil platform in Jordan to hire thousands of Jordanians on the initiative of Emir of Qatar Sheikh Tamim bin Hamad Al Thani

Task Force explores options to ban trade with illegal Israeli settlements

The Brussels-based European Coordination of Committees and Associations for Palestine (ECCP) is an “Inter-Parliamentary Task Force to Promote Palestinian Human...
  • The Task Force heard from several speakers who have been leaders in pushing for legislative initiatives to limit or prohibit trade with illegal colonial settlements
  • The international community opposes annexation and considers illegal settlements to be an obstacle to international peace and stability

US waives sanctions for Iran civil nuclear program

The resumption of the waiver, ended by the Donald Trump administration in 2020, ‘would be essential to ensuring Iran's swift...
  • The step came as talks to restore the 2015 Joint Comprehensive Plan of Action, or JCPOA, were at an advanced stage
  • The talks, being held in Vienna, include Iran, the United States, Britain, China, France, Germany and Russia

GCC leaders witness KSA’s debut in Winter Olympics

Key regional leaders were present as Saudi Arabia on Friday made its first appearance at the Winter Olympics after alpine...
  • Saudi Arabia makes its first appearance at the Winter Olympics after alpine skier Fayik Abdi qualified to compete in Beijing 2022
  • Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed attended the event

Gaza rescuers say Israeli forces kill 48 as ceasefire calls mount

The swift resolution of Israel's 12-day war with Iran has revived hopes for a halt to the fighting in Gaza,...

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Biden on Palestinian state: some states ‘don’t have their own militaries’

US Secretary of State Antony Blinken told the World Economic Forum in Davos, Switzerland this week said Israel would not...

UN reports Israel arrested thousands in Gaza since war

Thousands of Gazan men may have been detained by Israeli forces since war erupted on October 7, often facing conditions...

Palestinians count cost of Israel’s West Bank raid

Palestinians held funerals and assessed the damage of a days-long Israeli raid in the occupied West Bank, where violence has...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

In Davos, AI excitement persists but fears over managing risks

A recent IMF report said AI would affect nearly 40 percent of jobs around the world, and some 60 percent...
  • Over the course of the week, more than 3,000 policy makers, business executives, academics and innovators discussed some of the world's most pressing issues at the annual meet.
  • The Forum announced it will hold a special meeting, hosted by Saudi Arabia, on “Global Cooperation, Growth and Energy for Development” on 28-29 Apr 2024 in Riyadh.

Complaint against Israeli President received: Swiss prosecutors

Israeli President Isaac Herzog has been targeted with a criminal complaint during a visit to Switzerland, Swiss prosecutors said, amid...
  • The Federal Prosecutor's Office said that it had received a criminal complaint against the Israeli president.
  • South Africa launched the emergency case at the ICJ, arguing that Israel had breached the 1948 UN Genocide Convention.

Strange calls may precede Israeli attacks in Lebanon

BEIRUT, LEBANON - "Good morning, madame. This is the bank calling. Are you at home?"   Since the Israel-Hamas war broke...
  • Since the Israel-Hamas war broke out, residents of southern Lebanon have been receiving strange phone calls from Lebanese numbers.
  • Lebanese security officials and the Iran-backed Hizbollah group, a Hamas ally, believe the strange calls are in fact from Israelis.