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

As thaw sets in, Qatar and Saudi Arabia review ties

Qatar's emir Sheikh Tamim bin Hamad Al-Thani and visiting Saudi Crown Prince Mohammed bin Salman discuss ways to support and...
  • This is Saudi Crown Prince's first visit to Qatar after relations were fully restored in January following a landmark summit in the Saudi desert city of Al-Ula.
  • Saudi Arabia, the UAE and Bahrain cut all links with Qatar in June 2017, alleging it backed radical groups and was too close to Tehran -- allegations Doha denied.

Top French Diplomat visits Algeria to mend relations

Addressing journalists after meeting President Abdelmadjid Tebboune, Jean-Yves Le Drian said the countries should move past "misunderstandings" and "wounds of...
  • Macron, France's first leader born after the colonial era, has prioritized forging a modern relationship with former colonies.
  • Earlier this year, he recognized that French officers tortured and killed Algerian lawyer Ali Boumendjel in 1957.

UAE biggest trading partner of Australia, relations between two growing

The UAE is Australia’s largest trading partner and the second-largest source of investment in the Middle East, said Justin McGowan,...
  • Annual trade between the two countries is valued approximately at AU$9.8 billion ($7.1 billion).
  • More than 250 Australian companies are based in the UAE, said Justin McGowan, Commissioner General of Australia at Expo 2020 Dubai.

Dubai’s carbon emissions have fallen by 22 percent in 2019

Dubai's carbon emissions have fallen by 22 percent in 2019, reflecting the efforts made by its strategic partners to support...
  • Dubai Supreme Council of Energy discusses a resolution to achieve carbon neutrality by 2050.
  • The meeting also discussed the implementation of a resolution to regulate district cooling services in Dubai.

UAE tops Bloomberg’s monthly Covid Resilience Ranking for Nov 2021

UAE has risen to the top spot on Bloomberg's Covid Resilience Ranking, dethroning Europe that has been dominating the top...
  • A Bloomberg report said UAE one of the only seven countries that never fell into the bottom half of the Ranking.
  • Iraq jumps 21 spots after community mobility surged and domestic life normalized.

UAE signs air transport MoU with Colombia

The UAE’s General Civil Aviation Authority represented the country in the signing of the deal.
  • This MoU is expected to enhance the air connectivity between the two countries
  • It will let the national carriers of both countries initiate the operation of scheduled passenger and all-cargo flights

Aramco taps L&T for Saudi facility

Spread over 120,000 square meters of area, the facility which is to construed by L&T aims to create crucial equipment...
  • L&T is to build the region’s first Heavy Wall Pressure Vessels facility at Jubail Industrial City
  • More than 20 MoUs were signed under the Namaat program of Aramco in September 2021

ICJ orders Armenia and Azerbaijan to resolve dispute

Tensions have simmered for years over Nagorno-Karabakh, an ethnic Armenian region of Azerbaijan that broke away from Baku's control in...
  • International court of Justice tells Azerbaijan to treat all Armenian prisoners lawfully
  • Azerbaijan welcomed the ruling of ICJ, which was first formed to resolve the disputes of World War II

US imposes sanctions on Iran

The sanctions announced by the US Treasury and State Department targeted government officials and organizations.
  • The US treasury hit sanctions on Iran, Uganda and Syria for increasing political repression and execution of its own citizens
  • Iran agreed to sign nuclear accord in 2015 with the US, UK, France, China, Russia and Germany

Saudi Arabia, UAE discuss ways to boost relations

UAE President Sheikh Khalifa bin Zayed Al Nahyan conferred the “Order of Zayed” on Saudi crown prince Mohammed bin Salman...
  • Abu Dhabi crown prince Sheikh Mohamed welcomed and Saudi crown prince Mohammed bin Salman to the UAE
  • Saudi crown prince is in Abu Dhabi as part of his tour of the GCC countries

EU seeks Gaza progress after Israel found in breach of cooperation deal

Brussels, Belgium -- The EU said Monday that Israel must improve the humanitarian situation in Gaza or else face possible...

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UK-Palestinian surgeon fights for ‘justice’ after Gaza return

Ghassan Abu Sitta -- born in Kuwait and who has lived in Britain since the late 1980s -- arrived in...

Germany ready to sell Eurofighter jets to Saudi Arabia: minister

"We do not see ourselves, as the German federal government, opposing British considerations on other Eurofighter (sales)," Baerbock told journalists...

Blinken warns Israel-Hamas war could ‘metastasize’

Blinken will meet with Crown Prince Mohammed bin Salman in the Saudi desert city of Al-Ula, said a US official...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Turkish Airlines grounds Boeing 737 MAX 9 jets amid inspection orders

Turkish Airlines said that it would stop flying five Boeing 737 MAX 9 jets in its fleet even as the...
  • The Alaska Airlines scare prompted the US Federal Aviation Administration to order immediate inspections of around 171 of the jets operated worldwide.
  • Boeing has so far delivered about 218 of the 737 MAX planes worldwide, the company said.

Gaza war rages into fourth month as Blinken tours Middle East

Jordan's king urged Blinken to push for a ceasefire in Gaza and an end to the humanitarian crisis brought by...
  • Outside Jordan's capital, ahead of Blinken's visit to a World Food Programme aid warehouse, senior UN official Sheri Ritsema-Anderson described Gaza situation as "epic catastrophe"
  • Israeli airstrikes overnight and early Sunday killed at least 64 people, including two journalists, in the devastated territory, the health ministry said.

Six Palestinians killed in Israeli raid in West Bank

The official Palestinian news agency Wafa reported early Sunday that a major deployment of Israeli forces was under way in...
  • A PA official said that Israeli bombardment on a group of citizens killed six people in Jenin
  • At least 327 Palestinians have been killed in the West Bank since the conflict broke out