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

Israel to build Cyprus electronic surveillance system

The surveillance system will monitor activity such as smuggling and illegal migration, as well as provide military intelligence
  • The surveillance system will monitor activity such as smuggling and illegal migration, as well as provide military intelligence
  • Cyprus said it was in a "state of emergency" because of an inflow of Syrian migrants overwhelming reception centres

Lebanon PM Najib Mikati urges action to mend Gulf row, govt paralysis

The government is breaking at the seams over a series of disputes involving a probe into last year's monster port...
  • Saudi Arabia, Bahrain and Kuwait recalled their envoys from Beirut and suspended all imports from Lebanon.
  • Blocking imports from Lebanon is a blow to a country in financial ruin and where a weak government is struggling to secure international aid.

Abu Dhabi Crown Prince, King of Netherlands discuss regional, global issues

Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and King Willem-Alexander of the Netherlands have discussed friendship...
  • The parties tackled several regional and international issues of mutual interest and exchanged views in this regard.
  • Two days ago, 50 Dutch companies arrived in the UAE on a trade mission.

19 countries vow to end overseas fossil fuel finance

Major coal, oil and gas funders China, Japan and South Korea were absent from the pledge. The IEA says that...
  • Unabated fossil fuel projects are those that do not deploy technology to absorb the carbon pollution they produce.
  • G20 nations last month agreed to end financial support for new unabated coal plants abroad.

Top oil producers to assess output amid pressure to open up the taps

The powerful producers led by Saudi Arabia and Russia in the so-called OPEC+ grouping are expected to re-affirm a decision...
  • There is pressure from the US and other big consumers to open up the taps much more decisively.
  • OPEC+ members seem to prefer to stick to their plan of easing cuts by 400,000 barrels per day per month.

Emirates to launch daily Dubai-Tel Aviv flights from Dec.6

Emirates is to start daily flights between Dubai and Tel Aviv on December 6, the airline announced, in the latest...
  • Abu Dhabi-based airline Etihad and Israeli carrier Arkia now also offer regular flights.
  • Emirates said the new service would also link Israel seamlessly with its global route network.

Saudi Arabia and UAE join calls against Sudan coup

Saudi Arabia and the UAE have joined the United States and Britain Wednesday in urging the leaders of last week's...
  • The United States has led condemnation of the military's October 25 takeover in Sudan
  • The coup interrupted a transition to democracy in which power was being shared with a civilian government

US, Iran dispute facts of last week’s tanker incident

The dispute pertains to an incident from last week involving a Vietnamese-flagged oil tanker in the Sea of Oman.
  • Iran said it had thwarted an attempt last week by the US Navy to seize the vessel carrying its oil
  • US defense officials rejected that account, and said Iranians themselves had seized the tanker and took it to Iranian waters

Iran nuclear talks to resume November 29

The indirect negotiations in Vienna come amid mounting pressure on Iran, with Western nations warning that the clerical state's nuclear...
  • Former US president Donald Trump slapped sweeping sanctions on Iran as he withdrew the United States from the deal in 2018
  • This led Tehran to take steps out of compliance with the deal through which it had been drastically scaling back sensitive nuclear work

UAE and IRENA launch $1 billion clean energy finance platform

The UAE and the International Renewable Energy Agency (IRENA) on Wednesday announced the Energy Transition Accelerator Financing (ETAF), a new...
  • The Energy Transition Accelerator Financing will aim to mobilize an additional $2 billion in energy transition investments.
  • The platform targets 1.5 GW of clean renewable energy generation and storage by 2030.

US military aircraft no longer visible at base in Qatar: satellite images

Dozens of US military aircraft are no longer on the tarmac at a major US base in Qatar, satellite images...

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Kim directs army to ‘annihilate’ S. Korea, US if they attack

North Korean leader Kim Jong Un at a meeting with the country's major commanding officers in Pyongyang on New Year's...

Israeli minister calls for return of settlers to Gaza

Israel unilaterally withdrew the last of its troops and settlers in 2005, ending a presence inside Gaza that began in...

New Year celebrations in GCC tempered by Gaza war

In Dubai and Abu Dhabi, lights and fireworks illuminated the skies as international tourists soaked up the celebratory scenes. The...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

UNSC committee adopts guiding principles on use of UAS for terrorist purposes

NEW YORK, US – The Counter-Terrorism Committee (CTC) of the UN Security Council adopted the "Abu Dhabi Guiding Principles" and...
  • The document is the first of its kind at the United Nations to address the increasing challenges posed by UAS in the context of counter-terrorism.
  • As the current chair of the Counter-Terrorism Committee, the UAE facilitated this crucial initiative, reflecting its commitment to global peace and security.

From climate action to global aid: Inside UAE’s remarkable year

Abu Dhabi, UAE -- The UAE is bidding farewell to 2023, dubbed the ‘Year of Sustainability'. From hosting the relatively...
  • UAE launched ALTÉRRA, the world’s largest private investment climate action vehicle, aimed at raising and mobilizing an additional $250bn for climate action.
  • Despite global headwinds, CBUAE projects 3.3 percent year-on-year growth projected for the UAE economy in 2024.

Sheikh Hamdan issues resolution regulating single-use products in Dubai

DUBAI, UAE -  Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive...
  • The aim of the resolution is to protect the environment, encourage people to adopt an eco-friendly lifestyle.
  • The move also aims to encourage the private sector to promote the use of recycled products.