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

Meetings with Syria should translate into projects: Jordan PM

He said the projects should benefit the two countries and cement a historical brotherhood bonding them.
  • A Syrian delegation in Jordan has held a series of meetings with its Jordanian counterparts over the course of two days
  • It reviewed the outcome of discussions with the Jordanian ministers in the areas of transport, intra-trade, water, agriculture and energy

Kuwait, China keen on institutional framework

The Consul General of Kuwait in Shanghai, Mishal Al-Shamali, during a meeting with Shanghai Deputy Mayor Zhong Ming, said that...
  • The framework is needed to start implementing the agreements concluded between the two countries
  • This will help develop and strengthen bilateral ties between Kuwait and China in the upcoming years

Kuwait plans customs virtual corridor with Abu Dhabi

The customs departments of Kuwait and Abu Dhabi are planning to form a virtual corridor.
  • The move is expected to bolster bilateral trade ties
  • A deal over the matter may be sealed shortly

Jordan to fully reopen Syria crossing this week

The crossing was closed nearly two months ago due to fighting in Syria’s southern province of Daraa.
  • The Jaber-Nasib crossing is Jordan’s main gateway for goods from Lebanon and Syria to the Arab Gulf countries
  • It is expected to operate at full capacity as of Wednesday, September 28

France slashes visas for Algeria, Morocco, Tunisia in migrant row

Paris accuses the former colonies of not doing enough to allow illegal immigrants to return. Immigration is shaping up to...
  • Macron has ordered the number of visa deliveries to Algeria and Morocco to be halved from 2020 levels, and by a third for Tunisia.
  • France granted a record number of visas -- 275,000 -- to Algerians in 2019 and rejected 7,731 requests in the first six months of 2021.

Lebanon reforms will get foreign aid flowing: UNSC

The common belief in the international community is that the reason behind Lebanon’s economic crisis is corruption and misgovernance. Thus,...
  • The UNSC has said in its statement that these reforms would help the masses suffering from the economic crisis and the resulting shortages
  • It added that the reforms would also ‘ensure effective international support’

After Brussels dialogue, European Union welcomes reforms in Saudi Arabia

DUBAI: The European Union Tuesday welcomed the reforms taking place in Saudi Arabia and noted that "significant steps" have been...
  • The EU and the kingdom held the first-ever Human Rights Dialogue in Brussels on Monday.
  • Significant steps have been taken to advance women's rights in Saudi Arabia, the EU said.

Iran’s nuclear program has crossed ‘all red lines’: Israel PM

In his first address to the United Nations General Assembly, Bennett claimed the Islamic republic had in recent years taken...
  • In his first address to the United Nations General Assembly, Bennett claimed the Islamic republic had taken "a major leap forward" in its nuclear production capacity
  • Iran responded rapidly, with its ambassador to the UN, Majid Takht Ravanchi, saying on Twitter that Bennett's speech was "full of lies."

Greatest shows on earth: How expos changed the world

International expos, or world fairs, draw millions of visitors to a chosen city every few years. Over two centuries these...
  • The first universal exposition took place in Paris in 1798 to show off French industrial know-how.
  • The record is held by the Chinese city of Shanghai, which drew 73 million visitors in 2010.

Tunisia FM tells UN emergency measures to ensure ‘democracy’

Jerandi said Saied took the "exceptional measures" to put the country "back on track to respect the principles of democracy."
  • Jerandi said Saied took the "exceptional measures" to put the country "back on track to respect the principles of democracy."
  • Saied on July 25 sacked prime minister Hichem Mechichi, suspended parliament and granted himself judicial powers

Trump pocketed over $57 mn from crypto coin sales

New York, United States -- US President Donald Trump pocketed more than $57 million from token sales by the crypto...

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Acute hunger, healthcare collapse worsen Gaza crisis

The situation in Gaza is a humanitarian catastrophe, with hospitals like Al-Shifa and Al-Sahaba facing dire shortages of medical supplies...

Displaced women in Gaza recount lives disrupted by war

GAZA, PALESTINIAN TERRITORIES-  A relentless Israeli military campaign, in response to deadly Hamas attacks on October 7, has upset the...

Makkah, Morocco’s Beni Mellal-Khenifra Chambers of Commerce ink pact

MAKKAH, SAUDI ARABIA - The Makkah Chamber of Commerce and Industry and the Chamber of Commerce, Industry, and Services of...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Russia extends ban on entry of trucks from EU, UK, Norway, Ukraine

MOSCOW, RUSSIA - The Russian government has extended the ban on the entry of trucks from the European Union, the...
  • “The restriction will remain in effect until the circumstances that served as the basis for its introduction are eliminated,” the Russian Cabinet said.
  • The ban was introduced in 2022 as a response to the EU’s decision not to allow trucks with Russian and Belarusian license plates through.

UN General Assembly approves US$3.59bn budget for 2024

NEW YORK, US - The United Nations General Assembly (UNGA) approved a US$3.59 billion budget for 2024, including establishing a...
  • The UNGA approved around US$50 million as an additional funding for UN Human Rights Council.
  • UNGA revealed that it established a multiannual private account for peacemaking and it is used for funding UNPBF.

Gaza toll 20,674 as Netanyahu vows to intensify fighting in coming days

The Gaza health ministry said an Israeli strike late Sunday killed at least 70 people in Al-Maghazi refugee camp, in...
  • The World Health Organization said it led missions to barely functioning hospitals in northern Gaza, describing starving people stripping an aid truck of supplies.
  • Pope Francis deplored "the desperate humanitarian situation" of Palestinians in Gaza, calling for an immediate ceasefire and the freeing of hostages.