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

Biden calls Xi to ease friction in US-China ties

President Joe Biden spoke with China’s Xi Jinping on Thursday amid growing frustration on the American side that high-level engagement...
  • The White House is hopeful the two sides can work together on issues of mutual concern despite growing differences
  • The White House is hopeful the two sides can work together on issues of mutual concern — including climate change and preventing a nuclear crisis on the Korean Peninsula

US praises Taliban for Afghanistan evacuation

The United States on Thursday praised the Taliban as businesslike and cooperative in facilitating the first evacuation of Americans from...
  • A round-the-clock airlift in the final two weeks of the war shuttled more than 123,000 people
  • “The Taliban have been cooperative in facilitating the departure of American citizens and lawful permanent residents”

IMF’s SDR allocation to benefit rich MENA nations

The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves.
  • The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves
  • SDR allocations will help most vulnerable countries struggling to cope with the impact of the COVID-19 crisis

Iran mulls preferential trade agreement with Lebanon

The director-general of the Iranian Trade Promotion Organization’s Office of Arabian and African Countries has said Iran is in talks...
  • Lebanon is currently suffering under one of the world’s worst economic crises since the mid-1800s
  • The situation is such that senior economist Nasser Saidi has said hyperinflation is imminent in the country

Two decades after 9/11, Saudi Arabia seeks economic reform, softer image

Women can drive and cinemas have reopened in the "new" Saudi Arabia under crown prince and de facto ruler Mohammed...
  • Women can drive and cinemas have reopened in the "new" Saudi Arabia under crown prince and de facto ruler Mohammed bin Salman
  • MBS as crown prince is called, has brought a string of economic, social and religious changes

Islamists routed by liberal parties in Morocco

The Justice and Development Party which headed the ruling coalition for a decade saw its support collapse from 125 seats...
  • The Justice and Development Party which headed the ruling coalition for a decade saw its support collapse from 125 seats in the outgoing assembly to just 12
  • The liberal parties like the National Rally of Independents and the Authenticity and Modernity Party got 97 and 82 respectively

US defense secretary defers visit to Saudi Arabia

Austin traveled to the Gulf region earlier this week, a week after the chaotic US withdrawal from Afghanistan ended. He...
  • Austin first went to Doha with Secretary of State Antony Blinken to visit the main base for the massive airlift set up by the United States out of Kabul
  • He then traveled to Kuwait, where he met Wednesday with the country's leaders

Belt and Road Initiative in GCC: A deep dive

The relations between the Arab world and China have touched new highs particularly after China launched the Belt & Road...
  • Bilateral trade between China and GCC increased 180 percent from US$68bn in 2009 to US$190bn in 2019
  • Gulf imports from China totaled US$10 bn in clothing, textiles, and fabrics, accounting for 66 percent of Arab trade with China

Morocco polls: ‘New model of development’ in focus

King Mohammed VI will name a prime minister from the party that leads the parliamentary poll to govern for the...
  • King Mohammed VI will name a prime minister from the party that leads the parliamentary poll to govern for the next five years
  • The palace remains the source of key decisions and strategic direction in the country of 36 million people

Nuclear watchdog flays Iran for undermining monitoring

The latest report comes with diplomatic efforts to revive the 2015 nuclear deal between Iran and world powers at a...
  • The latest report comes with diplomatic efforts to revive the 2015 nuclear deal between Iran and world powers at a standstill
  • In February, Iran suspended some IAEA inspections in response to the United States' refusal to lift sanctions on Iran

UN conference on Palestinian statehood delayed: Macron

Paris, France - French President Emmanuel Macron said on Friday that next week's UN conference on a two-state solution for...

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Iran slams UN for its failure to stop Israel-Hamas war in Gaza

Iranian President Ebrahim Raisi slammed the "inefficacy" of international bodies to halt fighting between Israel and Palestinian group Hamas which...

Families of Gaza’s Christians tense due to war

Jerusalem - Khalil Sayegh lives in the United States and for days he anxiously awaited news of his family who...

Israeli evacuation diktat leaves Gaza without safe zone, says UN body

Israel's latest evacuation order for civilians in the central Gaza Strip would force them to relocate to areas "where there...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

War affects Christmas festivities in southern Lebanon

Qlayaa, Lebanon - In the Lebanese Christian border village of Qlayaa, the priest urged his parish to keep the Christmas spirit...
  • Despite the violence, the church has put up lights, a life-sized manger and is planning recitals and activities for the community's children.
  • Residents along the border are used to "difficult times", said father Antonios Farah, "but we have decided... we will celebrate Christmas as usual".

UN expresses ‘alarm’ at spreading violence in Sudan

The Council in a joint statement denounced attacks on civilians and the spread of the violence "into areas hosting large...
  • The UN called on the warring parties to allow for safe and unhindered humanitarian access
  • It said apart from the 7m internally displaced another 1.5m had fled into neighboring countries

Ukraine says it shot down three Russian Su-34 fighters

Air force commander Mykola Oleshchuk said the Su-34 jets were downed around noon on Friday. In his announcement he noted...
  • In his nightly address on Friday, President Volodymyr Zelensky thanked the soldiers who shot down the Russian fighters in the Kherson region
  • The Kremlin has not commented on the Ukrainian claims but Russian war blogger Fighterbomber said there had been losses, likely due to the Patriot missile air-defence system