INSEAD Day 4 - 728x90

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Agthia profit, dividend jump

Transformation lifts earnings, cash generation.

Gazans fear renewed displacement after Israeli strikes

Residents say the strikes have targeted neighborhoods east of the so-called Yellow Line -- a demarcation established under the truce...

Meta’s AI talent war raises questions about strategy

New York, United States -- Mark Zuckerberg and Meta are spending billions to recruit top artificial intelligence talent, triggering debates...
  • OpenAI CEO Sam Altman recently complained that Meta has offered $100 million bonuses to lure engineers away from his company.
  • Several OpenAI employees have accepted Meta's offers, prompting executives at the ChatGPT maker to scramble to retain their best talent.

Saudi Arabia to host Italian Super Cup in December

Rome, Italy -- Next season's Italian Super Cup will be played for the fourth time in Saudi Arabia but in...
  • "The dates for the Super Cup are December 18 and 19 for the semi-finals, and the 22 for the final," said Lega Serie A boss Ezio Simonelli.
  • "We don't yet know where these matches will be played, either in Riyadh or Jeddah. The choice will be made by the Saudis. I would be more in favor of Jeddah," he added.

Trump administration threatens new Harvard cuts over Jewish rights

New York, United States - The Trump administration on Monday accused Harvard of violating the civil rights of its Jewish...
  • Harvard has been at the forefront of Donald Trump's campaign against top universities after it defied his calls to submit to oversight of its curriculum
  • Trump and his allies claim that Harvard and other prestigious US universities are unaccountable bastions of liberal, anti-conservative bias and anti-Semitism

British FM David Lammy in Turkey to bolster trade ties

Britain's top diplomat David Lammy held top-level talks in Ankara Monday that touched on developments in the Middle East and...
  • It was the first official visit by the British foreign secretary who took office a year ago, and held talks with his Turkish counterpart Hakan Fidan and President Erdogan
  • Speaking after the talks, Fidan said the pair discussed the 12-day Iran-Israel war that ended nearly a week ago, and the importance of shoring up the ceasefire

‘In our blood’: Egyptian women reclaim belly dance from stigma

As belly dancing gains popularity internationally, young Egyptian performers are working to restore its reputation at home, pushing back against...
  • Once iconic figures of Egypt's cinematic golden age, belly dancers have watched their prestige wane, their art increasingly confined to nightclubs and wedding halls
  • "No woman can be a belly dancer today and feel she's truly respected," said Safy Akef, an instructor and great-niece of dance legend Naima Akef

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,...
  • The swift resolution of Israel's 12-day war with Iran has revived hopes for a halt to the fighting in Gaza, where over 20 months of combat have created dire humanitarian conditions
  • US President Trump has recently urged Israel to "make the deal in Gaza", while key mediator Qatar said that "momentum" had been created by the truce with Iran last week

Iran decries ‘destructive’ conduct by IAEA chief

"The action taken by parliament members... is a natural response to the unjustified, unconstructive, and destructive conduct of the Director...
  • On Wednesday, Iranian lawmakers voted in favor of a  bill to suspend cooperation with the IAEA, citing Israel's June 13 attack on the Islamic republic and later strikes by the US.
  • Iran has also criticized the watchdog for passing a resolution on June 12 accusing it of non-compliance with its nuclear obligations.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.
  • The Amsterdam-based company was an early pioneer of digital navigation in cars, but has been struggling as people no longer use a separate device to move around..
  • TomTom announced in a statement that it was "realigning its organization as it embraces artificial intelligence", resulting in "organizational changes".

Meta spending big on AI talent but will it pay off?

New York, United States - Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up...
  • OpenAI boss Sam Altman recently lamented that Meta has offered $100 million bonuses to engineers who jump to Zuckerberg's ship, where hefty salaries await
  • A few OpenAI employees have reportedly taken Meta up on the offer, joining Scale AI founder and former chief executive Alexandr Wang at the Menlo Park-based tech titan

Iran-Israel war opens ‘new road’ for Mideast: US envoy to Turkey

The Iran-Israel war has opened the way to a "new road" for the Middle East in which Turkey will have...
  • "The Middle East is ready to have a new dialogue, people are tired of the same old story," he said, saying it was essential for decades-long enmities to be reframed
  • Barrack also said he believed there would be a ceasefire soon in the deadly Gaza war which would also speed up a shift in regional thinking

Gazans fear renewed displacement after Israeli strikes

Residents say the strikes have targeted neighborhoods east of the so-called Yellow Line -- a demarcation established under the truce...

Latest News

Global trade system ‘at risk of derailment’: UN chief

Geneva, Switzerland -- The rules-based international trade system is in danger, UN chief Antonio Guterres warned Wednesday, amid spiraling debt,...

ICJ says Israel obliged to allow aid into Gaza as Turkey, Qatar move to protect truce

The ICJ ruling came as aid groups scrambled to scale up much-needed humanitarian assistance into Gaza, seizing upon a fragile...

OpenAI unveils search browser in challenge to Google

San Francisco, United States - ChatGPT-maker OpenAI on Tuesday announced an "Atlas" search browser, leveraging its artificial intelligence prowess in...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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JD Vance voices ‘great optimism’ for Gaza truce on Israel visit, meeting with Netanyahu today

Despite concerns in Israel that Hamas has seized on the pause to reassert itself in Gaza, Vance said Washington would...
  • Despite concerns in Israel that Hamas has seized on the pause to reassert itself in Gaza, Vance said Washington would not set a deadline for the group to disarm
  • That came after US President Donald Trump warned that allied nations in the region would invade Gaza to wipe out Hamas if it failed to comply with the truce

World Bank estimates Syria reconstruction costs at $216 billion

"The conflict has damaged nearly one-third of Syria’s pre-conflict gross capital stock, with direct physical damages to infrastructure, residential buildings, and...
  • Among the categories assessed, infrastructure was the hardest hit, accounting for 48 percent of total damage, equivalent to $52 billion.
  • The report estimates costs of physical assets to range between $140 billion and $345 billion, "with a conservative best estimate" of $216 billion.

Jane Birkin’s Hermes handbag up for auction in Abu Dhabi

Paris, France -- A Hermes handbag once belonging to Jane Birkin will be auctioned in Abu Dhabi on December 5,...
  • Nicknamed the "Birkin Voyageur", the estimated value of the late actor's black leather bag hovers between $230,000 and $430,000.
  • Gifted to Birkin by Hermes in 2003, it is one of four the celebrity owned after auctioning the original to raise money for an AIDS charity in 1994.