INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

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.

Iran tells mediators it won’t negotiate ‘while under attack’: official

Mediators Qatar and Oman were told by Iran that Tehran "will not negotiate while under attack", an official briefed on...
  • Israel unleashed a punishing fresh barrage of strikes across Iran in a third day of exchanges Sunday
  • The latest conflict marked the first time the two sides have traded fire with such intensity

Trump due in Canada as G7 confronts Israel-Iran crisis, may consider joint stance

Trump has praised Israel's strikes, noting it used US weapons, even though Prime Minister Benjamin Netanyahu defied his public calls...
  • The three-day gathering in the mountain town of Kananaskis marks the return to the international diplomatic calendar of Trump
  • Canadian Prime Minister Mark Carney had designed an agenda aimed at minimizing disagreements within the club of wealthy industrial democracies

Israel pounds Iran from west to east in deepest strikes yet, Tehran police headquarters hit

Israel's military said its air force hit Mashhad airport in Iran's far east, making it the longest-range strike of the...
  • With no let-up in sight, Iran said it would begin opening mosques, metro stations and schools to serve as makeshift bomb shelters for civilians.
  • As Israel targeted sites across the Islamic republic, Iran launched a barrage of missiles aimed at Israel in the afternoon, setting off air raid sirens in Jerusalem and elsewhere.

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...
  • Federal financial disclosure forms released by the White House list the US president's holdings including stocks, dividends, real estate and investment portfolios.
  • Once hostile to the crypto industry, Trump has since returning to power enthusiastically embraced the sector, taking significant steps to clear regulatory hurdles.

‘Nothing left’: Israelis grapple with damage from Iran strike

Bat Yam, Israel -- A shocked Julia Zilbergoltz said she had never experienced anything like the Iranian missile strike that...
  • In Israel's north, four people were killed earlier when a strike hit the town of Tamra, taking to 13 the death toll in the country since the start of the attacks began on Friday.
  • Israeli television channels broadcast footage of devastation from four sites where missiles struck in the early hours of Sunday.

Tens of thousands dressed in red rally in Dutch protest for Gaza

Rights groups such as Amnesty International and Oxfam organized the demonstration through the city to the International Court of Justice,...
  • "More than 150,000 people here dressed in red just want concrete sanctions to stop the genocide in Gaza," said Michiel Servaes, director of Oxfam Novib.
  • A previous protest in The Hague on May 18 drew more than 100,000 people, according to organizers, who described it as the country's largest demonstration in 20 years.

MENA brief Jun 15: Erdogan warns of ‘devastating war’, Gaza internet restored

Iran announced it will scale back cooperation with the International Atomic Energy Agency (IAEA), expressing deep dissatisfaction over what it...
  • With strategic ties to both Iran and the United States, Baghdad is engaging both capitals in a bid to maintain its neutral stance.
  • The UAE's Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan has engaged in telephone diplomacy with several counterparts, focusing on regional de-escalation.

Boeing lowers 2044 global air fleet outlook amid supply chain woes

New York, United States -- The global commercial aviation fleet will stand just under 50,000 planes in 2044, with most...
  • The global commercial aviation fleet will stand just under 50,000 planes in 2044, with most built over the next 20 years, according to a Boeing forecast released Saturday.
  • The global fleet will nearly double to 49,600, a bit below Boeing's prior annual outlook, the company said ahead of the giant Paris Air Show beginning Monday.

OpenAI enlists iPhone designer to create ideal device for using AI

New York, United States -- ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget...
  • ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget for using generative artificial intelligence (AI).
  • Sharing no details, OpenAI chief executive Sam Altman said that a prototype Ive shared with him "is the coolest piece of technology that the world will have ever seen."

UK moving assets, jets, to Middle East amid Iran crisis, says Starmer

Britain is deploying assets, including fighter jets, to the Middle East amid tensions between Iran and Israel, UK Prime Minister...
  • The UK leader said he had spoken with both US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu
  • The UK leader said his talk on Friday with Netanyahu had been "good and constructive" and had "included discussions about the safety and security of Israel."

Zelensky says US mooted direct Ukraine-Russia talks on ending war in Miami

Ukrainian President Volodymyr Zelensky said on Saturday that Washington had proposed the first face-to-face negotiations between Ukraine and Russia in...

Latest News

Israel threatens to resume fighting if Hamas does not respect Gaza ceasefire deal

The statement from Defence Minister Israel Katz's office came after Hamas handed over the remains of two more deceased hostages,...

Israel returns 45 Palestinian bodies to Gaza authorities

Under the deal pushed by US President Donald Trump and aimed at ending the two-year Gaza war, Israel was to...

Spotify, Netflix sign deal to stream video podcasts

Stockholm, Sweden -- Music and video streaming giants Spotify and Netflix have penned a deal to bring several video podcasts...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Asian markets rally as Fed cut hopes trump trade war fears

Stocks jumped Wednesday as trade war fears were overshadowed by comments from Federal Reserve boss Jerome Powell that suggested the...
  • After a volatile couple of days characterised by a fresh flare-up in China-US tensions, investors took the opportunity to jump back into the market and resume a months-long rally
  • Powell has for most of the year walked a fine line between trying to keep a cap on US inflation while also supporting the labour market, even as he faced abuse from President Trump

Trump says ‘will disarm’ Hamas: ‘It will happen quickly and perhaps violently’

Trump's comments came the day after he swung through the Middle East to celebrate the Gaza ceasefire deal, with questions...
  • Trump's comments came the day after he swung through the Middle East to celebrate the Gaza ceasefire deal, with questions swirling about the next phases of the agreement
  • Hamas has so far refused to disarm despite it being a key part of the next phase of Trump's 20-point plan for a ceasefire and longer-term peace agreement in the Middle East

Wed by app: Abu Dhabi launches virtual marriage for all

Dubai, United Arab Emirates -- Couples from anywhere in the world can now get married using the Abu Dhabi government's...
  • The idea of online marriage is still in its infancy, with Ukraine launching a service last year allowing couples separated by war to tie the knot using its government app.
  • The United Arab Emirates experimented with allowing online ceremonies for people living in the country during the Covid-19 pandemic.