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.

Gaza rescuers say Israel fire near aid centre kills 31

The Gaza civil defence agency said Israeli forces opened fire on people waiting to enter a US-backed food distribution centre...
  • There have been a series of deadly shootings since the Gaza Humanitarian Foundation (GHF) first opened aid distribution points in the Palestinian territory on May 27
  • The UN Office for the Coordination of Humanitarian Affairs said on Tuesday that "Israeli military operations have intensified in recent days, with mass casualties reported."

Iran says to target US bases if conflict breaks out

"All its bases are within our reach, we have access to them, and without hesitation we will target all of...
  • Tehran and Washington have held five rounds of talks since April to thrash out a new nuclear deal to replace the 2015 accord
  • Since returning to office in January, Trump has revived his "maximum pressure" campaign on Tehran, backing nuclear diplomacy but warning of military action

Turkey to export 48 fighter jets to Indonesia, deal valued at 10 billion dollars

Turkey's defence sector, including the famous Bayraktar drones, accounts for a significant share of the country's export revenues.
  • Turkey's defence sector, including the famous Bayraktar drones, accounts for a significant share of the country's export revenues
  • The contract, valued at 10 billion dollars, includes the production and delivery of the Kaan fighter jets to Indonesia over a ten-year period

Nvidia marks Paris tech fair with Europe AI push

Paris, France -- Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday...
  • Nvidia boss Jensen Huang also lso announced a multi-billion-dollar partnership with French AI champion Mistral AI.
  • The US firm's tie-up with Mistral will see the companies build a cloud computing platform powered by 18,000 of Nvidia's "Blackwell" high-end chips worth billions.

Trump touts ‘done’ deal with Beijing on rare earths, Chinese students

Trump said on his Truth Social platform that China would supply rare earth minerals and magnets -- vital elements for...
  • Washington was concerned at slower supplies of rare earths after Beijing began requiring domestic exporters to apply for a license -- seen as a response to US tariffs.
  • Rare earths are used in everything from electric vehicles to hard drives, wind turbines and missiles.

EU tells Israel to reverse move to cut off Palestinian banks

Brussels, Belgium -- The EU on Wednesday urged Israel to undo a move by a far-right minister that threatens to...
  • Israeli finance minister Bezalel Smotrich announced Tuesday that Israel had cancelled a waiver allowing its banks to work with Palestinian ones.
  • The Palestinian financial and banking system is dependent on the regular renewal of the Israeli waiver.

Sharjah’s real estate sector records $1.49bn in transactions during May

Sharjah, UAE --  Sharjah's real-estate market during May 2025 recorded a total of 8,415 transactions worth AED 5.5 billion.  Of...
  •  Of these, 1,574 were sales transactions, accounting for 18.7% of the total, a clear indicator of increasing demand for real estate.
  • Mortgage activity remained strong, with 381 mortgage transactions, representing 4.5% of all transactions and totaling more than AED1.1 billion in value.

Australia reach World Cup as Palestinian dreams of a first appearance end

Australia qualified for next year's World Cup in North America while Oman ended Palestine's hopes of a first appearance at...
  • Saudi Arabia must instead make do with a place in the fourth round, alongside Indonesia
  • Iran and Uzbekistan are already through to next year's finals from Group A

Tehran readies counter-proposal as Iran-US nuclear talks set to resume Sunday in Muscat

Iran has said it will present a counter-proposal to the latest draft from Washington, which it had criticised for failing...
  • It came as European powers and the United States submitted a censure motion to the UN's nuclear watchdog in an effort to ramp up pressure on Iran
  • Iran has said it will present a counter-proposal to the latest draft from Washington, which it had criticised for failing to offer sanctions relief

Israel deports Greta Thunberg after intercepting Gaza-bound aid boat

Tel Aviv, Israel - Campaigner Greta Thunberg arrived home in Sweden late Tuesday, after Israel detained her and other activists aboard...
  • Of the 12 activists on board the Madleen, which was carrying food and supplies for Gaza, four including Thunberg agreed to be deported immediately
  • The remaining eight were taken into custody after they refused to leave Israel voluntarily, and brought before a detention review tribunal on Tuesday

Lebanese, Israeli officials discuss Hezbollah disarmament, security in border areas: PM office

Israel said a Friday meeting involving civilian and military representatives from both Lebanon and Israel was part of broader efforts...

Latest News

OpenAI announces Broadcom deal as spending spree continues

OpenAI, the company behind ChatGPT, announced Monday it is teaming up with chip giant Broadcom to design and build its...

Nobel economist warns of AI dangers amid “amazing possibilities”

Washington, United States - A winner of this year’s Nobel prize in economics warned Monday that artificial intelligence offers "amazing...

As Trump mulls imposing additional 100% tariff, China says will ‘fight to the end’ in trade war

China said on Tuesday it was ready to "fight to the end" in a trade war with the United States...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Trump hails ‘tremendous day for Middle East’ as leaders sign Gaza declaration

As part of Trump's plan to end the Gaza war, Hamas on Monday freed the last 20 surviving hostages it...
  • In exchange, Israel released 1,968 mostly Palestinians held in its jails, its prison service said.
  • In the occupied West Bank city of Ramallah, huge crowds gathered to welcome home the first buses carrying the released Palestinians.

AI or inequality tipped for economics Nobel

Stockholm, Sweden - The Nobel economics prize wraps up the 2025 season when it is announced on Monday, as experts...
  • Last year it went to Turkish-American Daron Acemoglu and British-Americans Simon Johnson and James Robinson for research into wealth inequality between nations
  • For Micael Dahlen, a professor at the Stockholm School of Economics, it is important to look at the disciplines recognised in previous years

Trump says may warn Putin Ukraine could get Tomahawks if Russia doesn’t end invasion

US President Donald Trump said Sunday he may warn Russian counterpart Vladimir Putin that Ukraine could get Tomahawk cruise missiles...
  • Trump has been mulling potential supplies of the long-range missiles to Kyiv via European allies since his meeting with Putin in Alaska in August failed to produce a peace deal
  • The US leader said Ukrainian President Volodymyr Zelensky had asked for Tomahawks when they were discussing a fresh supply of weapons for Kyiv in a call on Saturday