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.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.
  • Last week, UK fintech Wise, specializing in international money transfers, said it plans to shift its primary listing from London to New York.
  • For California-based Qualcomm, the acquisition will help boost its AI infrastructure amid soaring demand for the technology.

Leaders warn race for minerals could turn seabed into ‘wild west’

Growing anxiety over Trump's unilateral push to fast-track deep-sea mining in international waters shot to the surface at the opening...
  • The number of countries opposed to seabed mining rose to 36 on Monday, according to a tally kept by the Deep Sea Conservation Coalition, an umbrella group of NGOs.
  • Trump was not among the roughly 60 heads of state and government in Nice but his specter loomed large as leaders defended the global multilateralism he has spurned.

MENA Mergers & Acquisitions deal value up 66% in Q1, hits $46 Billion

Dubai, UAE -- The Middle East and North Africa (MENA) region has kicked off 2025 with a record-breaking first quarter...
  • According to Saudi M&A Consulting, this robust growth reflects rising investor confidence, favorable regulatory reforms, and strong macroeconomic fundamentals across the region.
  •  Cross-border M&A accounted for 81 percent of total deal value and 52 percent of the total number of transactions, with 117 deals executed, the highest in the last five years.

US, China seek to extend trade truce with London talks

After a round of talks in Geneva last month, the United States and China will sit down at the negotiating...
  • US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer will lead the US delegation
  • Chinese Vice Premier He Lifeng - who led Beijing's negotiating team in Geneva - will also lead the team in London, the foreign ministry announced at the weekend

NATO learns as Ukraine’s Operation Spider’s web changes battlefield: NATO Commander

Brussels, Belgium - Ukraine's "creativity", including its massive "Spider's web" drone attack deep inside Russia, holds profound lessons for Western...
  • Vandier said the operation showed how crucial innovation and adaptation were for victory, as modern warfare changes at lightning speed
  • "We are entering a dynamic era where armies must rely on both major planning but also adaptive planning," the navy commander said

Israel says Gaza-bound activist boat carrying Greta Thunberg redirected

The Madleen departed from Italy on June 1 to bring awareness to food shortages in Gaza, which the United Nations...
  • In a statement, the coalition said the Israeli military intercepted the Madleen around 3:02 am CET (0102 GMT) just off the coast of Gaza
  • Israel's foreign ministry said it had redirected the boat towards Israeli shores, and expected those onboard to return to their home countries

UN summit to tackle ’emergency’ in world’s oceans

Nice, France - A global summit on the dire state of the oceans kicks off Monday in France, with calls...
  • The appeal for unity comes as nations tussle over a global plastics pollution treaty, and the United States sidesteps international efforts to regulate deep-sea mining
  • On the eve of the summit, Brazil's President Luiz Inacio Lula da Silva said that leaders must act now: "The planet can no longer tolerate broken promises."

US aerospace manufacturers insist they have no use for tariffs

New York, United States -- US airlines and aerospace manufacturers insist they have no use for tariff protections, warning that...
  • US aerospace and defense exports reached $135.9 billion in 2023, including $113.9 billion for civil aviation alone.
  • This allowed the sector to generate a trade surplus of $74.5 billion and to invest $34.5 billion in research and development.

Iran says no sanctions relief in US nuclear proposal

Tehran, Iran -- Iran's parliament speaker said on Sunday that the latest US proposal for a nuclear deal does not...
  • Parliament speaker Mohammad Bagher Ghalibaf called it a sign of dishonesty, accusing the Americans of seeking to impose a "unilateral" agreement that Tehran would not accept.
  • "The delusional US president should know better and change his approach if he is really looking for a deal," Ghalibaf said.

Israel says to block Gaza-bound aid boat carrying Greta Thunberg

I have instructed the military to prevent the Madleen flotilla from reaching Gaza," Israeli Defense Minister Israel Katz said in...
  • Aboard the boat are nationals of Germany, France, Brazil, Turkey, Sweden, Spain and the Netherlands.
  • In May, another Freedom Flotilla ship, the Conscience, reported coming under drone attack.

Egypt says $35 billion Israel gas deal ‘commercial’, not ‘political’

Under the agreement, Israel will increase the total volume of gas supplied to Egypt to 130 billion cubic meters, according...

Latest News

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...

As Trump heads to the region for peace summit, Hamas, Israel set for hostage and prisoner exchanges

Trump's lightning visit to Israel and Egypt aims to celebrate his role in brokering last week's ceasefire and hostage release...

Hamas will not govern post-war Gaza: Hamas source close to negotiating committee

Doha, Qatar -- A Hamas source close to the group's negotiating committee told AFP on Sunday that it will not...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Tunisian activists urge closure of factory units after poisonings

Tunis, Tunisia -- Activists in Tunisia on Sunday called for the closure of facilities at a chemical factory in Gabes,...
  • The emissions from the state-run fertilizer factory have caused dozens of poisoning cases, primarily affecting local children, sparking local protests.
  • Tunisian President Kais Saied said on Saturday he had dispatched an emergency team from the energy and environment ministries to monitor the situation closely.

Qantas: stolen data from 5.7 million customers leaked online

Sydney, Australia -- Australian airline Qantas said Sunday that data from 5.7 million customers stolen in a major cyberattack in...
  • Qantas said in July that hackers had targeted one of its customer contact centers, breaching a computer system used by a third party.
  • They secured access to sensitive information such as customer names, email addresses, phone numbers and birthdays, the blue-chip Australian company said.

UAE edge closer to World Cup after beating Oman

Doha, Qatar -- The United Arab Emirates moved to within a match of their second World Cup appearance with a...
  • The Emiratis, who last appeared at a World Cup in 1990, were made to work for their win, when late goals from Meloni and Lucas sealed the three points at Jassim Bin Hamad stadium.
  • The UAE now sit top of Group A heading into the final round of matches on Tuesday, when victory against at Qatar would secure a first World Cup appearance in three decades.