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.

WHO adopts landmark pandemic agreement after over 3 years of negotiations

Geneva, Switzerland - The World Health Organization's member states on Tuesday adopted a landmark Pandemic Agreement on tackling future health...
  • The accord aims to prevent the disjointed responses and international disarray that surrounded the Covid-19 pandemic by improving global coordination
  • The agreement aims to better detect and combat pandemics by focusing on greater international coordination and surveillance, and more equitable access to vaccines

UAE-Morocco consortium sign $14 billion worth of energy, water infrastructure projects

Morocco on Monday signed deals with an Emirati-Moroccan consortium for energy and water infrastructure projects, which according to one of...
  • The projects aim to "strengthen both water security and energy independence" in Morocco, the signatories said in a joint statement
  • The total investment amounts to nearly 130 billion dirhams by 2030, Taqa Morocco said in a separate statement

China’s Xiaomi to invest nearly $7 bn in chips

Chinese tech giant Xiaomi will invest 50 billion yuan ($6.9 billion) in developing high-end smartphone chips, the firm's founder said...
  • Xiaomi, which sells goods from smartphones to vacuum cleaners and EVs, is one of China's most prominent consumer electronics firms.
  • Xiaomi took initial steps into semiconductors for smartphones with the launch of the firm's first in-house chip - the Surge S1 - in 2017.

Microsoft strikes deal with Elon Musk to host Grok AI

Seattle, United States - Microsoft on Monday said its business cloud servers will now host technology from xAI, days after...
  • Musk told an event hosted by Microsoft that his company's models "aspire to truth with minimal error," adding that "there's always going to be some mistakes that are made."
  • The Grok models from xAI will be available on Microsoft's Azure AI Foundry, a platform that makes hundreds of models available for paying developers to build their own AI models

Joe Biden diagnosed with aggressive prostate cancer

Former US president Joe Biden has been diagnosed with an "aggressive" form of prostate cancer that has spread to his...
  • US President Donald Trump, who has long derided political rival Biden over his cognitive abilities, said he was "saddened" by the news
  • Prostate cancer is the most common form of cancer in men, with the American Cancer Society reporting one in eight men in the US are diagnosed with it

China factory output beats forecasts, weathering tariffs

Beijing, China - Factory output in China grew at a faster rate than expected last month, official data showed Monday,...
  • Industrial production in the export powerhouse grew 6.1 percent on-year in April, according to figures published by the National Bureau of Statistics (NBS)
  • The reading was higher than the 5.7 percent forecast in a Bloomberg survey, but still lower than the 7.7 percent jump recorded for March

Trump to hold call with Putin in push for Ukraine truce

Trump also said he would speak to Ukrainian President Volodymyr Zelensky and NATO officials, expressing hope that a "ceasefire will...
  • Trump had vowed during the US election campaign to halt the conflict within a day of taking office, but his diplomatic efforts have so far yielded little progress
  • Delegations from Russia and Ukraine held direct negotiations in Istanbul last week for the first time in almost three years, but the talks ended without a commitment to a ceasefire

Israel to allow food into Gaza after two month blockade

The announcement came hours after the military said it had begun "extensive ground operations" in a newly intensified campaign in...
  • The announcement came hours after the military said it had begun "extensive ground operations" in a newly intensified campaign in Gaza
  • Last week US President Donald Trump, a critical ally, acknowledged that "a lot of people are starving", adding "we're going to get that taken care of."

Morocco to reopen embassy in Syria after Assad fall

Morocco said Saturday it will reopen its embassy Damascus, closed since 2012, signalling renewed support for Syria after the overthrow...
  • The decision was announced in a letter from King Mohammed VI to Syria's interim President Ahmed al-Sharaa
  • The letter said Morocco backed the Syrian people "in their quest for freedom, security, and stability."

A day after first direct talks between officials, Kremlin says Putin-Zelensky meeting possible only after pact

The Kremlin said Saturday a meeting between Russia's Vladimir Putin and Ukraine's Volodymyr Zelensky would be possible only after both...
  • US President Donald Trump, who has been pressing Russia to agree a 30-day unconditional ceasefire, said later in the day that he would speak by phone with Putin on Monday.
  • On Friday, the first direct talks since the spring of 2022 between Ukraine and Russia in Istanbul resulted in a concrete agreement to exchange 1,000 prisoners each

Deja vu? Trump accused of economic denial and physical decline

Washington, United States -- An aging president faces poor poll numbers and suspicions about his health but insists that America...

Latest News

China’s chip challenge: the race to match US tech

Beijing, China - China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle...

Turkey bans Oct 7 Robbie Williams concert over ‘safety concerns’

Istanbul, Turkey - Turkish authorities have banned a Robbie Williams concert scheduled for October 7 in Istanbul over "safety concerns"...

Iran says cooperation with UN nuclear watchdog ‘no longer relevant’

Iran's top diplomat said Sunday that cooperation with the United Nations nuclear watchdog was no longer relevant following the reimposition...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Hamas calls for swift hostage-prisoner swap as talks set to begin

Foreign ministers of several countries, including Egypt, said the talks were a "real opportunity" to achieve a comprehensive and sustainable...
  • The diplomatic push follows Hamas's positive response to Trump's roadmap for an end to the fighting and the release of hostages in exchange for Palestinians in Israeli jails.
  • The White House said Trump had also sent two envoys to Egypt -- his son-in-law Jared Kushner and Middle East negotiator Steve Witkoff.

Bangladesh deploys warships to protect prized hilsa fish

Dhaka, Bangladesh -- Bangladesh's defense force said it has deployed warships and patrol aircraft as part of a special surveillance...
  • The herring-like hilsa return from the Bay of Bengal to rivers each year to lay eggs.
  • Bangladeshi authorities said on Saturday they had imposed a three-week ban on fishing from October 4-25 to safeguard the spawning areas.

Bitcoin hits record high above $125,000

Tokyo, Japan -- Bitcoin reached a new record high on Sunday, rising above the $125,000 mark. The cryptocurrency reached $125,689,...
  • The cryptocurrency reached $125,689, shooting above its previous August record of around $124,500.
  • Bitcoin has enjoyed a strong upward momentum with investors cautious about the US government shutdown.