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.

‘Something is rotten’: Apple’s AI strategy faces doubts

New York, United States - Has Apple, the biggest company in the world, bungled its generative artificial intelligence strategy? Doubts...
  • Doubts arose when tech analyst John Gruber criticized Apple in a blog titled "Something Is Rotten in the State of Cupertino."
  • The analyst admitted frustration for not questioning Apple's Siri genAI upgrade announced last June

Hamas says agrees to new Gaza truce proposal received from mediators but warns its weapons a ‘red line’

The talks in Doha started a day after Israeli Prime Minister Benjamin Netanyahu threatened to seize parts of Gaza if...
  • Prime Minister Benjamin Netanyahu's office confirmed it had also received a proposal from the mediators and had submitted a counter-proposal in response
  • The fragile truce that had brought weeks of relative calm to the Gaza Strip ended on March 18 when Israel resumed its bombing campaign across the territory

Saudi marks Eid al-Fitr today, other Mideast states on Monday

Saudi Arabia and some other Gulf Arab states are to celebrate the Eid al-Fitr holiday from Sunday but other Middle...
  • The United Arab Emirates and Qatar also announced Sunday would be the first day of the holiday
  • But neighbouring Oman and Jordan, as well as Shiite-majority Iran, said that Eid al-Fitr would not begin until Monday

Trump says Iran faces ‘bad, bad things’ if no nuclear deal after Tehran responds to a letter from him

"I sent them a letter just recently, and I said: you have to make a decision, one way or the...
  • Trump in 2018 pulled the United States out of an agreement to relieve sanctions on Iran in return for curbs on its nuclear program
  • Tehran has refused to negotiate directly with Washington under these circumstances, but has held out the possibility of indirect talks

Film stars blast Academy for ‘failing to defend’ Palestinian filmmaker

Los Angeles, United States - Movie stars including Joaquin Phoenix, Penelope Cruz and Richard Gere have blasted the Academy of...
  • Hamdan Ballal co-directed "No Other Land," which won best documentary at this year's Academy Awards
  • Unlike multiple other prominent filmmaker groups, the US-based Academy initially did not issue a statement

Goldwind 2024 revenue up 12.5%

The clean energy giant posted $7.8bn in revenue for 2024.
  • Net profit last year also saw growth, rising nearly 40 percent percent to 1.9 billion yuan.
  • China now dominates the global wind sector in terms of total installed capacity, aided over the years by generous strategic subsidies from Beijing.

Pro-Palestine rallies held in many countries on Quds Day

Quds (Jerusalem) Day commemorations were launched in 1979 by Ayatollah Ruhollah Khomeini, the founder of the Islamic republic, which has...
  • Crowds gathered in the streets of Tehran after supreme leader Ayatollah Ali Khamenei urged the Iranian people to protest against "the enemies' tricks".
  • Thousands also gathered in the Yemeni capital Sanaa in demonstrations described by the rebels' TV channel as "the largest in the Arab Islamic world".

‘My entire life’: Saudi tailor keeps robe-making craft alive

Hofuf, Saudi Arabia - Saudi tailor Habib Mohammed's shop once made ornate, hand-woven cloaks for royals, a time-honoured craft he...
  • He makes "bisht", a long gown which for centuries has been a status symbol, worn by kings and princes -- and ordinary men -- and could take a week of meticulous work to create
  • Now, with cheap Chinese-made robes taking a bite out of his business, 60-year-old tailor is struggling to make a profit, and his only son wouldn't take over the beleaguered shop

Iran says it has responded to Trump’s nuclear talks letter

Iran has sent a response to a letter from US President Donald Trump that called for nuclear talks and warned...
  • US Secretary of State Marco Rubio, asked by reporters on his plane over the Caribbean whether the US has received the letter, said: "I'm not going to comment on that yet."
  • He said that the United States had expected there to be a response and "obviously at that point, the president will decide what steps if he any he wants to take next".

Lawyer complains Turkish student held in US ‘abducted’

A lawyer representing a Turkish university student detained in the United States and facing deportation said Thursday that his client...
  • Earlier this week, a video surfaced on social media showing 30-year-old Rumeysa Ozturk being detained by masked, plain-clothed figures near Tufts University in Massachusetts
  • The video quickly went viral as a symbol driving the fear and anger gripping US campuses as President Donald Trump clamps down on students accused of holding extremist views

Amazon tests ‘ultra-fast’ deliveries in two US cities

San Francisco, United States - Amazon on Monday began testing "ultra-fast" deliveries in two US cities, giving some shoppers the...

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Qatar meets ICC head as it mulls legal action against Israel

Doha, Qatar -- Qatar has met with the president of the International Criminal Court as it seeks legal action against...

Egypt says stolen pharoah’s bracelet melted down, sold for $4,000

Cairo, Egypt -- Egyptian police said on Thursday they arrested a museum employee and three alleged accomplices after a priceless...

Stocks rise on $5 billion Nvidia-Intel deal, Fed rate cut

Nvidia announced a $5 billion investment in struggling US rival to jointly develop chips for PCs and data centers. The...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Dubai scores global gaming partnerships at Gamescom 2025

Dubai, UAE - Dubai Future Foundation (DFF) has signed a Memorandum of Understanding with XSOLLA, a global company that helps...
  • The partnership was signed under the framework of the Dubai Programme for Gaming 2033 (DPG33) during DFF’s participation at Gamescom 2025 in Germany last month
  • Thousands of visitors, international companies and delegations learned about Dubai’s gaming sector at the DFF-led Dubai Pavilion during Gamescom

Scientists train AI model to predict future illnesses

Paris, France - Scientists said Wednesday that they had created an AI model able to predict medical diagnoses years in...
  • Based on a patient's case history, the Delphi-2M AI "predicts the rates of more than 1,000 diseases" years into the future
  • Researchers trained the model on data from Britain's UK Biobank -- a large-scale biomedical research database with details on about half a million participants

AI to boost trade by nearly 40% by 2040: World Trade Report 2025

The 2025 edition of the World Trade Report reveals that, with the right enabling policies, artificial intelligence (AI) could boost...
  • According to the report, AI could lead to significant increases in trade and GDP by 2040, with global trade projected to rise by 34-37% across different scenarios
  • Trade can be a powerful enabler of inclusive AI -supported growth by helping economies access AI-enabling goods, such as raw materials, and semiconductors