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.

US trading partners hit back on steel, aluminum tariffs

The steep 25-percent levies came into place after midnight with no exemptions despite countries' efforts to avert them, in a...
  • Canada, which is heavily exposed to the US steel and aluminum levies, announced additional tariffs of CAN$29.8 billion ($20.7 billion) on US goods, coming into force Thursday.
  • Uncertainty over Trump's trade plans and worries that they could tip the world's biggest economy into a recession have roiled financial markets.

IMF approves additional $1.3 billion aid program for Egypt

Washington, United States - The International Monetary Fund has approved an additional $1.3 billion assistance program for Egypt under its...
  • The Fund's Executive Board also completed the fourth review of an ongoing aid program, allowing for the immediate disbursement of $1.2 billion to Cairo
  • Under the RSF, the IMF provides long-term loans to finance projects aimed at preparing countries for the effects of global warming and helping them with energy transition

Hamas confirms Gaza truce talks in Doha as Yemen’s Huthis threaten Israeli shipping over aid block

The initial phase of the truce brokered by Qatar, Egypt and the United States began on January 19, and helped...
  • The first 42-day phase of the truce deal expired in early March without agreement on subsequent stages meant to secure a lasting end to the war
  • There are differing views on how to proceed, with Hamas seeking immediate negotiations for the next phase, while Israel wants to extend the first phase

Syrian presidency announces agreement to integrate Kurdish institutions

The Syrian presidency announced on Monday an agreement with the head of the Kurdish-dominated Syrian Democratic Forces (SDF) to integrate...
  • Syria's new authorities under interim President Ahmed al-Sharaa have sought to disband armed groups and establish government control over the entirety of the country
  • The new accord, which is expected to be implemented by the end of the year, comes after days of violence in the heartland of Syria's Alawite minority

Jeddah Talks: Ukraine accepts US proposal of 30-day ceasefire with Russia

The positive response from Ukraine prompted President Donald Trump's administration to lift a freeze on military aid and to predict...
  • We'll take this offer now to the Russians and we hope they'll say yes to peace. The ball is now in their court: Marco Rubio
  • "I want to thank President Trump for the constructive conversation between our teams," says Zelensky

Hamas pushes for phase two of Gaza truce talks

Hamas said its representatives met with mediators in Cairo at the weekend, emphasizing the need for humanitarian aid to re-enter...
  • The high-level delegation also stressed the need for "moving directly to begin negotiations for the second phase" of the deal, which will lay the groundwork for a ceasefire.
  • Hamas's demands for the second phase include a full Israeli withdrawal from Gaza, an end to the blockade, the reconstruction of the territory and financial support.

Ukraine, US delegations to meet in Jeddah next week: Saudi

Riyadh, Saudi Arabia -- Saudi Arabia on Friday welcomed a meeting between the United States and Ukraine due next week...
  • Saudi Arabia last month hosted a Russian-American meeting -- the first high-level talks between the two governments since the Ukraine war began in 2022.
  • Relations between the US and Ukraine have rapidly deteriorated after an explosive meeting at the White House led to Washington cutting off military aid and intelligence sharing.

UNRWA warns Israel’s West Bank operation aligns with annexation ‘vision’

The Israeli operation, which the military says targets militants in the northern West Bank, was launched shortly after a truce...
  • Israeli forces carry out regular raids targeting militants in the West Bank, occupied since 1967, but the ongoing operation since late January is already the longest in two decades
  • Israeli Defence Minister Israel Katz has said troops would remain for many months in the evacuated camps to "prevent the return of residents and the resurgence of terrorism."

Hamas says Trump’s ‘DEAD’ threat to Gaza undermines ceasefire

"Release all of the Hostages now, not later, and immediately return all of the dead bodies of the people you...
  • Trump said later he was "sending Israel everything it needs to finish the job" as his administration expedites billions of dollars in weapons.
  • "These threats complicate matters regarding the ceasefire agreement and encourage the occupation to avoid implementing its terms," said Hamas spokesman Hazem Qasim.

Arab leaders propose Gaza reconstruction under Palestinian Authority, reject Trump’s takeover plan

The prospect of the Palestinian Authority (PA) governing Gaza remains far from certain, however, with Israel having ruled out any...
  • Tuesday's Arab League summit in Cairo offered an alternative with the adoption of a "comprehensive Arab plan."
  • It announced the establishment of a trust fund to pay for the territory's reconstruction, and urged the international community to back it

The tiring task of repairing Gaza’s tattered banknotes

Nuseirat, Palestinian Territories - With a pot of glue, a blade and a keen eye, Manal al-Saadani repairs tattered banknotes...

Latest News

Turkey court tries case that could oust opposition leadership

Tens of thousands of people protested in Ankara ahead of a key court hearing Monday targeting Turkey's main CHP opposition...

As King Charles hosts Trump, what do UK state visits entail?

London, United Kingdom - US President Donald Trump arrives in the UK late Tuesday for a state visit with his...

Spain PM ‘proud’ of pro-Palestinian protests at Vuelta

Spanish Prime Minister Pedro Sanchez on Sunday said pro-Palestinian protests that have rocked the Vuelta a Espana filled him with...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Over 1.4 billion accounts hacked monthly worldwide: Cyber Security Council

Abu Dhabi, UAE --  The UAE Cyber Security Council (CSC) has warned of growing risks linked to users’ digital footprints,...
  • The council said every login, post or interaction online leaves a trace that can be exploited.
  • The CSC cautioned that weakly secured data can lead to privacy violations, account takeovers, phishing and even identity theft.

Palestinians flee Gaza City under Israeli bombardment

Gaza City, Palestinian Territories -- Palestinian families streamed out of Gaza City on Sunday, some crammed into pick-up trucks, others...
  • A man in a wheelchair and another on crutches were among the long line of people heading south under Israeli military orders.
  • The military has issued multiple evacuation warnings for Gaza City, but many residents have told AFP they have nowhere else to go.

Airbus, Leonardo and Thales reported moving towards European space firm

Rome, Italy -- European aerospace firms Airbus, Leonardo and Thales could seal an accord this year to set up a...
  • The three firms want to set up a satellite production entity to rival Elon Musk's SpaceX and growing low-cost competition from China and other countries.
  • Roberto Cingolani, head of Italy's Leonardo aerospace and defense giant, said in June that an accord could be taken by July, but the deadlines have been pushed back.