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.

Iran’s Khamenei: US plan to displace Gazans ‘will go nowhere’

Tehran, Iran - Iran's supreme leader Ayatollah Ali Khamenei on Tuesday dismissed a proposal by the United States to displace Palestinians...
  • Khamenei made the remarks during a meeting in Tehran with Ziyad al-Nakhalah, leader of the Palestinian militant group Islamic Jihad
  • US President Donald Trump this month proposed a plan for a US takeover of the war-battered Gaza Strip and its Palestinian inhabitants to be relocated elsewhere

More than one million Syrians return to their homes: United Nations

Geneva, Switzerland -- More than one million people have returned to their homes in Syria after the overthrow of Bashar al-Assad,...
  • The returnees include 280,000 Syrian refugees and more than 800,000 people displaced inside the country.
  • Syria's war has killed more than half a million people and displaced millions from their homes.

Netanyahu commits to Trump’s Gaza plan as Rubio seeks Arab backing in Saudi talks

In a statement on Monday, Israeli Prime Minister Benjamin Netanyahu said he was "committed to US President Trump's plan for...
  • Arriving in the kingdom after talks in Israel, Secretary of State Marco Rubio - on his first visit to the Middle East - met Crown Prince Mohammed bin Salman
  • A Saudi source had earlier told AFP that Riyadh would host a regional summit later this week "to discuss Arab alternatives" to President Donald Trump's plan for Gaza

Saudi Arabia’s sports fund invests in DAZN streaming service

Paris, France - Saudi Arabian sports investment fund SURJ, linked to the kingdom's sovereign wealth fund, has acquired a minority stake...
  • SURJ, originally named SRJ, was established in August 2024 by Saudi Arabia's Public Investment Fund (PIF) "to invest in acquiring and creating new sports events
  • SURJ and DAZN will work closely to establish DAZN MENA, a joint venture that will unlock new broadcasting opportunities for Saudi Arabia's growing sports sector

Cyprus and Egypt sign deal to process, export gas to Europe

Nicosia, Cyprus -- Cyprus and Egypt on Monday signed an agreement with an energy consortium to export gas from the Mediterranean...
  • The gas will be transported and processed in Egypt at "existing Zohr facilities to be then liquefied in the Damietta (liquified natural gas) LNG plant for export to European market
  • Europe has been seeking alternative sources of natural gas since Russia invaded Ukraine almost three years ago.

War-weary Gazans reel from ‘500 days of humiliation’

Gaza City, Palestinian Territories -- For 500 days since an unprecedented Hamas attack on Israel triggered the Gaza Strip's deadliest war,...
  • The United Nations has said more than $53 billion will be required to rebuild Gaza and end the "humanitarian catastrophe" that has gripped the territory.
  • The Israeli military campaign by land, air and sea has killed at least 48,284 people in Gaza, the majority of them civilians.

Trump’s aid freeze could cause millions more AIDS deaths: UN agency

Addis Ababa, Ethiopia - President Donald Trump's decision to suspend US overseas funding could result in millions more deaths from AIDS,...
  • The United States is the world's largest provider of official development assistance, with most funds directed through the United States Agency for International Development
  • Trump ordered the bulk of US foreign assistance to be frozen for three months on returning to office in January, leaving global humanitarians scrambling to deal with the fallout

Netanyahu and Rubio align on aggressive strategies toward Hamas and Iran in Jerusalem talks.

US Secretary of State Marco Rubio and Israeli Prime Minister Benjamin Netanyahu have pledged to "open the gates of hell"...
  • The pledges came during a joint address to reporters in Jerusalem, where Rubio began his first Middle East trip as secretary of state in President Donald Trump's new administration
  • "Hamas cannot continue as a military or a government force... they must be eliminated," Rubio said of the Palestinian group that fought Israel for more than 15 months

Sisi discusses Middle East peace with World Jewish Congress chief

Cairo, Egypt -- Egyptian President Abdel Fattah al-Sisi told the head of the World Jewish Congress Ronald Lauder on Sunday that...
  • During his meeting with Lauder in Cairo on Sunday, Sisi called for starting the reconstruction of war-battered Gaza "without displacing its residents from their land".
  • "The establishment of a Palestinian state... is the only guarantee to achieve lasting peace," Sisi told Lauder on Sunday.

BRICS summit planned for July in Rio, says current chair Brazil

Rio de Janeiro, Brazil - Leaders of the countries known as BRICS will hold a summit in Rio de Janeiro in...
  • Brazilian Foreign Minister Mauro Vieira said that the summit will be held July 6-7 and feature leaders of 20 countries with full or associate status in the bloc
  • The BRICS group has expanded significantly since its inception in 2009, and now includes countries such as Iran, Egypt and the United Arab Emirates

Hezbollah says has ‘right’ to respond to Israel’s killing of military commander

Hezbollah's leader on Friday said the group had the right to respond to Israel's assassination of its top military chief...

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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...

Netanyahu says US an ‘extraordinary friend’ during Rubio visit

Before departing Washington on Saturday, Rubio told reporters that while Trump was "not happy" about the strike, it was "not...

Rubio to begin Israel visit in aftermath of Qatar strike

Jerusalem, Undefined -- Top US diplomat Marco Rubio begins a visit to Israel on Sunday, after expressing the Trump administration's...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Lab-grown diamonds robbing southern Africa of riches

Johannesburg, South Africa -- Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for...
  • Diamond-dependent Botswana is leading the way and launched a sovereign wealth fund this week to lay the "foundation for a more resilient and diversified future beyond diamonds".
  • It is exploring other avenues too, like boosting luxury wildlife tourism, launching into the medicinal cannabis market and exploiting its abundant sunshine for solar power.

Arab, Muslim leaders to meet in Qatar to denounce Israeli attack

Qatar said Saturday it will host a summit of Arab and Muslim leaders to denounce Israel's attack on Hamas officials...
  • Monday's meeting would consider "a draft resolution on the Israeli attack on the State of Qatar" to be drafted Sunday at a ministerial meeting
  • Among the leaders attending will be Iranian President Masoud Pezeshkian and Iraqi Prime Minister Mohammed Shia al-Sudani

Palestinian factions hand over weapons in largest Lebanon refugee camp

Palestinian factions handed over weapons from Lebanon's largest refugee camp on Saturday, a Palestinian official said, as part of a...
  • Abdel Hadi al-Asadi, of the Palestine Liberation Organisation (PLO), said the umbrella group conducted "the operation of delivering new batches of weapons."
  • The Lebanese army confirmed that it received "five truckloads of weapons from the Ain al-Hilweh camp in Sidon", the largest in Lebanon