INSEAD Day 4 - 728x90

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

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.

Asian markets retreat as China pledges fail to spark excitement

Asian markets fell Friday as China's latest vows to boost the beleaguered economy failed to stir much excitement, while traders...
  • Beijing began unveiling in September a raft of policies to reverse a growth slump
  • All three main indexes in New York closed in the red

G7 meeting to address Syria’s challenges following Assad’s ouster

Damascus, Syria - G7 leaders will meet virtually Friday to discuss the momentous changes underway in Syria, where the interim government...
  • Assad fled Syria after a lightning offensive spearheaded by the Islamist Hayat Tahrir al-Sham (HTS) group and its allies
  • The UN humanitarian agency OCHA said Thursday that 1.1 million people, mostly women and children, had been displaced since the rebels took over

UNRWA warns of ‘apocalyptic’ conditions as Israeli airstrikes target aid, refugee camps, kill 58

The latest bloodshed came despite growing optimism that negotiations for a ceasefire and hostage release deal might finally succeed, with...
  • The UN and aid agencies have repeatedly warned about the acute humanitarian crisis in the besieged Gaza Strip, exacerbated by the war that has persisted for over 14 months
  • Families of the 96 hostages still in Gaza since the Hamas attack that triggered the war, including 34 the Israeli military says are dead, are pressing for their release

‘A matter of pride’: Saudis rejoice as World Cup bid approved

Riyadh, Saudi Arabia -- Fireworks and drones depicting the iconic golden World Cup trophy lit up the sky in Saudi Arabia's...
  • Sports are a major component of the Vision 2030 reform agenda overseen by Crown Prince Mohammed bin Salman, which aims to diversify the economy of the world's top oil exporter.
  • Sports Minister Prince Abdulaziz bin Turki Al-Faisal said Saudi Arabia was "opening up to the world" and could help football grow globally.

54 journalists killed in 2024, a third by Israel: media group

Fifty-four journalists were killed worldwide while carrying out their work or because of their profession in 2024, a third of...
  • Israeli forces were responsible for the deaths of 16 journalists in Gaza and two in Lebanon
  • Israel admits that some have been killed in air strikes on military targets

Transition in Syria: New PM says will ‘guarantee’ rights of all religious groups

With Assad's overthrow plunging Syria into the unknown, its new rulers have sought to assure religious minorities that they will...
  • Assad fled Syria after a lightning offensive spearheaded by the Islamist Hayat Tahrir al-Sham (HTS) group and its allies, which ended five decades of rule by his clan
  • Syrians across the country and around the world erupted in celebration, after enduring a stifling era during which anyone suspected of dissent could be thrown into jail or killed

Google unveils its most advanced Artificial Intelligence model, Gemini 2.0

San Francisco, United States -- Google on Wednesday announced the launch of Gemini 2.0, its most advanced artificial intelligence model to...
  • CEO Sundar Pichai said the new model would be marking what the company calls "a new agentic era" in AI development.
  • Gemini 2.0 is initially being rolled out to developers and trusted testers, with plans for broader integration across Google's products.

Crunch time for Saudi-hosted drought, desertification talks

Riyadh, Saudi Arabia -- Landmark talks on desertification are set to conclude in Saudi Arabia this week amid doubts that pledged funds...
  • The 12-day UNCCD COP16 meeting has announced billions in funding for drought response and land restoration.
  • The UNCCD said 1.5 billion hectares (3.7 billion acres) of land must be restored by decade's end and that at least $2.6 trillion in global investments were needed.

South Korean police raid president’s office

#South #Korean police raided President #Yoon Suk #Yeol's office as part of the investigation into his declaration of #martial law....
  • The deeply unpopular Yoon is already under a travel ban
  • Yoon survived an impeachment motion in parliament on Saturday

New Syrian rulers pledge stability, accountability, and reconstruction after Assad’s ouster

Abu Mohammed al-Jolani, the Islamist leader who headed the rebel offensive, had previously announced talks on a transfer of power...
  • The rebels appointed Mohammad al-Bashir as the transitional head of government to run the country until March 1, a statement said
  • Assad fled Syria as an Islamist-led opposition alliance swept into the capital Damascus over the weekend, bringing to an end five decades of brutal rule by his clan

How China leveraged its rare earths dominance over the US in tariff war

China's stranglehold on the rare earths industry -- from natural reserves and mining through processing and innovation -- is the...

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Musk’s title of richest person challenged by Oracle’s Ellison

New York, United States - Billionaire Elon Musk is at risk of losing his title of world's wealthiest person to...

Stock markets strike records despite geopolitical unrest

Gains for oil prices were relatively modest, while gas futures were unmoved after Israel's strikes Tuesday against Hamas in gas-rich...

Israeli strikes shake quiet Qatar, strain US ties

It also cast serious doubt on Qatar-mediated Gaza ceasefire talks and undermined security reassurances to the Gulf from key ally...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Europe hyperloop test hits new speed record in Dutch trial

The Hague, Netherlands -- A Dutch tech startup said Wednesday it had set a European speed record for its futuristic...
  • Hardt Hyperloop said its vehicle had reached 85 kph at the 420 meter European Hyperloop Center test track in the Netherlands and had carried out a complex lane switching test.
  • It said the lane switching maneuver -- essential for networked routes -- showed there were no technical barriers to operating at aircraft-like speeds.

Iran, IAEA sign cooperation framework in Cairo after suspension following Israeli strikes on nuclear sites

The agreement was signed in Cairo by Iranian Foreign Minister Abbas Araghchi and International Atomic Energy Agency chief Rafael Grossi,...
  • The agreement was signed in Cairo by Iranian Foreign Minister Abbas Araghchi and International Atomic Energy Agency chief Rafael Grossi
  • It was Iran's first high-level meeting with the IAEA since it suspended cooperation with the agency following the 12-day war with Israel

Qatar says reserves right to respond to Israeli attack, even as Trump delivers rare reproach of Israel

Doha, a key US ally that hosts the largest American base in the region, has hosted Hamas' political bureau since...
  • Six people died, including top Hamas negotiator Khalil al-Hayya's son and a Qatari security officer, in an unprecedented airstrike that threatened to derail mediation efforts
  • Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said Qatar reserved "the right to respond to this blatant attack", calling the strike a "pivotal moment" for the region