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.

Death of Hassan Nasrallah in Beirut an inflection point in the Middle East conflict

Rarely seen in public, Nasrallah enjoyed cult status among his supporters and was the only man in Lebanon with the...
  • Palestinian group Hamas and Iranian Supreme leader Khamenei condemn the killing of Nasrallah in Israeli strikes
  • Israeli military says "most of the senior leaders of Hezbollah have been eliminated" in Lebanon

Biden ready to ‘adjust’ US forces in Mideast amid tensions: White House

Washington, United States - President Joe Biden ordered US forces in the Middle East to be adjusted "as necessary," the White...
  • The US president, who traveled to his beach house in Delaware on Friday, had been briefed several times by his national security team, the White House added
  • Biden had earlier confirmed that "the US had no knowledge of or participation in the (Israeli) action," adding in remarks to reporters that, "We're gathering information."

Tens of thousands protest against Lebanon ‘bloodbath’ in Iran, Yemen

The demonstrations in Tehran and other Iranian cities were responding to a call by authorities on Wednesday to demonstrate in...
  • Hezbollah is part of the "axis of resistance," Iran-aligned armed groups across the Middle East that have targeted Israel, and also US forces
  • The alliance also includes Yemen's Houthi rebels who organized a demonstration by tens of thousands in the capital Sanaa on Friday a day after firing a missile at Israel

Helpless! Top EU diplomat regrets failure to ‘stop’ Netanyahu

EU foreign affairs chief Josep Borrell voiced regret Friday that no power, including the United States, can "stop" Israeli Prime...
  • EU foreign affairs chief Josep Borrell says no power, including the United States, can "stop" Israeli Prime Minister Benjamin Netanyahu
  • "What we do is to put all diplomatic pressure to a ceasefire, but nobody seems to be able to stop Netanyahu.."

Israeli air strikes hit densely populated Hezbollah bastion in Beirut

The strikes were by far the largest in scale. Iran embassy in Lebanon warns that the strikes 'change the rules...
  • Hezbollah chief Hassan Nasrallah was unharmed in the strikes, after Israeli television networks reported he was the target.
  • Israel's aerial bombardment of Hezbollah strongholds around Lebanon has killed around 700 people this week alone.

Saudi Arabia announces coalition to push for Palestinian state

Prince Faisal bin Farhan said the "International Alliance to Implement the Two-State Solution" included Arab and Islamic countries, as well...
  • Saudi Arabia paused US-brokered talks on recognizing Israel after the Hamas attack on Israel and the genocidal Israeli assault on Gaza.
  • The hard-right Israeli government of Prime Minister Benjamin Netanyahu remains implacably opposed to Palestinian statehood.

Israel defies ceasefire calls and vows to keep battling Hezbollah

"There will be no ceasefire in the north. We will continue to fight against the Hezbollah terrorist organization with all...
  • Israeli bombing of Iran-backed Hezbollah strongholds around Lebanon has killed hundreds of people this week, while the militant group has retaliated with rocket barrages
  • Israeli Prime Minister Benjamin Netanyahu's office said he had "not even responded" to the truce proposal, and that he had ordered the military to continue fighting

US offers $20 mn for info on Iranian behind Bolton assassination plot

Washington, United States- The US State Department announced a $20 million reward on Thursday for information leading to the arrest of...
  • US officials said in August 2022 that they had uncovered a plot by Shahram Poursafi, a member of Iran's IRGC to kill Bolton who served as NSA to former president Trump
  • The State Department's "Rewards for Justice" program "is offering a reward of up to $20 million for information leading to the arrest or conviction" of Poursafi, a notice said

US gives US$8.7 billion in military aid to Israel amid global push for a ceasefire

While international pressure on Israel for ceasefire in Lebanon and Gaza intensifies, Netanyahu refuses to slow down military operations. Lebanese...
  • Lebanese authorities said Thursday that more than 1,500 people had been killed in almost a year of cross-border violence
  • Yemen’s Huthis: “will not hesitate to support Lebanon and Hezbollah” as cross-border fire between the Lebanese group and Israel intensifies

World’s first CO2 storage service soon ready in Norway

Øygarden, Norway -- Norway inaugurated Thursday the gateway to a massive undersea vault for carbon dioxide, a crucial step before opening...
  • The Northern Lights project plans to take CO2 emissions captured at factory smokestacks in Europe and inject them into geological reservoirs under the seabed.
  • The aim is to prevent the emissions from being released into the atmosphere, and thereby help halt climate change.

Turkey seeks to host next COP as co-presidency plans with Australia falter

Turkey wants to host next year's UN climate change talks and is ready to organise the event alone if there...

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China manufacturing shrinks in August despite new US trade truce

Beijing, China -- China's factory output ticked up in August but still recorded a fifth straight month of contraction, official...

New wave: Sea power turned into energy at Los Angeles port

San Pedro, United States -- Floating blue paddles dance on the waves that lap a dock in the Port of Los...

Aid flotilla with Greta Thunberg set to sail for Gaza

The vessels will set off from the Spanish port city to "open a humanitarian corridor and end the ongoing genocide...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Red Cross warns against evacuation of Gaza City as Israel tightens siege

The Red Cross warned on Saturday that any Israeli efforts to evacuate Gaza City would put residents at risk, as...
  • After nearly 23 months of devastating war, Israel is under increasing pressure to end its offensive in Gaza, where the United Nations has declared a famine
  • But despite the calls at home and abroad for an end to the war, the Israeli army is readying itself for an intensified operation to seize the Palestinian territory

Ancient tombs unearthed in Iraq due to drought

Khanke, Iraq - Archaeologists in drought-hit Iraq have discovered 40 ancient tombs after water levels in the country's largest reservoir...
  • The tombs, believed to be over 2,300 years old, were unearthed at the edges of the Mosul Dam reservoir in the Khanke region of Duhok province in the country's north
  • "So far, we have discovered approximately 40 tombs," said Bekas Brefkany, the director of antiquities in Duhok, who is leading the archaeological work at the site

US to deny visas to Palestinian officials at UN summit as France pushes statehood recognition

The extraordinary step further aligns President Donald Trump's administration with Israel's government, which adamantly rejects a Palestinian state and has...
  • The extraordinary step further aligns President Donald Trump's administration with Israel's government, which adamantly rejects a Palestinian state
  • Veteran Palestinian Authority president Mahmud Abbas had been due to attend the UN meeting, the Palestinian ambassador to the United Nations, Riyad Mansour, told reporters