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.

Lebanon flights suspended as Hezbollah-Israel tensions continue to spiral out of control

Major airlines such as Emirates, Qatar Airways and Air France have suspended growing numbers of flights to Lebanon as tensions...
  • United Arab Emirates-based Emirates announced the temporary suspension of its flights to Beirut
  • Air France on Tuesday extended the suspension of its Beirut flights until October 1

Nearly 500 dead in Israeli strikes on Hezbollah strongholds in Lebanon

Israeli air strikes on Lebanon killed at least 492 people on Monday, including 35 children, Lebanon's health ministry said, marking...
  • Israel said it killed a "large number" of Hezbollah militants when it hit about 1,600 sites in southern and eastern Lebanon
  • EU foreign affairs chief Josep Borrell warned that Israel and Hezbollah were "almost in full-fledged war"

Economy – the biggest loser in the Israeli-Arab war

The sheer scale of destruction from the deadliest war in Gaza's history has made the road to recovery difficult to...
  • With bombs still raining down on Gaza, many of the Palestinian territory's 2.4 million people face re-construction challenges
  • 11 months of war in Gaza has battered Israel's economy, and poverty is now threatening communities

Boeing lifts wage hike to 30% 

The 30% general wage hike improves upon the 25% in the earlier offer.
  • The International Association of Machinists and Aerospace Workers District 751 walked out on September 13, in a strike involving 33,000 workers in the Pacific
  • The 30 percent general wage increase improves upon the 25 percent in the earlier offer, which was initially endorsed by IAM leaders

Hamas weakened, not crushed a year into war with Israel

The Palestinian group has not been crushed outright, and a year on from its unprecedented attack on Israel, an end...
  • In one of the biggest blows to the movement since it was founded in 1987 during the Palestinian intifada uprising, Hamas's leader Ismail Haniyeh was assassinated in Iran on July 31
  • On the Gaza battlefield, Israeli forces have aggressively pursued both Sinwar and Hamas military chief Mohammed Deif, whom Israel says it killed in an air strike

World leaders gather at UN as Mideast tensions explode

Escalating clashes between Israel and Hezbollah threatened to overshadow US President Joe Biden's final appearance at the UN's signature annual...
  • UN Security Council member France called for an emergency meeting on the crisis engulfing the Middle East
  • Top diplomat of European Union Josep Borrell warned, "we are almost in a full-fledged war" about the Lebanon-Israel situation

Biden’s United States powerless as Israel pounds Lebanon

US President Joe Biden's top priorities for the past 11 months has been to prevent the Gaza war from spiraling...
  • Biden administration was presenting "concrete ideas" to provide an "off-ramp" to prevent further fighting at UN
  • Israeli Prime Minister Benjamin Netanyahu brushed aside warnings of the dangers of regional war

Iran’s president calls Israel warmonger as he seeks talks with West

Iran's President Masoud Pezeshkian has accused Israel of seeking regional war, as he attempted to cast Tehran as restrained and...
  • President Masoud Pezeshkian speaks at a media roundtable in New York on the sidelines of United Nations General Assembly meetings
  • "We know more than anyone else that if a larger war were to erupt in the Middle East, it would not benefit anyone."

Lebanon Under Attack: Israel murders 35 kids, death toll rises to 492 including 58 women

Lebanese Health Minister Firass Abiad said the death toll in Israeli strikes Monday rose to 492, including 35 children, the...
  • Israeli attacks on Monday wounded 1,200 people who were treated in 27 hospitals
  • Iran's foreign ministry warns Israel of "dangerous consequences" following deadly strikes in Lebanon

UN alarmed as Israeli strikes kill more than 180 people in Lebanon

Lebanon's health ministry said more than 700 were injured on Monday in the worst toll by far in nearly a...
  • Iran's foreign ministry warned Israel on Monday of "dangerous consequences" following deadly strikes in Lebanon
  • "We are extremely concerned, deeply worried about the escalation in Lebanon," says top UN official

UN Security Council set to vote on Trump’s Gaza plan, deployment of international force

The draft, which has been revised several times as a result of high-stakes negotiations, "endorses" the plan, which allowed for...

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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...

Turkey bars Israeli ships and flights from its territory

Ties between Turkey and Israel have been shattered by Israel's war against Hamas in Gaza, with Ankara accusing Israel of...

Labubu fans flock to stores after launch of mini dolls

Beijing, China -- A dozen furry dolls strung together on a metal chain dangled from Labubu fan Maki Li's neck...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israeli minister calls to annex Gaza if Hamas doesn’t surrender

Israel's Finance Minister Bezalel Smotrich on Thursday called on the government to begin annexing parts of the Gaza Strip if...
  • The far-right minister, who has vocally opposed striking a deal with Hamas to end the nearly two-year war, presented his plan to "win in Gaza by the end of the year."
  • Under Smotrich's proposal, Hamas would be given an ultimatum to surrender, disarm and release the hostages still held in Gaza since the group's October 2023 attack.

Fed governor calls for rate cut at September policy meeting

A governor of the US Federal Reserve, Christopher Waller, said Thursday that the central bank should lower its key interest...
  • US Federal Reserve, Christopher Waller enthusiasm echoes President Donald Trump's eagerness to cut the rate that is central to US banking and borrowing
  • For months the Republican president has called for the cut repeatedly, despite resistance from current Fed chairman Jerome Powell

Israeli forces raid site near Syria capital after bombing it several times: state media

Israeli forces conducted an overnight airborne raid on a site near the Syrian capital after bombing it several times, Syrian...
  • Israel has not confirmed the raid, but Defence Minister Israel Katz said its forces operate "in all combat zones" to ensure the country's security
  • If verified, it would be the deepest such operation Israel has carried out inside Syria since an Islamist alliance seized power in Damascus in December