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.

Hizbollah chief admits ‘unprecedented’ blow in device blasts

Israel has not commented on the attacks in which Hizbollah operatives' pagers and walkie-talkies exploded in supermarkets, on streets and...
  • In his first speech since the attacks, which killed 37 people and wounded nearly 3,000 across two days, Nasrallah struck a defiant tone, vowing that Israel would face retribution
  • Describing the attacks as a "massacre" and as a possible "act of war", Nasrallah said Israel would face "tough retribution and a just punishment

World Bank boosts climate financing by 10 percent

Washington, United States - The World Bank announced Thursday that it delivered a record $42.6 billion in climate change financing in...
  • In December, the Bank committed to raising the proportion of its annual financing that goes to climate change adaptation from 35 percent to 45 percent
  • This figure included lending, along with other financial instruments such as grants and guarantees, a World Bank official told AFP by email

Elon Musk’s Starlink internet launches in war-scarred Yemen

Dubai, United Arab Emirates -- Tech billionaire Elon Musk's satellite internet service Starlink has launched in Yemen, provoking the anger of...
  • Starlink's network of low Earth orbit satellites can provide internet to remote locations or areas that have had normal communications infrastructure disabled.
  • Houthi official Mohammed al-Bukhaiti condemned the Starlink launch, linking it to "the war waged by America on Yemen".

Lebanon device blasts: what we know about deadly attacks

Hundreds of pagers and walkie-talkies used by Hezbollah exploded across Lebanon in unprecedented attacks this week, killing 37 people and...
  • Hundreds of pagers carried by Hezbollah operatives exploded at almost the same time
  • Exploding communication devices has killed 37 people and wounding more than 2,900 over two days

Latest batch of device explosions in Lebanon stoking fears of a full-blown war with Israel

A second deadly wave of unprecedented explosions in the strongholds of Lebanon's Hezbollah left it in disarray on Thursday, hours...
  • The latest batch of device explosions killed 20 people and wounded more than 450 others
  • Hezbollah said Israel was "fully responsible for this criminal aggression" and vowed revenge

Lebanon under attack. Fears of all-out war. 20 killed, 450 injured. Israel blamed and flayed.

A second wave of device explosions killed 20 people and wounded more than 450 in Lebanon on Wednesday, officials said,...
  • Experts said Israeli operatives had likely planted explosives on the paging devices
  • UN Secretary-General Antonio Guterres urged governments "not to weaponize civilian objects"

UN rights chief demands accountability for Lebanon pager blasts

The explosions that killed 12 people, including two children, and wounded up to 2,800 others
  • United Nations High Commissioner for Human Rights described the blasts as "shocking"
  • Turk highlighted that the attack had come at an "extremely volatile time"

Israel infiltration in Hezbollah supply chain likely behind pager explosions; 9 dead, 2,800 injured

Lebanon's health minister said nine people were killed and some 2,800 wounded Tuesday when pagers used by Hezbollah members exploded...
  • In neighboring Syria, 14 people were wounded "after pagers used by Hezbollah exploded
  • The blasts "killed nine people, including a girl", minister Firass Abiad said in a casualty update

Israel PM adds war goal of allowing northern residents to return home

Israel's Prime Minister Benjamin Netanyahu on Tuesday expanded the country's goals for the war in Gaza, vowing to allow Israelis...
  • Along Israel's northern border with Lebanon, Hezbollah claimed "dozens" of attacks on Israeli positions on Monday
  • On Tuesday, UN member states will debate a draft resolution demanding an end to the Israeli occupation of all Palestinian territories within 12 months

Israel faces risks of global isolation and losing UN membership over Gaza genocide, say UN experts

Experts from the United Nations have warned that Israel might become a pariah state, and its UN membership is under...
  • UN experts slammed Western countries for their "double standards" regarding Israel
  • "We are blowing up the United Nations if we don't react," warns a UN expert as Israel repeatedly disregards UN observations

Samsung plans $310 bn investment to power AI expansion

Seoul, South Korea -- South Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next...

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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...

NASA Features AlUla sky in ‘Astronomy Picture of the Day’

AlUla, Saudi Arabia -  AlUla Governorate achieved a new international milestone, showcasing the clarity of its skies, after a sky...

UN chief condemns ‘endless’ Gaza horrors as Israel presses offensive

Israel, whose military is preparing to conquer Gaza City, is under mounting pressure at home and abroad to end its...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel ups pressure on famine-struck Gaza City as Trump talks post-war plan

On the ground, Gaza's civil defence agency said Israeli strikes and gunfire killed at least 38 people on Wednesday, including...
  • Israel is under mounting pressure both at home and abroad to end its almost two-year campaign in Gaza, where the United Nations has declared a famine
  • On the ground, Gaza's civil defence agency said Israeli strikes and gunfire killed at least 38 people on Wednesday, including 16 in Gaza City

Erdogan jubilant as ‘Steel Dome’ air defence system delivered to military, hails it a milestone

Last August, Turkey, a member of NATO, unveiled plans to build a multi-layered air defence system to protect its airspace,...
  • "Today we are providing our army with the Dome system, consisting of 47 vehicles worth $460 million, which will inspire confidence in friends and fear in enemies," Erdogan said
  • "This system will make the world of difference for Turkey's air defence. This is a turning point for Turkey," he said at a ceremony at the hqrs of Turkish defence giant Aselsan

Mediator Qatar says ‘still waiting’ for Israeli response to Gaza truce proposal

Qatar and Egypt, along with the United States, have been mediating indirect ceasefire negotiations throughout the Gaza war, but despite...
  • The latest proposal put forward by mediators involves an initial 60-day truce and staggered exchanges of hostages for Palestinian prisoners.
  • But Israel has appeared reluctant to budge from its demand that all the hostages being held at Gaza be freed at once.