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.

Hamas rejects ‘new’ Gaza truce conditions as Biden says deal closer than ever

Egyptian, Qatari and US mediators have been seeking to finalize details of a framework initially outlined by Biden in May,...
  • US Secretary of State Antony Blinken is to travel to Israel this weekend to advance the latest proposal, the State Department said
  • Egyptian, Qatari and US mediators have been seeking to finalise details of a framework initially outlined by Biden in May, and which he said Israel had proposed

United Nations calls Israeli settler attack in West Bank ‘horrific’

Geneva, Switzerland -- The United Nations on Friday said a deadly Israeli settler attack on a Palestinian village in the occupied...
  • "There are even reports of weapons being distributed to the settlers. So there is clearly a state responsibility in this regard." said UN HR office spokeswoman Ravina Shamdasani.
  • "This really is the crux of the matter: the impunity that the perpetrators of such grave violations have been enjoying," she said.

Gold hits record high, oil prices slide on weak Chinese demand

Expectations of US interest rate cuts weakened the dollar, while oil prices tumbled as weak Chinese demand expectations offset turmoil...
  • Oil prices slumped more than 1.5 percent. "The significant price recovery on the oil market has run out of steam in recent days," said Commerzbank analyst Carsten Fritsch.
  • "For one thing, the feared retaliatory strike by Iran (on Israel) has so far failed to materialize, which has probably favored a partial pricing out of the risk premium," he said.

Israel FM says expects allies to attack Iran if it strikes

Israeli Foreign Minister told his French and British counterparts that his country expects support "in attacking" Iran if it strikes...
  • "If Iran attacks, we expect the coalition to join Israel not only in defense but also in attacking significant targets in Iran," Katz said
  • On Thursday, Jewish settlers attacked a Palestinian village in the Israeli-occupied West Bank

Five charged over ketamine death of ‘Friends’ star Matthew Perry

Los Angeles, United States - Five people who allegedly supplied ketamine to "Friends" star Matthew Perry in a bid to exploit...
  • The actor died at his luxury Los Angeles home last year, sparking an outpouring of grief from fans around the world
  • An autopsy found the cause of his death was "the acute effects of ketamine," a controlled drug the recovering addict was taking as part of supervised therapy

40,000 and counting: the struggle to keep track of Gaza deaths

Palestinian Territories -- With Gaza largely in ruins after more than 10 months of war, the Hamas-run territory's health ministry...
  • Gaza health officials first identify bodies by visual recognition from a relative or friend, or by recovering personal items
  • The deceased's details, including name, gender, birth date and ID number, are then entered in the health ministry's digital database

Qatar to host high-stakes Gaza ceasefire talks

US Secretary of State Antony Blinken told several Middle Eastern counterparts in recent days that "this ceasefire deal is of...
  • US, Qatari and Egyptian mediators have invited Israel and Hamas for negotiations aimed at ending fighting that has killed nearly 40,000 Palestinians
  • Israel confirmed it would attend, though it remained unclear if Hamas, whose October 7 attack on Israel triggered the war, planned to participate

In Beirut, US envoy says ‘no more time to waste’ on Gaza ceasefire

US envoy Amos Hochstein's Lebanon trip comes a day before ceasefire negotiations between Hamas and Israel are set to resume
  • Hochstein and Nabih Berri discussed "the framework agreement that's on the table for a Gaza ceasefire
  • Hezbollah has repeatedly said it would only end hostilities once a Gaza ceasefire deal has been reached

Explosions reported near two ships off Yemen

Two ships reported nearby explosions on Tuesday off the coast of Yemen, maritime security agencies said, though neither event resulted...
  • The first vessel was identified as the Liberia-flagged crude oil tanker Delta Atlantica
  • The second ship was identified as the Panama-flagged crude oil tanker On Phoenix

UN, EU and US decry extremist Israeli minister’s prayer at Al-Aqsa

"We are against any efforts to change the status quo within the holy sites," said deputy spokesman Farhan Haq. "Al-Aqsa...
  • The EU strongly condemned "the provocations by Israeli Min. Ben Gvir who, during his visit to the Holy Sites, advocated for the violation of the status quo".
  • The United States said Ben Gvir had hurt efforts for talks towards a Gaza ceasefire, adding the US stands for historic status quo.

Cristiano Ronaldo says 2026 World Cup ‘definitely’ his last

Riyadh, Saudi Arabia -- Portuguese superstar Cristiano Ronaldo on Tuesday said next year's World Cup would be his last as...

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United Nations declares famine in Gaza, first ever in Middle East

Tom Fletcher, the UN's emergency relief coordinator, blamed Israel, accusing it of "systematic obstruction" of aid deliveries to the war-ravaged...

Less tax, more luxury: millionaires flock to Dubai for its zero income tax policy

Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy...

Google to provide Gemini AI tools to US government

Google will provide its Gemini artificial intelligence tools to US federal agencies practically free, the government announced Thursday.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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‘Hell is Us’ looks to break mould of big-budget gaming

Paris, France - Developer Jonathan Jacques-Belletete has taken a gamble on forthcoming game "Hell is Us", hoping to ape the...
  • "I'd had it up to here" with work on big-spending productions whose price tag can run into the hundreds of millions, the veteran of firms like Ubisoft and Eidos Montreal told AFP
  • he industry has had huge difficulties in recent years" with waves of layoffs at major players like Sony and Microsoft,where smaller outfits "seem to have held up better

‘Curly is beautiful’: Tunisian women embrace natural hair

Tunis, Tunisia -- Tunisian mother Mouna Jebali had long used a flat iron to straighten her thick hair, but with...
  • For generations, people around the world were told to straighten, braid, cut or otherwise conceal their curls, or else get sent home from school or work.
  • A global drive buoyed by the Black Lives Matter movement gave rise to a major pandemic-era trend of beauty videos celebrating natural hair.

Boeing in talks to sell up to 500 planes to China: Bloomberg

New York, United States -- US aviation giant Boeing is in talks to sell up to 500 aircraft to Chinese...
  • The deal would be a major win for the struggling US manufacturer, with company shares rising as high as 3.7 percent in pre-market trades.
  • Bloomberg's sources said the deal would be contingent on Washington and Beijing coming to a longer-term agreement in their simmering trade war.