INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

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.

Heavy fighting rocks Gaza as thousands are on the move again

The United Nations warned that the almost nine-month-old war had "unleashed a maelstrom of human misery."
  • The UN agency supporting Palestinian refugees said 250,000 people had been impacted by the latest evacuation order
  • The war has now displaced 80 percent of Gaza's population

Dubai-based rowers brave Arctic this July to highlight plastics pollution

At an indoor pool in Dubai, three rowers battle artificial rain and simulated waves as they train for an Arctic...
  • They plan to row for three weeks aboard an eight-meter boat flying the UAE flag, with no sail or engine
  • The United Nations says plastics account for 85 percent of all marine trash

Tesla auto deliveries beat expectations

Electric carmaker Tesla saw its shares surge on Tuesday.
  • Tesla said it delivered around 444,000 vehicles worldwide in the April-June period, exceeding consensus estimates compiled by FactSet
  • Of the total figure, 422,405 involved Model 3 and Model Y vehicles. Tesla gave no detailed breakdown of the other autos delivered

Israel will not allow ‘winds of defeatism’ in Hamas war: Netanyahu

After a visit to troops on Monday, he said: "I saw very considerable achievements in the fighting being carried in...
  • After the October 7 attacks by Hamas, Netanyahu's right-wing government vowed to destroy Hamas and return all hostages seized during the deadly incursion by the Palestinian group
  • Netanyahu made his new vow of victory after the New York Times quoted sources as saying Israel was ready to make a deal without reaching all its goals

80 percent of Gazans now displaced: UN humanitarian coordinator

United Nations, United States --The UN humanitarian coordinator for Gaza said Tuesday that 1.9 million people -- 80 percent of the...
  • UN estimated that up to 250,000 people are impacted by the Israeli military order for civilians to leave Al-Qarara, Bani Suhaila and other localities in Khan Yunis.
  • ""Palestinian civilians in Gaza have been plunged into an abyss of suffering. Their homes life shattered, their lives upended," said UN humanitarian coordinator Sigrid Kaag.

Tesla Q2 auto deliveries surge

Deliveries still 4.7 percent down from a year ago.
  • Tesla said it delivered around 444,000 vehicles worldwide in the April-June period, exceeding consensus estimates compiled by FactSet and sending its share price up around 9%.
  • Of the total figure, 422,405 involved Model 3 and Model Y vehicles. Tesla gave no detailed breakdown of the other autos delivered.

First Palestinian Olympic boxer fights hurdles before history

Beitunia, Palestinian Territories - Every morning Palestinian boxer Waseem Abu Sal checks texts from his Cairo-based coach -- a Gazan who...
  • The 20-year-old Waseem Abu Sal will be the first Palestinian boxer to participate in the Olympics after he bagged a wildcard spot
  • Abu Sal will take on his first Olympic fight on July 28 after training routine with his remote coach Ahmad Harara who is held back by Israeli travel restrictions

Israel strikes southern Gaza after ordering evacuations

Other parts of the Gaza Strip were reeling from continued fighting nearly nine months into the devastating conflict. Witnesses and...
  • Witnesses reported multiple strikes in and around the city of Khan Yunis, where eight people were killed and more than 30 were wounded
  • The bombardment came after a rare rocket barrage claimed by the group Islamic Jihad, which has fought alongside Hamas

UAE in top 10 global trending destinations: Travel Trends 2024

Dubai, UAE -- The Mastercard Economics Institute has revealed in its latest Travel Trends 2024 report a major shift in the...
  • For UAE travelers, the top three trending destinations for this summer are London, Athens and Paris.
  • Globally, Japan tops the trending destinations list for the past year with Munich ranking as the top trending destination for this summer (June-August 2024).

Israel issues new Gaza evacuation orders, many Palestinians flee

Hundreds of thousands had already left Rafah ahead of and during a ground offensive launched by Israeli troops on the...
  • The attack was claimed by the armed wing of the Palestinian group Islamic Jihad. Israel had already staged air strikes in Rafah on Monday.
  • "Fear and extreme anxiety have gripped people after the evacuation order," said Bani Suhaila resident Ahmad Najjar. "There is a large displacement of residents."

China’s consumer prices rose in Oct, reversing stagnation

Beijing has struggled to maintain a strong economic recovery from the pandemic, as it fights a debt crisis in its...

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After DJs and raves, Saudi Arabia pushes home-grown culture

Riyadh, Saudi Arabia -- First, deeply religious Saudi Arabia opened its doors to Western raves and music festivals. Now it's...

Netanyahu has become a ‘problem’, says Danish PM

Danish Prime Minister Mette Frederiksen said Saturday that Israeli leader Benjamin Netanyahu has become a "problem", adding she would try...

Emaciated Gaza woman dies after humanitarian flight to Italy hospital

A young Palestinian woman who was flown from Gaza to an Italian hospital in a severely emaciated state for treatment...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Made-for-TV pageantry as Trump brings Putin in from cold

Anchorage, United States - Stepping foot on Western soil for the first time since he ordered the invasion of Ukraine,...
  • Putin and Trump each flew in their presidential planes to Elmendorf Air Base, the largest US military installation in Alaska that played a key role in monitoring the Soviet Union
  • Trump waited in Air Force One until Putin landed and then stepped down to the tarmac, clapping as he saw the Russian leader for the first time since 2019

Trump, Putin meeting ends in areas of agreement, a renewed friendship but without Ukraine deal

"There's no deal until there's a deal," Trump said after emerging from a meeting with Putin. offering warm words but...
  • After an abrupt ending to three hours of talks with aides, Trump and Putin offered warm words but took no questions from reporters - highly unusual for the media-savvy US president
  • Putin told Trump he agreed with him that the Ukraine war, which Putin ordered, would not have happened if Trump were president instead of Joe Biden

Hezbollah vows to fight disarmament as Lebanon PM slams civil war ‘threats’

Hezbollah leader Naim Qassem vowed Friday to fight government plans to disarm his group, with Lebanese Prime Minister Nawaf Salam...
  • Qassem gave a televised address after meeting with Iran's security chief Ali Larijani, whose country has long backed the Lebanese militant group
  • Hezbollah emerged badly weakened from last year's war with Israel, and the Lebanese government -- under US pressure -- has ordered the army to draw up a plan to disarm the group