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.

Deadly strikes hit Gaza as US envoy visits Israel

Israel has also fought and bombed resurgent Hamas forces in northern and central areas of the coastal territory previously considered...
  • Israel's Prime Minister Benjamin Netanyahu has vowed to keep fighting Hamas in Gaza, following its October 7 attack that sparked the war
  • Sullivan met his Israeli counterpart Tzachi Hanegbi and Netanyahu in Jerusalem for talks on the brutal Gaza conflict and post-war scenarios

US envoy touts ‘potential’ of Israel-Saudi deal in Netanyahu talks

US National Security Advisor Jake Sullivan says there is a potential of Israel-Saudi normalization deal if Netanyahu alters his political...
  • An Israeli strike killed 31 people in central Gaza on Sunday, said the Palestinian territory's civil defense agency
  • President Biden said Sunday he heard the voice of Gaza war protesters as some students turned their backs during his speech

Saudi fashionistas attempt beach rebrand

The setting for Red Sea Fashion Week, the St Regis Red Sea Resort on Ummahat Alshaikh island, is part of...
  • Beach developments are seen as major potential attractions, and Red Sea Fashion Week was partly intended to highlight what is already in place.
  • Officials involved in Red Sea Global stress they are making progress, opening two resorts last year and preparing to launch 14 more hotels by the end of next year.

Prayers and concern in Iran as President Ebrahim Raisi’s helicopter remains missing

Search and rescue teams are looking for the crash site in the remote mountain area, says Iranian state media, adding...
  • The harsh weather conditions and heavy fog have made it difficult for the rescue teams to reach the accident site.
  • Iranian president's convoy included three helicopters, and the other two had "reached their destination safely.

Moroccan enterprises give jobs, hope to people with disabilities

Rabat, Morocco -- Fadoua Lamrani was elated when she was hired as a waitress at a restaurant in Morocco which employs people...
  • CIAT aims to overcome social and cultural constraints to help people with disabilities into jobs they would usually find hard to obtain.
  • Six other centers for people with disabilities have been launched since 2016, providing apprenticeships for 228 people.

UN aid chief warns of ‘apocalyptic’ consequences of Gaza shortages

"If fuel runs out, aid doesn't get to the people where they need it, that famine, which we have talked...
  • An Israeli incursion into the southern Gaza city of Rafah, launched in the face of international outcry, has deepened an already perilous humanitarian crisis in the Gaza Strip.
  • The UN said on Saturday that 800,000 people had been "forced to flee" Israel's assault in Rafah.

Iraq father begins legal action against BP over son’s cancer death

Rumaylah, Iraq - Hussein Julood is taking legal action against British energy giant BP after he lost his son to...
  • The bereaved father, who lives near the Rumaila field in the southern province of Basra, is demanding that the firm compensate him for his son Ali's medical expenses
  • He said no amount of money would make up for his son's death. But "what I am claiming is my right", added the 55-year-old father of seven, from his modest home

Oil tanker hit by missile off Yemen, no casualties

"At approximately 1 am (Sanaa time) May 18, Iranian-backed Houthis launched one anti-ship ballistic missile (ASBM) into the Red Sea...
  • The attack caused some flooding "which resulted in the loss propulsion and steering", CENTCOM said
  • The Houthis who control much of Yemen have launched dozens of attacks on vessels in and around the Red Sea

OpenAI disbands team devoted to artificial intelligence risks

San Francisco, United States -- OpenAI on Friday confirmed that it has disbanded a team devoted to mitigating the long-term dangers...
  • OpenAI weeks ago began dissolving the so-called "superalignment" group, integrating members into other projects and research, according to the San Francisco-based firm.
  • Company co-founder Ilya Sutskever and team co-leader Jan Leike announced their departures from the ChatGPT-maker this week.

Israeli leaders split over post-war Gaza governance

Jerusalem, Undefined -- New divisions have emerged among Israel's leaders over post-war Gaza's governance, with an unexpected Hamas fightback in parts...
  • After Hamas regrouped in northern Gaza, where Israel previously said the group had been neutralized, broad splits emerged in the Israeli war cabinet in recent days.
  • Netanyahu came under personal attack from Defense Minister Yoav Gallant for failing to rule out an Israeli government in Gaza after the war.

World on track to dangerous warming as emissions hit record high: UN

Scientists are in broad agreement that warming above 1.5C relative to pre-industrial times risks catastrophic consequences, and every effort must...

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Netanyahu says new Gaza plan ‘best way to end the war’ as criticism intensifies

UN says 'if these plans are implemented, they will likely trigger another calamity in Gaza, reverberating across the region and...

Dubai records over 4,000 new-real estate activities in H1 2025

Dubai, UAE -- Dubai’s real estate market recorded 4,049 new activities in the first half of this year, reflecting the...

SEC H1 net profit $1.67bn

Revenue grew by 24% to $7.38 billion.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Salah criticizes UEFA for ‘Palestinian Pele’ tribute: ‘Tell us how he died’

Obeid, 41, was killed on Wednesday when Israeli forces "targeted people waiting for humanitarian aid in the southern Gaza Strip", the...
  • UEFA posted on X: "Farewell to Suleiman al-Obeid, the 'Palestinian Pele'. A talent who gave hope to countless children, even in the darkest of times."
  • Born in Gaza City, Obeid was married and had five children. He played 24 international matches for team Palestine.

Saudi Falcons Club launches interactive pavilion for young enthusiasts

Riyadh, Saudi Arabia -- The Saudi Falcons Club has dedicated an interactive pavilion titled "Falconer of the Future" as part...
  • The move is part of the International Falcon Breeders Auction 2025, taking place at the club's headquarters in Malham, north of Riyadh, until August 25.
  • This pavilion aims to introduce the younger generation to the world of falconry by showcasing tools used for training and caring for falcons.

Thousands protest in Tel Aviv against Israeli govt move to expand Gaza war

Demonstrators waved signs and held up pictures of hostages still being held in the Palestinian territory as they called on...
  • A group representing the families of hostages said as many as 100,000 people participated.
  • Out of 251 hostages captured during Hamas's 2023 attack, 49 are still being held in Gaza, including 27 the military says are dead.