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.

Trump says Russia, China have secretly tested nuclear weapons

President Donald Trump alleged Sunday that countries including Russia and China have conducted underground nuclear tests unknown to the public,...

Israel pummels Gaza after US approves military aid

US-Israeli relations been strained by Israel's conduct of the war in Gaza and Israeli Prime Minister Benjamin Netanyahu's determination to...
  • Media reports said Israel was planning to move civilians from Rafah to nearby Khan Yunis over a period of two to three weeks.
  • Israeli assault has left much of Gaza's medical system in ruins, with medics struggling to treat both casualties of the war and people with pre-existing conditions.

Israel thanks US Senate for approving military aid

Israel's foreign minister on Wednesday thanked the US Senate for approving $13 billion in military aid that he said sent...
  • The $13 billion in military aid that he said sent a "strong message" to the country's enemies
  • The approval comes as the war in Gaza enters its 201st day

Lebanon’s Hizbollah launched ‘dozens’ of rockets at Israel after civilian deaths

Hizbollah fighters fired "dozens of Katyusha rockets" at northern Israel "as part of the response to the Israeli enemy's attacks...
  • The Iran-backed Hizbollah group and Israel have exchanged regular fire in the south of Lebanon since October
  • Hizbollah said it launched "a combined air attack using decoy and explosive drones that targeted" two Israeli bases north of Acre

FPT and Nvidia to build AI factory

Nvidia had invested around $250 million in Vietnam.
  • FPT said it has established a strategic partnership with Nvidia, which includes plans to build a $200-million-dollar AI factory using Nvidia's AI software and chips.
  • Nvidia's singular role in the AI revolution has taken the world by storm, with its powerful GPU chips and software an integral ingredient in the creation of generative AI.

Baby delivered from dying mother’s womb in Gaza ‘miracle’

At just seven months pregnant, her mother, Sabreen al-Sakani, reached the emergency unit in critical condition after she was fatally...
  • "It's a miracle that she was still alive, despite her difficulties in breathing," said Sahib al-Shams, a surgeon and director of the Kuwaiti hospital in Rafah.
  • "The mother died 10 minutes later," Shams said, adding that the baby's father and sister had been declared dead on arrival at the hospital.

Tunisia, Algeria, Libya hold ‘advisory’ meeting to create new regional coalition

The meeting was decided on by Algerian President Abdelmajid Tebboune, Libya's head of presidential council Mohamed Al-Menfi and Tunisian President...
  • The coalition is aimed at furthering "security, stability and development throughout the region", Tunisian foreign minister Nabil Ammar said
  • No leaders from Morocco or Mauritania were present at the meeting, set to take place every three months

Water, oil and security on agenda as Erdogan visits Iraq

The Turkish leader met with Iraqi President Abdel Latif Rashid in Baghdad. He told Rashid that Turkey "had expectations of...
  • The PKK (Kurdistan Workers Party), which has fought a decades-long insurgency against the Turkish state, has a presence in northern Iraq, as does the Turkish military.
  • Also on the agenda is a $17 billion road and rail project known as the "Route of Development" which is expected to consolidate economic ties between the two neighbors.

Swiss reserve hike hits UBS

The reserve requirement will increase from 2.5% to 4% from July 1.
  • The move follows government plans unveiled earlier this month that would tighten rules for banks deemed too big to fail.
  • UBS, Switzerland's biggest bank, acquired struggling rival Credit Suisse last year in a government-engineered deal aimed at preventing a financial crisis.

Rockets fired from Iraq at US-led coalition base in Syria

Rockets were fired late Sunday from northern Iraq at a military base in Syria housing a US-led coalition, according to...
  • It is the first major attack against the coalition forces in several weeks
  • The Islamic Resistance in Iraq has said it is acting in solidarity with Palestinians and out of anger at US support for Israel

Syria has held ‘meetings’ with US: Assad

The United States was among the first to cut ties with Assad over the repression of anti-government protests that sparked...
  • The United States was among the first to cut ties with Assad over the repression of anti-government protests that sparked war in 2011
  • Last year Syria returned to the Arab fold, seeking better ties with wealthy US-allied Gulf states, in the hope they can help fund reconstruction

Trump says Russia, China have secretly tested nuclear weapons

President Donald Trump alleged Sunday that countries including Russia and China have conducted underground nuclear tests unknown to the public,...

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Trump announces 100% chip tariff, pressuring Asian producers

The US president unveiled the levy at the White House on Wednesday ahead of the imposition of sweeping tariffs on...

Electric ‘air taxis’ could debut in Japan from 2027

Tokyo, Japan -- Airline ANA said Thursday that, together with a US start-up, it hopes to have electric "air taxis"...

Tourists drawn to Oman’s giant sinkholes

The sinkholes are marketed as a tourist attraction in Dhofar, whose temperate climate draws many visitors from the Gulf during...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

World Cup host Morocco under pressure to save stray dogs

Tangiers, Morocco - Animal welfare groups have accused Morocco of culling stray dogs as it prepares to host football's 2030...
  • Advocates have charged that Morocco was indiscriminately ridding its streets of strays ahead of the global sporting event it will jointly host with Portugal and Spain
  • Authorities in the North African country, however, insist they had endorsed a non-lethal method known as TNVR -- to trap, neuter, vaccinate, and then release the dogs

Only 1.5% of Gaza farmland usable, reveals latest satellite survey published by FAO

The survey, which dates from July 28, found that 8.6 percent of Gaza's farmland was accessible, but only 1.5 percent,...
  • In its previous survey, published at the end of May, the FAO had indicated that less than five percent of Gaza farmland was both accessible and undamaged
  • The Israeli offensive has killed at least 61,158 people in Gaza, mostly civilians, according to figures from the Gaza health ministry, which are considered reliable by the UN

Israel bars Jerusalem’s top Muslim cleric from Al-Aqsa: lawyer

Israeli authorities have banned Jerusalem's top Muslim cleric from entering the Al-Aqsa Mosque compound for six months over a recent...
  • Muhammad Ahmad Hussein, the grand mufti of Jerusalem, will be prevented from entering the holy site in the Israeli-annexed Old City until January 2026, according to lawyer Khaldoun
  • Hussein's lawyer said that the ban was due to a Friday sermon the mufti gave at Al-Aqsa -- Islam's third-holiest site -- in late July, "which contained nothing inappropriate."