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.

Syrian leader to discuss sanctions, reconstruction in US visit: FM

Syria's president will discuss issues including lifting remaining sanctions, reconstruction and counter-terrorism when he becomes the country's first leader to...

Geostrategy

OPEC+ looks set to further hike oil output

Since April, the V8 group -- comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman...

Geostrategy
Geostrategy

Lebanon’s Hizbollah targets Israel base, wounding 14 soldiers

Hours after the strike on Arab al-Aramshe, an Arab-majority village in northern Israel near the border, Israeli forces hit targets...
  • Israel and Hizbollah, an Iran-backed Hamas ally, have been exchanging near-daily cross-border fire since the Palestinian group attacked southern Israel on October 7
  • But Hizbollah strikes in the past few days have included a growing use of explosive drones and wounded people in Israel, which has struck deeper into Lebanon in recent weeks
Geostrategy

Climate impacts set to cut 2050 global GDP by nearly a fifth

But slashing greenhouse gas emissions as quickly as possible remains crucial to avoid even more devastating economic impacts after mid-century,...
  • Climate change caused by CO2 emissions already in the atmosphere will shrink global GDP in 2050 by about $38 trillion, or almost a fifth.
  • Germany and the United States are forecast to see income shrivel by 11 percent by 2050, and France by 13 percent.
Geostrategy

Italy PM Meloni visits Tunisia for migration talks

Meloni's latest visit to Tunisia came as part of her so-called Mattei Plan, a program aiming to posit Italy as...
  • Meloni met with Saied, who vowed in a national security meeting the day before that Tunisia "will be neither a center nor a crossing point" for sub-Saharan migrants
  • "Cooperation on migration remains a central aspect of the relationship between Italy and Tunisia," Italian officials said

Dubai roads, airport reel from floods after record rains

Power outages were reported around Dubai, which was dotted with flooded areas and submerged and abandoned cars. One road tunnel...
  • Power outages were reported around Dubai, which was dotted with flooded areas and submerged and abandoned cars
  • One road tunnel near the airport was completely flooded to a depth of several metres
Geostrategy

UN Security Council to vote this Thursday on full Palestinian membership

Against the backdrop of the grinding conflict in Gaza, a city largely devastated by more than six months of war...
  • The Palestinians formally revived this April an application first made to the world body in 2011
  • Statehood requires a defined territory, a permanent population, a government and the ability to enter into international relations
Geostrategy

US, EU to impose fresh sanctions on Iran following recent missile attack on Israel

The United States announced Tuesday that it was preparing new sanctions on Iran's missile and drone program after last weekend’s...
  • Washington would impose new sanctions targeting Iran, including its missile and drone program
  • EU foreign policy chief Josep Borrell said Brussels is working on expanding sanctions against Iran's supplies of weaponry

Dubai airport diverts flights as ‘exceptional weather’ hits Gulf

Dubai, the Middle East's financial centre, has been paralyzed by the torrential rain that caused floods across the UAE and...
  • The world's busiest air hub for international passengers confirmed a halt to arrivals at 7:26 pm (1526 GMT) before announcing a "gradual resumption" more than two hours later
  • Earlier the airport, which had been expecting more than 100 flight arrivals on Tuesday evening, briefly halted its operations in the chaos caused by the storm
Geostrategy

Global ocean summit nets $10 billion in pledges: Greek PM

Athens, Greece -- An international summit on saving the oceans netted $10 billion in pledges, the prime minister of host country...
  • This year's three-day conference began Monday with delegates from around 120 countries.
  • The "Our Oceans" summit was launched in 2014 as the first international event of its kind to address all issues related to oceans.
Geostrategy

Heavy floods hit Dubai airport as Oman death toll rises to 18

Dubai, the Middle East's financial center, was paralyzed by the heavy storms that caused widespread flooding around the United Arab...
  • Roads and residential communities also suffered heavy flooding in scenes repeated around the Emirates, where rain is an unusual event.
  • A child's body was recovered on Tuesday, bringing the death toll to 18 with two people missing, emergency authorities told the official Oman News Agency.
Geostrategy

Jordan says won’t become ‘theatre of war’ between Israel and Iran

If the Gaza war raging since October 7 has created tough challenges for Jordan, it now faces the additional threat...
  • Jordan was among a group of nations that helped Israel shoot down missiles, rockets and attack drones launched by Iran
  • Jordan stressed its aim was to safeguard its own sovereignty rather than defend Israel

Syrian leader to discuss sanctions, reconstruction in US visit: FM

Syria's president will discuss issues including lifting remaining sanctions, reconstruction and counter-terrorism when he becomes the country's first leader to...
Geostrategy

Company News

Latest News

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...
Geostrategy

Apple to invest additional $100 bn in US: White House

Washington, United States -- Apple will invest an additional $100 billion in the United States, taking its total pledge to...
Business

Full occupation of Gaza looms as Israel orders army to execute any decision

The Israeli press, citing officials, has predicted an escalation of operations, including in densely populated areas where hostages are believed...
Geostrategy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Economy

“We are facing a global crisis”: Plastic pollution treaty talks open with ‘global crisis’ warning

Plastic pollution is so ubiquitous that microplastics have been found on the highest mountain peaks, in the deepest ocean trench...
  • States should seize the chance to shape history, the man chairing the talks said as 10 days of negotiations kicked off at the United Nations in Geneva
  • "We are facing a global crisis," Ecuadoran diplomat Luis Vayas Valdivieso told the more than 1,800 negotiators as they prepared to thrash out their differences
Geostrategy

Netanyahu says Israel must complete defeat of Hamas to free hostages, secure Israel

Israeli media said the premier was considering ordering the total occupation of the Palestinian territory, with public broadcaster Kan reporting...
  • "It is necessary to complete the defeat of the enemy in Gaza, to free all our hostages and to ensure that Gaza will no longer pose a threat to Israel," Netanyahu said
  • Netanyahu's office said he held a three-hour "security discussion" on Tuesday with army chief Eyal Zamir, but did not disclose any new war plans
Geostrategy

UN experts call for Israel-backed Gaza Humanitarian Foundation to be dismantled

"The GHF ... is an utterly disturbing example of how humanitarian relief can be exploited for covert military and geopolitical...
  • On July 22, the UN rights office said Israeli forces had killed more than 1,000 Palestinians trying to get food aid in Gaza since the GHF started operations.
  • The joint statement was signed by Francesca Albanese, the UN's special rapporteur on the rights situation in the Palestinian territories occupied since 1967.