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.

Israel deploys C-Dome defence system for the first time

On Monday evening, the Israel Defense Forces (IDF) reported an alert in the area of Eilat, which was targeted in...
  • The C-Dome is a naval version of the Iron Dome air defence system used to shield against rocket and missile attacks.
  • Mounted on Sa'ar 6-class corvettes, German-made warships, the C-Dome uses the same interceptor as the Iron Dome

Iran foreign minister in Syria after consulate strike blamed on Israel

Amir-Abdollahian is set to meet Syrian President Bashar al-Assad and Foreign Minister Faisal Mekdad during the visit, while Syria's information...
  • Tehran, a key Damascus ally, has vowed to avenge last Monday's air strike on the Iranian embassy's consular section that killed seven Islamic Revolutionary Guard Corps members
  • Iranian Foreign Minister Hossein Amir-Abdollahian began a regional tour a day earlier in Oman, long a mediator between Tehran and the West

Six months of bloodshed: the Gaza war in numbers

At least 33,175 people have been killed in the besieged Palestinian territory in Israel's campaign of retaliation for the October...
  • Over a third of those killed in Israel on October 7 and in the two subsequent days of violence were members of the security forces including 306 soldiers and 60 police officers
  • The Israeli military claims to have "eliminated" 12,000 enemy fighters there, including five brigade commanders and 20 battalion commanders

Trump increasingly ambiguous on Israel amid Gaza war

At the start of Israel's war with Hamas in October, Donald Trump loudly presented himself as the key US ally's...
  • In an exchange with Israeli media, Trump warned that videos "of bombs being dropped into buildings in Gaza" offer "a very bad picture for the world."
  • Despite allusions to his concerns, Trump has not explicitly mentioned the humanitarian crisis in Gaza, where experts warn a famine is looming.

Top Europe rights court to issue landmark climate verdicts

STRASBOURG, FRANCE – Europe's top rights court will on Tuesday issue unprecedented verdicts in three separate cases on the responsibility of...
  • In a sign of the importance of the issue, the cases have all been treated as priority by the Grand Chamber of the ECHR.
  • All three cases accuse European governments of inaction or insufficient action in their measures against global warming.

‘Terrible’ Israel-Hamas conflict ‘must end’: UK’s Sunak

The British government on Friday called for "utmost transparency" and a "wholly independent review" into the killing of seven aid...
  • Sunak said the children of Gaza needed a "humanitarian pause immediately, leading to a long-term sustainable ceasefire"
  • The British government, meanwhile, said a Royal Navy ship would be deployed to help get more aid into Gaza

Israelis rally against Netanyahu as Gaza war reaches half-year mark

Organizers said about 100,000 people converged at a Tel Aviv crossroads renamed "Democracy Square" since mass protests against controversial judicial...
  • Rallies were also held in other cities, with Israel's opposition leader Yair Lapid taking part in one in Kfar Saba ahead of his departure for talks in Washington
  • Israeli media said clashes had broken out between protesters and police at the Tel Aviv rally and police said one protester had been arrested

Israeli strikes target eastern Lebanon: source close to Hizbollah

Israel and Hizbollah have exchanged near-daily cross-border fire since the Palestinian group Hamas carried out an unprecedented attack on southern...
  • Israeli strikes targeted two areas in the Bekaa Valley, Janta and Sifri, the source told AFP in the Baalbek region in Lebanon's east
  • Janta is an arid, mountainous region close to the border with Syria, while Sifri is in the centre of the Bekaa Valley

US, Russian, Belarusian astronauts return to earth after 14 days in space

Moscow, Russia - A NASA astronaut, a Russian cosmonaut and Belarus's first ever space traveler on Saturday returned to Earth safely...
  • "Today, at 10:17am Moscow time (0717 GMT), the descent vehicle of Sozuz MS-24 manned spacecraft landed near the Kazakh city of Jezkazgan," Roscosmos reported.
  • The spacecraft took off from the Baikonur space port in Kazakhstan on March 23 after a two-day delay following a hitch in pre-launch preparations.

Seven children killed in Syria’s as explosive device goes off

Damascus, Syria - Seven children were killed in southern Syria's Daraa province on Saturday when an "explosive device" detonated, state media...
  • The Britain-based monitor said militias were accused of planting the device in order to target an unidentified person in the area.
  • Syria's war, which escalated into a deadly conflict that pulled in gunmen and foreign armies, has killed more than 507,000 people.

High price of gold inspires new rush in California

El Dorado Hills, United States -- Matt James has collected gold nuggets for years from the hills and riverbeds of...

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Iran says US accountability for attacks on nuclear sites part of any future talks

Iran said Monday it would hold the United States accountable for attacks on its nuclear sites in any future negotiations,...

Trump says to raise tariff on India over Russia oil purchases

President Donald Trump threatened Monday to "substantially" hike US tariffs on goods from India over its purchases of Russian oil...

Tesla approves $29 bn in shares to Musk as court case rumbles on

Washington, United States -- Tesla announced an "interim" compensation award worth about $29 billion for Elon Musk on Monday, asserting...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Jordan sees decrease in number of tourists over Gaza war

Amman, Jordan -- Jordan has seen a decrease in the number of tourists visiting its famed ancient city of Petra...
  • According to figures from the Petra tourism authority carried by official media, 32 hotels have had to shut down and nearly 700 people have lost their jobs.
  • Petra, famous for its stunning temples hewn from rose-pink cliff faces, is a UN World Heritage site.

AI search pushing an already weakened media ecosystem to the brink

New York, United States - Generative artificial intelligence assistants like ChatGPT are cutting into traditional online search traffic, depriving news...
  • A recent Pew Research Center study reveals that AI-generated summaries now appearing regularly in Google searches discourage users from clicking through to source articles
  • This represents a devastating loss of visitors for online media sites that depend on traffic for both advertising revenue and subscription conversions

Netanyahu seeks Red Cross help after hostage videos, Hamas says no special food privileges for captives

In response, Hamas's armed wing said it would allow the agency access to the hostages but only if "humanitarian corridors"...
  • Hamas's armed wing said it would allow the agency access to the hostages but only if "humanitarian corridors" for food and aid were opened "across all areas of the Gaza Strip."
  • The Al-Qassam Brigades said it did "not intentionally starve" the hostages, but they would not receive any special food privileges "amid the crime of starvation and siege" in Gaza