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 systematically destroying Gaza healthcare, says MSF

Doctors Without Borders (MSF) said deadly attacks on humanitarian staff showed either deliberate intent or reckless incompetence, and called for...
  • MSF said the healthcare system in Gaza before the war was imperfect but robust and improving
  • The medical charity said that Israel was acting with impunity in the Palestinian territory

NATO @ 75 seeks US-Europe alliance as Russia threat, Trump looms

Brussels, Belgium - NATO chief Jens Stoltenberg urged the United States to stick together with Europe as the Western military alliance...
  • Russian invasion of Ukraine re-invigorated NATO as it was confronted by one of most serious challenges since it emerged from the ashes of World War II to counter the Soviet Union.
  • But while the war has refocused NATO's attention on its old nemesis Moscow to the east -- there is also another threat unnerving allies from leading power the US in the west,

Bodies of killed Iranian soldiers reaches Tehran from Syria

Tehran, Iran - Iran has repatriated the bodies of seven Revolutionary Guard Corps members killed in a strike on the country's...
  • The Guards, including two generals, were killed in the air strike on Monday which levelled the Iranian embassy's consular annex.
  • "The bodies of the Iran embassy martyrs arrived at Mehrabad airport" in Tehran, the ISNA news agency reported overnight.

Israel revokes leave for all combat units amid Iran threat

Jerusalem - The Israeli army has suspended leave for its combat units, it said on Thursday, amid the Gaza war...
  • Israeli media reported that the military was also calling up more reservist soldiers "against the background of the visible threats from Iran".
  • The Israeli military also said that, after a "situational assessment, it was decided to increase manpower and draft reserve soldiers to the IDF Aerial Defense Array".

Sweden Quran burner arrested in Norway, faces deportation

OSLO, NORWAY – An Iraqi refugee in Sweden who stoked international outrage by repeatedly desecrating the Quran last year has been...
  • According to a ruling by the Oslo District Court, Salwan Momika,was arrested on March 28 -- a day after he arrived.
  • In the court's ruling it said "a deportation will take place as soon as the formal and practical arrangements are in place."

Electric cars credited with lower CO2 emissions in US neighborhoods

LOS ANGELES, US – The booming use of electric vehicles in parts of California is reducing CO2 emissions in those areas,...
  • Scientists at the University of California, Berkeley, say a network of sensors has logged a small drop in the volume of carbon dioxide.
  • Carbon dioxide is one of the main contributors to global warming, the human-caused phenomenon of rising temperatures.

Britain expands investigation into Vodafone-Three UK merger

London, United Kingdom - Britain's competition regulator deepened Thursday its probe into Vodafone's planned merger of British mobile phone operations with...
  • The watchdog had warned last month that the deal could have a "substantial" impact on competition and may lead to higher prices and also reduced quality for consumers.
  • The merger, if approved, will vault the combined operations above the country's two largest mobile operators BT EE and Virgin Media O2 in terms of customer numbers.

Born to help: Syria bikers deliver Ramadan meals

The volunteers don their club's signature blue vest, the front and back embroidered with their emblem: a flaming motorbike and...
  • "We hit the most disadvantaged areas," said Tarek Obaid, head of Hope Bikers Syria, whose 50 volunteers make and distribute the food for various charities in the Syrian capital
  • Syria has been ravaged by 13 years of war that has killed more than half a million people and battered the country's economy and infrastructure.

Who recognises the existence of a Palestinian state?

Paris, France -- Israel's almost six-months-old war in Gaza since the October 7 attack has revived calls for Palestinians to be...
  • According to the Palestinian Authority, which rules parts of the occupied West Bank, 137 of the 193 UN members already recognize a Palestinian state.
  • Spain's left-wing Prime Minister Pedro Sanchez has announced plans to soon recognize a Palestinian state.

‘Shocking increase’ of children denied aid in conflicts: UN

In addition to access to humanitarian aid, the UN's report on children and armed conflict also lists the number of...
  • UN report published last year recorded nearly 4,000 confirmed cases of aid being denied to children
  • Half of the cases in last year's UN report were of Israeli forces denying aid to children in Gaza

UN Security Council backs Morocco plan for W. Sahara autonomy

The UN Security Council voted Friday in favor of a resolution backing Morocco's autonomy plan for Western Sahara as the...

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Tunisia’s Jaouadi pushes through pain for second world gold

Singapore, Singapore -- Tunisia's Ahmed Jaouadi added the 1,500m freestyle world title to his 800m crown on Sunday for a...

Palestinians across major West Bank cities protest Gaza war

One of the largest marches took place in Ramallah, the seat of the Palestinian Authority located just north of Jerusalem,...

Filmmakers try to cash in on India-Pakistan battle

Mumbai, India -- Indian filmmakers are locking up the rights to movie titles that can profit from the patriotism fanned...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Chaos, Israel-aided gangs and gunfire: Gaza aid fails to reach most needy

Nearly 1,400 Palestinians have been killed in the Gaza Strip while waiting for aid since May 27, the majority by...
  • The Israeli army is also accused of having equipped Palestinian criminal networks in its fight against Hamas and of allowing them to plunder aid.
  • For more than 2 million inhabitants of Gaza the US-backed GHF has just four distribution points, which the UN describes as a "death trap".

Eight OPEC+ countries raise production by 547,000 bpd to regain market share

Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, along with the Saudis and Russians currently produce about 41-42 mbd.
  • Analysts said there was unlikely to be a major impact on prices, with the Brent reference oil currently selling at about $70 a barrel.
  • Oil prices have held up better than observers anticipated amid strong summer demand and a high geopolitical risk premium, notably owing to conflict between Iran and Israel.

Israel intercepts Huthi missile fired from Yemen

The Israeli military said it intercepted a missile fired from Yemen on Friday, which the Iran-backed Huthi rebels said they...
  • "Following the sirens that sounded a short while ago in several areas in Israel, a missile that was launched from Yemen was intercepted," the Israeli military said
  • The Huthis targeted Israel's Ben Gurion airport "using a 'Palestine 2' hypersonic ballistic missile", their military spokesman Yahya Saree said in a video statement