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.

Newborn mortality and malnutrition surges in Gaza, says WHO

"From different doctors, particularly in the maternity hospitals, they're reporting that they're seeing a big rise in children born with...
  • WHO said that at Kamal Adwan, the only pediatric hospital in northern Gaza, at least 15 malnourished children are coming in per day.
  • The organization is unable to establish precise statistics on child mortality because of the devastation in the Palestinian territory after six months of war.

Spanish president wants parliament to recognize Palestine state by July

"We have to think seriously about doing it this semester," Sanchez told a group of Spanish journalists accompanying him on...
  • Sanchez, who after Jordan will visit Saudi Arabia and Qatar, wants to "try to convince Arab countries that have not yet recognized Israel to do so".
  • He has repeatedly said the only solution to the Israeli-Palestinian conflict is the recognition of two states, Israel and Palestine.

Sisi sworn in as Egypt’s President for third successive term

In power for the past decade, Sisi is set to remain president until 2030, after winning a December election with...
  • In power for the past decade, Sisi is set to remain president until 2030, after winning a December election with 89.6 percent of the vote against three relative unknowns
  • For the past two years, his administration has struggled to contain the fallout of a punishing economic crisis that has seen the currency lose two-thirds of its value

Israeli PM vows to ban Al Jazeera broadcasts

Netanyahu was quick to single out Qatar-based channel Al Jazeera, with which his government has a long-running feud that predates...
  • The law, passed on Monday by 70 votes to 10, grants top ministers the power to ban broadcasts by foreign channels deemed a national security threat and to shut their offices
  • The Committee to Protect Journalists said the law contributes to a climate of self-censorship and hostility toward the press, a trend that has escalated since Israel-Gaza war began

Iran calls for ‘international community response’ after Israel’s Syria attack

In a statement, Iran's foreign ministry spokesman Nasser Kanani "strongly condemned" the attack and said that Iran "reserves the right...
  • Iranian Foreign Minister Amir-Abdollahian described the Israeli attack on an Iranian consulate as a violation of all international obligations and conventions
  • In a night-time rally held in Palestine Square in central Tehran on Monday, hundreds of demonstrators, waving flags of Iran and Palestine, called for "revenge" and chanted slogans

Google to delete incognito search data

The suit filed in June of 2020 sought US$5bn in damages.
  • The lawsuit, filed in a California court in June 2020, claimed Google's practices had infringed on users' privacy by intentionally deceiving them with the incognito option
  • The settlement calls for no cash damages to be paid but leaves an option for Chrome users who feel they were wronged to sue Google separately to get money

Israeli attack kills several aid workers in Gaza

According to the health ministry in Gaza, the bodies of four foreign aid workers and their Palestinian driver were brought...
  • World Central Kitchen, a US based organization, called the incident a "tragedy"
  • Australian prime minister confirmed one of his country's citizens was among those killed

Hizbollah vows revenge for Israeli missile strike in Syria

Beirut, Lebanon--Lebanon's Iran-backed Hizbollah group warned Tuesday that Israel will pay for killing high-level Iranian Revolutionary Guards (IRGC) in a strike...
  • The Lebanese resistance group has exchanged near-daily cross-border fire with Israel in support of its ally Hamas since the Gaza war erupted in October.
  • The Syrian Observatory for Human Rights said 11 people were killed in the strikes, including eight Iranians, two Syrians and one Lebanese, all of them fighters.

Blinken in Paris for talks on Ukraine and Gaza

After Paris, Blinken will head to Brussels for NATO foreign ministers' talks ahead of the alliance's 75th anniversary summit in...
  • Paris has also advocated for a permanent ceasefire between Israel and Hamas
  • The United States recently let pass a UN Security Council resolution that calls for a truce

Israel, US hold virtual meeting on Rafah offensive plans

The White House said in a statement that the two sides had a "constructive engagement on Rafah" during two hours...
  • The Israeli side agreed to take the concerns into account and to have follow up discussions
  • The statement said that follow-up discussions will include in-person meetings next week

Trump stirs global tensions with surprise nuclear test order

The announcement came in the wake of Russia saying it had tested a nuclear-powered and nuclear-capable torpedo, as well as...

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Qatar to expand scheme to boost Syria power supply

Qatar is to expand its scheme to boost the power supply in Syria by paying for deliveries of Azerbaijani gas...

Israel’s Druze organise aid for violence-hit Syria community

In the quiet Galilee village of Julis, Israeli Druze volunteers are busy collecting food donations and gathering information to support...

Iran rejects Western accusations of overseas plots as ‘baseless’

In a statement, Iranian foreign ministry spokesman Esmaeil Baqaei described the claims as "baseless", calling them "an attempt to divert...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israeli writer Grossman denounces Gaza ‘genocide’

Rome, Italy -- Award-winning Israeli author David Grossman called his country's campaign in Gaza "genocide" and said he was using...
  • This came days after a major Israeli rights group also used the same term, amid growing global alarm over starvation in the besieged territory.
  • "This word is an avalanche: once you say it, it just gets bigger, like an avalanche. And it adds even more destruction and suffering," he said.

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.
  • The group’s financial position remains robust, with total assets of AED198.4 billion and equity of AED98.1 billion.
  • This quarter, Alpha Dhabi Holding and four of its portfolio companies featured in the Forbes Top 100 Listed Companies in the Middle East 2025.

US promises Gaza food plan after envoy visit

The visit by Steve Witkoff came as a report from global advocacy group Human Rights Watch accused Israeli forces of...
  • The UN human rights office in the Palestinian territories said at least 1,373 people had been killed seeking aid in Gaza since May 27 -- 105 of them in the last two days of July.
  • "Most of these killings were committed by the Israeli military," the UN office said, breaking down the death toll into 859 killed near GHF food sites.