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.

Hamas undecided on sending delegation to new truce talks: Official

The official said the gap between the two sides' negotiating positions was too wide. "I doubt that there will be...
  • "Netanyahu is not serious and not interested, and the US administration is not exerting real pressure as long as it judges that things are still under control," he added.
  • Mediators had hoped to secure a ceasefire before the start of Ramadan, but progress stalled and the holy month is more than half over.

Thousands gather for pro-Palestinian rally in London

LONDON, UK – Thousands of pro-Palestinian protesters rallied in London on Saturday, in the latest demonstration in the British capital demanding...
  • London has seen numerous large-scale pro-Palestinian protests since Israel mounted its military response to Hamas's unprecedented attack.
  • A smaller number of demonstrators also turned out for a counter-protest in support of Israel, with lines of police separating the two gatherings.

Romania center explores world’s most powerful laser

The high-tech building housing the center cost $350 million, mainly financed by the EU. Thales bills it as the largest...
  • The laser at the center, near the Romanian capital Bucharest, is operated by French company Thales, using Nobel prize-winning inventions.
  • Countries including France, China and the United States are already advancing their own projects to manufacture even more powerful lasers.

UN says four staff wounded in south Lebanon blast

The military observers, from Australia, Chile and Norway, and a Lebanese language assistant had been on foot patrol around the...
  • Lebanese PM Najib Mikati condemned what he called a "dangerous incident", while his foreign ministry said the attack was "in violation of international law"
  • UN chief Antonio Guterres condemned Saturday's blast and underscored "grave concern" over the frequent exchange of fire along the Blue Line

Gaza ceasefire talks to resume in Cairo: Egyptian media

Reports of the new talks in Cairo came as protesters in Israel's biggest city blocked a major road Saturday following...
  • Egypt, Qatar and key Israeli ally the United States have mediated previous rounds of negotiations, but a workable agreement has remained elusive
  • Reports of the new talks in Cairo came as protesters in Israel's biggest city blocked a major road Saturday following demonstrations calling for the release of hostages

Deadly chaos at Gaza aid distribution as WHO renews hospital warning

UN agencies have warned repeatedly that northern Gaza is on the verge of famine and called it a man-made crisis...
  • Israel's siege brings nightly air strikes and in recent days major operations around several hospitals, which it says are used by Palestinian group
  • The World Health Organization warned that Gaza had just 10 "minimally functioning" hospitals for its more than two million people

Sticky-fingered journalists on Air Force One put on notice

Media outlets pay for the journalists to fly on the government plane with US president, along with the meals and...
  • For years, journalists have quietly stuffed everything from engraved whiskey tumblers to wine glasses from the Air Force One insignia on it into their bag before leaving the plane
  • Last month, the White House Correspondents' Association sent an email to its members, issuing a stern notice that missing items from the press cabin had not gone unnoticed

WHO says 9,000 patients need emergency evacuation from Gaza

"Around 9,000 patients urgently need to be evacuated abroad for lifesaving health services, including treatment for cancer, injuries from bombardments,...
  • The WHO chief Ghebreyesus said that "Around 9,000 patients urgently need to be evacuated abroad for lifesaving health services".
  • "With only 10 hospitals minimally functional across the whole of #Gaza, thousands of patients continue to be deprived of health care," WHO chief said.

Five killed in Gaza aid delivery chaos, say medics

Gaza City, Palestinian Territories - The Palestine Red Crescent said five people were killed and dozens wounded by gunfire and a...
  • AFP video footage shows a convoy of trucks moving past burning debris near the distribution point in pre-dawn darkness as people shout and gunfire echoes.
  • The Red Crescent said it happened after thousands of people gathered for the arrival of around 15 trucks of flour and other food.

Death toll in Israeli strikes on Syria climbs to 52, says monitor

Beirut, Lebanon - The death toll in Israeli air strikes on Syria has risen to 52, including 38 government soldiers and...
  • They targeted "a rocket depot belonging to Lebanon's Hizbollah" near the Aleppo airport in northern Syria, the war monitor said.
  • Israeli strikes on targets in Syria have increased since Israel's war against the Hizbollah-allied Hamas group in the Gaza Strip broke out on October 7.

After delays, Egypt set for lavish opening of grand museum

Cairo, Egypt - With much pomp and circumstance, Cairo is due to inaugurate on Saturday the long-awaited Grand Egyptian Museum,...

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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...

World economies reel from Trump’s tariffs

The tariffs are a demonstration of raw economic power that Trump sees putting US exporters in a stronger position while...

Sweden jihadist jailed for life over Jordan pilot burned alive

Stockholm, Sweden - A Stockholm court on Thursday handed down a life term to Swedish jihadist Osama Krayem over the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel says struck Hezbollah missile factory in Lebanon

Israel said it carried out strikes on Thursday on sites used by Hezbollah to manufacture and store missiles in Lebanon,...
  • Defence Minister Israel Katz said targets included "Hezbollah's --- missile manufacturing site", and military said it had hit "infrastructure that was used for producing weapons
  • Both Katz and the Israeli military accused Hezbollah of attempting to rebuild its military infrastructure and demanded that the Lebanese army move to disarm the militant group

Trump’s envoy Witkoff holds talks in Israel on ceasefire as Gaza criticism mounts

Witkoff has been the top US representative in indirect negotiations between Israel and Hamas but the discussions broke down last...
  • Witkoff, who has been involved in months of stalled negotiations for a ceasefire and hostage release deal, met Prime Minister Benjamin Netanyahu shortly after his arrival
  • Gaza's civil defence agency reported at least 58 Palestinians killed late Wednesday when Israeli forces opened fire on a crowd attempting to block an aid convoy

Trump’s global trade policy faces test, hours from tariff deadline

The last-gasp scramble to strike bilateral accords came as an appeals court in Washington considered the legality behind Trump's strategy...
  • Trump doubled down on the wide-ranging levies, posting on Truth Social: "Tariffs are making America GREAT & RICH Again."
  • So far, Washington has announced pacts with Britain, Vietnam, Japan, Indonesia, the Philippines, South Korea and the European Union.