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.

Paris crowns champion waiters in one-of-a-kind ‘cafe race’

Paris, France -- Visitors to central Paris were treated Sunday to the sight of hundreds of aproned waiters surging through the...
  • First born in 1914, the "course des garcons de cafe" was held on March 24 for the first time since 2011 -- four months before the city hosts the Olympics in July-August.
  • The 200 contestants started and finished the race at city hall by the Seine river, set on their way by mayor Anne Hidalgo.

Gaza fighting rages as UN chief decries ‘horror and starvation’

Guterres urged an end to the "non-stop nightmare" endured by Gaza's 2.4 million people in a visit to the Egyptian...
  • Deadly fighting meanwhile rocked Gaza, where Hamas reported 21 deaths on Saturday at an aid distribution point on the outskirts of Gaza City.
  • Hamas said they were killed by Israeli "tank fire and shells". Israeli forces also pressed on with their offensive in and around the Al-Shifa hospital complex.

IMF chief calls upon China to boost growth with pro-market reforms

BEIJING, CHINA – The head of the International Monetary Fund on Sunday called on China to implement "a comprehensive package of...
  • Chinese policymakers have so far resisted calls to juice the economy through massive government stimulus.
  • Authorities should boost "the spending power of individuals and families" by beefing up China's pension system, IMF said.

Sprinklers and drip irrigation help Iraqis beat drought

After four years of drought, Iraqi farmer Mohammed Sami was about to abandon his father's parched land, but then a...
  • Last year the WFP's water management project helped more than 1,100 farmers "in areas most affected by climate change and drought," said Khansae Ghazi from the UN agency
  • The new irrigation systems "use 70 percent less water than traditional methods such as flooding" -- the vastly more wasteful method used for millennia

Under siege, Sudanese risk their lives to feed each other

Sameh Makki's soup kitchen is barely 100 meters from the market, but it can take two hours to make the...
  • When war erupted, the resistance committees of Youth created Emergency Response Rooms to provide civilians in the line of fire with healthcare, evacuation help and food aid
  • International aid groups call them the frontline of Sudan's humanitarian response and the United Nations has said ERRs have helped over four million civilians across Sudan

Chinese-owned tanker hit by Houthi missile in Red Sea

The Panamanian-flagged, Chinese-owned and operated Huang Pu issued a distress call but did not request assistance, US Central Command said....
  • CENTCOM said Houthi rebels had launched four anti-ship ballistic missiles in the Red Sea
  • It added that, after the attack, US forces engaged six drones launched by the Houthis

Three wounded in Israeli strikes in east Lebanon

Israel has been launching air strikes deeper into Lebanese territory for several weeks against Hizbollah positions, heightening the threat of...
  • The Israeli military said in a statement fighter jets "struck a Hizbollah manufacturing site"
  • At least 323 people have been killed in Lebanon, most of them Hizbollah fighters

Turks to vote in local polls as Erdogan seeks to avenge defeat

Erdogan has entrusted his former environment minister Murat Kurum to run for mayor of Istanbul in the March 31 polls...
  • Erdogan is leading the AKP campaign and his rallies are broadcast daily on television
  • The government's failure to get inflation of 67% under control could hurt his Kurum's chances

Israel military signals extended operation at Gaza hospital

Jerusalem--A top Israeli commander has said troops will continue their operation at Gaza's largest hospital Al-Shifa until the last Hamas...
  • The operation in and around Al-Shifa hospital was launched by Israeli forces on Monday, saying senior Hamas operatives were based in the compound
  • Days of heavy fighting have followed, with the military reporting about 170 Palestinian fighters killed and hundreds more arrested or questioned

Hamas official speaks of big gaps with Israel in truce talks

An official from the Palestinian resistance group with knowledge of the talks said that there is a deep divergence in...
  • The talks over a ceasefire and possible exchange of hostages and prisoners resumed in Doha this week
  • Israel believes about 130 hostages remain in the Gaza Strip, including 33 who are presumed dead

Israel hits dozens of targets as Gaza sees deadliest night since truce

Gaza's civil defense agency said more than 100 people were killed, including many children, but both US President Donald Trump...

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Putin stresses Syrian ‘territorial integrity’ in call with Netanyahu after Druze unrest

Russia, a close ally of Syria's former long-time ruler Bashar al-Assad, who reportedly fled to Moscow with his family, still...

Food arrives in Gaza after Israel pauses some fighting

Gaza City, Palestinian Territories -- Truckloads of food reached hungry Gazans on Monday after Israel promised to open secure aid...

European Union probes UAE oil giant’s purchase of Germany’s Covestro

Brussels, Belgium -- The European Commission on Monday announced an investigation into the takeover of German chemical firm Covestro by...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Tunisia plastic collectors spread as economic, migration woes deepen

Tunis, Tunisia - A towel draped over his head, Hamza Jabbari sets bags of plastic bottles onto a scale. He...
  • The 40-something-year-old said he starts the day off at dawn, hunching over bins and hunting for plastic before the rubbish trucks and other plastic collectors come
  • "It's the most accessible work in Tunisia when there are no job offers," Jabbari said, weighing a day's haul in Bhar Lazreg, a working-class neighbourhood north of Tunis

Syria sets date for new transitional parliament, local bodies to elect two-thirds of lawmakers

Syrian autorities led by President Ahmed al-Sharaa -- dissolved the former longtime ruler Bashar al-Assad's rubber-stamp legislature and adopted a...
  • In June, a presidential decree established a 10-member committee to supervise the formation of local electoral bodies to select a new batch of lawmakers
  • State news agency SANA reported on Sunday that committee head Mohammed Taha al-Ahmad had met with Sharaa to discuss the process

The UN, the Palestinians, Israel and a stalled two-state solution

Ever since the partition of Palestine into Jewish and Arab states in 1947, the United Nations has been inextricably linked...
  • In November 1947, the UN General Assembly adopted Resolution 181 dividing Palestine - which was then under British mandate - into Jewish and Arab states
  • Israel declared independence in May 1948, triggering the Arab-Israeli war which was won convincingly by Israel the following year