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.

End war’s ‘nightmare’, UN chief says at gates of Gaza

Rafah, Egypt - UN chief Antonio Guterres, on a visit to the doorstep of Gaza, on Saturday said the world has...
  • "I carry the voices of the vast majority of the world who have seen enough," Guterres said, deploring "generations wiped out"
  • Guterres appealed to Israel for "total, unfettered access for humanitarian goods throughout Gaza"

Gaza health ministry says Israel kills 9 people waiting for aid

Palestinian Territories - The health ministry in Hamas-run Gaza said Israeli fire on Saturday killed nine people and wounded dozens...
  • "At least nine martyrs and dozens injured by Israeli occupation army tank fire and shells," said Gaza's health ministry.
  • Just over a week ago Gaza's health ministry blamed Israeli fire for the death of 20 people seeking aid at the Kuwait roundabout.

Israeli minister calls UN ‘anti-Israeli’ as Guterres visits Gaza border

JERUSALEM - Israel's foreign minister said on Saturday the United Nations had become an "anti-Israeli body" under Antonio Guterres, after...
  • "Under his (Guterres's) leadership, the UN has become an anti-Semitic and anti-Israeli body that shelters and emboldens terror," Foreign Minister Israel Katz said.
  • Katz's government has accused staff at the UN agency for Palestinian refugees of involvement in Hamas's October 7 attack that triggered the war.

Putin vows retribution on Moscow concert hall attacks, as toll rises

Russian President Vladimir Putin vowed to punish those behind a "barbaric terrorist attack" on a Moscow concert hall that killed...
  • It is the deadliest attack on Russia in almost two decades and the deadliest in Europe to have been claimed by the Islamic State.
  • Russian officials expect the death toll to rise further, with more than 100 injured in hospital.

Nike’s long international struggle with Adidas

German newspapers reported that the American sports equipment giant overcame their rival's home advantage with a bid of around 100...
  • Nike scored their biggest upset this week when they persuaded the DFB to drop Adidas after four World Cup wins and 70 years
  • The Adidas contract with the German Football Federation will end after the 2026 World Cup in the United States, Canada and Mexico

US military says struck 3 Houthi underground storage sites in Yemen

The Houthis began attacking ships in the Gulf of Aden and the Red Sea in November, a campaign they say...
  • US forces "conducted self-defense strikes against three Houthi underground storage facilities in Iranian-backed Houthi controlled areas of Yemen," CENTCOM said
  • US forces had also "successfully engaged and destroyed four unmanned aerial vehicles" in Houthi-controlled areas of Yemen throughout Friday

UN Security Council vote on new Gaza ceasefire text postponed to Monday

Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and...
  • The new, tougher draft resolution, seen by AFP, "demands an immediate ceasefire" for the ongoing Muslim holy month of Ramadan that leads "to a permanent sustainable ceasefire"
  • Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and unconditional" release of hostages seized by Hamas

Nasdaq edges to record

The Dow Jones Industrial Average dropped 0.8 percent.
  • All three indices finished at records the last two days, on the back of Wednesday's Federal Reserve meeting
  • The Dow Jones Industrial Average dropped 0.8 percent to 39,475.90, retreating from a serious drive at the 40,000-point level

UN chief to visit Gaza border as Israel vows to go ahead with Rafah attack

On Saturday, UN chief Guterres plans to meet with aid workers on the Egyptian side of Rafah, just across the...
  • During his visit, Guterres plans to reiterate his call for ceasefire, though international pressure has so far failed to dissuade Israel from the planned ground offensive in Rafah
  • Despite warnings that such an invasion would cause mass civilian casualties and worsen the humanitarian crisis, Netanyahu said he must press ahead with the attack

Death toll climbs to ‘more than 60’ in Moscow concert attack: Agencies

Meanwhile, the fire at a Moscow concert hall has been "mostly eliminated", the Russian capital's governor said on Saturday. "There...
  • President Vladimir Putin wished a speedy recovery to the wounded victims of the deadly attack, Russia's deputy prime minister said on Saturday after meeting with him
  • The United States warned Russian authorities earlier in March about a terrorist attack possibly targeting "large gatherings" in Moscow, the White House said Friday

AI chip giant Nvidia becomes world’s first $5 trillion company

New York, United States -- AI chip juggernaut Nvidia became the world's first $5 trillion company on Wednesday, as investors...

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Major Israeli rights groups brand Gaza campaign ‘genocide’, a first for Israeli NGOs

Rights groups B'Tselem and Physicians for Human Rights Israel have been frequent critics of Israeli government policies, but the language...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Godzilla fans fete the monster as it turns 70

San Diego, United States - Godzilla has morphed over the years, but one constant is the devotion of its fans,...
  • The Japanese studio Toho, which created Godzilla, maintains a calendar of events to celebrate the beast often called the king of monsters, and Comic-Con is on the agenda
  • As the story of Godzilla goes, a prehistoric amphibious beast is awakened and mutated by nuclear bomb testing in the Pacific

Food airdropped into Gaza as Israel says opening aid routes

UN's World Food Programme said a third of the population of Gaza had not eaten for days, and 470,000 people...
  • Since Israel imposed a total blockade on aid entering Gaza, the situation inside the territory has deteriorated sharply. More than 100 NGOs warned this week of "mass starvation".
  • Humanitarian officials are deeply skeptical airdrops can deliver enough food safely to tackle the hunger crisis.

Humanoid robots embodiment of China’s AI ambitions

Shanghai, China -- Serving craft beer, playing mahjong, stacking shelves and boxing, the dozens of humanoid robots at Shanghai's World...
  • The Chinese government has poured support into robotics, an area in which some experts think China might already have the upper hand over the United States.
  • Tech giant Baidu on Saturday announced a new generation of technology for its "digital humans" -- AI agents modelled on real people.