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.

Military planes from 5 countries drop aid over Gaza

The UN says that the vast majority of Gaza's 2.4 million people are on the brink of famine, particularly in...
  • Jordan said that US, French, Belgian and Egyptian planes also participated in the operation
  • Jordan has conducted 37 unilateral airdrop operations, dropping aid

Hamas still open to Gaza truce talks, says Ismail Haniyeh

Hamas chief said in a televised speech that Israel was unwilling to meet Hamas's conditions for a deal that would...
  • He said Hamas wanted a durable ceasefire, a withdrawal of Israeli troops from Gaza
  • Israel says 99 hostages remain alive and that 31 have died so far in Gaza

Putin set for election coronation in vote with no opposition

Ballots will also be cast in the four Ukrainian regions Moscow claimed to have annexed in 2022, as well as...
  • In power as president or prime minister since the final day of 1999, Putin has quashed all forms of opposition and dissent
  • Victory in the March 15-17 contest will allow him to stay in the Kremlin until at least 2030, longer than any Russian leader since Catherine the Great in the eighteenth century

Israel’s PM rejects Biden critique of war policy in Gaza

His comments came one day after Biden said Netanyahu "must pay more attention to the innocent lives being lost as...
  • Netanyahu disputed the death toll issued by the health ministry in Gaza
  • He said his policies were "supported by the overwhelming majority of the Israelis"

Nolan’s masterpiece ‘Oppenheimer’ wins best picture Oscar

Hollywood, United States - It is, in the words of its director, the story of the most important person who ever...
  • Christopher Nolan's masterpiece - the story of the brilliant physicist who oversaw the invention of the atomic bomb - is a grand, old-fashioned blockbuster for grown-ups
  • Shot on a $100 million budget, "Oppenheimer" spared no expense, and bucked the recent trend of smaller, indie movies winning the most prestigious Oscar

Saudi king calls for end to ‘heinous crimes’ in Gaza

In his Ramadan message, King Salman while giving thanks for the blessings bestowed upon the kingdom said the war in...
  • He exhorted the international community to put an end to 'these heinous crimes'
  • Gaza is in the midst of a spiralling humanitarian crisis after months of Israeli war

Muslim nations announce start of Ramadan in shadow of Gaza war

In Saudi Arabia, the start of the holy month had been cast into doubt after some of the kingdom's observatories...
  • Saudi Arabia said through its official news agency that the Supreme Court had announced "Monday, March 11, 2024, the beginning of the blessed month of Ramadan for this year"
  • Egypt's Islamic advisory body Dar al-Ifta likewise confirmed Ramadan was beginning on Monday, as it was in the Palestinian Territories including Gaza, and in Algeria and Tunisia

Cryptocurrency Ether witnesses meteoric rise since launch

NEW YORK, US – Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet...
  • Launched in 2015, Ether is by far the second-largest digital currency in terms of total value, now estimated at over $460 billion.
  • Bitcoin's rise has been well-documented, but Ether's has been even more impressive, surging almost 72 percent year to date.

Led by Elon Musk, Silicon Valley tech titans make rightward turn

Washington, United States -- Since his tumultuous takeover of Twitter, Elon Musk has made an unabashed turn to the right politically,...
  • Musk's politics are now hardline right wing as he uses his platform (now called X) to stoke the themes cherished by Fox News, conservative talk radio and far right movements.
  • Musk is not alone: other Silicon Valley mavens are also defending conservative causes, making noise in what electorally remains a liberal stronghold.

Hizbollah fires dozens of rockets at Israel after deadly strikes

Hizbollah said it had fired dozens of rockets into northern Israel after Israeli strikes the day before left five dead...
  • Meron is home to a major air control base that the Iran-backed group has targeted several times since the start of the year.
  • Hizbollah said it had acted "in response to Israeli attacks against villages in the south and the homes of civilians".

TotalEnergies approves restart of $20-bn Mozambique gas project

Paris, France -- France's TotalEnergies said Saturday the consortium it leads to build a $20-billion liquified natural gas project in...

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Thousands in Morocco call for end to Gaza war, normalization deal with Israel

Rabat, Morocco -- Tens of thousands of Moroccans demonstrated Sunday in the capital Rabat against the dire humanitarian situation in...

European powers plan fresh nuclear talks with Iran

Berlin, Germany -- Britain, France and Germany are planning to hold fresh talks with Iran on its nuclear programme in...

Syrian govt says fighting in Sweida halted after tribal forces pull out

Druze fighters had pushed out rival armed factions from the city on Saturday, a monitor said, after the government ordered...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Restoring sea floor after mining may not be possible, researchers warn

Kingston, Jamaica -- Scientists present at the latest effort to hash out international rules for deep-sea mining say it's unclear...
  • The sea floor is a coveted frontier for companies and countries eager to access minerals that are in high demand for emerging technologies such as electric cars.
  • Particularly coveted are potato-sized nodules containing cobalt, nickel, copper and manganese, that are found in abundance on the seabed in the central Pacific Ocean.

Ceasefire order fails to halt fighting in Syria’s Druze heartland

Sweida, Syria - Syrian Bedouin and their allies fought Druze fighters in the community's Sweida heartland for a seventh day...
  • AFP correspondents reported clashes in the west of the provincial capital as Druze fighters battled armed Bedouin supported by tribal gunmen from other parts of Syria
  • The interior ministry announced that internal security forces had begun deploying in Sweida province and AFP correspondents saw them manning checkpoints

Israeli fire kills 39 and wounds more than 100 Gazans near two aid centers

UN has said it had recorded 875 people killed in Gaza while trying to get food, including 674 in the...
  • The World Food Programme said nearly one in three people in Gaza were not eating for days at a stretch and "thousands" were "on the verge of catastrophic hunger".
  • Civil defense agency spokesman Mahmud Bassal said the deaths happened near a site southwest of Khan Yunis and another center northwest of Rafah