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.

Israel accepts ceasefire deal with Hamas: US official

A senior US official told reporters that the framework agreement envisages a six-week cessation of hostilities, which could begin immediately...
  • The announcement came after US military cargo planes dropped aid into Gaza
  • The UN has warned of famine in Gaza as Israel killed more than 100 people collecting food

US military begins dropping aid into war-torn Gaza

Israel's top ally the United States said it began air-dropping aid into war-ravaged Gaza, as the Hamas-ruled territory's health ministry...
  • It also comes as negotiations continue for a ceasefire between Israel and Hamas in the Gaza Strip.
  • US Central Command said the operation was conducted together with Jordan and saw planes drop “over 38,000 meals along the coastline of Gaza.”

Hamas team heads to Cairo for new truce talks

Palestinian Territories - A Hamas delegation was expected to fly to Cairo on Saturday for talks on a truce in...
  • The source said the delegation would submit Hamas's "official answer" to a proposal thrashed out with Israeli negotiators in Paris late last month.
  • A Hamas source told AFP that under the proposal, a truce would last for six weeks, with Hamas releasing 42 hostages in exchange for Palestinian prisoners.

Apple’s changes contradicts European rules, 34 firms complain

Brussels, Belgium - Changes Apple is making to its services in the European Union "make a mockery" of new antitrust rules...
  • Companies have expressed doubts about how much Apple's changes would ultimately broaden consumer choice and digital competition.
  • Apple in January announced it was modifying how its iOS operating system, Safari browser and App Store operate in the 27-nation EU.

Conservatives tipped to win in Iranian elections as counting begins

Tehran, Iran - Iran began counting ballots on Saturday after a vote for parliament and a key clerical body, with local...
  • State TV reported early Saturday the "start of vote counting" after polling stations closed at midnight.
  • The present parliament is dominated by conservatives and ultra-conservatives

Three Hizbollah fighters killed in Israeli strikes on Lebanon

An Israeli strike on a car in south Lebanon killed three Hizbollah fighters, a security source said, the latest in...
  • Lebanon's state-run National News Agency reported that "an enemy drone targeted a car this morning on the road to Naqura".
  • The cross-border violence has raised fears of all-out conflict between Hizbollah and Israel, which last went to war in 2006.

AU head seeks probe into massacre of Gazans waiting for aid

Nairobi, Kenya - African Union chief Moussa Faki Mahamat on Saturday accused Israel of "the mass killing of Palestinians" and urged...
  • "Mahamat strongly condemns an attack by Israeli forces, that killed and wounded more than 100 Palestinians seeking life-saving humanitarian aid," the bloc said.
  • "The Chairperson calls for an international investigation into the incident to bring the perpetrators to account," the statement by the African Union said.

US designer, ‘geriatric starlet’ Iris Apfel dies age 102

New York, United States - Iris Apfel, centenarian style icon from the New York borough of Queens immediately recognizable by her...
  • A flamboyant interior designer, she was a fixture on front rows of Paris fashion shows for more than half a century
  • Her cropped white hair, massive glasses, bright lipstick, large-bead necklaces and bangles earned her kooky distinction among New York's glitterati

Gaza officials report 4 more child malnutrition deaths

Global attention turned to the dire humanitarian conditions in Gaza on Thursday, when the health ministry said more than 100...
  • Gaza health ministry spokesman Ashraf al-Qudra said in a statement, noting that the number of child "malnutrition and dehydration" deaths now totaled 10
  • Earlier Friday, a spokesman for the UN humanitarian agency OCHA told reporters that "if something doesn't change, a famine is almost inevitable" in Gaza

US forces destroy Houthi surface-to-air missile: CENTCOM

The Iran-backed Houthis, who control much of war-torn Yemen, have been attacking shipping in the Red Sea since November in...
  • On Friday afternoon, US "forces conducted a self-defense strike against one Houthi surface-to-air missile that was prepared to launch," CENTCOM said
  • The United States is spearheading a naval coalition to protect vessels in the vital waterway, and has conducted air strikes in Houthi territory, alongside Britain

Trump heads to Asia and high-stakes meeting with Xi

US President Donald Trump embarks on a major trip to Asia this week with all eyes on a meeting with...

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Divided EU leaves action against Israel on Gaza ‘on table,’ if humanitarian situation does not improve

The measures range from suspending the entire accord or curbing trade ties to sanctioning Israeli ministers, imposing an arms embargo...

Trump to unveil investments to power AI boom

Washington, United States - US President Donald Trump heads to Pennsylvania on Tuesday to announce energy and infrastructure deals intended...

China’s Baidu to deploy driverless cars on Uber

Beijing, China -- Chinese internet giant Baidu plans to launch its driverless cars on ride-hailing app Uber in Asia and...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Lavrov meets Xi in Beijing: Russian foreign ministry

Foreign Minister Sergei Lavrov met with China's leader Xi Jinping in Beijing on Tuesday, Moscow said, as the top Russian...
  • Russia's TASS news agency reported that Xi met Lavrov after the Chinese president held a "general meeting" with SCO foreign ministers
  • The Russian foreign minister arrived in China following a visit to North Korea, where he received assurances of support in its conflict with Ukraine

Egypt grand museum delay puts tourism hopes on hold

Cairo, Egypt - In the shadow of the Grand Egyptian Museum, souvenir shop owner Mona has been readying for the...
  • Originally scheduled to fully open this month, the museum was expected to attract up to five million visitors annually, fuelling optimism across Cairo's battered tourism sector
  • Though parts of the museum have been open for months, the main draw - the treasures of Tutankhamun - will remain under wraps until the official launch

Iran says no nuclear talks if US insists it stop uranium enrichment

Washington and Tehran had been engaged in several rounds of negotiations seeking to strike a deal on the Islamic Republic's...
  • Since the end of the hostilities, both Iran and the United States have signalled willingness to return to the table
  • The Omani-mediated negotiations were halted as Israel launched its surprise attack on Iranian nuclear and military facilities on June 13