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 sets Ramadan deadline for offensive on Gazan city Rafah

Fearing the potential for mass casualties, foreign governments and aid organizations have repeatedly urged Israel to spare Rafah, the last...
  • Speaking at the Rafah offensive in Jerusalem conference on Sunday, Netanyahu renewed his vow "to finish the job to get total victory" over Hamas, with or without a hostage deal
  • Benny Gantz said that an offensive would be carried out in a coordinated manner to facilitate an evacuation to minimize the civilian casualties as much as possible"

‘Oppenheimer’ dominates BAFTAs in major Oscars boost

London, United Kingdom - "Oppenheimer", Christopher Nolan's epic movie about the creation of the atomic bomb, swept the board at Sunday's...
  • The movie earned seven awards in total, including best film, best director for Nolan, best actor for Cillian Murphy and best supporting actor for Robert Downey Jr
  • In the film, Murphy plays J. Robert Oppenheimer, the US theoretical physicist often called the "father of the atomic bomb" who was haunted by the consequences of his creation

US strikes Houthi weapons’ systems in latest attack

According to a statement from CENTCOM, the five strikes included targeting "the first observed Huthi employment of a UUV (unmanned...
  • Maritime security firm Ambrey said a cargo vessel came under attack on Sunday.
  • The Houthi attacks have raised insurance premiums for shipping companies

Prospects dim for truce as Israel rejects calls to spare Rafah

Mediator Qatar acknowledged that separate ceasefire talks had also hit an impasse after Israeli Prime Minister Benjamin Netanyahu rejected some...
  • A total of 127 people died in 24 hours, Hamas-run Gaza's health ministry said, as the main battlefront edged closer to far-southern Rafah
  • Israel's top ally the United States signalled it would veto the latest push for a UN Security Council resolution demanding an immediate ceasefire

Israeli forces kill two Palestinians in West Bank raid

Two Palestinian men, including one member of an armed group, were killed in an Israeli raid, in the latest surge...
  • The deaths came with international concern mounting about unrest in the West Bank since Hamas's October 7 attack on Israel.
  • At least five other people were wounded in the Israeli military operation, according to the Palestinian Red Crescent.

West Bank situation an obstacle between Israel-Palestine peace, says EU

EU foreign policy chief Josep Borrell said the situation in the Israel-occupied West Bank posed a major obstacle to finding...
  • Around 490,000 Israelis live in the West Bank, which Israel has occupied since 1967, in dozens of settlements that are deemed illegal under international law.
  • The settlers live alongside around three million Palestinians in the territory.

UAE seeks maximum penalty in ‘terror’ trial against 84 people

The United Arab Emirates has accused the defendants of forming a "terrorist" organization called the "Committee for Justice and Dignity"...
  • Most of the defendants were previously convicted more than a decade ago on similar charges and had completed or were about to complete their sentences.
  • Public prosecutors concluded their arguments and confirmed that the case was distinct from that in 2012 and "not about re-trying the accused," reported WAM.

‘Addicted to winning’: Sabalenka returns to action in Dubai

Dubai, United Arab Emirates -- World number two Aryna Sabalenka said on Sunday she was "addicted to winning" and hungry for...
  • The Belarusian returns to action this week at the WTA 1000 in Dubai to contest her first tournament since her second Grand Slam triumph at Melbourne Park.
  • Meanwhile, top-seeded Iga Swiatek has touched down in Dubai, a day after pulling off an impressive threepeat in Doha.

‘Hitler did it to Jews’: Lula accuses Israel of ‘genocide’ in Gaza

Brazilian President Luiz Inacio Lula da Silva accused Israel of committing "genocide" against Palestinians in the Gaza Strip and compared...
  • They were among the strongest comments yet on the Israel-Hamas conflict from the Brazilian President.
  • Brazil currently holds the rotating presidency of the G20.

Zoo lion’s Muslim name riles Hindu nationalists

Vishwa Hindu Parishad (VHP), a right-wing Hindu organization, went to court after reports a lioness named Sita had been put...
  • "Sita cannot stay with the Mughal emperor Akbar," VHP official Anup Mondal said Sunday, saying it hurt religious sentiments in the Hindu-majority nation.
  • "Such act amounts to blasphemy and is a direct assault on the religious belief of all Hindus," the VHP said in its petition to the court.

Trump says Hamas will be ‘eradicated’ if group breaches Gaza deal with Israel

Trump, however, insisted that American forces would not be involved in confronting against Hamas, saying dozens of countries that have...

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Hezbollah chief says won’t surrender under Israeli threats

Hezbollah leader Naim Qassem said Sunday his group would not surrender or lay down its weapons in response to Israeli...

Netanyahu says Trump meeting could ‘advance’ Gaza ceasefire deal ahead of Doha talks

Speaking before boarding Israel's state jet bound for Washington, Netanyahu said: "We are working to achieve this deal that we...

BRICS call for ‘unconditional’ Gaza ceasefire, condemn air strikes on Iran

The BRICS also called for a "full withdrawal of Israeli forces from the Gaza Strip and all other parts of...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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US tariffs to kick in Aug 1 barring trade deals: Treasury Secretary

Washington, United States -- US tariffs will kick in on August 1 if trading partners from Taiwan to the European...
  • The tariffs were part of a broader announcement in April where Trump imposed a 10 percent duty on goods from almost all trading partners.
  • Countries have been pushing to strike deals that would help them avoid these elevated duties.

Hosting BRICS, Brazil’s Lula hits out at ‘genocide’ in Gaza

"We cannot remain indifferent to the genocide carried out by Israel in Gaza, the indiscriminate killing of innocent civilians and...
  • His comments came as Gaza truce talks between Israel and Hamas resumed in Doha, and as pressure mounted to end the 22-month war.
  • BRICS countries have been in disagreement over how strongly to denounce Israel's bombing of Iran and its actions in Gaza.

BRICS nations voice ‘serious concerns’ over Trump tariffs

Rio de Janeiro, Brazil -- BRICS leaders meeting in Rio de Janeiro from Sunday are expected to decry US President...
  • Since coming to office in January, Trump has threatened allies and rivals alike with a slew of punitive duties.
  • His latest salvo comes in the form of letters informing trading partners of new tariff rates that will soon enter into force.