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.

Thousands in Morocco protest ties with ‘genocidal’ Israel

In late 2020, Morocco established diplomatic ties with Israel under the Abraham Accords brokered by the United States which saw...
  • Since the Israel-Hamas war in Gaza began on October 7, several large-scale demonstrations in the North African kingdom have called for the abrogation of the normalization deal.
  • "Normalization is treason," and "Stop the massacre," read banners protesters carried in front of Morocco's parliament in the center of Rabat.

Bezos sells $2bn Amazon shares

He reportedly intends to sell, next July, 50 million shares of the group.
  • Bezos sold on Wednesday and Thursday some 12 million Amazon shares, at between $168-171 per share.
  • A previous stock market document, out Wednesday, reported his intention to sell, next July, 50 million Amazon shares.

US teens make efforts for Jewish-Muslim dialogue in New Jersey suburb

TEANECK, US - They are only teenagers, but a pair of New Jersey high school students -- one Jewish and one...
  • The unexpected success of that first meeting led to a second, larger one, and the girls since have enjoyed support.
  • Despite the strong turnout, the girls were not overly optimistic about the outcome of the meeting.

UN’s IMO working ‘tirelessly’ to solve Red Sea crisis: head

Yemen's Houthi rebels, supported by Iran, have launched dozens of attacks against ships in the Red Sea since November, targeting...
  • Secretary General Dominguez said IMO is working to ensure that "parties continue to talk so that the situation does not degenerate any further"
  • Many shipowners have decided to stop operating in the Red Sea, instead sending their ships on the longer route around the south of Africa

Climate change parches Morocco breadbasket amid policy pitfalls

Berrechid, Morocco -- Around this time every year, Moroccan wheat farmer Abderrahim Mohafid is usually preparing for his spring harvest, but...
  • Morocco has seen only about half the rainfall it did during the same period last year, the country's water minister Nizar Baraka told AFP.
  • The sector accounts for 14 percent of Morocco's exports, with exported produce seen as more profitable than that sold in domestic markets.

Israel offensive on Lebanon would ‘spell end’ of Netanyahu, says Iran’s FM

Amir-Abdollahian met top officials in Beirut including Hizbollah chief Hassan Nasrallah and parliament speaker Nabih Berri, a powerful ally of...
  • The minister said that any move by Israel on Lebanon will spell the "end of Netanyahu"
  • He was on his third visit to Beirut in over four months of hostilities

Hamas official in Lebanon survives Israeli strike

While the Israel-Lebanon violence has been largely contained to the border area, a strike earlier on Saturday hit the coastal...
  • An Israeli drone strike killed one person and wounded nine others in a southern border village
  • Israeli forces and Hezbollah have traded near-daily fire since war broke out on October 7

Israel PM pledges ‘safe passage’ for Rafah civilians

Israel's massive military offensive in Gaza as per the territory's health ministry has killed at least 28,064 people, mostly women...
  • Gaza's authorities warned of "tens of thousands" of casualties in Rafah
  • EU's Josep Borell said an offensive there "would lead to an unspeakable humanitarian catastrophe"

UN agency boss should quit over Hamas ‘tunnel’: Israel

Israel's army and the Shin Bet security agency said operations in Gaza City in recent weeks had led to the...
  • Israel Katz rejected UNRWA commissioner general's claim that he was unaware of its presence
  • Lazzarini said the agency had not operated from the compound since October 12

Three UAE soldiers, Bahraini officer killed in Somali attack

The United Arab Emirates' defense ministry said that the soldiers were "exposed to a terrorist act" while "performing their work...
  • The UAE said it will cooperate with Somalia in investigation of the attack
  • Somalia said the attack had targeted a military camp in the capital Mogadishu

Protesters out in force for anti-Trump ‘No Kings’ rallies across US

Organizers said seven million people attended protests spanning New York to Los Angeles, with demonstrations popping up in small cities...

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Iran ends cooperation with UN nuclear watchdog after Israel, US strikes

It came after last month's 12-day conflict between Iran and Israel, which saw unprecedented Israeli and US strikes on Iran's...

Netanyahu vows to uproot Hamas as ceasefire proposals are discussed

The Israeli leader had yet to comment on US President Donald Trump's claim that Israel had backed a plan for...

Hamas says discussing Gaza ceasefire proposals from mediators

It said it sought "to reach an agreement that guarantees ending the aggression, achieving the withdrawal (of Israel from Gaza)...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.
  • The sales figures released Wednesday, which are global, reflect the more contested nature of the EV market, which Tesla once dominated.
  • Musk's political activism on behalf of right-wing figures has also made the company a target of boycotts and demonstrations, weighing on sales.

‘Writing is thinking’: do students who use ChatGPT learn less?

Paris, France -- When Jocelyn Leitzinger had her university students write about times in their lives they had witnessed discrimination,...
  • The ChatGPT users scored significantly worse than the brain-only group on all levels. The EEG showed that different areas of their brains connected to each other less often.
  • And more than 80 percent of the ChatGPT group could not quote anything from the essay they had just written, compared to around 10 percent of the other two groups.

US halting some shipments of military aid to Ukraine

The White House said Tuesday it is halting some key weapons shipments to Ukraine that were promised under the Biden...
  • Stopping the delivery of munitions and other military aid including air defense systems likely would be a blow to Ukraine as it contends with Russia's missile and drone attacks
  • The curtailment of military aid signals a possible shift in the priorities of US President Donald Trump, who has pressed for Russia and Ukraine to speed up stalled peace talks