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.

Hamas weighs Gaza truce as fighting nears fifth month

The Gaza health ministry said that at least 127 people were killed in Israeli strikes in the previous 24 hours...
  • Blinken will begin his trip in Saudi Arabia before visits to Israel, Egypt and Qatar
  • The war has also sent regional tensions soaring, with a surge in attacks in the region

Arab Israelis let out of Gaza recount ‘terrifying’ journey

JERUSALEM - When Fatima, an Arab Israeli married to a Palestinian from the Gaza Strip, fled Israel's bombardment of the...
  • The majority of the Palestinian population, around 760,000 people, either fled or were forced from their homes during the first Arab-Israeli war.
  • According to Israel's Central Bureau of Statistics, there are more than two million Arab Israelis today, accounting for 21 percent of the population.

Parisians vote in anti-SUV parking and pollution referendum

Paris, France -- Parisians were voting on Sunday in a referendum on tripling parking costs for hefty SUV-style cars, a campaign...
  • Some 1.3m people in Paris are eligible to cast their ballot on the change, which would see cars weighing 1.6 tons or more charged $19.50 per hour for parking in central areas.
  • Fully electric cars would have to top two tons to be affected, while people living or working in Paris, taxi drivers, tradespeople, health workers and the disabled are exempted.

Hamas weighs Gaza truce as Israeli onslaught nears fifth month

French Foreign Minister Stephane Sejourne was in Egypt and US Secretary of State Antony Blinken expected in the region in...
  • Sejourne said he he told Egyptian President Abdel Fattah al-Sissi of France's desire "for a humanitarian ceasefire in Gaza and restarting talks for a... two-state solution".
  • Experts and rights groups told AFP that Israeli forces have destroyed buildings near the border in an attempt to create a buffer zone inside the Palestinian territory.

Turkey commemorates last year’s deadly earthquake

ISTANBUL, TURKEY - Turkey on Tuesday holds pre-dawn vigils for the loss of more than 50,000 people -- and parts of...
  • Grieving Turks are still coming to terms with how a 7.8-magnitude tremor could upturn the lives of millions of people in a matter of seconds.
  • An updated toll released on Friday showed that 53,537 people had died across 11 southeastern provinces officially designated as the disaster zone.

Houthis vow response after US, UK strike dozens of Yemen targets

Saturday's strikes hit "36 Houthi targets across 13 locations in Yemen in response to the Houthis' continued attacks against international and commercial shipping...
  • The joint air raids in Yemen late Saturday followed a separate wave of unilateral American strikes against Iran-linked targets in Iraq and Syria
  • It is the third time that British and American forces have jointly targeted the Houthis, whose attacks in solidarity with Palestinians have disrupted global trade

Tunisia’s Jabeur supports Saudi Arabia after criticism from tennis greats

Abu Dhabi, United Arab Emirates--Tunisian tennis star Ons Jabeur on Saturday threw her support behind the potential staging of the WTA...
  • She applauded the response of Saudi envoy to the US to criticism from two women tennis stars of the WTA's possible deal with the kingdom
  • Jabeur said that it will be amazing to see not just women but also men to be inspired and that it is very important to support Saudi Arabia's bid

McIlroy has ‘frank discussion’ with Spieth over Saudi comments

SSG includes a number of high-powered sports owners including the Fenway Sports Group, owners of English Premier League club Liverpool,...
  • Jordan Spieth, who took McIlroy's spot on the board in November, raised eyebrows this week with his comments that the merger may no longer be necessary for the PGA Tour
  • Speith's remarks came after the PGA Tour announced a new a partnership and investment deal with the Strategic Sports Group (SSG)

Israel forges buffer zone inside Gaza at risk to civilians: experts

Since Hamas fighters stormed across the border on October 7, Israeli forces have targeted structures in Gaza within a kilometre...
  • The plan, not publicly confirmed by Israel, appears to entail taking a significant chunk of territory out of the already tiny Hamas-ruled Gaza Strip
  • Last month, the Israeli army's deadliest day since the ground invasion began in late October offered a glimpse of the tactics being used to clear the border area

US and UK bomb Houthi targets in joint air raids

Scaling up attacks in the Middle East, US and UK carried out joint air raids in Yemen after a separate...
  • The joint attacks hit 36 Houthi targets across 13 locations in Yemen
  • The Houthis began targeting vessels in November in solidarity with Palestinians in Gaza

Trump says to meet Putin in Budapest after ‘great’ call, questions Ukraine’s push for Tomahawk missiles

In his latest abrupt pivot on Russia's 2022 invasion, Trump said he expected to meet Putin in Budapest within the...

Company News

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G7 to exempt US multinationals from global minimum tax

The deal will see US companies benefit from a "side-by-side" solution under which they will only be taxed at home,...

Israeli forces kill 37 Gazans, including nine children, some of them waiting for food aid

Civil defense spokesman Mahmud Bassal said 35 people were killed in seven Israeli drone and air strikes in various locations,...

Morocco’s Atlantic gambit: linking restive Sahel to ocean

Dubai, UAE -- A planned trade corridor linking the landlocked Sahel to the Atlantic is at the heart of an...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Yemen’s Huthi rebels say fired missile at Israel

Yemen's Iran-backed Huthi rebels said they fired a ballistic missile towards Israel on Saturday, in response to Israel's conduct towards...
  • In Israel, warning sirens sounded in several areas, before the army announced the "missile was most likely successfully intercepted."
  • It was the first missile launch against Israel announced by the Huthis since the June 24 ceasefire between Israel and Iran which followed their 12-day war

Iran holds state funeral for top brass slain in Israel war

Iran held a state funeral Saturday for some 60 scientists and commanders killed in its war with Israel, after its...
  • State television aired footage of thousands of black-clad mourners chanting "Death to America" and "Death to Israel" as they held aloft photographs of the dead
  • "Boom, boom, Tel Aviv," read one banner, referring to the retaliatory missile fire launched by Iran against Israel during their 12-day war

Iran extends access to airspace for overflights after ceasefire

Iran has expanded access to its airspace for international overflights following a ceasefire with Israel, though flight restrictions remain in...
  • Flights to and from airports in the north, south and west of the country, including Tehran's Mehrabad and Imam Khomeini international airports, remained suspended
  • The move comes after Iran reopened its eastern airspace on Wednesday, following a ceasefire that ended 12 days of fighting with Israel