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.

US agency blames faulty engineering for Titanic sub disaster

Washington, United States - Flawed engineering and inadequate testing contributed to the catastrophic implosion of a private submersible during a...

No deal yet on Gaza truce, says Hamas official

Osama Hamdan, a top Hamas official in Lebanon, said the movement's leaders were reviewing a proposed framework hammered out by...
  • The Hamas official said that an agreement had not yet been reached
  • He said the movement will announce their position soon

Hamas says US strikes in Iraq and Syria is putting ‘oil on fire’

Palestinian group Hamas condemned overnight US strikes in Iraq and Syria, saying Washington had poured "oil on the fire" in...
  • The US launched air strikes against Iran-backed armed groups in Iraq and Syria and promised more, in retaliation for a drone attack that killed its three soldiers in Jordan.
  • The strikes killed at least 23 pro-Iranian fighters in Syria, the Syrian Observatory for Human Rights war monitor said and in Iraq they killed 16 people including civilians.

US downed 8 drones off Yemen, hit 4 on ground

Washington, US - American forces shot down eight drones near Yemen and destroyed four more on the ground, the US military...
  • A US Navy destroyer shot down one drone on Friday morning while F/A-18 warplanes and another ship downed seven later in the day.
  • "These actions will protect freedom of navigation and make international waters safer and more secure for US Navy and merchant vessels," US said

Displaced Lebanese lament bombed homes, lost livelihoods

Tyre, Lebanon - When Ines Tehini and her family fled their south Lebanon village after Hizbollah and Israel began exchanging fire...
  • In Srifa, less than 15 kilometers (nine miles) from the border with Israel, farmer Abbas Fakih is staying in a house rent-free thanks to the generosity of residents.
  • "I had 250 goats. I've had to sell 50 or 60... just to put food on the table and feed the remaining cattle," he said, surrounded by his four children and their cousins.

Egypt forms review team on restoring pyramid after outcry

Cairo, Egypt - Egypt's antiquities ministry said on Saturday it was setting up a committee to review the restoration of Giza's...
  • The team is made up of "experts in engineering and archaeology" from the Czech Republic, Germany and the United States, as well as Egypt.
  • The committee's final report will include "the necessary procedures and steps to coordinate with (the UN heritage agency) UNESCO".

Civilians among 16 killed in Iraq by US strikes on pro-Iranian group

The strikes hit "locations in the Akashat and Al-Qaim regions, including areas where our security forces are stationed", Awadi said....
  • The strikes hit "locations in the Akashat and Al-Qaim regions, including areas where our security forces are stationed", Iraqi govt spokesman Awadi said.
  • "This aggressive air strike will push the security situation in Iraq and the region to the brink of the abyss," the spokesman Awadi added.

No Middle East escalation, urges EU foreign policy chief after US strikes

European Union foreign policy chief Josep Borrell called on all parties to avoid further escalation in the Middle East after...
  • US President Joe Biden vowing more attacks in retaliation for a deadly drone attack on an American base in Jordan.
  • The EU is aiming to launch a naval mission in the Red Sea later this month to help protect international vessels from attacks.

Deadly strikes hit ‘pressure cooker’ Rafah ahead of Gaza truce push

Hundreds of thousands of displaced Palestinians have fled south to Rafah since the outbreak of the war, with the former...
  • An AFP journalist in the city heard powerful explosions shortly after midnight on Saturday, with the Hamas-run health ministry later reporting 14 people killed in two strikes there
  • Antony Blinken will travel to the Middle East again in the coming days to press a new proposal involving the release of Israeli hostages in return for a pause in Gaza fighting

Damascus says US occupation of Syrian territory ‘cannot continue’

The United States has some 900 troops in Syria and 2,500 in neighboring Iraq as part of an international coalition...
  • The overnight strikes killed "a number of civilians and soldiers, wounded others and caused significant damage to public and private property", the Syrian military said
  • The United States blamed Sunday's drone attack in Jordan on Iran-backed groups, but did not strike inside Iranian territory

Yemeni Houthis claim missile strike on Israel

The attack was the latest in a series of drone and missile strikes launched by the Houthis since the start...
  • Houthi forces "carried out a military operation against specific targets of the Israeli enemy in the Umm al-Rashrash area with a number of ballistic missiles", Yahya Saree said
  • The Israeli military had said earlier it had "successfully intercepted a surface-to-surface missile that approached Israeli territory in the area of the Red Sea"

Turkish experts to help find bodies in Gaza, as Trump warns Hamas

Turkey has deployed dozens of disaster relief specialists to help search for bodies under the mountains of rubble in Gaza,...

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AI is learning to lie, scheme, and threaten its creators

In one particularly jarring example, under threat of being unplugged, Anthropic's latest creation Claude 4 lashed back by blackmailing an...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Qatar urges Israel, Hamas to seize ‘window of opportunity’ for Gaza truce

US President Donald Trump voiced optimism on Friday about a new ceasefire in Gaza saying an agreement involving Israel and...
  • US President Donald Trump voiced optimism on Friday about a new ceasefire in Gaza saying an agreement involving Israel and Hamas could come as early as next week
  • Mediators have been engaged in months of back-and-forth negotiations with the warring parties aimed at ending 20 months of war in Gaza

Putin says Russia, Ukraine peace proposals “absolute contradictory”

Russian President Vladimir Putin said Friday that Russia and Ukraine's demands for peace were "absolutely contradictory", after two rounds of...
  • Russian and Ukrainian negotiators swapped memorandums outlining their visions for how to end the three-year conflict at peace talks in Istanbul this month
  • But other than large-scale prisoner exchanges, the talks have failed to result in any progress toward ending the fighting, triggered by Russian military offensive in February 2022

Doctors’ aid group slams US-backed Gaza relief scheme over deadly roll-out

The Gaza Humanitarian Foundation, which began operating last month and has largely replaced established humanitarian organisations, "is degrading Palestinians by...
  • The Gaza Humanitarian Foundation, which began operating last month and has largely replaced established humanitarian organisations
  • Starting in March, Israel blocked deliveries of food and other crucial supplies into Gaza for more than two months, leading to warnings of famine across a territory