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.

Israeli strike kills Hizbollah fighter in south Lebanon

A Lebanese security official said the Israeli strike on a car in south Lebanon "killed a member of Hizbollah's protection...
  • The attack also wounded a civilian woman who was in the area at the time of impact
  • The NNA said that Israel targeted several locations in Lebanon's south on Sunday

Over 9,000 take part in pro-Palestinian march in Belgium, says police

BRUSSELS, BELGIUM - Around 9,000 demonstrators marched through Brussels on Sunday calling for an end of Israel's fierce bombardment and fighting...
  • The march came a day before EU foreign ministers will meet their Israeli, Palestinian, Egyptian, Saudi and Jordanian counterparts.
  • Some also cried out "EU, shame on you" for perceived inaction by Brussels to protect Palestinian civilians.

Quiet and not-so-quiet luxury at Paris Fashion Week

PARIS, FRANCE - The Paris Fashion Week menswear shows draw to a close on Sunday. Here are some of the highlights...
  • Celebrity presence has always been a big part of the fashion game, with sporting tie-ups playing an increasingly big role.
  • New York label KidSuper scored big by convincing Brazilian footballer Ronaldinho to walk the catwalk.

Hamas says ‘some faults happened’ during Oct 7 attacks due to ‘chaos’

The group admitted in a 16-page report justifying the attack that "some faults happened... due to the rapid collapse of...
  • "If there was any case of targeting civilians it happened accidently and in the course of the confrontation with the occupation forces," Hamas said in the report.
  • The group said it wanted to "hold the Israeli occupation legally accountable" for the suffering it had inflicted on the Palestinian people.

UAE foreign investment projects second highest in world: UNCTAD

Abu Dhabi, UAE -- The UAE recorded the second-highest increase in the number of new foreign investment projects around the...
  • The number of these projects increased by 28 percent compared to 2022, said the UNCTAD report entitled “Investment Trends Monitor”.
  • Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, emphasized that the UAE is benefiting from the forward-looking vision of its leadership.

AI and death: Sundance films grapple with our digital afterlife

Park City, United States -- Artificial intelligence promises to make death "optional," as the technology learns to perfectly emulate our personalities,...
  • The filmmakers found themselves empathizing with the customers after hearing their tragic stories of bereavement.
  • Western society is terrible at dealing with grief, they said, and technology can appear to fill the gap left by religion for many.

ArcelorMittal wants ‘amicable solution’ on Italy steelworks

ROME, ITALY - ArcelorMittal has offered to sell its stake or become a minority shareholder in an Italian steelworks after Rome...
  • Italy considers the steelworks a strategic asset, but it has long been plagued by financial problems and environmental concerns.
  • Talks with ArcelorMittal, which owns a 62-percent stake, had broken down over how to keep production going.

Dubai GDP growth up 3.3 percent in nine months of 2023

Real estate soared by 4 percent, while financial and insurance activities surged 2.7 percent. The knowledge economy improved with a...
  • Accommodation and food services activities witnessed a remarkable 11.1 percent growth, solidifying Dubai's position as a global tourism leader.
  • Dubai's financial and insurance sector, a significant contributor to the economy, posted a growth of 2.7 percent.

Hamas says Gaza deaths top 25,000 as Israel pushes offensive

"Dozens are still under the rubble," the Hamas government's media office said, adding that the dead and injured "could not...
  • The UN agency for Palestinian refugees says about 1.7 million people have been displaced in Gaza, with about one million crowded into the Rafah area.
  • Rising tensions and violence across the Middle East have also stoked fears of a wider conflagration involving Iran-backed groups in Lebanon, Iraq, Syria and Yemen.

Hamas chief holds talks with Turkish FM: sources

Istanbul served as a base for Hamas political leaders before the October 7 attacks. Turkey asked the Hamas chiefs to...
  • The two sides discussed increasing humanitarian aid, and a two-state solution
  • The Turkey's foreign minister and Hamas's chief last had official contact in a phone call in October

Trump hails ‘tremendous day for Middle East’ as leaders sign Gaza declaration

As part of Trump's plan to end the Gaza war, Hamas on Monday freed the last 20 surviving hostages it...

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Tens of thousands join pro-Palestinian marches in London and Berlin

Tens of thousands of pro-Palestinian protesters marched in London and Berlin on Saturday calling for an end to the war...

The new generation of blockbuster weight-loss drugs

After France on Friday became the latest country to allow all doctors, rather than just specialists, to prescribe these drugs,...

Yemen’s Huthis threaten to attack US ships if it strikes Iran

Yemen's Huthi rebels threatened on Saturday to attack US vessels in the Red Sea, despite a recent truce, should Washington...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel says killed three Iranian commanders in fresh wave of strikes

Israel's military said a strike in Qom south of Tehran successfully targeted top Iranian official Saeed Izadi, in charge of...
  • Iranian Foreign Minister Abbas Araghchi arrived in Istanbul on Saturday for a meeting of the Organization of Islamic Cooperation to discuss the conflict.
  • Top diplomats from Britain, France and Germany met Araghchi in Geneva on Friday, and urged him to resume talks with the United States that had been derailed by Israel's attacks.

Tesla to build first grid-scale power plant in China

New York, United States - Tesla announced Friday that it signed an agreement to build its first grid-scale energy storage...
  • The project will help with the flexible adjustment of grid resources, and "effectively solve pressures relating to urban power supply," Tesla said
  • Chinese media outlet Yicai reported that Tesla Shanghai, Shanghai authorities and China Kangfu International Leasing Co. held a signing ceremony Friday for the project

Pro-Palestinian protest leader released from US custody

Mahmoud Khalil, a former Columbia University student who was one of the most visible leaders of nationwide pro-Palestinian campus protests,...
  • Khalil, a legal permanent resident in the United States who is married to a US citizen and has a US-born son, has been in custody since March facing potential deportation
  • "This shouldn't have taken three months," Khalil, wearing a Palestinian keffiyeh scarf, told US media outside an immigration detention center in Jena, Louisiana