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.

Israelis rally to demand end to hostages’ 100-day ordeal

Tel Aviv, Israel--Thousands of Israelis rallied in Tel Aviv late Saturday calling for the release of hostages being held in...
  • The protestors in Tel Aviv with banners reading "and the world remains silent," chanted that the hostages must be released "Now, now, now"
  • Hamas fighters took about 250 captives on October 7, 132 of whom Israel says remain in Gaza, including at least 25 believed to have been killed

Sudan government spurns east African mediation move

The paramilitary leader Mohamed Hamdan Daglo has been touring African capitals in a boost to his diplomatic standing. Rejecting the...
  • Daglo said that he had accepted the invitation and would be attending the summit in Uganda
  • Burhan has accused African leaders of complicity in atrocities against Sudanese people

Thousands march in US, UK for Gaza ‘day of action’

Saturday's marches held particular significance given US and British air strikes in Yemen this week against Houthi bases, after the...
  • In Washington, large crowds waved Palestinian flags in a show of solidarity
  • Several Palestinian-Americans told stories of friends and relatives killed or wounded in the Gaza strip

France president calls for talks to release Gaza hostages

In a video posted online and broadcast at a meeting in Tel Aviv in support of the hostages, Emmanuel Macron...
  • Three French citizens remain unaccounted for following the October 7 attack
  • The three citizens are thought to be among the hostages held in Gaza

Gaza couple celebrate wedding amid war and destruction

Rafah, Palestinian Territories - Surrounded by family and friends, clapping and cheering, Gaza woman Afnan Jibril beams a brilliant smile on...
  • Afnan, 17, donning a crown of flowers and pristine white dress, and her partner Mustafa Shamlakh, 26, want to make the most of their chance to celebrate.
  • Relatives were gathered on Friday for the wartime wedding in a tiny room at an abandoned school building in the besieged Gaza Strip.

Palestine’s Asian Cup team seeks to ‘put smile’ on their compatriots

Doha, Qatar - The Palestinian team hope to reach the knockout stage of the Asian Cup for the first time to...
  • "We as players are part of the Palestinian people and live through the same suffering as the people," captain Battat said on the evening of their opening match.
  • Palestine have been at the Asian Cup twice previously, and are yet to win a game, but their coach Makram Daboub said they hope to spring a surprise.

Cairo arts center razed for Old City makeover

Cairo, Egypt - Nestled in the heart of the historic capital here, a cultural center synonymous with the city's art scene...
  • The Darb 1718 center was demolished "without any prior notice", its management said on social media on January 6, to make room for a highway expansion
  • Authorities have been aggressively remaking parts of Cairo, a longtime cultural beacon of the Arab world, to expand the capital

Biggest fuel refinery plant of Africa begins production

Lagos, Nigeria - Africa's biggest diesel and aviation fuel refinery built by the continent's richest man has started production, the company...
  • The 650,000 barrel-per-day Dangote refinery could be a game changer when fully operational by helping end Nigeria's reliance on fuel imports.
  • The facility sits on 2,635 hectares (6,500 acres) of land at the Lekki Free Zone on the edge of Lagos city and cost an estimated $19 billion.

Hamas says Israeli shelling leaves 60 dead in Gaza

Health officials in Hamas-ruled Gaza said that Israeli strikes overnight killed at least 60 people in the besieged territory, which...
  • Ashraf al-Qudra, spokesman for the health ministry in the Hamas-run territory, reported "more than 60 martyrs" in Israeli assault.
  • Israel's relentless bombardment of Gaza since Hamas's October 7 attack has killed at least 23,843 people, mostly women and children.

Turkey bombs ‘terrorist targets’ in Iraq and Syria

The Turkish ministry said the strikes had targeted 29 locations including "caves, bunkers, shelters and oil installations" belonging to the...
  • "Air operations were carried out on terrorist targets in the regions of Metina, Hakurk, Gara and Qandil," the ministry said in a statement
  • Turkish soldiers were killed during clashes that followed an attempted intrusion at the base near the northern Iraqi city of Metina, the ministry said

Relief and scepticism at London Pro-Palestinian protest

Tens of thousands of pro-Palestinian protesters marched in London on Saturday, expressing scepticism and cautious hope as a ceasefire between...

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Global oil demand to dip in 2030, first drop since Covid: IEA

IEA cited sluggish economic growth, global trade tensions, the rise of electric cars and the shift away from crude to...

MENA brief Jun 17: ADNOC Drilling appoints new CEO, Riyadh up in startup ranking

The DMCC Crypto Centre welcomed Bitcoin.com, which is setting up its first MENA office in Dubai. The Arab Coordination Group...

China’s Xi in Kazakhstan to cement Central Asia ties

Astana, Kazakhstan - Chinese President Xi Jinping will meet Central Asian leaders at a summit in Kazakhstan on Tuesday, his...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel, Iran trade missile fire as Trump warns Tehran to ‘evacuate’

The United States and Iran had engaged in several rounds of indirect talks on Tehran's nuclear programme in recent weeks,...
  • Despite growing calls for the longtime foes to end hostilities, neither Israel nor Iran showed any signs of cutting short the missile blitz kicked off Friday
  • The Chinese embassy in Tel Aviv warned its citizens to leave the country immediately, as the United States said it was deploying "additional capabilities" to the Middle East

G7 urges Iran de-escalation as Trump makes hasty summit exit as ally Israel pounds Iran

The G7 statement said that Israel "has a right to defend itself" and stressed "the importance of the protection of...
  • After a day of statements backing diplomacy, Trump ominously took to social media to sound a warning to the people of the Iranian capital Tehran
  • But after hesitating at backing a joint statement on the crisis, Trump relented during a dinner at the forested lodge under the snow-capped mountains in Kananaskis

Day 4: Tehran residents flee Israeli attacks as casualties mount

Images verified by AFP, shot by a social media user from an overpass, showed near immobile traffic on a Tehran...
  • Iran's health ministry says at least 224 people have been killed and more than 1,200 wounded.
  • Iran foreign ministry spokesman Esmaeil Baqaei called the strike on state TV a "war crime".