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.

Palestinian journalist freed from Israeli custody abused: report

Footage of the men, including Kahlout, stripped down to their underwear, with some of them appearing to hand over weapons,...
  • Diaa al-Kahlout, who was among dozens of Palestinians shown detained by Israeli troops and stripped to their underwear in Gaza, had been released
  • Paris-based media watchdog RSF has said following his arrest the journalist was briefly held in Eshel prison in Israel and was subjected to torture

Jordan king to host Sisi, Abbas for Gaza talks: palace

King Abdullah, in a meeting Sunday with US Secretary of State Antony Blinken, called on the United States to press...
  • The meeting will be held in the Red Sea resort of Aqaba as part of "Jordan's efforts to coordinate Arab positions to push for an immediate ceasefire in Gaza"
  • The three leaders would also discuss on "the situation in the West Bank" as the region has witness deadly violence by Israeli forces and the settlers

Bad day in space: Moon mission fails and NASA program delayed

Astrobotic's Peregrine Lunar Lander blasted off Monday from Florida's Cape Canaveral Space Force Station, then successfully separated from its rocket....
  • NASA has paid Astrobotic more than $100 million to ship scientific hardware to the Moon to answer questions about surface composition and radiation
  • The failure doesn't mean the strategy of ramping up commercial partnerships is innately flawed, Michael Lembeck, a former NASA official turned associate professor said

International forces respond to drone reports in Red Sea: UK agency

The Houthi rebels say they are acting in support of Hamas, targeting Israel and Israeli-linked vessels to push for a...
  • The agency said the incident had taken place about 50 nautical miles west of Yemeni port
  • Houthis have launched more than 100 drone and missile attacks on targets in Israel and the Red Sea

False tweet from US regulator briefly sends bitcoin soaring

The jump in the price of bitcoin to almost $48,000 came immediately after the SEC published a message on its...
  • Just after 4 pm local time, the price of the world's largest digital currency in terms of circulation surged towards its highest level for more than 22 months, before falling again
  • "The unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its staff," an US Securities and Exchange Commission's spokesperson later told AFP

CES2024 pet tech: Throw a dog a bone – or an AI collar

Las Vegas, United States - They don't own smartphones and can't go online, but that doesn't prevent them from being connected:...
  • The Smart Dog Collar not only helps owners locate their pet in real time, but also monitors its activity -
  • The technology was developed by French GPS specialist Invoxia, which now also offers a mini version for cats called Minitailz

Honda unveils futuristic EV series

It will introduce a commercial model in the US in 2026.
  • The automaker's "Saloon" model features a low platform with a wide interior and sleek silhouette
  • The company set an ambitious target of achieving 100 percent electrified vehicle sales by 2040

Hizbollah targets Israeli base in revenge attack

In a statement, Hizbollah said that it targeted the "enemy's northern command centre" in the Israeli city of Safed with...
  • Israel said that a "hostile aircraft" had crashed at one of its bases in the north
  • Violence has killed more than 185 people in Lebanon, including 140 Hizbollah fighters

EU examines Microsoft large investment in OpenAI

Brussels, Belgium - The EU, racing to regulate the fast-moving world of artificial intelligence, said on Tuesday it has started a...
  • The early-level examination is "checking whether Microsoft's investment in OpenAI might be reviewable under the EU Merger Regulation," the European Commission said.
  • The move is part of efforts by Brussels to make sure its regulatory oversight can catch up with AI developments and stop major players shutting out competitors.

Top global leaders to attend WEF meet amid Gaza, Ukraine war

Paris, France - US Secretary of State Antony Blinken, Israeli President Isaac Herzog and Middle East leaders will attend a World...
  • Blinken and US National Security Advisor Jake Sullivan will be among 2,800 participants at the forum, including more than 60 heads of state and government.
  • Argentina's libertarian new president, Javier Milei, French President Emmanuel Macron and Chinese Premier Li Qiang will also participate in the forum.

Israel declares ceasefire, begins troops pullback and Gazans start returning home

After two years of brutal war, the families of Israel's remaining hostages in the territory were also hoping the truce...

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Trump pocketed over $57 mn from crypto coin sales

New York, United States -- US President Donald Trump pocketed more than $57 million from token sales by the crypto...

‘Nothing left’: Israelis grapple with damage from Iran strike

Bat Yam, Israel -- A shocked Julia Zilbergoltz said she had never experienced anything like the Iranian missile strike that...

Tens of thousands dressed in red rally in Dutch protest for Gaza

Rights groups such as Amnesty International and Oxfam organized the demonstration through the city to the International Court of Justice,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Boeing lowers 2044 global air fleet outlook amid supply chain woes

New York, United States -- The global commercial aviation fleet will stand just under 50,000 planes in 2044, with most...
  • The global commercial aviation fleet will stand just under 50,000 planes in 2044, with most built over the next 20 years, according to a Boeing forecast released Saturday.
  • The global fleet will nearly double to 49,600, a bit below Boeing's prior annual outlook, the company said ahead of the giant Paris Air Show beginning Monday.

OpenAI enlists iPhone designer to create ideal device for using AI

New York, United States -- ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget...
  • ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget for using generative artificial intelligence (AI).
  • Sharing no details, OpenAI chief executive Sam Altman said that a prototype Ive shared with him "is the coolest piece of technology that the world will have ever seen."

UK moving assets, jets, to Middle East amid Iran crisis, says Starmer

Britain is deploying assets, including fighter jets, to the Middle East amid tensions between Iran and Israel, UK Prime Minister...
  • The UK leader said he had spoken with both US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu
  • The UK leader said his talk on Friday with Netanyahu had been "good and constructive" and had "included discussions about the safety and security of Israel."