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 airstrike on Lebanon border town kills Hizbollah fighter, 2 kin

Lebanon-Israel border has witnessed increasing hostilities amid the Israel-Hamas conflict since October 7, escalating exchanges involve the Israeli army and...
  • Lebanon's National News Agency identified the dead as Ali Bazzi (Hezbollah fighter), his brother Ibrahim and his wife Shourouk Hammoud
  • A relative of the deceased told AFP that Ibrahim Bazzi was an Australian citizen who had flown in for a visit about a week ago

Russia redirected most oil exports to China and India, says Novak

After President Vladimir Putin sent troops to Ukraine in February 2022, Western countries hit Russia with a slew of sanctions including a...
  • India has been able to snap up discounted crude from Russia before refining it and selling it to European customers, reports say
  • Russian Deputy PM Alexander Novak said he expected Russian oil and gas revenues will amount to almost nine trillion rubles ($98 billion) this year

Gaza clings on to eSIM cards to stay connected with world

Rafah, Palestinian Territories--Power cuts have become a fact of life in war-torn Gaza. But thanks to embedded SIM cards, Palestinians can...
  • A local journalist, Hani al-Shaer, who uses it to do live streams, said that without eSim cards "we would be cut off from the world"
  • Many rights groups have warned that phone and internet disruptions in Gaza could "provide cover for atrocities and breed impunity"

More than a bubble: Turkish sparkling wines win fans

Ankara, Turkey - Drinkers are getting into something of a fizz over Turkish sparkling wine. "We are selling out very quickly....
  • When it comes to celebrating a big occasion, few might think of reaching for a bottle of Turkish bubbly in a market dominated by French champagne, Spanish cava and Italian prosecco
  • But Misir's wine - made from a local Turkish grape variety that died out in the 1980s - won the gold medal for the Best Sparkling Wine in the World at a competition in France

Apple to appeal US watch ban

The company contends that the ITC finding was in error.
  • The ban on Apple's latest smartwatch models came into effect Tuesday, with the Apple Watch Series 9 and Apple Watch Ultra 2 no longer available in stores or online
  • The ban is the latest legal tussle involving big tech companies over valuable patents that has also seen Google battle in court against Sonos in a fight over speaker tech

Hizbollah missile attack wounds 9 Israeli soldiers

The army said that one of its soldiers injured by an anti-tank missile along with other troopers was in a...
  • The Israeli army and Hizbollah have been exchanging fire since the start of the Gaza war
  • At least four civilians and nine soldiers have been died in Israel in attacks by Hizbollah

US, Israel discuss ‘different phase’ of war

The Tuesday meeting additionally provided a chance for Israel and the United States to talk about the eventual "governance and...
  • The meeting provided an opportunity to talk about steps to improve the humanitarian situation in war-torn Gaza and minimize harm to civilians
  • It was also meant as a chance to speak on "the transition to a different phase of the war to maximize focus on high-value Hamas targets"

US shoots down Houthi-fired drones, missiles in Red Sea

The Pentagon said in a social media post that there was no damage to ships. Some 12 drones, three anti-ship...
  • Houthis said that they "carried out a targeting operation against a commercial ship"
  • The Houthis are targeting Israel and Israeli-linked vessels to push for a stop to the offensive in Gaza

Israeli troops shoot two Palestinians dead in West Bank

A resident from the camp told AFP that troops stormed the camp from its southern and northern entrances. "The two...
  • The two -- aged 17 and 31 -- were shot dead in the Fawwar refugee camp, south of Hebron, the ministry said.
  • Violence across the West Bank has flared since the war between Israel and Hamas members erupted in the Gaza Strip

WHO urges pandemic plans as ‘painful’ Covid ends

Geneva, Switzerland - The head of the WHO said on Tuesday the world needs to properly prepare for future pandemics after...
  • WHO head urged nations to seal a "monumental" pandemic accord to plug preparedness gaps that were exposed during the pandemic.
  • Tedros said that in terms of emergency preparedness and response, gaps remain in the world's readiness to prevent the next pandemic.

Ancient tablet disappears from Egypt’s Saqqara necropolis

Cairo, Egypt - A limestone tablet dating back more than 4,000 years has disappeared from Egypt's Saqqara necropolis, authorities said...

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NATO learns as Ukraine’s Operation Spider’s web changes battlefield: NATO Commander

Brussels, Belgium - Ukraine's "creativity", including its massive "Spider's web" drone attack deep inside Russia, holds profound lessons for Western...

Israel says Gaza-bound activist boat carrying Greta Thunberg redirected

The Madleen departed from Italy on June 1 to bring awareness to food shortages in Gaza, which the United Nations...

UN summit to tackle ’emergency’ in world’s oceans

Nice, France - A global summit on the dire state of the oceans kicks off Monday in France, with calls...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Iran says no sanctions relief in US nuclear proposal

Tehran, Iran -- Iran's parliament speaker said on Sunday that the latest US proposal for a nuclear deal does not...
  • Parliament speaker Mohammad Bagher Ghalibaf called it a sign of dishonesty, accusing the Americans of seeking to impose a "unilateral" agreement that Tehran would not accept.
  • "The delusional US president should know better and change his approach if he is really looking for a deal," Ghalibaf said.

Israel says to block Gaza-bound aid boat carrying Greta Thunberg

I have instructed the military to prevent the Madleen flotilla from reaching Gaza," Israeli Defense Minister Israel Katz said in...
  • Aboard the boat are nationals of Germany, France, Brazil, Turkey, Sweden, Spain and the Netherlands.
  • In May, another Freedom Flotilla ship, the Conscience, reported coming under drone attack.

Chinese man defies demolition orders to build madcap rural home

Xingyi, China -- Surrounded by the rubble of demolished homes, Chen Tianming's ramshackle tower of faded plyboards and contorted beams...
  • Authorities razed most of Chen's village in Guizhou province in 2018 to build a lucrative tourist resort in a region known for its spectacular rice paddies.
  • Chen, 42, refused to leave, and after the project faltered, defied a flurry of demolition notices to build his family's humble stone bungalow higher and higher.