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.

Libya’s theatre stages comeback after years of turmoil in divided nation

Hassituha (You Felt It), a mostly silent play from eastern Libya, symbolizes both the country's divisions between west and east,...
  • More than 60 playwrights and performers took part in the festival, alongside dozens of directors and authors.
  • Taking to stages in the capital Tripoli and Misrata, about 190 kilometers (120 miles) to the east, performers came from 11 cities around Libya.

Turkey targets ‘terrorists’ in Iraq and Syria after 12 soldiers killed

Ankara has operated several dozen military posts in the area for the past 25 years in its decades-old war against...
  • Defense ministry said "29 targets, including caves, bunkers, shelters, oil installations and warehouses, were destroyed" during the operation carried out at 10 pm BN
  • Syrian Observatory for Human Rights reported strikes on Saturday evening against two oil sites in northeast Syria, near the Turkish border

US sees new isolation from Israel support

In one step back from the newfound isolation, the Un on Friday, after painstaking negotiations, let through a UN Security...
  • A survey of six Arab publics last month showed that just seven percent believed the United States played a positive role in the war
  • Polling showed the main beneficiaries in Arab opinion have been China, Russia and Iran, which has historic tensions with the Arab world

Israeli strikes on Gaza kill 200 people in 24 hours

The high civilian toll in the latest Israeli strikes on the besieged territory comes in spite of growing calls for...
  • Most of the fighting is now centred on Gaza City and the southern city of Khan Yunis
  • Hamas authorities said the death toll from this war has now surged beyond 20,000

Syrians cancel Christmas festivities in solidarity with Gaza

The Syriac Catholic Church was not alone, with the leaders of three of Syria's major churches -- the Greek Orthodox,...
  • The northern Syrian city is usually home to a bustling festive market and a huge Christmas tree
  • The UN has said the ongoing Israeli military campaign left no safe place anywhere in the strip

US blames Iran for targeting tanker off India coast

It was the first time the Pentagon has accused Iran of directly targeting ships since the start of Israel's war...
  • A Pentagon statement said Saturday's Indian Ocean attack took place around 10 am local time
  • Ambrey, a maritime security firm, said the "chemical/products tanker was Israel-affiliated"

Yemen warring parties agree to ceasefire: UN envoy

UN special envoy Hans Grundberg's announcement marks the latest step to end the nine-year war that has killed hundreds of...
  • Grundberg said he "welcomes the parties' commitment to implement a nation-wide ceasefire
  • Yemen has been gripped by conflict since Houthi rebels took control of the capital Sanaa in 2014

Iran slams UN for its failure to stop Israel-Hamas war in Gaza

Iranian President Ebrahim Raisi slammed the "inefficacy" of international bodies to halt fighting between Israel and Palestinian group Hamas which...
  • The UNSC resolution urged the creation of "conditions for a sustainable cessation of hostilities", without calling for an immediate end to the fighting,
  • "The inability and inefficacy of international organizations has become clear to everyone in the world," the Iranian President said.

Families of Gaza’s Christians tense due to war

Jerusalem - Khalil Sayegh lives in the United States and for days he anxiously awaited news of his family who...
  • The Latin Patriarchate of Jerusalem reported that on December 16 two Christian women were "murdered" by an Israeli army sniper.
  • A Jerusalem-based nun,said she is only able to reach two other nuns sheltering at the Holy Family Church every three or four days.

Israeli evacuation diktat leaves Gaza without safe zone, says UN body

Israel's latest evacuation order for civilians in the central Gaza Strip would force them to relocate to areas "where there...
  • "The Israeli army just orders people to move into areas where there are ongoing air strikes. No place is safe, nowhere to go," said a UN official.
  • "People in Gaza are people. They are not pieces on a checkerboard -- many have already been displaced several times," he added.

Indirect talks on ending Gaza war begin in Sharm El-Sheikh: Egypt media

Behind closed doors and under tight security, negotiators will speak through mediators shuttling back and forth, only weeks after Israel...

Company News

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Apple under pressure to shine after AI stumble

Apple will showcase plans for its coveted devices and the software powering them at its annual Worldwide Developers Conference (WWDC)...

Activist aid ship nears Gaza after reaching Egypt coast: organisers

Cairo, Egypt - An aid ship with 12 activists on board, including Swedish climate campaigner Greta Thunberg, is nearing Gaza,...

Gaza rescuers say Israeli fire kills 13 including 6 near aid centre

Gaza's civil defence agency said Israeli forces killed at least 13 Palestinians on Saturday, six of them in a shooting...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israel admits to supporting anti-Hamas armed group in Gaza led by Yasser Abu Shabab

Prime Minister Benjamin Netanyahu admitted that Israel is supporting an armed group in Gaza that opposes the militant group Hamas,...
  • Israeli and Palestinian media have reported that the group Israel has been working with is part of a local Bedouin tribe led by Yasser Abu Shabab
  • The European Council on Foreign Relations (EFCR) think tank describes Abu Shabab as the leader of a "criminal gang operating in the Rafah area

Trump says Musk has ‘lost his mind’ as feud fallout mounts

Washington, United States - US President Donald Trump said Friday that Elon Musk had "lost his mind" but insisted he...
  • The blistering public break-up between the world's richest person and the world's most powerful is fraught with political and economic risks all round
  • Trump had scrapped the idea of a call with Musk and was even thinking of ditching the red Tesla he bought at the height of their bromance, White House officials told AFP

Israel warns of more Lebanon strikes if Hezbollah not disarmed, Lebanon says truce violated

Thursday's attacks on what the Israeli military said were underground Hezbollah drone factories came after an Israeli evacuation call on...
  • Hezbollah sparked months of deadly hostilities by launching cross-border attacks on northern Israel in stated solidarity with Palestinian ally Hamas
  • Lebanese President Joseph Aoun late on Thursday voiced "firm condemnation of the Israeli aggression" and "flagrant violation of an international accord."