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 strikes kill 12 in Rafah amid truce, hostage deal efforts

"Twelve martyrs and dozens of wounded, including women and children, were recovered from under the rubble when a house and...
  • The Qatar-based Hamas chief, Ismail Haniyeh, arrived in Cairo for discussions on the "aggression in the Gaza Strip and other matters", the group said in a statement.
  • Haniyeh -- who earlier met Iranian Foreign Minister Hossein Amir-Abdollahian -- was heading a "high-level delegation" to Egypt, a frequent mediator between Israel and Palestine.

Malaysia bans Israeli-flagged ships over Gaza war

Prime Minister Anwar Ibrahim in a statement said that ships bound for Israel will also be barred from loading cargo...
  • The Prime Minister said Malaysia was confident its trade would not be affected by the decision
  • Pressure is mounting on Israel to agree to a new truce that could ramp up aid to the Gaza Strip

Strong Russia ties a strategic choice, says Xi Jinping

The Chinese president called for deeper bilateral cooperation during a meeting with Russia's Prime Minister Mikhail Mishustin in Beijing. The...
  • Xi said developing China-Russia relations is a strategic choice made by both sides
  • Russian PM said that ties between Moscow and Beijing had reached an "all-time high"

UN Security Council due to vote on delayed Gaza resolution

This week's back and forth comes after an impasse earlier this month, when the United States, despite unprecedented pressure from...
  • The humanitarian situation in Gaza was rapidly deteriorating, with a senior UN official saying Israel's steps to allow in aid were "far short" of mounting need
  • Members of the council had grappled for days to find common ground on the resolution, a vote on which was pushed back throughout Tuesday, after being postponed Monday

Waning influence of OPEC+ in spotlight as prices flag

Founded in 1960, the 13-member OPEC cartel in 2016 partnered up with 10 other producers to form OPEC+ to gain...
  • Prices are sitting at their lowest level in nearly six months despite the cartel's announcement in November to further cut output
  • While Riyadh blamed speculators for the drop, rather than weak demand, analysts say the cartel's lack of unity has fuelled scepticism about their latest announced cuts.

Google to pay US$700m to US consumers

It is an antitrust settlement made public recently.
  • In 2021, many US states had come together to file a lawsuit accusing Google of abusing its power regarding consumer access to apps
  • Google as part of the settlement will make changes to its Google Play app store to reduce competition barriers for developers

Man City ease into Club World Cup final but must cope without Haaland

Despite missing their biggest goal threat and creative hub, City were never troubled as an unblemished record for European sides...
  • The European champions shrugged off their sluggish Premier League form to cruise past Urawa Reds 3-0 in Tuesday's semi-final in Jeddah, Saudi Arabia
  • Haaland watched on from the stands as Mateo Kovacic and Bernardo Silva struck after Marius Hoibraten's own goal opened the scoring

Hamas chief to visit Egypt for Gaza ceasefire talks

According to a source close to the Palestinian Islamist group, Hamas chief Ismail Haniyeh is set to visit Egypt on...
  • The talks will focus on ending "aggression and the war" and the release of prisoners
  • Haniyeh's visit will be his second to Egypt since the start of the war on October 7

Israeli army strikes renders Gaza’s Al-Ahli hospital non functional

TEL AVIV, ISRAEL - One of the last remaining hospitals in the northern Gaza Strip stopped operating on Tuesday after...
  • An official told AFP Israeli troops attacked the Al-Ahli hospital and arrested doctors, medical staff and patients, destroying part of the building's grounds
  • At least four people who were wounded by Israeli fire on Monday died on Tuesday after being injured in the Al-Ahli assault, he said

UNICEF terms Gaza world’s ‘most dangerous place’ for children

Geneva, Switzerland - Gaza is "the most dangerous place in the world" for a child, the UN children's agency spokesperson said...
  • "I'm furious that those with power shrug at the humanitarian nightmares unleashed on a million children," UNICEF spokesperson James Elder said
  • He spoke of children having undergone amputations and who were then "killed in those hospitals" as the Israeli army bombardment of the Gaza Strip continues

Iran says cooperation with UN nuclear watchdog ‘no longer relevant’

Iran's top diplomat said Sunday that cooperation with the United Nations nuclear watchdog was no longer relevant following the reimposition...

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US slaps sanctions on four ICC judges over Israel, US cases

The United States on Thursday imposed sanctions on four judges at the International Criminal Court including over an arrest warrant...

Hamas says ready for ‘serious’ Gaza truce talks, as rescuers say 37 killed

Negotiator Khalil al-Hayya made the declaration in a speech marking the start of Eid al-Adha festivities, typically a joyous date...

Muslim pilgrims ‘stone the devil’ as Hajj concludes under extreme heat in Saudi Arabia

Starting at dawn, the more than 1.6 million Muslims took part in the pilgrimage will throw seven stones at each...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Gamers get hold of Nintendo’s hotly awaited Switch 2

Tokyo, Japan -- Gamers finally got their hands on Nintendo's new Switch 2 on Thursday, the console that could score...
  • The device, which features a bigger screen and more processing power, is an upgrade to the Switch that became a global phenomenon with hit games such as "Animal Crossing".
  • The original Switch has sold 152 million units since its 2017 release, making it the third-best-selling console ever.

What is genocide and is it happening in Gaza?

The accusation against Israel of genocide has been made with increasing force from quarters ranging from "Schindler's List" star Ralph...
  • Israel's military offensive on Gaza since October 2023 has killed 54,677 people, mostly civilians, according to the health ministry in the occupied Palestinian territory.
  • French-Israeli lawyer Omer Shatz said "there is no doubt that war crimes, crimes against humanity are being committed" in Gaza.

‘Italian genius’ Inzaghi to coach Saudi Arabia’s Al Hilal

Riyadh, Saudi Arabia -- Former Inter boss Simone Inzaghi was revealed as the new coach of Saudi Arabia's Al Hilal...
  • The Italian, who led Inter to a heavy defeat in Saturday's Champions League final, had earlier played down rumors of a two-year deal worth 50 million euros.
  • Inzaghi, 49, becomes just the latest high-profile footballing acquisition for oil-rich Saudi Arabia, which will host the World Cup in 2034.