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.

Bitcoin hits record high above $125,000

Tokyo, Japan -- Bitcoin reached a new record high on Sunday, rising above the $125,000 mark. The cryptocurrency reached $125,689,...

Facing pressure, Security Council to vote on new Gaza ceasefire call

The Security Council has faced sharp international opprobrium as it has managed to pass only one resolution on Gaza since...
  • The vote comes days after the US blocked a previous Security Council resolution that would have called for a "humanitarian ceasefire" in the battered Palestinian territory
  • The new draft, drawn up by the United Arab Emirates calls for an "urgent and sustainable cessation of hostilities to allow safe and unhindered humanitarian access."

Iraqis vote in first provincial elections for a decade

The vote is expected to consolidate the position of the ruling Coordination Framework coalition, an Iran-aligned bloc that brings together...
  • The vote will take place with disillusionment widespread among the country's 43 million inhabitants, with endemic corruption eating away at the oil-rich nation
  • Ballots will be held in 15 of Iraq's provinces but not in the other three which are Kurdish and operate under a separate autonomous system

Pope deplores death of two women in Gaza parish

Pope Francis spoke a day after the Latin Patriarchate of Jerusalem said a Christian mother and daughter had been shot...
  • The pope said there were families, children, people, who are sick and have disabilities. in the parish
  • According to the Vatican press agency, the victims were an elderly woman and her daughter

Plan to end e-vehicle subsidies sparks anger in Germany

BERLIN, GERMANY -  The German government on Sunday faced a backlash after abruptly ending an electric car subsidy scheme in a...
  • The economy ministry said on Saturday that Sunday would be the last day prospective buyers could apply for the scheme.
  • Under the scheme, the government paid out thousands of euros per customer to partially cover the cost of buying an electric car.

Kuwait’s emir Sheikh Nawaf laid to rest in a low-key ceremony

KUWAIT CITY, KUWAIT - Kuwait's emir Sheikh Nawaf al-Ahmad Al-Sabah, who was defense minister when Iraq invaded the oil-rich country in...
  • Attendance was largely limited to ruling family members, making for an intimate farewell for the emir who reigned for three years.
  • Across Kuwait City, large digital billboards displayed pictures of the late ruler, hailed as the "emir of wisdom, forgiveness and peace".

Killed Israeli hostage’s brother says army ‘murdered’ him

Alon Shamriz, 26, was one of the three Israeli hostages shot dead by soldiers during an operation in the Gaza...
  • "Those who abandoned you also murdered you after all that you did right," Ido, brother of Shamriz said at the funeral in kibbutz Shefayim north of Tel Aviv.
  • The deaths of the three men sparked protests in Tel Aviv as demonstrators demanded that the authorities offer a new plan for bringing home the remaining hostages.

Israeli strikes kill 24 Palestinians as pressure grows for Gaza ceasefire

French Foreign Minister Catherine Colonna was the latest envoy to call for an "immediate and durable" truce leading to a...
  • Pope Francis deplored the death of a Christian mother and daughter reportedly shot dead by an Israeli soldier at Gaza's only Catholic church, where families were sheltering.
  • "I would not be surprised if people start dying of hunger, or a combination of hunger, disease, weak immunity," said Philippe Lazzarini, head of UNRWA.

Native oysters making a return to Belfast after over a century’s absence

BELFAST, UK - Long gone from Belfast's famed harbor where the Titanic was built, oysters are making a comeback thanks to...
  • Until the early 1900s, the Belfast Lough channel was home to large oyster reefs but overfishing, disease and pollution decimated the population.
  • Extensive native oyster beds were abundant in European seas and humans have been harvesting them since the Stone Age.

Israel army kills five Palestinians in West Bank: health ministry

The death toll from the raid on the Nur Shams camp in the West Bank city of Tulkarem climbed to five...
  • More than 290 Palestinians have been killed by Israeli forces or settlers in the West Bank since the war erupted on October 7, health officials say.
  • Israel has occupied the West Bank since the 1967 Arab-Israeli war. Jenin in particular has been the scene of repeated raids in recent months that have left dozens dead.

Italy, UK leaders unite on migration, agree Tunisia deal

At their meeting, Sunak and Meloni agreed to fund a project to help repatriations of migrants in Tunisia, the departure...
  • The two leaders held formal talks at Meloni's office and the British Conservative leader also delivered a speech at a gathering of her far-right Brothers of Italy party
  • Both leaders have vowed to stop migrant boat landings on their country's shores and in his speech, Sunak hailed the willingness of them both to "break from consensus"

Bitcoin hits record high above $125,000

Tokyo, Japan -- Bitcoin reached a new record high on Sunday, rising above the $125,000 mark. The cryptocurrency reached $125,689,...

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Israel arms exports to UAE, Bahrain, Morocco rise sharply after 2023

Sales to countries considered part of the Abraham Accords -- the United Arab Emirates, Bahrain and Morocco who signed groundbreaking...

Trinity College Dublin university to cut links with Israel over Gaza violations

Dublin, Ireland -- Ireland's prestigious Trinity College Dublin said on Wednesday that it would cut all links with Israel in...

Saudis use AI, drones and thousands of cameras to keep hajj pilgrims safe

Makkah, Saudi Arabia -- Working day and night in front of maps, screens and seemingly endless data, Saudi officials have...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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27 killed as Israeli army opens fire near Gaza aid point

United Nations Secretary-General Antonio Guterres decried the deaths of Palestinians seeking food aid as "unacceptable", and the world body's rights...
  • United Nations Secretary-General Antonio Guterres decried the deaths of Palestinians seeking food aid as "unacceptable."
  • Israel has stepped up its offensive in what it says is a renewed push to defeat Hamas, whose October 2023 attack sparked the war

Israel army says shelling Syria after projectiles launched

The Israeli military said it was shelling targets in Syria on Tuesday in response to a pair of projectile launches,...
  • Syria's foreign affairs ministry denied firing the projectiles and said the country "has never been and will never be a threat to anyone in the region".
  • Israeli media said Tuesday's strikes were the first fired from Syria into Israeli territory since the fall of longtime ruler Bashar al-Assad in December

World Economic Forum unveils framework highlighting transformative technology convergences across key industries

Agentic AI, spatial intelligence and robotic advancements in manipulation and adaptive control are enabling autonomous systems to make intelligent decisions...
  • The 3C framework – combination, convergence and compounding – identifies standout technology combinations such as cognitive robots and digital twin ecosystems
  • The framework can help industry leaders drive systemic change across infrastructure, energy, transportation and healthcare by investing in ecosystem readiness