INSEAD Day 4 - 728x90

Geostrategy

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.

Iran, European powers to hold nuclear talks in Turkey

The Istanbul meeting follows Foreign Minister Abbas Araghchi's warning of "irreversible" consequences if the European powers move to reimpose United...
  • The Istanbul meeting follows Foreign Minister Abbas Araghchi's warning of "irreversible" consequences if the European powers move to reimpose UN sanctions on Iran
  • Trump effectively torpedoed the deal during his first term in 2018, by unilaterally abandoning it and reimposing sanctions on Iran's banking sector and oil exports

Trump caps Gulf tour in Abu Dhabi with dizzying investment pledges, deal worth $1.4 trn signed

US President Donald Trump on Friday capped off a Gulf tour in Abu Dhabi that has seen the securing of...
  • On his first foreign tour of his second term, Trump oversaw a $200 billion order from Qatar Airways for Boeing jets and a $600 billion investment from Saudi Arabia
  • Trump also expressed optimism over reaching a new agreement with Iran over its nuclear programme, and in a seismic diplomatic shift, decided to lift decades-long sanctions on Syria

Gaza air strikes kill over 100 as manhunt unfolds in West Bank

Palestinian rescuers reported more than 100 people killed Thursday in Israeli strikes on blockaded Gaza, where a US-backed organisation said...
  • In the occupied West Bank, raids were ongoing and roads blocked after Israel's military chief vowed to find the perpetrators of an attack that killed a pregnant Israeli woman
  • "Israel's blockade has transcended military tactics to become a tool of extermination", Human Rights Watch executive director Federico Borello said in a statement Thursday

Trump says getting close to deal to avoid Iran action

US President Donald Trump said Thursday a deal was close on Iran's nuclear programme that would avert military action, sending...
  • Trump has said the tour has resulted in trillions of dollars in deals and is hoping to secure more billion-dollar business agreements in the UAE
  • Iran has held four rounds of talks with Trump's administration which has sought to avert threatened military action by Israel

Warm Trump-Erdogan ties puts Turkey at heart of peace diplomacy

Turkey is deploying all-out diplomatic efforts to secure a Russia-Ukraine deal, to ease Syria's relations with the West and facilitate...
  • Turkish President Recep Tayip Erdogan took part remotely in a landmark Riyadh meeting between Trump and Syria's new leader Ahmed al-Sharaa
  • Analysts say Washington has gravitated towards Turkey thanks to the personal connection between Trump and Erdogan

Ukraine, Russia to hold first direct talks since 2022

War rivals Ukraine and Russia are set to go into their first direct talks in more than three years on...
  • Ukraine's President Volodymyr Zelensky had challenged Putin to meet him in person in Istanbul, but the Russian delegation names only a lower-level team
  • Putin's absence would diminish the importance of the first direct negotiations since a failed effort in the weeks after Russia's 2022 invasion

Trump to close deal-making Gulf tour in UAE, announces big Boeing order for Qatar Airways

US President Donald Trump on Thursday closes a Middle East tour in the United Arab Emirates as he focuses squarely...
  • Trump will fly to the Emirati capital Abu Dhabi after a stop in Qatar, where the president hailed what he said was a record $200 billion deal for Boeing aircraft
  • He started the trip in Saudi Arabia which promised its own $600 billion in investment, including one of the largest-ever purchases of US weapons

Turkey eyes legal steps after Kurdish militant group PKK disbands

Ankara, Turkey - After the decision by the Kurdish militant group PKK to disband, Turkey was eyeing Wednesday a raft...
  • The pro-Kurdish DEM party urged Ankara on Tuesday to take "confidence-building steps" such as freeing political prisoners
  • So far, Turkish officials have said little but the government is working on a proposal that could ease prison sentences in general

Gaza rescuers say 80 killed in Israeli strikes

Gaza rescuers said at least 80 people were killed in Israeli bombardment across the Palestinian territory on Wednesday, as Israeli...
  • AFP footage from the aftermath of a strike in Jabalia, northern Gaza, showed mounds of concrete rubble and twisted metal from collapsed buildings
  • Footage of mourners in the north of the territory showed women in tears as they kneeled next to bodies wrapped in bloodstained white shrouds

Trump presses Syria leader on Israel after lifting sanctions

US President Donald Trump landed in Doha Wednesday after visiting Riyadh, where he urged Syria's president to normalise with Israel...
  • Trump became the first US president in 25 years to meet a Syrian leader -- Ahmed al-Sharaa, an erstwhile Islamist guerrilla and jihadist who had been on a US wanted list
  • Turkey and Saudi Arabia both advocated reconciliation with Syria, but the move is the latest to put Trump at odds with Israel, which has expressed deep scepticism of Sharaa

Hezbollah dismisses US-brokered truce, insists on comprehensive ceasefire

The Arab League, meanwhile, warned that Israeli occupation policies and military actions across Palestinian, Lebanese and Syrian territories undermine peace...

Company News

Latest News

Trade truce in balance as Trump meets ‘tough negotiator’ Xi: ‘We’ll have a great understanding’

The world's two top economies' trade tussle -- encompassing everything from rare earths to soybeans and port fees -- has rocked...

Israel hits dozens of targets as Gaza sees deadliest night since truce

Gaza's civil defense agency said more than 100 people were killed, including many children, but both US President Donald Trump...

Syria attracted $28 bn in investment since Assad’s fall: president

Syria has begun the mammoth task of trying to rebuild its shattered economy, after over a decade of war saw...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Trump says ‘nothing’ will jeopardize Gaza ceasefire after Israeli strikes kill 38 people

Trump defended Israel's actions on Wednesday, saying it "should hit back" if Israeli soldiers were killed, but added that "nothing's...
  • Prime Minister Benjamin Netanyahu ordered "powerful strikes" on Gaza, after his defence minister accused Hamas of attacking Israeli troops in Gaza
  • While Israel Katz did not say where the troops were attacked, Hamas said its fighters had "no connection to the shooting incident in Rafah" and reaffirmed its commitment to the US

Iran proposes regional currency to boost trade

Tehran, Iran -- Iranian President Masoud Pezeshkian on Tuesday proposed that Iran and its regional trading partners establish a shared...
  • Years of international sanctions, largely imposed by the United States over Tehran's nuclear programme, have severely weakened Iran's economy.
  • "Even a common currency could be adopted in the region to help promote economic development," he told a meeting with Tajik Interior Minister Ramazan Rahimzada.

OpenAI says a million ChatGPT users talk about suicide

San Francisco, United States -- Data from ChatGPT-maker OpenAI suggest that more than a million of the people using its...
  • estimated that approximately 0.15 percent of users have "conversations that include explicit indicators of potential suicidal planning or intent."
  • With OpenAI reporting more than 800 million people use ChatGPT every week, this translates to about 1.2 million people.