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.

Pakistan says India has brought neighbours ‘closer to major conflict’

Pakistan charged India Friday with bringing the nuclear-armed neighbours "closer to a major conflict", as the death toll from three...
  • Most of the more than 50 deaths were in Pakistan during Wednesday's air strikes by India and included children
  • Pakistani military sources said that its forces had shot down 77 Indian drones in the last two days

Iran top diplomat to visit Saudi, Qatar before Trump tour

Iranian Foreign Minister Abbas Araghchi will visit Saudi Arabia and Qatar on Saturday, his ministry said, days before US President...
  • Araghchi is due to hold talks with senior Saudi officials in Riyadh before heading to Doha for a conference on Arab-Iranian dialogue
  • The Iranian top diplomat later said meetings in Saudi Arabia would cover the latest on the nuclear talks with the United States

Kurdish PKK says held ‘successful’ meeting on disbanding

The outlawed Kurdistan Workers' Party (PKK) held a "successful" meeting this week with a view to disarming and disbanding, a...
  • On February 27, Ocalan urged his fighters to disarm and disband, ending a decades-long insurgency against the Turkish state
  • Turkey's President Recep Tayyip Erdogan has warned there will be harsh consequences "if the promises are not kept"

US says new foundation to spearhead Gaza aid

Israel has imposed a blockade for two months on Gaza, leading UN agencies and other humanitarian groups to warn of...
  • State Department spokeswoman Tammy Bruce said the foundation was non-governmental and would make an announcement "shortly," without offering further details
  • "We welcome moves to quickly get urgent food aid into Gaza... in a way that the food aid actually gets to those to whom it's intended," Bruce told reporters

First responders in Gaza say running out of supplies

Gaza City, Palestinian Territories - First responders in Gaza said Thursday that their operations were at a near standstill, more...
  • Over 20 independent experts mandated by the UN's Human Rights Council demanded action on Wednesday to avert the "annihilation" of Palestinians in Gaza
  • The UN's agency for children, UNICEF, warned that Gaza's children face "a growing risk of starvation, illness and death" after UN-supported kitchens shut down

Pakistan and India accuse each other of waves of drone attacks

India and Pakistan accused each other Thursday of carrying out waves of drone attacks, as deadly confrontations between the nuclear-armed...
  • India launched missiles on Wednesday it said targeted "terrorist camps", and Pakistan retaliated with a barrage of artillery strikes, with at least 48 deaths reported on both sides
  • The South Asian neighbours have fought multiple wars over Kashmir since they were carved out of the sub-continent at the end of British rule in 1947

Israel threatens to do to Iran what it has done to Hamas

Israel will do to Iran what it has done to Hamas in Gaza, Defence Minister Israel Katz warned Thursday, days...
  • Along with Hezbollah and Hamas, Yemen's Huthi rebels are part of Iran's "axis of resistance" against Israel and its ally the United States
  • Hezbollah began launching attacks in October 2023 in support of its ally Hamas following its unprecedented attack on southern Israel

UN experts warn of ‘annihilation’ in Gaza

More than 20 independent United Nations experts said the world faced a "stark decision" to "remain passive and witness the...
  • A planned expanded offensive revealed by the Israeli military has drawn international condemnation, after UN agencies previously warned of humanitarian catastrophe
  • More than 20 independent United Nations experts said the world faced a "stark decision" to "remain passive and witness the slaughter of innocents or take part in a just resolution"

Pakistan warns will ‘avenge’ deaths from Indian strikes

India's army said it destroyed nine "terrorist camps" in Pakistan in the early hours of Wednesday, two weeks after New...
  • Pakistan military spokesman Ahmed Sharif Chaudhry said five Indian jets had been downed across the border
  • An Indian senior security source, who asked not to be named, said three of its fighter jets had crashed on home territory

Yemen’s Huthis to keep attacking Israeli ships despite US deal

Yemen's Huthi rebels will continue targeting Israeli ships in the Red Sea, an official told AFP on Wednesday, despite a...
  • The Huthis, who have controlled large swathes of Yemen for more than a decade, began firing at Israel-linked shipping in the Red Sea and Gulf of Aden in November 2023
  • They broadened their campaign to target ships tied to the United States and Britain after military strikes by the two countries began in January 2024

Trump signs order allowing US Govt access to AI models before public release

The measure establishes a new cybersecurity clearinghouse involving federal agencies and industry partners, reflecting growing concerns about advanced AI systems'...

Company News

Latest News

Israel insists it calls shots in Gaza despite signing up to a US-brokered ceasefire

Under the terms of a US-brokered ceasefire, as Israeli forces withdraw after the end of two years of brutal fighting...

Long-shot socialist Mamdani in touching distance of becoming NY mayor

New York, United States - An unknown local lawmaker just a few months ago, leftist Zohran Mamdani has burst onto...

China hails coming of ‘multipolar world’ ahead of key Trump-Xi talks to avert trade war

Global markets are watching closely to see if Thursday's planned meeting between the two presidents can halt a trade war...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Nigeria refinery aims to be world’s biggest with expansion

Lagos, Nigeria -- Nigeria's Dangote oil refinery, already the largest in Africa, aims to become the biggest in the world...
  • "We are more than doubling the barrels... to 1.4 million from 650,000," said Aliko Dangote, a Nigerian businessman who is Africa's richest person.
  • The Dangote refinery has sparked monopoly fears as it becomes a powerful player itself.

US treasury secretary signals deal to ease trade war with China

Washington, United States -- US Treasury Secretary Scott Bessent on Sunday signaled a tentative deal with China to de-escalate their...
  • Scott Bessent said the US threat of a 100% tariff hike on Chinese goods had effectively been taken off the table in exchange for Beijing deferring curbs on its rare earth exports.
  • The secretary's remarks came as Trump kicked off an Asia tour in Kuala Lumpur that will culminate in a sitdown with Xi in South Korea.

TotalEnergies approves restart of $20-bn Mozambique gas project

Paris, France -- France's TotalEnergies said Saturday the consortium it leads to build a $20-billion liquified natural gas project in...
  • The Mozambique LNG project, the largest private investment in Africa's energy infrastructure, is expected to generate thousands of jobs.
  • Work was frozen after militants launched a deadly attack on the site of the project near the Tanzanian border in March 2021, resulting in around 800 deaths.