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.

Israel, Hamas ceasefire begins Sunday, includes hostage deal, phased Israeli withdrawal, more aid for Gaza

The deal, brokered by the U.S., Egypt, and Qatar, includes Hamas releasing 33 hostages and Israel freeing hundreds of Palestinian...
  • The deal includes release of 33 Israeli hostages, including women, children, and the elderly, and, in return, Israel will release hundreds of Palestinian captives
  • The deal also allows for a dramatic increase in humanitarian aid to Gaza, with over 500 trucks of food, water, and medical supplies expected to enter the region daily

Syria, Iran, Saudi Arabia, and Palestine test Washington’s strategy under Trump leadership

The Trump administration faces a Middle East shaped by shifting alliances, unresolved conflicts, and evolving regional priorities, demanding a measured...
  • Iran’s diminished influence in the region presents a potential opening for U.S. diplomacy, but Gause warns against the pitfalls of an aggressive regime-change agenda
  • Saudi Arabia’s regional strategy has undergone a significant transformation under Crown Prince Mohammed bin Salman, driven by the economic ambitions of Vision 2030

UAE discusses temporary Gaza governance with US, Israel, seeks two-state solution assurance: report

Discussions led by the UAE include provisional administration, PA leadership overhaul, and Gaza reconstruction, requiring extensive international cooperation and adherence...
  • According to sources familiar with the talks, the discussions include the UAE, the US, and other nations overseeing governance, security, and reconstruction of Gaza
  • Israeli Prime Minister Benjamin Netanyahu had suggested that the UAE, Saudi Arabia, and other nations could assist in governing Gaza after the war

In a change of tone, Syria’s new leader urges US to pressure Israel for withdrawal

Julani’s appeal comes as Syria signals a shift in its diplomatic tone. Maher Marwan, Damascus’ new governor, told NPR that...
  • The report, published by Kan 11, said that Israeli authorities have denied receiving any formal communication on the matter
  • A senior security official has stated that Israel "will not compromise its security" in response to the alleged request

US proposes $8B arms deal with Israel; Biden plans strikes on Houthis as Gaza aid faces Trump-era cuts

The US proposes an $8 billion arms deal with Israel, plans intensified strikes on Yemen's Houthis, while Israel considers cutting...
  • According to sources cited by Axios, the arms deal requires formal approval from both the House and Senate committees
  • A US official emphasized that the arms sale aligns with the administration’s commitment to Israel's security

Palestinian Authority suspends Al Jazeera broadcasts

The Palestinian Authority on Wednesday ordered the suspension of broadcasts by Qatar-based Al Jazeera across the Palestinian territories, accusing the...
  • Militant group Hamas condemned the decision to ban the network
  • Tensions between the two sides followed recent coverage of clashes between Palestinian security forces and militants in Jenin

‘Numb’ New Orleans grapples with horror of deadly truck attack

New Orleans, United States - The celebratory atmosphere of Bourbon Street in New Orleans, long an American byword for indulgence and...
  • A deadly truck attack on New Year's crowds in New Orleans' French Quarter left at least 15 dead, shaking the heart of the city's famed Bourbon Street
  • Residents and visitors mourn the tragedy, calling for stricter security as New Orleans faces major upcoming events like Mardi Gras and the Super Bowl

Syria Foreign Minister in Saudi Arabia, hopes the visit opens ‘new, bright page’

Last week, in an interview with Saudi-owned Al Arabiya television, Sharaa said Saudi Arabia "will certainly have a large role...
  • Syrian state media said the top delegation had come to the kingdom "at the invitation of the Saudi foreign minister", quoting a foreign ministry source.
  • Saudi Arabia severed ties with Assad's government in 2012 and backed Syrian rebels seeking to overthrow him early in the country's civil war

UN: Israel’s strikes on Gaza hospitals may constitute war crimes, urges independent probe

The UN's 23-page report, "Attacks on Hospitals During the Escalation of Hostilities in Gaza," documented 136 strikes on 27 hospitals...
  • The world body's 23-page report, entitled "Attacks on hospitals during the escalation of hostilities in Gaza", looked at the period from October 7, 2023 to June 30, 2024
  • The report said attacks on hospitals typically involved missile strikes on hospital buildings, the destruction of facilities, shooting of civilians, and sieges.

South Korea’s Yoon: from star prosecutor to president facing arrest

Yoon is under investigation for his martial law declaration and faces criminal charges of insurrection, which could result in life...
  • Investigators sought an arrest warrant against Yoon which a court issued on Tuesday.
  • If arrested, Yoon would become the first S.Korean president detained before impeachment procedures

Firms lag as AI-driven fraud surges: Study

The report, published by the Association of Certified Fraud Examiners and analytics firm SAS, highlights widening gaps between rapidly evolving...

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Trump demands Hamas agree to deal by Sunday or face ‘all hell’

"If this LAST CHANCE agreement is not reached, all HELL, like no one has ever seen before, will break out...

Not all ‘A’s: Unconventional paths that led to Nobels

Stockholm, Sweden -- Some Nobel laureates were straight-A students from the get-go. But others AFP spoke to recounted how they...

Carrefour name disappears from Arab stores as Israel boycotters claim victory

Dubai, United Arab Emirates -- The Carrefour name has disappeared from storefronts in some Arab countries, with pro-Palestinian shoppers and...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Two dead, four wounded in UK synagogue ‘terrorist attack’

Two people were killed Thursday and four wounded outside a Manchester synagogue packed with worshippers on a Jewish holiday, UK...
  • Police said the two dead victims were Jewish, and declared the attack a "terrorist incident" in the northwest English city
  • Prime Minister Keir Starmer swiftly condemned the event as "horrific", and announced security was being boosted at UK synagogues

Israel to deport aid flotilla activists, draws widespread condemnation

Turkey called the interception "an act of terrorism," and on Thursday said it had opened an investigation after Israeli forces...
  • Colombian President Gustavo Petro said he will expel all remaining Israeli diplomats in the country over the interception.
  • South Africa urged Israel to immediately release the activists, who include Mandla Mandela, the grandson of anti-apartheid hero Nelson Mandela.

Hamas wants to amend disarmament clause in Trump plan: source close to group leaders

Hamas negotiators held discussions Tuesday with Turkish, Egyptian and Qatari officials in Doha, the source said, requesting anonymity to discuss...
  • Hamas negotiators held discussions Tuesday with Turkish, Egyptian and Qatari officials in Doha, the source told AFP
  • A Palestinian source said: "Hamas wants to amend some of the clauses such as the one on disarmament and the expulsion of Hamas and faction cadres."