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.

Netanyahu sacks defense minister Gallant over differences on Gaza

Citing a “trust breakdown,” Netanyahu dismissed Defense Minister Gallant amid the Gaza conflict, sparking Tel Aviv protests, as new defense...
  • Netanyahu and Gallant have frequently clashed over Israel's military offensive against Hamas following the Palestinian militant group's attack on Israel on October 7 last year
  • Israel's campaign has killed 43,391 people in Gaza, a majority of them civilians, according to Gaza health ministry figures which the United Nations considers to be reliable

Israel escalates strikes in Lebanon, Gaza as Netanyahu visits Northern Border, and Hezbollah claims missile attack

Israel intensifies airstrikes across Lebanon and Gaza, escalating cross-border violence as Netanyahu urges troops to push Hezbollah back and prevent...
  • Netanyahu's visit came after an air strike killed at least three people near the southern Lebanon city of Sidon,, and as more bombs hit the country's east
  • Iran's President Masoud Pezeshkian on Sunday said a potential ceasefire with its allies Hamas and Hezbollah "could affect the intensity and type of our response."

Lebanon accuses Israel of truce rejection after deadly Beirut strikes and growing Gaza crisis

A US-brokered plan reportedly under consideration would see Hezbollah pull back 30 kilometres (20 miles) from the border, north of...
  • The strikes on Lebanon came a day after Israeli Prime Minister Benjamin Netanyahu met US officials to discuss a possible deal to end the war against Hezbollah
  • In Gaza, where Israel has been engaged in a major offensive in the north for nearly a month, a Hamas official said the Palestinian group had rejected short-term truce

Israel, US envoys discuss possible ceasefire amid rising casualties in Lebanon conflict

With US mediation, a ceasefire proposal emerges for both Gaza and Lebanon, balancing Israel's security demands and Lebanon’s need for...
  • Netanyahu told Washington envoys Amos Hochstein and Brett McGurk that any Lebanon deal must guarantee Israel's longer term security
  • More than a month into its war with Israel, Hezbollah says it is ready for a truce, but there are limits to what it can accept after suffering devastating attacks

New Hezbollah leader signals ceasefire openness, but Israel demands Hezbollah withdrawal, border security

Israel’s security cabinet discussed terms, including Hezbollah’s withdrawal north of the Litani River and Lebanese army deployment along the border...
  • Naim Qassem's statement came as Israel's security cabinet met to discuss a possible truce, but also as Israel attacked the eastern Lebanese city of Baalbek
  • According to Israel's Channel 12, Prime Minister Benjamin Netanyahu met ministers late Tuesday to discuss Israel's demands in return for a 60-day truce

New Hezbollah leader says will accept ceasefire with Israel if terms ‘suitable’

Qassem replaces Hasan Nasrallah who was assassinated by Israel on September 27 after more than 30 years at the helm...
  • 'If the Israelis decide that they want to stop the aggression, we say we accept, but under the conditions', Qassem said
  • But Hezbollah "will not beg for a ceasefire", clarified the new new leader of the Lebanese group

Hezbollah names Naim Qassem as leader; Israel vows he “won’t last long” amid escalating conflict

Hezbollah's Qassem, succeeding slain Nasrallah, pledges resistance as Israel intensifies Gaza strikes, killing scores. International anger grows after Israel's UNRWA...
  • Hezbollah pledged to keep "the flame of resistance burning" until victory is achieved against Israel after all-out war erupted on September 23
  • Qassem had long operated in the shadow of Nasrallah, a towering leader who was one of the most enigmatic and influential figures in the Middle East

Mideast at ‘most dangerous juncture’ in decades: UN official

The UN's special coordinator for Middle East peace warned that the region was at its "most dangerous juncture" in decades
  • Israel's retaliatory offensive has killed at least 43,020 Palestinians in Gaza
  • And in Lebanon, at least 1,700 people have been killed since September 23

Updates: Israel slaps ban on United Nations and kills more than 150 in Lebanon and Gaza

Shunning international pressure, Israeli parliament passed a bill banning a United Nations aid agency, and also intensified its strikes against...
  • UNRWA has provided essential aid, schooling, healthcare and assistance across the Palestinian territories and to Palestinian refugees
  • US President Joe Biden said: "We need a [Gaza] ceasefire. We should end this war. It should end, it should end, it should end."

Iran FM says ‘received indications’ before Israeli attack

Araghchi said the "necessary measures" were taken when the attack unfolded, adding that he had been in contact with military...
  • "We had received indications since the evening about the possibility of an attack that night," Araghchi told reporters without specifying the nature of the indications
  • US news website Axios on Saturday said Israel has "sent message to Iran" ahead of its attack and warned it "against a response"

Millions join ‘No Kings’ protests across US

More than 3,000 rallies were held across all 50 states, with participation estimates ranging from several million to as many...

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Sweeping UN sanctions loom for Iran after nuclear talks fail

Sweeping UN sanctions loomed for Iran late Saturday for the first time in a decade, after last ditch nuclear talks...

Concluded days after Israeli strikes on Qatar, Pakistan-Saudi defence pact oozes with unknowns

The new mutual defence pact signed by Pakistan and Saudi Arabia this month surprised many and came just days after...

Iran sanctions look set to return despite last-ditch China, Russia effort to secure a delay

China and Russia at a Security Council session on Friday put forward a draft resolution, seen by AFP, that would...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Tehran, Moscow sign $25 bn deal to build nuclear plants in Iran: state media

Tehran, Iran -- Iran and Russia signed a $25 billion deal to build nuclear power plants in the Islamic republic,...
  • Iran has just one operational nuclear power plant in Bushehr in the south, with a capacity of 1,000 megawatts.
  • Each plant will have a capacity of 1,255 megawatts, though no details were provided on the timeline.

UN identifies 158 firms linked to Israeli settlements

While several companies including Alstom and Opodo had been removed from the non-exhaustive database, major firms such as Airbnb, Booking.com,...
  • UN rights chief Volker Turk has condemned as a war crime Israel's policy of settlements on Palestinian territory in the occupied West Bank.
  • While most of the companies were based in Israel, others were based in Canada, China, France, Germany, Luxembourg, the Netherlands, Portugal, Spain, Britain and the United States.

Ahead of Netanyahu visit, Trump vows to block Israel annexation of West Bank

Trump voiced optimism about ending nearly two years of devastating war, echoing the confidence expressed a day earlier on the...
  • Netanyahu will address the United Nations on Friday and later meet Trump in Washington as Israeli ministers muse of annexing the West Bank
  • Trump met Tuesday at the United Nations with the leaders of key Arab and Muslim nations who warned him of consequences if Israel moved ahead