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.

Updates: Iran calls on UN Security Council to condemn Israeli strikes amid fresh peace efforts

Iran unlikely to escalate situation with Israel, say experts, as UN chief says destruction in Gaza is "shocking". Netanyahu faces...
  • Iran sends letter to the UN Council to condemn Israeli "aggression" intelligence chief meet in Doha to discuss ceasefire
  • "Repeated efforts to deliver humanitarian supplies essential to survive -- food, medicine and shelter -- continue to be denied by the Israeli authorities..."

Updates: Israel targets key military sites in Iran amid escalating tensions in Middle East

Explosions sounded across Tehran after Israel’s airstrikes on Iranian military sites, raising fears of a broader conflict in the Middle...
  • The rapid escalation of violence has heightened fears across the region and beyond of a wider war, pitting Israel against Iran and the allies it dubs the "axis of resistance"
  • US National Security Council spokesman Sean Savett said the "targeted strikes on military targets" are " exercise of self-defence and in response to Iran's ballistic missile attack

Israel and Hamas near ceasefire talks, spy chief heads to Qatar as truce momentum builds

Israel’s Mossad chief will travel to Qatar for ceasefire negotiations as Hamas signals readiness to halt fighting, contingent on Israel...
  • Previous bids to stop the year-long war have failed, though the United States has voiced hope the killing of Hamas leader Yahya Sinwar last week could serve as opening for a deal
  • A senior Hamas official told AFP that a delegation from the group's Doha-based leadership discussed "ideas and proposals" related to a Gaza truce with Egyptian officials in Cairo

Beirut’s suburbs ravaged by Israeli air raids as Blinken urges de-escalation with Iran

Israeli airstrikes on Hezbollah's southern Beirut stronghold destroyed six buildings in the deadliest assault since the war began, despite U.S....
  • In southern Lebanon, Israeli strikes pounded Tyre, leaving swathes of its centre in ruins and sparking a new exodus from the once vibrant coastal city
  • Concerns are mounting over tens of thousands of civilians trapped by fighting in Gaza's aid-starved north, where Israel launched a major air and ground assault this month

Updates: Israel confirms killing of Hezbollah leader’s successor as Blinken presses for Gaza truce

US Secretary of State Antony Blinken urged Israel to reach a ceasefire in Gaza, while Israeli airstrikes continued targeting Hezbollah's...
  • A member of Hezbollah's decision-making body and a distant relative of Nasrallah, Safieddine was out of contact since Israeli strikes on Beirut weeks ago,
  • Grey-bearded and bespectacled, Safieddine bore a striking resemblance to his distant cousin Nasrallah, but was several years his junior, aged in his late 50s or early 60s

Is Musk’s million-dollar US voter lottery legal?

Donald Trump surrogate Elon Musk's offer of a million dollars to one registered voter in a swing state every day...
  • "I think it's something that law enforcement should look at."- Democratic Governor of Pennsylvania
  • Musk defends his move by saying it is a simple get-out-and-vote effort

Wealthy Israelis offer rewards for release of Gaza hostages

Jerusalem, Undefined - Frustrated with the dwindling prospect of reaching a ceasefire deal in the year-long Gaza war, some Israeli entrepreneurs...
  • Former SodaStream CEO Daniel Birnbaum said he received about 100 calls after offering $100,000 in cash or bitcoin for the safe delivery of a living Israeli prisoner from Gaza
  • Birnbaum said most of the calls are pranks, threats or curses, but "10 to 20 could be legitimate" and were transferred to Israeli authorities for further verification

Updates: Israel hits more targets in Lebanon as Blinken travels to Middle East to push for truce

Lebanon says four people were killed including a child in the latest Israeli strikes as Tehran says the United States...
  • Four people including a child had been killed on Monday evening in Israeli strikes near the Lebanon's biggest public hospital
  • Bahrain's King Hamad bin Isa Al Khalifa discuss bilateral cooperation with Iranian Foreign Minister Abbas Araghchi in Manama

In escalation, Israel bombs Hezbollah-linked finance group

-Israel began bombing Lebanese branches of an association accused of financing the Iran-backed Hezbollah movement, Lebanese state media reported late...
  • 11 Israeli strikes on Beirut's southern suburbs targeted Al-Qard Al-Hassan.centers
  • UNIFIL, said an Israeli "army bulldozer deliberately demolished an observation tower and perimeter fence of a UN position

Putin thanks UAE president for positive role in prisoner exchange with Ukraine

UAE President Sheikh Mohamed meets his Russian counterpart Vladimir Putin to discuss bilateral ties and Middle East. Sheikh Mohamed will...
  • Moscow and Kiev announced that they had swapped 95 prisoners each following negotiations led directly by the UAE
  • The UAE and Russia ties have grown closer recently with Putin saying that their bilateral trade had tripled in the past three years to $11.1 billion

Financial frauds cost global economy over $442bn in 2025: INTERPOL

AI-enhanced fraud is 4.5 times more profitable than traditional methods. “Agentic AI” systems can autonomously plan and execute complete fraud...

Company News

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Netanyahu says Palestinian state would be ‘national suicide’ for Israel and reward for Hamas

Netanyahu, who said his speech was being partially broadcast on Israeli military loudspeakers in Gaza, vowed to "finish the job"...

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,...

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,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Palestinian leader Mahmud Abbas tells UN no role for Hamas in state

Abbas, who addressed UN General Assembly by video after the US took the unusual step of denying him a visa...
  • Abbas took a moderate tone in his speech as he directly took up key concerns of Israel and the United States -- notably on Hamas, which is based in Gaza.
  • He distanced himself from the Oct 7, 2023 attack by Hamas, as well as frequent accusations by Israel's supporters that the Palestinians are denying the rights of Jews.

Meta activates Facebook ‘teen accounts’ worldwide

Paris, France -- Meta said Thursday it was activating so-called "teen accounts" with additional protections for adolescent Facebook and Messenger...
  • Meta's teen accounts, which offer additional security settings, content restrictions and parental controls for users aged 13 to 17, were first introduced on Instagram last year.
  • The company said in April that it had extended them across Facebook and the social network's Messenger private chat service in the US, Canada, Australia and Britain.

Palestinian leader to address UN as the US weighs whether to stop Israel’s Gaza annexation

Steve Witkoff, Trump's golfing friend turned roving global negotiator, said that Trump in a separate meeting with a group of...
  • US President Donald Trump's administration adamantly rejected statehood and, in a highly unusual step, barred Abbas and his senior aides from traveling to New York
  • Israeli Prime Minister Benjamin Netanyahu has vowed not to allow a Palestinian state and far-right members of his cabinet have threatened to annex the West Bank