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.

Pressure piles on Israel’s Netanyahu over Gaza

Israeli Prime Minister Benjamin Netanyahu faces mounting international and domestic pressure after the killing in Gaza of six captives, with...
  • Britain said Monday it would suspend some arms exports to Israel
  • A strike a by the Histadrut trade union seeking a hostage deal brought parts of Israel to a standstill

Two ships hit off rebel-held Yemeni region: maritime agencies

The Houthis said in a statement they had targeted the Blue Lagoon with "missiles and drones, and it was directly...
  • One attack was claimed by Yemen's Iran-backed Houthi rebels who have targeted ships they say are linked to Israel
  • The Joint Maritime Information Center (JMIC) said the first vessel, identified as Panama-flagged tanker Blue Lagoon I, was hit by two ballistic missiles

Israel set for general strike after Gaza hostages found dead

A nationwide strike aimed at ramping up pressure on Israel's government to secure the release of the remaining hostages in...
  • Of the 251 hostages seized during Hamas's October 7 attack on Israel, 97 remain captive
  • At least 637 Palestinians have been killed in the West Bank by Israeli troops

Yemen’s Houthis blew up stranded oil tanker: video

Rebel chief Abdul Malik al-Houthi on Thursday said his forces had "stormed" the tanker earlier this week. He added in...
  • The group's leader said the operation took place earlier this week. Since then, the rebels have agreed to allow rescue teams to access the ship
  • A video shared on the rebels' media outlets showed masked men planting explosives on the vessel and then detonating them, causing several fires on board

Yemen’s Houthis agree to temporary truce to secure stranded oil tanker

The vessel had departed from Iraq and was destined for a port near Athens, carrying 150,000 metric tons of crude...
  • The Greek-owned Sounion was hit by the Tehran-backed group off the coast of Hodeida last week, sparking fires and the evacuation of its crew
  • In a statement, the Houthis previously said the Sounion "belongs to a company that has ties with the Israeli enemy" and was "accurately and directly hit" with drones and missiles

Turkey, Azerbaijan hope for ‘lasting peace’ in South Caucasus

Years of diplomacy between the Caucasus rivals Azerbaijan and Armenia had failed to reach a breakthrough, but negotiations have resumed...
  • Top diplomats from Turkey and Azerbaijan held talks in the capital Ankara on several sticking issues including ongoing peace negotiations between Baku and Yerevan
  • The Caucasus rivals fought two wars -- in the 1990s and in 2020 -- over control of Nagorno-Karabakh, which had been predominantly populated by ethnic Armenians

Iran former top diplomat Zarif returns to VP post

"After the follow-ups and consultations conducted by the president and with his written order, I will continue to exercise my...
  • Pezeshkian named Zarif as his vice president for strategic affairs on August 1, but the former top diplomat resigned less than two weeks later
  • Conservatives in Iran have criticised Pezeshkian for choosing Zarif, who became known for his vital role in negotiating the landmark 2015 nuclear deal

Egypt says will not accept Israeli force on its Gaza border: state-linked media

Cairo, a key mediator in efforts to secure a ceasefire between Israel and Hamas in Gaza, "reiterated to all parties...
  • A key sticking point in the ceasefire talks have been calls for Israel to withdraw its forces from the border area, including the Rafah crossing
  • Israeli forces seized the Palestinian side of the Rafah crossing in early May, a move that has cut off a crucial aid route and drawn repeated condemnation from Egypt

Israel strikes Lebanon, says thwarted large-scale Hizbollah attack

The result was perhaps the biggest exchange of fire in 10 months of a war which began with a Hamas...
  • Hizbollah, the powerful Iran-backed Lebanese armed group, denied that thousands of launchers had been destroyed or that Israel had thwarted a larger attack
  • Israeli Prime Minister Benjamin Netanyahu told his cabinet the strikes were "not the final word" in the campaign against Hizbollah

Israeli defence minister declares 48-hour state of emergency

"The declaration on the state of emergency enables the IDF (Israeli military) to issue instructions to the citizens of Israel,...
  • "I hereby declare a special situation on the home front in other areas of the country. The situation is valid for 48 hours starting at 6:00 am," Gallant said
  • In a separate statement, the defence ministry said Gallant briefed US Secretary of Defence Lloyd Austin on the overall situation

Riyadh Emerges as Escape Hub for Super-Rich Fleeing UAE After Iran Strikes

With airspace across parts of the Middle East locked down and thousands of flights cancelled or delayed, King Khalid International...

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US again vetoes UN Security Council Gaza ceasefire call

The United States on Thursday again wielded its veto and thwarted a UN Security Council call for a ceasefire in...

Gaza, Palestinian future to dominate UN gathering to be attended by 140 world leaders

Kicking off Monday, Saudi Arabia and France will co-chair meetings on the future of the Israeli and Palestinian two-state solution, which...

Qatar meets ICC head as it mulls legal action against Israel

Doha, Qatar -- Qatar has met with the president of the International Criminal Court as it seeks legal action against...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Syria announces plan with Jordan, US to restore calm in Druze-majority Sweida

Syrian foreign minister Asaad al-Shaibani announced on Tuesday a plan backed by Jordan and the United States to restore calm...
  • The situation in the province has been tense since the clashes, which the Syrian Observatory for Human Rights said killed more than 2,000 people
  • Jordanian foreign minister Ayman Safadi, present at the event with US envoy Tom Barrack, said a "joint Syrian-Jordanian-American mechanism" would ensure the plan's implementation

Trump sues NYT for $15 billion in latest attack on media

Washington, United States -- Donald Trump filed a $15 billion defamation lawsuit against The New York Times on Monday, adding...
  • In his suit filed Monday in federal court in Florida, Trump accuses The New York Times of a "decades-long pattern" of smears driven by feelings of "actual malice."
  • The lawsuit also named four New York Times reporters and the publisher Penguin Random House as defendants.

Japan political party to install AI leader

The Path to Rebirth party, which was launched in January by Shinji Ishimaru, a former mayor of a small city...
  • Ishimaru came second in the 2024 Tokyo gubernatorial election but he quit the party after it failed to pick up any seats in this year's upper house elections.
  • The AI will not dictate political activities of party members but will focus on decisions such as distribution of its resources among members.