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.

Deadly strikes hit Gaza as US envoy visits Israel

Israel has also fought and bombed resurgent Hamas forces in northern and central areas of the coastal territory previously considered...
  • Israel's Prime Minister Benjamin Netanyahu has vowed to keep fighting Hamas in Gaza, following its October 7 attack that sparked the war
  • Sullivan met his Israeli counterpart Tzachi Hanegbi and Netanyahu in Jerusalem for talks on the brutal Gaza conflict and post-war scenarios

US envoy touts ‘potential’ of Israel-Saudi deal in Netanyahu talks

US National Security Advisor Jake Sullivan says there is a potential of Israel-Saudi normalization deal if Netanyahu alters his political...
  • An Israeli strike killed 31 people in central Gaza on Sunday, said the Palestinian territory's civil defense agency
  • President Biden said Sunday he heard the voice of Gaza war protesters as some students turned their backs during his speech

Prayers and concern in Iran as President Ebrahim Raisi’s helicopter remains missing

Search and rescue teams are looking for the crash site in the remote mountain area, says Iranian state media, adding...
  • The harsh weather conditions and heavy fog have made it difficult for the rescue teams to reach the accident site.
  • Iranian president's convoy included three helicopters, and the other two had "reached their destination safely.

Oil tanker hit by missile off Yemen, no casualties

"At approximately 1 am (Sanaa time) May 18, Iranian-backed Houthis launched one anti-ship ballistic missile (ASBM) into the Red Sea...
  • The attack caused some flooding "which resulted in the loss propulsion and steering", CENTCOM said
  • The Houthis who control much of Yemen have launched dozens of attacks on vessels in and around the Red Sea

Israel calls for immediate release of hostages, reports two Thai people held in Gaza killed

The Israeli army said Thursday that two Thai hostages earlier believed to be alive in Gaza were killed in the...
  • There are now six Thai hostages being held in Gaza, according to an AFP tally
  • Families of Israeli hostages urged the UN Security Council to call for the immediate release of hostages held by Hamas in Gaza

Arab League calls for UN peacekeepers in Palestinian territories

In a concluding statement following a meeting in Manama, the 22-member grouping called for "international protection and peacekeeping forces of...
  • The league also separately, called for an "immediate" ceasefire in Gaza and an end to forced displacement in the Palestinian territory
  • Abbas told the summit his rival Hamas gave Israel "pretexts and justifications" to wage war on Gaza with its October 7 attack

Bahrain calls for Mideast peace conference at Gaza-focused Arab League

King Hamad bin Isa Al Khalifa was addressing fellow heads of state and government at the 22-strong grouping in Manama,...
  • King Hamad bin Isa Al Khalifa was addressing fellow heads of state and government at the 22-strong grouping in Manama, more than seven months into the conflict
  • UN Secretary-General Antonio Guterres described the war in Gaza as "an open wound that threatens to infect the entire region"

Israel says more troops to ‘enter Rafah’ as operations intensify

Israeli forces took control earlier in May of the Gaza side of the Rafah crossing with Egypt, in a push...
  • The operation "will continue as additional forces will enter" the Rafah area, Gallant said
  • Israel's top ally the United States has warned that it had not seen any credible Israeli plan to protect civilians in Rafah

Hamas chief says group to decide on post-war Gaza rule with Palestinian factions

Ismail Haniyeh on Wednesday said the movement will be involved in deciding post-war rule in Gaza along with other Palestinian...
  • Haniyeh also said the fate of truce talks was uncertain because of Israel's "insistence on occupying the Rafah crossing and on its expansion of the aggression."
  • His comments came after Netanyahu said any discussion on who rules Gaza after the war was just "empty talk" as long as Hamas remains in the territory

Israel PM says no ‘humanitarian catastrophe’ in Rafah as almost 500,000 evacuated

The United Nations said Tuesday that nearly 450,000 people had been displaced from Rafah since Israel first began issuing evacuation...
  • The international community, including Israel's top ally Washington, had urged Israel to refrain from launching a ground offensive in Rafah
  • But Netanyahu insisted that "the humanitarian catastrophe that was spoken about did not materialise, nor will it"

Israeli strikes kill 12 Palestinians in Gaza amid measures to ‘annex’ more West Bank land

Palestinian officials described the Israeli parliament's decision related to West Bank land as a “serious escalation,” while armed groups and...

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Israeli PM tells Gaza City residents to ‘leave now’ as military ramps up deadly assault

Israel has been intensifying its bombardment of the city in preparation for an operation to conquer it, despite repeated entreaties...

UK’s Starmer to meet Palestinian leader Abbas

Prime Minister Keir Starmer was due to meet Palestinian Authority president Mahmud Abbas Monday, as the UK government edges towards...

UN rights chief denounces Israeli ‘genocidal rhetoric’ on Gaza

Volker Turk said "shocking and dehumanizing language" has been used by a number of high-level officials, stressing that "this is...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Colman, Ruffalo among 1,500 film workers to boycott Israeli cinemas

The signatories included British actors Aimee Lou Wood, Josh O'Connor and Tilda Swinton, American actors Ayo Edebiri and Cynthia Nixon,...
  • The letter, organized by the group Film Workers for Palestine, said it was inspired by notable filmmakers who had refused to screen their work in apartheid South Africa.
  • The institutions to be boycotted would include any involved in "whitewashing or justifying genocide and apartheid", or those which partnered with the Israeli government.

Iran will accept nuclear curbs and restrictions to uranium enrichment if sanctions lifted: report

Iran will accept limits on its nuclear programme and restrictions to uranium enrichment if international sanctions are lifted, its foreign...
  • Iran "is ready to forge a lasting bargain that entails ironclad oversight and curbs on enrichment in exchange for the termination of sanctions", wrote Foreign Minister Araghchi
  • The message was addressed to the so-called E3 group of nations -- France, Germany and the UK -- involved talks with Iran over its nuclear programme

Trump issues ‘last warning’ to Hamas over hostages amid new proposal for ceasefire deal

"The Israelis have accepted my terms. It is time for Hamas to accept as well. I have warned Hamas about...
  • "The Israelis have accepted my terms. It is time for Hamas to accept as well. I have warned Hamas about the consequences of not accepting," Trump said on social media
  • In a statement released shortly after, Hamas said it was ready to "immediately sit at the negotiating table" following what it described as "some ideas from the American side."