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.

US census to include Middle Eastern or North African category

The next US census and federal government forms will include new options for race and ethnicity including a category for...
  • "These updated standards will help create more useful, accurate and up-to-date federal data on race and ethnicity," US Chief Statistician Karin Orvis said.
  • These revisions will enhance the ability to compare data across federal agencies, and to understand how federal programs serve a diverse America.

US Federal Reserve’s preferred inflation gauge ticks up as fuel costs rise

WASHINGTON, US – The US central bank's favored measure of inflation edged higher last month on the back of rising fuel...
  • The personal consumption expenditures price index rose at an annual rate of 2.5 percent in February.
  • Much of the February increase in the cost of goods came from energy prices, which rose 2.3 percent from January.

Israeli strikes kill dozens in Syria and Lebanon, rile Russia and Iran

In Syria, "Israeli strikes" targeted a Hizbollah "rockets depot" in Aleppo province, killing 36 Syrian soldiers, seven Hezbollah members and...
  • Moscow said they were "categorically unacceptable" while Iran said they were a "violation of Syria's sovereignty" and "a serious threat to peace and security".
  • In Lebanon, Hizbollah has exchanged near-daily fire with the Israeli army across the country's southern border since October, saying it is in support of Gazans and Hamas.

Restoration project for Jeddah district’s old buildings completed

JEDDAH, SAUDI ARABIA – The Ministry of Culture, represented by the Jeddah Historic District Program, has announced the completion of...
  • The project comes within the context of the Crown Prince's keenness to preserve and rehabilitate historical sites.
  • The project aimed to highlight the heritage landmarks that Jeddah District is abundant in as a site containing over 600 heritage buildings.

Turkey’s Erdogan seeks to wrest back Istanbul in mayoral election

Istanbul, Turkey--Recapturing Istanbul, the "jewel" of Turkey, in Sunday's local elections has become President Recep Tayyip Erdogan's obsession ever since losing...
  • In 1994, Erdogan was elected mayor of the city, setting him up to become president of the country, a seat he continues to occupy
  • He named former minister Murat Kurum as his mayoral candidate, entrusting him to reconquer Istanbul and consolidate his power

ICJ orders Israel to ensure humanitarian aid in Gaza

The International Court of Justice said in its order that Israel should "take all necessary and effective measures to ensure,...
  • The court said that Palestinians in Gaza are no longer facing only a risk of famine, but... famine is setting in
  • At the ICJ, South Africa has charged that Israel is perpetrating a genocide in Gaza

Russia says ‘evidence’ links Ukraine to Moscow attack

MOSCOW, RUSSIA - Russia said on Thursday it had evidence the perpetrators of last week's massacre at a concert hall outside...
  • Russian officials alleged the suspects had received "significant amounts of money and cryptocurrency from Ukraine".
  • The officials said that said another man "involved in financing the terrorists" had been identified and detained.

French parliament condemns 1961 Paris killings of Algerians

Paris, France - The French parliament's lower house on Thursday approved a resolution condemning as "bloody and murderous repression" the killing...
  • Dozens of peaceful demonstrators died during a crackdown by Paris police on a protest by Algerians in 1961
  • The bill, put forward by Greens lawmaker Sabrina Sebaihi and ruling Renaissance party MP Julie Delpech, was approved by 67 lawmakers

UN ‘disturbed’ as Israeli strikes on health care kills 10 in Lebanon

"The tragic events of the past 36 hours have resulted in a significant loss of life and injuries in south...
  • "Deeply disturbed by the repeated attacks on health facilities and health workers who risk their lives to provide urgent assistance to their local communities," said Imran Riza.
  • Hizbollah said four of its fighters and two rescuers were killed in Wednesday's strikes, while its ally the Amal movement said it had lost two members, including a rescuer.

US shoots down four Houthi drones in Red Sea

In November, the Houthis launched a campaign of drone and missile strikes against vessels in the Red Sea, an area...
  • US Central Command that its forces had "engaged and destroyed four long-range unmanned aerial systems" at around 2 am Sanaa time adding there were no injuries
  • Actions against Houthis are taken to protect freedom of navigation and make international waters safer and more secure for US Navy and merchant vessels," CENTCOM added

Next round of Russia, Ukraine talks to begin in Abu Dhabi on February 1: US official

A next round of trilateral talks between Ukraine, Russia and the US to halt the war will continue in Abu Dhabi...

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US to deny visas to Palestinian officials at UN summit as France pushes statehood recognition

The extraordinary step further aligns President Donald Trump's administration with Israel's government, which adamantly rejects a Palestinian state and has...

Turkey bars Israeli ships and flights from its territory

Ties between Turkey and Israel have been shattered by Israel's war against Hamas in Gaza, with Ankara accusing Israel of...

Israel army says Gaza City now ‘a dangerous combat zone’

The Israeli military, however, is gearing up to expand the fighting and seize Gaza City, with its Arabic-language spokesman saying:...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israeli forces raid site near Syria capital after bombing it several times: state media

Israeli forces conducted an overnight airborne raid on a site near the Syrian capital after bombing it several times, Syrian...
  • Israel has not confirmed the raid, but Defence Minister Israel Katz said its forces operate "in all combat zones" to ensure the country's security
  • If verified, it would be the deepest such operation Israel has carried out inside Syria since an Islamist alliance seized power in Damascus in December

UN chief condemns ‘endless’ Gaza horrors as Israel presses offensive

Israel, whose military is preparing to conquer Gaza City, is under mounting pressure at home and abroad to end its...
  • The vast majority of Gaza's population of more than two million people has been displaced at least once during the war.
  • Massive clouds of smoke rose into the sky above Gaza City after Israeli bombardments of the outskirts of the territory's largest city.

Iran says return of IAEA inspectors not full resumption of cooperation

Iran said Wednesday that the return of UN nuclear inspectors did not represent a full resumption of cooperation, which was...
  • Inspectors from the International Atomic Energy Agency began work at the key nuclear site of Bushehr in southwestern Iran, the nuclear watchdog's chief Rafael Grossi said
  • "No final text has yet been approved on the new cooperation framework with the IAEA and views are being exchanged," Foreign Minister Abbas Araghchi said, quoted by state television