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.

China regulator to ban Evergrande chair from securities market for life

BEIJING, CHINA – Chinese regulators will ban the chairman of property giant Evergrande from the securities market for life on grounds...
  • Unable to repay interest on its loans, China’s real estate firm Evergrande formally defaulted in 2021, sending shockwaves through the industry.
  • The company has struggled to repay creditors for years, defaulting in 2021 and becoming subject to a winding-up order by a Hong Kong court earlier this year.

Dubai approves rise in energy, water efficiency programs

DUBAI, UAE – Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 81st...
  • The Council reviewed updates of the demand side management strategy for 2030 and 2050.
  • This is part of the efforts to make Dubai a leading example in efficient energy and water demand management.

Shipping service connecting India, South East Asia with Saudi Arabia comes up

RIYADH, SAUDI ARABIA – VASI Shipping Pte Ltd has introduced a new shipping service IMS at King Abdulaziz Port in...
  • This service aims to enhance its strategic partnerships with major international shipping lines, support the maritime sector.
  • This initiative represents a significant step in bolstering the role of King Abdulaziz Port in Dammam in enhancing the maritime transport sector.

Palestinians ‘need the bombs to stop,’ Irish PM says at White House

Varadkar has been one of Europe's most critical leaders over Israel's campaign in Gaza, which began when Hamas launched an...
  • According to Irish PM Leo Varadkar, "the Irish people are deeply troubled about the catastrophe that's unfolding before our eyes in Gaza."
  • US has demanded a "clear and implementable plan" to protect civilians there, while Varadkar on Sunday called on Israel to abandon the planned incursion

Israel spy chief to discuss Gaza truce with Qatar PM: source

The talks in the Qatari capital are the first after weeks of intense negotiations involving Qatari, US and Egyptian mediators...
  • The meeting between Mossad chief David Barnea, Qatar PM Mohammed bin Abdulrahman Al-Thani and Egyptian envoys "is expected to take place today"
  • Palestinian fighters seized about 250 Israeli and foreign hostages during the October 7 attack, but dozens were released during a week-long truce in November

Oxfam blames Israel for ‘deliberately’ blocking aid to Gaza

Oxfam said in a report that Israel continued to "systematically and deliberately block and undermine any meaningful international humanitarian response"...
  • Oxfam said inspection rules were causing aid trucks to be stuck in queues for 20 days on average
  • The group noted that Israeli authorities arbitrarily reject "dual-use" items

Israeli army says operation under way in Gaza’s Al-Shifa hospital

Al-Shifa is the Gaza Strip's largest hospital. The Israeli army had in November last year carried out an operation in...
  • Soldiers "are currently conducting a precise operation in the area of the Shifa hospital," a statement from the military said
  • Israel has repeatedly accused Hamas of running military operations from hospitals and other medical centers, claims the fighter group denies

Climate change undermines global security, says NATO chief

Baku, Azerbaijan--NATO Secretary General Jens Stoltenberg on Sunday stressed the need to fight global warming, and called climate change a "crisis...
  • Stoltenberg said in Baku the challenge was that "the world needs energy, but at the same time we need to fight global warming"
  • He also hailed Azerbaijan for investing in alternative energies, stressing the country's "great potential" as a supplier of hydropower

Putin hails election victory, says would not be ‘intimidated’

If he completes another full Kremlin term, Putin will have stayed in power longer than any Russian leader since Catherine...
  • All of the 71-year-old's major opponents are dead, in prison or exiled
  • He has overseen an unrelenting crackdown on anybody who publicly opposes his rule

Israeli PM says civilians can leave crowded Rafah before invasion

Israel has repeatedly threatened a ground offensive against Hamas in Rafah, where people shelter in tents crammed up against the...
  • Netanyahu had on Friday said he approved the military's plan for an operation in Rafah as well as "the evacuation of the population."
  • The US - which provides Israel military assistance - has said it wants a "clear and implementable plan" to ensure civilians are "out of harm's way."

Iran vows fast trials over protests after Trump threatened “very strong action”

Iran on Wednesday vowed fast-track trials for people arrested over a massive wave of protests, after US President Donald Trump...

Company News

Latest News

US senators push for improved press access in Gaza

Washington, United States - A group of 17 US Senators sent a letter to Secretary of State Marco Rubio on Wednesday...

Trump raises pressure on central bank, calls for Fed governor to resign

Washington, United States -- President Donald Trump ramped up pressure on the US central bank Wednesday, calling for Federal Reserve...

Antarctic climate shifts threaten ‘catastrophic’ impacts globally

Paris, France -- Abrupt and potentially irreversible changes in Antarctica driven by climate change could lift global oceans by meters...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Syrian, Israeli diplomats met in Paris to discuss ‘de-escalation’: report

Syria's foreign minister met with an Israeli diplomatic delegation in Paris on Tuesday to discuss "de-escalation and non-interference in Syria’s...
  • Washington has been at work in recent weeks to try to resolve security issues in Syria and Lebanon, which its ally Israel says have prompted it to take military action
  • Despite a truce reached last November, Israel has continued to hit targets of the Iranian-backed Hezbollah group in Lebanon, and it has occupied territory and hit targets in Syriay

Indian PM Modi to visit China, security chief says

Indian Prime Minister Narendra Modi will visit China later in August, his security chief said on Tuesday during talks with...
  • Modi will attend the Shanghai Cooperation Organization (SCO) summit opening on August 31 in Tianjin, his first visit to China since 2018, Ajit Doval said in public comments
  • "History and reality prove once again that a healthy and stable China-India relationship serves the fundamental and long-term interests of both of our countries," Wang added

Netanyahu slams Macron for fuelling ‘antisemitic fire’ by move to recognise Palestinian state

Israeli Prime Minister Benjamin Netanyahu upbraided President Emmanuel Macron in a letter seen by AFP on Tuesday, blaming the French...
  • Late last month, Macron said France would formally recognise a Palestinian state during a UN meeting in September, drawing a swift rebuke from Israel
  • By announcing the move, France was set to join a growing list of nations to have recognised statehood for the Palestinians since the start of the Gaza war nearly two years ago