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.

Leftist Galloway wins MP seat in UK amid anti-Semitism allegations

London, UK- Controversial left-wing firebrand George Galloway was elected to the UK parliament on Friday after tapping into anger over the...
  • Galloway, 69, first became an MP in 1987 and will return to the House of Commons for the first time since 2015 after winning the seat of Rochdale.
  • Galloway put the Gaza conflict front and center of his campaign in Rochdale, north of England, which has a 30 percent Muslim population.

UN warns famine in Gaza almost inevitable unless war changes

The UN and other humanitarian actors have not yet declared a state of famine in Gaza, despite worsening conditions in...
  • "We have to look at what more and more voices, more and more loudly, are saying about the food security situation across the Gaza Strip, in particular in the north," said Laerke.
  • Laerke cited the near-total closure of commercial food imports, the "trickle of trucks" coming in with food aid, and the "massive access constraints" to moving around inside Gaza.

Global criticism of Israel after ‘massacre’ of Gazans lining for food

Global condemnation flowed after Israeli forces in war-ravaged Gaza opened fire as Palestinian civilians scrambled for food aid during a...
  • Iran denounced "the barbaric attack by the Zionist regime", China said it was "shocked", and head of the Arab League said the "brutal" act showed "total contempt for human life".
  • Saudi Arabia strongly condemned what it called the "targeting" of unarmed civilians, while Kuwait and the UAE also issued condemnations.

France calls for ‘independent probe’ into killing of Palestinians receiving aid in Gaza

Paris, France--France wants an independent inquiry into the deaths of scores of Palestinians during an aid delivery in the northern Gaza...
  • French foreign minister said there will have to be an independent probe to determine what happened
  • The foreign minister said that France would not apply "double standards" to the Mideast conflict

UAE and Russia look to deepen parliamentary cooperation

Abu Dhabi, UAE-- The UAE and Russia have held talks to enhance the parliamentary cooperation between the two countries. In...
  • The meeting between the two addressed the role of parliamentary diplomacy in supporting efforts to promote security and peace in the region
  • The officials also discussed the 10th BRICS Parliamentary Forum, to be held in the city of St. Petersburg, Russia, from 10th to 11th July, 2024

Former US ambassador to plead guilty to spying for Cuba

Rocha additionally faces a lawsuit filed Thursday in Florida by the widow of Cuban dissident Oswaldo Paya. She alleges Rocha...
  • Victor Manuel Rocha, 73, was held in December for what US officials called "one of the highest-reaching and longest-lasting infiltrations of the US government by a foreign agent
  • Rocha, a naturalized US citizen originally from Colombia, allegedly began aiding Havana as a covert agent of Cuba's General Directorate of Intelligence (DGI) in 1981

Split over Gaza and Ukraine, G20 meeting ends in discord

Brazil's Finance Minister Fernando Haddad told a news conference in Sao Paulo that it was "impossible" to reach a final...
  • The group is divided over Gaza, with the US and allies reluctant to condemn Israel
  • A French official insisted that Russia should be named as the aggressor in Ukraine

WTO ministers struggle to forge deals as talks go into overtime

ABU DHABI, UAE – World trade ministers were locked in disagreement Thursday on fisheries subsidies, agriculture and digital customs duties as...
  • The meeting opened with disagreements between the body's 164 member states on key issues that dominated the agenda of the talks.
  • They include fisheries subsidies, agriculture and a moratorium on customs duties for digital transactions.

Iran launches imaging satellite Pars 1 from Russia

Iran announced the launch of a remote sensing and imaging satellite into orbit from Russia, according to state media. The...
  • Iran’s Telecommunications minister said "Pars-I" was "fully domestically developed" in his country.
  • In August 2022, Russia launched Iran's remote-sensing Khayyam satellite into orbit from Kazakhstan.

Kurd authorities say Turkish strikes kill two PKK members

Arbil, Iraq - A Turkish drone strike in northwestern Iraq killed two members of a group affiliated to Turkey's outlawed Kurdistan...
  • The fighters were members of the Sinjar Resistance Units, a group founded among the district's Yazidi community in response to occupation by the IS group
  • There was no immediate word from the Turkish military, which has conducted deadly strikes against PKK targets in Iraq and neighboring Syria previously

Venezuela’s interim leader names commission to handle Maduro’s release

Venezuela's interim president Delcy Rodriguez on Sunday created a commission to seek the release of president Nicolas Maduro and his...

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Netanyahu announces plan to allow foreign reporters into Gaza

Israeli Prime Minister Benjamin Netanyahu announced on Sunday a plan to allow more foreign journalists to report inside Gaza with...

Netanyahu says new Gaza plan ‘best way to end the war’ as criticism intensifies

UN says 'if these plans are implemented, they will likely trigger another calamity in Gaza, reverberating across the region and...

Jordan says to host Syria-US meeting on reconstruction

The meeting, which will be attended by Syrian Foreign Minister Asaad al-Shaibani and US special envoy for Syria Thomas Barrack,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Thousands protest in Tel Aviv against Israeli govt move to expand Gaza war

Demonstrators waved signs and held up pictures of hostages still being held in the Palestinian territory as they called on...
  • A group representing the families of hostages said as many as 100,000 people participated.
  • Out of 251 hostages captured during Hamas's 2023 attack, 49 are still being held in Gaza, including 27 the military says are dead.

Russia cautious on Armenia-Azerbaijan deal, Iran reject border corridor

Russia cautiously welcomed a US-brokered draft deal between Armenia and Azerbaijan on Saturday, but Moscow's regional ally Iran rejected the...
  • The two former Soviet republics signed a peace deal in Washington on Friday to end a decades-long conflict, though the fine print and binding nature of the deal remained unclear
  • The US-brokered agreement includes establishing a transit corridor through Armenia to connect Azerbaijan to its exclave of Nakhchivan, a longstanding demand of Baku

Iran opposes Lebanese govt’s decision to disarm Hezbollah: Khamenei adviser

Iran opposes the Lebanese government's decision to disarm the Tehran-backed militant group Hezbollah, a senior adviser to supreme leader Ayatollah...
  • "The Islamic Republic of Iran is certainly opposed to the disarmament of Hezbollah," international affairs adviser Ali Akbar Velayati said
  • The Lebanese cabinet on Tuesday authorised the army to draw up a plan to establish the state's exclusive control over weapons