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.

Israeli troops ‘massacre’ 104 Palestinians at aid distribution point

More than 750 others were injured after Israeli soldiers opened fire on civilians gathered at an aid distribution point in...
  • Earlier, the health ministry in Gaza said children have died "due to malnutrition, dehydration and widespread famine" at Al-Shifa hospital.
  • The United Nations humanitarian agency OCHA described the food security situation as "extremely critical across Gaza, particularly in northern Gaza."

US implores Israel to let worshipers pray at Al-Aqsa in Ramadan

United States has been pressing for a deal before Ramadan begins in which Israel would halt strikes in Gaza and...
  • Israel has been assessing how to address worship in Jerusalem during Ramadan
  • An Israeli minister said that Palestinians should not be allowed entry to Jerusalem to pray

Israeli fighter jets bomb south Lebanon, killing two

Lebanon's Hizbollah, a Hamas ally, has exchanged near-daily fire with the Israeli army since war erupted between Israel and the...
  • On Wednesday morning, Hamas's armed wing, the Ezzedine al-Qassam Brigades said in a statement it targeted two Israeli military sites with two barrages of "Grad rockets"
  • The attack from south Lebanon came in "response to Zionist massacres against civilians in the Gaza Strip and the assassination of martyred leaders and their brothers in Beirut

Gaza health ministry says war deaths exceed 30,000 as famine looms

The latest overall toll for Palestinians killed in the war came after at least 79 people died overnight across the...
  • While mediators say a truce deal between Israel and Hamas could be just days away, aid agencies have sounded the alarm of a looming famine in Gaza's north
  • Citing the deteriorating conditions in Gaza, USAID head Samantha Power said Israel needed to open more crossings so that vitally needed humanitarian assistance can be dispatched

Israel strikes Damascus amid soaring regional tensions

According to Syria's defense ministry, Israeli fighter jets carried out strikes "from the direction of the occupied Syrian Golan", targeting...
  • Explosions followed by the sirens of ambulances were heard in the capital
  • The Israeli strikes killed two Syrian pro-Hizbollah fighters as per a war monitor

India, US at loggerheads over WTO reform at Abu Dhabi talks

Abu Dhabi, United Arab Emirates -- A US-led push to reform the World Trade Organization's embattled dispute settlement system sparked divisions...
  • Washington's push for reform has angered India, which accused the US on Wednesday of bringing the WTO to a "standstill".
  • India threatened to hold off on any new deals before progress is made on the appellate body, which could imperil agreements on fisheries subsidies and agriculture.

Israel minister says Arab trade ties unfazed by Gaza war

In January, Israel's cabinet approved an additional 55 billion shekels ($15 billion) to meet the cost of the war, while...
  • When asked about Israel's economic losses due to the war, Barkat said it could add "anywhere between 150 to 200 billion shekels ($42-55 billion)" to the country's national debt
  • Barkat said Gaza war could help Israel boost sales of military technology, noting there is "high interest" from many countries, without specifying if Arab states were among them

US, Qatar hope for Israel-Palestine truce within days

Netanyahu has faced increasing public pressure over the fate of the remaining hostages. Itamar Ben Gvir, Israel's far-right national security...
  • A Hamas source, speaking on condition of anonymity, said the proposed 42-day truce could potentially be "renewed" and would see one Israeli hostage released every day
  • Instead of a complete withdrawal of Israeli forces from Gaza - a demand rejected by Netanyahu - the source said the military may leave "cities and populated areas"

US envoy blames Iran, Hizbollah for aiding Houthi attacks

The US special envoy for Yemen, Tim Lenderking, told a Senate subcommittee that Iran was "equipping and facilitating" the Huthi...
  • He believes the Yemeni people don't want the Iranians in their country
  • The US envoy acknowledged that the rebels have not been deterred

Tunisian president emphasizes need to bolster security in Arab societies

Tunis, Tunisia--Tunisian President Kais Saied on Monday stressed the need to reach an approach that contributes to enhancing the security...
  • The president spoke at the the 41st session of the Arab Interior Ministers Council launched in Tunis, calling for efforts to deal effectively with all security challenges
  • Saudi interior minister said the regularly scheduled council meetings "reflects the common awareness of the importance of coordination to confront all the challenges

Netanyahu says Israel won’t let Iran restore ballistic missile programme

Prime Minister Benjamin Netanyahu said Monday that Israel would not allow arch-foe Iran to restore its ballistic missile programme, just...

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Salah criticizes UEFA for ‘Palestinian Pele’ tribute: ‘Tell us how he died’

Obeid, 41, was killed on Wednesday when Israeli forces "targeted people waiting for humanitarian aid in the southern Gaza Strip", the...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Armenia and Azerbaijan commit to a lasting peace after decades of conflict at summit with Trump

The two former Soviet republics "are committing to stop all fighting forever, open up commerce, travel and diplomatic relations and...
  • Armenian Prime Minister Nikol Pashinyan and Azerbaijan's longtime President Ilham Aliyev said Trump's mediation should earn him a Nobel Peace Prize
  • The two former Soviet republics "are committing to stop all fighting forever, open up commerce, travel and diplomatic relations and respect each other's sovereignty."

Putin-Trump summit to meet on Friday on Ukraine: what we know so far

On his Truth Social site on Friday, Trump announced that his meeting with Putin would be held in the far-north...
  • Trump has spent his first months in office trying to broker peace but multiple rounds of peace talks, phone calls and diplomatic visits have failed to yield a breakthrough
  • On his Truth Social site on Friday, Trump announced that his meeting with Putin would be held in the far-north US state of Alaska on August 15, later confirmed by the Kremlin

Israel plans to ‘take control’ of Gaza City, sparking wave of criticism

European Council chief Antonio Costa warned "such a decision must have consequences" for EU-Israel ties, while Germany said it was...
  • China, Turkey, Britain and the UN's rights chief as well as numerous Arab governments issuing statements of concern.
  • Israeli opposition leader Yair Lapid denounced the cabinet's move as "a disaster" that could result in "the death of the hostages.