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.

Hizbollah fires rockets after deadly Israeli strikes on east Lebanon

Hizbollah announced several other attacks on Israeli sites and troops on Monday, with local media also reporting Israeli strikes on...
  • The Israeli army told AFP that "dozens of rockets" had been launched from Lebanon but there were no immediate reports of casualties
  • Earlier Israel targeted Hizbollah "aerial defence" sites in retaliation for the group's downing one of its drones in south Lebanon

Two Hizbollah members killed by Israeli strike in Lebanon

Baalbek, Lebanon - Israeli strikes near the Hizbollah-dominated city of Baalbek killed two group members on Monday, two security sources told...
  • "Two Hizbollah members were killed in the Israeli strikes near Baalbek," a security official told AFP, with another security source also confirming the toll
  • Earlier Monday, one of the sources had told AFP that "an Israeli strike hit a building housing a Hizbollah civilian institution" in a Baalbek suburb

Palestinian PM resigns over ‘Gaza aggression, West Bank escalation’

The resignation of the government in the West Bank comes as several countries, including the United States, have called for...
  • He called for inter-Palestinian consensus and the "extension of the (Palestinian) Authority's rule over the entire land of Palestine".
  • "We will remain in confrontation with the occupation ... and will continue to struggle to establish a state on the lands of Palestine," he said.

Yemen rebels announce first civilian death in US-UK strikes

The Houthis, who control war-torn Yemen's most populated areas, have previously reported the death of 17 of their fighters in...
  • One person was killed and eight wounded, the Houthis' official news agency said late on Sunday, a day after US and British forces said they fired on 18 targets across the country
  • US-British strikes were in response to dozens of Houthi drone and missile attacks on Red Sea shipping since November, which the rebels say are in solidarity with Palestinians

Attack on Rafah would be ‘nail in coffin’ of Gaza aid: UN chief

Speaking before the UN Human Rights Council in Geneva, Antonio Guterres said that Gaza's southernmost city, where more than 1.4...
  • UN chief lamented that despite his urgent calls for the UN Security Council to take all measures to "end the bloodshed in Gaza and prevent escalation", it had failed to act
  • The comments of UN chief came after Netanyahu on Sunday reiterated that his country was intent on a ground invasion in Rafah, in its bid for "total victory" over Hamas

Qatar ruler to arrive in Paris for discussions on Gaza

The gas-rich country has emerged as the key player in mediation between Israel and Hamas to agree a truce in...
  • It will be his first state visit to France since he became emir of the hugely influential emirate in 2013
  • The discussions between the two leaders will focus on "ongoing efforts to obtain a ceasefire in Gaza"

US airman dead after self-immolating outside Israeli embassy

The shocking act was an escalation of recent protests across the United States against Israel's actions in Gaza. Washington last...
  • US media reported that the man livestreamed himself on Twitch, wearing fatigues and declaring he will "not be complicit in genocide" before dousing himself in liquid
  • The man lit himself on fire while yelling "Free Palestine!" until he fell on the ground, he was transported to hospital with "critical life threatening injuries", officials said

Gaza deal won’t affect Israel’s Hizbollah fight: Gallant

Negotiations have been underway to strike a possible deal for Hamas to release hostages and pause the fighting in the...
  • Gallant said he would assess how Israel was combating increased Hizbollah activity
  • 10 Israeli soldiers and six civilians have been killed in the north since October 7

WTO launches US$50m fund for women entrepreneurs in developing countries

ABU DHABI, UAE - The director general of the World Trade Organization, Ngozi Okonjo-Iweala, on Sunday launched a $50 million fund...
  • The director general of WTO said the "ground-breaking initiative... embodies our collective commitment to empower women".
  • The fund will help businesses run by women in developing countries to adopt digital technologies and increase their online presence.

Body of Israeli soldier killed in Hamas attack held in Gaza, say campaigners

JERUSALEM - An Israeli soldier seized by Hamas fighters during their October 7 attack was killed the same day and...
  • During the October 7 attack, Palestinian fighters abducted around 250 Israelis and foreigners to the Gaza Strip.
  • Around 130 are still held captive there. This includes 31 who are believed dead, among them six soldiers.

The US and Venezuela’s vast oil reserves: key questions amid sanctions, geopolitics and energy

After a US military operation that seized Nicolas Maduro, President Donald Trump said he wants to allow American oil companies...

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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...

Netanyahu’s Gaza plan: Hamas accuses Israel PM of sacrificing hostages for personal interest

"Netanyahu's plans to escalate the aggression confirm beyond any doubt his desire to get rid of the captives and sacrifice...

Trump to host Armenia, Azerbaijan for historic ‘Peace Signing’ Friday

US President Donald Trump announced he will host the leaders of Armenia and Azerbaijan on Friday for what he called...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Turkey, Senegal discuss defence industry, security cooperation

Turkey's President Recep Tayyip Erdogan said he discussed defence and security cooperation with Senegal's visiting prime minister Ousmane Sonko on...
  • "Today we discussed joint steps that we can take in the areas of security, the defence industry and the fight against terrorism," Erdogan told a televised press conference
  • "We are pleased with the growing interest of our African brothers in Turkish defence products. We look forward to further strengthening our solidarity," he said.

Israel seeks full control of Gaza, won’t keep or govern it: Netanyahu

"We want to hand it over to Arab forces that will govern it properly without threatening us and giving Gazans...
  • Fox News said the interview occurred just before Netanyahu was to attend a security cabinet meeting on Gaza war plans.
  • Netanyahu is expected to seek approval at the meeting for an expansion of military operations, including in densely populated areas where hostages are believed to be held.

Trump announces 100% chip tariff, pressuring Asian producers

The US president unveiled the levy at the White House on Wednesday ahead of the imposition of sweeping tariffs on...
  • shares in Taiwan's TSMC -- world's largest contract maker of chips -- soared nearly 5% after the government said the company will not be affected.
  • Trump has previously accused Taiwan of having stolen the US chip industry, and earlier this year, TSMC unveiled a plan to invest an extra $100 billion in the United States.