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.

NORAD fighters intercept high-altitude balloon over US

WASHINGTON, US – A small balloon floating at a high altitude over the US state of Utah was intercepted by fighter...
  • The US Federal Aviation Administration (FAA) "also determined the balloon posed no hazard to flight safety," according to NORAD.
  • An unnamed US official told CBS News the balloon had a cube-shaped box about two feet long on each side hanging below it.

Pakistan greenlights construction of long-awaited Iran-Pakistan gas pipeline

Tehran, Iran -  Pakistan has decided to link the gas pipeline from the country's Gwadar port city to the Iranian...
  • According to Pakistani media, the country will expedite the project, which faced significant delays, in two phases
  • Iran had previously given Pakistan a 180-day deadline until September 2024 to start completion of the pipe-laying work

US downs three Houthi drones, strikes anti-ship missiles

Yemen's Iran-backed Houthis have been targeting shipping for months and their attacks have persisted despite repeated American and British strikes...
  • CENTCOM said US forces destroyed "seven Iranian-backed Houthi mobile anti-ship cruise missiles that were prepared to launch towards the Red Sea."
  • US Central Command said those strikes , carried out between 12:30 p.m. and 7:15 p.m. Sanaa time, were made in self-defense

US warns of environmental disaster from cargo ship hit by Houthi rebels

The attack on the Rubymar represents the most significant damage yet to be inflicted on a commercial ship since the...
  • Rubymar, British-registered and Lebanese-operated cargo ship was damaged in a Sunday missile strike claimed by the Houthis
  • US Central Command said the ship is anchored but slowly taking on water and has left an 18 mile oil slick

Netanyahu plan for post-war Gaza draws US criticism

The plan lays out that, even after the war, the Israeli army would have "indefinite freedom" to operate throughout Gaza...
  • The new plan came after an Israeli delegation arrived in Paris hoping to "unblock" truce discussions
  • Netanyahu's plan envisages civil affairs in a post-war Gaza being run by Palestinian officials without links to Hamas

WTO reforms essential to meet global challenges

“Japan and the UAE will deepen their cooperation beyond traditional areas such as energy and the economy to include a...
  • WTO’s 13th Ministerial Conference: Scheduled in Abu Dhabi, aims to address global challenges and reforms.
  • Japanese Minister Yoko Kamikawa stresses the need for WTO to transform and tackle global issues effectively.

New Delhi confirms few Indians involved with Russian army

New Delhi, India - India's foreign ministry confirmed on Friday that some of the country's citizens had signed up for...
  • A newspaper reported on Wednesday that around 18 Indians were stranded in various border towns along the frontlines of Russia's war in Ukraine.
  • Its report alleged that Indians had been conned by Dubai-based recruiters with promises of high wages and a Russian passport.

Israel plans to allow local Palestinians administer post-war Gaza

"The plan states that Israel will move forward with its already-in-motion project to establish a security buffer zone on the...
  • The proposal, which Netanyahu submitted to his security cabinet late Thursday, would also see the Israeli army persisting in its war on Hamas until it achieves key goals.
  • Even after the war, the Israeli army would have "indefinite freedom" to operate throughout Gaza, according to the plan.

Expelled from France, imam vows to challenge decision in court

Soliman, Tunisia - A Tunisian imam expelled from France for alleged hate speech said on Friday he would take legal action...
  • Mahjoub Mahjoubi, from the town of Bagnols-sur-Ceze in the south of France, denounced his removal as "arbitrary"
  • He was expelled on the charges of giving a sermon that had "retrograde, intolerant and violent" image of Islam

American spaceship lands on moon, images expected soon

The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...
  • The Houston-based company's stock price soared by 40 percent in early trading before paring back to 24 percent.
  • Intuitive Machines said Odysseus, which is the size of a large golf cart, is upright.

Maduro now in New York jail as Trump says US to ‘run’ Venezuela

The US president's announcement followed a lightning pre-dawn attack in which commandos grabbed Maduro and his wife while air strikes...

Company News

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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...

Electric ‘air taxis’ could debut in Japan from 2027

Tokyo, Japan -- Airline ANA said Thursday that, together with a US start-up, it hopes to have electric "air taxis"...

Tourists drawn to Oman’s giant sinkholes

The sinkholes are marketed as a tourist attraction in Dhofar, whose temperate climate draws many visitors from the Gulf during...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Only 1.5% of Gaza farmland usable, reveals latest satellite survey published by FAO

The survey, which dates from July 28, found that 8.6 percent of Gaza's farmland was accessible, but only 1.5 percent,...
  • In its previous survey, published at the end of May, the FAO had indicated that less than five percent of Gaza farmland was both accessible and undamaged
  • The Israeli offensive has killed at least 61,158 people in Gaza, mostly civilians, according to figures from the Gaza health ministry, which are considered reliable by the UN

Israel bars Jerusalem’s top Muslim cleric from Al-Aqsa: lawyer

Israeli authorities have banned Jerusalem's top Muslim cleric from entering the Al-Aqsa Mosque compound for six months over a recent...
  • Muhammad Ahmad Hussein, the grand mufti of Jerusalem, will be prevented from entering the holy site in the Israeli-annexed Old City until January 2026, according to lawyer Khaldoun
  • Hussein's lawyer said that the ban was due to a Friday sermon the mufti gave at Al-Aqsa -- Islam's third-holiest site -- in late July, "which contained nothing inappropriate."

Full occupation of Gaza looms as Israel orders army to execute any decision

The Israeli press, citing officials, has predicted an escalation of operations, including in densely populated areas where hostages are believed...
  • Media reports in Israel have said Netanyahu and his cabinet may order a full military occupation of Gaza, allegedly sparking dissension from armed forces chief Lt Gen Eyal Zamir.
  • On Tuesday, Netanyahu held a three-hour meeting with security chiefs including Zamir to discuss options for the continuation of the war, the premier's office said in a statement.