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.

Dutch court upholds $50bn payment award in Yukos case

THE HAGUE, NETHERLANDS -  A Dutch court quashed an appeal by Russia in a record $50-billion case on Tuesday, paving the...
  • The Amsterdam Appeals Court turned down a claim by Moscow that shareholders had "committed fraud" during the arbitration process.
  • In 2014 the international Permanent Court of Arbitration (PCA) in The Hague ruled in favor of shareholders,

WHO registers eighty percent rise in measles case

Geneva, Switzerland - The World Health Organization voiced alarm on Tuesday at the rapid spread of measles, with more than 306,000...
  • At least 95 percent of children need to be fully vaccinated against the disease in a locality to prevent outbreaks, but global vaccination rates have slipped to 83 percent.
  • WHO official Crowcroft pointed out that 92 percent of all children who die from measles live among less than a quarter of the global population, mainly in very low-income countries

WHO shifts 32 patients out of ‘indescribable’ Gaza hospital

Geneva, Switzerland - The World Health Organization said on Tuesday it had transferred 32 patients out of the besieged Nasser Hospital...
  • After being denied access to the hospital on Friday and Saturday, the WHO said it led two life-saving missions to transfer 32 critical patients, including two children.
  • WHO staff said the scenes around the hospital in the southern city of Khan Yunis were "indescribable", while calling the conditions inside ripe for the spread of disease.

UN pauses aid in Gaza after food convoy attacked and looted

The World Food Program (WFP) resumed deliveries on Sunday after a three-week halt but its convoy "faced complete chaos and...
  • UN's World Food Program said it was forced to pause the deliveries "until conditions are in place that allow for safe distributions".
  • It added that it was not a decision taken lightly because it "means the situation there will deteriorate further and more people risk dying of hunger".

Global operation smashes ‘most harmful cyber crime group’

LONDON, UK - An international operation led by UK and US law enforcement has severely disrupted "the world's most harmful cybercrime...
  • LockBit and its affiliates have targeted governments, major companies, schools and hospitals, causing billions of dollars of damage.
  • LockBit's website -- selling services that allow people to organize cyber attacks and hold data until a ransom is paid appears -- was taken over.

Israeli apartheid against Palestinians worse than in S.Africa: Pretoria

"We as South Africans sense, see, hear and feel to our core the inhumane discriminatory policies and practices of the...
  • The South African representative said, "It is clear that Israel's illegal occupation is also being administered in breach of the crime of apartheid."
  • He said South Africa had a "special obligation" to call out apartheid wherever it occurs and ensure it is "brought to an immediate end"

26 EU states demand ‘immediate’ halt in Gaza fighting: Borrell

The European Union has struggled for a united response on Israel's military operation following the October 7 attack by Hamas....
  • EU countries also reiterated their calls for Israel not to launch an assault on the Gaza city of Rafah, which has become the main shelter zone in the stricken territory.
  • Israel has warned that, unless Hamas frees all hostages, it will push on with its offensive during the Muslim holy month of Ramadan, including in Rafah

Sudan refugees face agonizing wait in overcrowded camps

Renk is just 10 kilometers (six miles) from Sudan, where fighting broke out in April last year between army chief...
  • Nearly 560,000 displaced people have taken refuge in South Sudan, according to the UN, which estimates that around 1,500 new arrivals turn up in the country every day
  • UN says 25 million people in Sudan need humanitarian assistance, while around 3.8 million children under the age of five are suffering from malnutrition

UN agencies warn of ‘explosion’ in Gaza child deaths

Twenty weeks into Israel's war against Hamas in the Gaza Strip, UN agencies warned that food and safe water had...
  • At least 90 percent of children under five in Gaza are affected by one or more infectious diseases, according to a joint assessment by the UN agencies
  • Seventy percent children had had diarrhea in the two weeks prior to the assessment, marking a 23-fold increase compared to the 2022 baseline

Brazil summons Israeli ambassador as Gaza row escalates

The Brazilian foreign ministry said it has also recalled its own ambassador from Tel Aviv for consultations, after Israel summoned...
  • Israeli Prime Minister Benjamin Netanyahu said Lula had "crossed a red line"
  • The leftist leader has also faced backlash at home over his statements

Yemen separatists announce two-year transition towards independence in south

Yemen's UAE-backed separatists on Friday announced the start of a two-year transitional period towards declaring an independent state after their...

Company News

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Meta says working to thwart WhatsApp scammers

San Francisco, United States -- Meta on Tuesday said it shut nearly seven million WhatsApp accounts linked to scammers in...

UN starts new bid to forge plastics treaty amid ‘global crisis’

Geneva, Switzerland -- Nations must resolve the global plastics crisis, the head of UN talks told negotiators from 180 countries...

‘Projectile’ fired at Israel from Yemen: Israeli military

Jerusalem, Undefined - A "projectile" fired towards Israel from Yemen was intercepted, but not before air-raid warnings sounded across the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Iran says US accountability for attacks on nuclear sites part of any future talks

Iran said Monday it would hold the United States accountable for attacks on its nuclear sites in any future negotiations,...
  • The United States struck key Iranian nuclear facilities on June 22, briefly joining a war launched by Israel that had derailed talks on Tehran's atomic programme.
  • In mid-June, Israel launched an unprecedented attack targeting Iranian nuclear and military sites, but also hitting residential areas over 12 days of war

Netanyahu to brief army on Gaza war plan ahead of UN meet on hostages

His statement came after hundreds of retired Israeli security chiefs wrote to US President Donald Trump to urge him to...
  • He told ministers that later in the week he would instruct the military on how "to achieve the three war objectives we have set".
  • Of the 251 hostages seized during Hamas's October 2023 attack on Israel, 49 are still held in the Palestinian territory, including 27 the Israeli military says are dead.

Netanyahu seeks Red Cross help after hostage videos, Hamas says no special food privileges for captives

In response, Hamas's armed wing said it would allow the agency access to the hostages but only if "humanitarian corridors"...
  • Hamas's armed wing said it would allow the agency access to the hostages but only if "humanitarian corridors" for food and aid were opened "across all areas of the Gaza Strip."
  • The Al-Qassam Brigades said it did "not intentionally starve" the hostages, but they would not receive any special food privileges "amid the crime of starvation and siege" in Gaza