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.

99 journalists killed in 2023, 72 in Israel-Hamas war alone

"The immense loss suffered by Palestinian journalists in this war will have long-term impacts for journalism not just in the...
  • The 72 journalists killed in the Israel-Hamas conflict also include three Lebanese and two Israeli victims, the organization said
  • Killings of reporters would have dropped globally year-on-year had it not been for the deaths in Gaza, Israel and Lebanon, the CPJ said

Saudi Arabia’s Madinah, KAEC, Al-Ahsa join UNESCO global network of learning cities

RIYADH, SAUDI ARABIA - The United Nations Educational, Scientific and Cultural Organization has announced that the cities of Madinah, King...
  • Saudi Arabia now boasts five cities enlisted in the UNESCO GNLC, contributing to the goal of equipping globally competitive citizens.
  • Previously, Yanbu Industrial City was designated as a UNESCO Learning City in 2022 and Jubail Industrial City earned the Learning City status in 2020.

Six crew members missing after cargo ship sinks in Marmara sea

The transport ministry said an empty life boat was found during the search. "The rescue operation continues to find six...
  • The Batuhan A, which was bringing dry cargo from Balıkesir's Marmara Island to Bursa, sank off Imrali island, south of Istanbul
  • Bursa governor Mahmut Demirtas said authorities received an "emergency" signal from the vessel but then lost contact

India PM inaugurates grand temple in Abu Dhabi

According to the UAE authorities, the grand temple carved from pink stone spreads over an area of 55,000 square metres...
  • The temple is in Abu Mureikha, near the motorway to the neighbouring emirate of Dubai
  • Modi met UAE president Sheikh Mohamed bin Zayed Al Nahyan on Tuesday

Putin says prefers more ‘predictable’ Biden over Trump

Asked by a journalist who Russia would like to see win in the likely contest between the Democratic incumbent and...
  • Putin batted away questions about Biden's age and health, with the president set to turn 82 just weeks after the election
  • Trump reacted to Putin's comments at a rally in South Carolina on Wednesday evening, praising them as "a great compliment."

Two children among four Lebanese killed in Israeli strikes

"A woman was killed along with her child and her stepchild in a strike that targeted Sawwaneh," while a fourth...
  • The Israeli military said Wednesday its fighter jets "began a series of strikes in Lebanon", raising fears of a war between the two countries after months of cross-border violence.
  • The strikes came hours after unclaimed rocket fire from Lebanon wounded seven people in northern Israel, five of them in the town of Safed, medics said.

Erdogan’s Egypt visit aimed at rapprochement with al-Sisi

Turkey and Egypt cut ties in 2013 after Sisi, then Egypt's defense minister, ousted Islamist president Mohamed Morsi, an ally...
  • Erdogan will discuss with Egyptian president "every effort" to stop the "bloodshed" in Gaza
  • He has emerged as one of the Muslim world's harshest critics of Israel's war against Gaza

Saboteurs hit Iran pipelines disrupting gas supply: state media

The saboteurs hit pipelines in the cities of Borujen in the southwestern province of Chaharmahal and Bakhtiari, and Safashahr in...
  • State media reported that the sabotage had disrupted gas supplies in at least three provinces -- North Khorasan in the northeast, Lorestan in the west and Zanjan in the northwest
  • No group claimed responsibility for the attacks and Iran did not immediately apportion blame, although Iran has generally blamed Israel for similar acts of sabotage in the past

Hamas heads to Cairo truce talks as Rafah braces for Israeli assault

CIA Director William Burns had joined Tuesday's talks with David Barnea, head of Israel's Mossad intelligence service, which Egyptian media...
  • A Hamas source told AFP that a delegation was headed to the Egyptian capital to meet Egyptian and Qatari mediators, after Israeli negotiators held talks with the mediators Tuesday
  • Turkish President Recep Tayyip Erdogan, an outspoken critic of Israel's conduct of the Gaza war, was also due in Cairo Wednesday for talks with President Abdel Fattah al-Sisi.

Israeli delegation departs Cairo after truce talks: media

The UN and many governments across the world have expressed alarm about the possible civilian toll of an Israeli assault...
  • An official in Israeli PM's office said the Israeli delegation was on its way back from Cairo
  • An Egyptian official told media that the talks will continue for another three days

Israel’s Mossad tells Iranian protesters ‘we are with you’

Israel's Mossad spy agency issued a direct call urging Iranians to press on with protests, saying it was supporting them...

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US envoy meets Israeli hostage families in Tel Aviv

US envoy Steve Witkoff on Saturday met the anguished families of Israeli hostages still held in Gaza, as fears for...

Israel’s Druze organise aid for violence-hit Syria community

In the quiet Galilee village of Julis, Israeli Druze volunteers are busy collecting food donations and gathering information to support...

Iran rejects Western accusations of overseas plots as ‘baseless’

In a statement, Iranian foreign ministry spokesman Esmaeil Baqaei described the claims as "baseless", calling them "an attempt to divert...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Israeli writer Grossman denounces Gaza ‘genocide’

Rome, Italy -- Award-winning Israeli author David Grossman called his country's campaign in Gaza "genocide" and said he was using...
  • This came days after a major Israeli rights group also used the same term, amid growing global alarm over starvation in the besieged territory.
  • "This word is an avalanche: once you say it, it just gets bigger, like an avalanche. And it adds even more destruction and suffering," he said.

US promises Gaza food plan after envoy visit

The visit by Steve Witkoff came as a report from global advocacy group Human Rights Watch accused Israeli forces of...
  • The UN human rights office in the Palestinian territories said at least 1,373 people had been killed seeking aid in Gaza since May 27 -- 105 of them in the last two days of July.
  • "Most of these killings were committed by the Israeli military," the UN office said, breaking down the death toll into 859 killed near GHF food sites.

World economies reel from Trump’s tariffs

The tariffs are a demonstration of raw economic power that Trump sees putting US exporters in a stronger position while...
  • But the muscular approach has raised fears of inflation and other economic fallout in the world's biggest economy.
  • Stock markets in Hong Kong and London slumped as they digested the turmoil.