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.

The tiring task of repairing Gaza’s tattered banknotes

Nuseirat, Palestinian Territories - With a pot of glue, a blade and a keen eye, Manal al-Saadani repairs tattered banknotes...
  • As Gaza remained blockaded for much of the Israel-Hamas war since October 2023, basic supplies were depleted, including banknotes, with no new ones supplied to its banks
  • The Bank of Israel's first Series C notes featured the portraits of prominent Hebrew poets, with the 20 note in red, the 50 in green, the 100 in orange and the 200 in blue

Hezbollah says has ‘right’ to respond to Israel’s killing of military commander

Hezbollah's leader on Friday said the group had the right to respond to Israel's assassination of its top military chief...
  • In a televised speech, Naim Qassem called the killing of Haytham Ali Tabtabai "a blatant aggression and a heinous crime", adding that his group had "the right to respond."
  • Qassem insisted that the Iran-backed group has respected the November 2024 ceasefire that sought to end over a year of hostilities with Israel

Negotiations under way on Hamas fighters trapped in Gaza tunnels: sources close to talks

An Israeli government spokesperson told AFP earlier this month that Prime Minister Benjamin Netanyahu "is not allowing safe passage for...
  • Israeli media has reported that for weeks that between 100 and 200 Hamas militants have remained trapped in a network of tunnels under the city of Rafah
  • A prominent Hamas member in Gaza told AFP that the group estimated their number to be between 60 and 80, and said they were "under siege" but would not surrender

Trump says Afghan man shot two soldiers near White House

President Donald Trump said Wednesday that an Afghan man who fled the Taliban was the suspect in the shooting of...
  • The announcement in a brief video message signaled the intertwining of three politically explosive issues -– Trump's use of the military at home, and the legacy of Afghan war
  • The incident, which left two Guard members critically wounded, was "an act of evil, an act of hatred and an act of terror," Trump said. "It was a crime against our entire nation."

Israel launches major West Bank operation, raiding Tubas towns amid escalating violence

The Israeli military said the operation began with air strikes to isolate the area, which were followed by "searches" on...
  • The operation, which began overnight, was taking place in predominantly agricultural Tubas, the northeasternmost of the 11 governorates in the West Bank
  • Ahmed al-Asaad, governor of the Tubas region, told AFP: "This is the first time that the entire governorate is included -- the whole governorate is now under Israeli army operation

Trump sends Witkoff to Moscow in hopes of finalizing Ukraine deal

An initial US plan which was heavily weighted in Russia's favor has been replaced by one taking in more of...
  • Trump posted on his Truth Social platform that there were "only a few remaining points of disagreement" -- but European leaders were skeptical
  • He also expressed hope to meet "soon" with Putin and Ukrainian President Volodymyr Zelensky, "but ONLY when the deal to end this War is FINAL or, in its final stages."

China’s Xi pushes Taiwan issue in call with Trump

Chinese leader Xi Jinping pressed the ever-sensitive issue of Taiwan in a phone call Monday with US President Donald Trump,...
  • China claims Taiwan as part of its territory, and Xi told Trump that its return was an "integral part of the post-war international order."
  • Taiwan Premier Cho Jung-tai hit back at Xi's comments, telling reporters on Tuesday that Taiwan "is a fully sovereign state."

Hezbollah mourns top commander killed in Israel strike, Iran Guards urge revenge

Haytham Ali Tabatabai is the most senior commander from the Iran-backed group to be killed by Israel since a November...
  • Haytham Ali Tabatabai is the most senior commander from the Iran-backed group to be killed by Israel since a November 2024 ceasefire sought to end over a year of hostilities
  • Sunday's raid came with Israel escalating its attacks on Lebanon and Washington increasing pressure on the government to disarm the group and cut off its sources of funding

Tabatabai: Hezbollah military chief who led the group in Yemen, Syria

Beirut, Lebanon - Haytham Ali Tabatabai, Hezbollah's top military chief whom Israel killed on Sunday, had taken the role after...
  • He is the most important Hezbollah figure to have been killed since a November 2024 ceasefire sought to end over a year of hostilities between the militant group and Israel
  • The strike hit an apartment building in Beirut's densely populated southern suburbs, where the group holds sway, killing five people, according to Lebanon's health ministry

Trump peace plan: Washington, Kyiv say a peace deal must ‘fully uphold’ Ukraine sovereignty

US President Donald Trump had given Ukraine until November 27 to approve his plan to end the nearly four-year conflict,...
  • US President Donald Trump had given Ukraine until November 27 to approve his plan to end the nearly four-year conflict, which began after Russia launched a full-scale invasion
  • Kyiv was seeking changes to the draft that accepted a range of Russia's hardline demands, with the 28-point plan requiring the invaded country to cede territory, and cut its army

Qiddiya City launches ‘Powered by Play’ after global play research

Dubai, UAE --  Qiddiya City launched "Powered by Play," a long-term initiative aimed at promoting play as a driver of...

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GCC youth population tops 23.5m as workforce presence expands

Dubai, UAE -- More than 23.5 million people aged between 15 and 34 lived across the Gulf Cooperation Council countries...

US and Iran agree to ‘immediate’ end to military operations, will sign MoU in Switzerland

The content of the agreement, which follows weeks of fraught negotiations and periodic threats from Trump of fresh hostilities unless...

Trump predicts Iran accord to be signed soon, Hormuz to open

Mediators voiced growing optimism that weeks of negotiations were nearing completion, while competing narratives from Washington and Tehran underscored lingering...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Middle East conflict slows global growth outlook, World Bank says

Most economies saw forecasts downgraded as rising energy costs, inflation and borrowing expenses create fresh challenges for growth and development...
  • World Bank is making up to $60 billion available immediately through existing instruments to support affected countries.
  • More than 30 countries are working with the institution to strengthen preparedness and enable rapid crisis responses.

Trump halts Iran attack plans as talks gain momentum, keeps naval blockade intact

Speaking at an Oval Office event, Trump said Washington had achieved a "great settlement" and expressed confidence that an agreement...
  • Iran says negotiations have advanced but warns inconsistencies in US positions continue to complicate the process.
  • Iran has insisted that any broader settlement should also address fighting between Israel and Hezbollah in Lebanon, a condition that appears unlikely to be accepted by Israel.

UAE, EU push stronger humanitarian supply chains

Dubai, UAE -- The UAE, the European Union and humanitarian organizations met in Brussels on Thursday to discuss strengthening global...
  • More than 80 representatives from governments, UN agencies, NGOs and logistics specialists examined practical measures to improve humanitarian preparedness and coordination.
  • Discussions highlighted the growing UAE-EU partnership, including shared humanitarian hubs, emergency stockpiles and efforts to build a global safety net for crisis response.