INSEAD Day 4 - 728x90

Geostrategy

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.

Salik profit slips in H1

The company said traffic recovery supported resilience.

US launches ninth wave of strikes on Iran after death of another soldier

Iran's Revolutionary Guards said they had struck several U.S. military targets in Kuwait, including what they described as an early-warning...
  • Iran's Revolutionary Guards warned Hormuz would remain unsafe for oil and petrochemical shipments as long as what they called U.S. aggression continued.
  • Britain's United Kingdom Maritime Trade Operations (UKMTO) separately reported that a ship was on fire near Oman's coastline in the Strait of Hormuz.

UAE says retraction of Dubai ‘explosions’ report will not halt probe

Dubai, UAE -- The government has said that Reuters' decision to withdraw and apologise for a report claiming explosions were...
  • Attorney-General Hamad Saif Al Shamsi said the Public Prosecution had expanded its investigation into the publication and circulation of the report.
  • Reuters said on Friday it had withdrawn the July 16 report because it did not meet the news agency's editorial standards.

US strikes Iran again as Supreme Leader says breaches show Trump signature ‘invalid’

US Central Command (CENTCOM) said the latest attacks targeted Islamic Revolutionary Guard Corps (IRGC) forces it blamed for the Jordan...
  • Iran's army said it launched "large-scale" drone attacks against Camp Udairi and Ali Al Salem Air Base in Kuwait in response to continued US strikes on Iranian territory.
  • Washington said the latest deaths brought the number of US military fatalities linked to the conflict to 16.

Iran says it has suspended commitments to MoU as it is ‘busy defending the country’

US struck Iran for the seventh consecutive night, prompting Tehran to launch attacks on the neighboring Gulf nations. GCC has...
  • US strikes killed three people in Hormozgan and injures eight others, according to Iranian media.
  • Jordan's army said it intercepted 10 Iranian missiles, reporting no casualties or damage.

US strikes hit Iran for the six consecutive time as energy concerns rise

For the first time in the latest escalation, US strikes also reached areas around the Iranian capital. Iran responded by...
  • IEA Executive Director Fatih Birol warned that the world should be concerned about energy security unless the United States and Iran quickly restore oil flows through Hormuz.
  • Oil prices edged higher on Friday as traders assessed mounting risks to crude supplies from the Gulf.

US, Iran exchange fresh strikes as Trump says Tehran wants to ‘settle’

US Central Command (Centcom) said the latest operation struck Iranian command centers, air defense sites, missile and drone capabilities, as...
  • Iranian health official Hossein Kermanpour said at least 35 people had been killed and about 300 wounded in US attacks since the latest round of hostilities began this month.
  • The provinces of Hormozgan, Sistan and Baluchestan, and Khuzestan sustained the heaviest damage, he said.

Global support for refugees remains strong, but skepticism over asylum claims persists: Ipsos

Thirty-four percent of respondents in the Ipsos survey said genuine refugees should seek asylum in the first safe country they...
  • Ipsos survey finds support for refugee protection remains widespread, while concerns over asylum claims and border management continue across countries.
  • Respondents favour humanitarian aid and diplomacy for displaced people from Iran and Lebanon over permanent resettlement or military intervention.

US launches fresh strikes on Iran, reimposes Hormuz blockade

Iran strikes US military assets in the Gulf and warned the Strait of Hormuz would remain closed until US military...
  • Bahrain activated air raid sirens and urged residents to seek shelter, while Kuwait's military said its air defences were intercepting Iranian drones.
  • Oil prices climbed for a second consecutive session as traders weighed the growing threat to energy supplies.

US strikes hit Iran for third night as Tehran expands retaliation across Gulf

US Central Command (CENTCOM) said its forces completed a five-hour mission that struck military targets in Bushehr, Chah Bahar, Jask,...
  • Hours earlier, Trump had told conservative radio host Hugh Hewitt that US forces would continue to strike Iran.
  • The IRGC said it carried out missile and drone strikes on Bahrain, targeting what it described as weapons support warehouse.

Dubai utility DEWA says solar park to exceed 8 GW capacity by 2030

Dubai, UAE -- Dubai's state utility DEWA said its flagship Mohammed bin Rashid Al Maktoum Solar Park will exceed 8,000...
  • Mohammed bin Rashid Al Maktoum Solar Park will exceed 8,000 megawatts (MW) of generation capacity by 2030.
  • The utility said it ranks first globally in 13 operational performance indicators, including electricity transmission and distribution losses of 2 percent.

Houthis resume Red Sea attacks as Trump says US relying on economic pressure

Trump said Iran is in “very bad shape” financially, citing high inflation and difficulty paying its own troops. He credited...

Latest News

Trump says US and Iran engaged in ‘friendly’ talks after strikes pause

Iran responded by warning the United States against targeting its commercial shipping and oil tankers, saying any such move would...

New Israeli settler outposts set up after wave of anti-Palestinian violence, arrests

The coordinated assaults stretched across eight governorates, leaving mosques, homes and businesses damaged as Palestinian officials warned of escalating settler...

UAE’s Wadi Wurayah inscribed on UNESCO World Heritage List

The reserve is the country's third World Heritage Site and the first recognized specifically for its outstanding natural value.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Houthis claim Saudi missile attack as Trump says ‘talking to Iran’

The Houthis said on Telegram that a "Yemeni missile strike" had sparked fires in Jizan. Saudi authorities did not immediately...
  • Saudi civil defence issued alerts for Jizan and Yanbu after the reported strike, while Riyadh gave no immediate response.
  • A Yemeni security source told AFP that a naval base in Hodeidah and a military camp on Kamaran Island were among the targets hit by Saudi forces.

Netanyahu orders new West Bank settlements

Dubai, UAE -- Israeli Prime Minister Benjamin Netanyahu said on Friday his government would establish new settler outposts in the...
  • Israeli settlements in the occupied West Bank are considered illegal under international law.
  • More than 500,000 Israeli settlers live in West Bank settlements alongside about three million Palestinians.

US strikes Iran again as Trump says he is considering restarting major operations

Trump also said the United States would begin using frozen Iranian funds under US control to pay for damage to...
  • International Maritime Organization Secretary-General Arsenio Dominguez condemned the latest reported attacks on international shipping in the Red Sea.
  • The U.S. Senate voted 49-47 against advancing a Democratic-led resolution seeking to halt the Iran war unless Congress authorised continued military action.