INSEAD Day 4 - 728x90

Geostrategy

Borouge okays $656m dividend

The company said dividend reflects its resilience

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

Musk says Starlink internet to support Gaza’s ‘recognized’ aid groups

Paris, France - Billionaire Elon Musk said on Saturday that his Starlink satellite service would support internet access for "internationally recognized...
  • "Starlink will support connectivity to internationally recognized aid organizations in Gaza, "Elon Musk wrote on X, formerly Twitter, which he also owns.
  • Starlink is a network of satellites in low Earth orbit that can provide internet to remote locations, or areas that have had communications infrastructure disabled.

Israeli settler kills a Palestinian in West Bank

Nablus, Palestinian Territories - One Palestinian was killed on Saturday by an Israeli settler near the northern city of Nablus in...
  • Bilal Abu Salah, 40, was "shot in the chest by a settler" in the village of Sawiya near Nablus, a Palestinian health ministry statement said.
  • An official told AFP that Abu Salah was killed while he was harvesting olives with other members of his family.

Scene is worse than an earthquake, say residents as Israel hammers Gaza

After air strikes and artillery fire rained down for hours overnight, much of the Gaza Strip has become an indistinguishable...
  • The destruction followed an announcement from the Israeli military that its forces had expanded operations in Gaza.
  • A food rations distribution center in Gaza run by the UN agency for Palestinian refugees was looted.

Hamas seeks to let go Russian-Israeli hostages, says Russian media

Hamas is trying to locate eight Russian-Israeli dual citizens among nearly 230 taken hostage during its members' attack on Israel...
  • "From the Russian side, via the foreign ministry, we received a list of citizens that have dual citizenship," senior Hamas representative Moussa Abu Marzook said.
  • The Kremlin admitted earlier this week it had not succeeded in freeing Russian hostages and that it did not know how many of its citizens had been taken.

Iran, Russia to invest $38bn in developing INSTC

TEHRAN, IRAN – The Iranian head of Solyanka Port in Russia said that the International North-South Transport Corridor (INSTC) is a...
  • The Iranian head of Solyanka Port spoke of the measures taken by the Islamic Republic of Iran Shipping Line (IRISL ) to develop the INSTC route.
  • The IRISL group purchased 30 rail wagons, 5,400 containers and ordered the construction of 21 equipped vessels for strengthening maritime routes.

32 killed in fire at ArcelorMittal mine in Kazakhstan

KARAGANDA, KAZAKHSTAN - A fire at a mine in Kazakhstan owed by steel giant ArcelorMittal killed 32 people on Saturday, with...
  • The fire was Kazakhstan's worst mining accident since 2006, when 41 miners died at an ArcelorMittal site.
  • The company said 252 miners have been brought out from underground and that rescue operations were ongoing.

Skirmishes on Israel-Lebanon border displace thousands

The International Organization for Migration said in an update that 28,965 people have been displaced, mainly in the country's south,...
  • Many displaced people are living in makeshift shelters in the southern Lebanon's larger towns
  • Some 58 people have been killed in the cross-border exchanges of fire, most of them Hizbollah fighters

US, China agree to work towards Biden-Xi meeting next month

With the Israel-Hamas conflict raging in the Middle East, Biden also "underscored that the United States and China must work...
  • Biden has invited Xi Jinping to San Francisco in November for the Asia-Pacific Economic Cooperation (APEC) summit, amid tense relations with China
  • A senior administration official said the White House was leaving it to Beijing to confirm that Xi would come but "we are making preparations for just such a meeting."

US supports ‘humanitarian pauses’ to let aid into Gaza

White House National Security Council spokesman John Kirby said the US supports pauses in Israel's war against Hamas in order...
  • His comments came after EU leaders demanded "humanitarian corridors and pauses" in the conflict
  • In the meantime the Israeli army said it would extend ground operations in the Gaza Strip on Friday

AI revolutionizes real estate across GCC countries

Cities like Dubai and Riyadh are harnessing AI to redefine every facet of property dealings, from development to management, Tripler...
  • Cities like Dubai and Riyadh are harnessing AI to redefine every facet of property dealings, from development to management, Tripler CEO Sam Singh tells TRENDS.
  • AI helps tenants find perfect homes, introducing dynamic pricing based on various factors, while data privacy concerns persist in its real estate integration, he adds.

Erdogan hails Eurofighter jets deal as ‘new symbol’ of strategic ties with Britain 

"We regard this step as a new symbol of the strategic relations between our two close allies," he said after...

Company News

Latest News

Why Israel gets support from central, eastern Europe

Their solidarity came to the fore on Wednesday, when Austria and Germany broke ranks with European Union peers to argue...

Iran, US to hold new round of nuclear talks in Rome

The talks, which began in April, are the highest-level contact between the foes since the United States quit the 2015...

Turkey says increasing energy exports to war-torn Syria

Damascus, Syria -- Turkish Energy Minister Alparslan Bayraktar said Thursday in Damascus that his country would ramp up energy exports...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Gazans mourn at dawn after night of intense Israeli strikes

Gaza's civil defence agency said that more than 20 air strikes hit Khan Yunis and its surroundings overnight, with the...
  • First responders have reported dozens of deaths daily since Israel intensified its attacks in the coastal territory, home to 2.4 million Palestinians
  • Every morning, the civil defence agency has provided death tolls for overnight air strikes that often hit houses in rural areas or apartment buildings

Rubio sees more Arab states normalizing with Israel this year

US Secretary of State Marco Rubio suggested Wednesday that more Arab nations could forge ties with Israel this year, as...
  • Saudi Arabia was in advanced talks on normalization, backed by then-president Joe Biden's administration, before the October 7, 2023 attack by Hamas on Israel
  • Saudi Arabia is considered the ultimate prize by Israel considering the kingdom's role as the guardian of Islam's two holiest shrines and its influence within the Arab and Islamic

US accepts Boeing jet from Qatar for use as Air Force One

US Defense Secretary Pete Hegseth has accepted the Boeing 747 that the Gulf emirate of Qatar offered to President Donald...
  • "The Secretary of Defense has accepted a Boeing 747 from Qatar in accordance with all federal rules and regulations," Pentagon spokesman Sean Parnell said in a statement
  • The US Constitution prohibits government officials from accepting gifts "from any King, Prince or foreign State," in a section known as the Emoluments Clause