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.

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...

Saudi Arabia to host ATP Masters 1000 tennis event from 2028

Paris, France -- The ATP announced on Thursday the creation of a new Masters 1000 event which will take place...
  • The new event will be played on hard courts and take place "at the start of the season" in a city yet to be determined, and will last "one week".
  • The long-expected move marks the first ever expansion of the top-tier category of men's tennis since its creation in 1990.

Rubio says Israel annexation moves in West Bank, settler violence ‘threatening’ Gaza peace deal

Israeli lawmakers voted Wednesday to advance two bills on annexing the occupied West Bank, barely a week after President Donald...
  • Israeli lawmakers voted Wednesday to advance two bills on annexing the occupied West Bank, barely a week after President Trump pushed through a deal aimed at ending 2-year war
  • "I think the president's made clear that's not something we can be supportive of right now," Rubio said of annexation as he boarded his plane for a visit to Israel

Norway’s wealth fund to enlist AI for managing climate risks

Oslo, Norway -- Norway's sovereign wealth fund said Wednesday that it would incorporate artificial intelligence tools into its investment analysis...
  • The fund's head of active ownership, Wilhelm Mohn, said AI along with its own analysis tools would allow it to "streamline processes and enhance decision-making".
  • The fund urges the more than 8,600 companies it invests in worldwide to commit to net-zero carbon emissions by 2050.

Global trade system ‘at risk of derailment’: UN chief

Geneva, Switzerland -- The rules-based international trade system is in danger, UN chief Antonio Guterres warned Wednesday, amid spiraling debt,...
  • Guterres said too many countries were trapped in a debt crisis, spending more money on servicing creditors than funding health and education.
  • The UN chief warned that developing countries "continue to be short-changed", with uncertainty rising, investment retreating and supply chains "in turmoil".

ICJ says Israel obliged to allow aid into Gaza as Turkey, Qatar move to protect truce

The ICJ ruling came as aid groups scrambled to scale up much-needed humanitarian assistance into Gaza, seizing upon a fragile...
  • Turkey has taken an active role in talks to secure a ceasefire in Gaza and voiced strong support for US President Donald Trump's peace plan.
  • Erdogan has said Turkey was ready to join an international task force in Gaza, with its military also expressing willingness to participate if needed.

JD Vance voices ‘great optimism’ for Gaza truce on Israel visit, meeting with Netanyahu today

Despite concerns in Israel that Hamas has seized on the pause to reassert itself in Gaza, Vance said Washington would...
  • Despite concerns in Israel that Hamas has seized on the pause to reassert itself in Gaza, Vance said Washington would not set a deadline for the group to disarm
  • That came after US President Donald Trump warned that allied nations in the region would invade Gaza to wipe out Hamas if it failed to comply with the truce

World Bank estimates Syria reconstruction costs at $216 billion

"The conflict has damaged nearly one-third of Syria’s pre-conflict gross capital stock, with direct physical damages to infrastructure, residential buildings, and...
  • Among the categories assessed, infrastructure was the hardest hit, accounting for 48 percent of total damage, equivalent to $52 billion.
  • The report estimates costs of physical assets to range between $140 billion and $345 billion, "with a conservative best estimate" of $216 billion.

Saudi Crown Prince to meet Trump in Washington next month

Riyadh, Saudi Arabia -- Saudi Arabia's Crown Prince Mohammed bin Salman will meet US President Donald Trump during a three-day...
  • The Crown Prince will arrive on November 17 and discuss political, economic and security files with Trump the following day, the source said on condition of anonymity.
  • Some media reports suggest Saudi Arabia is hoping for a US security agreement after Trump's executive order this month pledging to defend its neighbor Qatar from attacks.

Lavrov and Rubio discuss Putin-Trump summit, Zelensky seeks invite to the meeting

Russia's top diplomat Sergei Lavrov and US counterpart Marco Rubio discussed preparations for an upcoming summit between Vladimir Putin and...
  • Diplomatic efforts to end Russia's three-and-a-half-year invasion have stalled since Trump and Putin met for peace talks in Alaska in August
  • The two announced last week that they would meet in Budapest for a second round of talks, but it was not clear whether Zelensky would attend

Trump says Hamas will be ‘eradicated’ if group breaches Gaza deal with Israel

Trump, however, insisted that American forces would not be involved in confronting against Hamas, saying dozens of countries that have...
  • Vice President JD Vance headed to Israel shortly after Trump's comments, joining two top US envoys after weekend violence threatened to wreck the fragile ceasefire
  • Trump helped broker the Gaza deal nearly two weeks ago but it has repeatedly come under threat as Israel accuses Hamas of stalling on handing over dead hostages

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...

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US strikes southern Iran as Tehran officials head to Qatar for crucial talks

United States forces said they have attacked missile launch sites and mine-laying vessels in southern Iran, in what a US...

UAE organizations strengthen governance to scale AI cybersecurity: Report

Governance, accountability and validation processes emerge as critical requirements for translating growing AI investment into measurable operational and security outcomes,...

Xi and Putin reaffirm alliance days after Trump’s Beijing visit

Chinese President Xi Jinping hosted Russian President Vladimir Putin in Beijing on Wednesday, days after US President Donald Trump visited...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Trump warns of fresh strikes on Iran within days if negotiations fail

Iran, which said its proposals presented to Washington included sanctions relief, the release of frozen funds, warned it would “open...
  • G7 finance ministers urged reopening Hormuz Strait amid mounting concerns over disrupted energy supplies and global fertilizer shipments worldwide.
  • United Nations weighed legal response after Israel approved military compound construction on former UNRWA headquarters site in East Jerusalem.

Pakistan encouraging US-Iran talks but says ‘time is of the essence’

Pakistan is continuing to play a behind-the-scenes diplomatic role between the United States and Iran as tensions remain high over...
  • The communication channels between the two sides remain active at a crucial moment, coinciding with the Pakistani interior minister’s two-day visit to Tehran
  • Pakistan has encouraged both sides to continue negotiations but has also warned that “time is of the essence.”

Trump says Xi wants Hormuz Strait reopened amid Iran conflict

US President Donald Trump said Chinese President Xi Jinping wants the Strait of Hormuz reopened, following talks between the two...
  • Trump said both leaders agreed that the strategically important shipping route should remain open as tensions in the Gulf continue to impact oil markets worldwide
  • “He’d like to see the Hormuz Strait open,” Trump said of Xi. “He said if I can be of any help whatsoever, I would like to help.”