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

US welcomes aid in Gaza, urges parties to keep Rafah crossing open

Washington, US - The United States on Saturday welcomed the arrival of aid trucks from Egypt in the war-torn Gaza Strip,...
  • US Secretary of State Antony Blinken urged all parties to keep the Rafah crossing open to enable the movement of aid that is required for people of Gaza.
  • The opening of the supply route came after days of intense negotiations and an agreement reached by US President Joe Biden with Israeli Prime Minister

Israel raids Hamas deputy leader’s home in West Bank

RAMALLAH, PALESTINIAN TERRITORIES - Israeli troops on Saturday raided the West Bank home of a senior Hamas leader and detained members...
  • Saleh al-Aruri is the deputy to Hamas' overall leader Ismail Haniyeh and one of the founders of the Islamist group's military wing.
  • Troops entered Aruri's home in Arura village, some 20 kilometers north of Ramallah and arrested more than 20 people.

Aid trucks for residents enter Gaza from Egypt

The first aid trucks arrived in the war-torn Gaza Strip from Egypt, AFP journalists said, bringing desperately needed humanitarian relief...
  • The lorries had been waiting for days on the Egyptian side after Israel agreed to allow aid to enter following a request from its top ally the United States.
  • Israel had launched a military campaign and cut food, water, electricity and fuel supplies to the densely populated territory.

Israel urges citizens to immediately leave Egypt, Jordan

Israel urged its citizens to immediately leave Egypt and Jordan, the national security council said on Saturday as regional tensions...
  • The notice comes just days after Israel recalled its diplomats from Turkey as a security precaution following an earlier request for its citizens to leave as well
  • The war ignited after Hamas militants stormed into Israel from the Gaza Strip, taking more than 200 hostages and killing at least 1,400 people

UAE president and Vietnam PM explore ways to boost ties

Riyadh, Saudi Arabia-- UAE President Sheikh Mohamed bin Zayed and Vietnamese Prime Minister Pham Minh Chinh have explored opportunities to...
  • They looked at ways to boost ties to serve mutual interests and realise the aspirations for further development and prosperity
  • The two leaders met on the sidelines of the joint summit between the GCC and ASEAN, which commenced in Riyadh, Saudi Arabia

At least 30% of all housing units in Gaza destroyed or damaged: UN

Geneva, Switzerland - At least 30% of the housing sector in the Gaza Strip has been either destroyed or rendered...
  • "Hospitals are on the brink and overcrowded with patients, many awaiting treatment," the OCHA said
  • Hundreds of people including children have been trapped beneath the rubble amid airstrikes in Gaza

Hamas attacked Israel to derail its warming ties with Saudis: Biden

Speaking at a campaign fundraiser, US president said the Saudis wanted to recognize Israel and unite the Middle east, and...
  • After the attack, Saudi officials said the kingdom had suspended talks with Israel on normalization of relations
  • The kingdom's crown prince saw progress in talks with Israel but insisted on movement on the Palestinian cause

Hamas releases two US hostages with hope for more

Tel Aviv, Israel - Gaza's Hamas rulers released two Americans on Friday among some 200 hostages they abducted in brutal October...
  • No details were given on their condition, but US President Joe Biden said he was "overjoyed" at the news
  • Hamas said it was working with Qatar and Egypt to free its "civilian" hostages, in a sign that more releases could follow

UN says aid to reach Gaza ‘in the next day or so’ via Rafah border

"We are in deep and advanced negotiations with all relevant sides to ensure that an aid operation in Gaza starts...
  • Desperately needed international aid piled up Friday in Egypt near Gaza, with Palestinians in dire need of food and water after relentless bombing by Israel
  • The UN says more than one million of Gaza's 2.4 million people have been displaced and that the humanitarian situation is worsening by the day

Lebanon national carrier halves flights amid fears of Israel war

BEIRUT, LEBANON -  Lebanon's national carrier on Friday said it was cutting more than half of its flights as tensions along...
  • Only eight of the Middle East Airlines company’s 22 planes would operate as of next week, with the rest of the fleet relocated to other airports.
  • Other airlines, including Swiss International Air Lines and Germany's Lufthansa have already temporarily suspended Beirut flights,

TotalEnergies approves restart of $20-bn Mozambique gas project

Paris, France -- France's TotalEnergies said Saturday the consortium it leads to build a $20-billion liquified natural gas project in...

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A day after first direct talks between officials, Kremlin says Putin-Zelensky meeting possible only after pact

The Kremlin said Saturday a meeting between Russia's Vladimir Putin and Ukraine's Volodymyr Zelensky would be possible only after both...

Arab summit presses for end to Gaza ‘bloodshed’ as Israel launched an expanded military offensive

Arab leaders meeting Saturday at a summit in Baghdad urged the international community to press for a Gaza ceasefire, as...

Moody’s downgrades US credit rating on rise in govt debt

Moody's on Friday downgraded the United States's credit rating from the top triple-A level, citing rising levels of government debt...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Arab League to meet in Baghdad to discuss regional crises, key leaders may give it a miss

The Arab League is meeting in Baghdad on Saturday to discuss Gaza and other regional crises, but some key leaders...
  • The war in Gaza is expected to dominate the agenda, especially after Israel approved plans to expand its offensive and spoke of the "conquest" of the territory
  • United Nations chief Antonio Guterres will attend the summit, and Spanish Prime Minister Pedro Sanchez is expected to address it as a guest

Israel launches ‘initial stages’ of new Gaza operation, threatens Huthi leaders after striking Yemen ports

The operation is part of "the expansion of the battle in the Gaza Strip, with the goal of achieving all...
  • The offensive, known as "Operation Gideon's Chariots", comes as Israel faces pressure to lift a sweeping aid blockade in return for a US-Israeli hostage released by Hamas
  • Israel resumed its military offensive in Gaza on March 18 after a two-month truce in its war against Hamas, triggered by an attack by the Palestinian group in October 2023

No Israel stop for Trump on Mideast tour shows shifting ties

Jerusalem, Undefined -- US President Donald Trump's decision to skip over Israel in his Middle East tour was just the...
  • The United States in early May sealed a ceasefire with Yemen's Houthi rebels that has left Israel out of the picture.
  • The deal was announced just hours after a missile fired by the rebels landed within the perimeter of Tel Aviv's international airport, leading to the cancellation of flights.