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 envoy Witkoff felt ‘betrayed’ by Israeli attack on Hamas in Qatar

Washington, United States - US envoy Steve Witkoff, President Donald Trump's chief negotiator on the Middle East, has said that...
  • "I think both Jared and I felt, I just feel we felt a little bit betrayed," Witkoff told the CBS news program "60 Minutes" in excerpts released Friday
  • At the time, the strike halted the indirect negotiating process to end the fighting in the devastated Gaza Strip, triggered by Hamas's October 7, 2023 attack on Israel

Pakistan, Afghanistan officials to meet in Qatar after latest strikes

Islamabad, Pakistan - Pakistani and Afghan officials were due to meet in Qatar Saturday to seek a path back to...
  • Kabul accused Islamabad of violating the 48-hour ceasefire, which had paused nearly a week of cross-border clashes that killed dozens of troops and civilians on both sides
  • The latest strikes targeted what Pakistan security sources said was a militant group linked to the Pakistani Taliban in the Afghan border areas

Trump tells Zelensky to ‘make a deal’ as Tomahawk plea misfires

Trump said as recently as last month that he believed Ukraine could take back all its territory -- but a...
  • Trump said as recently as last month that he believed Ukraine could take back all its territory -- but a day after agreeing to meet Russian President Putin for a new summit
  • "It's good that President Trump didn't say 'no,' but for today, (he) didn't say 'yes'" to providing Kyiv with Tomahawks, Zelensky told US broadcaster NBC on Friday

Hamas says committed to Gaza truce and returning hostage remains

Responding to a call from Hamas for help locating the bodies of the 19 hostages, buried under the rubble alongside...
  • A Turkish official told AFP on Friday that dozens of disaster response specialists were at the Egyptian side of the border awaiting a green light from the Israeli government.
  • The 81-member team from Turkey's Disaster and Emergency Management Authority (AFAD) is equipped with specialized search-and-rescue tools.

OpenAI halts MLK videos as deepfakes spark outrage

Washington, United States -- OpenAI has suspended its Sora 2 artificial intelligence tool from creating videos of civil rights icon...
  • The slain civil rights leader's estate and OpenAI said the company would pause generations depicting King while it "strengthens guardrails for historical figures."
  • Videos reanimating other dead figures including Malcolm X, Michael Jackson, Elvis Presley and Amy Winehouse have flooded social media since Sora 2's launch on September 30.

Trump says to meet Putin in Budapest after ‘great’ call, questions Ukraine’s push for Tomahawk missiles

In his latest abrupt pivot on Russia's 2022 invasion, Trump said he expected to meet Putin in Budapest within the...
  • In his latest abrupt pivot on Russia's 2022 invasion, Trump said he expected to meet Putin in Budapest within the next two weeks for what would be their second summit
  • Ukraine's President Volodymyr Zelensky insisted that the threat of Tomahawks had pushed Moscow to negotiate, even as he deals with yet another Trump shift on the war

Turkish experts to help find bodies in Gaza, as Trump warns Hamas

Turkey has deployed dozens of disaster relief specialists to help search for bodies under the mountains of rubble in Gaza,...
  • Trump characterised the killings as a breach of the ceasefire deal he spearheaded, under which the Palestinian militant group returned its last 20 surviving hostages to Israel
  • The Palestinian militants stressed their "commitment" to the ceasefire deal with Israel, and that they want to return all the remaining bodies of hostages left in Gaza

Trump speaks with Putin ahead of Zelensky visit

Donald Trump held a crucial phone call with Russian leader Vladimir Putin Thursday, a day before Ukraine's Volodymyr Zelensky meets...
  • "I am speaking to President Putin now," Trump said on his Truth Social network. "The conversation is ongoing, a lengthy one, and I will report the contents."
  • The call comes as Trump shows mounting frustration over the Kremlin leader's refusal to end the 2022 invasion of Ukraine despite their recent summit in Alaska

Building a secure future: Key takeaways from WEF’s Dubai meetings

The Annual Meeting on Cybersecurity, held jointly with the Global Future Councils, focused on strengthening global cooperation to enhance digital...
  • It convened over 500 experts from government, business, civil society and media, together with 150 of the world’s foremost cybersecurity leaders.
  • Participants identified key innovations, policies and business models that could drive meaningful and sustainable economic growth.

Ceasefire called after new Pakistan-Afghanistan clashes kill dozens

A 48-hour ceasefire between Afghanistan and Pakistan took hold late Wednesday, officials on both sides said, after dozens of troops...
  • The truce began at 6:00 pm Islamabad time (1300 GMT), shortly after being announced by both countries, each asserting the other had requested it to end the surge in violence
  • "During this period, both sides will sincerely strive to find a positive solution to this complex but resolvable issue through dialogue," the Pakistani foreign ministry said

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...

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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...

Seizure of vessel anchored near UAE coast close to Hormuz raises Gulf tensions

The incident came hours after India condemned an attack on an Indian-flagged vessel off Oman’s coast, calling continued assaults on...

Pentagon raises Iran war cost to $29 billion

The Pentagon on Tuesday revised the estimated cost of the war on Iran to nearly $29 billion, roughly $4 billion...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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US slaps fresh sanctions on China-linked firms over Iran missile program 

The United States on Friday announced a fresh round of sanctions targeting people and companies in China, Hong Kong, Belarus,...
  • The sanctions come as tensions continue to rise in the Persian Gulf amid ongoing clashes between Washington and Tehran over the Strait of Hormuz
  • The measures are aimed at disrupting Iran’s military industrial supply chain and restricting its access to materials required to build drones and missiles

Artificial intelligence rapidly reshaping cybersecurity: WEF

The AI and Cyber: Empowering Defenders report, developed in collaboration with KPMG, highlights measurable gains in cost reduction, response speed...
  • Some 94% of cyber leaders identify AI as a defining force and 77% of organisations already use it in their cyber operations.
  • The report emphasises that AI’s value in cybersecurity lies in augmenting human expertise, accelerating decisions and strengthening resilience.

Emirates restores 96 percent global network after disruption

The airline said it now operates to 137 destinations across 72 countries, with more than 1,300 weekly flights, representing about...
  • Even during reduced operations, Emirates carried 4.7 million passengers, underscoring resilient travel demand despite widespread disruption to regional air routes.
  • The recovery follows a significant disruption triggered by the recent Iran-related conflict, which led to widespread airspace restrictions across parts of the Gulf and West Asia.