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.

Funeral prayers offered for Khamenei, family members amid cries for revenge

The prayers were attended by President Masoud Pezeshkian, senior military commanders and members of Khamenei's family, although his successor, Mojtaba...
  • The funeral programme will continue with a mass procession through Tehran on Monday before ceremonies in other cities.
  • Tehran’s metro network has registered more than 7 million passenger trips from 5:30pm (14:00 GMT) on Saturday to 7am (03:30 GMT) on Sunday.

Mourners stream into Tehran for Khamenei farewell amid calls for ‘revenge’

The funeral of Iran's assassinated supreme leader has drawn mourners and foreign delegations from more than 100 countries, with Tehran...
  • Red flags symbolising demands for revenge were prominently displayed during the funeral ceremony.
  • More than 5,000 schools have been opened to accommodate pilgrims travelling to Tehran for the funeral.

Adani, Abu Dhabi’s IRH to invest $11.5bn in Odisha aluminum project

Dubai, UAE -- Adani Enterprises and Abu Dhabi-based International Resources Holding (IRH), an IHC Group company, have agreed to establish...
  • The integrated complex will include an alumina refinery, aluminium smelter, captive power plant and downstream manufacturing park.
  • The investment is expected to create 53,500 jobs and become India's largest foreign investment in the metallurgy sector.

Iran begins funeral ceremonies for Khamenei as Tehran prepares for massive show of unity

Millions are expected to gather in the Iranian capital over the coming days, with senior regional leaders attending ceremonies that...
  • New IRGC chief Ahmad Vahidi makes his first public appearance since before the war.
  • Officials estimate that between 15 million and 20 million people could participate in the ceremonies across Tehran.

Iran warns US, Israel against attacks as Khamenei funeral preparations begin

The warning came as US-Iran diplomacy remained on track after Doha talks. Iran's deputy foreign minister said the Doha negotiations...
  • Trump says Iran's denuclearisation effort is "moving along well" after indirect Doha talks showed positive progress.
  • Tehran schedules nationwide funeral ceremonies through July 9 as foreign leaders prepare to attend Khamenei's state funeral.

Doha negotiators agree hotline as Trump says US-Iran talks progressing

Technical negotiators focused on implementing the ceasefire framework, sanctions relief and Hormuz arrangements despite lingering regional security tensions.
  • Iran and the United States agreed to establish a hotline for reporting ceasefire violations following technical implementation talks in Doha.
  • Negotiators discussed sanctions relief, frozen assets and Hormuz arrangements while regional security risks continued despite diplomatic progress.

Trump says Iran denuclearization ‘moving along well’ as Doha talks continue

Technical negotiations continue over shipping, sanctions and ceasefire implementation as mediators work to translate the June accord into practice.
  • Iran warns it will respond immediately to any threat as Israeli rhetoric raises tensions despite ongoing diplomacy.
  • Shipping and aviation authorities maintain heightened security measures around Hormuz amid concerns the ceasefire remains fragile.

US, Iran continue indirect contact in Doha as officials trade barbs over talks

The envoys' presence follows US President Donald Trump's announcement on Monday that Iran had requested a meeting in the Qatari...
  • South Korea's Oceans Ministry said the HMM-operated bulk carrier Namu, damaged in a May attack in the Strait of Hormuz, will exit the strait in late July.
  • Democratic Representative Rashida Tlaib said she would support a bill to block roughly $3.3bn in military aid to Israel.

Iran demands MoU implementation before US talks in Doha

Trump said US envoys were travelling to Qatar for what he described as a "perhaps important, perhaps not" meeting, adding...
  • Strait of Hormuz dispute remains major obstacle as Tehran demands sanctions relief and asset releases before broader negotiations begin.
  • Brent crude, the primary international benchmark, has dipped with investors eyeing potential US-Iran talks in Doha.

GCC asset management reaches $2.7 trillion as retail growth outpaces institutions

Boston Consulting Group says regional asset managers must strengthen distribution capabilities and technology adoption as industry competition intensifies globally.
  • Retail assets outpaced institutional growth, highlighting accelerating demand despite institutional investors continuing to dominate regional assets under management.
  • BCG says distribution capabilities, AI adoption and technology investment will increasingly determine competitive advantage for regional asset managers.

‘Correct your behavior’: Iran sets six conditions for reopening Strait Hormuz

Tehran says it wants to move beyond the current state of “neither war nor peace”, while Oman hosts efforts to...

Latest News

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...

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...

Houthis strike Saudi oil tankers as Iran stops passage of three ships in Hormuz

The latest attack comes after US President Donald Trump warned that Washington would strike Iran's civilian infrastructure, including bridges and...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Qiddiya City launches ‘Powered by Play’ after global play research

Dubai, UAE --  Qiddiya City launched "Powered by Play," a long-term initiative aimed at promoting play as a driver of...
  • Qiddiya City launched "Powered by Play" after research found Saudis lead surveyed countries in recognizing play's broad personal benefits.
  • Survey found 87 percent of Saudis linked more play with happiness, while 78 percent associated it with greater success.

US strikes Iran for tenth night after Tehran attacks bases in Bahrain, Kuwait

The US State Department issued a worldwide security alert, urging American citizens to exercise increased caution because of heightened tensions...
  • IRGC said they targeted missile defense systems, radar facilities and satellite reception systems at U.S. positions in Kuwait.
  • The Guard also claimed attacking radar installations and other military assets at two American outposts in Bahrain.

Burnham names new cabinet after replacing Starmer as UK prime minister

Britain's new leader pledged a 10-year plan to ease living costs, re-industrialize the economy and decentralize power while reshaping his...
  • Burnham removed several allies of predecessor Keir Starmer, appointing John Healey as finance minister, Ed Miliband as foreign minister and Wes Streeting as defense minister.
  • Burnham spoke with U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky on his first day, while opposition politicians called for a snap election.