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.

Lost for 50 years, Nobel patents found in Swedish summer home

Stockholm, Sweden -- A dozen patents belonging to Swedish inventor and philanthropist Alfred Nobel and lost for almost 50 years...
  • Nobel -- who discovered dynamite in 1867 and created the Nobel Prizes in his 1895 will -- had hundreds of patents in several countries.
  • Nobel was known as a globetrotter -- he was nicknamed "the richest vagabond in the world" -- who at various times in his life lived in Sweden, Russia, Germany, France.

Iran says open to US nuclear talks, rejects missile curbs

Security chief Ali Larijani said Tuesday that Iran was open to nuclear talks with the United States but ruled out...
  • "The path for negotiations with the US is not closed; yet these are the Americans who only pay lip service to talks; and they wrongly blame Iran for it," said Larijani
  • The remarks came days after the United States welcomed a move by European powers to reimpose UN sanctions on Iran but said it remained "available for direct engagement with Iran".

Gaza mother hopes Venice film about final moments of slain child helps end war

The mother of Hind Rajab, a five-year-old Palestinian girl killed by Israeli forces in Gaza, hopes that a film about...
  • Rajab's body was recovered from a car riddled with bullets in Gaza City days after she was last heard from, in a desperate, hours-long phone call to the Palestinian Red Crescent
  • She had made the emergency call after her family's car came under fire during an attempt to flee Gaza City amid an Israeli advance in the Palestinian territory's north

Post SCO summit, Kim, Putin at Xi’s side for massive China military parade in Beijing

In unprecedented scenes, Xi shook both their hands and chatted with the pair as they walked down a red carpet...
  • In unprecedented scenes, Xi shook both their hands and chatted with the pair as they walked down a red carpet towards Tiananmen Square, with Putin to Xi's right and Kim to his left
  • Thousands of people sang patriotic songs, and there was a gun salute as the showpiece extravaganza to mark 80 years since the end of World War II got underway

France issues arrest warrant for Syria’s Assad over 2012 journalist killings: lawyers

Paris, France -- French judicial authorities have issued arrest warrants for ousted Syrian president Bashar al-Assad and six other top...
  • British photographer Paul Conroy, French reporter Edith Bouvier and Syrian translator Wael Omar were wounded in the attack on the informal press center where they had been working.
  • Assad escaped with his family to Russia after being ousted by Islamist rebels at the end of 2024 although his precise whereabouts have not been confirmed.

Post SCO summit, China’s Xi and Russia’s Putin start talks in Beijing, says state media

The Chinese and Russian leaders criticised Western governments during the summit on Monday, where Xi slammed "bullying behaviour" from certain...
  • "In the morning of September 2, President Xi Jinping met with Russian President Putin... in the Great Hall of the People in Beijing," state broadcaster CCTV reported
  • World leaders including North Korea's Kim Jong Un have gathered in China's capital for the showcase of Beijing's might on Wednesday

Hamas rejects reported plan for US takeover of Gaza and relocation of its residents

Hamas denounced on Monday a plan reportedly being considered by US President Donald Trump for the United States to take...
  • The Washington Post reported on Sunday that the White House was considering a plan that would see Gaza become a trusteeship administered by the United States
  • The goal would be to transform the territory into a tourism magnet and high-tech hub, according to the US newspaper, which cited a 38-page prospectus for the initiative

Shanghai Cooperation Organisation ‘strongly condemns’ civilian toll in Gaza

The 10-member SCO said they also strongly condemned US and Israeli strikes on Iran in June, in the statement issued...
  • Member states express deep concern over escalating Israeli-Palestinian conflict, call for comprehensive, lasting ceasefire and unhindered humanitarian aid.
  • They said Israeli and US military aggression on Iran violated international law and UN Charter principles.

US would control Gaza, displace all its people under Trump’s new plan: report

The entire population of Gaza would be relocated and the United States would take control of the Palestinian territory under...
  • The enclave reduced to rubble in Israel's war prompted by the Hamas attack of 2023 would be transformed into a trusteeship administered by the United States for at least 10 years
  • Another goal of the plan modeled on President Donald Trump's stated vision of making it the "Riviera of the Middle East" is to transform Gaza into a tourism resort

Leaders gather in China for SCO summit ceremony, Xi slams ‘bullying’ behaviour in world order

The SCO comprises China, India, Russia, Pakistan, Iran, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Belarus -- with 16 more countries affiliated...
  • The SCO comprises China, India, Russia, Pakistan, Iran, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Belarus -- with 16 more countries affiliated as observers
  • More than 20 leaders including Iranian President Masoud Pezeshkian and his Turkish counterpart Erdogan are attending the bloc's largest meeting since its founding in 2001

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.

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US and Iran set for new nuclear talks in Istanbul to revive stalled diplomacy

Iran’s President Masoud Pezeshkian has announced that he has instructed diplomats to pursue negotiations with the United States, signalling a...

The GCC must deploy its ‘strategic advantages’ to lead the transition

The models that once governed aid, CSR, employment, and economic engagement are shifting, and the GCC has an opportunity to...

Iran’s Khamenei likens protests to ‘coup’, warns of regional war

Iran's supreme leader on Sunday likened recent anti-government protests to a "coup", warning that any US attack on the Islamic...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Iran says defence capabilities ‘never’ up for negotiation as US seeks end to nuclear enrichment

Iran's top diplomat said Friday that his country's missile and defence capabilities would "never" be on the negotiating table, as US...
  • The Axios site on Monday reported that US officials say any deal with Tehran would have to include a cap on its long-range missiles
  • Other regional actors have joined calls for diplomacy, including Gulf states, some of which host US military sites, and Tehran's ally Russia

Turkey to offer mediation in US-Iran showdown during Iran foreign minister’s Friday visit

Friday's visit by Iranian Foreign Minister Abbas Araghchi comes after US President Donald Trump threatened a military strike on Iran...
  • Turkish Foreign Minister Hakan Fidan will tell Araghchi that his country "is ready to contribute to resolving the current tensions through talks", a Turkish diplomatic source said
  • Speaking to Al-Jazeera television on Wednesday, Fidan said he had suggested Washington tackle outstanding issues with Iran "one-by-one", starting with the nuclear file

Trump says ‘time running out’ as Iran threatens response to any attack “like never before”

In his latest post on Truth Social, Trump did not mention the protests but said Iran needed to negotiate a...
  • A US naval strike group that Trump described as an "armada" led by aircraft carrier the USS Abraham Lincoln is now lurking in Middle East waters
  • In his latest post on Truth Social, Trump said Iran needed to negotiate a deal over its nuclear programme, which the West believes is aimed at making an atomic bomb