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.

Putin and Modi in China for summit hosted by Xi

President Xi Jinping gathered the leaders of Russia and India among dignitaries from around 20 Eurasian countries on Sunday to...
  • The SCO comprises China, India, Russia, Pakistan, Iran, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Belarus -- with 16 more countries affiliated as observers
  • Russian President Vladimir Putin touched down in Tianjin on Sunday with an entourage of senior politicians and business representatives

Director Jarmusch ‘disconcerted’ over Mubi’s links to Israel military

Venice, Italy -- American director Jim Jarmusch said Sunday he was "disappointed" that arthouse film streaming platform Mubi had accepted...
  • Mubi, a rival to Netflix, is one of the distributors of Jarmusch's latest film "Father Mother Sister Brother", which premieres at the Venice Film Festival on Sunday.
  • The group accepted $100 million from Silicon Valley firm Sequoia Capital, which includes Israeli defense firm Kela in its portfolio, sparking a petition signed by Jarmusch.

Lebanon parliament speaker calls for dialogue over Hezbollah weapons

Beirut, Lebanon -- Lebanon's Speaker of Parliament Nabih Berri, an ally of the Iran-backed Hezbollah, called on Sunday for dialogue...
  • Lebanon's government this month tasked the army with drawing up a plan to disarm Hezbollah by the end of the year.
  • Hezbollah strongly opposed the decision and Shiite ministers, including representatives from the group and Berri's Amal Movement

Hamas confirms death of Gaza chief Mohammed Sinwar

Pictures released by the Palestinian group on Saturday showed him alongside other political and military leaders described as "martyrs of...
  • Mohammed Sinwar was the younger brother of Yahya Sinwar, accused by Israel of masterminding the October 7, 2023 attack on Israel that sparked the ongoing war in the Gaza Strip.
  • He reportedly led the Al-Qassam Brigades' military council after the death of commander Mohammed Deif.

Aid flotilla with Greta Thunberg set to sail for Gaza

The vessels will set off from the Spanish port city to "open a humanitarian corridor and end the ongoing genocide...
  • The flotilla is expected to arrive at the war-ravaged coastal enclave in mid-September.
  • Organizers say that dozens of other vessels are expected to leave Tunisian and other Mediterranean ports on September 4.

Yemen’s Huthis say PM killed in Israeli strike, the most senior Huthi official to have died so far

Ahmed Ghaleb Nasser Al-Rahawi, who was appointed last year, was killed along with other officials in the Israeli attack on...
  • Ahmed Ghaleb Nasser Al-Rahawi, who was appointed last year, was killed along with other officials in the Israeli attack on Thursday, the Iran-backed Huthis said.
  • Israel has been striking Huthi targets in response to missile attacks by rebels, who claim solidarity with the Palestinians and have also been harassing shipping in Red Sea

Red Cross warns against evacuation of Gaza City as Israel tightens siege

The Red Cross warned on Saturday that any Israeli efforts to evacuate Gaza City would put residents at risk, as...
  • After nearly 23 months of devastating war, Israel is under increasing pressure to end its offensive in Gaza, where the United Nations has declared a famine
  • But despite the calls at home and abroad for an end to the war, the Israeli army is readying itself for an intensified operation to seize the Palestinian territory

US to deny visas to Palestinian officials at UN summit as France pushes statehood recognition

The extraordinary step further aligns President Donald Trump's administration with Israel's government, which adamantly rejects a Palestinian state and has...
  • The extraordinary step further aligns President Donald Trump's administration with Israel's government, which adamantly rejects a Palestinian state
  • Veteran Palestinian Authority president Mahmud Abbas had been due to attend the UN meeting, the Palestinian ambassador to the United Nations, Riyad Mansour, told reporters

Turkey bars Israeli ships and flights from its territory

Ties between Turkey and Israel have been shattered by Israel's war against Hamas in Gaza, with Ankara accusing Israel of...
  • Turkish officials have repeatedly insisted that all trade ties with Israel have been cut, vowing there would be no normalization as long as the Gaza war continues.
  • In November, Turkey refused to let the Israeli president's plane cross its airspace, forcing him to cancel a planned visit to the COP29 climate conference in Azerbaijan.

Israel army says Gaza City now ‘a dangerous combat zone’

The Israeli military, however, is gearing up to expand the fighting and seize Gaza City, with its Arabic-language spokesman saying:...
  • The UN estimates that nearly a million people currently live in Gaza governorate, which includes Gaza City and its surroundings in the north of the territory.
  • The UN declared a famine in Gaza governorate last week, blaming "systematic obstruction" by Israel of humanitarian aid deliveries.

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.

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Saudi-Pakistan mutual defence pact will not include Turkey: sources

The Pakistan-Saudi pact was signed just months after Pakistan and India fought an intense four-day conflict in May that killed...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Trump says Iran wants talks and ‘make a deal’ as US aircraft carrier deploys

A US naval strike force led by an aircraft carrier was in Middle Eastern waters on Tuesday as Iran vowed...
  • Washington has not ruled out new military intervention against Tehran over its crackdown on protests, which according to rights groups saw thousands of people killed within days
  • A strike group led by the USS Abraham Lincoln has now arrived in Middle Eastern waters, US Central Command said, without revealing its precise location

US deploys aircraft carrier as Iran warns against attack, says ready to hit back

A US naval strike group led by an aircraft carrier has deployed to Middle Eastern waters, the United States said Monday,...
  • Iran's foreign ministry warned on Monday of a "comprehensive and regret-inducing response to any aggression".
  • Rhe United Arab Emirates, which hosts a US airbase, said it would not allow attacks on Iran to be launched from its territory.

Netanyahu, US envoys discuss opening Rafah crossing: Israeli media

US envoys Steve Witkoff and Jared Kushner urged Israeli Prime Minister Benjamin Netanyahu to reopen the Rafah crossing between Gaza and...
  • Reopening Rafah forms part of a Gaza truce framework announced by Trump in October, but the crossing has remained closed
  • Ali Shaath, appointed to head a committee of 15 Palestinian technocrats, said at the World Economic Forum that the gateway would reopen next week