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.

Syrian religious leader demands ‘separate’ region for Druze

A prominent Druze leader in southern Syria demanded on Monday the creation of a separate region for his minority community,...
  • The week of bloodshed in Sweida province began on July 13 with clashes between Druze fighters and Sunni Bedouin, but rapidly escalated
  • Sheikh Hikmat al-Hijri, one of three prominent Syrian Druze spiritual leaders, said Monday that the violence "sought to eliminate us as a Druze sect".

Five journalists among 20 killed in Israeli strikes on Gaza’s Nasser Hospital

According to the media watchdogs Committee to Protect Journalists and Reporters Without Borders, around 200 journalists have been killed in...
  • The civil defense's Bassal said an Israeli explosive drone targeted a building at the hospital, followed by an air strike as the wounded were being evacuated.
  • A spokesperson for Qatar-based TV network Al Jazeera said on Monday that one of its photojournalists and cameramen, Mohammad Salama, was killed in the attack.

Over 12,000 Wi-Fi breaches recorded in UAE since start of year

Abu Dhabi, UAE --  The UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open...
  • UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open and untrusted public Wi-Fi networks.
  • According to the Council, these incidents account for nearly 35 percent of the total cyberattacks reported in the UAE.

Iran’s Khamenei says will not bow down to US

The remarks, delivered at a mosque in the capital Tehran, come two months since fighting halted between Iran and its...
  • The rare Israeli and US attacks in June, which targeted key nuclear sites and prompted Iranian retaliation, were designed to destabilize the Islamic republic, Khamenei argued.
  • He said that a day after "Iran was attacked" by Israel at the start of the war, "American agents" met in Europe "to discuss what government should rule Iran.

Musk’s megarocket faces crucial new test after failures

Washington, United States -- Elon Musk's SpaceX is gearing up for the next test of its Starship megarocket on Sunday,...
  • Unlike in recent attempts, SpaceX will not try to catch the booster stage with the launch tower's giant "chopstick" arms.
  • Starship is central to Musk's ambition of colonizing Mars, while NASA is counting on a modified version to serve as the Artemis lunar lander for returning Americans to the Moon.

Iran says killed six ‘terrorists’ linked to Israel in Sistan-Baluchistan province

Iranian forces have killed six militants in a raid in the restive southeast, state media reported Saturday, saying they were...
  • "During an intense exchange of fire with terrorists in Sistan-Baluchistan province, six assailants were killed and two others arrested," official news agency IRNA said
  • Sistan-Baluchistan, which borders Pakistan and Afghanistan, has long been a scene of clashes between security forces and armed groups, including drug traffickers and separatists

Syria postpones selection of lawmakers from Druze, Kurdish-held areas

A Syrian official said Saturday that the selection process planned for a transitional parliament next month will be postponed in...
  • Syria's new authorities, led by President Ahmed al-Sharaa, have dissolved the Assad-era parliament and adopted a temporary constitution for a five-year transition
  • The interim charter has been criticised for concentrating power in Sharaa's hands after decades of autocracy under Assad and for failing to reflect Syria's ethnic diversity

‘Far too late’: Clutching pots and buckets, Palestinians despair after UN declares famine in Gaza

"We have no home left, no food, no income... so we are forced to turn to charity kitchens, but they...
  • AFP footage from Gaza's largest city showed women and young children among the chaotic jostle of dozens clamouring and shouting for for food
  • The UN officially declared a famine in Gaza on Friday, blaming the "systematic obstruction" of aid by Israel during more than 22 months of war

Hamas demands opening of Gaza crossings after UN famine declaration

Hamas called on Friday for an immediate end to the war in Gaza and the lifting of the Israeli siege...
  • In a statement published online, the group called for "immediate action by the UN and the security council to stop the war and lift the siege."
  • The group went on to say that the declaration by the United Nations confirmed the "humanitarian catastrophe" in Gaza and accused Israel of using starvation as a "tool of war".

Iran to meet Britain, France and Germany on its nuclear programme as snapback sanctions loom

The move would reimpose sweeping UN sanctions lifted under the 2015 agreement unless Iran agrees to curb its uranium enrichment...
  • The Islamic republic suspended cooperation with the International Atomic Energy Agency in July in the wake of its 12-day war with Israel
  • The European trio -- parties to the landmark 2015 Iran nuclear deal -- have threatened to trigger a "snapback mechanism" by the end of August

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...

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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...

Next round of Russia, Ukraine talks to begin in Abu Dhabi on February 1: US official

A next round of trilateral talks between Ukraine, Russia and the US to halt the war will continue in Abu Dhabi...

US pitches glitzy New Gaza rebuild at Davos, drawing outrage amid ongoing humanitarian crisis

Trump's son-in-law Jared Kushner said the so-called National Committee for the Administration of Gaza (NCAG) had enlisted help from Israeli...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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European leaders vow ‘unflinching’ response to Trump’s plans to annex Greenland

The US president, who will address the annual gathering of global elites on Wednesday, has put the transatlantic alliance to...
  • Leaders at the World Economic Forum (WEF) closed ranks against Trump's increasingly aggressive America First agenda
  • Trump has pressed on with his Greenland campaign on Truth Social, writing that he had a "very good" call with NATO secretary-general

Putin invited to Trump’s ‘Board of Peace’ aimed at resolving conflicts globally: Kremlin

Russian President Vladimir Putin has been invited to join US President Donald Trump's "Board of Peace" aimed at resolving conflicts...
  • "President Putin also received an invitation to join this Board of Peace," spokesman Dmitry Peskov told journalists, including AFP
  • Russia was seeking to "clarify all the nuances" of the offer with Washington, he said, without adding if Putin was inclined to join

Iraq announces complete withdrawal of US-led coalition from federal territory

Iraq said on Sunday US-led coalition forces had finished withdrawing from bases within the country's federal territory, which excludes the...
  • The vast majority of coalition troops withdrew from Iraq over previous stages, with only advisers remaining in the country
  • IS attacks in Iraq have massively declined in recent years, but the group maintains a presence in the country's mountainous areas